IQIN vs. VEA
Compare and contrast key facts about IQ 500 International ETF (IQIN) and Vanguard FTSE Developed Markets ETF (VEA).
IQIN and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQIN is a passively managed fund by New York Life that tracks the performance of the IQ 500 International Index. It was launched on Dec 13, 2018. 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 IQIN 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: IQIN or VEA.
Correlation
The correlation between IQIN and VEA is 0.89, 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.
Performance
IQIN vs. VEA - Performance Comparison
Key characteristics
Returns By Period
IQIN
N/A
N/A
N/A
N/A
N/A
N/A
VEA
2.61%
-2.02%
-1.37%
3.45%
4.76%
5.25%
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IQIN vs. VEA - Expense Ratio Comparison
IQIN has a 0.25% expense ratio, which is higher than VEA's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IQIN vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ 500 International ETF (IQIN) 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
IQIN vs. VEA - Dividend Comparison
IQIN has not paid dividends to shareholders, while VEA's dividend yield for the trailing twelve months is around 3.37%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
IQ 500 International ETF | 4.24% | 3.91% | 3.54% | 3.64% | 2.26% | 2.37% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Vanguard FTSE Developed Markets ETF | 3.37% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
IQIN vs. VEA - Drawdown Comparison
Volatility
IQIN vs. VEA - Volatility Comparison
The current volatility for IQ 500 International ETF (IQIN) is 0.00%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 3.48%. This indicates that IQIN experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.