AFTY vs. AAXJ
Compare and contrast key facts about Pacer CSOP FTSE China A50 ETF (AFTY) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ).
AFTY and AAXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AFTY is a passively managed fund by Pacer Advisors that tracks the performance of the FTSE China A 50. It was launched on Mar 12, 2015. 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. Both AFTY and AAXJ 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: AFTY or AAXJ.
Key characteristics
| AFTY | AAXJ | |
|---|---|---|
| YTD Return | 6.62% | 2.36% |
| 1Y Return | -7.68% | 5.87% |
| 3Y Return (Ann) | -12.54% | -8.25% |
| 5Y Return (Ann) | -1.82% | 0.44% |
| Sharpe Ratio | -0.37 | 0.31 |
| Daily Std Dev | 18.27% | 15.62% |
| Max Drawdown | -51.06% | -49.37% |
| Current Drawdown | -43.89% | -29.09% |
Correlation
The correlation between AFTY and AAXJ is 0.67, 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.
Performance
AFTY vs. AAXJ - Performance Comparison
In the year-to-date period, AFTY achieves a 6.62% return, which is significantly higher than AAXJ's 2.36% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AFTY vs. AAXJ - Expense Ratio Comparison
AFTY has a 0.70% expense ratio, which is higher than AAXJ's 0.68% expense ratio.
Risk-Adjusted Performance
AFTY vs. AAXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer CSOP FTSE China A50 ETF (AFTY) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ). 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
AFTY vs. AAXJ - Dividend Comparison
AFTY's dividend yield for the trailing twelve months is around 2.09%, less than AAXJ's 2.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFTY Pacer CSOP FTSE China A50 ETF | 2.09% | 2.23% | 2.08% | 1.84% | 1.48% | 8.63% | 1.85% | 6.62% | 1.19% | 16.76% | 0.00% | 0.00% |
AAXJ iShares MSCI All Country Asia ex-Japan ETF | 2.21% | 2.26% | 1.73% | 2.20% | 1.05% | 1.82% | 2.09% | 1.98% | 1.76% | 2.43% | 1.77% | 1.76% |
Drawdowns
AFTY vs. AAXJ - Drawdown Comparison
The maximum AFTY drawdown since its inception was -51.06%, roughly equal to the maximum AAXJ drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for AFTY and AAXJ. For additional features, visit the drawdowns tool.
Volatility
AFTY vs. AAXJ - Volatility Comparison
Pacer CSOP FTSE China A50 ETF (AFTY) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ) have volatilities of 4.45% and 4.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.