PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
OEUR vs. IHDG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OEUR and IHDG is 0.77, 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.


-0.50.00.51.00.8

Performance

OEUR vs. IHDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OShares Europe Quality Dividend ETF (OEUR) and WisdomTree International Hedged Dividend Growth Fund (IHDG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
-6.73%
-4.06%
OEUR
IHDG

Key characteristics

Sharpe Ratio

OEUR:

0.18

IHDG:

0.53

Sortino Ratio

OEUR:

0.34

IHDG:

0.80

Omega Ratio

OEUR:

1.04

IHDG:

1.10

Calmar Ratio

OEUR:

0.19

IHDG:

0.67

Martin Ratio

OEUR:

0.53

IHDG:

2.01

Ulcer Index

OEUR:

4.42%

IHDG:

3.11%

Daily Std Dev

OEUR:

12.89%

IHDG:

11.85%

Max Drawdown

OEUR:

-33.01%

IHDG:

-29.24%

Current Drawdown

OEUR:

-12.02%

IHDG:

-5.96%

Returns By Period

In the year-to-date period, OEUR achieves a 1.40% return, which is significantly lower than IHDG's 6.01% return.


OEUR

YTD

1.40%

1M

-1.47%

6M

-6.73%

1Y

2.25%

5Y*

5.03%

10Y*

N/A

IHDG

YTD

6.01%

1M

-0.54%

6M

-4.06%

1Y

6.26%

5Y*

8.24%

10Y*

9.11%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OEUR vs. IHDG - Expense Ratio Comparison

OEUR has a 0.48% expense ratio, which is lower than IHDG's 0.58% expense ratio.


IHDG
WisdomTree International Hedged Dividend Growth Fund
Expense ratio chart for IHDG: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for OEUR: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%

Risk-Adjusted Performance

OEUR vs. IHDG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for OShares Europe Quality Dividend ETF (OEUR) and WisdomTree International Hedged Dividend Growth Fund (IHDG). 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.


Sharpe ratio
The chart of Sharpe ratio for OEUR, currently valued at 0.18, compared to the broader market0.002.004.000.180.53
The chart of Sortino ratio for OEUR, currently valued at 0.34, compared to the broader market-2.000.002.004.006.008.0010.000.340.80
The chart of Omega ratio for OEUR, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.10
The chart of Calmar ratio for OEUR, currently valued at 0.19, compared to the broader market0.005.0010.0015.000.190.67
The chart of Martin ratio for OEUR, currently valued at 0.53, compared to the broader market0.0020.0040.0060.0080.00100.000.532.01
OEUR
IHDG

The current OEUR Sharpe Ratio is 0.18, which is lower than the IHDG Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of OEUR and IHDG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.18
0.53
OEUR
IHDG

Dividends

OEUR vs. IHDG - Dividend Comparison

OEUR's dividend yield for the trailing twelve months is around 3.72%, more than IHDG's 1.47% yield.


TTM2023202220212020201920182017201620152014
OEUR
OShares Europe Quality Dividend ETF
3.72%4.27%2.13%2.01%3.66%3.66%3.49%3.01%2.87%0.64%0.00%
IHDG
WisdomTree International Hedged Dividend Growth Fund
1.47%1.70%13.79%2.77%1.95%1.99%0.22%1.28%1.91%3.04%3.86%

Drawdowns

OEUR vs. IHDG - Drawdown Comparison

The maximum OEUR drawdown since its inception was -33.01%, which is greater than IHDG's maximum drawdown of -29.24%. Use the drawdown chart below to compare losses from any high point for OEUR and IHDG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.02%
-5.96%
OEUR
IHDG

Volatility

OEUR vs. IHDG - Volatility Comparison

OShares Europe Quality Dividend ETF (OEUR) and WisdomTree International Hedged Dividend Growth Fund (IHDG) have volatilities of 3.45% and 3.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.45%
3.36%
OEUR
IHDG
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab