EPU vs. RUNN

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Peru ETF (EPU) and Running Oak Efficient Growth ETF (RUNN).

EPU and RUNN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EPU is a passively managed fund by iShares that tracks the performance of the MSCI All Peru Capped Index. It was launched on Jun 19, 2009. RUNN is an actively managed fund by Running Oak Capital. It was launched on Jun 7, 2023.

Performance

EPU vs. RUNN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Peru ETF (EPU) and Running Oak Efficient Growth ETF (RUNN). The values are adjusted to include any dividend payments, if applicable.

EPU vs. RUNN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EPU iShares MSCI Peru ETF	14.25%	86.87%	21.73%	14.92%
RUNN Running Oak Efficient Growth ETF	-2.84%	2.30%	17.16%	12.05%

Returns By Period

In the year-to-date period, EPU achieves a 14.25% return, which is significantly higher than RUNN's -2.84% return.

EPU

• 1D: 2.42%
• 1M: -11.48%
• YTD: 14.25%
• 6M: 35.96%
• 1Y: 89.75%
• 3Y*: 45.24%
• 5Y*: 24.03%
• 10Y*: 15.87%

RUNN

• 1D: 0.57%
• 1M: -6.32%
• YTD: -2.84%
• 6M: -5.00%
• 1Y: 0.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EPU vs. RUNN - Expense Ratio Comparison

EPU has a 0.59% expense ratio, which is higher than RUNN's 0.58% expense ratio.

EPU

iShares MSCI Peru ETF

RUNN

Running Oak Efficient Growth ETF

Return for Risk

EPU vs. RUNN — Risk / Return Rank

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

EPU

EPU Risk / Return Rank: 96
EPU Sharpe Ratio Rank: 97
EPU Sortino Ratio Rank: 96
EPU Omega Ratio Rank: 96
EPU Calmar Ratio Rank: 96
EPU Martin Ratio Rank: 96

RUNN

RUNN Risk / Return Rank: 12
RUNN Sharpe Ratio Rank: 12
RUNN Sortino Ratio Rank: 11
RUNN Omega Ratio Rank: 11
RUNN Calmar Ratio Rank: 13
RUNN Martin Ratio Rank: 13

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. RUNN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Peru ETF (EPU) and Running Oak Efficient Growth ETF (RUNN). 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.

	EPU	RUNN	Difference
Sharpe ratio Return per unit of total volatility	3.07	0.02	+3.06
Sortino ratio Return per unit of downside risk	3.41	0.15	+3.26
Omega ratio Gain probability vs. loss probability	1.49	1.02	+0.48
Calmar ratio Return relative to maximum drawdown	4.44	0.04	+4.40
Martin ratio Return relative to average drawdown	18.15	0.11	+18.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPU vs. RUNN - Sharpe Ratio Comparison

The current EPU Sharpe Ratio is 3.07, which is higher than the RUNN Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of EPU and RUNN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EPU	RUNN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.07	0.02	+3.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.72	-0.27

Correlation

The correlation between EPU and RUNN is 0.35, 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.

Dividends

EPU vs. RUNN - Dividend Comparison

EPU's dividend yield for the trailing twelve months is around 1.43%, more than RUNN's 0.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPU iShares MSCI Peru ETF	1.43%	1.63%	5.78%	4.17%	5.56%	3.13%	1.91%	2.67%	1.53%	3.30%	0.85%	1.90%
RUNN Running Oak Efficient Growth ETF	0.57%	0.55%	0.39%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EPU vs. RUNN - Drawdown Comparison

The maximum EPU drawdown since its inception was -60.62%, which is greater than RUNN's maximum drawdown of -16.83%. Use the drawdown chart below to compare losses from any high point for EPU and RUNN.

Drawdown Indicators

	EPU	RUNN	Difference
Max Drawdown Largest peak-to-trough decline	-60.62%	-16.83%	-43.79%
Max Drawdown (1Y) Largest decline over 1 year	-20.85%	-10.60%	-10.25%
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	-11.91%	-7.74%	-4.17%
Average Drawdown Average peak-to-trough decline	-18.90%	-3.36%	-15.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.11%	3.82%	+1.29%

Volatility

EPU vs. RUNN - Volatility Comparison

iShares MSCI Peru ETF (EPU) has a higher volatility of 13.10% compared to Running Oak Efficient Growth ETF (RUNN) at 4.42%. This indicates that EPU's price experiences larger fluctuations and is considered to be riskier than RUNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPU	RUNN	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.10%	4.42%	+8.68%
Volatility (6M) Calculated over the trailing 6-month period	24.12%	9.85%	+14.27%
Volatility (1Y) Calculated over the trailing 1-year period	29.37%	16.68%	+12.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.09%	13.87%	+11.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.63%	13.87%	+9.76%