EIDO vs. SGOV
EIDO (iShares MSCI Indonesia ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - EIDO is a Asia Pacific Equities fund tracking the MSCI Indonesia Investable Market Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, EIDO returned -9.13%/yr vs 3.54%/yr for SGOV. At a correlation of -0.01, they often move in opposite directions. EIDO charges 0.59%/yr vs 0.09%/yr for SGOV.
Performance
EIDO vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EIDO achieves a -35.88% return, which is significantly lower than SGOV's 1.52% return.
EIDO
- 1D
- -1.56%
- 1M
- -19.80%
- YTD
- -35.88%
- 6M
- -35.57%
- 1Y
- -32.63%
- 3Y*
- -17.30%
- 5Y*
- -9.13%
- 10Y*
- -4.37%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.52%
- 6M
- 1.79%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
EIDO vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EIDO iShares MSCI Indonesia ETF | -35.88% | 4.90% | -13.02% | 2.56% | -0.16% | -0.60% | 41.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.52% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between EIDO and SGOV is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EIDO vs. SGOV — Risk / Return Rank
EIDO
SGOV
EIDO vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Indonesia ETF (EIDO) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.74 | ||
| Sortino ratioReturn per unit of downside risk | -277.73 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 195.55 | -194.81 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 398.20 | -399.07 |
| Martin ratioReturn relative to average drawdown | -2.67 | 4,462.00 | -4,464.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EIDO | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.46 | 20.28 | -21.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.46 | 14.74 | -15.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.18 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 12.49 | -12.55 |
Drawdowns
EIDO vs. SGOV - Drawdown Comparison
The maximum EIDO drawdown since its inception was -63.21%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for EIDO and SGOV.
Loading charts...
Drawdown Indicators
| EIDO | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.21% | -0.03% | -63.18% |
Max Drawdown (1Y)Largest decline over 1 year | -37.62% | -0.01% | -37.61% |
Max Drawdown (3Y)Largest decline over 3 years | -46.45% | -0.01% | -46.44% |
Max Drawdown (5Y)Largest decline over 5 years | -46.45% | -0.03% | -46.42% |
Max Drawdown (10Y)Largest decline over 10 years | -59.41% | — | — |
Current DrawdownCurrent decline from peak | -56.24% | 0.00% | -56.24% |
Average DrawdownAverage peak-to-trough decline | -24.63% | -0.00% | -24.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.21% | 0.00% | +12.21% |
Volatility
EIDO vs. SGOV - Volatility Comparison
iShares MSCI Indonesia ETF (EIDO) has a higher volatility of 7.03% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that EIDO's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EIDO | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.03% | 0.05% | +6.98% |
Volatility (6M)Calculated over the trailing 6-month period | 18.23% | 0.13% | +18.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 0.20% | +22.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.78% | 0.24% | +19.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.77% | 0.24% | +24.53% |
EIDO vs. SGOV - Expense Ratio Comparison
EIDO has a 0.59% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
EIDO vs. SGOV - Dividend Comparison
EIDO's dividend yield for the trailing twelve months is around 5.55%, more than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIDO iShares MSCI Indonesia ETF | 5.55% | 3.56% | 5.20% | 2.94% | 2.53% | 1.33% | 1.51% | 1.78% | 1.99% | 1.26% | 1.16% | 1.67% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EIDO and SGOV have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EIDO has higher volatility (7.03%) compared to SGOV (0.05%). In terms of maximum drawdown, EIDO dropped -63.21% vs SGOV's -0.03%.
On 5-year performance, SGOV leads with 3.54% vs -9.13% for EIDO. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SGOV has performed better with a 3.54% return vs -9.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.59% for EIDO.
EIDO has the higher dividend yield at 5.55%, compared with 3.86% for SGOV.
EIDO is categorized as Asia Pacific Equities, while SGOV is Ultrashort Bond. EIDO tracks MSCI Indonesia Investable Market Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.59% for EIDO and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.28 vs -1.46), 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.
Find the right allocation for EIDO and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer