BIRDX vs. MXUS.L
Compare and contrast key facts about iShares Developed Real Estate Index Fund (BIRDX) and Invesco MSCI USA UCITS ETF (MXUS.L).
BIRDX is managed by Blackrock. It was launched on Aug 12, 2015. MXUS.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on Mar 31, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIRDX or MXUS.L.
Key characteristics
| BIRDX | MXUS.L | |
|---|---|---|
| YTD Return | -7.33% | 5.13% |
| 1Y Return | 1.52% | 25.11% |
| 3Y Return (Ann) | -4.89% | 6.95% |
| 5Y Return (Ann) | -0.99% | 13.10% |
| Sharpe Ratio | -0.00 | 2.10 |
| Daily Std Dev | 16.48% | 11.66% |
| Max Drawdown | -43.03% | -34.38% |
| Current Drawdown | -22.95% | -4.49% |
Correlation
The correlation between BIRDX and MXUS.L is 0.41, 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
BIRDX vs. MXUS.L - Performance Comparison
In the year-to-date period, BIRDX achieves a -7.33% return, which is significantly lower than MXUS.L's 5.13% 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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BIRDX vs. MXUS.L - Expense Ratio Comparison
BIRDX has a 0.19% expense ratio, which is higher than MXUS.L's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BIRDX vs. MXUS.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Developed Real Estate Index Fund (BIRDX) and Invesco MSCI USA UCITS ETF (MXUS.L). 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
BIRDX vs. MXUS.L - Dividend Comparison
BIRDX's dividend yield for the trailing twelve months is around 3.46%, while MXUS.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIRDX iShares Developed Real Estate Index Fund | 3.46% | 2.99% | 1.24% | 3.54% | 1.78% | 6.67% | 4.18% | 4.71% | 2.24% | 1.38% |
MXUS.L Invesco MSCI USA UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BIRDX vs. MXUS.L - Drawdown Comparison
The maximum BIRDX drawdown since its inception was -43.03%, which is greater than MXUS.L's maximum drawdown of -34.38%. Use the drawdown chart below to compare losses from any high point for BIRDX and MXUS.L. For additional features, visit the drawdowns tool.
Volatility
BIRDX vs. MXUS.L - Volatility Comparison
iShares Developed Real Estate Index Fund (BIRDX) has a higher volatility of 5.02% compared to Invesco MSCI USA UCITS ETF (MXUS.L) at 3.89%. This indicates that BIRDX's price experiences larger fluctuations and is considered to be riskier than MXUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.