XC vs. HFXI
Compare and contrast key facts about WisdomTree Emerging Markets ex-China Fund (XC) and IQ 50 Percent Hedged FTSE International ETF (HFXI).
XC and HFXI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XC is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets ex-China Index - Benchmark TR Net. It was launched on Sep 20, 2022. HFXI is a passively managed fund by New York Life that tracks the performance of the FTSE Developed ex North America 50% Hedged to USD Index. It was launched on Jul 22, 2015. Both XC and HFXI 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: XC or HFXI.
Key characteristics
| XC | HFXI | |
|---|---|---|
| YTD Return | 10.27% | 10.55% |
| 1Y Return | 23.54% | 20.07% |
| Sharpe Ratio | 1.49 | 1.74 |
| Sortino Ratio | 2.08 | 2.43 |
| Omega Ratio | 1.27 | 1.31 |
| Calmar Ratio | 1.98 | 2.21 |
| Martin Ratio | 6.78 | 9.56 |
| Ulcer Index | 3.35% | 2.07% |
| Daily Std Dev | 15.21% | 11.38% |
| Max Drawdown | -12.29% | -32.42% |
| Current Drawdown | -5.44% | -3.12% |
Correlation
The correlation between XC and HFXI is 0.76, 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
XC vs. HFXI - Performance Comparison
The year-to-date returns for both investments are quite close, with XC having a 10.27% return and HFXI slightly higher at 10.55%. 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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XC vs. HFXI - Expense Ratio Comparison
XC has a 0.32% expense ratio, which is higher than HFXI's 0.20% expense ratio.
Risk-Adjusted Performance
XC vs. HFXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-China Fund (XC) and IQ 50 Percent Hedged FTSE International ETF (HFXI). 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
XC vs. HFXI - Dividend Comparison
XC's dividend yield for the trailing twelve months is around 1.24%, less than HFXI's 2.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
XC WisdomTree Emerging Markets ex-China Fund | 1.24% | 1.42% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HFXI IQ 50 Percent Hedged FTSE International ETF | 2.34% | 2.49% | 4.65% | 3.10% | 2.00% | 3.19% | 4.33% | 2.55% | 3.47% | 0.78% |
Drawdowns
XC vs. HFXI - Drawdown Comparison
The maximum XC drawdown since its inception was -12.29%, smaller than the maximum HFXI drawdown of -32.42%. Use the drawdown chart below to compare losses from any high point for XC and HFXI. For additional features, visit the drawdowns tool.
Volatility
XC vs. HFXI - Volatility Comparison
WisdomTree Emerging Markets ex-China Fund (XC) and IQ 50 Percent Hedged FTSE International ETF (HFXI) have volatilities of 3.00% and 3.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.