FYLD vs. IHDG

Last updated Jun 4, 2026

FYLD (Cambria Foreign Shareholder Yield ETF) and IHDG (WisdomTree International Hedged Dividend Growth Fund) are both exchange-traded funds - FYLD is a Global Equities fund actively managed by Cambria, while IHDG is a Foreign Large Cap Equities fund tracking the WisdomTree International Hedged Dividend Growth Index. FYLD is actively managed, while IHDG is passively managed. Over the past 10 years, FYLD returned 11.35%/yr vs 10.09%/yr for IHDG. A 0.64 correlation means they provide meaningful diversification when combined. FYLD charges 0.59%/yr vs 0.58%/yr for IHDG.

Performance

FYLD vs. IHDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Foreign Shareholder Yield ETF (FYLD) and WisdomTree International Hedged Dividend Growth Fund (IHDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FYLD achieves a 18.51% return, which is significantly higher than IHDG's 5.33% return. Over the past 10 years, FYLD has outperformed IHDG with an annualized return of 11.35%, while IHDG has yielded a comparatively lower 10.09% annualized return.

FYLD

• 1D: -0.18%
• 1M: 0.58%
• YTD: 18.51%
• 6M: 19.88%
• 1Y: 39.75%
• 3Y*: 22.34%
• 5Y*: 11.38%
• 10Y*: 11.35%

IHDG

• 1D: -0.60%
• 1M: 4.90%
• YTD: 5.33%
• 6M: 7.48%
• 1Y: 15.52%
• 3Y*: 10.55%
• 5Y*: 7.68%
• 10Y*: 10.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FYLD vs. IHDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FYLD Cambria Foreign Shareholder Yield ETF	18.51%	34.53%	3.00%	13.18%	-5.53%	18.67%	4.17%	17.83%	-14.47%	29.81%
IHDG WisdomTree International Hedged Dividend Growth Fund	5.33%	14.17%	5.97%	20.00%	-11.53%	19.75%	10.51%	33.42%	-12.03%	21.93%

Correlation

The correlation between FYLD and IHDG is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since May 8, 2014	0.64

The correlation between FYLD and IHDG has been stable across timeframes, ranging from 0.58 to 0.64 - a consistent structural relationship.

FYLD vs. IHDG - Sectors Allocation Comparison

Sectors	FYLD	IHDG
Energy	32.7%	3.7%
Financial Services	18.9%	15.2%
Industrials	16.1%	19.7%
Basic Materials	9.4%	5.4%
Consumer Cyclical	7.3%	19.3%
Consumer Defensive	5.7%	4.3%
Technology	4.2%	7.8%
Communication Services	4.1%	4.5%
Utilities	1.8%	0.8%
Healthcare	-	9.4%
Real Estate	-	0.3%

Return for Risk

FYLD vs. IHDG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FYLD

FYLD Risk / Return Rank: 93
FYLD Sharpe Ratio Rank: 93
FYLD Sortino Ratio Rank: 93
FYLD Omega Ratio Rank: 92
FYLD Calmar Ratio Rank: 94
FYLD Martin Ratio Rank: 93

IHDG

IHDG Risk / Return Rank: 31
IHDG Sharpe Ratio Rank: 30
IHDG Sortino Ratio Rank: 31
IHDG Omega Ratio Rank: 31
IHDG Calmar Ratio Rank: 30
IHDG Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FYLD vs. IHDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Foreign Shareholder Yield ETF (FYLD) and WisdomTree International Hedged Dividend Growth Fund (IHDG). 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.

	FYLD	IHDG	Difference
Sharpe ratio: Return per unit of total volatility	3.48	1.15	+2.33
Sortino ratio: Return per unit of downside risk	4.75	1.70	+3.06
Omega ratio: Gain probability vs. loss probability	1.62	1.21	+0.41
Calmar ratio: Return relative to maximum drawdown	7.35	1.49	+5.86
Martin ratio: Return relative to average drawdown	26.30	5.49	+20.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FYLD vs. IHDG - Sharpe Ratio Comparison

The current FYLD Sharpe Ratio is 3.48, which is higher than the IHDG Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of FYLD and IHDG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FYLD	IHDG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.48	1.15	+2.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.52	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.64	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.59	-0.14

Drawdowns

FYLD vs. IHDG - Drawdown Comparison

The maximum FYLD drawdown since its inception was -44.55%, which is greater than IHDG's maximum drawdown of -29.24%. Use the drawdown chart below to compare losses from any high point for FYLD and IHDG.

Drawdown Indicators

	FYLD	IHDG	Difference
Max Drawdown Largest peak-to-trough decline	-44.55%	-29.24%	-15.31%
Max Drawdown (1Y) Largest decline over 1 year	-5.44%	-10.49%	+5.05%
Max Drawdown (3Y) Largest decline over 3 years	-15.15%	-18.88%	+3.73%
Max Drawdown (5Y) Largest decline over 5 years	-25.12%	-19.52%	-5.60%
Max Drawdown (10Y) Largest decline over 10 years	-44.55%	-29.24%	-15.31%
Current Drawdown Current decline from peak	-1.54%	-1.36%	-0.18%
Average Drawdown Average peak-to-trough decline	-8.83%	-4.04%	-4.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	2.84%	-1.32%

Volatility

FYLD vs. IHDG - Volatility Comparison

The current volatility for Cambria Foreign Shareholder Yield ETF (FYLD) is 3.00%, while WisdomTree International Hedged Dividend Growth Fund (IHDG) has a volatility of 4.57%. This indicates that FYLD experiences smaller price fluctuations and is considered to be less risky than IHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FYLD	IHDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	4.57%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	8.78%	11.16%	-2.38%
Volatility (1Y) Calculated over the trailing 1-year period	11.50%	13.55%	-2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	14.82%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	15.76%	+2.27%

FYLD vs. IHDG - Expense Ratio Comparison

FYLD has a 0.59% expense ratio, which is higher than IHDG's 0.58% expense ratio.

Dividends

FYLD vs. IHDG - Dividend Comparison

FYLD's dividend yield for the trailing twelve months is around 3.65%, more than IHDG's 1.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FYLD Cambria Foreign Shareholder Yield ETF	3.65%	4.07%	5.41%	6.06%	6.13%	4.74%	3.94%	3.73%	5.17%	2.85%	2.72%	3.98%
IHDG WisdomTree International Hedged Dividend Growth Fund	1.82%	1.84%	2.42%	1.70%	13.79%	2.77%	1.94%	1.99%	0.22%	1.28%	1.91%	3.04%

Frequently Asked Questions

Can I hold both FYLD and IHDG in my portfolio?

FYLD and IHDG have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FYLD or IHDG?

IHDG has higher volatility (4.57%) compared to FYLD (3.00%). In terms of maximum drawdown, FYLD dropped -44.55% vs IHDG's -29.24%.

Which ETF is better, FYLD or IHDG?

On 10-year performance, FYLD leads with 11.35% vs 10.09% for IHDG. On fees, IHDG is cheaper at 0.58% per year. On volatility, FYLD has been the lower-risk option at 3.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FYLD or IHDG?

Over the 10-year period, FYLD has performed better with a 11.35% return vs 10.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FYLD or IHDG?

IHDG is cheaper with a 0.58% expense ratio, compared with 0.59% for FYLD.

Which ETF pays a higher dividend yield, FYLD or IHDG?

FYLD has the higher dividend yield at 3.65%, compared with 1.82% for IHDG.

What is the main difference between FYLD and IHDG?

FYLD is categorized as Global Equities, while IHDG is Foreign Large Cap Equities. They also come from different issuers: Cambria and WisdomTree. Their fees differ too: 0.59% for FYLD and 0.58% for IHDG.

Which has better risk-adjusted returns?

FYLD currently has the higher Sharpe Ratio (3.48 vs 1.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.