Correlation
The correlation between DOX and ACWI is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
DOX vs. ACWI
Compare and contrast key facts about Amdocs Limited (DOX) and iShares MSCI ACWI ETF (ACWI).
ACWI is a passively managed fund by iShares that tracks the performance of the MSCI All Country World Index. It was launched on Mar 26, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOX or ACWI.
Performance
DOX vs. ACWI - Performance Comparison
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Key characteristics
DOX:
1.01
ACWI:
0.78
DOX:
1.40
ACWI:
1.10
DOX:
1.19
ACWI:
1.16
DOX:
0.83
ACWI:
0.76
DOX:
3.95
ACWI:
3.32
DOX:
4.86%
ACWI:
3.79%
DOX:
19.92%
ACWI:
17.99%
DOX:
-93.37%
ACWI:
-56.00%
DOX:
-3.53%
ACWI:
-0.63%
Returns By Period
In the year-to-date period, DOX achieves a 8.40% return, which is significantly higher than ACWI's 5.23% return. Over the past 10 years, DOX has underperformed ACWI with an annualized return of 6.95%, while ACWI has yielded a comparatively higher 9.35% annualized return.
DOX
8.40%
3.53%
7.03%
18.86%
4.11%
10.37%
6.95%
ACWI
5.23%
5.31%
2.44%
13.24%
12.29%
13.32%
9.35%
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Risk-Adjusted Performance
DOX vs. ACWI — Risk-Adjusted Performance Rank
DOX
ACWI
DOX vs. ACWI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amdocs Limited (DOX) and iShares MSCI ACWI ETF (ACWI). 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.
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Dividends
DOX vs. ACWI - Dividend Comparison
DOX's dividend yield for the trailing twelve months is around 2.14%, more than ACWI's 1.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOX Amdocs Limited | 2.14% | 2.25% | 1.98% | 2.17% | 1.92% | 1.85% | 1.58% | 1.71% | 1.34% | 1.34% | 1.25% | 1.33% |
ACWI iShares MSCI ACWI ETF | 1.62% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% |
Drawdowns
DOX vs. ACWI - Drawdown Comparison
The maximum DOX drawdown since its inception was -93.37%, which is greater than ACWI's maximum drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for DOX and ACWI.
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Volatility
DOX vs. ACWI - Volatility Comparison
Amdocs Limited (DOX) has a higher volatility of 5.30% compared to iShares MSCI ACWI ETF (ACWI) at 3.81%. This indicates that DOX's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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