PortfoliosLab logo
​
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Screeners
Discussions
Country ETFs
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Country ETFs

Last updated Jul 25, 2024

Asset Allocation

EGPT 2.13%PAK 2.13%EPOL 2.13%GREK 2.13%ARGT 2.13%INDA 2.13%EIRL 2.13%GXG 2.13%VTI 2.13%EWW 2.13%EDEN 2.13%EWJ 2.13%EWZ 2.13%EWI 2.13%EPU 2.13%EWP 2.13%EWT 2.13%TUR 2.13%EWN 2.13%EWD 2.13%KSA 2.13%EWQ 2.13%EWL 2.13%EWG 2.13%EWO 2.13%UAE 2.13%VNM 2.13%EWC 2.13%EWU 2.13%PGAL 2.13%EIS 2.13%NORW 2.13%EWA 2.13%EWK 2.13%EIDO 2.13%EWY 2.13%EPHE 2.13%QAT 2.13%EWS 2.13%EWM 2.13%ENZL 2.13%ECH 2.13%EZA 2.13%THD 2.13%EWH 2.13%NGE 2.13%FXI 2.13%EquityEquity
PositionCategory/SectorWeight
ARGT
Global X MSCI Argentina ETF		Latin America Equities

2.13%

ECH
iShares MSCI Chile ETF		Foreign Large Cap Equities

2.13%

EDEN
iShares MSCI Denmark ETF		Europe Equities

2.13%

EGPT
VanEck Vectors Egypt Index ETF		Emerging Markets Equities

2.13%

EIDO
iShares MSCI Indonesia ETF		Asia Pacific Equities

2.13%

EIRL
iShares MSCI Ireland ETF		Europe Equities

2.13%

EIS
iShares MSCI Israel ETF		Large Cap Blend Equities

2.13%

ENZL
iShares MSCI New Zealand ETF		Asia Pacific Equities

2.13%

EPHE
iShares MSCI Philippines ETF		Asia Pacific Equities

2.13%

EPOL
iShares MSCI Poland ETF		Europe Equities

2.13%

EPU
iShares MSCI Peru ETF		Mid Cap Blend Equities

2.13%

EWA
iShares MSCI-Australia ETF		Asia Pacific Equities

2.13%

EWC
iShares MSCI Canada ETF		Canada Equities

2.13%

EWD
iShares MSCI Sweden ETF		Europe Equities

2.13%

EWG
iShares MSCI Germany ETF		Europe Equities

2.13%

EWH
iShares MSCI Hong Kong ETF		Asia Pacific Equities

2.13%

EWI
iShares MSCI Italy ETF		Europe Equities

2.13%

EWJ
iShares MSCI Japan ETF		Japan Equities

2.13%

EWK
iShares MSCI Belgium ETF		Europe Equities

2.13%

EWL
iShares MSCI Switzerland ETF		Europe Equities

2.13%

EWM

2.13%

EWN

2.13%

EWO

2.13%

EWP

2.13%

EWQ

2.13%

EWS

2.13%

EWT

2.13%

EWU

2.13%

EWW

2.13%

EWY

2.13%

EWZ

2.13%

EZA

2.13%

FXI

2.13%

GREK

2.13%

GXG

2.13%

INDA

2.13%

KSA

2.13%

NGE

2.13%

NORW

2.13%

PAK

2.13%

PGAL

2.13%

QAT

2.13%

THD

2.13%

TUR

2.13%

UAE

2.13%

VNM

2.13%

VTI

2.13%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Country ETFs, 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 Quarterly

50.00%100.00%150.00%200.00%FebruaryMarchAprilMayJuneJuly
53.92%
171.29%
Country ETFs
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jan 26, 2012, corresponding to the inception date of EDEN

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		13.20%-1.28%10.32%18.23%12.31%10.58%
Country ETFs2.98%1.07%4.17%3.70%4.60%N/A
Portfolio components:
EGPT
VanEck Vectors Egypt Index ETF		-11.22%0.00%-19.69%-95.86%-48.80%N/A
PAK
0.84%0.00%-0.44%28.36%-2.18%N/A
EPOL
iShares MSCI Poland ETF		6.93%-1.86%13.92%20.64%3.25%0.21%
GREK
14.20%6.68%9.05%10.29%10.47%N/A
ARGT
Global X MSCI Argentina ETF		9.48%-1.61%4.75%24.72%12.54%11.15%
INDA
14.26%1.00%13.38%26.09%12.02%N/A
EIRL
iShares MSCI Ireland ETF		10.61%2.94%7.84%14.52%10.92%8.19%
GXG
8.84%0.63%6.35%17.63%-3.02%N/A
VTI
13.14%-0.48%10.85%20.07%13.36%N/A
EWW
-16.04%0.39%-14.19%-10.10%8.81%N/A
EDEN
iShares MSCI Denmark ETF		12.49%-1.30%11.08%19.66%16.62%10.86%
EWJ
iShares MSCI Japan ETF		6.46%0.70%4.42%9.31%6.13%5.01%
EWZ
-18.86%0.37%-14.99%-11.21%-3.39%N/A
EWI
iShares MSCI Italy ETF		12.12%2.63%13.69%16.29%9.42%4.25%
EPU
iShares MSCI Peru ETF		20.65%0.52%22.83%28.24%5.51%3.94%
EWP
8.24%3.89%12.89%14.49%6.06%N/A
EWT
12.25%-3.62%14.82%21.13%15.54%N/A
TUR
32.98%3.19%21.64%34.71%13.63%N/A
EWN
8.87%-4.26%5.76%10.59%10.39%N/A
EWD
iShares MSCI Sweden ETF		0.96%-2.32%6.89%14.61%8.75%4.64%
KSA
-0.21%3.20%-2.04%0.84%6.95%N/A
EWQ
-0.74%-0.68%-0.31%1.00%7.43%N/A
EWL
iShares MSCI Switzerland ETF		4.53%2.30%5.52%5.61%7.90%6.16%
EWG
iShares MSCI Germany ETF		6.76%1.88%7.85%9.15%5.05%2.77%
EWO
8.24%3.22%9.57%16.03%6.37%N/A
UAE
0.63%6.81%-0.38%-0.98%3.78%N/A
VNM
-7.74%-2.93%-7.38%-12.99%-4.84%N/A
EWC
iShares MSCI Canada ETF		4.57%2.90%5.17%9.35%8.13%3.75%
EWU
9.52%1.34%10.90%12.06%5.87%N/A
PGAL
-3.05%0.00%0.83%-1.49%2.59%N/A
EIS
iShares MSCI Israel ETF		10.83%6.04%10.65%16.71%4.40%3.56%
NORW
1.64%-1.16%4.85%7.12%7.38%N/A
EWA
iShares MSCI-Australia ETF		1.89%0.37%4.68%8.83%5.57%3.52%
EWK
iShares MSCI Belgium ETF		4.86%4.76%8.17%5.15%2.92%3.75%
EIDO
iShares MSCI Indonesia ETF		-7.57%6.86%-3.37%-10.87%-2.81%-1.84%
EWY
-2.24%-1.81%7.66%-0.89%4.15%N/A
EPHE
iShares MSCI Philippines ETF		-2.29%6.11%-3.95%-5.52%-5.79%-3.03%
QAT
-0.49%3.61%1.61%-4.29%2.68%N/A
EWS
6.25%2.31%11.00%4.78%-0.17%N/A
EWM
10.16%2.95%10.84%10.64%-1.29%N/A
ENZL
iShares MSCI New Zealand ETF		-4.32%1.50%-1.06%-3.08%-1.13%4.38%
ECH
iShares MSCI Chile ETF		-6.53%-0.62%1.68%-14.36%-4.15%-2.58%
EZA
5.74%0.32%11.50%2.67%1.20%N/A
THD
-12.49%-0.05%-6.38%-18.18%-7.55%N/A
EWH
iShares MSCI Hong Kong ETF		-10.72%-1.43%-4.62%-18.70%-7.29%-0.53%
NGE
-31.50%0.00%-31.12%-45.38%-11.40%N/A
FXI
6.00%-4.26%12.70%-8.33%-7.58%N/A

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.18%2.41%1.79%-1.54%3.37%-1.52%2.98%
20237.47%-3.75%1.45%2.45%-3.83%5.66%5.20%-4.89%-3.65%-3.65%8.85%3.24%14.02%
20220.09%-1.39%2.07%-5.75%0.68%-9.68%3.29%-2.29%-9.20%5.43%10.58%-1.47%-9.10%
2021-0.93%1.92%2.27%2.55%3.23%-1.13%-1.13%3.08%-4.15%3.62%-5.12%3.40%7.33%
2020-3.84%-8.35%-19.17%8.35%5.12%3.87%4.13%2.79%-2.88%-1.94%14.77%6.70%5.21%
20198.28%0.65%0.04%2.18%-4.79%5.14%-1.96%-3.90%2.27%2.30%0.68%4.46%15.60%
20186.33%-4.86%-0.18%0.29%-3.66%-2.65%3.55%-3.33%-0.24%-6.70%1.73%-3.72%-13.33%
20174.09%0.83%3.24%2.52%2.80%1.05%3.49%0.62%0.68%0.67%-0.96%3.93%25.38%
2016-5.05%0.02%9.69%2.37%-2.20%0.18%3.57%0.13%0.83%-1.57%-3.16%2.49%6.72%
2015-4.84%5.34%-3.16%-1.88%-4.75%

Expense Ratio

Country ETFs features an expense ratio of 0.57%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

EGPT
VanEck Vectors Egypt Index ETF
Expense ratio chart for EGPT: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%
EPOL
iShares MSCI Poland ETF
Expense ratio chart for EPOL: current value at 0.61% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.61%
ARGT
Global X MSCI Argentina ETF
Expense ratio chart for ARGT: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
EIRL
iShares MSCI Ireland ETF
Expense ratio chart for EIRL: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
EPU
iShares MSCI Peru ETF
Expense ratio chart for EPU: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
EIS
iShares MSCI Israel ETF
Expense ratio chart for EIS: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
EIDO
iShares MSCI Indonesia ETF
Expense ratio chart for EIDO: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
EPHE
iShares MSCI Philippines ETF
Expense ratio chart for EPHE: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
EWD
iShares MSCI Sweden ETF
Expense ratio chart for EWD: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
EDEN
iShares MSCI Denmark ETF
Expense ratio chart for EDEN: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
EWA
iShares MSCI-Australia ETF
Expense ratio chart for EWA: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
EWJ
iShares MSCI Japan ETF
Expense ratio chart for EWJ: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
EWI
iShares MSCI Italy ETF
Expense ratio chart for EWI: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
ECH
iShares MSCI Chile ETF
Expense ratio chart for ECH: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
EWL
iShares MSCI Switzerland ETF
Expense ratio chart for EWL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
EWG
iShares MSCI Germany ETF
Expense ratio chart for EWG: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
EWC
iShares MSCI Canada ETF
Expense ratio chart for EWC: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
ENZL
iShares MSCI New Zealand ETF
Expense ratio chart for ENZL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
EWK
iShares MSCI Belgium ETF
Expense ratio chart for EWK: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
EWH
iShares MSCI Hong Kong ETF
Expense ratio chart for EWH: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Country ETFs is 6, indicating that it is in the bottom 6% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of Country ETFs is 66
Country ETFs
The Sharpe Ratio Rank of Country ETFs is 66Sharpe Ratio Rank
The Sortino Ratio Rank of Country ETFs is 55Sortino Ratio Rank
The Omega Ratio Rank of Country ETFs is 55Omega Ratio Rank
The Calmar Ratio Rank of Country ETFs is 99Calmar Ratio Rank
The Martin Ratio Rank of Country ETFs is 66Martin 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.

Country ETFs
Sharpe ratio
The chart of Sharpe ratio for Country ETFs, currently valued at 0.30, compared to the broader market-1.000.001.002.003.004.000.30
Sortino ratio
The chart of Sortino ratio for Country ETFs, currently valued at 0.50, compared to the broader market-2.000.002.004.006.000.50
Omega ratio
The chart of Omega ratio for Country ETFs, currently valued at 1.06, compared to the broader market0.801.001.201.401.601.801.06
Calmar ratio
The chart of Calmar ratio for Country ETFs, currently valued at 0.26, compared to the broader market0.002.004.006.008.000.26
Martin ratio
The chart of Martin ratio for Country ETFs, currently valued at 0.72, compared to the broader market0.0010.0020.0030.0040.000.72
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.58, compared to the broader market-1.000.001.002.003.004.001.58
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.22, compared to the broader market-2.000.002.004.006.002.22
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.28, compared to the broader market0.801.001.201.401.601.801.28
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.29, compared to the broader market0.002.004.006.008.001.29
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 5.98, compared to the broader market0.0010.0020.0030.0040.005.98
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
EGPT
VanEck Vectors Egypt Index ETF		-0.95-1.030.35-0.99-1.31
PAK
1.402.041.340.385.49
EPOL
iShares MSCI Poland ETF		0.751.241.140.492.54
GREK
0.440.751.090.391.08
ARGT
Global X MSCI Argentina ETF		0.701.231.141.032.44
INDA
1.862.381.362.1613.54
EIRL
iShares MSCI Ireland ETF		0.861.351.160.892.65
GXG
0.821.251.150.372.24
VTI
1.622.291.281.375.98
EWW
-0.36-0.320.96-0.42-0.93
EDEN
iShares MSCI Denmark ETF		1.101.701.191.064.10
EWJ
iShares MSCI Japan ETF		0.731.111.130.532.65
EWZ
-0.61-0.760.92-0.56-1.27
EWI
iShares MSCI Italy ETF		1.101.611.181.303.55
EPU
iShares MSCI Peru ETF		1.462.131.251.174.07
EWP
0.951.441.171.093.25
EWT
1.151.631.200.824.31
TUR
1.582.201.262.155.23
EWN
0.630.991.120.381.52
EWD
iShares MSCI Sweden ETF		0.671.051.120.382.10
KSA
-0.010.091.01-0.01-0.03
EWQ
0.060.191.020.060.17
EWL
iShares MSCI Switzerland ETF		0.490.791.090.341.21
EWG
iShares MSCI Germany ETF		0.651.011.120.361.61
EWO
1.031.521.180.573.55
UAE
-0.08-0.011.00-0.05-0.20
VNM
-0.53-0.590.93-0.28-0.97
EWC
iShares MSCI Canada ETF		0.570.911.110.411.92
EWU
0.891.311.151.072.90
PGAL
-0.17-0.150.98-0.14-0.36
EIS
iShares MSCI Israel ETF		0.881.301.170.422.56
NORW
0.280.521.060.191.18
EWA
iShares MSCI-Australia ETF		0.490.791.090.451.58
EWK
iShares MSCI Belgium ETF		0.250.451.050.150.67
EIDO
iShares MSCI Indonesia ETF		-0.75-0.980.89-0.40-1.26
EWY
-0.15-0.080.99-0.08-0.43
EPHE
iShares MSCI Philippines ETF		-0.43-0.500.94-0.16-0.73
QAT
-0.19-0.170.98-0.08-0.31
EWS
0.390.651.080.250.80
EWM
1.161.801.210.373.88
ENZL
iShares MSCI New Zealand ETF		-0.22-0.200.98-0.10-0.48
ECH
iShares MSCI Chile ETF		-0.73-0.940.90-0.34-1.04
EZA
0.060.291.030.050.15
THD
-1.09-1.530.84-0.48-1.26
EWH
iShares MSCI Hong Kong ETF		-0.87-1.200.87-0.41-1.13
NGE
-1.64-2.350.59-0.61-1.30
FXI
-0.32-0.300.97-0.15-0.53

Sharpe Ratio

The current Country ETFs Sharpe ratio is 0.36. 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 1.24 to 1.94, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Country ETFs 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.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
0.30
1.58
Country ETFs
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Country ETFs granted a 4.72% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
Country ETFs4.72%4.67%3.76%3.09%1.81%2.88%2.95%2.37%2.56%3.35%2.38%1.99%
Portfolio components:
EGPT
VanEck Vectors Egypt Index ETF		6.94%6.02%0.00%0.13%0.12%0.09%0.08%0.04%0.00%0.10%0.32%0.15%
PAK
3.88%5.94%9.17%8.36%2.49%3.49%5.62%3.53%2.97%2.80%0.00%0.00%
EPOL
iShares MSCI Poland ETF		4.56%2.87%2.65%1.33%1.44%2.51%1.44%1.88%2.14%2.53%3.44%3.28%
GREK
2.07%2.61%2.82%2.16%2.62%2.25%2.41%2.13%1.95%1.52%0.97%0.12%
ARGT
Global X MSCI Argentina ETF		1.32%1.59%2.45%0.93%0.28%1.21%1.34%0.49%0.36%0.89%0.47%0.62%
INDA
0.00%0.16%0.00%6.44%0.27%0.99%0.94%1.09%0.90%1.19%0.63%0.40%
EIRL
iShares MSCI Ireland ETF		1.46%1.00%1.13%0.82%0.50%2.11%1.52%1.44%1.34%1.70%2.26%1.65%
GXG
6.40%6.99%12.55%2.32%3.23%3.04%3.03%1.83%1.48%1.58%3.20%4.10%
VTI
1.37%1.44%1.66%1.21%1.42%1.78%2.04%1.71%1.92%1.98%1.76%1.74%
EWW
2.66%2.19%3.63%2.06%1.42%2.91%2.29%2.21%1.76%2.31%1.22%1.93%
EDEN
iShares MSCI Denmark ETF		1.25%1.92%1.47%0.74%0.42%2.36%2.01%2.03%1.28%1.46%0.87%0.86%
EWJ
iShares MSCI Japan ETF		2.04%2.03%1.23%2.08%1.04%2.03%1.71%1.25%1.95%1.27%1.32%1.11%
EWZ
7.78%5.66%12.59%9.87%1.71%2.54%2.89%1.71%1.81%4.07%3.77%3.22%
EWI
iShares MSCI Italy ETF		3.57%3.40%4.57%2.63%1.66%3.80%4.71%2.19%3.64%2.31%2.51%2.19%
EPU
iShares MSCI Peru ETF		4.20%4.17%5.56%3.13%1.91%2.67%1.53%3.30%0.85%1.90%1.66%1.72%
EWP
3.09%2.70%3.07%3.29%2.56%3.72%3.69%2.72%4.65%3.85%4.72%2.84%
EWT
10.70%12.01%18.82%2.64%1.83%2.49%3.16%2.81%2.39%3.12%1.93%1.82%
TUR
2.00%4.43%1.97%4.22%0.87%3.29%4.05%2.64%2.89%3.04%1.63%2.34%
EWN
1.88%1.79%1.98%1.01%0.78%2.57%2.40%1.68%2.71%1.92%2.30%1.50%
EWD
iShares MSCI Sweden ETF		4.11%2.41%3.68%5.46%0.98%4.15%5.17%3.23%3.91%4.08%3.92%3.47%
KSA
2.77%2.44%1.93%1.58%1.76%2.15%2.51%2.30%3.05%0.04%0.00%0.00%
EWQ
3.07%2.73%3.23%3.79%1.02%2.44%2.90%1.90%2.84%2.25%3.37%2.43%
EWL
iShares MSCI Switzerland ETF		2.06%2.12%2.04%1.73%1.45%1.85%2.56%2.05%2.75%2.58%2.49%1.83%
EWG
iShares MSCI Germany ETF		2.46%2.56%3.24%2.69%2.08%2.51%2.93%2.03%2.31%1.90%2.27%1.35%
EWO
7.21%5.66%4.75%2.42%0.98%3.11%4.04%2.03%1.99%1.51%3.93%2.02%
UAE
4.32%3.25%2.67%4.88%4.75%3.54%5.56%3.38%4.74%3.77%2.58%0.00%
VNM
5.65%5.21%0.96%0.49%0.40%0.76%0.83%0.99%2.43%3.68%2.65%3.18%
EWC
iShares MSCI Canada ETF		2.20%2.27%2.34%1.85%2.09%2.16%2.65%1.97%1.75%2.34%2.15%2.37%
EWU
4.03%4.14%3.43%4.35%2.48%4.13%4.99%3.91%3.97%4.11%7.59%2.39%
PGAL
0.66%4.15%3.33%3.43%2.41%3.49%4.60%3.05%4.29%4.53%2.23%0.00%
EIS
iShares MSCI Israel ETF		1.21%1.39%1.66%1.04%0.16%2.06%0.87%2.02%1.78%2.55%1.86%2.20%
NORW
5.22%5.27%4.01%2.42%1.13%2.46%3.53%3.64%3.79%2.95%3.85%2.58%
EWA
iShares MSCI-Australia ETF		3.93%3.72%5.28%5.08%2.02%3.97%6.11%4.44%4.03%5.48%4.92%4.68%
EWK
iShares MSCI Belgium ETF		2.21%2.09%2.58%3.64%1.66%2.77%2.78%2.91%1.75%2.06%1.85%4.62%
EIDO
iShares MSCI Indonesia ETF		4.21%2.94%2.53%1.33%1.51%1.78%1.99%1.26%1.16%1.67%1.32%2.03%
EWY
2.58%2.52%1.23%2.16%0.73%2.10%1.34%2.90%1.21%2.42%1.20%1.39%
EPHE
iShares MSCI Philippines ETF		2.30%2.01%1.73%1.05%0.72%0.78%0.45%0.36%0.71%1.03%0.97%1.05%
QAT
4.47%3.92%4.78%2.33%2.63%3.57%4.63%4.10%3.51%4.49%0.00%0.00%
EWS
4.54%6.50%2.56%6.00%2.68%4.70%4.21%3.46%3.96%4.20%3.35%3.77%
EWM
3.19%3.47%3.00%6.48%1.89%2.91%3.84%5.58%5.97%37.54%4.03%3.03%
ENZL
iShares MSCI New Zealand ETF		2.89%3.00%1.62%2.46%1.66%3.35%3.60%3.69%4.76%4.29%5.15%3.95%
ECH
iShares MSCI Chile ETF		3.40%4.77%6.73%5.49%2.16%2.47%2.37%1.42%1.85%2.13%1.74%1.42%
EZA
2.60%2.84%3.90%2.05%5.51%12.27%3.81%1.55%4.10%3.03%2.20%2.44%
THD
3.29%2.92%2.41%3.16%2.31%2.42%2.57%2.16%2.61%3.58%2.33%2.93%
EWH
iShares MSCI Hong Kong ETF		5.14%4.28%2.91%2.78%2.56%2.71%2.93%4.35%3.08%2.63%3.52%2.96%
NGE
62.28%58.96%8.08%7.90%6.76%6.31%5.49%1.92%2.46%4.30%2.90%1.05%
FXI
2.73%3.17%2.60%1.59%2.18%2.72%2.68%2.30%2.68%2.89%2.50%2.63%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly
-3.09%
-4.73%
Country ETFs
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Country ETFs. 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 ETFs was 41.64%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.

The current Country ETFs drawdown is 2.72%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-41.64%Jan 29, 2018541Mar 23, 2020200Jan 6, 2021741
-23.54%Jun 15, 2021328Sep 30, 2022204Jul 26, 2023532
-17.26%Oct 26, 201559Jan 20, 201662Apr 19, 2016121
-12.7%Aug 1, 202363Oct 27, 202385Mar 1, 2024148
-8.51%Jun 9, 201613Jun 27, 201623Jul 29, 201636

Volatility

Volatility Chart

The current Country ETFs volatility is 2.80%, 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.

1.50%2.00%2.50%3.00%3.50%4.00%FebruaryMarchAprilMayJuneJuly
2.80%
3.80%
Country ETFs
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.
EGPTPAKNGEQATUAEKSATURVNMEPHEGXGENZLEWZGREKECHEPUEIDOEWMTHDARGTINDAEWHEISPGALFXIEDENEWWEWJEPOLEIRLEZAEWSEWTNORWEWYEWLEWOEWPEWKVTIEWIEWCEWAEWDEWUEWNEWGEWQ
EGPT1.000.01-0.010.020.00-0.01-0.010.02-0.030.00-0.02-0.030.00-0.000.01-0.01-0.00-0.01-0.050.00-0.02-0.01-0.01-0.05-0.02-0.010.01-0.01-0.00-0.020.00-0.00-0.00-0.01-0.01-0.030.01-0.01-0.02-0.01-0.02-0.010.00-0.01-0.010.01-0.01
PAK0.011.000.090.100.100.070.110.130.130.160.150.150.140.140.160.170.160.170.150.160.170.150.150.160.130.160.160.170.160.180.160.200.150.200.140.160.160.170.200.170.180.180.170.170.180.170.17
NGE-0.010.091.000.080.130.130.120.130.140.180.160.170.170.150.160.160.190.160.190.160.170.170.180.160.150.180.190.180.160.180.180.170.180.180.180.200.200.180.210.210.230.230.190.200.200.200.21
QAT0.020.100.081.000.340.300.200.220.250.250.220.260.240.260.250.260.270.270.240.250.240.250.220.260.210.270.250.260.250.290.270.280.250.280.260.260.250.260.280.250.310.300.270.290.270.270.27
UAE0.000.100.130.341.000.330.250.230.290.270.230.310.280.290.290.330.310.310.300.330.290.310.270.310.250.300.310.310.270.330.310.350.290.330.290.310.280.290.350.310.350.320.310.340.330.320.33
KSA-0.010.070.130.300.331.000.230.240.300.310.270.330.290.310.330.320.330.340.320.340.320.310.290.340.260.350.330.340.330.370.350.350.330.340.330.320.330.330.380.340.410.360.350.370.350.350.37
TUR-0.010.110.120.200.250.231.000.250.280.310.310.340.300.340.310.370.350.350.330.390.320.310.310.320.300.370.320.380.320.420.350.370.320.380.320.350.340.340.320.330.350.360.340.360.360.360.37
VNM0.020.130.130.220.230.240.251.000.340.300.330.320.330.320.310.370.380.390.340.370.400.380.320.430.350.360.410.360.360.390.400.460.370.460.380.370.360.360.450.370.410.410.370.410.420.400.40
EPHE-0.030.130.140.250.290.300.280.341.000.390.360.430.340.400.410.510.510.480.380.470.430.380.360.440.350.470.410.440.400.510.470.500.400.500.410.400.410.410.450.410.480.470.430.470.450.440.45
GXG0.000.160.180.250.270.310.310.300.391.000.360.490.360.520.530.420.430.410.500.410.400.400.450.410.380.520.430.470.430.530.480.460.510.470.440.520.490.480.460.490.600.530.500.530.460.490.50
ENZL-0.020.150.160.220.230.270.310.330.360.361.000.410.390.410.430.410.420.430.430.420.410.440.440.420.450.440.460.480.490.490.520.480.480.500.510.470.470.500.520.480.550.650.510.550.530.520.53
EWZ-0.030.150.170.260.310.330.340.320.430.490.411.000.380.540.500.450.480.440.570.450.420.390.400.440.370.570.430.490.420.570.470.480.450.490.440.470.470.460.460.470.540.530.470.510.460.470.49
GREK0.000.140.170.240.280.290.300.330.340.360.390.381.000.380.400.420.410.400.410.440.390.450.470.380.480.460.460.510.530.470.460.460.500.460.530.570.560.550.520.580.530.530.550.560.570.580.60
ECH-0.000.140.150.260.290.310.340.320.400.520.410.540.381.000.550.470.470.460.550.440.450.440.410.480.410.550.470.490.470.570.510.510.500.530.470.500.480.490.500.480.570.550.530.540.520.520.53
EPU0.010.160.160.250.290.330.310.310.410.530.430.500.400.551.000.440.460.470.530.430.460.440.450.490.410.520.440.510.480.580.520.510.510.500.460.520.480.490.490.490.630.570.520.580.500.510.52
EIDO-0.010.170.160.260.330.320.370.370.510.420.410.450.420.470.441.000.560.530.430.540.470.410.410.500.400.520.490.510.430.580.560.570.470.580.470.480.480.480.500.480.510.530.500.520.510.500.52
EWM-0.000.160.190.270.310.330.350.380.510.430.420.480.410.470.460.561.000.560.440.510.500.420.430.530.420.510.490.510.450.600.580.580.460.600.500.450.470.470.510.480.550.560.500.530.520.510.53
THD-0.010.170.160.270.310.340.350.390.480.410.430.440.400.460.470.530.561.000.440.530.520.460.440.550.430.490.500.540.470.580.560.580.490.600.490.480.470.490.500.490.540.550.520.540.530.530.54
ARGT-0.050.150.190.240.300.320.330.340.380.500.430.570.410.550.530.430.440.441.000.450.430.550.430.470.470.530.510.480.490.530.520.520.530.510.510.510.510.520.610.520.630.570.550.550.580.550.55
INDA0.000.160.160.250.330.340.390.370.470.410.420.450.440.440.430.540.510.530.451.000.460.470.430.510.450.510.520.550.520.560.550.590.490.580.520.500.500.510.550.520.530.550.550.570.560.570.57
EWH-0.020.170.170.240.290.320.320.400.430.400.410.420.390.450.460.470.500.520.430.461.000.440.460.800.440.480.520.480.480.580.620.620.530.620.500.510.500.510.540.510.540.570.540.580.570.550.56
EIS-0.010.150.170.250.310.310.310.380.380.400.440.390.450.440.440.410.420.460.550.470.441.000.460.470.540.450.550.480.550.480.540.560.560.550.580.520.520.550.710.540.600.590.600.560.650.610.59
PGAL-0.010.150.180.220.270.290.310.320.360.450.440.400.470.410.450.410.430.440.430.430.460.461.000.460.560.480.490.560.570.510.520.500.560.510.580.650.680.650.560.650.590.580.600.640.640.640.67
FXI-0.050.160.160.260.310.340.320.430.440.410.420.440.380.480.490.500.530.550.470.510.800.470.461.000.450.480.530.500.480.640.630.650.530.660.500.510.480.510.560.510.540.570.540.560.590.550.55
EDEN-0.020.130.150.210.250.260.300.350.350.380.450.370.480.410.410.400.420.430.470.450.440.540.560.451.000.440.540.540.630.490.510.510.690.520.690.610.610.680.590.640.560.570.680.640.720.710.71
EWW-0.010.160.180.270.300.350.370.360.470.520.440.570.460.550.520.520.510.490.530.510.480.450.480.480.441.000.500.560.530.640.550.540.520.570.520.540.560.540.560.540.610.600.560.590.570.570.60
EWJ0.010.160.190.250.310.330.320.410.410.430.460.430.460.470.440.490.490.500.510.520.520.550.490.530.540.501.000.520.580.530.600.600.580.610.610.580.600.600.690.620.630.660.640.650.670.670.67
EPOL-0.010.170.180.260.310.340.380.360.440.470.480.490.510.490.510.510.510.540.480.550.480.480.560.500.540.560.521.000.580.610.580.560.580.590.570.650.630.620.550.630.600.620.620.640.630.660.66
EIRL-0.000.160.160.250.270.330.320.360.400.430.490.420.530.470.480.430.450.470.490.520.480.550.570.480.630.530.580.581.000.530.570.550.620.560.670.700.690.730.660.700.650.650.720.730.750.760.78
EZA-0.020.180.180.290.330.370.420.390.510.530.490.570.470.570.580.580.600.580.530.560.580.480.510.640.490.640.530.610.531.000.620.660.580.660.560.570.570.570.560.580.620.650.610.640.610.620.63
EWS0.000.160.180.270.310.350.350.400.470.480.520.470.460.510.520.560.580.560.520.550.620.540.520.630.510.550.600.580.570.621.000.680.580.680.590.590.590.600.630.600.650.680.630.650.640.640.64
EWT-0.000.200.170.280.350.350.370.460.500.460.480.480.460.510.510.570.580.580.520.590.620.560.500.650.510.540.600.560.550.660.681.000.570.780.560.570.550.570.670.570.610.650.630.620.690.640.63
NORW-0.000.150.180.250.290.330.320.370.400.510.480.450.500.500.510.470.460.490.530.490.530.560.560.530.690.520.580.580.620.580.580.571.000.570.670.680.650.670.630.680.680.670.790.730.710.720.74
EWY-0.010.200.180.280.330.340.380.460.500.470.500.490.460.530.500.580.600.600.510.580.620.550.510.660.520.570.610.590.560.660.680.780.571.000.560.580.560.580.640.580.610.660.630.620.670.640.64
EWL-0.010.140.180.260.290.330.320.380.410.440.510.440.530.470.460.470.500.490.510.520.500.580.580.500.690.520.610.570.670.560.590.560.670.561.000.630.680.740.680.700.660.680.770.770.770.780.81
EWO-0.030.160.200.260.310.320.350.370.400.520.470.470.570.500.520.480.450.480.510.500.510.520.650.510.610.540.580.650.700.570.590.570.680.580.631.000.770.750.620.780.680.660.740.740.730.780.80
EWP0.010.160.200.250.280.330.340.360.410.490.470.470.560.480.480.480.470.470.510.500.500.520.680.480.610.560.600.630.690.570.590.550.650.560.680.771.000.760.640.850.660.660.730.770.740.790.84
EWK-0.010.170.180.260.290.330.340.360.410.480.500.460.550.490.490.480.470.490.520.510.510.550.650.510.680.540.600.620.730.570.600.570.670.580.740.750.761.000.670.760.670.680.770.770.780.820.83
VTI-0.020.200.210.280.350.380.320.450.450.460.520.460.520.500.490.500.510.500.610.550.540.710.560.560.590.560.690.550.660.560.630.670.630.640.680.620.640.671.000.670.760.740.710.700.780.730.73
EWI-0.010.170.210.250.310.340.330.370.410.490.480.470.580.480.490.480.480.490.520.520.510.540.650.510.640.540.620.630.700.580.600.570.680.580.700.780.850.760.671.000.690.670.770.760.780.830.86
EWC-0.020.180.230.310.350.410.350.410.480.600.550.540.530.570.630.510.550.540.630.530.540.600.590.540.560.610.630.600.650.620.650.610.680.610.660.680.660.670.760.691.000.780.710.770.710.710.73
EWA-0.010.180.230.300.320.360.360.410.470.530.650.530.530.550.570.530.560.550.570.550.570.590.580.570.570.600.660.620.650.650.680.650.670.660.680.660.660.680.740.670.781.000.720.780.720.730.74
EWD0.000.170.190.270.310.350.340.370.430.500.510.470.550.530.520.500.500.520.550.550.540.600.600.540.680.560.640.620.720.610.630.630.790.630.770.740.730.770.710.770.710.721.000.790.820.850.84
EWU-0.010.170.200.290.340.370.360.410.470.530.550.510.560.540.580.520.530.540.550.570.580.560.640.560.640.590.650.640.730.640.650.620.730.620.770.740.770.770.700.760.770.780.791.000.770.800.84
EWN-0.010.180.200.270.330.350.360.420.450.460.530.460.570.520.500.510.520.530.580.560.570.650.640.590.720.570.670.630.750.610.640.690.710.670.770.730.740.780.780.780.710.720.820.771.000.870.86
EWG0.010.170.200.270.320.350.360.400.440.490.520.470.580.520.510.500.510.530.550.570.550.610.640.550.710.570.670.660.760.620.640.640.720.640.780.780.790.820.730.830.710.730.850.800.871.000.91
EWQ-0.010.170.210.270.330.370.370.400.450.500.530.490.600.530.520.520.530.540.550.570.560.590.670.550.710.600.670.660.780.630.640.630.740.640.810.800.840.830.730.860.730.740.840.840.860.911.00
The correlation results are calculated based on daily price changes starting from Sep 18, 2015