HSCZ vs. OAKEX
Compare and contrast key facts about iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) and Oakmark International Small Cap Fund (OAKEX).
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. OAKEX is managed by Oakmark. It was launched on Oct 31, 1995.
Performance
HSCZ vs. OAKEX - Performance Comparison
Loading graphics...
HSCZ vs. OAKEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 1.96% | 25.74% | 12.89% | 17.03% | -11.46% | 17.75% | 6.40% | 27.89% | -13.99% | 24.52% |
OAKEX Oakmark International Small Cap Fund | -10.36% | 29.51% | -3.00% | 19.59% | -14.50% | 17.90% | 5.00% | 31.91% | -23.71% | 26.03% |
Returns By Period
In the year-to-date period, HSCZ achieves a 1.96% return, which is significantly higher than OAKEX's -10.36% return. Over the past 10 years, HSCZ has outperformed OAKEX with an annualized return of 11.13%, while OAKEX has yielded a comparatively lower 6.96% annualized return.
HSCZ
- 1D
- 2.14%
- 1M
- -6.61%
- YTD
- 1.96%
- 6M
- 7.54%
- 1Y
- 27.45%
- 3Y*
- 16.89%
- 5Y*
- 9.84%
- 10Y*
- 11.13%
OAKEX
- 1D
- -0.20%
- 1M
- -13.44%
- YTD
- -10.36%
- 6M
- -9.00%
- 1Y
- 7.26%
- 3Y*
- 8.12%
- 5Y*
- 4.01%
- 10Y*
- 6.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HSCZ vs. OAKEX - Expense Ratio Comparison
HSCZ has a 0.43% expense ratio, which is lower than OAKEX's 1.34% expense ratio.
Return for Risk
HSCZ vs. OAKEX — Risk / Return Rank
HSCZ
OAKEX
HSCZ vs. OAKEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) and Oakmark International Small Cap Fund (OAKEX). 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.
| HSCZ | OAKEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.92 | 0.31 | +1.61 |
Sortino ratioReturn per unit of downside risk | 2.62 | 0.53 | +2.10 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.07 | +0.34 |
Calmar ratioReturn relative to maximum drawdown | 2.61 | 0.26 | +2.35 |
Martin ratioReturn relative to average drawdown | 10.63 | 0.90 | +9.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HSCZ | OAKEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 0.31 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.23 | +0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.38 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.41 | +0.21 |
Correlation
The correlation between HSCZ and OAKEX is 0.69, 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.
Dividends
HSCZ vs. OAKEX - Dividend Comparison
HSCZ's dividend yield for the trailing twelve months is around 3.19%, less than OAKEX's 5.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 3.19% | 3.25% | 3.26% | 2.98% | 26.91% | 2.90% | 1.46% | 4.66% | 6.15% | 2.52% | 2.57% | 1.75% |
OAKEX Oakmark International Small Cap Fund | 5.85% | 5.24% | 6.38% | 1.83% | 1.89% | 0.61% | 1.87% | 0.21% | 8.93% | 3.64% | 3.09% | 5.06% |
Drawdowns
HSCZ vs. OAKEX - Drawdown Comparison
The maximum HSCZ drawdown since its inception was -34.89%, smaller than the maximum OAKEX drawdown of -70.12%. Use the drawdown chart below to compare losses from any high point for HSCZ and OAKEX.
Loading graphics...
Drawdown Indicators
| HSCZ | OAKEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.89% | -70.12% | +35.23% |
Max Drawdown (1Y)Largest decline over 1 year | -9.88% | -17.18% | +7.30% |
Max Drawdown (5Y)Largest decline over 5 years | -20.11% | -38.40% | +18.29% |
Max Drawdown (10Y)Largest decline over 10 years | -34.89% | -49.61% | +14.72% |
Current DrawdownCurrent decline from peak | -6.61% | -14.97% | +8.36% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -13.53% | +8.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 5.00% | -2.56% |
Volatility
HSCZ vs. OAKEX - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) is 5.41%, while Oakmark International Small Cap Fund (OAKEX) has a volatility of 6.15%. This indicates that HSCZ experiences smaller price fluctuations and is considered to be less risky than OAKEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HSCZ | OAKEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 6.15% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 8.49% | 10.68% | -2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.44% | 16.51% | -2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.37% | 17.58% | -4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 18.59% | -2.94% |