GSINX vs. HAWX
Compare and contrast key facts about Goldman Sachs GQG Partners International Opportunities Fund (GSINX) and iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX).
GSINX is managed by Goldman Sachs. It was launched on Dec 14, 2016. HAWX is a passively managed fund by iShares that tracks the performance of the MSCI ACWI ex USA 100% Hedged to USD. 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: GSINX or HAWX.
Performance
GSINX vs. HAWX - Performance Comparison
Returns By Period
In the year-to-date period, GSINX achieves a 9.32% return, which is significantly lower than HAWX's 13.77% return.
GSINX
9.32%
-5.85%
-5.60%
18.49%
9.85%
N/A
HAWX
13.77%
-1.98%
1.37%
18.39%
8.60%
N/A
Key characteristics
| GSINX | HAWX | |
|---|---|---|
| Sharpe Ratio | 1.41 | 1.69 |
| Sortino Ratio | 2.03 | 2.26 |
| Omega Ratio | 1.25 | 1.31 |
| Calmar Ratio | 1.98 | 1.97 |
| Martin Ratio | 6.54 | 9.38 |
| Ulcer Index | 2.82% | 1.92% |
| Daily Std Dev | 13.10% | 10.70% |
| Max Drawdown | -28.80% | -30.64% |
| Current Drawdown | -9.33% | -3.07% |
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GSINX vs. HAWX - Expense Ratio Comparison
GSINX has a 0.89% expense ratio, which is higher than HAWX's 0.35% expense ratio.
Correlation
The correlation between GSINX and HAWX is 0.80, 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
GSINX vs. HAWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs GQG Partners International Opportunities Fund (GSINX) and iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX). 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
GSINX vs. HAWX - Dividend Comparison
GSINX's dividend yield for the trailing twelve months is around 2.08%, less than HAWX's 2.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSINX Goldman Sachs GQG Partners International Opportunities Fund | 2.08% | 2.27% | 4.79% | 2.13% | 0.08% | 0.57% | 0.43% | 0.12% | 0.06% | 0.00% |
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF | 2.77% | 2.95% | 16.94% | 2.63% | 2.00% | 3.22% | 2.51% | 2.40% | 2.49% | 3.86% |
Drawdowns
GSINX vs. HAWX - Drawdown Comparison
The maximum GSINX drawdown since its inception was -28.80%, smaller than the maximum HAWX drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for GSINX and HAWX. For additional features, visit the drawdowns tool.
Volatility
GSINX vs. HAWX - Volatility Comparison
The current volatility for Goldman Sachs GQG Partners International Opportunities Fund (GSINX) is 2.47%, while iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) has a volatility of 2.96%. This indicates that GSINX experiences smaller price fluctuations and is considered to be less risky than HAWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.