DBAW vs. BROIX
DBAW (Xtrackers MSCI All World ex US Hedged Equity ETF) and BROIX (BlackRock Advantage International Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, DBAW returned 11.19%/yr vs 10.12%/yr for BROIX. Their correlation of 0.83 means they have usually moved in the same direction. DBAW charges 0.41%/yr vs 0.50%/yr for BROIX.
Performance
DBAW vs. BROIX - Performance Comparison
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Returns By Period
In the year-to-date period, DBAW achieves a 15.22% return, which is significantly higher than BROIX's 13.67% return. Over the past 10 years, DBAW has outperformed BROIX with an annualized return of 11.19%, while BROIX has yielded a comparatively lower 10.12% annualized return.
DBAW
- 1D
- -0.14%
- 1M
- -0.63%
- 6M
- 10.49%
- YTD
- 15.22%
- 1Y
- 31.59%
- 3Y*
- 19.45%
- 5Y*
- 11.46%
- 10Y*
- 11.19%
- ALL TIME*
- 9.37%
BROIX
- 1D
- 2.82%
- 1M
- 1.94%
- 6M
- 8.20%
- YTD
- 13.67%
- 1Y
- 27.26%
- 3Y*
- 18.24%
- 5Y*
- 11.18%
- 10Y*
- 10.12%
- ALL TIME*
- 7.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.29M | $1.79M | $1.16M |
DBAW vs. BROIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | 15.22% | 26.47% | 14.35% | 16.26% | -13.35% | 13.08% | 7.44% | 22.96% | -10.38% | 18.79% |
BROIX BlackRock Advantage International Fund | 13.67% | 32.45% | 6.76% | 19.44% | -13.48% | 13.07% | 7.34% | 21.61% | -15.07% | 24.20% |
Correlation
The correlation between DBAW and BROIX is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2014 | 0.83 |
The correlation between DBAW and BROIX has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.
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Return for Risk
DBAW vs. BROIX — Risk / Return Rank
DBAW
BROIX
DBAW vs. BROIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) and BlackRock Advantage International Fund (BROIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DBAW | BROIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.29 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 2.34 | +1.01 |
| Martin ratioReturn relative to average drawdown | 12.36 | 9.02 | +3.34 |
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Drawdowns
DBAW vs. BROIX - Drawdown Comparison
The maximum DBAW drawdown since its inception was -31.44%, smaller than the maximum BROIX drawdown of -54.49%. Use the drawdown chart below to compare losses from any high point for DBAW and BROIX.
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Drawdown Indicators
| DBAW | BROIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.44% | -54.49% | +23.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.00% | -11.12% | +2.12% |
Max Drawdown (3Y)Largest decline over 3 years | -14.11% | -14.05% | -0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -17.87% | -28.24% | +10.37% |
Max Drawdown (10Y)Largest decline over 10 years | -31.44% | -36.24% | +4.80% |
Current DrawdownCurrent decline from peak | -3.47% | 0.00% | -3.47% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -9.77% | +4.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.88% | -0.44% |
Volatility
DBAW vs. BROIX - Volatility Comparison
Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) and BlackRock Advantage International Fund (BROIX) have volatilities of 4.83% and 4.81%, 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.
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Volatility by Period
| DBAW | BROIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 4.81% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | 13.71% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.70% | 16.08% | -1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.04% | 16.31% | -2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.22% | 16.40% | -1.18% |
DBAW vs. BROIX - Expense Ratio Comparison
DBAW has a 0.41% expense ratio, which is lower than BROIX's 0.50% expense ratio.
Dividends
DBAW vs. BROIX - Dividend Comparison
DBAW's dividend yield for the trailing twelve months is around 1.70%, less than BROIX's 7.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BROIX BlackRock Advantage International Fund | 7.35% | 7.13% | 3.55% | 2.71% | 3.37% | 8.52% | 1.72% | 2.67% | 2.69% | 0.72% | 2.09% | 0.78% |
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | 1.70% | 3.83% | 1.70% | 3.45% | 8.81% | 2.05% | 2.08% | 2.91% | 2.93% | 2.41% | 1.99% | 5.74% |
Frequently Asked Questions
DBAW and BROIX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBAW has higher volatility (4.83%) compared to BROIX (4.81%). In terms of maximum drawdown, DBAW dropped -31.44% vs BROIX's -54.49%.
DBAW currently has the higher Sharpe Ratio (2.05 vs 1.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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