EIDO vs. IDX

Last updated Jun 24, 2026

EIDO (iShares MSCI Indonesia ETF) and IDX (VanEck Vectors Indonesia Index ETF) are both Asia Pacific Equities funds - EIDO tracks the MSCI Indonesia Investable Market Index while IDX tracks the MVIS Indonesia Index. Both are passively managed. Over the past 10 years, EIDO returned -3.60%/yr vs -3.79%/yr for IDX. Their correlation of 0.95 suggests significant overlap in exposure. EIDO charges 0.59%/yr vs 0.57%/yr for IDX.

Performance

EIDO vs. IDX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with EIDO having a -33.53% return and IDX slightly lower at -34.83%. Over the past 10 years, EIDO has outperformed IDX with an annualized return of -3.60%, while IDX has yielded a comparatively lower -3.79% annualized return.

EIDO

• 1D: 0.41%
• 1M: -5.05%
• YTD: -33.53%
• 6M: -32.96%
• 1Y: -25.70%
• 3Y*: -15.88%
• 5Y*: -7.01%
• 10Y*: -3.60%

IDX

• 1D: -0.55%
• 1M: -2.54%
• YTD: -34.83%
• 6M: -35.84%
• 1Y: -21.80%
• 3Y*: -12.82%
• 5Y*: -7.49%
• 10Y*: -3.79%

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

EIDO vs. IDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EIDO iShares MSCI Indonesia ETF	-33.53%	4.90%	-13.02%	2.56%	-0.16%	-0.60%	-7.13%	5.30%	-10.88%	19.40%
IDX VanEck Vectors Indonesia Index ETF	-34.83%	13.83%	-9.75%	1.98%	-9.40%	-2.59%	-7.45%	6.26%	-10.46%	19.24%

Correlation

The correlation between EIDO and IDX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since May 7, 2010	0.95

The correlation between EIDO and IDX has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.

EIDO vs. IDX - Sectors Allocation Comparison

Sectors	EIDO	IDX
Financial Services	42.5%	29.1%
Basic Materials	12.8%	21.3%
Communication Services	10.2%	9.5%
Energy	9.2%	9.5%
Consumer Defensive	7.9%	9.7%
Industrials	5.2%	0.3%
Technology	3.9%	2.2%
Real Estate	2.4%	1.2%
Consumer Cyclical	2.1%	7.2%
Utilities	2.0%	4.2%
Healthcare	1.8%	1.7%

Return for Risk

EIDO vs. IDX — Risk / Return Rank

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

EIDO

EIDO Risk / Return Rank: 2
EIDO Sharpe Ratio Rank: 1
EIDO Sortino Ratio Rank: 2
EIDO Omega Ratio Rank: 1
EIDO Calmar Ratio Rank: 4
EIDO Martin Ratio Rank: 0

IDX

IDX Risk / Return Rank: 3
IDX Sharpe Ratio Rank: 3
IDX Sortino Ratio Rank: 3
IDX Omega Ratio Rank: 3
IDX Calmar Ratio Rank: 5
IDX Martin Ratio Rank: 1

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. IDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Indonesia ETF (EIDO) and VanEck Vectors Indonesia Index ETF (IDX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EIDO	IDX	Difference
Sharpe ratio: Return per unit of total volatility	-1.01	-0.80	-0.21
Sortino ratio: Return per unit of downside risk	-1.38	-0.98	-0.40
Omega ratio: Gain probability vs. loss probability	0.82	0.87	-0.05
Calmar ratio: Return relative to maximum drawdown	-0.59	-0.49	-0.10
Martin ratio: Return relative to average drawdown	-1.77	-1.41	-0.36

EIDO vs. IDX - Sharpe Ratio Comparison

The current EIDO Sharpe Ratio is -1.01, which is comparable to the IDX Sharpe Ratio of -0.80. The chart below compares the historical Sharpe Ratios of EIDO and IDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EIDO vs. IDX - Drawdown Comparison

The maximum EIDO drawdown since its inception was -63.21%, roughly equal to the maximum IDX drawdown of -63.14%. Use the drawdown chart below to compare losses from any high point for EIDO and IDX.

Drawdown Indicators

	EIDO	IDX	Difference
Max Drawdown Largest peak-to-trough decline	-63.21%	-63.14%	-0.07%
Max Drawdown (1Y) Largest decline over 1 year	-43.81%	-44.52%	+0.71%
Max Drawdown (3Y) Largest decline over 3 years	-51.77%	-46.73%	-5.04%
Max Drawdown (5Y) Largest decline over 5 years	-51.77%	-51.25%	-0.52%
Max Drawdown (10Y) Largest decline over 10 years	-59.41%	-59.11%	-0.30%
Current Drawdown Current decline from peak	-54.63%	-55.80%	+1.17%
Average Drawdown Average peak-to-trough decline	-24.72%	-24.92%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.51%	15.47%	-0.96%

Volatility

EIDO vs. IDX - Volatility Comparison

iShares MSCI Indonesia ETF (EIDO) has a higher volatility of 14.34% compared to VanEck Vectors Indonesia Index ETF (IDX) at 13.48%. This indicates that EIDO's price experiences larger fluctuations and is considered to be riskier than IDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIDO	IDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.34%	13.48%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	22.25%	24.92%	-2.67%
Volatility (1Y) Calculated over the trailing 1-year period	25.45%	27.38%	-1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.51%	21.01%	-0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	24.47%	+0.51%

EIDO vs. IDX - Expense Ratio Comparison

EIDO has a 0.59% expense ratio, which is higher than IDX's 0.57% expense ratio.

Dividends

EIDO vs. IDX - Dividend Comparison

EIDO's dividend yield for the trailing twelve months is around 3.35%, more than IDX's 3.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIDO iShares MSCI Indonesia ETF	3.35%	3.56%	5.20%	2.94%	2.53%	1.33%	1.51%	1.78%	1.99%	1.26%	1.16%	1.67%
IDX VanEck Vectors Indonesia Index ETF	3.20%	2.08%	4.01%	3.62%	3.64%	1.08%	1.66%	2.21%	2.19%	1.85%	1.16%	2.43%

Frequently Asked Questions

Can I hold both EIDO and IDX in my portfolio?

EIDO and IDX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EIDO or IDX?

EIDO has higher volatility (14.34%) compared to IDX (13.48%). In terms of maximum drawdown, EIDO dropped -63.21% vs IDX's -63.14%.

Which ETF is better, EIDO or IDX?

On 10-year performance, EIDO leads with -3.60% vs -3.79% for IDX. On fees, IDX is cheaper at 0.57% per year. On volatility, IDX has been the lower-risk option at 13.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EIDO or IDX?

Over the 10-year period, EIDO has performed better with a -3.60% return vs -3.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EIDO or IDX?

IDX is cheaper with a 0.57% expense ratio, compared with 0.59% for EIDO.

Which ETF pays a higher dividend yield, EIDO or IDX?

EIDO has the higher dividend yield at 3.35%, compared with 3.20% for IDX.

What is the main difference between EIDO and IDX?

EIDO tracks MSCI Indonesia Investable Market Index, while IDX tracks MVIS Indonesia Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.59% for EIDO and 0.57% for IDX.

Which has better risk-adjusted returns?

IDX currently has the higher Sharpe Ratio (-0.80 vs -1.01), 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.