EPU vs. ILIT

Last updated Jun 23, 2026

EPU (iShares MSCI Peru ETF) and ILIT (Ishares Lithium Miners And Producers ETF) are both exchange-traded funds - EPU is a Mid Cap Blend Equities fund tracking the MSCI All Peru Capped Index, while ILIT is a Lithium & Battery Metals fund tracking the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net. Both are passively managed. Over the past 3 years, EPU returned 48.43%/yr vs -5.16%/yr for ILIT. A 0.53 correlation means they provide meaningful diversification when combined. EPU charges 0.59%/yr vs 0.47%/yr for ILIT.

Performance

EPU vs. ILIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Peru ETF (EPU) and Ishares Lithium Miners And Producers ETF (ILIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPU achieves a 23.09% return, which is significantly higher than ILIT's 20.43% return.

EPU

• 1D: -0.24%
• 1M: 7.82%
• YTD: 23.09%
• 6M: 23.55%
• 1Y: 89.94%
• 3Y*: 48.43%
• 5Y*: 31.01%
• 10Y*: 15.17%

ILIT

• 1D: -0.71%
• 1M: -6.71%
• YTD: 20.43%
• 6M: 20.23%
• 1Y: 160.57%
• 3Y*: -5.16%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EPU vs. ILIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EPU iShares MSCI Peru ETF	23.09%	86.87%	21.73%	14.77%
ILIT Ishares Lithium Miners And Producers ETF	20.43%	81.51%	-45.14%	-28.86%

Correlation

The correlation between EPU and ILIT is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 23, 2023	0.53

The correlation between EPU and ILIT has been stable across timeframes, ranging from 0.50 to 0.53 - a consistent structural relationship.

EPU vs. ILIT - Sectors Allocation Comparison

Sectors	EPU	ILIT
Basic Materials	54.2%	85.0%
Financial Services	27.9%	-
Consumer Cyclical	4.1%	3.7%
Consumer Defensive	3.0%	-
Real Estate	3.0%	-
Utilities	2.8%	-
Industrials	2.6%	10.8%
Communication Services	1.5%	-
Healthcare	0.9%	-
Energy	-	-
Technology	-	0.4%

Return for Risk

EPU vs. ILIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPU

EPU Risk / Return Rank: 80
EPU Sharpe Ratio Rank: 90
EPU Sortino Ratio Rank: 77
EPU Omega Ratio Rank: 79
EPU Calmar Ratio Rank: 83
EPU Martin Ratio Rank: 69

ILIT

ILIT Risk / Return Rank: 86
ILIT Sharpe Ratio Rank: 93
ILIT Sortino Ratio Rank: 82
ILIT Omega Ratio Rank: 75
ILIT Calmar Ratio Rank: 93
ILIT Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPU vs. ILIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Peru ETF (EPU) and Ishares Lithium Miners And Producers ETF (ILIT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EPU	ILIT	Difference
Sharpe ratio: Return per unit of total volatility	2.91	3.20	-0.29
Sortino ratio: Return per unit of downside risk	3.28	3.47	-0.18
Omega ratio: Gain probability vs. loss probability	1.45	1.42	+0.03
Calmar ratio: Return relative to maximum drawdown	4.34	6.06	-1.72
Martin ratio: Return relative to average drawdown	12.45	17.10	-4.65

EPU vs. ILIT - Sharpe Ratio Comparison

The current EPU Sharpe Ratio is 2.91, which is comparable to the ILIT Sharpe Ratio of 3.20. The chart below compares the historical Sharpe Ratios of EPU and ILIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EPU vs. ILIT - Drawdown Comparison

The maximum EPU drawdown since its inception was -60.62%, smaller than the maximum ILIT drawdown of -73.69%. Use the drawdown chart below to compare losses from any high point for EPU and ILIT.

Drawdown Indicators

	EPU	ILIT	Difference
Max Drawdown Largest peak-to-trough decline	-60.62%	-73.69%	+13.07%
Max Drawdown (1Y) Largest decline over 1 year	-20.85%	-26.68%	+5.83%
Max Drawdown (3Y) Largest decline over 3 years	-20.85%	-73.69%	+52.84%
Max Drawdown (5Y) Largest decline over 5 years	-35.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.97%	—	—
Current Drawdown Current decline from peak	-5.10%	-21.22%	+16.12%
Average Drawdown Average peak-to-trough decline	-18.79%	-45.42%	+26.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.25%	9.43%	-2.18%

Volatility

EPU vs. ILIT - Volatility Comparison

The current volatility for iShares MSCI Peru ETF (EPU) is 12.16%, while Ishares Lithium Miners And Producers ETF (ILIT) has a volatility of 14.58%. This indicates that EPU experiences smaller price fluctuations and is considered to be less risky than ILIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPU	ILIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.16%	14.58%	-2.42%
Volatility (6M) Calculated over the trailing 6-month period	26.96%	35.02%	-8.06%
Volatility (1Y) Calculated over the trailing 1-year period	31.14%	50.62%	-19.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.06%	41.97%	-16.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.65%	41.97%	-18.32%

EPU vs. ILIT - Expense Ratio Comparison

EPU has a 0.59% expense ratio, which is higher than ILIT's 0.47% expense ratio.

Dividends

EPU vs. ILIT - Dividend Comparison

EPU's dividend yield for the trailing twelve months is around 1.95%, more than ILIT's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPU iShares MSCI Peru ETF	1.95%	1.63%	5.78%	4.17%	5.56%	3.13%	1.91%	2.67%	1.53%	3.30%	0.85%	1.90%
ILIT Ishares Lithium Miners And Producers ETF	1.71%	2.27%	6.48%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EPU and ILIT in my portfolio?

EPU and ILIT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPU or ILIT?

ILIT has higher volatility (14.58%) compared to EPU (12.16%). In terms of maximum drawdown, EPU dropped -60.62% vs ILIT's -73.69%.

Which ETF is better, EPU or ILIT?

On 3-year performance, EPU leads with 48.43% vs -5.16% for ILIT. On fees, ILIT is cheaper at 0.47% per year. On volatility, EPU has been the lower-risk option at 12.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EPU or ILIT?

Over the 3-year period, EPU has performed better with a 48.43% return vs -5.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EPU or ILIT?

ILIT is cheaper with a 0.47% expense ratio, compared with 0.59% for EPU.

Which ETF pays a higher dividend yield, EPU or ILIT?

EPU has the higher dividend yield at 1.95%, compared with 1.71% for ILIT.

What is the main difference between EPU and ILIT?

EPU is categorized as Mid Cap Blend Equities, while ILIT is Lithium & Battery Metals. EPU tracks MSCI All Peru Capped Index, while ILIT tracks STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net. Their fees differ too: 0.59% for EPU and 0.47% for ILIT.

Which has better risk-adjusted returns?

ILIT currently has the higher Sharpe Ratio (3.20 vs 2.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.