UEVM vs. HAWX
Compare and contrast key facts about VictoryShares USAA MSCI Emerging Markets Value Momentum ETF (UEVM) and iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX).
UEVM and HAWX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UEVM is a passively managed fund by Crestview that tracks the performance of the MSCI EM Select Value Momentum Blend. It was launched on Oct 24, 2017. HAWX is a passively managed fund by iShares that tracks the performance of the MSCI ACWI ex USA 100% Hedged to USD. It was launched on Jun 29, 2015. Both UEVM and HAWX 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: UEVM or HAWX.
Key characteristics
| UEVM | HAWX | |
|---|---|---|
| YTD Return | 7.00% | 8.99% |
| 1Y Return | 17.75% | 18.22% |
| 3Y Return (Ann) | 2.87% | 7.09% |
| 5Y Return (Ann) | 4.96% | 8.48% |
| Sharpe Ratio | 1.44 | 1.87 |
| Daily Std Dev | 13.17% | 9.76% |
| Max Drawdown | -45.44% | -30.64% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between UEVM and HAWX is 0.79, 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
UEVM vs. HAWX - Performance Comparison
In the year-to-date period, UEVM achieves a 7.00% return, which is significantly lower than HAWX's 8.99% 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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UEVM vs. HAWX - Expense Ratio Comparison
UEVM has a 0.45% expense ratio, which is higher than HAWX's 0.35% expense ratio.
Risk-Adjusted Performance
UEVM vs. HAWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA MSCI Emerging Markets Value Momentum ETF (UEVM) and iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX). 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
UEVM vs. HAWX - Dividend Comparison
UEVM's dividend yield for the trailing twelve months is around 4.05%, more than HAWX's 2.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF | 4.05% | 4.71% | 3.46% | 4.49% | 2.19% | 2.79% | 2.34% | 0.53% | 0.00% | 0.00% |
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF | 2.71% | 2.95% | 16.94% | 2.63% | 2.00% | 3.23% | 2.51% | 2.40% | 2.49% | 3.86% |
Drawdowns
UEVM vs. HAWX - Drawdown Comparison
The maximum UEVM drawdown since its inception was -45.44%, which is greater than HAWX's maximum drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for UEVM and HAWX. For additional features, visit the drawdowns tool.
Volatility
UEVM vs. HAWX - Volatility Comparison
VictoryShares USAA MSCI Emerging Markets Value Momentum ETF (UEVM) has a higher volatility of 3.76% compared to iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) at 2.87%. This indicates that UEVM's price experiences larger fluctuations and is considered to be riskier than HAWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.