IVFIX vs. SCZ
Compare and contrast key facts about Federated Hermes International Strategic Value Dividend Fund (IVFIX) and iShares MSCI EAFE Small-Cap ETF (SCZ).
IVFIX is managed by Federated. It was launched on Jun 3, 2008. SCZ is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Small Cap Index. It was launched on Dec 10, 2007.
Performance
IVFIX vs. SCZ - Performance Comparison
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IVFIX vs. SCZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVFIX Federated Hermes International Strategic Value Dividend Fund | 5.22% | 31.79% | 1.91% | 11.05% | -2.54% | 11.58% | -1.74% | 20.15% | -11.96% | 14.63% |
SCZ iShares MSCI EAFE Small-Cap ETF | 2.77% | 32.08% | 1.52% | 12.98% | -21.27% | 10.12% | 11.71% | 24.68% | -17.64% | 32.72% |
Returns By Period
In the year-to-date period, IVFIX achieves a 5.22% return, which is significantly higher than SCZ's 2.77% return. Over the past 10 years, IVFIX has underperformed SCZ with an annualized return of 7.06%, while SCZ has yielded a comparatively higher 7.86% annualized return.
IVFIX
- 1D
- 0.21%
- 1M
- -6.40%
- YTD
- 5.22%
- 6M
- 10.50%
- 1Y
- 23.17%
- 3Y*
- 13.89%
- 5Y*
- 10.28%
- 10Y*
- 7.06%
SCZ
- 1D
- 1.62%
- 1M
- -5.41%
- YTD
- 2.77%
- 6M
- 5.64%
- 1Y
- 29.74%
- 3Y*
- 13.90%
- 5Y*
- 4.79%
- 10Y*
- 7.86%
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IVFIX vs. SCZ - Expense Ratio Comparison
IVFIX has a 0.86% expense ratio, which is higher than SCZ's 0.40% expense ratio.
Return for Risk
IVFIX vs. SCZ — Risk / Return Rank
IVFIX
SCZ
IVFIX vs. SCZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Strategic Value Dividend Fund (IVFIX) and iShares MSCI EAFE Small-Cap ETF (SCZ). 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.
| IVFIX | SCZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.98 | 1.82 | +0.16 |
Sortino ratioReturn per unit of downside risk | 2.58 | 2.45 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.36 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 4.08 | 2.61 | +1.47 |
Martin ratioReturn relative to average drawdown | 17.43 | 10.13 | +7.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IVFIX | SCZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 1.82 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.29 | +0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.45 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.25 | -0.04 |
Correlation
The correlation between IVFIX and SCZ is 0.78, 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
IVFIX vs. SCZ - Dividend Comparison
IVFIX's dividend yield for the trailing twelve months is around 3.14%, less than SCZ's 3.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVFIX Federated Hermes International Strategic Value Dividend Fund | 3.14% | 3.37% | 4.44% | 4.01% | 3.99% | 3.67% | 3.62% | 3.98% | 4.97% | 4.17% | 3.38% | 3.95% |
SCZ iShares MSCI EAFE Small-Cap ETF | 3.21% | 3.30% | 3.50% | 2.96% | 1.99% | 2.96% | 1.52% | 3.52% | 2.79% | 2.38% | 2.82% | 2.06% |
Drawdowns
IVFIX vs. SCZ - Drawdown Comparison
The maximum IVFIX drawdown since its inception was -51.49%, smaller than the maximum SCZ drawdown of -61.86%. Use the drawdown chart below to compare losses from any high point for IVFIX and SCZ.
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Drawdown Indicators
| IVFIX | SCZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.49% | -61.86% | +10.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -11.43% | +2.96% |
Max Drawdown (5Y)Largest decline over 5 years | -21.29% | -36.87% | +15.58% |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | -41.07% | +7.61% |
Current DrawdownCurrent decline from peak | -6.58% | -7.05% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -11.69% | -13.16% | +1.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 2.94% | -0.96% |
Volatility
IVFIX vs. SCZ - Volatility Comparison
The current volatility for Federated Hermes International Strategic Value Dividend Fund (IVFIX) is 4.54%, while iShares MSCI EAFE Small-Cap ETF (SCZ) has a volatility of 7.02%. This indicates that IVFIX experiences smaller price fluctuations and is considered to be less risky than SCZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVFIX | SCZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | 7.02% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 8.10% | 10.82% | -2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.63% | 16.40% | -1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.96% | 16.62% | -3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.74% | 17.35% | -2.61% |