ETFRX vs. EWW
Compare and contrast key facts about North Square Tactical Defensive Fund (ETFRX) and iShares MSCI Mexico ETF (EWW).
ETFRX is managed by Stadion Funds. It was launched on Sep 14, 2006. EWW is a passively managed fund by iShares that tracks the performance of the MSCI Mexico IMI 25/50 Index. It was launched on Mar 12, 1996.
Performance
ETFRX vs. EWW - Performance Comparison
Loading graphics...
ETFRX vs. EWW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETFRX North Square Tactical Defensive Fund | -1.57% | 8.44% | 7.31% | 5.65% | -8.28% | 13.49% | 3.99% | 12.46% | -2.99% | 15.26% |
EWW iShares MSCI Mexico ETF | 10.15% | 53.65% | -28.22% | 40.32% | 1.24% | 20.27% | -3.06% | 12.64% | -14.58% | 14.47% |
Returns By Period
In the year-to-date period, ETFRX achieves a -1.57% return, which is significantly lower than EWW's 10.15% return. Over the past 10 years, ETFRX has underperformed EWW with an annualized return of 5.84%, while EWW has yielded a comparatively higher 6.32% annualized return.
ETFRX
- 1D
- 1.57%
- 1M
- -3.44%
- YTD
- -1.57%
- 6M
- -1.56%
- 1Y
- 8.21%
- 3Y*
- 7.20%
- 5Y*
- 4.01%
- 10Y*
- 5.84%
EWW
- 1D
- 1.52%
- 1M
- -3.89%
- YTD
- 10.15%
- 6M
- 16.56%
- 1Y
- 52.24%
- 3Y*
- 12.30%
- 5Y*
- 14.90%
- 10Y*
- 6.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETFRX vs. EWW - Expense Ratio Comparison
ETFRX has a 1.86% expense ratio, which is higher than EWW's 0.49% expense ratio.
Return for Risk
ETFRX vs. EWW — Risk / Return Rank
ETFRX
EWW
ETFRX vs. EWW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for North Square Tactical Defensive Fund (ETFRX) and iShares MSCI Mexico ETF (EWW). 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.
| ETFRX | EWW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 2.13 | -1.33 |
Sortino ratioReturn per unit of downside risk | 1.12 | 2.76 | -1.65 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.39 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 3.97 | -2.60 |
Martin ratioReturn relative to average drawdown | 3.18 | 15.08 | -11.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ETFRX | EWW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 2.13 | -1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.67 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.25 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.30 | +0.06 |
Correlation
The correlation between ETFRX and EWW is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ETFRX vs. EWW - Dividend Comparison
ETFRX's dividend yield for the trailing twelve months is around 0.49%, less than EWW's 3.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETFRX North Square Tactical Defensive Fund | 0.49% | 0.48% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.38% | 0.00% | 2.25% | 0.00% | 3.02% |
EWW iShares MSCI Mexico ETF | 3.16% | 3.48% | 4.39% | 2.19% | 3.64% | 2.06% | 1.43% | 2.92% | 2.30% | 2.22% | 1.77% | 2.34% |
Drawdowns
ETFRX vs. EWW - Drawdown Comparison
The maximum ETFRX drawdown since its inception was -37.11%, smaller than the maximum EWW drawdown of -64.94%. Use the drawdown chart below to compare losses from any high point for ETFRX and EWW.
Loading graphics...
Drawdown Indicators
| ETFRX | EWW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.11% | -64.94% | +27.83% |
Max Drawdown (1Y)Largest decline over 1 year | -6.12% | -13.98% | +7.86% |
Max Drawdown (5Y)Largest decline over 5 years | -12.17% | -31.17% | +19.00% |
Max Drawdown (10Y)Largest decline over 10 years | -21.30% | -53.62% | +32.32% |
Current DrawdownCurrent decline from peak | -4.54% | -5.98% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -6.72% | -18.60% | +11.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 3.68% | -1.04% |
Volatility
ETFRX vs. EWW - Volatility Comparison
The current volatility for North Square Tactical Defensive Fund (ETFRX) is 3.60%, while iShares MSCI Mexico ETF (EWW) has a volatility of 10.35%. This indicates that ETFRX experiences smaller price fluctuations and is considered to be less risky than EWW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ETFRX | EWW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 10.35% | -6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 8.03% | 17.54% | -9.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.52% | 24.75% | -14.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.39% | 22.43% | -13.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.41% | 25.39% | -14.98% |