ALAG.L vs. EWZ
Compare and contrast key facts about Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) and iShares MSCI Brazil ETF (EWZ).
ALAG.L and EWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ALAG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EM Latin America NR USD. It was launched on Mar 22, 2018. EWZ is a passively managed fund by iShares that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Jul 10, 2000. Both ALAG.L and EWZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALAG.L or EWZ.
Correlation
The correlation between ALAG.L and EWZ is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALAG.L vs. EWZ - Performance Comparison
Key characteristics
ALAG.L:
-0.59
EWZ:
-0.34
ALAG.L:
-0.64
EWZ:
-0.29
ALAG.L:
0.92
EWZ:
0.96
ALAG.L:
-0.40
EWZ:
-0.15
ALAG.L:
-0.69
EWZ:
-0.59
ALAG.L:
14.91%
EWZ:
13.73%
ALAG.L:
18.92%
EWZ:
24.98%
ALAG.L:
-48.94%
EWZ:
-77.25%
ALAG.L:
-13.67%
EWZ:
-42.87%
Returns By Period
In the year-to-date period, ALAG.L achieves a 16.14% return, which is significantly lower than EWZ's 22.08% return.
ALAG.L
16.14%
12.74%
4.44%
-11.17%
11.73%
N/A
EWZ
22.08%
17.24%
1.77%
-8.33%
11.04%
2.11%
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ALAG.L vs. EWZ - Expense Ratio Comparison
ALAG.L has a 0.10% expense ratio, which is lower than EWZ's 0.59% expense ratio.
Risk-Adjusted Performance
ALAG.L vs. EWZ — Risk-Adjusted Performance Rank
ALAG.L
EWZ
ALAG.L vs. EWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) and iShares MSCI Brazil ETF (EWZ). 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.
Dividends
ALAG.L vs. EWZ - Dividend Comparison
ALAG.L has not paid dividends to shareholders, while EWZ's dividend yield for the trailing twelve months is around 7.30%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALAG.L Amundi MSCI Em Latin America UCITS ETF-C USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWZ iShares MSCI Brazil ETF | 7.30% | 8.91% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% | 3.78% |
Drawdowns
ALAG.L vs. EWZ - Drawdown Comparison
The maximum ALAG.L drawdown since its inception was -48.94%, smaller than the maximum EWZ drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for ALAG.L and EWZ. For additional features, visit the drawdowns tool.
Volatility
ALAG.L vs. EWZ - Volatility Comparison
The current volatility for Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) is 6.79%, while iShares MSCI Brazil ETF (EWZ) has a volatility of 8.29%. This indicates that ALAG.L experiences smaller price fluctuations and is considered to be less risky than EWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.