HSCZ vs. ^GSPC
Compare and contrast key facts about iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSCZ or ^GSPC.
Correlation
The correlation between HSCZ and ^GSPC 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. ^GSPC - Performance Comparison
Key characteristics
HSCZ:
1.11
^GSPC:
1.90
HSCZ:
1.52
^GSPC:
2.54
HSCZ:
1.21
^GSPC:
1.35
HSCZ:
1.31
^GSPC:
2.81
HSCZ:
6.22
^GSPC:
12.39
HSCZ:
2.07%
^GSPC:
1.93%
HSCZ:
11.59%
^GSPC:
12.58%
HSCZ:
-34.89%
^GSPC:
-56.78%
HSCZ:
-3.06%
^GSPC:
-3.58%
Returns By Period
In the year-to-date period, HSCZ achieves a 10.59% return, which is significantly lower than ^GSPC's 23.11% return.
HSCZ
10.59%
0.00%
1.91%
11.78%
7.55%
N/A
^GSPC
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
HSCZ vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
HSCZ vs. ^GSPC - Drawdown Comparison
The maximum HSCZ drawdown since its inception was -34.89%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HSCZ and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HSCZ vs. ^GSPC - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) is 2.67%, while S&P 500 (^GSPC) has a volatility of 3.64%. This indicates that HSCZ experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.