THD vs. AAXJ
Compare and contrast key facts about iShares MSCI Thailand ETF (THD) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ).
THD and AAXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THD is a passively managed fund by iShares that tracks the performance of the MSCI Thailand Investable Market Index. It was launched on Mar 26, 2008. AAXJ is a passively managed fund by iShares that tracks the performance of the MSCI All Country Asia ex Japan Index. It was launched on Aug 13, 2008. Both THD and AAXJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THD or AAXJ.
Performance
THD vs. AAXJ - Performance Comparison
Returns By Period
In the year-to-date period, THD achieves a 1.38% return, which is significantly lower than AAXJ's 12.06% return. Over the past 10 years, THD has underperformed AAXJ with an annualized return of -0.22%, while AAXJ has yielded a comparatively higher 3.59% annualized return.
THD
1.38%
-8.51%
7.45%
3.89%
-3.66%
-0.22%
AAXJ
12.06%
-5.46%
2.03%
15.82%
3.02%
3.59%
Key characteristics
| THD | AAXJ | |
|---|---|---|
| Sharpe Ratio | 0.24 | 0.94 |
| Sortino Ratio | 0.48 | 1.41 |
| Omega Ratio | 1.05 | 1.17 |
| Calmar Ratio | 0.11 | 0.45 |
| Martin Ratio | 0.52 | 4.35 |
| Ulcer Index | 7.90% | 3.68% |
| Daily Std Dev | 17.51% | 17.12% |
| Max Drawdown | -64.22% | -49.37% |
| Current Drawdown | -25.63% | -22.37% |
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THD vs. AAXJ - Expense Ratio Comparison
THD has a 0.59% expense ratio, which is lower than AAXJ's 0.68% expense ratio.
Correlation
The correlation between THD and AAXJ is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
THD vs. AAXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Thailand ETF (THD) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ). 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
THD vs. AAXJ - Dividend Comparison
THD's dividend yield for the trailing twelve months is around 2.83%, more than AAXJ's 1.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THD iShares MSCI Thailand ETF | 2.83% | 2.92% | 2.41% | 3.16% | 2.31% | 2.42% | 2.57% | 2.16% | 2.61% | 3.58% | 2.34% | 2.93% |
AAXJ iShares MSCI All Country Asia ex-Japan ETF | 1.85% | 2.26% | 1.73% | 2.21% | 1.06% | 1.83% | 2.10% | 1.99% | 1.77% | 2.44% | 1.78% | 1.77% |
Drawdowns
THD vs. AAXJ - Drawdown Comparison
The maximum THD drawdown since its inception was -64.22%, which is greater than AAXJ's maximum drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for THD and AAXJ. For additional features, visit the drawdowns tool.
Volatility
THD vs. AAXJ - Volatility Comparison
iShares MSCI Thailand ETF (THD) has a higher volatility of 6.33% compared to iShares MSCI All Country Asia ex-Japan ETF (AAXJ) at 5.49%. This indicates that THD's price experiences larger fluctuations and is considered to be riskier than AAXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.