Correlation
The correlation between THLV and EFAV is 0.56, 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.
THLV vs. EFAV
Compare and contrast key facts about Thor Low Volatility ETF (THLV) and iShares Edge MSCI Min Vol EAFE ETF (EFAV).
THLV and EFAV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THLV is a passively managed fund by THOR that tracks the performance of the Thor Low Volatility Index - Benchmark TR Gross. It was launched on Sep 12, 2022. EFAV is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Minimum Volatility Index. It was launched on Oct 18, 2011. Both THLV and EFAV 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: THLV or EFAV.
Performance
THLV vs. EFAV - Performance Comparison
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Key characteristics
THLV:
0.56
EFAV:
1.91
THLV:
0.76
EFAV:
2.47
THLV:
1.10
EFAV:
1.34
THLV:
0.42
EFAV:
2.61
THLV:
1.05
EFAV:
6.44
THLV:
5.34%
EFAV:
3.50%
THLV:
11.25%
EFAV:
12.29%
THLV:
-13.15%
EFAV:
-27.56%
THLV:
-5.08%
EFAV:
-0.04%
Returns By Period
In the year-to-date period, THLV achieves a 1.46% return, which is significantly lower than EFAV's 19.42% return.
THLV
1.46%
3.60%
-5.08%
4.66%
N/A
N/A
N/A
EFAV
19.42%
3.14%
15.67%
21.69%
10.76%
7.72%
5.25%
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THLV vs. EFAV - Expense Ratio Comparison
THLV has a 0.64% expense ratio, which is higher than EFAV's 0.20% expense ratio.
Risk-Adjusted Performance
THLV vs. EFAV — Risk-Adjusted Performance Rank
THLV
EFAV
THLV vs. EFAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thor Low Volatility ETF (THLV) and iShares Edge MSCI Min Vol EAFE ETF (EFAV). 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.
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Dividends
THLV vs. EFAV - Dividend Comparison
THLV's dividend yield for the trailing twelve months is around 1.24%, less than EFAV's 2.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THLV Thor Low Volatility ETF | 1.24% | 1.25% | 2.72% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EFAV iShares Edge MSCI Min Vol EAFE ETF | 2.71% | 3.24% | 3.07% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% | 3.57% |
Drawdowns
THLV vs. EFAV - Drawdown Comparison
The maximum THLV drawdown since its inception was -13.15%, smaller than the maximum EFAV drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for THLV and EFAV.
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Volatility
THLV vs. EFAV - Volatility Comparison
Thor Low Volatility ETF (THLV) has a higher volatility of 4.09% compared to iShares Edge MSCI Min Vol EAFE ETF (EFAV) at 3.60%. This indicates that THLV's price experiences larger fluctuations and is considered to be riskier than EFAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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