HSCZ vs. OSMAX
Compare and contrast key facts about iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) and Invesco International Small-Mid Company Fund (OSMAX).
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. OSMAX is managed by Invesco. It was launched on Nov 16, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSCZ or OSMAX.
Correlation
The correlation between HSCZ and OSMAX is 0.71, 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
HSCZ vs. OSMAX - Performance Comparison
Key characteristics
HSCZ:
0.45
OSMAX:
-0.27
HSCZ:
0.72
OSMAX:
-0.24
HSCZ:
1.10
OSMAX:
0.97
HSCZ:
0.56
OSMAX:
-0.10
HSCZ:
2.42
OSMAX:
-0.43
HSCZ:
2.95%
OSMAX:
11.11%
HSCZ:
15.74%
OSMAX:
17.86%
HSCZ:
-34.89%
OSMAX:
-81.37%
HSCZ:
-3.13%
OSMAX:
-39.51%
Returns By Period
In the year-to-date period, HSCZ achieves a 0.66% return, which is significantly lower than OSMAX's 6.30% return.
HSCZ
0.66%
-2.19%
2.68%
6.63%
12.95%
N/A
OSMAX
6.30%
1.17%
-7.49%
-3.59%
-0.86%
1.24%
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HSCZ vs. OSMAX - Expense Ratio Comparison
HSCZ has a 0.43% expense ratio, which is lower than OSMAX's 1.33% expense ratio.
Risk-Adjusted Performance
HSCZ vs. OSMAX — Risk-Adjusted Performance Rank
HSCZ
OSMAX
HSCZ vs. OSMAX - 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 Invesco International Small-Mid Company Fund (OSMAX). 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. OSMAX - Dividend Comparison
HSCZ's dividend yield for the trailing twelve months is around 3.24%, more than OSMAX's 1.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 3.24% | 3.26% | 2.98% | 26.91% | 2.90% | 1.46% | 4.51% | 6.15% | 2.52% | 2.57% | 1.75% | 0.00% |
OSMAX Invesco International Small-Mid Company Fund | 1.46% | 1.55% | 0.85% | 0.00% | 0.04% | 0.00% | 0.37% | 0.53% | 0.75% | 0.15% | 0.07% | 0.48% |
Drawdowns
HSCZ vs. OSMAX - Drawdown Comparison
The maximum HSCZ drawdown since its inception was -34.89%, smaller than the maximum OSMAX drawdown of -81.37%. Use the drawdown chart below to compare losses from any high point for HSCZ and OSMAX. For additional features, visit the drawdowns tool.
Volatility
HSCZ vs. OSMAX - Volatility Comparison
iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) has a higher volatility of 10.48% compared to Invesco International Small-Mid Company Fund (OSMAX) at 8.70%. This indicates that HSCZ's price experiences larger fluctuations and is considered to be riskier than OSMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.