HFXI vs. DMCY ETF Comparison
Comparison of IQ 50 Percent Hedged FTSE International ETF (HFXI) to Democracy International Fund (DMCY)
HFXI
IQ 50 Percent Hedged FTSE International ETF
HFXI Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the FTSE Developed ex North America 50% Hedged to USD Index (the "underlying index"). The underlying index is an equity benchmark of international stocks from developed markets, with approximately half of the currency exposure of the securities included in the underlying index "hedged" against the U.S. dollar on a monthly basis. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities and other instruments included in its underlying index.
Grade (RS Rating)
Last Trade
$26.53
Average Daily Volume
101,680
28
DMCY
Democracy International Fund
DMCY Description
The Democracy International Fund is a Global Markets ex-United States Large & Mid Cap international equity portfolio that is both democracy and market capitalization weighted. The Democracy International Fund seeks to track the total return performance, before fees and expenses, of the Democracy Investments International Index. The intent of the Fund is to enable investors to allocate more into democracies thereby shifting capital flows toward democratic countries and away from authoritarian countries. This could lower the cost of capital and improve economic growth for democracies and the opposite for authoritarians, resulting in market-based incentives for democratic reforms.Grade (RS Rating)
Last Trade
$25.56
Average Daily Volume
1,217
22
Performance
| Period | HFXI | DMCY |
|---|---|---|
| 30 Days | -1.12% | -2.25% |
| 60 Days | -2.75% | -4.85% |
| 90 Days | -3.24% | -5.00% |
| 12 Months | 13.34% | 10.30% |
10 Overlapping Holdings
HFXI: Top Represented Industries & Keywords
DMCY: Top Represented Industries & Keywords
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