PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
iShares MSCI South Africa ETF (EZA)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS4642867802
CUSIP464286780
IssueriShares
Inception DateFeb 7, 2003
RegionNorth America (U.S.)
CategoryEmerging Markets Equities
Leveraged1x
Index TrackedMSCI South Africa Index
Home Pagewww.ishares.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

EZA features an expense ratio of 0.59%, falling within the medium range.


Expense ratio chart for EZA: 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%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: EZA vs. AFK, EZA vs. KSA, EZA vs. VPL, EZA vs. SCHD, EZA vs. SPY, EZA vs. IOO, EZA vs. INDA, EZA vs. VYMI, EZA vs. VT, EZA vs. VTI

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares MSCI South Africa ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
20.32%
10.58%
EZA (iShares MSCI South Africa ETF)
Benchmark (^GSPC)

Returns By Period

iShares MSCI South Africa ETF had a return of 20.20% year-to-date (YTD) and 25.47% in the last 12 months. Over the past 10 years, iShares MSCI South Africa ETF had an annualized return of 1.29%, while the S&P 500 had an annualized return of 10.96%, indicating that iShares MSCI South Africa ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date20.20%20.10%
1 month-0.70%-0.39%
6 months20.84%11.72%
1 year25.47%31.44%
5 years (annualized)4.38%13.30%
10 years (annualized)1.29%10.96%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-6.15%-5.28%5.44%2.43%1.17%8.42%5.06%3.19%7.33%-2.06%20.20%
20236.51%-9.28%3.03%1.73%-13.76%9.29%12.12%-12.31%-3.81%-0.61%8.16%4.61%1.51%
20229.33%3.80%5.45%-13.67%0.90%-10.27%-0.09%-6.15%-9.54%5.41%17.00%-3.10%-5.18%
20210.21%5.28%6.77%-0.10%7.62%-7.11%-0.92%2.09%-4.84%0.00%-4.55%4.41%7.91%
2020-8.95%-9.81%-29.54%10.39%7.15%6.86%6.50%-0.96%-0.65%0.30%10.93%11.18%-5.19%
201914.17%-6.79%-2.53%8.20%-6.64%6.05%-5.47%-7.35%-0.90%4.53%-0.10%9.05%9.83%
20183.07%-1.08%-3.73%-4.16%-5.48%-6.11%6.31%-10.33%-2.22%-10.03%9.47%-2.44%-25.24%
20174.77%0.24%0.36%5.96%1.69%-3.85%6.05%3.94%-6.03%1.97%6.86%10.36%36.03%
2016-1.88%-2.25%18.33%5.07%-9.77%8.47%9.23%-9.07%6.74%-1.37%-8.07%4.10%16.78%
20154.26%1.30%-2.10%5.48%-8.04%1.54%-4.83%-7.67%-6.64%6.11%-6.27%-10.93%-26.00%
2014-10.53%7.71%6.53%1.28%0.88%2.49%0.64%2.08%-9.14%6.63%-0.45%-3.49%2.80%
2013-7.46%-2.64%-0.99%0.55%-8.19%0.32%2.02%-2.30%8.55%3.78%-2.19%2.01%-7.46%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EZA is 35, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of EZA is 3535
Combined Rank
The Sharpe Ratio Rank of EZA is 3434Sharpe Ratio Rank
The Sortino Ratio Rank of EZA is 3636Sortino Ratio Rank
The Omega Ratio Rank of EZA is 3232Omega Ratio Rank
The Calmar Ratio Rank of EZA is 3737Calmar Ratio Rank
The Martin Ratio Rank of EZA is 3737Martin 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

The charts below present risk-adjusted performance metrics for iShares MSCI South Africa ETF (EZA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


EZA
Sharpe ratio
The chart of Sharpe ratio for EZA, currently valued at 1.35, compared to the broader market-2.000.002.004.006.001.35
Sortino ratio
The chart of Sortino ratio for EZA, currently valued at 1.99, compared to the broader market0.005.0010.001.99
Omega ratio
The chart of Omega ratio for EZA, currently valued at 1.23, compared to the broader market1.001.502.002.503.003.501.23
Calmar ratio
The chart of Calmar ratio for EZA, currently valued at 1.00, compared to the broader market0.005.0010.0015.0020.001.00
Martin ratio
The chart of Martin ratio for EZA, currently valued at 6.49, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.49
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.88, compared to the broader market-2.000.002.004.006.002.88
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.82, compared to the broader market0.005.0010.003.82
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market1.001.502.002.503.003.501.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.52, compared to the broader market0.005.0010.0015.0020.003.52
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.62, compared to the broader market0.0020.0040.0060.0080.00100.00120.0018.62

Sharpe Ratio

The current iShares MSCI South Africa ETF Sharpe ratio is 1.35. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of iShares MSCI South Africa ETF 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 Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.35
2.88
EZA (iShares MSCI South Africa ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares MSCI South Africa ETF provided a 2.29% dividend yield over the last twelve months, with an annual payout of $1.13 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.13$1.19$1.66$0.95$2.42$6.02$1.92$1.08$2.15$1.41$1.43$1.57

Dividend yield

2.29%2.84%3.90%2.05%5.51%12.27%3.81%1.55%4.10%3.03%2.20%2.44%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI South Africa ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.63$0.00$0.00$0.00$0.00$0.00$0.63
2023$0.00$0.00$0.00$0.00$0.00$0.68$0.00$0.00$0.00$0.00$0.00$0.51$1.19
2022$0.00$0.00$0.00$0.00$0.00$1.00$0.00$0.00$0.00$0.00$0.00$0.66$1.66
2021$0.00$0.00$0.00$0.00$0.00$0.49$0.00$0.00$0.00$0.00$0.00$0.46$0.95
2020$0.00$0.00$0.00$0.00$0.00$0.65$0.00$0.00$0.00$0.00$0.00$1.77$2.42
2019$0.00$0.00$0.00$0.00$0.00$1.32$0.00$0.00$0.00$0.00$0.00$4.71$6.02
2018$0.00$0.00$0.00$0.00$0.00$0.86$0.00$0.00$0.00$0.00$0.00$1.07$1.92
2017$0.00$0.00$0.00$0.00$0.00$0.47$0.00$0.00$0.00$0.00$0.00$0.62$1.08
2016$0.00$0.00$0.00$0.00$0.00$1.60$0.00$0.00$0.00$0.00$0.00$0.55$2.15
2015$0.00$0.00$0.00$0.00$0.00$0.57$0.00$0.00$0.00$0.00$0.00$0.84$1.41
2014$0.00$0.00$0.00$0.00$0.00$0.62$0.00$0.00$0.00$0.00$0.00$0.80$1.43
2013$0.65$0.00$0.00$0.00$0.00$0.00$0.92$1.57

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.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-10.47%
-2.32%
EZA (iShares MSCI South Africa ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI South Africa ETF. 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 iShares MSCI South Africa ETF was 64.64%, occurring on Oct 27, 2008. Recovery took 486 trading sessions.

The current iShares MSCI South Africa ETF drawdown is 10.47%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.64%Nov 1, 2007249Oct 27, 2008486Oct 1, 2010735
-62.25%Jan 29, 2018541Mar 23, 2020
-45.01%Apr 29, 2015184Jan 20, 2016486Dec 21, 2017670
-29.56%May 10, 200634Jun 27, 2006164Feb 22, 2007198
-25.97%May 2, 2011108Oct 3, 2011656May 14, 2014764

Volatility

Volatility Chart

The current iShares MSCI South Africa ETF volatility is 4.96%, 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%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.96%
3.23%
EZA (iShares MSCI South Africa ETF)
Benchmark (^GSPC)