EFAD vs. IOO
Compare and contrast key facts about ProShares MSCI EAFE Dividend Growers ETF (EFAD) and iShares Global 100 ETF (IOO).
EFAD and IOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFAD is a passively managed fund by ProShares that tracks the performance of the MSCI EAFE Dividend Masters Index. It was launched on Aug 19, 2014. IOO is a passively managed fund by iShares that tracks the performance of the S&P Global 100 Index. It was launched on Dec 5, 2000. Both EFAD and IOO 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: EFAD or IOO.
Key characteristics
| EFAD | IOO | |
|---|---|---|
| YTD Return | 2.95% | 26.42% |
| 1Y Return | 15.84% | 35.96% |
| 3Y Return (Ann) | -4.19% | 11.42% |
| 5Y Return (Ann) | 2.14% | 16.17% |
| 10Y Return (Ann) | 2.58% | 12.34% |
| Sharpe Ratio | 1.35 | 2.57 |
| Sortino Ratio | 1.99 | 3.39 |
| Omega Ratio | 1.24 | 1.47 |
| Calmar Ratio | 0.61 | 3.17 |
| Martin Ratio | 6.13 | 13.17 |
| Ulcer Index | 2.60% | 2.67% |
| Daily Std Dev | 11.78% | 13.67% |
| Max Drawdown | -35.74% | -55.85% |
| Current Drawdown | -14.49% | -0.49% |
Correlation
The correlation between EFAD and IOO is 0.77, 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
EFAD vs. IOO - Performance Comparison
In the year-to-date period, EFAD achieves a 2.95% return, which is significantly lower than IOO's 26.42% return. Over the past 10 years, EFAD has underperformed IOO with an annualized return of 2.58%, while IOO has yielded a comparatively higher 12.34% annualized return. 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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EFAD vs. IOO - Expense Ratio Comparison
EFAD has a 0.50% expense ratio, which is higher than IOO's 0.40% expense ratio.
Risk-Adjusted Performance
EFAD vs. IOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI EAFE Dividend Growers ETF (EFAD) and iShares Global 100 ETF (IOO). 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
EFAD vs. IOO - Dividend Comparison
EFAD's dividend yield for the trailing twelve months is around 2.34%, more than IOO's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAD ProShares MSCI EAFE Dividend Growers ETF | 2.34% | 2.29% | 1.76% | 2.98% | 1.49% | 2.05% | 2.37% | 2.42% | 2.88% | 1.93% | 0.61% | 0.00% |
IOO iShares Global 100 ETF | 1.08% | 1.49% | 2.00% | 1.53% | 1.49% | 2.02% | 2.54% | 2.23% | 2.75% | 2.89% | 3.52% | 2.37% |
Drawdowns
EFAD vs. IOO - Drawdown Comparison
The maximum EFAD drawdown since its inception was -35.74%, smaller than the maximum IOO drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for EFAD and IOO. For additional features, visit the drawdowns tool.
Volatility
EFAD vs. IOO - Volatility Comparison
The current volatility for ProShares MSCI EAFE Dividend Growers ETF (EFAD) is 3.32%, while iShares Global 100 ETF (IOO) has a volatility of 4.16%. This indicates that EFAD experiences smaller price fluctuations and is considered to be less risky than IOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.