ASEA vs. EWS
Compare and contrast key facts about Global X FTSE Southeast Asia ETF (ASEA) and iShares MSCI Singapore ETF (EWS).
ASEA and EWS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASEA is a passively managed fund by Global X that tracks the performance of the FTSE/ASEAN 40 Index. It was launched on Feb 17, 2011. EWS is a passively managed fund by iShares that tracks the performance of the MSCI Singapore Index. It was launched on Mar 12, 1996. Both ASEA and EWS 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: ASEA or EWS.
Performance
ASEA vs. EWS - Performance Comparison
Returns By Period
In the year-to-date period, ASEA achieves a 13.94% return, which is significantly lower than EWS's 23.02% return. Over the past 10 years, ASEA has outperformed EWS with an annualized return of 3.12%, while EWS has yielded a comparatively lower 2.39% annualized return.
ASEA
13.94%
-3.31%
13.57%
18.55%
4.28%
3.12%
EWS
23.02%
2.17%
17.31%
30.19%
2.88%
2.39%
Key characteristics
| ASEA | EWS | |
|---|---|---|
| Sharpe Ratio | 1.32 | 2.13 |
| Sortino Ratio | 1.89 | 2.96 |
| Omega Ratio | 1.23 | 1.38 |
| Calmar Ratio | 2.32 | 1.58 |
| Martin Ratio | 6.30 | 11.68 |
| Ulcer Index | 3.01% | 2.66% |
| Daily Std Dev | 14.36% | 14.58% |
| Max Drawdown | -44.13% | -75.20% |
| Current Drawdown | -6.59% | 0.00% |
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ASEA vs. EWS - Expense Ratio Comparison
ASEA has a 0.65% expense ratio, which is higher than EWS's 0.50% expense ratio.
Correlation
The correlation between ASEA and EWS is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ASEA vs. EWS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X FTSE Southeast Asia ETF (ASEA) and iShares MSCI Singapore ETF (EWS). 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
ASEA vs. EWS - Dividend Comparison
ASEA's dividend yield for the trailing twelve months is around 3.67%, less than EWS's 3.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASEA Global X FTSE Southeast Asia ETF | 3.67% | 3.76% | 2.23% | 4.18% | 2.27% | 2.51% | 3.08% | 1.59% | 2.78% | 3.64% | 2.65% | 3.83% |
EWS iShares MSCI Singapore ETF | 3.92% | 6.49% | 2.56% | 6.00% | 2.68% | 4.70% | 4.21% | 3.46% | 3.96% | 4.20% | 3.35% | 3.77% |
Drawdowns
ASEA vs. EWS - Drawdown Comparison
The maximum ASEA drawdown since its inception was -44.13%, smaller than the maximum EWS drawdown of -75.20%. Use the drawdown chart below to compare losses from any high point for ASEA and EWS. For additional features, visit the drawdowns tool.
Volatility
ASEA vs. EWS - Volatility Comparison
Global X FTSE Southeast Asia ETF (ASEA) has a higher volatility of 5.03% compared to iShares MSCI Singapore ETF (EWS) at 4.58%. This indicates that ASEA's price experiences larger fluctuations and is considered to be riskier than EWS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.