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EWA vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWA and VOO is 0.72, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

EWA vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI-Australia ETF (EWA) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%600.00%NovemberDecember2025FebruaryMarchApril
107.96%
552.28%
EWA
VOO

Key characteristics

Sharpe Ratio

EWA:

0.34

VOO:

0.57

Sortino Ratio

EWA:

0.63

VOO:

0.92

Omega Ratio

EWA:

1.09

VOO:

1.13

Calmar Ratio

EWA:

0.34

VOO:

0.58

Martin Ratio

EWA:

1.11

VOO:

2.42

Ulcer Index

EWA:

6.66%

VOO:

4.51%

Daily Std Dev

EWA:

21.77%

VOO:

19.17%

Max Drawdown

EWA:

-66.98%

VOO:

-33.99%

Current Drawdown

EWA:

-8.07%

VOO:

-10.56%

Returns By Period

In the year-to-date period, EWA achieves a 2.72% return, which is significantly higher than VOO's -6.43% return. Over the past 10 years, EWA has underperformed VOO with an annualized return of 4.62%, while VOO has yielded a comparatively higher 12.02% annualized return.


EWA

YTD

2.72%

1M

2.94%

6M

-4.10%

1Y

7.10%

5Y*

12.75%

10Y*

4.62%

VOO

YTD

-6.43%

1M

-4.99%

6M

-5.02%

1Y

9.61%

5Y*

15.88%

10Y*

12.02%

*Annualized

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EWA vs. VOO - Expense Ratio Comparison

EWA has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.


Expense ratio chart for EWA: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EWA: 0.50%
Expense ratio chart for VOO: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOO: 0.03%

Risk-Adjusted Performance

EWA vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EWA
The Risk-Adjusted Performance Rank of EWA is 4949
Overall Rank
The Sharpe Ratio Rank of EWA is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of EWA is 5050
Sortino Ratio Rank
The Omega Ratio Rank of EWA is 4848
Omega Ratio Rank
The Calmar Ratio Rank of EWA is 5151
Calmar Ratio Rank
The Martin Ratio Rank of EWA is 4646
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6666
Overall Rank
The Sharpe Ratio Rank of VOO is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6464
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6666
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7070
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EWA vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI-Australia ETF (EWA) and Vanguard S&P 500 ETF (VOO). 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.


The chart of Sharpe ratio for EWA, currently valued at 0.34, compared to the broader market-1.000.001.002.003.004.00
EWA: 0.34
VOO: 0.57
The chart of Sortino ratio for EWA, currently valued at 0.63, compared to the broader market-2.000.002.004.006.008.00
EWA: 0.63
VOO: 0.92
The chart of Omega ratio for EWA, currently valued at 1.09, compared to the broader market0.501.001.502.002.50
EWA: 1.09
VOO: 1.13
The chart of Calmar ratio for EWA, currently valued at 0.34, compared to the broader market0.002.004.006.008.0010.0012.00
EWA: 0.34
VOO: 0.58
The chart of Martin ratio for EWA, currently valued at 1.11, compared to the broader market0.0020.0040.0060.00
EWA: 1.11
VOO: 2.42

The current EWA Sharpe Ratio is 0.34, which is lower than the VOO Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of EWA and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.34
0.57
EWA
VOO

Dividends

EWA vs. VOO - Dividend Comparison

EWA's dividend yield for the trailing twelve months is around 3.61%, more than VOO's 1.39% yield.


TTM20242023202220212020201920182017201620152014
EWA
iShares MSCI-Australia ETF
3.61%3.71%3.72%5.28%5.08%2.02%3.97%6.11%4.44%4.03%5.48%4.92%
VOO
Vanguard S&P 500 ETF
1.39%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

EWA vs. VOO - Drawdown Comparison

The maximum EWA drawdown since its inception was -66.98%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for EWA and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-8.07%
-10.56%
EWA
VOO

Volatility

EWA vs. VOO - Volatility Comparison

iShares MSCI-Australia ETF (EWA) has a higher volatility of 14.77% compared to Vanguard S&P 500 ETF (VOO) at 13.97%. This indicates that EWA's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
14.77%
13.97%
EWA
VOO