IHDG vs. IDEV

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree International Hedged Dividend Growth Fund (IHDG) and iShares Core MSCI International Developed Markets ETF (IDEV).

IHDG and IDEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHDG is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International Hedged Dividend Growth Index. It was launched on May 7, 2014. IDEV is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Investable Market Index. It was launched on Mar 21, 2017. Both IHDG and IDEV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IHDG vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Hedged Dividend Growth Fund (IHDG) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

IHDG vs. IDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHDG WisdomTree International Hedged Dividend Growth Fund	-0.97%	14.17%	5.97%	20.00%	-11.53%	19.75%	10.51%	33.42%	-12.03%	13.36%
IDEV iShares Core MSCI International Developed Markets ETF	1.32%	32.56%	4.54%	17.36%	-14.99%	13.00%	8.32%	23.12%	-14.10%	17.29%

Returns By Period

In the year-to-date period, IHDG achieves a -0.97% return, which is significantly lower than IDEV's 1.32% return.

IHDG

• 1D: 2.29%
• 1M: -6.77%
• YTD: -0.97%
• 6M: 4.74%
• 1Y: 13.25%
• 3Y*: 8.97%
• 5Y*: 7.41%
• 10Y*: 9.75%

IDEV

• 1D: 3.16%
• 1M: -7.78%
• YTD: 1.32%
• 6M: 6.19%
• 1Y: 25.70%
• 3Y*: 15.12%
• 5Y*: 8.28%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IHDG vs. IDEV - Expense Ratio Comparison

IHDG has a 0.58% expense ratio, which is higher than IDEV's 0.05% expense ratio.

IHDG

WisdomTree International Hedged Dividend Growth Fund

IDEV

iShares Core MSCI International Developed Markets ETF

Return for Risk

IHDG vs. IDEV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IHDG

IHDG Risk / Return Rank: 45
IHDG Sharpe Ratio Rank: 44
IHDG Sortino Ratio Rank: 46
IHDG Omega Ratio Rank: 46
IHDG Calmar Ratio Rank: 45
IHDG Martin Ratio Rank: 46

IDEV

IDEV Risk / Return Rank: 83
IDEV Sharpe Ratio Rank: 82
IDEV Sortino Ratio Rank: 83
IDEV Omega Ratio Rank: 83
IDEV Calmar Ratio Rank: 82
IDEV Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IHDG vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Hedged Dividend Growth Fund (IHDG) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.

	IHDG	IDEV	Difference
Sharpe ratio Return per unit of total volatility	0.77	1.51	-0.74
Sortino ratio Return per unit of downside risk	1.19	2.11	-0.92
Omega ratio Gain probability vs. loss probability	1.17	1.31	-0.14
Calmar ratio Return relative to maximum drawdown	1.08	2.21	-1.13
Martin ratio Return relative to average drawdown	4.15	8.73	-4.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHDG vs. IDEV - Sharpe Ratio Comparison

The current IHDG Sharpe Ratio is 0.77, which is lower than the IDEV Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of IHDG and IDEV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IHDG	IDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	1.51	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.52	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.51	+0.06

Correlation

The correlation between IHDG and IDEV is 0.83, 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.

Dividends

IHDG vs. IDEV - Dividend Comparison

IHDG's dividend yield for the trailing twelve months is around 1.94%, less than IDEV's 3.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHDG WisdomTree International Hedged Dividend Growth Fund	1.94%	1.84%	2.42%	1.70%	13.79%	2.77%	1.94%	1.99%	0.22%	1.28%	1.91%	3.04%
IDEV iShares Core MSCI International Developed Markets ETF	3.36%	3.40%	3.30%	3.07%	2.69%	3.05%	2.00%	3.18%	3.16%	1.54%	0.00%	0.00%

Drawdowns

IHDG vs. IDEV - Drawdown Comparison

The maximum IHDG drawdown since its inception was -29.24%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for IHDG and IDEV.

Drawdown Indicators

	IHDG	IDEV	Difference
Max Drawdown Largest peak-to-trough decline	-29.24%	-34.77%	+5.53%
Max Drawdown (1Y) Largest decline over 1 year	-11.38%	-11.20%	-0.18%
Max Drawdown (5Y) Largest decline over 5 years	-19.52%	-29.15%	+9.63%
Max Drawdown (10Y) Largest decline over 10 years	-29.24%	—	—
Current Drawdown Current decline from peak	-7.26%	-7.89%	+0.63%
Average Drawdown Average peak-to-trough decline	-4.05%	-6.64%	+2.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.83%	+0.12%

Volatility

IHDG vs. IDEV - Volatility Comparison

The current volatility for WisdomTree International Hedged Dividend Growth Fund (IHDG) is 6.19%, while iShares Core MSCI International Developed Markets ETF (IDEV) has a volatility of 7.65%. This indicates that IHDG experiences smaller price fluctuations and is considered to be less risky than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHDG	IDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.19%	7.65%	-1.46%
Volatility (6M) Calculated over the trailing 6-month period	10.04%	10.90%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	17.28%	17.11%	+0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.61%	16.12%	-1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	17.26%	-1.57%