HEZU vs. BCI
Compare and contrast key facts about iShares Currency Hedged MSCI Eurozone ETF (HEZU) and abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI).
HEZU and BCI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEZU is a passively managed fund by iShares that tracks the performance of the MSCI EMU 100% USD Hedged Index. It was launched on Jul 9, 2014. BCI is an actively managed fund by Abrdn Plc. It was launched on Mar 30, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HEZU or BCI.
Key characteristics
| HEZU | BCI | |
|---|---|---|
| YTD Return | 9.44% | 4.75% |
| 1Y Return | 19.26% | -1.05% |
| 3Y Return (Ann) | 6.33% | 2.02% |
| 5Y Return (Ann) | 9.08% | 6.47% |
| Sharpe Ratio | 1.60 | -0.08 |
| Sortino Ratio | 2.21 | -0.03 |
| Omega Ratio | 1.28 | 1.00 |
| Calmar Ratio | 2.01 | -0.04 |
| Martin Ratio | 7.37 | -0.18 |
| Ulcer Index | 2.63% | 5.71% |
| Daily Std Dev | 12.11% | 12.72% |
| Max Drawdown | -38.80% | -32.69% |
| Current Drawdown | -3.75% | -20.15% |
Correlation
The correlation between HEZU and BCI is 0.26, 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
HEZU vs. BCI - Performance Comparison
In the year-to-date period, HEZU achieves a 9.44% return, which is significantly higher than BCI's 4.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HEZU vs. BCI - Expense Ratio Comparison
HEZU has a 0.52% expense ratio, which is higher than BCI's 0.25% expense ratio.
Risk-Adjusted Performance
HEZU vs. BCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Eurozone ETF (HEZU) and abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI). 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
HEZU vs. BCI - Dividend Comparison
HEZU's dividend yield for the trailing twelve months is around 2.81%, less than BCI's 3.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HEZU iShares Currency Hedged MSCI Eurozone ETF | 2.81% | 2.52% | 23.26% | 2.25% | 2.32% | 5.40% | 3.48% | 1.92% | 3.11% | 2.68% | 1.15% |
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 3.75% | 3.93% | 19.98% | 19.43% | 0.68% | 1.47% | 1.13% | 5.02% | 0.00% | 0.00% | 0.00% |
Drawdowns
HEZU vs. BCI - Drawdown Comparison
The maximum HEZU drawdown since its inception was -38.80%, which is greater than BCI's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for HEZU and BCI. For additional features, visit the drawdowns tool.
Volatility
HEZU vs. BCI - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI Eurozone ETF (HEZU) is 3.64%, while abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) has a volatility of 3.84%. This indicates that HEZU experiences smaller price fluctuations and is considered to be less risky than BCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.