ENZL vs. EWY
Compare and contrast key facts about iShares MSCI New Zealand ETF (ENZL) and iShares MSCI South Korea ETF (EWY).
ENZL and EWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENZL is a passively managed fund by iShares that tracks the performance of the MSCI New Zealand Investable Market Index. It was launched on Sep 1, 2010. EWY is a passively managed fund by iShares that tracks the performance of the MSCI Korea Index. It was launched on May 12, 2000. Both ENZL and EWY 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: ENZL or EWY.
Correlation
The correlation between ENZL and EWY is -0.60. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ENZL vs. EWY - Performance Comparison
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Key characteristics
ENZL:
21.21%
EWY:
15.74%
ENZL:
-1.32%
EWY:
-2.22%
ENZL:
0.00%
EWY:
-1.38%
Returns By Period
ENZL
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EWY
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ENZL vs. EWY - Expense Ratio Comparison
ENZL has a 0.50% expense ratio, which is lower than EWY's 0.59% expense ratio.
Risk-Adjusted Performance
ENZL vs. EWY — Risk-Adjusted Performance Rank
ENZL
EWY
ENZL vs. EWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI New Zealand ETF (ENZL) and iShares MSCI South Korea ETF (EWY). 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.
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Dividends
ENZL vs. EWY - Dividend Comparison
ENZL's dividend yield for the trailing twelve months is around 2.13%, less than EWY's 2.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENZL iShares MSCI New Zealand ETF | 2.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWY iShares MSCI South Korea ETF | 2.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ENZL vs. EWY - Drawdown Comparison
The maximum ENZL drawdown since its inception was -1.32%, smaller than the maximum EWY drawdown of -2.22%. Use the drawdown chart below to compare losses from any high point for ENZL and EWY. For additional features, visit the drawdowns tool.
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Volatility
ENZL vs. EWY - Volatility Comparison
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