Historically, implementing a 50% hedge to currency movement with HFXI has exhibited lower 5 year-rolling standard deviation in all periods since inception, offering competitive returns to the unhedged benchmark index.
HFXI 5 Year Ascending Returns
5 Year Returns vs. 5 Year Standard Deviation (in order of ascending HFXI returns)
Source: Morningstar as of 12/31/2023. Performance is at NAV. Past performance is no guarantee of future results, which will vary. It is not possible to invest directly in an index used
Consider IQ FTSE International Equity Currency Neutral ETF (HFXI)
Passive international exposure
Employs a truly passive, simpler approach to international equity investing for broad developed market exposure.
Currency neutral
A 50% currency hedge mitigates the volatility associated with fully hedged or unhedged strategies and eliminates the need to make a currency bet.
A core international holding
Use as a low-cost, tax-efficient alternative to actively managed international equity strategies.
Standard deviation measures how widely dispersed a fund's returns have been over a specified period of time. A high standard deviation indicates that the range is wide, implying greater potential for volatility.