MFSI vs. IDHQ
MFSI (MFS Active International ETF) and IDHQ (Invesco S&P International Developed High Quality ETF) are both exchange-traded funds - MFSI is a Foreign Large Cap Equities fund actively managed by MFS, while IDHQ is a Quality Factor fund tracking the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index. MFSI is actively managed, while IDHQ is passively managed. Over the past year, MFSI returned 21.34% vs 42.41% for IDHQ. Their correlation of 0.88 means they have usually moved in the same direction. MFSI charges 0.59%/yr vs 0.29%/yr for IDHQ.
Performance
MFSI vs. IDHQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MFSI achieves a 9.83% return, which is significantly lower than IDHQ's 27.25% return.
MFSI
- 1D
- 0.12%
- 1M
- 2.90%
- 6M
- 6.44%
- YTD
- 9.83%
- 1Y
- 21.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.33%
IDHQ
- 1D
- 0.78%
- 1M
- 0.59%
- 6M
- 18.33%
- YTD
- 27.25%
- 1Y
- 42.41%
- 3Y*
- 20.69%
- 5Y*
- 9.61%
- 10Y*
- 10.76%
- ALL TIME*
- 5.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.00M | $6.33M | $5.63M | |
| $6.47M | $6.70M | $6.63M |
MFSI vs. IDHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MFSI MFS Active International ETF | 9.83% | 26.43% | -3.45% |
IDHQ Invesco S&P International Developed High Quality ETF | 27.25% | 27.46% | -5.23% |
Correlation
The correlation between MFSI and IDHQ is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.88 |
The correlation between MFSI and IDHQ has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MFSI vs. IDHQ — Risk / Return Rank
MFSI
IDHQ
MFSI vs. IDHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Active International ETF (MFSI) and Invesco S&P International Developed High Quality ETF (IDHQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MFSI | IDHQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 3.17 | -1.25 |
| Martin ratioReturn relative to average drawdown | 7.26 | 12.70 | -5.44 |
Loading charts...
Drawdowns
MFSI vs. IDHQ - Drawdown Comparison
The maximum MFSI drawdown since its inception was -13.67%, smaller than the maximum IDHQ drawdown of -73.84%. Use the drawdown chart below to compare losses from any high point for MFSI and IDHQ.
Loading charts...
Drawdown Indicators
| MFSI | IDHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.67% | -73.84% | +60.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.17% | -13.44% | +2.27% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.54% | — |
Current DrawdownCurrent decline from peak | -0.11% | -0.27% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -1.93% | -21.03% | +19.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 3.35% | -0.40% |
Volatility
MFSI vs. IDHQ - Volatility Comparison
MFS Active International ETF (MFSI) has a higher volatility of 4.33% compared to Invesco S&P International Developed High Quality ETF (IDHQ) at 4.02%. This indicates that MFSI's price experiences larger fluctuations and is considered to be riskier than IDHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MFSI | IDHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 4.02% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 18.89% | -5.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.28% | 20.72% | -5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.31% | 17.86% | -1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.31% | 17.98% | -1.67% |
MFSI vs. IDHQ - Expense Ratio Comparison
MFSI has a 0.59% expense ratio, which is higher than IDHQ's 0.29% expense ratio.
Dividends
MFSI vs. IDHQ - Dividend Comparison
MFSI's dividend yield for the trailing twelve months is around 0.75%, less than IDHQ's 1.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDHQ Invesco S&P International Developed High Quality ETF | 1.99% | 2.46% | 2.41% | 2.52% | 3.33% | 2.10% | 1.60% | 2.10% | 2.67% | 1.68% | 2.36% | 1.71% |
MFSI MFS Active International ETF | 0.75% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MFSI and IDHQ have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MFSI has higher volatility (4.33%) compared to IDHQ (4.02%). In terms of maximum drawdown, MFSI dropped -13.67% vs IDHQ's -73.84%.
On 1-year performance, IDHQ leads with 42.41% vs 21.34% for MFSI. On fees, IDHQ is cheaper at 0.29% per year. On volatility, IDHQ has been the lower-risk option at 4.02%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IDHQ has performed better with a 42.41% return vs 21.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDHQ is cheaper with a 0.29% expense ratio, compared with 0.59% for MFSI.
IDHQ has the higher dividend yield at 1.99%, compared with 0.75% for MFSI.
MFSI is categorized as Foreign Large Cap Equities, while IDHQ is Quality Factor. They also come from different issuers: MFS and Invesco. Their fees differ too: 0.59% for MFSI and 0.29% for IDHQ.
IDHQ currently has the higher Sharpe Ratio (2.06 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MFSI and IDHQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer