EFZ vs. EFA
Compare and contrast key facts about ProShares Short MSCI EAFE (EFZ) and iShares MSCI EAFE ETF (EFA).
EFZ and EFA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFZ is a passively managed fund by ProShares that tracks the performance of the MSCI EAFE Index (-100%). It was launched on Oct 23, 2007. EFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Index. It was launched on Aug 14, 2001. Both EFZ and EFA 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: EFZ or EFA.
Correlation
The correlation between EFZ and EFA is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
EFZ vs. EFA - Performance Comparison
Key characteristics
EFZ:
0.08
EFA:
0.42
EFZ:
0.21
EFA:
0.66
EFZ:
1.02
EFA:
1.08
EFZ:
0.01
EFA:
0.55
EFZ:
0.17
EFA:
1.56
EFZ:
5.99%
EFA:
3.48%
EFZ:
13.08%
EFA:
12.84%
EFZ:
-85.19%
EFA:
-61.04%
EFZ:
-83.36%
EFA:
-9.84%
Returns By Period
In the year-to-date period, EFZ achieves a 3.39% return, which is significantly higher than EFA's 2.79% return. Over the past 10 years, EFZ has underperformed EFA with an annualized return of -5.67%, while EFA has yielded a comparatively higher 4.98% annualized return.
EFZ
3.39%
1.86%
5.40%
2.61%
-5.19%
-5.67%
EFA
2.79%
-1.45%
-2.34%
3.74%
4.63%
4.98%
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EFZ vs. EFA - Expense Ratio Comparison
EFZ has a 0.95% expense ratio, which is higher than EFA's 0.32% expense ratio.
Risk-Adjusted Performance
EFZ vs. EFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short MSCI EAFE (EFZ) and iShares MSCI EAFE ETF (EFA). 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
EFZ vs. EFA - Dividend Comparison
EFZ's dividend yield for the trailing twelve months is around 4.03%, more than EFA's 3.26% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ProShares Short MSCI EAFE | 4.03% | 4.65% | 0.58% | 0.00% | 0.04% | 1.56% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
iShares MSCI EAFE ETF | 3.26% | 2.98% | 2.69% | 3.33% | 2.13% | 3.10% | 3.39% | 2.57% | 3.07% | 2.76% | 3.72% | 2.54% |
Drawdowns
EFZ vs. EFA - Drawdown Comparison
The maximum EFZ drawdown since its inception was -85.19%, which is greater than EFA's maximum drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for EFZ and EFA. For additional features, visit the drawdowns tool.
Volatility
EFZ vs. EFA - Volatility Comparison
ProShares Short MSCI EAFE (EFZ) and iShares MSCI EAFE ETF (EFA) have volatilities of 3.64% and 3.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.