EFNL vs. EUSC

Last updated Jun 4, 2026

EFNL (iShares MSCI Finland ETF) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds - EFNL tracks the MSCI Finland IMI 25/50 Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. EFNL charges 0.53%/yr vs 0.58%/yr for EUSC.

Performance

EFNL vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Finland ETF (EFNL) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EFNL

• 1D: -0.44%
• 1M: 6.63%
• YTD: 21.03%
• 6M: 25.68%
• 1Y: 48.56%
• 3Y*: 21.52%
• 5Y*: 6.67%
• 10Y*: 10.07%

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EFNL vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
EFNL iShares MSCI Finland ETF	1.09%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%

EFNL vs. EUSC - Sectors Allocation Comparison

Sectors	EFNL	EUSC
Financial Services	26.0%	28.4%
Technology	21.4%	4.4%
Industrials	20.8%	20.1%
Consumer Cyclical	6.6%	9.1%
Basic Materials	6.3%	6.5%
Energy	5.2%	3.7%
Utilities	4.0%	6.5%
Healthcare	3.5%	2.9%
Consumer Defensive	2.9%	4.1%
Communication Services	2.6%	5.0%
Real Estate	0.7%	9.3%

Return for Risk

EFNL vs. EUSC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EFNL

EFNL Risk / Return Rank: 86
EFNL Sharpe Ratio Rank: 86
EFNL Sortino Ratio Rank: 82
EFNL Omega Ratio Rank: 79
EFNL Calmar Ratio Rank: 92
EFNL Martin Ratio Rank: 91

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.

EFNL vs. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Finland ETF (EFNL) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). 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.

	EFNL	EUSC	Difference
Sharpe ratio Return per unit of total volatility	2.83	—	—
Sortino ratio Return per unit of downside risk	3.69	—	—
Omega ratio Gain probability vs. loss probability	1.47	—	—
Calmar ratio Return relative to maximum drawdown	6.16	—	—
Martin ratio Return relative to average drawdown	21.80	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EFNL	EUSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	—	—

Drawdowns

EFNL vs. EUSC - Drawdown Comparison

The maximum EFNL drawdown since its inception was -38.70%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for EFNL and EUSC.

Drawdown Indicators

	EFNL	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-38.70%	0.00%	-38.70%
Max Drawdown (1Y) Largest decline over 1 year	-7.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.19%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.70%	—	—
Current Drawdown Current decline from peak	-0.44%	0.00%	-0.44%
Average Drawdown Average peak-to-trough decline	-10.93%	0.00%	-10.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	—	—

Volatility

Volatility by Period

	EFNL	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.28%	0.00%	+17.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.60%	0.00%	+19.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.09%	0.00%	+20.09%

EFNL vs. EUSC - Expense Ratio Comparison

EFNL has a 0.53% expense ratio, which is lower than EUSC's 0.58% expense ratio.

Dividends

EFNL vs. EUSC - Dividend Comparison

EFNL's dividend yield for the trailing twelve months is around 2.81%, while EUSC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFNL iShares MSCI Finland ETF	2.81%	3.40%	5.05%	4.31%	5.94%	2.29%	2.94%	5.70%	3.83%	3.30%	2.40%	1.57%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, EFNL or EUSC?

On fees, EFNL is cheaper at 0.53% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EFNL or EUSC?

EFNL is cheaper with a 0.53% expense ratio, compared with 0.58% for EUSC.

Which ETF pays a higher dividend yield, EFNL or EUSC?

EFNL has the higher dividend yield at 2.81%, compared with 0.00% for EUSC.

What is the main difference between EFNL and EUSC?

EFNL tracks MSCI Finland IMI 25/50 Index, while EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.53% for EFNL and 0.58% for EUSC.