Xtrackers MSCI EAFE Small Cap Hdg Eq ETF
DBES
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Dec 18, 2015
- CIK
- 0001503123
- Website
- deutsche-etfs.com
- Similar Companies
- Business
- Xtrackers MSCI EAFE Small Cap Hdg Eq ETF (DBES) is an exchange-traded fund that seeks to provide investment results corresponding generally to the performance, before fees and expenses, of the MSCI EAFE Small Cap 100% Hedged to USD Index. The fund tracks small-cap equities in developed markets outside North America, including Europe, Australasia, and the Far East (EAFE), with full currency hedging to the U.S. dollar via one-month forward contracts to mitigate foreign exchange risk; it employs a passive management strategy through physical replication by holding the underlying index constituents. DBES offers investors exposure to small-cap companies across diversified sectors in key EAFE markets such as Japan, the United Kingdom, France, Germany, and Switzerland, targeting institutional and retail investors seeking hedged international small-cap equity diversification. Xtrackers, the ETF brand of DWS Group (a subsidiary of Deutsche Bank AG), issues DBES as part of its broad suite of passive investment products encompassing equities, fixed income, commodities, and thematic strategies; the platform manages over $283 billion in assets under management globally, with offerings listed on major exchanges in the United States, Europe, Asia, and other regions. Headquartered in Luxembourg with key operations in Frankfurt, Germany, and U.S. offices supporting North American products, Xtrackers traces its origins to 2007 when it launched as db x-trackers under Deutsche Bank. In recent developments, DBES has faced operational challenges, including low assets under management around $3 million and a MarketBeat notation marking it as potentially delisted, reflecting reduced trading activity and liquidity concerns as of late 2025. While no specific closures or mergers for DBES were announced in 2024-2025, Xtrackers by DWS has pursued product rationalization across its lineup, announcing closures of related low-AUM funds such as the Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW) in July 2024 and the Xtrackers S&P 600 SmallCap ESG ETF in May 2024 to streamline offerings. The firm continues to expand in high-growth areas, launching new thematic ETFs like AI-focused products in 2024 and adding Eurozone government bond ESG ETFs in December 2025, alongside fee reductions on flagship products such as its MSCI World ETF.