WH vs. AAXJ
WH (Wyndham Hotels & Resorts, Inc.) is a stock, while AAXJ (iShares MSCI All Country Asia ex-Japan ETF) is Asia Pacific Equities fund tracking the MSCI All Country Asia ex Japan Index. Over the past 5 years, WH returned 2.87%/yr vs 6.77%/yr for AAXJ. At a 0.38 correlation, their price movements are largely independent.
Performance
WH vs. AAXJ - Performance Comparison
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Returns By Period
In the year-to-date period, WH achieves a 6.04% return, which is significantly lower than AAXJ's 29.50% return.
WH
- 1D
- -0.52%
- 1M
- -0.86%
- YTD
- 6.04%
- 6M
- 11.36%
- 1Y
- -0.38%
- 3Y*
- 5.55%
- 5Y*
- 2.87%
- 10Y*
- —
AAXJ
- 1D
- -1.28%
- 1M
- 7.11%
- YTD
- 29.50%
- 6M
- 32.24%
- 1Y
- 54.70%
- 3Y*
- 24.06%
- 5Y*
- 6.77%
- 10Y*
- 10.24%
WH vs. AAXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WH Wyndham Hotels & Resorts, Inc. | 6.04% | -23.54% | 27.70% | 14.94% | -19.06% | 52.60% | -4.15% | 41.40% | -25.37% |
AAXJ iShares MSCI All Country Asia ex-Japan ETF | 29.50% | 31.53% | 10.41% | 4.79% | -20.35% | -5.73% | 23.35% | 17.93% | -15.51% |
Correlation
The correlation between WH and AAXJ is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since May 22, 2018 | 0.38 |
Over the past year, the correlation between WH and AAXJ has dropped to 0.16 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.
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Return for Risk
WH vs. AAXJ — Risk / Return Rank
WH
AAXJ
WH vs. AAXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wyndham Hotels & Resorts, Inc. (WH) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ). 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.
| WH | AAXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.34 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.49 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 4.02 | -4.04 |
| Martin ratioReturn relative to average drawdown | -0.03 | 15.52 | -15.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WH | AAXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 2.71 | -2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.34 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.28 | -0.14 |
Drawdowns
WH vs. AAXJ - Drawdown Comparison
The maximum WH drawdown since its inception was -66.07%, which is greater than AAXJ's maximum drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for WH and AAXJ.
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Drawdown Indicators
| WH | AAXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.07% | -49.37% | -16.70% |
Max Drawdown (1Y)Largest decline over 1 year | -24.30% | -13.66% | -10.64% |
Max Drawdown (3Y)Largest decline over 3 years | -37.17% | -19.74% | -17.43% |
Max Drawdown (5Y)Largest decline over 5 years | -37.17% | -40.74% | +3.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.52% | — |
Current DrawdownCurrent decline from peak | -26.97% | -2.32% | -24.65% |
Average DrawdownAverage peak-to-trough decline | -16.55% | -14.03% | -2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.52% | 3.53% | +8.99% |
Volatility
WH vs. AAXJ - Volatility Comparison
Wyndham Hotels & Resorts, Inc. (WH) has a higher volatility of 9.70% compared to iShares MSCI All Country Asia ex-Japan ETF (AAXJ) at 8.95%. This indicates that WH's price experiences larger fluctuations and is considered to be riskier than AAXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WH | AAXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 8.95% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 21.65% | 17.53% | +4.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.54% | 20.30% | +9.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.51% | 19.95% | +9.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.81% | 20.25% | +15.56% |
Dividends
WH vs. AAXJ - Dividend Comparison
WH's dividend yield for the trailing twelve months is around 2.08%, more than AAXJ's 1.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAXJ iShares MSCI All Country Asia ex-Japan ETF | 1.40% | 1.81% | 1.86% | 1.95% | 1.74% | 2.21% | 1.06% | 1.83% | 2.10% | 1.99% | 1.77% | 2.44% |
WH Wyndham Hotels & Resorts, Inc. | 2.08% | 2.17% | 1.51% | 1.74% | 1.79% | 0.98% | 0.94% | 1.85% | 1.65% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WH and AAXJ have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WH has higher volatility (9.70%) compared to AAXJ (8.95%). In terms of maximum drawdown, WH dropped -66.07% vs AAXJ's -49.37%.
AAXJ currently has the higher Sharpe Ratio (2.71 vs -0.01), 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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