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HFXI vs. EQWL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HFXI vs. EQWL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ 50 Percent Hedged FTSE International ETF (HFXI) and Invesco S&P 100 Equal Weight ETF (EQWL). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-1.10%
14.16%
HFXI
EQWL

Returns By Period

In the year-to-date period, HFXI achieves a 7.82% return, which is significantly lower than EQWL's 22.30% return.


HFXI

YTD

7.82%

1M

-2.43%

6M

-1.10%

1Y

12.71%

5Y (annualized)

7.62%

10Y (annualized)

N/A

EQWL

YTD

22.30%

1M

1.85%

6M

14.16%

1Y

30.63%

5Y (annualized)

14.39%

10Y (annualized)

12.74%

Key characteristics


HFXIEQWL
Sharpe Ratio1.153.01
Sortino Ratio1.634.16
Omega Ratio1.201.56
Calmar Ratio1.455.84
Martin Ratio5.6220.12
Ulcer Index2.32%1.55%
Daily Std Dev11.38%10.38%
Max Drawdown-32.42%-49.36%
Current Drawdown-5.51%-1.12%

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HFXI vs. EQWL - Expense Ratio Comparison

HFXI has a 0.20% expense ratio, which is lower than EQWL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


EQWL
Invesco S&P 100 Equal Weight ETF
Expense ratio chart for EQWL: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for HFXI: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.8

The correlation between HFXI and EQWL is 0.75, 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.

Risk-Adjusted Performance

HFXI vs. EQWL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ 50 Percent Hedged FTSE International ETF (HFXI) and Invesco S&P 100 Equal Weight ETF (EQWL). 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.


Sharpe ratio
The chart of Sharpe ratio for HFXI, currently valued at 1.15, compared to the broader market0.002.004.001.153.01
The chart of Sortino ratio for HFXI, currently valued at 1.63, compared to the broader market-2.000.002.004.006.008.0010.0012.001.634.16
The chart of Omega ratio for HFXI, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.56
The chart of Calmar ratio for HFXI, currently valued at 1.45, compared to the broader market0.005.0010.0015.001.455.84
The chart of Martin ratio for HFXI, currently valued at 5.62, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.6220.12
HFXI
EQWL

The current HFXI Sharpe Ratio is 1.15, which is lower than the EQWL Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of HFXI and EQWL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
1.15
3.01
HFXI
EQWL

Dividends

HFXI vs. EQWL - Dividend Comparison

HFXI's dividend yield for the trailing twelve months is around 2.40%, more than EQWL's 1.78% yield.


TTM20232022202120202019201820172016201520142013
HFXI
IQ 50 Percent Hedged FTSE International ETF
2.40%2.49%4.65%3.10%2.00%3.19%4.33%2.55%3.47%0.78%0.00%0.00%
EQWL
Invesco S&P 100 Equal Weight ETF
1.78%1.97%2.12%1.65%2.01%2.04%2.23%1.27%2.01%2.03%1.74%1.61%

Drawdowns

HFXI vs. EQWL - Drawdown Comparison

The maximum HFXI drawdown since its inception was -32.42%, smaller than the maximum EQWL drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for HFXI and EQWL. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.51%
-1.12%
HFXI
EQWL

Volatility

HFXI vs. EQWL - Volatility Comparison

The current volatility for IQ 50 Percent Hedged FTSE International ETF (HFXI) is 3.06%, while Invesco S&P 100 Equal Weight ETF (EQWL) has a volatility of 3.65%. This indicates that HFXI experiences smaller price fluctuations and is considered to be less risky than EQWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.06%
3.65%
HFXI
EQWL