Correlation
The correlation between IAFEX and EWA 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.
IAFEX vs. EWA
Compare and contrast key facts about Fisher Investments Institutional Group All Foreign Equity Environmental and Social Values Fund (IAFEX) and iShares MSCI-Australia ETF (EWA).
IAFEX is managed by Fisher Investments. It was launched on Jul 16, 2020. EWA is a passively managed fund by iShares that tracks the performance of the MSCI Australia Index. It was launched on Mar 18, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IAFEX or EWA.
Performance
IAFEX vs. EWA - Performance Comparison
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Key characteristics
IAFEX:
0.56
EWA:
0.44
IAFEX:
0.72
EWA:
0.72
IAFEX:
1.10
EWA:
1.10
IAFEX:
0.48
EWA:
0.40
IAFEX:
1.58
EWA:
1.26
IAFEX:
5.09%
EWA:
6.87%
IAFEX:
17.45%
EWA:
21.60%
IAFEX:
-39.29%
EWA:
-66.98%
IAFEX:
-0.73%
EWA:
-3.19%
Returns By Period
In the year-to-date period, IAFEX achieves a 14.96% return, which is significantly higher than EWA's 8.17% return.
IAFEX
14.96%
5.80%
12.12%
9.56%
10.20%
N/A
N/A
EWA
8.17%
4.71%
-0.70%
8.53%
5.79%
11.72%
5.88%
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IAFEX vs. EWA - Expense Ratio Comparison
IAFEX has a 0.68% expense ratio, which is higher than EWA's 0.50% expense ratio.
Risk-Adjusted Performance
IAFEX vs. EWA — Risk-Adjusted Performance Rank
IAFEX
EWA
IAFEX vs. EWA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fisher Investments Institutional Group All Foreign Equity Environmental and Social Values Fund (IAFEX) and iShares MSCI-Australia ETF (EWA). 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.
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Dividends
IAFEX vs. EWA - Dividend Comparison
IAFEX's dividend yield for the trailing twelve months is around 1.49%, less than EWA's 3.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAFEX Fisher Investments Institutional Group All Foreign Equity Environmental and Social Values Fund | 1.49% | 1.71% | 1.58% | 1.69% | 3.42% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWA iShares MSCI-Australia ETF | 3.43% | 3.71% | 3.72% | 5.28% | 5.08% | 2.02% | 3.97% | 6.11% | 4.44% | 4.03% | 5.48% | 4.92% |
Drawdowns
IAFEX vs. EWA - Drawdown Comparison
The maximum IAFEX drawdown since its inception was -39.29%, smaller than the maximum EWA drawdown of -66.98%. Use the drawdown chart below to compare losses from any high point for IAFEX and EWA.
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Volatility
IAFEX vs. EWA - Volatility Comparison
The current volatility for Fisher Investments Institutional Group All Foreign Equity Environmental and Social Values Fund (IAFEX) is 3.47%, while iShares MSCI-Australia ETF (EWA) has a volatility of 4.38%. This indicates that IAFEX experiences smaller price fluctuations and is considered to be less risky than EWA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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