EIRL vs. EUSC

Last updated Jun 4, 2026

EIRL (iShares MSCI Ireland ETF) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds - EIRL tracks the MSCI Ireland Investable Market 25/50 Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. EIRL charges 0.49%/yr vs 0.58%/yr for EUSC.

Performance

EIRL vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Ireland ETF (EIRL) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EIRL

• 1D: -0.80%
• 1M: 5.57%
• YTD: 3.82%
• 6M: 5.87%
• 1Y: 19.14%
• 3Y*: 13.07%
• 5Y*: 6.56%
• 10Y*: 8.09%

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EIRL vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
EIRL iShares MSCI Ireland ETF	0.14%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%

EIRL vs. EUSC - Sectors Allocation Comparison

Sectors	EIRL	EUSC
Financial Services	34.0%	28.4%
Industrials	24.8%	20.1%
Consumer Defensive	14.6%	4.1%
Healthcare	10.2%	2.9%
Consumer Cyclical	8.8%	9.1%
Energy	4.8%	3.7%
Real Estate	2.1%	9.3%
Basic Materials	0.5%	6.5%
Technology	0.3%	4.4%
Communication Services	-	5.0%
Utilities	-	6.5%

Return for Risk

EIRL vs. EUSC — Risk / Return Rank

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

EIRL

EIRL Risk / Return Rank: 29
EIRL Sharpe Ratio Rank: 29
EIRL Sortino Ratio Rank: 30
EIRL Omega Ratio Rank: 29
EIRL Calmar Ratio Rank: 27
EIRL Martin Ratio Rank: 30

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.

EIRL vs. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Ireland ETF (EIRL) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). 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.

	EIRL	EUSC	Difference
Sharpe ratio: Return per unit of total volatility	1.07	—	—
Sortino ratio: Return per unit of downside risk	1.62	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.35	—	—
Martin ratio: Return relative to average drawdown	4.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EIRL	EUSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	—	—

Drawdowns

EIRL vs. EUSC - Drawdown Comparison

The maximum EIRL drawdown since its inception was -46.48%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for EIRL and EUSC.

Drawdown Indicators

	EIRL	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-46.48%	0.00%	-46.48%
Max Drawdown (1Y) Largest decline over 1 year	-14.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.48%	—	—
Current Drawdown Current decline from peak	-1.03%	0.00%	-1.03%
Average Drawdown Average peak-to-trough decline	-9.11%	0.00%	-9.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.35%	—	—

Volatility

Volatility by Period

	EIRL	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	0.00%	+18.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.17%	0.00%	+21.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.76%	0.00%	+21.76%

EIRL vs. EUSC - Expense Ratio Comparison

EIRL has a 0.49% expense ratio, which is lower than EUSC's 0.58% expense ratio.

Dividends

EIRL vs. EUSC - Dividend Comparison

EIRL's dividend yield for the trailing twelve months is around 2.61%, while EUSC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIRL iShares MSCI Ireland ETF	2.61%	2.71%	2.56%	1.00%	1.13%	0.82%	0.50%	2.11%	1.52%	1.44%	1.34%	1.70%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, EIRL or EUSC?

On fees, EIRL is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EIRL or EUSC?

EIRL is cheaper with a 0.49% expense ratio, compared with 0.58% for EUSC.

Which ETF pays a higher dividend yield, EIRL or EUSC?

EIRL has the higher dividend yield at 2.61%, compared with 0.00% for EUSC.

What is the main difference between EIRL and EUSC?

EIRL tracks MSCI Ireland Investable Market 25/50 Index, while EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.49% for EIRL and 0.58% for EUSC.