IDHQ vs. VEA
Compare and contrast key facts about Invesco S&P International Developed High Quality ETF (IDHQ) and Vanguard FTSE Developed Markets ETF (VEA).
IDHQ and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDHQ is a passively managed fund by Invesco that tracks the performance of the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index. It was launched on Jun 13, 2007. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both IDHQ and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDHQ or VEA.
Performance
IDHQ vs. VEA - Performance Comparison
Returns By Period
In the year-to-date period, IDHQ achieves a 2.58% return, which is significantly lower than VEA's 4.47% return. Over the past 10 years, IDHQ has outperformed VEA with an annualized return of 6.60%, while VEA has yielded a comparatively lower 5.25% annualized return.
IDHQ
2.58%
-6.67%
-5.07%
7.83%
5.54%
6.60%
VEA
4.47%
-4.06%
-1.59%
11.38%
5.86%
5.25%
Key characteristics
| IDHQ | VEA | |
|---|---|---|
| Sharpe Ratio | 0.60 | 0.86 |
| Sortino Ratio | 0.93 | 1.25 |
| Omega Ratio | 1.11 | 1.15 |
| Calmar Ratio | 0.72 | 1.25 |
| Martin Ratio | 2.67 | 4.05 |
| Ulcer Index | 3.07% | 2.70% |
| Daily Std Dev | 13.64% | 12.79% |
| Max Drawdown | -73.84% | -60.70% |
| Current Drawdown | -10.33% | -7.78% |
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IDHQ vs. VEA - Expense Ratio Comparison
IDHQ has a 0.29% expense ratio, which is higher than VEA's 0.05% expense ratio.
Correlation
The correlation between IDHQ and VEA is 0.81, 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.
Risk-Adjusted Performance
IDHQ vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed High Quality ETF (IDHQ) and Vanguard FTSE Developed Markets ETF (VEA). 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
IDHQ vs. VEA - Dividend Comparison
IDHQ's dividend yield for the trailing twelve months is around 2.18%, less than VEA's 3.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDHQ Invesco S&P International Developed High Quality ETF | 2.18% | 2.52% | 3.32% | 2.10% | 1.60% | 2.10% | 2.67% | 1.68% | 2.36% | 1.71% | 1.75% | 1.70% |
VEA Vanguard FTSE Developed Markets ETF | 3.06% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
IDHQ vs. VEA - Drawdown Comparison
The maximum IDHQ drawdown since its inception was -73.84%, which is greater than VEA's maximum drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for IDHQ and VEA. For additional features, visit the drawdowns tool.
Volatility
IDHQ vs. VEA - Volatility Comparison
Invesco S&P International Developed High Quality ETF (IDHQ) has a higher volatility of 4.63% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.61%. This indicates that IDHQ's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.