HFXI vs. IYW
Compare and contrast key facts about IQ 50 Percent Hedged FTSE International ETF (HFXI) and iShares U.S. Technology ETF (IYW).
HFXI and IYW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HFXI is a passively managed fund by New York Life that tracks the performance of the FTSE Developed ex North America 50% Hedged to USD Index. It was launched on Jul 22, 2015. IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000. Both HFXI and IYW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFXI or IYW.
Key characteristics
| HFXI | IYW | |
|---|---|---|
| YTD Return | 9.16% | 30.81% |
| 1Y Return | 17.85% | 41.90% |
| 3Y Return (Ann) | 4.91% | 12.49% |
| 5Y Return (Ann) | 7.93% | 24.50% |
| Sharpe Ratio | 1.62 | 2.14 |
| Sortino Ratio | 2.26 | 2.73 |
| Omega Ratio | 1.29 | 1.37 |
| Calmar Ratio | 2.07 | 2.83 |
| Martin Ratio | 8.88 | 9.79 |
| Ulcer Index | 2.09% | 4.65% |
| Daily Std Dev | 11.46% | 21.15% |
| Max Drawdown | -32.42% | -81.89% |
| Current Drawdown | -4.33% | -0.61% |
Correlation
The correlation between HFXI and IYW is 0.66, 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
HFXI vs. IYW - Performance Comparison
In the year-to-date period, HFXI achieves a 9.16% return, which is significantly lower than IYW's 30.81% 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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HFXI vs. IYW - Expense Ratio Comparison
HFXI has a 0.20% expense ratio, which is lower than IYW's 0.42% expense ratio.
Risk-Adjusted Performance
HFXI vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ 50 Percent Hedged FTSE International ETF (HFXI) and iShares U.S. Technology ETF (IYW). 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
HFXI vs. IYW - Dividend Comparison
HFXI's dividend yield for the trailing twelve months is around 2.37%, more than IYW's 0.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFXI IQ 50 Percent Hedged FTSE International ETF | 2.37% | 2.49% | 4.65% | 3.10% | 2.00% | 3.19% | 4.33% | 2.55% | 3.47% | 0.78% | 0.00% | 0.00% |
IYW iShares U.S. Technology ETF | 0.31% | 0.40% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% | 1.06% |
Drawdowns
HFXI vs. IYW - Drawdown Comparison
The maximum HFXI drawdown since its inception was -32.42%, smaller than the maximum IYW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for HFXI and IYW. For additional features, visit the drawdowns tool.
Volatility
HFXI vs. IYW - Volatility Comparison
The current volatility for IQ 50 Percent Hedged FTSE International ETF (HFXI) is 3.28%, while iShares U.S. Technology ETF (IYW) has a volatility of 6.30%. This indicates that HFXI experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.