OSMAX vs. HSCZ
Compare and contrast key facts about Invesco International Small-Mid Company Fund (OSMAX) and iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ).
OSMAX is managed by Invesco. It was launched on Nov 16, 1997. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OSMAX or HSCZ.
Correlation
The correlation between OSMAX and HSCZ is 0.74, 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.
Performance
OSMAX vs. HSCZ - Performance Comparison
Key characteristics
OSMAX:
-0.62
HSCZ:
1.00
OSMAX:
-0.71
HSCZ:
1.39
OSMAX:
0.90
HSCZ:
1.19
OSMAX:
-0.22
HSCZ:
1.18
OSMAX:
-1.07
HSCZ:
5.45
OSMAX:
9.16%
HSCZ:
2.13%
OSMAX:
15.84%
HSCZ:
11.61%
OSMAX:
-81.37%
HSCZ:
-34.89%
OSMAX:
-40.87%
HSCZ:
-2.04%
Returns By Period
In the year-to-date period, OSMAX achieves a 3.92% return, which is significantly higher than HSCZ's 1.50% return.
OSMAX
3.92%
-0.71%
-14.65%
-9.42%
-1.81%
1.35%
HSCZ
1.50%
-0.36%
3.59%
11.69%
10.78%
N/A
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OSMAX vs. HSCZ - Expense Ratio Comparison
OSMAX has a 1.33% expense ratio, which is higher than HSCZ's 0.43% expense ratio.
Risk-Adjusted Performance
OSMAX vs. HSCZ — Risk-Adjusted Performance Rank
OSMAX
HSCZ
OSMAX vs. HSCZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International Small-Mid Company Fund (OSMAX) 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
OSMAX vs. HSCZ - Dividend Comparison
OSMAX's dividend yield for the trailing twelve months is around 1.49%, less than HSCZ's 3.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OSMAX Invesco International Small-Mid Company Fund | 1.49% | 1.55% | 0.85% | 0.00% | 0.04% | 0.00% | 0.37% | 0.53% | 0.75% | 0.15% | 0.07% | 0.48% |
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 3.21% | 3.26% | 2.98% | 26.91% | 2.90% | 1.46% | 4.51% | 6.15% | 2.52% | 2.57% | 1.75% | 0.00% |
Drawdowns
OSMAX vs. HSCZ - Drawdown Comparison
The maximum OSMAX drawdown since its inception was -81.37%, which is greater than HSCZ's maximum drawdown of -34.89%. Use the drawdown chart below to compare losses from any high point for OSMAX and HSCZ. For additional features, visit the drawdowns tool.
Volatility
OSMAX vs. HSCZ - Volatility Comparison
Invesco International Small-Mid Company Fund (OSMAX) has a higher volatility of 3.88% compared to iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) at 2.40%. This indicates that OSMAX'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.