WAISX vs. IVFIX
WAISX (Wasatch International Select Fund) and IVFIX (Federated Hermes International Strategic Value Dividend Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, WAISX returned -2.84%/yr vs 10.53%/yr for IVFIX. Their 0.56 correlation means they have sometimes moved together and sometimes differently. WAISX charges 1.30%/yr vs 0.86%/yr for IVFIX.
Performance
WAISX vs. IVFIX - Performance Comparison
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Returns By Period
In the year-to-date period, WAISX achieves a -0.08% return, which is significantly lower than IVFIX's 12.21% return.
WAISX
- 1D
- 2.20%
- 1M
- -0.69%
- 6M
- -1.59%
- YTD
- -0.08%
- 1Y
- -8.30%
- 3Y*
- 4.46%
- 5Y*
- -2.84%
- 10Y*
- —
- ALL TIME*
- 3.95%
IVFIX
- 1D
- 0.00%
- 1M
- 3.30%
- 6M
- 7.45%
- YTD
- 12.21%
- 1Y
- 24.58%
- 3Y*
- 15.01%
- 5Y*
- 10.53%
- 10Y*
- 7.31%
- ALL TIME*
- 3.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
WAISX vs. IVFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WAISX Wasatch International Select Fund | -0.08% | 9.03% | 1.18% | 21.48% | -34.87% | 4.99% | 27.05% | 12.00% |
IVFIX Federated Hermes International Strategic Value Dividend Fund | 12.21% | 31.79% | 1.91% | 11.05% | -2.54% | 11.58% | -1.74% | 7.03% |
Correlation
The correlation between WAISX and IVFIX is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2019 | 0.56 |
Over the past year, the correlation between WAISX and IVFIX has dropped to 0.32 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
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Return for Risk
WAISX vs. IVFIX — Risk / Return Rank
WAISX
IVFIX
WAISX vs. IVFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch International Select Fund (WAISX) and Federated Hermes International Strategic Value Dividend Fund (IVFIX). 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.
| WAISX | IVFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.99 | ||
| Sortino ratioReturn per unit of downside risk | -4.14 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.44 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 4.12 | -4.68 |
| Martin ratioReturn relative to average drawdown | -1.04 | 9.46 | -10.50 |
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Drawdowns
WAISX vs. IVFIX - Drawdown Comparison
The maximum WAISX drawdown since its inception was -45.66%, smaller than the maximum IVFIX drawdown of -51.49%. Use the drawdown chart below to compare losses from any high point for WAISX and IVFIX.
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Drawdown Indicators
| WAISX | IVFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.66% | -51.49% | +5.83% |
Max Drawdown (1Y)Largest decline over 1 year | -16.89% | -6.97% | -9.92% |
Max Drawdown (3Y)Largest decline over 3 years | -17.73% | -10.75% | -6.98% |
Max Drawdown (5Y)Largest decline over 5 years | -45.66% | -21.29% | -24.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.46% | — |
Current DrawdownCurrent decline from peak | -19.82% | -0.37% | -19.45% |
Average DrawdownAverage peak-to-trough decline | -19.16% | -11.55% | -7.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.13% | 2.82% | +6.31% |
Volatility
WAISX vs. IVFIX - Volatility Comparison
Wasatch International Select Fund (WAISX) has a higher volatility of 4.87% compared to Federated Hermes International Strategic Value Dividend Fund (IVFIX) at 3.41%. This indicates that WAISX's price experiences larger fluctuations and is considered to be riskier than IVFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WAISX | IVFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 3.41% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 13.21% | 9.71% | +3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.51% | 12.10% | +3.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.32% | 13.13% | +7.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 14.56% | +6.45% |
WAISX vs. IVFIX - Expense Ratio Comparison
WAISX has a 1.30% expense ratio, which is higher than IVFIX's 0.86% expense ratio.
Dividends
WAISX vs. IVFIX - Dividend Comparison
WAISX has not paid dividends to shareholders, while IVFIX's dividend yield for the trailing twelve months is around 3.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVFIX Federated Hermes International Strategic Value Dividend Fund | 3.52% | 3.37% | 4.44% | 4.01% | 3.99% | 3.67% | 3.62% | 3.98% | 4.97% | 4.17% | 3.38% | 3.95% |
WAISX Wasatch International Select Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WAISX and IVFIX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WAISX has higher volatility (4.87%) compared to IVFIX (3.41%). In terms of maximum drawdown, WAISX dropped -45.66% vs IVFIX's -51.49%.
IVFIX currently has the higher Sharpe Ratio (2.38 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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