EDEN vs. EWN
Compare and contrast key facts about iShares MSCI Denmark ETF (EDEN) and iShares MSCI Netherlands ETF (EWN).
EDEN and EWN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDEN is a passively managed fund by iShares that tracks the performance of the MSCI Denmark IMI 25/50 Index. It was launched on Jan 25, 2012. EWN is a passively managed fund by iShares that tracks the performance of the MSCI Netherlands Investable Market Index. It was launched on Mar 12, 1996. Both EDEN and EWN 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: EDEN or EWN.
Key characteristics
| EDEN | EWN | |
|---|---|---|
| YTD Return | 6.09% | 7.04% |
| 1Y Return | 10.25% | 15.15% |
| 3Y Return (Ann) | 6.22% | 1.40% |
| 5Y Return (Ann) | 15.16% | 10.72% |
| 10Y Return (Ann) | 10.40% | 8.52% |
| Sharpe Ratio | 0.64 | 0.85 |
| Daily Std Dev | 15.57% | 17.56% |
| Max Drawdown | -36.61% | -65.22% |
| Current Drawdown | -4.42% | -7.45% |
Correlation
The correlation between EDEN and EWN is 0.71, 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.
Performance
EDEN vs. EWN - Performance Comparison
In the year-to-date period, EDEN achieves a 6.09% return, which is significantly lower than EWN's 7.04% return. Over the past 10 years, EDEN has outperformed EWN with an annualized return of 10.40%, while EWN has yielded a comparatively lower 8.52% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EDEN vs. EWN - Expense Ratio Comparison
EDEN has a 0.53% expense ratio, which is higher than EWN's 0.50% expense ratio.
Risk-Adjusted Performance
EDEN vs. EWN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Denmark ETF (EDEN) and iShares MSCI Netherlands ETF (EWN). 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
EDEN vs. EWN - Dividend Comparison
EDEN's dividend yield for the trailing twelve months is around 1.81%, more than EWN's 1.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | 1.81% | 1.92% | 1.47% | 0.74% | 0.42% | 2.36% | 2.01% | 2.03% | 1.28% | 1.46% | 0.87% | 0.86% |
EWN iShares MSCI Netherlands ETF | 1.67% | 1.79% | 1.98% | 1.01% | 0.78% | 2.57% | 2.40% | 1.68% | 2.71% | 1.92% | 2.30% | 1.50% |
Drawdowns
EDEN vs. EWN - Drawdown Comparison
The maximum EDEN drawdown since its inception was -36.61%, smaller than the maximum EWN drawdown of -65.22%. Use the drawdown chart below to compare losses from any high point for EDEN and EWN. For additional features, visit the drawdowns tool.
Volatility
EDEN vs. EWN - Volatility Comparison
The current volatility for iShares MSCI Denmark ETF (EDEN) is 4.97%, while iShares MSCI Netherlands ETF (EWN) has a volatility of 5.41%. This indicates that EDEN experiences smaller price fluctuations and is considered to be less risky than EWN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.