HFND vs. VEU
Compare and contrast key facts about Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and Vanguard FTSE All-World ex-US ETF (VEU).
HFND and VEU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HFND is an actively managed fund by Tidal ETFs. It was launched on Oct 10, 2022. VEU is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US Index. It was launched on Mar 2, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFND or VEU.
Key characteristics
| HFND | VEU | |
|---|---|---|
| YTD Return | 9.68% | 7.13% |
| 1Y Return | 14.62% | 16.99% |
| Sharpe Ratio | 1.76 | 1.34 |
| Sortino Ratio | 2.42 | 1.92 |
| Omega Ratio | 1.32 | 1.24 |
| Calmar Ratio | 2.70 | 1.28 |
| Martin Ratio | 9.58 | 7.68 |
| Ulcer Index | 1.53% | 2.25% |
| Daily Std Dev | 8.32% | 12.87% |
| Max Drawdown | -6.96% | -61.52% |
| Current Drawdown | 0.00% | -7.02% |
Correlation
The correlation between HFND and VEU is 0.77, 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
HFND vs. VEU - Performance Comparison
In the year-to-date period, HFND achieves a 9.68% return, which is significantly higher than VEU's 7.13% 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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HFND vs. VEU - Expense Ratio Comparison
HFND has a 1.22% expense ratio, which is higher than VEU's 0.07% expense ratio.
Risk-Adjusted Performance
HFND vs. VEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and Vanguard FTSE All-World ex-US ETF (VEU). 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
HFND vs. VEU - Dividend Comparison
HFND's dividend yield for the trailing twelve months is around 1.29%, less than VEU's 2.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFND Unlimited HFND Multi-Strategy Return Tracker ETF | 1.29% | 1.41% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEU Vanguard FTSE All-World ex-US ETF | 2.98% | 3.32% | 3.12% | 3.07% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% | 3.52% | 2.66% |
Drawdowns
HFND vs. VEU - Drawdown Comparison
The maximum HFND drawdown since its inception was -6.96%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for HFND and VEU. For additional features, visit the drawdowns tool.
Volatility
HFND vs. VEU - Volatility Comparison
The current volatility for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is 2.70%, while Vanguard FTSE All-World ex-US ETF (VEU) has a volatility of 4.17%. This indicates that HFND experiences smaller price fluctuations and is considered to be less risky than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.