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EIDO vs. EWW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

EIDO vs. EWW - Performance Comparison

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

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Returns By Period

In the year-to-date period, EIDO achieves a -34.87% return, which is significantly lower than EWW's 12.62% return. Over the past 10 years, EIDO has underperformed EWW with an annualized return of -3.97%, while EWW has yielded a comparatively higher 7.35% annualized return.


EIDO

1D
-4.99%
1M
-17.26%
YTD
-34.87%
6M
-34.69%
1Y
-31.45%
3Y*
-16.90%
5Y*
-8.84%
10Y*
-3.97%

EWW

1D
-1.26%
1M
3.21%
YTD
12.62%
6M
16.29%
1Y
34.15%
3Y*
12.42%
5Y*
13.49%
10Y*
7.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EIDO vs. EWW - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EIDO
iShares MSCI Indonesia ETF
-34.87%4.90%-13.02%2.56%-0.16%-0.60%-7.13%5.30%-10.88%19.40%
EWW
iShares MSCI Mexico ETF
12.62%53.65%-28.22%40.32%1.24%20.27%-3.06%12.64%-14.58%14.47%

Correlation

The correlation between EIDO and EWW is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.28

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

0.34

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

0.37

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

0.46

Correlation (All Time)
Calculated using the full available price history since May 10, 2010

0.52

Over the past year, the correlation between EIDO and EWW has dropped to 0.28 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

EIDO vs. EWW - Sectors Allocation Comparison


Sectors
EIDO
EWW

Financial Services

37.8%
18.1%

Basic Materials

18.5%
23.7%

Energy

10.6%

-

Communication Services

8.7%
10.4%

Consumer Defensive

7.5%
24.9%

Industrials

6.1%
13.1%

Technology

2.7%

-

Utilities

2.4%

-

Healthcare

2.4%
0.5%

Real Estate

1.8%
7.7%

Consumer Cyclical

1.6%
1.4%

Financial Services

EIDO
37.8%
EWW
18.1%

Basic Materials

EIDO
18.5%
EWW
23.7%

Energy

EIDO
10.6%
EWW

-

Communication Services

EIDO
8.7%
EWW
10.4%

Consumer Defensive

EIDO
7.5%
EWW
24.9%

Industrials

EIDO
6.1%
EWW
13.1%

Technology

EIDO
2.7%
EWW

-

Utilities

EIDO
2.4%
EWW

-

Healthcare

EIDO
2.4%
EWW
0.5%

Real Estate

EIDO
1.8%
EWW
7.7%

Consumer Cyclical

EIDO
1.6%
EWW
1.4%

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Return for Risk

EIDO vs. EWW — Risk / Return Rank

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

EIDO
EIDO Risk / Return Rank: 11
Overall Rank
EIDO Sharpe Ratio Rank: 00
Sharpe Ratio Rank
EIDO Sortino Ratio Rank: 11
Sortino Ratio Rank
EIDO Omega Ratio Rank: 00
Omega Ratio Rank
EIDO Calmar Ratio Rank: 22
Calmar Ratio Rank
EIDO Martin Ratio Rank: 00
Martin Ratio Rank

EWW
EWW Risk / Return Rank: 4747
Overall Rank
EWW Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
EWW Sortino Ratio Rank: 4545
Sortino Ratio Rank
EWW Omega Ratio Rank: 4444
Omega Ratio Rank
EWW Calmar Ratio Rank: 4949
Calmar Ratio Rank
EWW Martin Ratio Rank: 5252
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.

EIDO vs. EWW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Indonesia ETF (EIDO) and iShares MSCI Mexico ETF (EWW). 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.


EIDOEWWDifference

Sharpe ratio

Return per unit of total volatility

-1.41

1.62

-3.04

Sortino ratio

Return per unit of downside risk

-1.96

2.27

-4.23

Omega ratio

Gain probability vs. loss probability

0.75

1.29

-0.54

Calmar ratio

Return relative to maximum drawdown

-0.86

2.45

-3.31

Martin ratio

Return relative to average drawdown

-2.63

9.08

-11.71

EIDO vs. EWW - Sharpe Ratio Comparison

The current EIDO Sharpe Ratio is -1.41, which is lower than the EWW Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of EIDO and EWW, 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


EIDOEWWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.41

1.62

-3.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.45

0.60

-1.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.16

0.29

-0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.06

0.30

-0.37

Drawdowns

EIDO vs. EWW - Drawdown Comparison

The maximum EIDO drawdown since its inception was -63.21%, roughly equal to the maximum EWW drawdown of -64.94%. Use the drawdown chart below to compare losses from any high point for EIDO and EWW.


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Drawdown Indicators


EIDOEWWDifference

Max Drawdown

Largest peak-to-trough decline

-63.21%

-64.94%

+1.73%

Max Drawdown (1Y)

Largest decline over 1 year

-36.63%

-13.98%

-22.65%

Max Drawdown (3Y)

Largest decline over 3 years

-45.60%

-31.17%

-14.43%

Max Drawdown (5Y)

Largest decline over 5 years

-45.60%

-31.17%

-14.43%

Max Drawdown (10Y)

Largest decline over 10 years

-59.41%

-53.62%

-5.79%

Current Drawdown

Current decline from peak

-55.54%

-3.88%

-51.66%

Average Drawdown

Average peak-to-trough decline

-24.63%

-18.52%

-6.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.98%

3.77%

+8.21%

Volatility

EIDO vs. EWW - Volatility Comparison

iShares MSCI Indonesia ETF (EIDO) has a higher volatility of 7.47% compared to iShares MSCI Mexico ETF (EWW) at 5.79%. This indicates that EIDO's price experiences larger fluctuations and is considered to be riskier than EWW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EIDOEWWDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.47%

5.79%

+1.68%

Volatility (6M)

Calculated over the trailing 6-month period

18.22%

17.75%

+0.47%

Volatility (1Y)

Calculated over the trailing 1-year period

22.35%

21.15%

+1.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.77%

22.51%

-2.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.77%

25.39%

-0.62%

EIDO vs. EWW - Expense Ratio Comparison

EIDO has a 0.59% expense ratio, which is higher than EWW's 0.49% expense ratio.


Dividends

EIDO vs. EWW - Dividend Comparison

EIDO's dividend yield for the trailing twelve months is around 5.46%, more than EWW's 3.09% yield.


PositionTTM20252024202320222021202020192018201720162015
EIDO
iShares MSCI Indonesia ETF
5.46%3.56%5.20%2.94%2.53%1.33%1.51%1.78%1.99%1.26%1.16%1.67%
EWW
iShares MSCI Mexico ETF
3.09%3.48%4.39%2.19%3.64%2.06%1.43%2.92%2.30%2.22%1.77%2.34%

Frequently Asked Questions


EIDO and EWW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EIDO has higher volatility (7.47%) compared to EWW (5.79%). In terms of maximum drawdown, EIDO dropped -63.21% vs EWW's -64.94%.

On 10-year performance, EWW leads with 7.35% vs -3.97% for EIDO. On fees, EWW is cheaper at 0.49% per year. On volatility, EWW has been the lower-risk option at 5.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, EWW has performed better with a 7.35% return vs -3.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EWW is cheaper with a 0.49% expense ratio, compared with 0.59% for EIDO.

EIDO has the higher dividend yield at 5.46%, compared with 3.09% for EWW.

EIDO is categorized as Asia Pacific Equities, while EWW is Latin America Equities. EIDO tracks MSCI Indonesia Investable Market Index, while EWW tracks MSCI Mexico IMI 25/50 Index. Their fees differ too: 0.59% for EIDO and 0.49% for EWW.

EWW currently has the higher Sharpe Ratio (1.62 vs -1.41), 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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