MSIF vs. HDV
MSIF (MSC Income Fund, Inc.) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past year, MSIF returned -17.28% vs 25.63% for HDV. Their 0.13 correlation means their historical movements had little consistent relationship.
Performance
MSIF vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, MSIF achieves a -11.42% return, which is significantly lower than HDV's 20.03% return.
MSIF
- 1D
- -0.27%
- 1M
- -2.86%
- 6M
- -12.09%
- YTD
- -11.42%
- 1Y
- -17.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -11.50%
HDV
- 1D
- 0.03%
- 1M
- 2.79%
- 6M
- 10.43%
- YTD
- 20.03%
- 1Y
- 25.63%
- 3Y*
- 15.43%
- 5Y*
- 12.05%
- 10Y*
- 9.66%
- ALL TIME*
- 10.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $196.84M | $160.55M | $106.56M | |
| $3.51M | $3.23M | $3.47M |
MSIF vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSIF MSC Income Fund, Inc. | -11.42% | -6.00% |
HDV iShares Core High Dividend ETF | 20.03% | 9.98% |
Correlation
The correlation between MSIF and HDV is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2025 | 0.13 |
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Return for Risk
MSIF vs. HDV — Risk / Return Rank
MSIF
HDV
MSIF vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MSC Income Fund, Inc. (MSIF) and iShares Core High Dividend ETF (HDV). 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.
| MSIF | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.12 | ||
| Sortino ratioReturn per unit of downside risk | -4.55 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.42 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 4.98 | -5.96 |
| Martin ratioReturn relative to average drawdown | -1.86 | 13.63 | -15.49 |
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Drawdowns
MSIF vs. HDV - Drawdown Comparison
The maximum MSIF drawdown since its inception was -31.84%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for MSIF and HDV.
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Drawdown Indicators
| MSIF | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.84% | -37.04% | +5.20% |
Max Drawdown (1Y)Largest decline over 1 year | -20.21% | -5.18% | -15.03% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.49% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -30.10% | -1.41% | -28.69% |
Average DrawdownAverage peak-to-trough decline | -17.61% | -3.06% | -14.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.28% | 1.89% | +10.39% |
Volatility
MSIF vs. HDV - Volatility Comparison
MSC Income Fund, Inc. (MSIF) has a higher volatility of 7.50% compared to iShares Core High Dividend ETF (HDV) at 4.98%. This indicates that MSIF's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSIF | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 4.98% | +2.52% |
Volatility (6M)Calculated over the trailing 6-month period | 18.59% | 8.72% | +9.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.16% | 10.85% | +16.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.19% | 12.95% | +16.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.19% | 15.78% | +13.41% |
Dividends
MSIF vs. HDV - Dividend Comparison
MSIF's dividend yield for the trailing twelve months is around 10.63%, more than HDV's 3.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.07% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
MSIF MSC Income Fund, Inc. | 10.63% | 10.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MSIF and HDV have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSIF has higher volatility (7.50%) compared to HDV (4.98%). In terms of maximum drawdown, MSIF dropped -31.84% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.39 vs -0.73), 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.
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