DBEF vs SCHF: Holdings Overlap
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
SCHFSchwab International Equity ETF
Schwab · 1476 holdings · $67.5B · as of 2026-05-31
How similar are DBEF and SCHF?
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676 positions; Schwab International Equity ETF (SCHF, by Schwab) holds 1476. They have 660 holdings in common, and by portfolio weight the two funds are 71.8% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 71.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 660DBEF holds 676 · SCHF holds 1476
- Weight in Shared Holdings
- DBEF 96%·SCHF 72%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DBEF
16 of 676 positions (1.4% of the fund) are not held by SCHF.
Sector Breakdown
| Sector | DBEF | SCHF |
|---|---|---|
| Financials | 23.0% | 21.7% |
| Industrials | 17.6% | 14.5% |
| Information Technology | 10.2% | 15.5% |
| Health Care | 9.3% | 7.1% |
| Consumer Staples | 6.5% | 5.3% |
| Other Sectors | 24.9% | 23.7% |
| Unclassified | 5.6% | 11.5% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (6% of DBEF, 12% of SCHF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DBEF | +2.8% | +16.9% | +29.3% | +19.7% | +14.0% | +12.5% | 2.22% |
| SCHF | +2.7% | +18.1% | +30.6% | +20.0% | +10.5% | +10.4% | 2.99% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DBEF vs SCHF →
Shared Holdings(660)
The top 10 shared positions account for 14% of the overlap, led by ASML, HSBA and ROP.
 ASMLASML Holding NV | 2.82% | 2.10% | 2.10% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.45% | 1.08% | 1.08% |
 ROPRoche Holding AG | 1.33% | 0.99% | 0.99% |
 NOVNNovartis AG (Registered) | 1.24% | 0.97% | 0.97% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.26% | 0.93% | 0.93% |
 NESNNestle SA (Registered) | 1.18% | 0.88% | 0.88% |
 SHELShell PLC | 1.06% | 0.80% | 0.80% |
 SIESiemens AG (Registered) | 1.05% | 0.77% | 0.77% |
 BHPBHP Group Ltd. | 1.03% | 0.74% | 0.74% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.90% | 0.69% | 0.69% |
 7203Toyota Motor Corp. NPV | 0.81% | 0.68% | 0.68% |
 CBACommonwealth Bank of Australia | 0.89% | 0.66% | 0.66% |
 SAPSAP SE ORD NPV | 0.85% | 0.62% | 0.62% |
 9984SoftBank Group Corp. | 0.79% | 0.62% | 0.62% |
 SANBanco Santander SA | 0.81% | 0.61% | 0.61% |
 SUSchneider Electric SE EUR4.00 | 0.78% | 0.57% | 0.57% |
 ALVAllianz SE (Registered) | 0.76% | 0.57% | 0.57% |
 ABBNABB Ltd. CHF0.12 (REGD) | 0.76% | 0.56% | 0.56% |
 TTETotalEnergies SE EUR2.5 | 0.78% | 0.53% | 0.53% |
 RR-Rolls-Royce Holdings PLC | 0.68% | 0.51% | 0.51% |
 IBEIberdrola, S.A. EUR0.75 | 0.62% | 0.50% | 0.50% |
 UBSGUBS Group AG (Registered) | 0.68% | 0.50% | 0.50% |
 8035Tokyo Electron Ltd. NPV | 0.66% | 0.49% | 0.49% |
 NOVOBNovo Nordisk A/S, Class B | 0.66% | 0.49% | 0.49% |
 ENRSiemens Energy AG | 0.66% | 0.47% | 0.47% |
Showing the top 250 of 660 shared holdings by overlap weight.
Frequently Asked Questions
How much do DBEF and SCHF overlap?
DBEF and SCHF overlap by 71.8% of portfolio weight. They share 660 holdings (DBEF holds 676 positions and SCHF holds 1476), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DBEF and SCHF?
The two portfolios are 71.8% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of DBEF and SCHF?
The largest positions held by both funds are ASML, HSBA, ROP, NOVN and AZN. Together the top 10 shared positions account for 14% of the total overlap.
What does DBEF own that SCHF doesn't?
16 positions (1.4% of DBEF) are unique to DBEF, led by SPOT, NBIS and TEVA. In the other direction, 816 positions (27.5% of SCHF) are unique to SCHF.