ESML vs. CWS
Compare and contrast key facts about iShares ESG Aware MSCI USA Small-Cap ETF (ESML) and AdvisorShares Focused Equity ETF (CWS).
ESML and CWS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESML is a passively managed fund by iShares that tracks the performance of the MSCI USA Small Cap Extended ESG Focus Index. It was launched on Apr 10, 2018. CWS is an actively managed fund by AdvisorShares. It was launched on Sep 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESML or CWS.
Key characteristics
| ESML | CWS | |
|---|---|---|
| YTD Return | 1.57% | 3.61% |
| 1Y Return | 20.23% | 22.89% |
| 3Y Return (Ann) | 0.15% | 9.53% |
| 5Y Return (Ann) | 8.29% | 13.20% |
| Sharpe Ratio | 1.02 | 1.65 |
| Daily Std Dev | 18.24% | 12.86% |
| Max Drawdown | -41.97% | -33.82% |
| Current Drawdown | -7.01% | -3.50% |
Correlation
The correlation between ESML and CWS is 0.73, 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
ESML vs. CWS - Performance Comparison
In the year-to-date period, ESML achieves a 1.57% return, which is significantly lower than CWS's 3.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ESML vs. CWS - Expense Ratio Comparison
ESML has a 0.17% expense ratio, which is lower than CWS's 0.77% expense ratio.
Risk-Adjusted Performance
ESML vs. CWS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI USA Small-Cap ETF (ESML) and AdvisorShares Focused Equity ETF (CWS). 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
ESML vs. CWS - Dividend Comparison
ESML's dividend yield for the trailing twelve months is around 1.28%, more than CWS's 0.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ESML iShares ESG Aware MSCI USA Small-Cap ETF | 1.28% | 1.31% | 1.46% | 0.94% | 0.99% | 1.10% | 1.07% | 0.00% | 0.00% |
CWS AdvisorShares Focused Equity ETF | 0.24% | 0.25% | 0.50% | 0.16% | 0.27% | 0.39% | 2.61% | 0.29% | 0.03% |
Drawdowns
ESML vs. CWS - Drawdown Comparison
The maximum ESML drawdown since its inception was -41.97%, which is greater than CWS's maximum drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for ESML and CWS. For additional features, visit the drawdowns tool.
Volatility
ESML vs. CWS - Volatility Comparison
iShares ESG Aware MSCI USA Small-Cap ETF (ESML) has a higher volatility of 5.14% compared to AdvisorShares Focused Equity ETF (CWS) at 3.75%. This indicates that ESML's price experiences larger fluctuations and is considered to be riskier than CWS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.