HDEF Fees and Costs — Xtrackers MSCI EAFE High Dividend Yield Equity ETF
Data updated: 2026-09-25
The net expense ratio is 0.09%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $15K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 24%.
HDEF Fees and Expenses
Annual operating expenses and sales charges of HDEF. Prospectus, as of September 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
HDEF Costs Over Time
On $10,000 invested in HDEF, assuming 5% a year before costs, total costs come to $58 over 5 years, cutting the return by 0.10% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $10 | $31 | $58 |
| Value after costs | $10,490 | $11,545 | $12,705 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
HDEF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $1.8B
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $28.3M
- Net income from securities lending: $486K (0.022% of average net assets)
HDEF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $7K | 45.27% |
| GOLDMAN SACHS & CO. LLC | $5K | 31.21% |
| UBS Securities LLC | $1K | 7.62% |
| J.P. Morgan Securities LLC | $962 | 6.59% |
| MORGAN STANLEY & CO. LLC | $462 | 3.16% |
| CITIGROUP GLOBAL MARKETS INC. | $423 | 2.90% |
| BARCLAYS CAPITAL, INC. | $276 | 1.89% |
| RBC CAPITAL MARKETS, LLC | $198 | 1.36% |
HDEF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $565.2M | 31.05% |
| GOLDMAN SACHS & CO. LLC | $419.4M | 23.04% |
| CitiGroup Global Markets Inc. | $308.0M | 16.92% |
| THE BANK OF NEW YORK MELLON | $262.9M | 14.45% |
| BOFA SECURITIES, INC. | $147.4M | 8.10% |
| J.P. Morgan Securities LLC | $103.9M | 5.71% |
| MORGAN STANLEY & CO. LLC | $12.5M | 0.69% |
| INSTINET, LLC | $987K | 0.05% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.