EIDO vs. EWZ
Compare and contrast key facts about iShares MSCI Indonesia ETF (EIDO) and iShares MSCI Brazil ETF (EWZ).
EIDO and EWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EIDO is a passively managed fund by iShares that tracks the performance of the MSCI Indonesia Investable Market Index. It was launched on May 5, 2010. EWZ is a passively managed fund by iShares that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Jul 10, 2000. Both EIDO and EWZ 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: EIDO or EWZ.
Performance
EIDO vs. EWZ - Performance Comparison
Returns By Period
In the year-to-date period, EIDO achieves a -6.79% return, which is significantly higher than EWZ's -19.39% return. Over the past 10 years, EIDO has underperformed EWZ with an annualized return of -1.37%, while EWZ has yielded a comparatively higher -0.21% annualized return.
EIDO
-6.79%
-10.86%
1.10%
-3.49%
-1.73%
-1.37%
EWZ
-19.39%
-3.26%
-10.37%
-14.58%
-2.34%
-0.21%
Key characteristics
| EIDO | EWZ | |
|---|---|---|
| Sharpe Ratio | -0.18 | -0.63 |
| Sortino Ratio | -0.13 | -0.80 |
| Omega Ratio | 0.99 | 0.91 |
| Calmar Ratio | -0.08 | -0.28 |
| Martin Ratio | -0.40 | -1.01 |
| Ulcer Index | 7.54% | 12.72% |
| Daily Std Dev | 17.33% | 20.27% |
| Max Drawdown | -63.21% | -77.27% |
| Current Drawdown | -30.27% | -45.84% |
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EIDO vs. EWZ - Expense Ratio Comparison
Both EIDO and EWZ have an expense ratio of 0.59%.
Correlation
The correlation between EIDO and EWZ is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
EIDO vs. EWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Indonesia ETF (EIDO) and iShares MSCI Brazil ETF (EWZ). 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
EIDO vs. EWZ - Dividend Comparison
EIDO's dividend yield for the trailing twelve months is around 4.18%, less than EWZ's 7.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIDO iShares MSCI Indonesia ETF | 4.18% | 2.94% | 2.53% | 1.33% | 1.51% | 1.78% | 1.99% | 1.26% | 1.15% | 1.66% | 1.32% | 2.03% |
EWZ iShares MSCI Brazil ETF | 7.83% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% | 3.78% | 3.23% |
Drawdowns
EIDO vs. EWZ - Drawdown Comparison
The maximum EIDO drawdown since its inception was -63.21%, smaller than the maximum EWZ drawdown of -77.27%. Use the drawdown chart below to compare losses from any high point for EIDO and EWZ. For additional features, visit the drawdowns tool.
Volatility
EIDO vs. EWZ - Volatility Comparison
The current volatility for iShares MSCI Indonesia ETF (EIDO) is 4.25%, while iShares MSCI Brazil ETF (EWZ) has a volatility of 5.60%. This indicates that EIDO experiences smaller price fluctuations and is considered to be less risky than EWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.