COTN.L vs. EWS
COTN.L (WisdomTree Cotton) and EWS (iShares MSCI Singapore ETF) are both exchange-traded funds - COTN.L is a Agricultural Commodities fund tracking the Bloomberg Cotton, while EWS is a Asia Pacific Equities fund tracking the MSCI Singapore Index. Both are passively managed. Over the past 10 years, COTN.L returned 0.25%/yr vs 8.21%/yr for EWS. At a 0.19 correlation, their price movements are largely independent. COTN.L charges 0.49%/yr vs 0.50%/yr for EWS.
Performance
COTN.L vs. EWS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COTN.L achieves a 11.31% return, which is significantly lower than EWS's 17.64% return. Over the past 10 years, COTN.L has underperformed EWS with an annualized return of 0.25%, while EWS has yielded a comparatively higher 8.21% annualized return.
COTN.L
- 1D
- -3.53%
- 1M
- 2.50%
- 6M
- 10.31%
- YTD
- 11.31%
- 1Y
- 3.36%
- 3Y*
- -7.22%
- 5Y*
- -0.65%
- 10Y*
- 0.25%
EWS
- 1D
- -0.93%
- 1M
- 8.28%
- 6M
- 15.38%
- YTD
- 17.64%
- 1Y
- 23.32%
- 3Y*
- 23.40%
- 5Y*
- 12.05%
- 10Y*
- 8.21%
COTN.L vs. EWS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COTN.L WisdomTree Cotton | 11.31% | -11.24% | -16.72% | -0.98% | -8.04% | 41.68% | 7.77% | -7.05% | -7.46% | 10.13% |
EWS iShares MSCI Singapore ETF | 17.64% | 31.35% | 22.10% | 6.15% | -9.80% | 5.47% | -8.47% | 14.54% | -11.34% | 34.78% |
Correlation
The correlation between COTN.L and EWS is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.19 |
The correlation between COTN.L and EWS shifts across timeframes, from 0.13 (3 years) to 0.26 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COTN.L vs. EWS — Risk / Return Rank
COTN.L
EWS
COTN.L vs. EWS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cotton (COTN.L) 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.
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.
| COTN.L | EWS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.27 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 3.00 | -2.82 |
| Martin ratioReturn relative to average drawdown | 0.40 | 7.23 | -6.83 |
Loading charts...
Drawdowns
COTN.L vs. EWS - Drawdown Comparison
The maximum COTN.L drawdown since its inception was -73.69%, roughly equal to the maximum EWS drawdown of -75.13%. Use the drawdown chart below to compare losses from any high point for COTN.L and EWS.
Loading charts...
Drawdown Indicators
| COTN.L | EWS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.69% | -75.13% | +1.44% |
Max Drawdown (1Y)Largest decline over 1 year | -18.82% | -7.82% | -11.00% |
Max Drawdown (3Y)Largest decline over 3 years | -43.73% | -16.34% | -27.39% |
Max Drawdown (5Y)Largest decline over 5 years | -53.77% | -29.06% | -24.71% |
Max Drawdown (10Y)Largest decline over 10 years | -53.77% | -40.84% | -12.93% |
Current DrawdownCurrent decline from peak | -56.84% | -0.93% | -55.91% |
Average DrawdownAverage peak-to-trough decline | -51.86% | -21.92% | -29.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.28% | 3.23% | +5.05% |
Volatility
COTN.L vs. EWS - Volatility Comparison
WisdomTree Cotton (COTN.L) has a higher volatility of 6.39% compared to iShares MSCI Singapore ETF (EWS) at 3.51%. This indicates that COTN.L'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.
Loading charts...
Volatility by Period
| COTN.L | EWS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.39% | 3.51% | +2.88% |
Volatility (6M)Calculated over the trailing 6-month period | 16.77% | 12.01% | +4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.57% | 15.48% | +3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.75% | 17.27% | +10.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.99% | 17.93% | +7.06% |
COTN.L vs. EWS - Expense Ratio Comparison
COTN.L has a 0.49% expense ratio, which is lower than EWS's 0.50% expense ratio.
Dividends
COTN.L vs. EWS - Dividend Comparison
COTN.L has not paid dividends to shareholders, while EWS's dividend yield for the trailing twelve months is around 3.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COTN.L WisdomTree Cotton | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWS iShares MSCI Singapore ETF | 3.73% | 4.10% | 4.28% | 6.50% | 2.56% | 6.00% | 2.68% | 4.70% | 4.21% | 3.46% | 3.96% | 4.20% |
Frequently Asked Questions
COTN.L and EWS have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COTN.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COTN.L is cheaper with a 0.49% expense ratio, compared with 0.50% for EWS.
COTN.L is categorized as Agricultural Commodities, while EWS is Asia Pacific Equities. COTN.L tracks Bloomberg Cotton, while EWS tracks MSCI Singapore Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.49% for COTN.L and 0.50% for EWS.
Find the right allocation for COTN.L and EWS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer