BE vs. EWY
BE (Bloom Energy Corporation) is a stock, while EWY (iShares MSCI South Korea ETF) is Asia Pacific Equities fund tracking the MSCI Korea Index. Over the past 5 years, BE returned 59.08%/yr vs 18.80%/yr for EWY. At a 0.33 correlation, their price movements are largely independent.
Performance
BE vs. EWY - Performance Comparison
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Returns By Period
In the year-to-date period, BE achieves a 199.48% return, which is significantly higher than EWY's 103.10% return.
BE
- 1D
- 4.56%
- 1M
- -14.23%
- YTD
- 199.48%
- 6M
- 173.97%
- 1Y
- 1,085.51%
- 3Y*
- 145.16%
- 5Y*
- 59.08%
- 10Y*
- —
EWY
- 1D
- -0.75%
- 1M
- 3.64%
- YTD
- 103.10%
- 6M
- 117.85%
- 1Y
- 203.95%
- 3Y*
- 46.46%
- 5Y*
- 18.80%
- 10Y*
- 16.84%
BE vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BE Bloom Energy Corporation | 199.48% | 291.22% | 50.07% | -22.59% | -12.81% | -23.48% | 283.67% | -25.15% | -46.63% |
EWY iShares MSCI South Korea ETF | 103.10% | 95.33% | -20.48% | 19.05% | -26.59% | -7.58% | 39.43% | 7.97% | -9.54% |
Correlation
The correlation between BE and EWY is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2018 | 0.33 |
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Return for Risk
BE vs. EWY — Risk / Return Rank
BE
EWY
BE vs. EWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) and iShares MSCI South Korea ETF (EWY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BE | EWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.76 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.59 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 23.53 | 8.65 | +14.89 |
| Martin ratioReturn relative to average drawdown | 73.01 | 30.24 | +42.77 |
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Drawdowns
BE vs. EWY - Drawdown Comparison
The maximum BE drawdown since its inception was -92.54%, which is greater than EWY's maximum drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for BE and EWY.
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Drawdown Indicators
| BE | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.54% | -74.14% | -18.40% |
Max Drawdown (1Y)Largest decline over 1 year | -45.94% | -23.08% | -22.86% |
Max Drawdown (3Y)Largest decline over 3 years | -53.42% | -27.36% | -26.06% |
Max Drawdown (5Y)Largest decline over 5 years | -75.87% | -48.55% | -27.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.73% | — |
Current DrawdownCurrent decline from peak | -15.48% | -8.88% | -6.60% |
Average DrawdownAverage peak-to-trough decline | -51.91% | -20.11% | -31.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.78% | 6.59% | +8.19% |
Volatility
BE vs. EWY - Volatility Comparison
Bloom Energy Corporation (BE) has a higher volatility of 27.74% compared to iShares MSCI South Korea ETF (EWY) at 25.64%. This indicates that BE's price experiences larger fluctuations and is considered to be riskier than EWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BE | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.74% | 25.64% | +2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 75.65% | 42.65% | +33.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.62% | 46.51% | +61.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.95% | 30.15% | +55.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.68% | 28.06% | +67.62% |
Dividends
BE vs. EWY - Dividend Comparison
BE has not paid dividends to shareholders, while EWY's dividend yield for the trailing twelve months is around 1.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BE Bloom Energy Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWY iShares MSCI South Korea ETF | 1.03% | 2.10% | 2.55% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% |
Frequently Asked Questions
BE and EWY have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BE has higher volatility (27.74%) compared to EWY (25.64%). In terms of maximum drawdown, BE dropped -92.54% vs EWY's -74.14%.
BE currently has the higher Sharpe Ratio (10.05 vs 4.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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