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ECH vs. EIS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ECH vs. EIS

Last updated Jun 4, 2026

ECH (iShares MSCI Chile ETF) and EIS (iShares MSCI Israel ETF) are both Foreign Large Cap Equities funds from iShares - ECH tracks the MSCI Chile Investable Market Index while EIS tracks the MSCI Israel Capped Investable Market Index (Net). Both are passively managed. Over the past 10 years, ECH returned 4.25%/yr vs 11.97%/yr for EIS. At a 0.44 correlation, their price movements are largely independent. Both charge a 0.59% expense ratio.

Performance

ECH vs. EIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Chile ETF (ECH) and iShares MSCI Israel ETF (EIS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ECH achieves a -1.19% return, which is significantly lower than EIS's 18.19% return. Over the past 10 years, ECH has underperformed EIS with an annualized return of 4.25%, while EIS has yielded a comparatively higher 11.97% annualized return.

ECH

1D
-1.65%
1M
-0.47%
YTD
-1.19%
6M
3.73%
1Y
29.60%
3Y*
14.12%
5Y*
10.98%
10Y*
4.25%

EIS

1D
-1.92%
1M
-2.12%
YTD
18.19%
6M
22.47%
1Y
54.91%
3Y*
37.61%
5Y*
15.32%
10Y*
11.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ECH vs. EIS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ECH
iShares MSCI Chile ETF		-1.19%65.41%-8.67%9.01%25.12%-19.80%-7.13%-17.79%-18.98%41.79%
EIS
iShares MSCI Israel ETF		18.19%45.11%34.50%5.48%-27.05%22.83%12.01%20.93%-4.84%12.77%

Correlation

The correlation between ECH and EIS is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.37

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.43

Correlation (10Y)
Calculated over the trailing 10-year period

0.42

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2008

0.44

ECH vs. EIS - Sectors Allocation Comparison

Sectors
ECH
EIS

Financial Services

24.6%
34.6%

Basic Materials

21.0%
1.8%

Industrials

14.4%
10.9%

Utilities

12.3%
6.6%

Consumer Cyclical

10.7%
2.5%

Real Estate

9.2%
9.1%

Consumer Defensive

6.3%
2.3%

Communication Services

1.6%
2.7%

Energy

-

2.0%

Healthcare

-

9.8%

Technology

-

17.8%

Financial Services

ECH
24.6%
EIS
34.6%

Basic Materials

ECH
21.0%
EIS
1.8%

Industrials

ECH
14.4%
EIS
10.9%

Utilities

ECH
12.3%
EIS
6.6%

Consumer Cyclical

ECH
10.7%
EIS
2.5%

Real Estate

ECH
9.2%
EIS
9.1%

Consumer Defensive

ECH
6.3%
EIS
2.3%

Communication Services

ECH
1.6%
EIS
2.7%

Energy

ECH

-

EIS
2.0%

Healthcare

ECH

-

EIS
9.8%

Technology

ECH

-

EIS
17.8%

Compare stocks, funds, or ETFs

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iShares MSCI Chile ETF

iShares MSCI Israel ETF

Often compared with ECH:
ECH vs. EWZECH vs. EWWECH vs. EPUECH vs. EWZSECH vs. EPOLECH vs. EWYECH vs. SCHD
Often compared with EIS:
EIS vs. ISRAEIS vs. IZRLEIS vs. SPYEIS vs. VOOEIS vs. ITEQEIS vs. QQQEIS vs. EGPT

Return for Risk

ECH vs. EIS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ECH
ECH Risk / Return Rank: 3030
Overall Rank
ECH Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
ECH Sortino Ratio Rank: 3131
Sortino Ratio Rank
ECH Omega Ratio Rank: 3131
Omega Ratio Rank
ECH Calmar Ratio Rank: 3131
Calmar Ratio Rank
ECH Martin Ratio Rank: 2727
Martin Ratio Rank
EIS
EIS Risk / Return Rank: 7676
Overall Rank
EIS Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
EIS Sortino Ratio Rank: 7373
Sortino Ratio Rank
EIS Omega Ratio Rank: 6868
Omega Ratio Rank
EIS Calmar Ratio Rank: 8383
Calmar Ratio Rank
EIS Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ECH vs. EIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Chile ETF (ECH) and iShares MSCI Israel ETF (EIS). 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.

ECHEISDifference
Sharpe ratioReturn per unit of total volatility
1.20
2.45

-1.25

Sortino ratioReturn per unit of downside risk
1.70
3.36

-1.66

Omega ratioGain probability vs. loss probability

1.21

1.42

-0.21

Calmar ratioReturn relative to maximum drawdown

1.51

4.45

-2.94

Martin ratioReturn relative to average drawdown

3.82

16.54

-12.72

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECH vs. EIS - Sharpe Ratio Comparison

The current ECH Sharpe Ratio is 1.20, which is lower than the EIS Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of ECH and EIS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ECHEISDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.20

2.45

-1.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.40

0.71

-0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.16

0.57

-0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

0.05

0.33

-0.27

Drawdowns

ECH vs. EIS - Drawdown Comparison

The maximum ECH drawdown since its inception was -74.08%, which is greater than EIS's maximum drawdown of -51.94%. Use the drawdown chart below to compare losses from any high point for ECH and EIS.

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Drawdown Indicators

ECHEISDifference

Max Drawdown

Largest peak-to-trough decline

-74.08%

-51.94%

-22.14%

Max Drawdown (1Y)

Largest decline over 1 year

-19.65%

-12.40%

-7.25%

Max Drawdown (3Y)

Largest decline over 3 years

-25.59%

-24.10%

-1.49%

Max Drawdown (5Y)

Largest decline over 5 years

-26.06%

-41.88%

+15.82%

Max Drawdown (10Y)

Largest decline over 10 years

-66.89%

-41.88%

-25.01%

Current Drawdown

Current decline from peak

-26.58%

-5.56%

-21.02%

Average Drawdown

Average peak-to-trough decline

-37.52%

-13.90%

-23.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.76%

3.33%

+4.43%

Volatility

ECH vs. EIS - Volatility Comparison

iShares MSCI Chile ETF (ECH) has a higher volatility of 7.72% compared to iShares MSCI Israel ETF (EIS) at 6.64%. This indicates that ECH's price experiences larger fluctuations and is considered to be riskier than EIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ECHEISDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.72%

6.64%

+1.08%

Volatility (6M)

Calculated over the trailing 6-month period

20.29%

16.05%

+4.24%

Volatility (1Y)

Calculated over the trailing 1-year period

24.85%

22.56%

+2.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.51%

21.81%

+5.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.21%

21.08%

+6.13%

ECH vs. EIS - Expense Ratio Comparison

Both ECH and EIS have an expense ratio of 0.59%.

Dividends

ECH vs. EIS - Dividend Comparison

ECH's dividend yield for the trailing twelve months is around 2.04%, more than EIS's 1.22% yield.

PositionTTM20252024202320222021202020192018201720162015
ECH
iShares MSCI Chile ETF		2.04%2.01%3.12%4.77%6.73%5.49%2.16%2.47%2.37%1.42%1.85%2.13%
EIS
iShares MSCI Israel ETF		1.22%1.44%1.38%1.39%1.66%1.04%0.16%2.06%0.87%2.02%1.78%2.55%

Frequently Asked Questions

ECH and EIS have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ECH has higher volatility (7.72%) compared to EIS (6.64%). In terms of maximum drawdown, ECH dropped -74.08% vs EIS's -51.94%.

On 10-year performance, EIS leads with 11.97% vs 4.25% for ECH. Both ETFs have the same 0.59% expense ratio. On volatility, EIS has been the lower-risk option at 6.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, EIS has performed better with a 11.97% return vs 4.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ECH and EIS have the same expense ratio: 0.59% per year.

ECH has the higher dividend yield at 2.04%, compared with 1.22% for EIS.

ECH tracks MSCI Chile Investable Market Index, while EIS tracks MSCI Israel Capped Investable Market Index (Net).

EIS currently has the higher Sharpe Ratio (2.45 vs 1.20), 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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