IHDG vs. IGRO
Compare and contrast key facts about WisdomTree International Hedged Dividend Growth Fund (IHDG) and iShares International Dividend Growth ETF (IGRO).
IHDG and IGRO 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. IGRO is a passively managed fund by iShares that tracks the performance of the Morningstar Global ex-US Dividend Growth Index. It was launched on May 17, 2016. Both IHDG and IGRO 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: IHDG or IGRO.
Key characteristics
| IHDG | IGRO | |
|---|---|---|
| YTD Return | 6.93% | 2.02% |
| 1Y Return | 13.49% | 8.62% |
| 3Y Return (Ann) | 7.21% | 1.56% |
| 5Y Return (Ann) | 10.91% | 6.40% |
| Sharpe Ratio | 1.27 | 0.66 |
| Daily Std Dev | 10.19% | 11.64% |
| Max Drawdown | -29.24% | -36.25% |
| Current Drawdown | -2.83% | -2.97% |
Correlation
The correlation between IHDG and IGRO is 0.69, 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.
Performance
IHDG vs. IGRO - Performance Comparison
In the year-to-date period, IHDG achieves a 6.93% return, which is significantly higher than IGRO's 2.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IHDG vs. IGRO - Expense Ratio Comparison
IHDG has a 0.58% expense ratio, which is higher than IGRO's 0.22% expense ratio.
Risk-Adjusted Performance
IHDG vs. IGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Hedged Dividend Growth Fund (IHDG) and iShares International Dividend Growth ETF (IGRO). 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
IHDG vs. IGRO - Dividend Comparison
IHDG's dividend yield for the trailing twelve months is around 1.71%, less than IGRO's 2.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IHDG WisdomTree International Hedged Dividend Growth Fund | 1.71% | 1.70% | 13.79% | 2.77% | 1.94% | 1.99% | 0.22% | 1.28% | 1.91% | 3.04% | 3.86% |
IGRO iShares International Dividend Growth ETF | 2.83% | 2.79% | 2.69% | 2.27% | 2.41% | 2.64% | 2.97% | 2.43% | 1.18% | 0.00% | 0.00% |
Drawdowns
IHDG vs. IGRO - Drawdown Comparison
The maximum IHDG drawdown since its inception was -29.24%, smaller than the maximum IGRO drawdown of -36.25%. Use the drawdown chart below to compare losses from any high point for IHDG and IGRO. For additional features, visit the drawdowns tool.
Volatility
IHDG vs. IGRO - Volatility Comparison
The current volatility for WisdomTree International Hedged Dividend Growth Fund (IHDG) is 2.94%, while iShares International Dividend Growth ETF (IGRO) has a volatility of 3.28%. This indicates that IHDG experiences smaller price fluctuations and is considered to be less risky than IGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.