GTO vs HDEF

Comparison between INVESCO TOTAL RETURN BOND ETF (GTO, ETF) and XTRACKERS MSCI EAFE HIGH DIVIDEND YIELD EQUITY ETF (HDEF, ETF).

5-Year PerformanceHDEF has outperformed GTO, delivering a return of +10.5% compared to +0.1%

GTO vs HDEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GTO(ETF)	HDEF(ETF)
Net Assets	$2.30B	$2.30B
Expense Ratio	0.35%	0.09%
Max Drawdown	25.87%	38.17%
Sharpe Ratio	0.56	1.09
5Y Beta	0.05	0.42
5Y Dividends CAGR	1.43%	12.60%

Net Assets

GTO

$2.30B

HDEF

$2.30B

Expense Ratio

GTO

0.35%

Winner

HDEF

0.09%

Max Drawdown

Winner

GTO

25.87%

HDEF

38.17%

Sharpe Ratio

GTO

0.56

Winner

HDEF

1.09

5Y Beta

Winner

GTO

0.05

HDEF

0.42

5Y Dividends CAGR

GTO

1.43%

Winner

HDEF

12.60%

GTO vs HDEF - Historical Returns

Returns include dividend reinvestment.

Period	GTO	HDEF
1 month	+0.68%	-2.21%
3 months	+1.15%	+2.38%
6 months	+0.93%	+4.62%
1 year	+5.49%	+16.00%
5 years(CAGR)	+0.07%	+10.47%
10 years(CAGR)	+2.95%	+8.70%
Max(CAGR)	+3.09%	+7.50%

Winner

GTO

+0.68%

HDEF

-2.21%

GTO

+1.15%

Winner

HDEF

+2.38%

GTO

+0.93%

Winner

HDEF

+4.62%

GTO

+5.49%

Winner

HDEF

+16.00%

5Y(CAGR)

GTO

+0.07%

Winner

HDEF

+10.47%

10Y(CAGR)

GTO

+2.95%

Winner

HDEF

+8.70%

Max(CAGR)

GTO

+3.09%

Winner

HDEF

+7.50%

GTO vs HDEF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	GTO	HDEF
2026	+0.88%	+4.32%
2025	+7.08%	+33.36%
2024	+3.00%	+3.36%
2023	+5.50%	+17.51%
2022	-14.06%	-3.03%
2021	-0.44%	+6.01%
2020	+10.58%	-2.76%
2019	+11.26%	+25.44%
2018	-0.02%	-13.77%
2017	+7.33%	+9.90%
2016	+3.62%	+13.43%
2015	N/A	-4.66%

GTO vs HDEF Drawdown Comparison

The maximum drawdown for GTO was -20.60%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for HDEF was -36.42%, occurring on Mar 23, 2020. Recovery took 255 trading sessions.

The current GTO drawdown is -1.45%. The current HDEF drawdown is -4.78%.

Rank	GTO	HDEF
#1	-20.60% Sep 14, 2021 - Oct 24, 2022	-36.42% Jan 2, 2020 - Jan 6, 2021
#2	-11.26% Mar 6, 2020 - Jun 4, 2020	-23.69% Feb 9, 2022 - Apr 6, 2023
#3	-5.38% Feb 16, 2016 - Jul 25, 2016	-17.55% Jan 22, 2018 - Oct 24, 2019
#4	-3.61% Sep 6, 2016 - Apr 12, 2017	-14.95% Aug 18, 2015 - Aug 10, 2016
#5	-3.57% Aug 22, 2018 - Jan 24, 2019	-11.15% Sep 26, 2024 - Mar 5, 2025
#6	-2.96% Jan 4, 2021 - Jul 6, 2021	-10.60% Mar 18, 2025 - Apr 22, 2025
#7	-2.35% Sep 4, 2019 - Oct 4, 2019	-9.31% Jun 15, 2021 - Jan 12, 2022
#8	-2.06% Dec 15, 2017 - Jul 19, 2018	-8.79% Jul 26, 2023 - Dec 13, 2023
#9	-1.48% Oct 4, 2019 - Dec 3, 2019	-8.02% Feb 27, 2026 - Mar 20, 2026
#10	-1.34% Aug 6, 2020 - Nov 19, 2020	-6.39% May 8, 2023 - Jun 15, 2023
#11	-0.99% Jun 26, 2017 - Aug 3, 2017	-5.63% Dec 9, 2016 - Jan 10, 2017
#12	-0.78% Aug 4, 2021 - Sep 14, 2021	-5.46% Dec 27, 2023 - Mar 20, 2024
#13	-0.77% Jul 19, 2018 - Aug 10, 2018	-4.72% Jan 8, 2021 - Mar 16, 2021
#14	-0.73% Jul 3, 2019 - Aug 1, 2019	-4.35% Nov 2, 2017 - Jan 9, 2018
#15	-0.67% Mar 27, 2019 - Apr 26, 2019	-4.24% May 17, 2024 - Jul 12, 2024

Correlation

Correlation between GTO and HDEF is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.61

-101

Dividend Comparison (2015 - 2026)

GTO vs HDEF dividend yield comparison.

Year	GTO	HDEF
2026	2.31%	2.72%
2025	4.70%	3.88%
2024	4.42%	4.53%
2023	4.05%	4.38%
2022	3.47%	5.41%
2021	1.93%	4.76%
2020	4.04%	3.93%
2019	2.97%	4.20%
2018	5.25%	3.55%
2017	2.81%	3.38%
2016	2.57%	9.52%
2015	0.00%	1.87%