FIVLX vs. HEFA
Compare and contrast key facts about Fidelity International Value Fund (FIVLX) and iShares Currency Hedged MSCI EAFE ETF (HEFA).
FIVLX is managed by Fidelity. It was launched on May 18, 2006. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIVLX or HEFA.
Performance
FIVLX vs. HEFA - Performance Comparison
Returns By Period
In the year-to-date period, FIVLX achieves a 7.84% return, which is significantly lower than HEFA's 13.47% return. Over the past 10 years, FIVLX has underperformed HEFA with an annualized return of 4.73%, while HEFA has yielded a comparatively higher 8.60% annualized return.
FIVLX
7.84%
-1.85%
-1.58%
13.98%
7.80%
4.73%
HEFA
13.47%
0.14%
0.11%
16.95%
10.06%
8.60%
Key characteristics
| FIVLX | HEFA | |
|---|---|---|
| Sharpe Ratio | 1.08 | 1.55 |
| Sortino Ratio | 1.49 | 2.07 |
| Omega Ratio | 1.19 | 1.28 |
| Calmar Ratio | 1.66 | 1.73 |
| Martin Ratio | 5.24 | 7.98 |
| Ulcer Index | 2.67% | 2.12% |
| Daily Std Dev | 12.95% | 10.90% |
| Max Drawdown | -64.54% | -32.39% |
| Current Drawdown | -7.02% | -1.98% |
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FIVLX vs. HEFA - Expense Ratio Comparison
FIVLX has a 1.01% expense ratio, which is higher than HEFA's 0.35% expense ratio.
Correlation
The correlation between FIVLX and HEFA is 0.81, 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.
Risk-Adjusted Performance
FIVLX vs. HEFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Fund (FIVLX) 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
FIVLX vs. HEFA - Dividend Comparison
FIVLX's dividend yield for the trailing twelve months is around 1.91%, less than HEFA's 2.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIVLX Fidelity International Value Fund | 1.91% | 2.06% | 1.85% | 4.35% | 1.74% | 3.19% | 3.33% | 1.50% | 2.57% | 1.44% | 3.94% | 4.51% |
HEFA iShares Currency Hedged MSCI EAFE ETF | 2.84% | 3.01% | 25.14% | 3.06% | 2.10% | 5.37% | 4.58% | 2.55% | 3.17% | 3.54% | 3.39% | 0.00% |
Drawdowns
FIVLX vs. HEFA - Drawdown Comparison
The maximum FIVLX drawdown since its inception was -64.54%, which is greater than HEFA's maximum drawdown of -32.39%. Use the drawdown chart below to compare losses from any high point for FIVLX and HEFA. For additional features, visit the drawdowns tool.
Volatility
FIVLX vs. HEFA - Volatility Comparison
Fidelity International Value Fund (FIVLX) has a higher volatility of 3.51% compared to iShares Currency Hedged MSCI EAFE ETF (HEFA) at 2.94%. This indicates that FIVLX's price experiences larger fluctuations and is considered to be riskier than HEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.