EVLU vs. QAT
EVLU (iShares MSCI Emerging Markets Value Factor ETF) and QAT (iShares MSCI Qatar ETF) are both Emerging Markets Equities funds from iShares - EVLU tracks the MSCI Emerging Markets Value Factor Select Index (Net) while QAT tracks the MSCI All Qatar Capped Index. Both are passively managed. Over the past year, EVLU returned 59.59% vs 7.11% for QAT. At a 0.33 correlation, their price movements are largely independent. EVLU charges 0.35%/yr vs 0.59%/yr for QAT.
Performance
EVLU vs. QAT - Performance Comparison
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Returns By Period
In the year-to-date period, EVLU achieves a 28.98% return, which is significantly higher than QAT's 1.01% return.
EVLU
- 1D
- -3.07%
- 1M
- 3.10%
- YTD
- 28.98%
- 6M
- 30.29%
- 1Y
- 59.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QAT
- 1D
- -0.39%
- 1M
- 2.08%
- YTD
- 1.01%
- 6M
- 0.41%
- 1Y
- 7.11%
- 3Y*
- 5.84%
- 5Y*
- 3.56%
- 10Y*
- 4.43%
EVLU vs. QAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EVLU iShares MSCI Emerging Markets Value Factor ETF | 28.98% | 38.54% | 1.21% |
QAT iShares MSCI Qatar ETF | 1.01% | 8.81% | 2.63% |
Correlation
The correlation between EVLU and QAT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2024 | 0.33 |
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Return for Risk
EVLU vs. QAT — Risk / Return Rank
EVLU
QAT
EVLU vs. QAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Value Factor ETF (EVLU) and iShares MSCI Qatar ETF (QAT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EVLU | QAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.43 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.11 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 4.64 | 0.67 | +3.97 |
| Martin ratioReturn relative to average drawdown | 16.27 | 1.24 | +15.03 |
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Drawdowns
EVLU vs. QAT - Drawdown Comparison
The maximum EVLU drawdown since its inception was -17.17%, smaller than the maximum QAT drawdown of -45.21%. Use the drawdown chart below to compare losses from any high point for EVLU and QAT.
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Drawdown Indicators
| EVLU | QAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.17% | -45.21% | +28.04% |
Max Drawdown (1Y)Largest decline over 1 year | -12.90% | -10.60% | -2.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.41% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.17% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.04% | — |
Current DrawdownCurrent decline from peak | -5.94% | -11.55% | +5.61% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -19.14% | +15.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.67% | 5.75% | -2.08% |
Volatility
EVLU vs. QAT - Volatility Comparison
iShares MSCI Emerging Markets Value Factor ETF (EVLU) has a higher volatility of 9.29% compared to iShares MSCI Qatar ETF (QAT) at 5.72%. This indicates that EVLU's price experiences larger fluctuations and is considered to be riskier than QAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVLU | QAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.29% | 5.72% | +3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 17.64% | 11.06% | +6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 13.25% | +6.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.36% | 15.06% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.36% | 17.54% | +2.82% |
EVLU vs. QAT - Expense Ratio Comparison
EVLU has a 0.35% expense ratio, which is lower than QAT's 0.59% expense ratio.
Dividends
EVLU vs. QAT - Dividend Comparison
EVLU's dividend yield for the trailing twelve months is around 3.77%, less than QAT's 4.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVLU iShares MSCI Emerging Markets Value Factor ETF | 3.77% | 5.20% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QAT iShares MSCI Qatar ETF | 4.63% | 3.51% | 5.90% | 3.92% | 4.78% | 2.33% | 2.63% | 3.57% | 4.63% | 4.10% | 3.51% | 4.49% |
Frequently Asked Questions
EVLU and QAT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVLU has higher volatility (9.29%) compared to QAT (5.72%). In terms of maximum drawdown, EVLU dropped -17.17% vs QAT's -45.21%.
On 1-year performance, EVLU leads with 59.59% vs 7.11% for QAT. On fees, EVLU is cheaper at 0.35% per year. On volatility, QAT has been the lower-risk option at 5.72%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EVLU has performed better with a 59.59% return vs 7.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EVLU is cheaper with a 0.35% expense ratio, compared with 0.59% for QAT.
QAT has the higher dividend yield at 4.63%, compared with 3.77% for EVLU.
EVLU tracks MSCI Emerging Markets Value Factor Select Index (Net), while QAT tracks MSCI All Qatar Capped Index. Their fees differ too: 0.35% for EVLU and 0.59% for QAT.
EVLU currently has the higher Sharpe Ratio (2.97 vs 0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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