ENOR vs. QAT
Compare and contrast key facts about iShares MSCI Norway ETF (ENOR) and iShares MSCI Qatar ETF (QAT).
ENOR and QAT 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. QAT is a passively managed fund by iShares that tracks the performance of the MSCI All Qatar Capped Index. It was launched on Apr 29, 2014. Both ENOR and QAT 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 QAT.
Performance
ENOR vs. QAT - Performance Comparison
Returns By Period
In the year-to-date period, ENOR achieves a 0.87% return, which is significantly lower than QAT's 5.69% return. Over the past 10 years, ENOR has outperformed QAT with an annualized return of 1.67%, while QAT has yielded a comparatively lower 0.14% annualized return.
ENOR
0.87%
-1.66%
-3.13%
7.77%
3.82%
1.67%
QAT
5.69%
-1.93%
9.43%
9.81%
4.11%
0.14%
Key characteristics
| ENOR | QAT | |
|---|---|---|
| Sharpe Ratio | 0.39 | 0.70 |
| Sortino Ratio | 0.64 | 1.06 |
| Omega Ratio | 1.08 | 1.13 |
| Calmar Ratio | 0.31 | 0.31 |
| Martin Ratio | 1.68 | 2.51 |
| Ulcer Index | 4.29% | 3.77% |
| Daily Std Dev | 18.30% | 13.66% |
| Max Drawdown | -55.37% | -45.21% |
| Current Drawdown | -14.90% | -19.16% |
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ENOR vs. QAT - Expense Ratio Comparison
ENOR has a 0.53% expense ratio, which is lower than QAT's 0.59% expense ratio.
Correlation
The correlation between ENOR and QAT is 0.28, 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.
Risk-Adjusted Performance
ENOR vs. QAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Norway ETF (ENOR) and iShares MSCI Qatar ETF (QAT). 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. QAT - Dividend Comparison
ENOR's dividend yield for the trailing twelve months is around 5.44%, more than QAT's 4.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENOR iShares MSCI Norway ETF | 5.44% | 5.06% | 4.02% | 2.23% | 2.39% | 3.14% | 2.79% | 2.47% | 2.96% | 3.24% | 4.52% | 0.63% |
QAT iShares MSCI Qatar ETF | 4.21% | 3.93% | 4.78% | 2.34% | 2.63% | 3.57% | 4.63% | 4.10% | 3.52% | 4.49% | 0.00% | 0.00% |
Drawdowns
ENOR vs. QAT - Drawdown Comparison
The maximum ENOR drawdown since its inception was -55.37%, which is greater than QAT's maximum drawdown of -45.21%. Use the drawdown chart below to compare losses from any high point for ENOR and QAT. For additional features, visit the drawdowns tool.
Volatility
ENOR vs. QAT - Volatility Comparison
iShares MSCI Norway ETF (ENOR) has a higher volatility of 5.06% compared to iShares MSCI Qatar ETF (QAT) at 4.24%. This indicates that ENOR's price experiences larger fluctuations and is considered to be riskier than QAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.