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EIDO vs. EWZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.5

Performance

EIDO vs. EWZ - Performance Comparison

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

-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
10.53%
-31.18%
EIDO
EWZ

Key characteristics

Sharpe Ratio

EIDO:

-0.62

EWZ:

-1.18

Sortino Ratio

EIDO:

-0.75

EWZ:

-1.61

Omega Ratio

EIDO:

0.91

EWZ:

0.81

Calmar Ratio

EIDO:

-0.30

EWZ:

-0.49

Martin Ratio

EIDO:

-1.26

EWZ:

-1.78

Ulcer Index

EIDO:

8.86%

EWZ:

14.69%

Daily Std Dev

EIDO:

18.02%

EWZ:

22.10%

Max Drawdown

EIDO:

-63.21%

EWZ:

-77.25%

Current Drawdown

EIDO:

-35.28%

EWZ:

-52.00%

Returns By Period

In the year-to-date period, EIDO achieves a -13.48% return, which is significantly higher than EWZ's -28.62% return. Over the past 10 years, EIDO has underperformed EWZ with an annualized return of -1.65%, while EWZ has yielded a comparatively higher 0.32% annualized return.


EIDO

YTD

-13.48%

1M

-6.44%

6M

-0.66%

1Y

-12.18%

5Y*

-3.80%

10Y*

-1.65%

EWZ

YTD

-28.62%

1M

-11.05%

6M

-12.02%

1Y

-27.31%

5Y*

-6.41%

10Y*

0.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EIDO vs. EWZ - Expense Ratio Comparison

Both EIDO and EWZ have an expense ratio of 0.59%.


EIDO
iShares MSCI Indonesia ETF
Expense ratio chart for EIDO: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for EWZ: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

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.


Sharpe ratio
The chart of Sharpe ratio for EIDO, currently valued at -0.62, compared to the broader market0.002.004.00-0.62-1.18
The chart of Sortino ratio for EIDO, currently valued at -0.75, compared to the broader market-2.000.002.004.006.008.0010.00-0.75-1.61
The chart of Omega ratio for EIDO, currently valued at 0.91, compared to the broader market0.501.001.502.002.503.000.910.81
The chart of Calmar ratio for EIDO, currently valued at -0.30, compared to the broader market0.005.0010.0015.00-0.30-0.54
The chart of Martin ratio for EIDO, currently valued at -1.26, compared to the broader market0.0020.0040.0060.0080.00100.00-1.26-1.78
EIDO
EWZ

The current EIDO Sharpe Ratio is -0.62, which is higher than the EWZ Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of EIDO and EWZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-0.62
-1.18
EIDO
EWZ

Dividends

EIDO vs. EWZ - Dividend Comparison

EIDO's dividend yield for the trailing twelve months is around 4.90%, less than EWZ's 8.69% yield.


TTM20232022202120202019201820172016201520142013
EIDO
iShares MSCI Indonesia ETF
4.90%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
8.69%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 -77.25%. Use the drawdown chart below to compare losses from any high point for EIDO and EWZ. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%JulyAugustSeptemberOctoberNovemberDecember
-35.28%
-46.96%
EIDO
EWZ

Volatility

EIDO vs. EWZ - Volatility Comparison

The current volatility for iShares MSCI Indonesia ETF (EIDO) is 6.76%, while iShares MSCI Brazil ETF (EWZ) has a volatility of 11.13%. 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.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.76%
11.13%
EIDO
EWZ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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