HAWX vs. DFAIX
Compare and contrast key facts about iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) and DFA Short-Duration Real Return Portfolio (DFAIX).
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. DFAIX is managed by Dimensional Fund Advisors LP. It was launched on Nov 5, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAWX or DFAIX.
Correlation
The correlation between HAWX and DFAIX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HAWX vs. DFAIX - Performance Comparison
Key characteristics
HAWX:
1.47
DFAIX:
0.51
HAWX:
1.99
DFAIX:
0.53
HAWX:
1.27
DFAIX:
1.42
HAWX:
1.73
DFAIX:
0.52
HAWX:
7.93
DFAIX:
4.11
HAWX:
2.01%
DFAIX:
0.50%
HAWX:
10.81%
DFAIX:
4.06%
HAWX:
-30.64%
DFAIX:
-5.63%
HAWX:
-2.88%
DFAIX:
-3.95%
Returns By Period
In the year-to-date period, HAWX achieves a 14.04% return, which is significantly higher than DFAIX's 1.95% return.
HAWX
14.04%
0.14%
2.75%
14.88%
8.05%
N/A
DFAIX
1.95%
-3.68%
-1.23%
2.05%
2.58%
2.43%
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HAWX vs. DFAIX - Expense Ratio Comparison
HAWX has a 0.35% expense ratio, which is higher than DFAIX's 0.22% expense ratio.
Risk-Adjusted Performance
HAWX vs. DFAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) and DFA Short-Duration Real Return Portfolio (DFAIX). 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
HAWX vs. DFAIX - Dividend Comparison
HAWX's dividend yield for the trailing twelve months is around 2.76%, while DFAIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF | 2.76% | 2.95% | 16.94% | 2.63% | 2.00% | 3.22% | 2.51% | 2.40% | 2.49% | 3.86% | 0.00% | 0.00% |
DFAIX DFA Short-Duration Real Return Portfolio | 0.00% | 3.66% | 1.68% | 0.99% | 0.81% | 2.53% | 2.72% | 1.70% | 1.41% | 1.28% | 0.87% | 0.20% |
Drawdowns
HAWX vs. DFAIX - Drawdown Comparison
The maximum HAWX drawdown since its inception was -30.64%, which is greater than DFAIX's maximum drawdown of -5.63%. Use the drawdown chart below to compare losses from any high point for HAWX and DFAIX. For additional features, visit the drawdowns tool.
Volatility
HAWX vs. DFAIX - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is 2.39%, while DFA Short-Duration Real Return Portfolio (DFAIX) has a volatility of 4.05%. This indicates that HAWX experiences smaller price fluctuations and is considered to be less risky than DFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.