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ENZL vs. EDEN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ENZL and EDEN is 0.42, 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.


-0.50.00.51.00.4

Performance

ENZL vs. EDEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI New Zealand ETF (ENZL) and iShares MSCI Denmark ETF (EDEN). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
142.29%
377.47%
ENZL
EDEN

Key characteristics

Sharpe Ratio

ENZL:

-0.13

EDEN:

-0.13

Sortino Ratio

ENZL:

-0.06

EDEN:

-0.06

Omega Ratio

ENZL:

0.99

EDEN:

0.99

Calmar Ratio

ENZL:

-0.07

EDEN:

-0.10

Martin Ratio

ENZL:

-0.42

EDEN:

-0.34

Ulcer Index

ENZL:

5.36%

EDEN:

5.99%

Daily Std Dev

ENZL:

17.65%

EDEN:

16.31%

Max Drawdown

ENZL:

-42.44%

EDEN:

-36.61%

Current Drawdown

ENZL:

-31.05%

EDEN:

-19.99%

Returns By Period

In the year-to-date period, ENZL achieves a -5.03% return, which is significantly lower than EDEN's -4.67% return. Over the past 10 years, ENZL has underperformed EDEN with an annualized return of 4.58%, while EDEN has yielded a comparatively higher 9.91% annualized return.


ENZL

YTD

-5.03%

1M

-2.96%

6M

0.19%

1Y

-3.50%

5Y*

-2.32%

10Y*

4.58%

EDEN

YTD

-4.67%

1M

-6.82%

6M

-15.50%

1Y

-3.84%

5Y*

10.66%

10Y*

9.91%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ENZL vs. EDEN - Expense Ratio Comparison

ENZL has a 0.50% expense ratio, which is lower than EDEN's 0.53% expense ratio.


EDEN
iShares MSCI Denmark ETF
Expense ratio chart for EDEN: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for ENZL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

ENZL vs. EDEN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI New Zealand ETF (ENZL) and iShares MSCI Denmark ETF (EDEN). 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.


Sharpe ratio
The chart of Sharpe ratio for ENZL, currently valued at -0.13, compared to the broader market0.002.004.00-0.13-0.13
The chart of Sortino ratio for ENZL, currently valued at -0.06, compared to the broader market-2.000.002.004.006.008.0010.00-0.06-0.06
The chart of Omega ratio for ENZL, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.000.990.99
The chart of Calmar ratio for ENZL, currently valued at -0.07, compared to the broader market0.005.0010.0015.00-0.07-0.10
The chart of Martin ratio for ENZL, currently valued at -0.42, compared to the broader market0.0020.0040.0060.0080.00100.00-0.42-0.34
ENZL
EDEN

The current ENZL Sharpe Ratio is -0.13, which is comparable to the EDEN Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of ENZL and EDEN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.13
-0.13
ENZL
EDEN

Dividends

ENZL vs. EDEN - Dividend Comparison

ENZL's dividend yield for the trailing twelve months is around 2.14%, more than EDEN's 1.51% yield.


TTM20232022202120202019201820172016201520142013
ENZL
iShares MSCI New Zealand ETF
2.14%3.00%1.62%2.46%1.66%3.35%3.60%3.69%4.78%4.29%5.15%3.95%
EDEN
iShares MSCI Denmark ETF
1.51%1.92%1.47%0.74%0.42%2.36%2.01%2.03%1.28%1.46%0.87%0.86%

Drawdowns

ENZL vs. EDEN - Drawdown Comparison

The maximum ENZL drawdown since its inception was -42.44%, which is greater than EDEN's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for ENZL and EDEN. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-31.05%
-19.99%
ENZL
EDEN

Volatility

ENZL vs. EDEN - Volatility Comparison

iShares MSCI New Zealand ETF (ENZL) has a higher volatility of 6.76% compared to iShares MSCI Denmark ETF (EDEN) at 5.14%. This indicates that ENZL's price experiences larger fluctuations and is considered to be riskier than EDEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
6.76%
5.14%
ENZL
EDEN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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