HSCZ vs. DEMSX
Compare and contrast key facts about iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) and DFA Emerging Markets Small Cap Portfolio (DEMSX).
HSCZ is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Small-Cap 100% Hedged to USD Index. It was launched on Jun 29, 2015. DEMSX is managed by Dimensional Fund Advisors LP. It was launched on Mar 4, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSCZ or DEMSX.
Performance
HSCZ vs. DEMSX - Performance Comparison
Returns By Period
In the year-to-date period, HSCZ achieves a 10.52% return, which is significantly higher than DEMSX's 3.74% return.
HSCZ
10.52%
-2.28%
0.20%
17.03%
8.22%
N/A
DEMSX
3.74%
-5.45%
-3.02%
8.91%
7.19%
5.38%
Key characteristics
| HSCZ | DEMSX | |
|---|---|---|
| Sharpe Ratio | 1.38 | 0.81 |
| Sortino Ratio | 1.86 | 1.11 |
| Omega Ratio | 1.25 | 1.15 |
| Calmar Ratio | 1.63 | 0.99 |
| Martin Ratio | 7.99 | 3.53 |
| Ulcer Index | 2.00% | 2.62% |
| Daily Std Dev | 11.57% | 11.48% |
| Max Drawdown | -34.89% | -66.70% |
| Current Drawdown | -2.94% | -8.79% |
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HSCZ vs. DEMSX - Expense Ratio Comparison
HSCZ has a 0.43% expense ratio, which is lower than DEMSX's 0.59% expense ratio.
Correlation
The correlation between HSCZ and DEMSX is 0.57, 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.
Risk-Adjusted Performance
HSCZ vs. DEMSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) and DFA Emerging Markets Small Cap Portfolio (DEMSX). 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
HSCZ vs. DEMSX - Dividend Comparison
HSCZ's dividend yield for the trailing twelve months is around 2.56%, less than DEMSX's 3.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 2.56% | 2.98% | 26.91% | 2.90% | 1.46% | 4.51% | 6.15% | 2.52% | 2.57% | 1.75% | 0.00% | 0.00% |
DEMSX DFA Emerging Markets Small Cap Portfolio | 3.27% | 2.94% | 2.45% | 3.36% | 2.25% | 2.48% | 2.16% | 2.50% | 2.59% | 2.44% | 2.15% | 2.17% |
Drawdowns
HSCZ vs. DEMSX - Drawdown Comparison
The maximum HSCZ drawdown since its inception was -34.89%, smaller than the maximum DEMSX drawdown of -66.70%. Use the drawdown chart below to compare losses from any high point for HSCZ and DEMSX. For additional features, visit the drawdowns tool.
Volatility
HSCZ vs. DEMSX - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) is 2.65%, while DFA Emerging Markets Small Cap Portfolio (DEMSX) has a volatility of 3.34%. This indicates that HSCZ experiences smaller price fluctuations and is considered to be less risky than DEMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.