USDU vs. HEFA
Compare and contrast key facts about WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and iShares Currency Hedged MSCI EAFE ETF (HEFA).
USDU and HEFA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USDU is an actively managed fund by WisdomTree. It was launched on Dec 18, 2013. HEFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE 100% Hedged to USD Index. It was launched on Jan 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDU or HEFA.
Key characteristics
| USDU | HEFA | |
|---|---|---|
| YTD Return | 5.93% | 8.70% |
| 1Y Return | 9.05% | 18.50% |
| 3Y Return (Ann) | 6.78% | 10.53% |
| 5Y Return (Ann) | 2.95% | 10.40% |
| 10Y Return (Ann) | 3.42% | 9.15% |
| Sharpe Ratio | 1.56 | 1.85 |
| Daily Std Dev | 5.73% | 9.78% |
| Max Drawdown | -14.53% | -32.39% |
| Current Drawdown | -0.37% | -1.86% |
Correlation
The correlation between USDU and HEFA is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
USDU vs. HEFA - Performance Comparison
In the year-to-date period, USDU achieves a 5.93% return, which is significantly lower than HEFA's 8.70% return. Over the past 10 years, USDU has underperformed HEFA with an annualized return of 3.42%, while HEFA has yielded a comparatively higher 9.15% annualized 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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USDU vs. HEFA - Expense Ratio Comparison
USDU has a 0.51% expense ratio, which is higher than HEFA's 0.35% expense ratio.
Risk-Adjusted Performance
USDU vs. HEFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and iShares Currency Hedged MSCI EAFE ETF (HEFA). 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
USDU vs. HEFA - Dividend Comparison
USDU's dividend yield for the trailing twelve months is around 6.60%, more than HEFA's 2.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 6.60% | 6.99% | 7.83% | 0.00% | 0.69% | 3.06% | 0.88% | 0.00% | 0.00% | 6.48% | 1.58% |
HEFA iShares Currency Hedged MSCI EAFE ETF | 2.78% | 3.02% | 25.14% | 3.06% | 2.10% | 5.37% | 4.59% | 2.55% | 3.17% | 3.54% | 3.39% |
Drawdowns
USDU vs. HEFA - Drawdown Comparison
The maximum USDU drawdown since its inception was -14.53%, smaller than the maximum HEFA drawdown of -32.39%. Use the drawdown chart below to compare losses from any high point for USDU and HEFA. For additional features, visit the drawdowns tool.
Volatility
USDU vs. HEFA - Volatility Comparison
The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 1.40%, while iShares Currency Hedged MSCI EAFE ETF (HEFA) has a volatility of 2.64%. This indicates that USDU experiences smaller price fluctuations and is considered to be less risky than HEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.