AAXJ vs. THD
Compare and contrast key facts about iShares MSCI All Country Asia ex-Japan ETF (AAXJ) and iShares MSCI Thailand ETF (THD).
AAXJ and THD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAXJ is a passively managed fund by iShares that tracks the performance of the MSCI All Country Asia ex Japan Index. It was launched on Aug 13, 2008. THD is a passively managed fund by iShares that tracks the performance of the MSCI Thailand Investable Market Index. It was launched on Mar 26, 2008. Both AAXJ and THD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAXJ or THD.
Performance
AAXJ vs. THD - Performance Comparison
Returns By Period
In the year-to-date period, AAXJ achieves a 12.06% return, which is significantly higher than THD's 1.38% return. Over the past 10 years, AAXJ has outperformed THD with an annualized return of 3.59%, while THD has yielded a comparatively lower -0.22% annualized return.
AAXJ
12.06%
-5.46%
2.03%
15.82%
3.02%
3.59%
THD
1.38%
-8.51%
7.45%
3.89%
-3.66%
-0.22%
Key characteristics
| AAXJ | THD | |
|---|---|---|
| Sharpe Ratio | 0.94 | 0.24 |
| Sortino Ratio | 1.41 | 0.48 |
| Omega Ratio | 1.17 | 1.05 |
| Calmar Ratio | 0.45 | 0.11 |
| Martin Ratio | 4.35 | 0.52 |
| Ulcer Index | 3.68% | 7.90% |
| Daily Std Dev | 17.12% | 17.51% |
| Max Drawdown | -49.37% | -64.22% |
| Current Drawdown | -22.37% | -25.63% |
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AAXJ vs. THD - Expense Ratio Comparison
AAXJ has a 0.68% expense ratio, which is higher than THD's 0.59% expense ratio.
Correlation
The correlation between AAXJ and THD is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
AAXJ vs. THD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI All Country Asia ex-Japan ETF (AAXJ) and iShares MSCI Thailand ETF (THD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AAXJ vs. THD - Dividend Comparison
AAXJ's dividend yield for the trailing twelve months is around 1.85%, less than THD's 2.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAXJ iShares MSCI All Country Asia ex-Japan ETF | 1.85% | 2.26% | 1.73% | 2.21% | 1.06% | 1.83% | 2.10% | 1.99% | 1.77% | 2.44% | 1.78% | 1.77% |
THD iShares MSCI Thailand ETF | 2.83% | 2.92% | 2.41% | 3.16% | 2.31% | 2.42% | 2.57% | 2.16% | 2.61% | 3.58% | 2.34% | 2.93% |
Drawdowns
AAXJ vs. THD - Drawdown Comparison
The maximum AAXJ drawdown since its inception was -49.37%, smaller than the maximum THD drawdown of -64.22%. Use the drawdown chart below to compare losses from any high point for AAXJ and THD. For additional features, visit the drawdowns tool.
Volatility
AAXJ vs. THD - Volatility Comparison
The current volatility for iShares MSCI All Country Asia ex-Japan ETF (AAXJ) is 5.49%, while iShares MSCI Thailand ETF (THD) has a volatility of 6.33%. This indicates that AAXJ experiences smaller price fluctuations and is considered to be less risky than THD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.