ENOR vs. MGK
Compare and contrast key facts about iShares MSCI Norway ETF (ENOR) and Vanguard Mega Cap Growth ETF (MGK).
ENOR and MGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENOR is a passively managed fund by iShares that tracks the performance of the MSCI Norway IMI 25/50 Index. It was launched on Jan 23, 2012. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007. Both ENOR and MGK 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: ENOR or MGK.
Performance
ENOR vs. MGK - Performance Comparison
Returns By Period
In the year-to-date period, ENOR achieves a 3.49% return, which is significantly lower than MGK's 29.83% return. Over the past 10 years, ENOR has underperformed MGK with an annualized return of 1.91%, while MGK has yielded a comparatively higher 16.23% annualized return.
ENOR
3.49%
0.62%
0.00%
10.74%
4.24%
1.91%
MGK
29.83%
1.82%
14.74%
34.36%
20.06%
16.23%
Key characteristics
| ENOR | MGK | |
|---|---|---|
| Sharpe Ratio | 0.56 | 2.03 |
| Sortino Ratio | 0.86 | 2.66 |
| Omega Ratio | 1.10 | 1.37 |
| Calmar Ratio | 0.44 | 2.59 |
| Martin Ratio | 2.33 | 9.82 |
| Ulcer Index | 4.33% | 3.57% |
| Daily Std Dev | 17.89% | 17.30% |
| Max Drawdown | -55.37% | -48.36% |
| Current Drawdown | -12.68% | -1.38% |
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ENOR vs. MGK - Expense Ratio Comparison
ENOR has a 0.53% expense ratio, which is higher than MGK's 0.07% expense ratio.
Correlation
The correlation between ENOR and MGK is 0.50, 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.
Risk-Adjusted Performance
ENOR vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Norway ETF (ENOR) and Vanguard Mega Cap Growth ETF (MGK). 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
ENOR vs. MGK - Dividend Comparison
ENOR's dividend yield for the trailing twelve months is around 5.30%, more than MGK's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENOR iShares MSCI Norway ETF | 5.30% | 5.06% | 4.02% | 2.23% | 2.39% | 3.14% | 2.79% | 2.47% | 2.96% | 3.24% | 4.52% | 0.63% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
ENOR vs. MGK - Drawdown Comparison
The maximum ENOR drawdown since its inception was -55.37%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for ENOR and MGK. For additional features, visit the drawdowns tool.
Volatility
ENOR vs. MGK - Volatility Comparison
The current volatility for iShares MSCI Norway ETF (ENOR) is 4.99%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.40%. This indicates that ENOR experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.