BROIX vs. DWM
Compare and contrast key facts about BlackRock Advantage International Fund (BROIX) and WisdomTree International Equity Fund (DWM).
BROIX is managed by Blackrock. It was launched on Jan 31, 2006. DWM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International Equity Index. It was launched on Jun 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BROIX or DWM.
Key characteristics
| BROIX | DWM | |
|---|---|---|
| YTD Return | 7.59% | 7.55% |
| 1Y Return | 15.29% | 15.50% |
| 3Y Return (Ann) | 4.82% | 4.85% |
| 5Y Return (Ann) | 8.29% | 6.31% |
| 10Y Return (Ann) | 5.97% | 3.74% |
| Sharpe Ratio | 1.30 | 1.31 |
| Daily Std Dev | 12.10% | 12.01% |
| Max Drawdown | -54.49% | -62.10% |
| Current Drawdown | -0.77% | -0.53% |
Correlation
The correlation between BROIX and DWM is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BROIX vs. DWM - Performance Comparison
The year-to-date returns for both stocks are quite close, with BROIX having a 7.59% return and DWM slightly lower at 7.55%. Over the past 10 years, BROIX has outperformed DWM with an annualized return of 5.97%, while DWM has yielded a comparatively lower 3.74% annualized 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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BROIX vs. DWM - Expense Ratio Comparison
BROIX has a 0.50% expense ratio, which is higher than DWM's 0.48% expense ratio.
Risk-Adjusted Performance
BROIX vs. DWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage International Fund (BROIX) and WisdomTree International Equity Fund (DWM). 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
BROIX vs. DWM - Dividend Comparison
BROIX's dividend yield for the trailing twelve months is around 2.52%, less than DWM's 3.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BROIX BlackRock Advantage International Fund | 2.52% | 2.71% | 3.37% | 8.52% | 1.72% | 2.67% | 2.69% | 0.72% | 2.09% | 0.79% | 1.79% | 0.00% |
DWM WisdomTree International Equity Fund | 3.65% | 4.15% | 4.36% | 3.64% | 2.74% | 3.46% | 3.86% | 2.99% | 3.43% | 3.55% | 4.71% | 3.29% |
Drawdowns
BROIX vs. DWM - Drawdown Comparison
The maximum BROIX drawdown since its inception was -54.49%, smaller than the maximum DWM drawdown of -62.10%. Use the drawdown chart below to compare losses from any high point for BROIX and DWM. For additional features, visit the drawdowns tool.
Volatility
BROIX vs. DWM - Volatility Comparison
BlackRock Advantage International Fund (BROIX) has a higher volatility of 3.31% compared to WisdomTree International Equity Fund (DWM) at 2.96%. This indicates that BROIX's price experiences larger fluctuations and is considered to be riskier than DWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.