IXC vs. HSCZ
Compare and contrast key facts about iShares Global Energy ETF (IXC) and iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ).
IXC and HSCZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXC is a passively managed fund by iShares that tracks the performance of the S&P Global Energy Sector Index. It was launched on Nov 16, 2001. HSCZ is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Small-Cap 100% Hedged to USD Index. It was launched on Jun 29, 2015. Both IXC and HSCZ 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: IXC or HSCZ.
Key characteristics
| IXC | HSCZ | |
|---|---|---|
| YTD Return | 8.50% | 10.83% |
| 1Y Return | 9.53% | 19.14% |
| 3Y Return (Ann) | 17.98% | 4.12% |
| 5Y Return (Ann) | 11.11% | 8.46% |
| Sharpe Ratio | 0.65 | 1.63 |
| Sortino Ratio | 0.96 | 2.19 |
| Omega Ratio | 1.12 | 1.30 |
| Calmar Ratio | 0.94 | 1.94 |
| Martin Ratio | 2.22 | 9.64 |
| Ulcer Index | 4.71% | 1.98% |
| Daily Std Dev | 16.20% | 11.74% |
| Max Drawdown | -67.88% | -34.89% |
| Current Drawdown | -5.19% | -2.67% |
Correlation
The correlation between IXC and HSCZ is 0.48, 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
IXC vs. HSCZ - Performance Comparison
In the year-to-date period, IXC achieves a 8.50% return, which is significantly lower than HSCZ's 10.83% 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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IXC vs. HSCZ - Expense Ratio Comparison
IXC has a 0.46% expense ratio, which is higher than HSCZ's 0.43% expense ratio.
Risk-Adjusted Performance
IXC vs. HSCZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Energy ETF (IXC) and iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ). 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
IXC vs. HSCZ - Dividend Comparison
IXC's dividend yield for the trailing twelve months is around 3.69%, more than HSCZ's 2.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXC iShares Global Energy ETF | 3.69% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% | 3.02% | 2.48% |
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 2.56% | 2.98% | 26.91% | 2.90% | 1.46% | 4.51% | 6.15% | 2.52% | 2.57% | 1.75% | 0.00% | 0.00% |
Drawdowns
IXC vs. HSCZ - Drawdown Comparison
The maximum IXC drawdown since its inception was -67.88%, which is greater than HSCZ's maximum drawdown of -34.89%. Use the drawdown chart below to compare losses from any high point for IXC and HSCZ. For additional features, visit the drawdowns tool.
Volatility
IXC vs. HSCZ - Volatility Comparison
iShares Global Energy ETF (IXC) has a higher volatility of 4.85% compared to iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) at 2.74%. This indicates that IXC's price experiences larger fluctuations and is considered to be riskier than HSCZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.