Country based

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Country based

Last updated Apr 18, 2025

Asset Allocation

Position	Category/Sector	Target Weight
EPU iShares MSCI Peru ETF	Mid Cap Blend Equities	7.69%
EWG iShares MSCI Germany ETF	Europe Equities	7.69%
EWI iShares MSCI Italy ETF	Europe Equities	7.69%
EWJ iShares MSCI Japan ETF	Japan Equities	7.69%
EWN iShares MSCI Netherlands ETF	Europe Equities	7.69%
EWP iShares MSCI Spain ETF	Europe Equities	7.69%
EWQ iShares MSCI France ETF	Europe Equities	7.69%
EWS iShares MSCI Singapore ETF	Asia Pacific Equities	7.69%
EWU iShares MSCI United Kingdom ETF	Europe Equities	7.69%
EWW iShares MSCI Mexico ETF	Latin America Equities	7.69%
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	Asia Pacific Equities	7.69%
INDA iShares MSCI India ETF	Asia Pacific Equities	7.69%
MCHI iShares MSCI China ETF	China Equities	7.69%

Benchmark

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Country based, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.

Country based

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Feb 3, 2012, corresponding to the inception date of INDA

Returns By Period

As of Apr 18, 2025, the Country based returned 9.95% Year-To-Date and 5.03% of annualized return in the last 10 years.

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	-10.18%	-5.91%	-9.57%	5.19%	12.98%	9.68%
Country based	9.95%	-3.32%	3.52%	12.29%	12.44%	5.03%
Portfolio components:
EWJ iShares MSCI Japan ETF	1.45%	-3.98%	-0.90%	3.81%	7.72%	4.41%
EWU iShares MSCI United Kingdom ETF	9.06%	-2.58%	2.34%	15.15%	12.06%	3.68%
EWG iShares MSCI Germany ETF	17.54%	-4.86%	12.99%	27.08%	12.77%	4.78%
EWQ iShares MSCI France ETF	9.31%	-6.19%	1.60%	1.68%	13.03%	6.54%
INDA iShares MSCI India ETF	-0.72%	4.77%	-6.57%	3.27%	16.40%	6.45%
EWW iShares MSCI Mexico ETF	17.32%	4.81%	5.77%	-11.98%	16.96%	1.68%
MCHI iShares MSCI China ETF	5.19%	-15.54%	3.87%	29.23%	-1.96%	-0.36%
EWN iShares MSCI Netherlands ETF	4.63%	-5.54%	-1.79%	-0.07%	12.33%	7.97%
EWI iShares MSCI Italy ETF	17.13%	-4.08%	10.00%	21.51%	18.87%	6.85%
EWP iShares MSCI Spain ETF	26.41%	0.98%	17.29%	32.92%	17.05%	4.69%
EPU iShares MSCI Peru ETF	9.06%	-2.44%	2.06%	15.84%	16.01%	7.01%
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	6.88%	-4.47%	-10.54%	-10.87%	2.32%	0.70%
EWS iShares MSCI Singapore ETF	5.72%	-1.99%	7.94%	34.40%	9.55%	2.68%

*Annualized

Monthly Returns

The table below presents the monthly returns of Country based, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2025	4.38%	3.19%	2.36%	-0.27%									9.95%
2024	-2.42%	3.34%	4.76%	-1.44%	3.97%	-2.50%	1.92%	1.55%	3.28%	-4.42%	-1.46%	-2.36%	3.76%
2023	10.04%	-3.66%	3.21%	1.82%	-3.47%	5.09%	4.84%	-5.23%	-3.98%	-3.59%	9.12%	5.60%	19.81%
2022	-1.43%	-2.89%	-0.02%	-6.98%	2.07%	-8.85%	2.83%	-4.65%	-8.47%	5.97%	13.87%	-2.23%	-12.31%
2021	-0.72%	3.04%	1.92%	1.56%	3.73%	-1.96%	-1.54%	1.74%	-3.33%	3.54%	-5.33%	4.29%	6.62%
2020	-3.69%	-6.57%	-18.82%	6.47%	4.79%	5.15%	3.53%	4.24%	-2.24%	-2.32%	16.09%	5.74%	8.40%
2019	7.10%	1.41%	0.94%	3.09%	-6.93%	6.21%	-3.22%	-2.51%	3.16%	3.62%	0.16%	4.56%	18.00%
2018	6.57%	-5.82%	0.43%	1.95%	-4.35%	-2.40%	3.24%	-3.63%	-0.22%	-9.35%	1.97%	-3.37%	-14.93%
2017	4.18%	1.30%	5.11%	2.16%	4.01%	0.61%	4.49%	0.58%	1.36%	2.68%	0.26%	1.07%	31.42%
2016	-6.09%	-1.90%	10.31%	2.80%	-2.16%	-1.16%	4.37%	0.74%	0.87%	-1.00%	-3.84%	2.84%	4.88%
2015	-0.34%	5.10%	-1.29%	4.00%	-1.29%	-2.42%	-0.88%	-8.11%	-3.36%	6.60%	-2.40%	-3.21%	-8.19%
2014	-5.61%	4.25%	1.50%	1.45%	2.41%	1.31%	-1.36%	0.72%	-4.06%	-1.00%	0.60%	-4.13%	-4.33%

Expense Ratio

Country based has an expense ratio of 0.54%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

IKOR.L

iShares MSCI Korea UCITS ETF (Dist)

IKOR.L: 0.74%

INDA

iShares MSCI India ETF

INDA: 0.69%

MCHI

iShares MSCI China ETF

MCHI: 0.59%

EPU

iShares MSCI Peru ETF

EPU: 0.59%

EWU

iShares MSCI United Kingdom ETF

EWU: 0.50%

EWQ

iShares MSCI France ETF

EWQ: 0.50%

EWN

iShares MSCI Netherlands ETF

EWN: 0.50%

EWP

iShares MSCI Spain ETF

EWP: 0.50%

EWS

iShares MSCI Singapore ETF

EWS: 0.50%

EWJ

iShares MSCI Japan ETF

EWJ: 0.49%

EWG

iShares MSCI Germany ETF

EWG: 0.49%

EWW

iShares MSCI Mexico ETF

EWW: 0.49%

EWI

iShares MSCI Italy ETF

EWI: 0.49%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Country based is 61, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. 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.

Sharpe ratio

Portfolio: 0.55

^GSPC: 0.24

Sortino ratio

Portfolio: 0.87

^GSPC: 0.47

Omega ratio

Portfolio: 1.12

^GSPC: 1.07

Calmar ratio

Portfolio: 0.70

^GSPC: 0.24

Martin ratio

Portfolio: 2.01

^GSPC: 1.08

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
EWJ iShares MSCI Japan ETF	0.22	0.45	1.06	0.32	0.94
EWU iShares MSCI United Kingdom ETF	0.70	1.02	1.15	0.90	2.79
EWG iShares MSCI Germany ETF	1.24	1.86	1.25	1.60	6.31
EWQ iShares MSCI France ETF	0.01	0.15	1.02	0.01	0.02
INDA iShares MSCI India ETF	0.04	0.16	1.02	0.04	0.08
EWW iShares MSCI Mexico ETF	-0.47	-0.47	0.94	-0.42	-0.62
MCHI iShares MSCI China ETF	0.62	1.10	1.15	0.39	1.59
EWN iShares MSCI Netherlands ETF	-0.05	0.09	1.01	-0.06	-0.13
EWI iShares MSCI Italy ETF	0.87	1.32	1.18	1.09	3.99
EWP iShares MSCI Spain ETF	1.34	1.83	1.26	2.33	5.69
EPU iShares MSCI Peru ETF	0.55	0.90	1.12	0.86	2.09
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	-0.53	-0.63	0.93	-0.27	-0.83
EWS iShares MSCI Singapore ETF	1.38	2.00	1.32	1.67	9.22

The current Country based Sharpe ratio is 0.55. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 0.21 to 0.77, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.

Use the chart below to compare the Sharpe ratio of Country based with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Country based

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

Country based provided a 2.88% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	2.88%	3.20%	2.85%	2.77%	3.07%	1.52%	2.71%	2.69%	2.16%	2.45%	2.34%	2.57%
Portfolio components:
EWJ iShares MSCI Japan ETF	2.31%	2.34%	2.03%	1.23%	2.08%	1.04%	2.03%	1.71%	1.25%	1.95%	1.27%	1.32%
EWU iShares MSCI United Kingdom ETF	3.81%	4.16%	4.14%	3.42%	4.35%	2.48%	4.13%	4.98%	3.91%	3.97%	4.11%	7.59%
EWG iShares MSCI Germany ETF	2.03%	2.38%	2.56%	3.24%	2.70%	2.10%	2.51%	2.93%	2.06%	2.35%	1.93%	2.30%
EWQ iShares MSCI France ETF	3.03%	3.31%	2.73%	3.23%	3.79%	1.02%	2.44%	2.90%	1.90%	2.84%	2.25%	3.38%
INDA iShares MSCI India ETF	0.76%	0.76%	0.16%	0.00%	6.44%	0.27%	1.00%	0.94%	1.09%	0.91%	1.19%	0.63%
EWW iShares MSCI Mexico ETF	3.74%	4.39%	2.19%	3.64%	2.06%	1.43%	2.92%	2.30%	2.22%	1.77%	2.34%	1.23%
MCHI iShares MSCI China ETF	2.20%	2.31%	3.49%	2.16%	1.04%	1.04%	1.45%	1.60%	1.56%	1.66%	2.76%	2.35%
EWN iShares MSCI Netherlands ETF	2.09%	2.18%	1.79%	1.98%	1.02%	0.78%	2.58%	2.40%	1.68%	2.71%	1.92%	2.30%
EWI iShares MSCI Italy ETF	3.48%	4.07%	3.40%	4.57%	2.63%	1.65%	3.80%	4.70%	2.19%	3.64%	2.31%	2.51%
EWP iShares MSCI Spain ETF	3.44%	4.35%	2.70%	3.07%	3.29%	2.56%	3.72%	3.69%	2.72%	4.65%	3.85%	4.72%
EPU iShares MSCI Peru ETF	5.30%	5.78%	4.17%	5.56%	3.13%	1.91%	2.67%	1.53%	3.30%	0.85%	1.91%	1.66%
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	1.21%	1.31%	1.14%	1.34%	1.36%	0.76%	1.28%	1.07%	0.72%	0.57%	0.43%	0.09%
EWS iShares MSCI Singapore ETF	4.05%	4.28%	6.49%	2.56%	6.00%	2.68%	4.70%	4.21%	3.46%	3.96%	4.20%	3.35%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

Country based

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Country based. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Country based was 40.57%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.

The current Country based drawdown is 3.60%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-40.57%	Jan 29, 2018	553	Mar 23, 2020	198	Dec 29, 2020	751
-29.02%	Jun 7, 2021	341	Sep 27, 2022	320	Dec 26, 2023	661
-27.83%	Jul 4, 2014	413	Feb 11, 2016	314	May 5, 2017	727
-17.49%	Mar 20, 2012	53	Jun 1, 2012	75	Sep 14, 2012	128
-13.49%	Mar 20, 2025	14	Apr 8, 2025	—	—	—

Volatility

Volatility Chart

The current Country based volatility is 11.10%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Country based

Benchmark (^GSPC)

Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	IKOR.L	EPU	INDA	MCHI	EWW	EWJ	EWS	EWP	EWI	EWU	EWN	EWG	EWQ
IKOR.L	1.00	0.42	0.44	0.51	0.44	0.45	0.54	0.40	0.42	0.50	0.50	0.50	0.48
EPU	0.42	1.00	0.42	0.49	0.51	0.43	0.51	0.46	0.46	0.56	0.49	0.50	0.51
INDA	0.44	0.42	1.00	0.50	0.50	0.49	0.53	0.49	0.50	0.55	0.54	0.54	0.54
MCHI	0.51	0.49	0.50	1.00	0.50	0.51	0.62	0.47	0.50	0.57	0.58	0.55	0.55
EWW	0.44	0.51	0.50	0.50	1.00	0.49	0.55	0.54	0.54	0.59	0.57	0.57	0.59
EWJ	0.45	0.43	0.49	0.51	0.49	1.00	0.57	0.57	0.60	0.64	0.65	0.64	0.64
EWS	0.54	0.51	0.53	0.62	0.55	0.57	1.00	0.57	0.58	0.65	0.63	0.62	0.63
EWP	0.40	0.46	0.49	0.47	0.54	0.57	0.57	1.00	0.85	0.74	0.75	0.79	0.83
EWI	0.42	0.46	0.50	0.50	0.54	0.60	0.58	0.85	1.00	0.76	0.78	0.83	0.86
EWU	0.50	0.56	0.55	0.57	0.59	0.64	0.65	0.74	0.76	1.00	0.78	0.80	0.83
EWN	0.50	0.49	0.54	0.58	0.57	0.65	0.63	0.75	0.78	0.78	1.00	0.87	0.87
EWG	0.50	0.50	0.54	0.55	0.57	0.64	0.62	0.79	0.83	0.80	0.87	1.00	0.91
EWQ	0.48	0.51	0.54	0.55	0.59	0.64	0.63	0.83	0.86	0.83	0.87	0.91	1.00

The correlation results are calculated based on daily price changes starting from Feb 6, 2012

Performance Analysis

Risk Analysis

Optimization

Factor Model

Country based

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community