EUFN vs. EIRL
Compare and contrast key facts about iShares MSCI Europe Financials ETF (EUFN) and iShares MSCI Ireland ETF (EIRL).
EUFN and EIRL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUFN is a passively managed fund by iShares that tracks the performance of the MSCI Europe Financials Index. It was launched on Jan 20, 2010. EIRL is a passively managed fund by iShares that tracks the performance of the MSCI Ireland Investable Market 25/50 Index. It was launched on May 5, 2010. Both EUFN and EIRL 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: EUFN or EIRL.
Key characteristics
| EUFN | EIRL | |
|---|---|---|
| YTD Return | 19.60% | 4.54% |
| 1Y Return | 35.32% | 16.29% |
| 3Y Return (Ann) | 10.04% | 4.02% |
| 5Y Return (Ann) | 9.46% | 8.90% |
| 10Y Return (Ann) | 4.87% | 8.07% |
| Sharpe Ratio | 2.48 | 1.14 |
| Sortino Ratio | 3.22 | 1.70 |
| Omega Ratio | 1.41 | 1.21 |
| Calmar Ratio | 4.51 | 1.64 |
| Martin Ratio | 14.94 | 5.67 |
| Ulcer Index | 2.47% | 3.35% |
| Daily Std Dev | 14.89% | 16.49% |
| Max Drawdown | -53.25% | -46.48% |
| Current Drawdown | -3.04% | -10.25% |
Correlation
The correlation between EUFN and EIRL is 0.69, 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.
Performance
EUFN vs. EIRL - Performance Comparison
In the year-to-date period, EUFN achieves a 19.60% return, which is significantly higher than EIRL's 4.54% return. Over the past 10 years, EUFN has underperformed EIRL with an annualized return of 4.87%, while EIRL has yielded a comparatively higher 8.07% annualized 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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EUFN vs. EIRL - Expense Ratio Comparison
EUFN has a 0.48% expense ratio, which is lower than EIRL's 0.49% expense ratio.
Risk-Adjusted Performance
EUFN vs. EIRL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials ETF (EUFN) and iShares MSCI Ireland ETF (EIRL). 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
EUFN vs. EIRL - Dividend Comparison
EUFN's dividend yield for the trailing twelve months is around 4.51%, more than EIRL's 1.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUFN iShares MSCI Europe Financials ETF | 4.51% | 5.00% | 4.24% | 4.15% | 1.38% | 4.55% | 6.48% | 3.04% | 4.03% | 3.65% | 3.35% | 1.59% |
EIRL iShares MSCI Ireland ETF | 1.55% | 1.00% | 1.13% | 0.82% | 0.50% | 2.11% | 1.52% | 1.44% | 1.34% | 1.70% | 2.26% | 1.65% |
Drawdowns
EUFN vs. EIRL - Drawdown Comparison
The maximum EUFN drawdown since its inception was -53.25%, which is greater than EIRL's maximum drawdown of -46.48%. Use the drawdown chart below to compare losses from any high point for EUFN and EIRL. For additional features, visit the drawdowns tool.
Volatility
EUFN vs. EIRL - Volatility Comparison
The current volatility for iShares MSCI Europe Financials ETF (EUFN) is 3.08%, while iShares MSCI Ireland ETF (EIRL) has a volatility of 4.91%. This indicates that EUFN experiences smaller price fluctuations and is considered to be less risky than EIRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.