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

Performance

ENZL vs. EWGS - Performance Comparison

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

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.14%
0
ENZL
EWGS

Returns By Period


ENZL

YTD

-2.13%

1M

-3.58%

6M

5.84%

1Y

8.33%

5Y (annualized)

-0.28%

10Y (annualized)

4.76%

EWGS

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


ENZLEWGS

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ENZL vs. EWGS - Expense Ratio Comparison

ENZL has a 0.50% expense ratio, which is lower than EWGS's 0.59% expense ratio.


EWGS
iShares MSCI Germany Small-Cap ETF
Expense ratio chart for EWGS: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
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%

Correlation

-0.50.00.51.00.5

The correlation between ENZL and EWGS is 0.45, 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

ENZL vs. EWGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI New Zealand ETF (ENZL) and iShares MSCI Germany Small-Cap ETF (EWGS). 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 0.43, compared to the broader market0.002.004.000.43
The chart of Sortino ratio for ENZL, currently valued at 0.75, compared to the broader market-2.000.002.004.006.008.0010.0012.000.75
The chart of Omega ratio for ENZL, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.08
The chart of Calmar ratio for ENZL, currently valued at 0.21, compared to the broader market0.005.0010.0015.000.21
The chart of Martin ratio for ENZL, currently valued at 1.50, compared to the broader market0.0020.0040.0060.0080.00100.001.50
ENZL
EWGS

Rolling 12-month Sharpe Ratio-2.00-1.50-1.00-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.43
1.00
ENZL
EWGS

Dividends

ENZL vs. EWGS - Dividend Comparison

ENZL's dividend yield for the trailing twelve months is around 2.82%, while EWGS has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
ENZL
iShares MSCI New Zealand ETF
2.82%3.00%1.62%2.46%1.66%3.35%3.60%3.69%4.78%4.29%5.15%3.95%
EWGS
iShares MSCI Germany Small-Cap ETF
0.00%2.74%2.30%1.12%1.11%1.75%2.63%0.04%0.07%1.20%0.60%0.09%

Drawdowns

ENZL vs. EWGS - Drawdown Comparison


-36.00%-34.00%-32.00%-30.00%-28.00%-26.00%-24.00%JuneJulyAugustSeptemberOctoberNovember
-28.95%
-36.32%
ENZL
EWGS

Volatility

ENZL vs. EWGS - Volatility Comparison

iShares MSCI New Zealand ETF (ENZL) has a higher volatility of 3.65% compared to iShares MSCI Germany Small-Cap ETF (EWGS) at 0.00%. This indicates that ENZL's price experiences larger fluctuations and is considered to be riskier than EWGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.65%
0
ENZL
EWGS