New

Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
ETF Central logo
Advertisement

TIERvsHAWXETF Comparison

ETF 1
TIER

T. Rowe Price International Equity Research ETF

This fund is part of
Global Blended Cap
-1.8%
Full TIER fund page
VS
ETF 2
HAWX

iShares Currency Hedged MSCI ACWI ex U.S. ETF

This fund is part of
Global Blended Cap
-1.8%
Full HAWX fund page

T. Rowe Price International Equity Research ETF (TIER) and iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) belong to the same industry segment: Global Blended Cap. TIER's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, HAWX's top sector exposures are Financials, Information Technology and Industrials. TIER is less expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.7% for HAWX. TIER is up 3.8% year-to-date (YTD) with +$1M in YTD flows. HAWX performs worse with 3.73% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of TIER and HAWX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

TIER vs HAWX performance and flow charts

Performance

-6.0-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

0 M0.5 M1 M1.5 M2 M2.5 MFeb 11Feb 19Feb 26Mar 5Mar 12

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
TIER
HAWX
-4.91%-3.44%
+4.83%+5.13%
+3.80%+3.73%
n/a+25.72%
n/a+70.48%
n/a+70.52%
Flows
TIER
HAWX
-+$936K
+$8M+$4M
+$1M+$3M
-+$13M
-+$50M
-+$129M
Volatility and drawdown
3M1Y3Y5Y
Volatility
TIER
HAWX
+15.42%+13.67%
n/a+15.26%
n/a+12.43%
n/a+13.12%
Max drawdown
TIER
HAWX
-7.56%-6.27%
n/a-13.76%
n/a-13.76%
n/a-17.33%
Max drawdown duration
TIER
HAWX
14d15d
n/a51d
n/a51d
n/a573d
Trading data

Create an account to view trading data

Join for free
TIER
HAWX
Last sale
3/13/2026 at 1:30 PM
$28.58
$40.86
Previous close
03/12/2026
$28.76
$40.98
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

TIER
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
TIER
HAWX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
TIER
HAWX
Last price
$28.58
$40.86
1D performance
-0.60%
-0.28%
AuM$24.85 M$310.93 M
E/R0.38%0.7%
Characteristics
TIER
HAWX
Management strategyActivePassive
ProviderT. Rowe PriceiShares
Benchmark-MSCI ACWI ex USA Index
N° of holdings2771591
Asset class-Equities
Trailing 12m distribution yield
Join
Join
Inception dateJune 25, 2025June 29, 2015
ESGNoNo
Advertisement
Exposure

Countries

TIER
Japan
14.3%
USA
9.82%
United Kingdom
9.17%
Canada
7.28%
Other
59.43%
HAWX
Japan
13.66%
United Kingdom
8.98%
Canada
8.37%
Other
68.99%

Sectors

TIER
Financials
20.52%
Industrials
12.14%
Information Techn.
8.72%
Consumer Discreti.
7.45%
Other
51.17%
HAWX
Financials
23.79%
Information Techn.
15.9%
Industrials
13.83%
Consumer Discreti.
9.18%
Other
37.3%
Advertisement

Diversification

TIER

Total weight of top 15 holdings out of 15

20.21%
HAWX

Total weight of top 15 holdings out of 15

17.17%

Top 15 holdings

Data as of January 31, 2026
TIER
TWN SEMICONT MAN
3.29%
US7960508882
2.16%
TENCENT HOLDINGS
1.80%
USN070592100
1.72%
ALIBABA GROUP HOLDING LTD
1.60%
US8740391003
1.54%
ASTRAZENECA
1.00%
HITACHI
0.95%
SIEMENS
0.94%
ROYAL BK CANADA
0.93%
HSBC HOLDINGS
0.90%
MITSUBISHI UFJ FINANCIAL GROUP
0.88%
SHELL PLC
0.84%
NESTLE SA
0.83%
ROCHE
0.83%
HAWX
TWN SEMICONT MAN
4.02%
ASML HOLDING
1.56%
SAMSUNG ELECTR
1.51%
TENCENT HOLDINGS
1.45%
ALIBABA GROUP HOLDING LTD
1.09%
SK HYNIX
0.93%
ROCHE
0.90%
HSBC HOLDINGS
0.85%
ASTRAZENECA
0.81%
NOVARTIS
0.80%
NESTLE SA
0.70%
ROYAL BK CANADA
0.67%
SIEMENS
0.66%
SHELL PLC
0.63%
TOYOTA
0.61%
Frequently asked questions about TIER and HAWX

How have the TIER and HAWX ETFs performed in 2026?

As of March 11, 2026, TIER is up 3.8% year-to-date (YTD), while HAWX has returned 3.73%. That puts TIER better performer ahead so far this year.

Which ETF is attracting more investor money: TIER or HAWX?

Year-to-date, the TIER ETF saw +$1M in flows, compared to +$3M for HAWX.

Which ETF is bigger: TIER or HAWX?

As of March 11, 2026, TIER holds $24.85 M in assets under management (AUM), while HAWX manages $310.93 M.

What sectors do the TIER and HAWX ETFs invest in?

TIER leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, HAWX focuses on Financials, Information Technology and Industrials.

What are the top holdings of the TIER ETF and HAWX ETF?

TIER top holdings include TWN SEMICONT MAN, US7960508882 and TENCENT HOLDINGS. HAWX holds in its top three: TWN SEMICONT MAN, ASML HOLDING and SAMSUNG ELECTR.

Which ETF is more diversified: TIER or HAWX?

TIER holds 304 securities with 20.21% of its assets in the top 15. HAWX has 1731 securities and a top 15 weight of 17.17%.

Advertisement
Advertisement
Advertisement
The Active Trader Report

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up