EIDO vs. KSA

Last updated Jun 4, 2026

EIDO (iShares MSCI Indonesia ETF) and KSA (iShares MSCI Saudi Arabia ETF) are both exchange-traded funds - EIDO is a Asia Pacific Equities fund tracking the MSCI Indonesia Investable Market Index, while KSA is a Emerging Markets Equities fund tracking the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index. Both are passively managed. Over the past 10 years, EIDO returned -3.97%/yr vs 7.46%/yr for KSA. At a 0.31 correlation, their price movements are largely independent. EIDO charges 0.59%/yr vs 0.74%/yr for KSA.

Performance

EIDO vs. KSA - Performance Comparison

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

Returns By Period

In the year-to-date period, EIDO achieves a -34.87% return, which is significantly lower than KSA's 4.97% return. Over the past 10 years, EIDO has underperformed KSA with an annualized return of -3.97%, while KSA has yielded a comparatively higher 7.46% 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%

KSA

• 1D: -1.27%
• 1M: -1.32%
• YTD: 4.97%
• 6M: 4.43%
• 1Y: 3.56%
• 3Y*: 0.52%
• 5Y*: 1.95%
• 10Y*: 7.46%

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

EIDO vs. KSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
KSA iShares MSCI Saudi Arabia ETF	4.97%	-8.20%	-0.19%	15.05%	-6.06%	33.62%	2.65%	9.30%	13.07%	6.14%

Correlation

The correlation between EIDO and KSA is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Sep 18, 2015	0.31

The correlation between EIDO and KSA shifts across timeframes, from 0.17 (1 year) to 0.31 (10 years), reflecting how their relationship changes across market environments.

EIDO vs. KSA - Sectors Allocation Comparison

Sectors	EIDO	KSA
Financial Services	37.8%	39.7%
Basic Materials	18.5%	13.3%
Energy	10.6%	13.0%
Communication Services	8.7%	8.2%
Consumer Defensive	7.5%	3.8%
Industrials	6.1%	4.4%
Technology	2.7%	2.2%
Utilities	2.4%	4.6%
Healthcare	2.4%	4.3%
Real Estate	1.8%	3.5%
Consumer Cyclical	1.6%	2.3%

Return for Risk

EIDO vs. KSA — Risk / Return Rank

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

EIDO

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

KSA

KSA Risk / Return Rank: 12
KSA Sharpe Ratio Rank: 11
KSA Sortino Ratio Rank: 12
KSA Omega Ratio Rank: 11
KSA Calmar Ratio Rank: 12
KSA Martin Ratio Rank: 12

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. KSA - Risk-Adjusted Trends Comparison

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

	EIDO	KSA	Difference
Sharpe ratio: Return per unit of total volatility	-1.41	0.21	-1.63
Sortino ratio: Return per unit of downside risk	-1.96	0.47	-2.43
Omega ratio: Gain probability vs. loss probability	0.75	1.05	-0.31
Calmar ratio: Return relative to maximum drawdown	-0.86	0.31	-1.17
Martin ratio: Return relative to average drawdown	-2.63	0.69	-3.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EIDO vs. KSA - Sharpe Ratio Comparison

The current EIDO Sharpe Ratio is -1.41, which is lower than the KSA Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of EIDO and KSA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EIDO	KSA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.41	0.21	-1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.45	0.12	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.16	0.37	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.30	-0.37

Drawdowns

EIDO vs. KSA - Drawdown Comparison

The maximum EIDO drawdown since its inception was -63.21%, which is greater than KSA's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for EIDO and KSA.

Drawdown Indicators

	EIDO	KSA	Difference
Max Drawdown Largest peak-to-trough decline	-63.21%	-40.56%	-22.65%
Max Drawdown (1Y) Largest decline over 1 year	-36.63%	-11.62%	-25.01%
Max Drawdown (3Y) Largest decline over 3 years	-45.60%	-15.56%	-30.04%
Max Drawdown (5Y) Largest decline over 5 years	-45.60%	-28.08%	-17.52%
Max Drawdown (10Y) Largest decline over 10 years	-59.41%	-40.56%	-18.85%
Current Drawdown Current decline from peak	-55.54%	-16.69%	-38.85%
Average Drawdown Average peak-to-trough decline	-24.63%	-11.43%	-13.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.98%	5.18%	+6.80%

Volatility

EIDO vs. KSA - Volatility Comparison

iShares MSCI Indonesia ETF (EIDO) has a higher volatility of 7.47% compared to iShares MSCI Saudi Arabia ETF (KSA) at 3.70%. This indicates that EIDO's price experiences larger fluctuations and is considered to be riskier than KSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIDO	KSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.47%	3.70%	+3.77%
Volatility (6M) Calculated over the trailing 6-month period	18.22%	12.20%	+6.02%
Volatility (1Y) Calculated over the trailing 1-year period	22.35%	16.68%	+5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.77%	15.88%	+3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.77%	20.04%	+4.73%

EIDO vs. KSA - Expense Ratio Comparison

EIDO has a 0.59% expense ratio, which is lower than KSA's 0.74% expense ratio.

Dividends

EIDO vs. KSA - Dividend Comparison

EIDO's dividend yield for the trailing twelve months is around 5.46%, more than KSA's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
KSA iShares MSCI Saudi Arabia ETF	2.81%	2.95%	3.44%	2.44%	1.93%	1.58%	1.76%	2.15%	2.51%	2.30%	3.05%	0.04%

Frequently Asked Questions

Can I hold both EIDO and KSA in my portfolio?

EIDO and KSA have a correlation of 0.17, 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 KSA?

EIDO has higher volatility (7.47%) compared to KSA (3.70%). In terms of maximum drawdown, EIDO dropped -63.21% vs KSA's -40.56%.

Which ETF is better, EIDO or KSA?

On 10-year performance, KSA leads with 7.46% vs -3.97% for EIDO. On fees, EIDO is cheaper at 0.59% per year. On volatility, KSA has been the lower-risk option at 3.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EIDO or KSA?

Over the 10-year period, KSA has performed better with a 7.46% return vs -3.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EIDO or KSA?

EIDO is cheaper with a 0.59% expense ratio, compared with 0.74% for KSA.

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

EIDO has the higher dividend yield at 5.46%, compared with 2.81% for KSA.

What is the main difference between EIDO and KSA?

EIDO is categorized as Asia Pacific Equities, while KSA is Emerging Markets Equities. EIDO tracks MSCI Indonesia Investable Market Index, while KSA tracks MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index. Their fees differ too: 0.59% for EIDO and 0.74% for KSA.

Which has better risk-adjusted returns?

KSA currently has the higher Sharpe Ratio (0.21 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.