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Country Index ETFs
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


WIP 12.5%ARGT 12.5%EWA 12.5%TUR 12.5%VXUS 12.5%INDA 12.5%ENZL 12.5%EWS 12.5%BondBondEquityEquity
PositionCategory/SectorWeight
ARGT
Global X MSCI Argentina ETF
Latin America Equities
12.50%
ENZL
iShares MSCI New Zealand ETF
Asia Pacific Equities
12.50%
EWA
iShares MSCI-Australia ETF
Asia Pacific Equities
12.50%
EWS
iShares MSCI Singapore ETF
Asia Pacific Equities
12.50%
INDA
iShares MSCI India ETF
Asia Pacific Equities
12.50%
TUR
iShares MSCI Turkey ETF
Emerging Markets Equities
12.50%
VXUS
Vanguard Total International Stock ETF
Foreign Large Cap Equities
12.50%
WIP
SPDR FTSE International Government Inflation-Protected Bond ETF
Inflation-Protected Bonds
12.50%

Performance

Performance Chart

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


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.22%
9.66%
Country Index ETFs
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 Dec 24, 2024, the Country Index ETFs returned 12.45% Year-To-Date and 6.06% of annualized return in the last 10 years.


YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500
25.25%0.08%9.66%25.65%13.17%11.11%
Country Index ETFs12.45%-1.94%5.23%13.02%7.92%6.06%
ARGT
Global X MSCI Argentina ETF
63.95%1.43%48.35%61.42%27.01%17.22%
EWA
iShares MSCI-Australia ETF
2.63%-6.89%0.19%3.05%5.33%5.29%
TUR
iShares MSCI Turkey ETF
11.69%-1.36%-15.42%8.92%8.75%-1.41%
WIP
SPDR FTSE International Government Inflation-Protected Bond ETF
-8.57%-1.96%-3.12%-8.33%-2.53%-0.55%
VXUS
Vanguard Total International Stock ETF
5.60%-1.11%-0.02%6.89%4.50%4.97%
INDA
iShares MSCI India ETF
9.93%-1.06%-2.67%10.95%10.30%7.50%
ENZL
iShares MSCI New Zealand ETF
-4.44%-4.06%1.35%-2.81%-2.57%4.56%
EWS
iShares MSCI Singapore ETF
22.16%-1.36%16.83%26.14%2.62%2.43%
*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.52%0.64%1.79%1.22%4.58%-0.81%1.88%2.75%2.35%-3.55%4.74%12.45%
20236.20%-3.94%0.79%0.14%-2.63%4.57%5.54%-2.12%-2.87%-4.97%9.70%4.62%14.73%
2022-1.96%-0.35%4.36%-5.18%-2.15%-8.75%6.09%0.80%-6.75%6.27%12.23%0.04%2.68%
2021-1.16%0.61%-0.64%2.08%1.76%-1.27%0.95%4.90%-4.60%2.41%-7.16%3.02%0.28%
2020-2.00%-7.49%-19.69%8.06%6.15%6.84%3.80%1.11%-3.11%-1.59%14.51%7.48%9.92%
20198.31%0.25%0.11%0.05%-1.25%6.57%0.02%-7.25%3.14%0.46%2.47%4.35%17.62%
20184.91%-3.74%-1.23%-1.47%-4.52%-2.82%2.12%-5.90%0.54%-5.63%4.57%-3.11%-15.75%
20176.34%2.50%2.84%2.31%2.13%1.23%4.25%0.36%-0.90%1.32%-0.49%5.48%30.76%
2016-4.50%0.41%10.89%2.53%-2.73%2.98%3.00%-0.42%1.71%-2.99%-3.99%0.20%6.32%
2015-0.67%3.33%-1.93%2.14%-2.62%-2.68%-2.11%-7.97%-3.36%8.84%-2.92%-0.28%-10.61%
2014-5.99%5.25%5.34%2.58%2.32%2.23%0.48%-0.20%-5.67%3.11%-0.09%-3.55%5.13%
20133.42%-2.89%2.40%3.36%-5.82%-6.14%2.23%-4.02%8.96%4.22%-1.78%-2.28%0.48%

Expense Ratio

Country Index ETFs features an expense ratio of 0.49%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for INDA: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
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%
Expense ratio chart for TUR: 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%
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%
Expense ratio chart for WIP: 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%
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%
Expense ratio chart for EWS: 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%
Expense ratio chart for VXUS: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Country Index ETFs is 24, meaning it’s performing worse than 76% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of Country Index ETFs is 2424
Overall Rank
The Sharpe Ratio Rank of Country Index ETFs is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of Country Index ETFs is 1919
Sortino Ratio Rank
The Omega Ratio Rank of Country Index ETFs is 1919
Omega Ratio Rank
The Calmar Ratio Rank of Country Index ETFs is 3434
Calmar Ratio Rank
The Martin Ratio Rank of Country Index ETFs is 2525
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
The chart of Sharpe ratio for Country Index ETFs, currently valued at 1.09, compared to the broader market-6.00-4.00-2.000.002.004.001.092.07
The chart of Sortino ratio for Country Index ETFs, currently valued at 1.53, compared to the broader market-6.00-4.00-2.000.002.004.006.001.532.76
The chart of Omega ratio for Country Index ETFs, currently valued at 1.19, compared to the broader market0.400.600.801.001.201.401.601.801.191.39
The chart of Calmar ratio for Country Index ETFs, currently valued at 1.96, compared to the broader market0.002.004.006.008.0010.0012.001.963.05
The chart of Martin ratio for Country Index ETFs, currently valued at 6.40, compared to the broader market0.0010.0020.0030.0040.006.4013.27
Country Index ETFs
^GSPC

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
ARGT
Global X MSCI Argentina ETF
2.272.911.363.9210.02
EWA
iShares MSCI-Australia ETF
0.200.391.050.300.91
TUR
iShares MSCI Turkey ETF
0.260.531.060.140.52
WIP
SPDR FTSE International Government Inflation-Protected Bond ETF
-0.90-1.210.86-0.41-1.51
VXUS
Vanguard Total International Stock ETF
0.550.831.100.742.23
INDA
iShares MSCI India ETF
0.821.141.161.093.13
ENZL
iShares MSCI New Zealand ETF
-0.17-0.110.99-0.09-0.54
EWS
iShares MSCI Singapore ETF
1.922.641.351.4310.24

The current Country Index ETFs Sharpe ratio is 1.09. 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 1.33 to 2.19, 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 Index 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.09
2.07
Country Index ETFs
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Country Index ETFs provided a 2.86% dividend yield over the last twelve months.


TTM20232022202120202019201820172016201520142013
Portfolio2.86%3.65%3.51%4.11%1.44%2.88%3.43%2.56%2.64%2.88%2.76%2.61%
ARGT
Global X MSCI Argentina ETF
0.88%1.59%2.45%0.93%0.28%1.21%1.34%0.49%0.36%0.89%0.47%0.62%
EWA
iShares MSCI-Australia ETF
3.68%3.72%5.28%5.08%2.02%3.97%6.11%4.44%4.03%5.48%4.92%4.69%
TUR
iShares MSCI Turkey ETF
1.81%4.43%1.97%4.22%0.87%3.29%4.05%2.63%2.89%3.04%1.63%2.34%
WIP
SPDR FTSE International Government Inflation-Protected Bond ETF
6.05%6.54%11.15%4.63%1.59%2.49%4.05%1.92%1.26%1.14%2.56%2.39%
VXUS
Vanguard Total International Stock ETF
3.35%3.25%3.09%3.10%2.14%3.06%3.17%2.73%2.93%2.83%3.40%2.70%
INDA
iShares MSCI India ETF
0.75%0.16%0.00%6.44%0.27%1.00%0.94%1.09%0.91%1.19%0.63%0.40%
ENZL
iShares MSCI New Zealand ETF
2.12%3.00%1.62%2.46%1.66%3.35%3.60%3.69%4.78%4.29%5.15%3.95%
EWS
iShares MSCI Singapore ETF
4.28%6.49%2.56%6.00%2.68%4.70%4.21%3.46%3.96%4.20%3.35%3.77%

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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.51%
-1.91%
Country Index ETFs
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Country Index 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 Index ETFs was 40.05%, occurring on Mar 23, 2020. Recovery took 186 trading sessions.

The current Country Index ETFs drawdown is 3.51%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.05%Jan 29, 2018541Mar 23, 2020186Dec 15, 2020727
-25.67%Jul 25, 2014375Jan 20, 2016318Apr 25, 2017693
-22.48%Sep 7, 2021215Jul 14, 2022128Jan 17, 2023343
-16.04%May 9, 201332Jun 24, 2013218May 6, 2014250
-15.57%Feb 22, 201271Jun 1, 201272Sep 13, 2012143

Volatility

Volatility Chart

The current Country Index ETFs volatility is 4.11%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.11%
3.82%
Country Index 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.

WIPTURARGTINDAENZLEWSEWAVXUS
WIP1.000.290.300.270.410.350.400.42
TUR0.291.000.340.400.310.380.390.46
ARGT0.300.341.000.440.400.490.540.62
INDA0.270.400.441.000.390.530.530.66
ENZL0.410.310.400.391.000.500.640.59
EWS0.350.380.490.530.501.000.670.76
EWA0.400.390.540.530.640.671.000.83
VXUS0.420.460.620.660.590.760.831.00
The correlation results are calculated based on daily price changes starting from Feb 6, 2012
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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