ERO.L vs. IEUR
Compare and contrast key facts about SPDR MSCI Europe UCITS ETF (ERO.L) and iShares Core MSCI Europe ETF (IEUR).
ERO.L and IEUR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ERO.L is a passively managed fund by State Street Global Advisors Ltd that tracks the performance of the MSCI Europe NR EUR. It was launched on Dec 5, 2014. IEUR is a passively managed fund by iShares that tracks the performance of the MSCI Europe Investable Market Index. It was launched on Jun 10, 2014. Both ERO.L and IEUR 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: ERO.L or IEUR.
Correlation
The correlation between ERO.L and IEUR is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ERO.L vs. IEUR - Performance Comparison
Key characteristics
ERO.L:
1.07
IEUR:
0.95
ERO.L:
1.55
IEUR:
1.37
ERO.L:
1.18
IEUR:
1.16
ERO.L:
1.69
IEUR:
1.07
ERO.L:
3.80
IEUR:
2.49
ERO.L:
2.94%
IEUR:
4.99%
ERO.L:
10.44%
IEUR:
13.15%
ERO.L:
-28.41%
IEUR:
-36.96%
ERO.L:
-1.16%
IEUR:
-1.51%
Returns By Period
In the year-to-date period, ERO.L achieves a 9.14% return, which is significantly lower than IEUR's 10.80% return. Over the past 10 years, ERO.L has outperformed IEUR with an annualized return of 7.77%, while IEUR has yielded a comparatively lower 5.70% annualized return.
ERO.L
9.14%
2.95%
5.14%
12.11%
7.93%
7.77%
IEUR
10.80%
5.60%
1.82%
11.73%
7.06%
5.70%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ERO.L vs. IEUR - Expense Ratio Comparison
ERO.L has a 0.25% expense ratio, which is higher than IEUR's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ERO.L vs. IEUR — Risk-Adjusted Performance Rank
ERO.L
IEUR
ERO.L vs. IEUR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe UCITS ETF (ERO.L) and iShares Core MSCI Europe ETF (IEUR). 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.
Dividends
ERO.L vs. IEUR - Dividend Comparison
ERO.L has not paid dividends to shareholders, while IEUR's dividend yield for the trailing twelve months is around 3.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERO.L SPDR MSCI Europe UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEUR iShares Core MSCI Europe ETF | 3.19% | 3.54% | 3.17% | 3.05% | 2.87% | 2.13% | 3.26% | 3.76% | 2.64% | 3.19% | 2.79% | 0.64% |
Drawdowns
ERO.L vs. IEUR - Drawdown Comparison
The maximum ERO.L drawdown since its inception was -28.41%, smaller than the maximum IEUR drawdown of -36.96%. Use the drawdown chart below to compare losses from any high point for ERO.L and IEUR. For additional features, visit the drawdowns tool.
Volatility
ERO.L vs. IEUR - Volatility Comparison
SPDR MSCI Europe UCITS ETF (ERO.L) and iShares Core MSCI Europe ETF (IEUR) have volatilities of 3.72% and 3.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.