DDWM vs. HEFA
Compare and contrast key facts about WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and iShares Currency Hedged MSCI EAFE ETF (HEFA).
DDWM and HEFA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DDWM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Dynamic Currency Hedged International Equity Index. It was launched on Jan 7, 2016. HEFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE 100% Hedged to USD Index. It was launched on Jan 31, 2014. Both DDWM and HEFA 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: DDWM or HEFA.
Correlation
The correlation between DDWM and HEFA is 0.90, 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
DDWM vs. HEFA - Performance Comparison
Key characteristics
DDWM:
1.81
HEFA:
1.61
DDWM:
2.45
HEFA:
2.14
DDWM:
1.32
HEFA:
1.29
DDWM:
2.56
HEFA:
1.84
DDWM:
7.67
HEFA:
8.19
DDWM:
2.52%
HEFA:
2.20%
DDWM:
10.69%
HEFA:
11.27%
DDWM:
-35.00%
HEFA:
-32.39%
DDWM:
0.00%
HEFA:
0.00%
Returns By Period
In the year-to-date period, DDWM achieves a 7.33% return, which is significantly lower than HEFA's 7.80% return.
DDWM
7.33%
5.61%
6.39%
17.93%
8.33%
N/A
HEFA
7.80%
5.34%
9.83%
17.04%
10.93%
8.75%
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DDWM vs. HEFA - Expense Ratio Comparison
DDWM has a 0.40% expense ratio, which is higher than HEFA's 0.35% expense ratio.
Risk-Adjusted Performance
DDWM vs. HEFA — Risk-Adjusted Performance Rank
DDWM
HEFA
DDWM vs. HEFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) and iShares Currency Hedged MSCI EAFE ETF (HEFA). 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
DDWM vs. HEFA - Dividend Comparison
DDWM's dividend yield for the trailing twelve months is around 3.33%, more than HEFA's 2.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund | 3.33% | 3.57% | 4.46% | 4.28% | 3.73% | 3.52% | 3.63% | 4.40% | 2.65% | 4.00% | 0.00% | 0.00% |
HEFA iShares Currency Hedged MSCI EAFE ETF | 2.87% | 3.09% | 3.01% | 25.14% | 3.06% | 2.10% | 5.37% | 4.58% | 2.55% | 3.17% | 3.54% | 3.39% |
Drawdowns
DDWM vs. HEFA - Drawdown Comparison
The maximum DDWM drawdown since its inception was -35.00%, which is greater than HEFA's maximum drawdown of -32.39%. Use the drawdown chart below to compare losses from any high point for DDWM and HEFA. For additional features, visit the drawdowns tool.
Volatility
DDWM vs. HEFA - Volatility Comparison
The current volatility for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is 2.36%, while iShares Currency Hedged MSCI EAFE ETF (HEFA) has a volatility of 2.49%. This indicates that DDWM experiences smaller price fluctuations and is considered to be less risky than HEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.