DHHF.AX vs. EWA
Compare and contrast key facts about Betashares Diversified All Growth ETF (DHHF.AX) and iShares MSCI-Australia ETF (EWA).
DHHF.AX and EWA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DHHF.AX is an actively managed fund by BetaShares. It was launched on Dec 3, 2019. EWA is a passively managed fund by iShares that tracks the performance of the MSCI Australia Index. It was launched on Mar 18, 1996.
Performance
DHHF.AX vs. EWA - Performance Comparison
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DHHF.AX vs. EWA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DHHF.AX Betashares Diversified All Growth ETF | -4.82% | 11.88% | 21.74% | 17.00% | -8.93% | 23.07% | 3.80% | 0.84% |
EWA iShares MSCI-Australia ETF | 2.35% | 5.12% | 11.82% | 13.89% | 0.30% | 15.32% | -1.22% | 0.94% |
Different Trading Currencies
DHHF.AX is traded in AUD, while EWA is traded in USD. To make them comparable, the EWA values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DHHF.AX achieves a -4.82% return, which is significantly lower than EWA's 2.35% return.
DHHF.AX
- 1D
- 0.45%
- 1M
- -5.52%
- YTD
- -4.82%
- 6M
- -3.50%
- 1Y
- 10.09%
- 3Y*
- 13.00%
- 5Y*
- 9.71%
- 10Y*
- —
EWA
- 1D
- 1.36%
- 1M
- -5.00%
- YTD
- 2.35%
- 6M
- 0.04%
- 1Y
- 10.54%
- 3Y*
- 9.20%
- 5Y*
- 8.38%
- 10Y*
- 9.27%
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DHHF.AX vs. EWA - Expense Ratio Comparison
DHHF.AX has a 0.19% expense ratio, which is lower than EWA's 0.50% expense ratio.
Return for Risk
DHHF.AX vs. EWA — Risk / Return Rank
DHHF.AX
EWA
DHHF.AX vs. EWA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Diversified All Growth ETF (DHHF.AX) and iShares MSCI-Australia ETF (EWA). 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.
| DHHF.AX | EWA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 0.69 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.06 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.15 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.27 | -0.10 |
Martin ratioReturn relative to average drawdown | 4.00 | 3.38 | +0.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DHHF.AX | EWA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 0.69 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.64 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.28 | +0.44 |
Correlation
The correlation between DHHF.AX and EWA is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
DHHF.AX vs. EWA - Dividend Comparison
DHHF.AX's dividend yield for the trailing twelve months is around 2.30%, less than EWA's 3.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHHF.AX Betashares Diversified All Growth ETF | 1.99% | 2.13% | 1.99% | 2.38% | 4.24% | 1.28% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWA iShares MSCI-Australia ETF | 3.03% | 3.21% | 3.71% | 3.72% | 5.28% | 5.08% | 2.02% | 3.97% | 6.11% | 4.44% | 4.03% | 5.48% |
Drawdowns
DHHF.AX vs. EWA - Drawdown Comparison
The maximum DHHF.AX drawdown since its inception was -28.54%, smaller than the maximum EWA drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for DHHF.AX and EWA.
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Drawdown Indicators
| DHHF.AX | EWA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.54% | -66.98% | +38.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.03% | -12.85% | +4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -17.30% | -24.87% | +7.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.54% | — |
Current DrawdownCurrent decline from peak | -6.90% | -7.96% | +1.06% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -11.38% | +7.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 3.47% | -1.12% |
Volatility
DHHF.AX vs. EWA - Volatility Comparison
The current volatility for Betashares Diversified All Growth ETF (DHHF.AX) is 4.95%, while iShares MSCI-Australia ETF (EWA) has a volatility of 6.41%. This indicates that DHHF.AX experiences smaller price fluctuations and is considered to be less risky than EWA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DHHF.AX | EWA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 6.41% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 9.22% | -1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.84% | 15.26% | -2.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.16% | 13.10% | -1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.28% | 18.12% | -4.84% |