EIRL vs. EWZS
Compare and contrast key facts about iShares MSCI Ireland ETF (EIRL) and iShares MSCI Brazil Small-Cap ETF (EWZS).
EIRL and EWZS 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. EWZS is a passively managed fund by iShares that tracks the performance of the MSCI Brazil Small Cap Index. It was launched on Sep 28, 2010. Both EIRL and EWZS 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 EWZS.
Key characteristics
| EIRL | EWZS | |
|---|---|---|
| YTD Return | 4.54% | -19.74% |
| 1Y Return | 16.29% | -8.52% |
| 3Y Return (Ann) | 4.02% | -3.65% |
| 5Y Return (Ann) | 8.90% | -5.46% |
| 10Y Return (Ann) | 8.07% | 0.38% |
| Sharpe Ratio | 1.14 | -0.25 |
| Sortino Ratio | 1.70 | -0.19 |
| Omega Ratio | 1.21 | 0.98 |
| Calmar Ratio | 1.64 | -0.14 |
| Martin Ratio | 5.67 | -0.47 |
| Ulcer Index | 3.35% | 13.27% |
| Daily Std Dev | 16.49% | 25.06% |
| Max Drawdown | -46.48% | -79.26% |
| Current Drawdown | -10.25% | -43.15% |
Correlation
The correlation between EIRL and EWZS is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EIRL vs. EWZS - Performance Comparison
In the year-to-date period, EIRL achieves a 4.54% return, which is significantly higher than EWZS's -19.74% return. Over the past 10 years, EIRL has outperformed EWZS with an annualized return of 8.07%, while EWZS has yielded a comparatively lower 0.38% 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. EWZS - Expense Ratio Comparison
EIRL has a 0.49% expense ratio, which is lower than EWZS's 0.59% expense ratio.
Risk-Adjusted Performance
EIRL vs. EWZS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Ireland ETF (EIRL) and iShares MSCI Brazil Small-Cap ETF (EWZS). 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. EWZS - Dividend Comparison
EIRL's dividend yield for the trailing twelve months is around 1.55%, less than EWZS's 3.86% 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% |
EWZS iShares MSCI Brazil Small-Cap ETF | 3.86% | 2.75% | 4.61% | 4.50% | 1.15% | 1.76% | 4.75% | 3.38% | 3.58% | 4.31% | 3.02% | 1.86% |
Drawdowns
EIRL vs. EWZS - Drawdown Comparison
The maximum EIRL drawdown since its inception was -46.48%, smaller than the maximum EWZS drawdown of -79.26%. Use the drawdown chart below to compare losses from any high point for EIRL and EWZS. For additional features, visit the drawdowns tool.
Volatility
EIRL vs. EWZS - Volatility Comparison
The current volatility for iShares MSCI Ireland ETF (EIRL) is 4.91%, while iShares MSCI Brazil Small-Cap ETF (EWZS) has a volatility of 7.15%. This indicates that EIRL experiences smaller price fluctuations and is considered to be less risky than EWZS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.