USD=X vs. IEFA
USD=X (USD Cash) is a currency, while IEFA (iShares Core MSCI EAFE ETF) is Foreign Large Cap Equities fund tracking the MSCI EAFE IMI Index (Net). Over the past 10 years, USD=X returned 0.00%/yr vs 9.78%/yr for IEFA.
Performance
USD=X vs. IEFA - Performance Comparison
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Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
IEFA
- 1D
- 0.61%
- 1M
- 3.53%
- YTD
- 10.18%
- 6M
- 11.10%
- 1Y
- 23.18%
- 3Y*
- 16.11%
- 5Y*
- 8.34%
- 10Y*
- 9.78%
USD=X vs. IEFA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEFA iShares Core MSCI EAFE ETF | 10.18% | 32.08% | 3.26% | 17.95% | -15.24% | 11.63% | 8.18% | 22.64% | -14.14% | 26.57% |
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Return for Risk
USD=X vs. IEFA — Risk / Return Rank
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IEFA
USD=X vs. IEFA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and iShares Core MSCI EAFE ETF (IEFA). 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.
| USD=X | IEFA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.03 | — |
| Martin ratioReturn relative to average drawdown | — | 7.69 | — |
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Drawdowns
USD=X vs. IEFA - Drawdown Comparison
The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum IEFA drawdown of -34.78%. Use the drawdown chart below to compare losses from any high point for USD=X and IEFA.
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Drawdown Indicators
| USD=X | IEFA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -34.78% | +34.78% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -11.50% | +11.50% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -13.76% | +13.76% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -30.41% | +30.41% |
Max Drawdown (10Y)Largest decline over 10 years | 0.00% | -34.78% | +34.78% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -6.68% | +6.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 3.02% | -3.02% |
Volatility
USD=X vs. IEFA - Volatility Comparison
The current volatility for USD Cash (USD=X) is 0.00%, while iShares Core MSCI EAFE ETF (IEFA) has a volatility of 5.52%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than IEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USD=X | IEFA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 5.52% | -5.52% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 13.12% | -13.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 15.51% | -15.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 16.62% | -16.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 17.31% | -17.31% |
Frequently Asked Questions
IEFA has higher volatility (5.52%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs IEFA's -34.78%.
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