ICPY vs. DBAW
ICPY (Tweedy, Browne International Insider + Value ETF) and DBAW (Xtrackers MSCI All World ex US Hedged Equity ETF) are both Foreign Large Cap Equities funds. ICPY is actively managed, while DBAW is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. ICPY charges 0.80%/yr vs 0.41%/yr for DBAW.
Performance
ICPY vs. DBAW - Performance Comparison
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Returns By Period
In the year-to-date period, ICPY achieves a 12.60% return, which is significantly lower than DBAW's 16.25% return.
ICPY
- 1D
- -0.08%
- 1M
- -1.61%
- YTD
- 12.60%
- 6M
- 13.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBAW
- 1D
- -0.68%
- 1M
- 1.03%
- YTD
- 16.25%
- 6M
- 15.98%
- 1Y
- 33.82%
- 3Y*
- 21.19%
- 5Y*
- 11.17%
- 10Y*
- 11.85%
ICPY vs. DBAW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ICPY Tweedy, Browne International Insider + Value ETF | 12.60% | 13.79% |
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | 16.25% | 8.91% |
Correlation
The correlation between ICPY and DBAW is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025 | 0.78 |
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Return for Risk
ICPY vs. DBAW — Risk / Return Rank
ICPY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DBAW
ICPY vs. DBAW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tweedy, Browne International Insider + Value ETF (ICPY) and Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ICPY | DBAW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.47 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.78 | — |
| Martin ratioReturn relative to average drawdown | — | 15.22 | — |
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Drawdowns
ICPY vs. DBAW - Drawdown Comparison
The maximum ICPY drawdown since its inception was -8.86%, smaller than the maximum DBAW drawdown of -31.44%. Use the drawdown chart below to compare losses from any high point for ICPY and DBAW.
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Drawdown Indicators
| ICPY | DBAW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.86% | -31.44% | +22.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.00% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.11% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.44% | — |
Current DrawdownCurrent decline from peak | -2.71% | -2.61% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -1.57% | -4.98% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.23% | — |
Volatility
ICPY vs. DBAW - Volatility Comparison
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Volatility by Period
| ICPY | DBAW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.16% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.36% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 14.01% | +1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.09% | 13.97% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.09% | 15.21% | -0.12% |
ICPY vs. DBAW - Expense Ratio Comparison
ICPY has a 0.80% expense ratio, which is higher than DBAW's 0.41% expense ratio.
Dividends
ICPY vs. DBAW - Dividend Comparison
ICPY's dividend yield for the trailing twelve months is around 4.05%, more than DBAW's 1.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | 1.69% | 3.83% | 1.70% | 3.45% | 8.81% | 2.05% | 2.08% | 2.91% | 2.93% | 2.41% | 1.99% | 5.74% |
ICPY Tweedy, Browne International Insider + Value ETF | 4.05% | 4.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ICPY and DBAW have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBAW is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBAW is cheaper with a 0.41% expense ratio, compared with 0.80% for ICPY.
ICPY has the higher dividend yield at 4.05%, compared with 1.69% for DBAW.
They also come from different issuers: Tweedy, Browne and Deutsche Bank. Their fees differ too: 0.80% for ICPY and 0.41% for DBAW.
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