DMXF vs. ESGD
Compare and contrast key facts about iShares ESG Advanced MSCI EAFE ETF (DMXF) and iShares ESG Aware MSCI EAFE ETF (ESGD).
DMXF and ESGD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMXF is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Choice ESG Screened Index. It was launched on Jun 16, 2020. ESGD is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Extended ESG Focus Index. It was launched on Jun 28, 2016. Both DMXF and ESGD 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: DMXF or ESGD.
Key characteristics
| DMXF | ESGD | |
|---|---|---|
| YTD Return | 6.90% | 6.70% |
| 1Y Return | 15.02% | 13.25% |
| 3Y Return (Ann) | 2.49% | 3.20% |
| Sharpe Ratio | 1.11 | 1.04 |
| Daily Std Dev | 13.48% | 12.56% |
| Max Drawdown | -34.52% | -33.70% |
| Current Drawdown | -1.20% | 0.00% |
Correlation
The correlation between DMXF and ESGD is 0.94, 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
DMXF vs. ESGD - Performance Comparison
The year-to-date returns for both stocks are quite close, with DMXF having a 6.90% return and ESGD slightly lower at 6.70%. 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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DMXF vs. ESGD - Expense Ratio Comparison
DMXF has a 0.12% expense ratio, which is lower than ESGD's 0.20% expense ratio. Despite the difference, 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
DMXF vs. ESGD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced MSCI EAFE ETF (DMXF) and iShares ESG Aware MSCI EAFE ETF (ESGD). 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
DMXF vs. ESGD - Dividend Comparison
DMXF's dividend yield for the trailing twelve months is around 2.14%, less than ESGD's 2.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
DMXF iShares ESG Advanced MSCI EAFE ETF | 2.14% | 2.29% | 2.37% | 1.91% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% |
ESGD iShares ESG Aware MSCI EAFE ETF | 2.83% | 3.02% | 2.59% | 2.74% | 1.63% | 2.57% | 2.69% | 2.64% | 0.09% |
Drawdowns
DMXF vs. ESGD - Drawdown Comparison
The maximum DMXF drawdown since its inception was -34.52%, roughly equal to the maximum ESGD drawdown of -33.70%. Use the drawdown chart below to compare losses from any high point for DMXF and ESGD. For additional features, visit the drawdowns tool.
Volatility
DMXF vs. ESGD - Volatility Comparison
iShares ESG Advanced MSCI EAFE ETF (DMXF) has a higher volatility of 3.74% compared to iShares ESG Aware MSCI EAFE ETF (ESGD) at 3.28%. This indicates that DMXF's price experiences larger fluctuations and is considered to be riskier than ESGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.