GICIX vs. HSCZ
Compare and contrast key facts about Goldman Sachs International Small Cap Insights Fund (GICIX) and iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ).
GICIX is managed by Goldman Sachs. It was launched on Sep 27, 2007. HSCZ is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Small-Cap 100% Hedged to USD Index. It was launched on Jun 29, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GICIX or HSCZ.
Key characteristics
| GICIX | HSCZ | |
|---|---|---|
| YTD Return | 8.13% | 12.36% |
| 1Y Return | 21.68% | 21.82% |
| 3Y Return (Ann) | -0.19% | 4.58% |
| 5Y Return (Ann) | 5.23% | 8.62% |
| Sharpe Ratio | 1.54 | 1.83 |
| Sortino Ratio | 2.16 | 2.44 |
| Omega Ratio | 1.27 | 1.34 |
| Calmar Ratio | 0.99 | 2.17 |
| Martin Ratio | 8.39 | 10.83 |
| Ulcer Index | 2.55% | 1.97% |
| Daily Std Dev | 13.89% | 11.65% |
| Max Drawdown | -61.70% | -34.89% |
| Current Drawdown | -6.80% | -1.33% |
Correlation
The correlation between GICIX and HSCZ 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
GICIX vs. HSCZ - Performance Comparison
In the year-to-date period, GICIX achieves a 8.13% return, which is significantly lower than HSCZ's 12.36% 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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GICIX vs. HSCZ - Expense Ratio Comparison
GICIX has a 0.87% expense ratio, which is higher than HSCZ's 0.43% expense ratio.
Risk-Adjusted Performance
GICIX vs. HSCZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs International Small Cap Insights Fund (GICIX) and iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ). 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
GICIX vs. HSCZ - Dividend Comparison
GICIX's dividend yield for the trailing twelve months is around 2.81%, more than HSCZ's 2.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GICIX Goldman Sachs International Small Cap Insights Fund | 2.81% | 3.04% | 3.10% | 3.39% | 1.87% | 3.47% | 1.69% | 1.77% | 2.79% | 1.68% | 2.10% | 3.25% |
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 2.52% | 2.98% | 26.91% | 2.90% | 1.46% | 4.51% | 6.15% | 2.52% | 2.57% | 1.75% | 0.00% | 0.00% |
Drawdowns
GICIX vs. HSCZ - Drawdown Comparison
The maximum GICIX drawdown since its inception was -61.70%, which is greater than HSCZ's maximum drawdown of -34.89%. Use the drawdown chart below to compare losses from any high point for GICIX and HSCZ. For additional features, visit the drawdowns tool.
Volatility
GICIX vs. HSCZ - Volatility Comparison
Goldman Sachs International Small Cap Insights Fund (GICIX) has a higher volatility of 2.67% compared to iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) at 2.35%. This indicates that GICIX's price experiences larger fluctuations and is considered to be riskier than HSCZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.