SSXU vs. IDEV
SSXU (Day Hagan/Ned Davis Research Smart Sector International ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds. SSXU is actively managed, while IDEV is passively managed. Over the past 3 years, SSXU returned 10.75%/yr vs 16.97%/yr for IDEV. Their correlation of 0.95 means they have usually moved in the same direction. SSXU charges 1.15%/yr vs 0.05%/yr for IDEV.
Performance
SSXU vs. IDEV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SSXU achieves a 3.34% return, which is significantly lower than IDEV's 11.37% return.
SSXU
- 1D
- -0.42%
- 1M
- 0.13%
- 6M
- -1.00%
- YTD
- 3.34%
- 1Y
- 15.87%
- 3Y*
- 10.75%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.28%
IDEV
- 1D
- -0.72%
- 1M
- 1.04%
- 6M
- 6.43%
- YTD
- 11.37%
- 1Y
- 25.30%
- 3Y*
- 16.97%
- 5Y*
- 9.25%
- 10Y*
- —
- ALL TIME*
- 9.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $135.88M | $124.12M | $125.37M | |
| $81.87K | $55.86K | $321.24K |
SSXU vs. IDEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SSXU Day Hagan/Ned Davis Research Smart Sector International ETF | 3.34% | 27.09% | 5.28% | 9.56% | 2.14% |
IDEV iShares Core MSCI International Developed Markets ETF | 11.37% | 32.56% | 4.54% | 17.36% | 4.78% |
Correlation
The correlation between SSXU and IDEV is 0.94, 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. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2022 | 0.95 |
The correlation between SSXU and IDEV has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
SSXU vs. IDEV - Sectors Allocation Comparison
Sectors
SSXU
IDEV
Financial Services
Industrials
Consumer Cyclical
Technology
Basic Materials
Consumer Defensive
Communication Services
Energy
Healthcare
Utilities
Real Estate
Financial Services
SSXU
IDEV
Industrials
SSXU
IDEV
Consumer Cyclical
SSXU
IDEV
Technology
SSXU
IDEV
Basic Materials
SSXU
IDEV
Consumer Defensive
SSXU
IDEV
Communication Services
SSXU
IDEV
Energy
SSXU
IDEV
Healthcare
SSXU
IDEV
Utilities
SSXU
IDEV
Real Estate
SSXU
IDEV
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
SSXU vs. IDEV — Risk / Return Rank
SSXU
IDEV
SSXU vs. IDEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.
| SSXU | IDEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.30 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 2.24 | -0.76 |
| Martin ratioReturn relative to average drawdown | 4.38 | 8.85 | -4.47 |
Loading charts...
Drawdowns
SSXU vs. IDEV - Drawdown Comparison
The maximum SSXU drawdown since its inception was -13.91%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for SSXU and IDEV.
Loading charts...
Drawdown Indicators
| SSXU | IDEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.91% | -34.77% | +20.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.71% | -11.20% | +0.49% |
Max Drawdown (3Y)Largest decline over 3 years | -13.91% | -13.41% | -0.50% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.15% | — |
Current DrawdownCurrent decline from peak | -5.10% | -0.72% | -4.38% |
Average DrawdownAverage peak-to-trough decline | -3.30% | -6.47% | +3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.62% | 2.83% | +0.79% |
Volatility
SSXU vs. IDEV - Volatility Comparison
Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) has a higher volatility of 5.47% compared to iShares Core MSCI International Developed Markets ETF (IDEV) at 4.44%. This indicates that SSXU's price experiences larger fluctuations and is considered to be riskier than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SSXU | IDEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 4.44% | +1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 12.68% | 13.19% | -0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 15.21% | -0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 16.36% | -1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.47% | 17.25% | -2.78% |
SSXU vs. IDEV - Expense Ratio Comparison
SSXU has a 1.15% expense ratio, which is higher than IDEV's 0.05% expense ratio.
Dividends
SSXU vs. IDEV - Dividend Comparison
SSXU's dividend yield for the trailing twelve months is around 2.57%, less than IDEV's 3.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 3.18% | 3.40% | 3.30% | 3.07% | 2.69% | 3.05% | 2.00% | 3.18% | 3.16% | 1.54% |
SSXU Day Hagan/Ned Davis Research Smart Sector International ETF | 2.57% | 2.66% | 2.74% | 2.07% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, SSXU and IDEV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SSXU has higher volatility (5.47%) compared to IDEV (4.44%). In terms of maximum drawdown, SSXU dropped -13.91% vs IDEV's -34.77%.
On 3-year performance, IDEV leads with 16.97% vs 10.75% for SSXU. On fees, IDEV is cheaper at 0.05% per year. On volatility, IDEV has been the lower-risk option at 4.44%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IDEV has performed better with a 16.97% return vs 10.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDEV is cheaper with a 0.05% expense ratio, compared with 1.15% for SSXU.
IDEV has the higher dividend yield at 3.18%, compared with 2.57% for SSXU.
They also come from different issuers: Day Hagan and iShares. Their fees differ too: 1.15% for SSXU and 0.05% for IDEV.
IDEV currently has the higher Sharpe Ratio (1.66 vs 1.09), 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 SSXU and IDEV
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