AWWIX vs. IDEQ

Last updated Jun 4, 2026

AWWIX (CIBC Atlas International Growth Fund) and IDEQ (Lazard International Dynamic Equity ETF) are both Foreign Large Cap Equities funds. Their correlation of 0.86 suggests significant overlap in exposure. AWWIX charges 0.94%/yr vs 0.40%/yr for IDEQ.

Performance

AWWIX vs. IDEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CIBC Atlas International Growth Fund (AWWIX) and Lazard International Dynamic Equity ETF (IDEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWWIX achieves a 4.02% return, which is significantly lower than IDEQ's 16.67% return.

AWWIX

• 1D: 0.66%
• 1M: 4.02%
• YTD: 4.02%
• 6M: 4.91%
• 1Y: 11.91%
• 3Y*: 12.84%
• 5Y*: 5.73%
• 10Y*: —

IDEQ

• 1D: -0.87%
• 1M: 4.76%
• YTD: 16.67%
• 6M: 20.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AWWIX vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
AWWIX CIBC Atlas International Growth Fund	4.02%	5.01%
IDEQ Lazard International Dynamic Equity ETF	16.67%	11.77%

Correlation

The correlation between AWWIX and IDEQ is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 2, 2025	0.86

Return for Risk

AWWIX vs. IDEQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWWIX

AWWIX Risk / Return Rank: 10
AWWIX Sharpe Ratio Rank: 10
AWWIX Sortino Ratio Rank: 10
AWWIX Omega Ratio Rank: 10
AWWIX Calmar Ratio Rank: 10
AWWIX Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AWWIX vs. IDEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas International Growth Fund (AWWIX) and Lazard International Dynamic Equity ETF (IDEQ). 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.

	AWWIX	IDEQ	Difference
Sharpe ratio Return per unit of total volatility	0.77	—	—
Sortino ratio Return per unit of downside risk	1.18	—	—
Omega ratio Gain probability vs. loss probability	1.15	—	—
Calmar ratio Return relative to maximum drawdown	0.95	—	—
Martin ratio Return relative to average drawdown	3.23	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AWWIX	IDEQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	2.30	-1.84

Drawdowns

AWWIX vs. IDEQ - Drawdown Comparison

The maximum AWWIX drawdown since its inception was -32.98%, which is greater than IDEQ's maximum drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for AWWIX and IDEQ.

Drawdown Indicators

	AWWIX	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-32.98%	-12.95%	-20.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.25%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	—	—
Current Drawdown Current decline from peak	-2.50%	-0.87%	-1.63%
Average Drawdown Average peak-to-trough decline	-6.74%	-2.10%	-4.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	—	—

Volatility

Volatility by Period

	AWWIX	IDEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.28%	18.39%	-3.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.02%	18.39%	-1.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.82%	18.39%	+0.43%

AWWIX vs. IDEQ - Expense Ratio Comparison

AWWIX has a 0.94% expense ratio, which is higher than IDEQ's 0.40% expense ratio.

Dividends

AWWIX vs. IDEQ - Dividend Comparison

AWWIX's dividend yield for the trailing twelve months is around 0.70%, more than IDEQ's 0.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AWWIX CIBC Atlas International Growth Fund	0.70%	0.73%	1.14%	1.16%	1.53%	1.97%	0.26%	0.11%
IDEQ Lazard International Dynamic Equity ETF	0.52%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWWIX and IDEQ in my portfolio?

AWWIX and IDEQ have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.