RXI vs. IEDI
Compare and contrast key facts about iShares Global Consumer Discretionary ETF (RXI) and iShares Evolved U.S. Discretionary Spending ETF (IEDI).
RXI and IEDI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RXI is a passively managed fund by iShares that tracks the performance of the S&P Global Consumer Discretionary Index. It was launched on Sep 21, 2006. IEDI is an actively managed fund by iShares. It was launched on Mar 21, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RXI or IEDI.
Key characteristics
| RXI | IEDI | |
|---|---|---|
| YTD Return | 14.48% | 22.34% |
| 1Y Return | 26.67% | 38.20% |
| 3Y Return (Ann) | 0.71% | 5.34% |
| 5Y Return (Ann) | 9.01% | 13.72% |
| Sharpe Ratio | 1.57 | 2.89 |
| Sortino Ratio | 2.22 | 3.98 |
| Omega Ratio | 1.27 | 1.50 |
| Calmar Ratio | 1.17 | 2.22 |
| Martin Ratio | 7.31 | 13.05 |
| Ulcer Index | 3.39% | 2.83% |
| Daily Std Dev | 15.76% | 12.78% |
| Max Drawdown | -60.36% | -30.60% |
| Current Drawdown | -0.22% | 0.00% |
Correlation
The correlation between RXI and IEDI is 0.82, 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
RXI vs. IEDI - Performance Comparison
In the year-to-date period, RXI achieves a 14.48% return, which is significantly lower than IEDI's 22.34% 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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RXI vs. IEDI - Expense Ratio Comparison
RXI has a 0.46% expense ratio, which is higher than IEDI's 0.18% expense ratio.
Risk-Adjusted Performance
RXI vs. IEDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Consumer Discretionary ETF (RXI) and iShares Evolved U.S. Discretionary Spending ETF (IEDI). 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
RXI vs. IEDI - Dividend Comparison
RXI's dividend yield for the trailing twelve months is around 1.11%, more than IEDI's 1.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RXI iShares Global Consumer Discretionary ETF | 1.11% | 1.00% | 1.00% | 0.89% | 0.65% | 1.48% | 1.73% | 1.26% | 1.77% | 1.17% | 1.71% | 1.21% |
IEDI iShares Evolved U.S. Discretionary Spending ETF | 1.02% | 1.13% | 3.04% | 0.70% | 0.83% | 1.58% | 1.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RXI vs. IEDI - Drawdown Comparison
The maximum RXI drawdown since its inception was -60.36%, which is greater than IEDI's maximum drawdown of -30.60%. Use the drawdown chart below to compare losses from any high point for RXI and IEDI. For additional features, visit the drawdowns tool.
Volatility
RXI vs. IEDI - Volatility Comparison
iShares Global Consumer Discretionary ETF (RXI) has a higher volatility of 4.76% compared to iShares Evolved U.S. Discretionary Spending ETF (IEDI) at 2.99%. This indicates that RXI's price experiences larger fluctuations and is considered to be riskier than IEDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.