HAWX vs. GQGPX
Compare and contrast key facts about iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) and GQG Partners Emerging Markets Equity Fund (GQGPX).
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. GQGPX is managed by GQG Partners Inc. It was launched on Dec 27, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAWX or GQGPX.
Correlation
The correlation between HAWX and GQGPX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HAWX vs. GQGPX - Performance Comparison
Key characteristics
HAWX:
1.40
GQGPX:
0.34
HAWX:
1.90
GQGPX:
0.55
HAWX:
1.26
GQGPX:
1.08
HAWX:
1.65
GQGPX:
0.36
HAWX:
7.52
GQGPX:
1.09
HAWX:
2.01%
GQGPX:
5.11%
HAWX:
10.78%
GQGPX:
16.27%
HAWX:
-30.64%
GQGPX:
-34.66%
HAWX:
-2.67%
GQGPX:
-12.31%
Returns By Period
In the year-to-date period, HAWX achieves a 14.29% return, which is significantly higher than GQGPX's 5.40% return.
HAWX
14.29%
0.45%
2.58%
16.38%
8.09%
N/A
GQGPX
5.40%
-2.81%
-9.93%
7.79%
6.70%
N/A
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HAWX vs. GQGPX - Expense Ratio Comparison
HAWX has a 0.35% expense ratio, which is lower than GQGPX's 1.22% expense ratio.
Risk-Adjusted Performance
HAWX vs. GQGPX - 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 GQG Partners Emerging Markets Equity Fund (GQGPX). 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. GQGPX - Dividend Comparison
HAWX's dividend yield for the trailing twelve months is around 2.75%, more than GQGPX's 2.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF | 2.75% | 2.95% | 16.94% | 2.63% | 2.00% | 3.22% | 2.51% | 2.40% | 2.49% | 3.86% |
GQGPX GQG Partners Emerging Markets Equity Fund | 2.40% | 2.53% | 5.52% | 2.27% | 0.15% | 2.39% | 0.59% | 0.17% | 0.00% | 0.00% |
Drawdowns
HAWX vs. GQGPX - Drawdown Comparison
The maximum HAWX drawdown since its inception was -30.64%, smaller than the maximum GQGPX drawdown of -34.66%. Use the drawdown chart below to compare losses from any high point for HAWX and GQGPX. For additional features, visit the drawdowns tool.
Volatility
HAWX vs. GQGPX - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is 2.40%, while GQG Partners Emerging Markets Equity Fund (GQGPX) has a volatility of 8.92%. This indicates that HAWX experiences smaller price fluctuations and is considered to be less risky than GQGPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.