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HEFA vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HEFAVOO
YTD Return7.65%6.29%
1Y Return16.27%23.54%
3Y Return (Ann)9.87%8.12%
5Y Return (Ann)10.24%13.59%
10Y Return (Ann)9.03%12.55%
Sharpe Ratio1.712.05
Daily Std Dev9.75%11.71%
Max Drawdown-32.39%-33.99%
Current Drawdown-2.81%-3.86%

Correlation

-0.50.00.51.00.8

The correlation between HEFA and VOO is 0.79, 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

HEFA vs. VOO - Performance Comparison

In the year-to-date period, HEFA achieves a 7.65% return, which is significantly higher than VOO's 6.29% return. Over the past 10 years, HEFA has underperformed VOO with an annualized return of 9.03%, while VOO has yielded a comparatively higher 12.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
15.58%
17.95%
HEFA
VOO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Currency Hedged MSCI EAFE ETF

Vanguard S&P 500 ETF

HEFA vs. VOO - Expense Ratio Comparison

HEFA has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.

HEFA
iShares Currency Hedged MSCI EAFE ETF
0.50%1.00%1.50%2.00%0.35%
0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

HEFA vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI EAFE ETF (HEFA) and Vanguard S&P 500 ETF (VOO). 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.


HEFA
Sharpe ratio
The chart of Sharpe ratio for HEFA, currently valued at 1.71, compared to the broader market-1.000.001.002.003.004.005.001.71
Sortino ratio
The chart of Sortino ratio for HEFA, currently valued at 2.42, compared to the broader market-2.000.002.004.006.008.002.42
Omega ratio
The chart of Omega ratio for HEFA, currently valued at 1.30, compared to the broader market1.001.502.002.501.30
Calmar ratio
The chart of Calmar ratio for HEFA, currently valued at 2.45, compared to the broader market0.002.004.006.008.0010.0012.002.45
Martin ratio
The chart of Martin ratio for HEFA, currently valued at 8.49, compared to the broader market0.0020.0040.0060.0080.008.49
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.05, compared to the broader market-1.000.001.002.003.004.005.002.05
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 2.95, compared to the broader market-2.000.002.004.006.008.002.95
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.36, compared to the broader market1.001.502.002.501.36
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 1.75, compared to the broader market0.002.004.006.008.0010.0012.001.75
Martin ratio
The chart of Martin ratio for VOO, currently valued at 8.62, compared to the broader market0.0020.0040.0060.0080.008.62

HEFA vs. VOO - Sharpe Ratio Comparison

The current HEFA Sharpe Ratio is 1.71, which roughly equals the VOO Sharpe Ratio of 2.05. The chart below compares the 12-month rolling Sharpe Ratio of HEFA and VOO.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.71
2.05
HEFA
VOO

Dividends

HEFA vs. VOO - Dividend Comparison

HEFA's dividend yield for the trailing twelve months is around 2.80%, more than VOO's 1.39% yield.


TTM20232022202120202019201820172016201520142013
HEFA
iShares Currency Hedged MSCI EAFE ETF
2.80%3.02%25.14%3.06%2.10%5.37%4.59%2.55%3.17%3.54%3.39%0.00%
VOO
Vanguard S&P 500 ETF
1.39%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

HEFA vs. VOO - Drawdown Comparison

The maximum HEFA drawdown since its inception was -32.39%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HEFA and VOO. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2024FebruaryMarchApril
-2.81%
-3.86%
HEFA
VOO

Volatility

HEFA vs. VOO - Volatility Comparison

The current volatility for iShares Currency Hedged MSCI EAFE ETF (HEFA) is 2.46%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.44%. This indicates that HEFA experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
2.46%
3.44%
HEFA
VOO