HDMV vs. EFAV
Compare and contrast key facts about First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and iShares Edge MSCI Min Vol EAFE ETF (EFAV).
HDMV and EFAV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDMV is an actively managed fund by First Trust. It was launched on Aug 24, 2016. EFAV is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Minimum Volatility Index. It was launched on Oct 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDMV or EFAV.
Correlation
The correlation between HDMV and EFAV is 0.67, 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
HDMV vs. EFAV - Performance Comparison
Key characteristics
HDMV:
1.84
EFAV:
1.78
HDMV:
2.41
EFAV:
2.42
HDMV:
1.36
EFAV:
1.34
HDMV:
2.31
EFAV:
2.48
HDMV:
5.74
EFAV:
6.16
HDMV:
4.16%
EFAV:
3.49%
HDMV:
13.05%
EFAV:
12.09%
HDMV:
-32.01%
EFAV:
-27.56%
HDMV:
0.00%
EFAV:
0.00%
Returns By Period
In the year-to-date period, HDMV achieves a 19.18% return, which is significantly higher than EFAV's 15.66% return.
HDMV
19.18%
6.08%
12.46%
23.88%
7.63%
N/A
EFAV
15.66%
4.47%
10.69%
21.63%
7.24%
4.81%
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HDMV vs. EFAV - Expense Ratio Comparison
HDMV has a 0.80% expense ratio, which is higher than EFAV's 0.20% expense ratio.
Risk-Adjusted Performance
HDMV vs. EFAV — Risk-Adjusted Performance Rank
HDMV
EFAV
HDMV vs. EFAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and iShares Edge MSCI Min Vol EAFE ETF (EFAV). 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
HDMV vs. EFAV - Dividend Comparison
HDMV's dividend yield for the trailing twelve months is around 2.65%, less than EFAV's 2.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 2.65% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.64% | 2.88% | 3.23% | 0.18% | 0.00% | 0.00% |
EFAV iShares Edge MSCI Min Vol EAFE ETF | 2.80% | 3.24% | 3.07% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% | 3.57% |
Drawdowns
HDMV vs. EFAV - Drawdown Comparison
The maximum HDMV drawdown since its inception was -32.01%, which is greater than EFAV's maximum drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for HDMV and EFAV. For additional features, visit the drawdowns tool.
Volatility
HDMV vs. EFAV - Volatility Comparison
First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) has a higher volatility of 8.42% compared to iShares Edge MSCI Min Vol EAFE ETF (EFAV) at 7.37%. This indicates that HDMV's price experiences larger fluctuations and is considered to be riskier than EFAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.