EIRL vs. EUFN
Compare and contrast key facts about iShares MSCI Ireland ETF (EIRL) and iShares MSCI Europe Financials ETF (EUFN).
EIRL and EUFN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EIRL is a passively managed fund by iShares that tracks the performance of the MSCI Ireland Investable Market 25/50 Index. It was launched on May 5, 2010. EUFN is a passively managed fund by iShares that tracks the performance of the MSCI Europe Financials Index. It was launched on Jan 20, 2010. Both EIRL and EUFN 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: EIRL or EUFN.
Key characteristics
| EIRL | EUFN | |
|---|---|---|
| YTD Return | 4.54% | 19.60% |
| 1Y Return | 16.29% | 35.32% |
| 3Y Return (Ann) | 4.02% | 10.04% |
| 5Y Return (Ann) | 8.90% | 9.46% |
| 10Y Return (Ann) | 8.07% | 4.87% |
| Sharpe Ratio | 1.14 | 2.48 |
| Sortino Ratio | 1.70 | 3.22 |
| Omega Ratio | 1.21 | 1.41 |
| Calmar Ratio | 1.64 | 4.51 |
| Martin Ratio | 5.67 | 14.94 |
| Ulcer Index | 3.35% | 2.47% |
| Daily Std Dev | 16.49% | 14.89% |
| Max Drawdown | -46.48% | -53.25% |
| Current Drawdown | -10.25% | -3.04% |
Correlation
The correlation between EIRL and EUFN is 0.69, 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.
Performance
EIRL vs. EUFN - Performance Comparison
In the year-to-date period, EIRL achieves a 4.54% return, which is significantly lower than EUFN's 19.60% return. Over the past 10 years, EIRL has outperformed EUFN with an annualized return of 8.07%, while EUFN has yielded a comparatively lower 4.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EIRL vs. EUFN - Expense Ratio Comparison
EIRL has a 0.49% expense ratio, which is higher than EUFN's 0.48% expense ratio.
Risk-Adjusted Performance
EIRL vs. EUFN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Ireland ETF (EIRL) and iShares MSCI Europe Financials ETF (EUFN). 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
EIRL vs. EUFN - Dividend Comparison
EIRL's dividend yield for the trailing twelve months is around 1.55%, less than EUFN's 4.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIRL iShares MSCI Ireland ETF | 1.55% | 1.00% | 1.13% | 0.82% | 0.50% | 2.11% | 1.52% | 1.44% | 1.34% | 1.70% | 2.26% | 1.65% |
EUFN iShares MSCI Europe Financials ETF | 4.51% | 5.00% | 4.24% | 4.15% | 1.38% | 4.55% | 6.48% | 3.04% | 4.03% | 3.65% | 3.35% | 1.59% |
Drawdowns
EIRL vs. EUFN - Drawdown Comparison
The maximum EIRL drawdown since its inception was -46.48%, smaller than the maximum EUFN drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for EIRL and EUFN. For additional features, visit the drawdowns tool.
Volatility
EIRL vs. EUFN - Volatility Comparison
iShares MSCI Ireland ETF (EIRL) has a higher volatility of 4.91% compared to iShares MSCI Europe Financials ETF (EUFN) at 3.08%. This indicates that EIRL's price experiences larger fluctuations and is considered to be riskier than EUFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.