EWD vs. EWN
Compare and contrast key facts about iShares MSCI Sweden ETF (EWD) and iShares MSCI Netherlands ETF (EWN).
EWD and EWN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWD is a passively managed fund by iShares that tracks the performance of the MSCI Sweden Index. It was launched on Mar 12, 1996. EWN is a passively managed fund by iShares that tracks the performance of the MSCI Netherlands Investable Market Index. It was launched on Mar 12, 1996. Both EWD and EWN 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: EWD or EWN.
Key characteristics
| EWD | EWN | |
|---|---|---|
| YTD Return | 2.69% | 4.09% |
| 1Y Return | 26.59% | 18.36% |
| 3Y Return (Ann) | -3.26% | -3.01% |
| 5Y Return (Ann) | 7.57% | 8.60% |
| 10Y Return (Ann) | 5.46% | 8.69% |
| Sharpe Ratio | 1.44 | 0.97 |
| Sortino Ratio | 2.01 | 1.42 |
| Omega Ratio | 1.25 | 1.18 |
| Calmar Ratio | 0.95 | 0.78 |
| Martin Ratio | 6.13 | 4.02 |
| Ulcer Index | 4.42% | 4.62% |
| Daily Std Dev | 18.76% | 19.08% |
| Max Drawdown | -74.27% | -65.22% |
| Current Drawdown | -9.60% | -12.74% |
Correlation
The correlation between EWD and EWN is 0.71, 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
EWD vs. EWN - Performance Comparison
In the year-to-date period, EWD achieves a 2.69% return, which is significantly lower than EWN's 4.09% return. Over the past 10 years, EWD has underperformed EWN with an annualized return of 5.46%, while EWN has yielded a comparatively higher 8.69% 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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EWD vs. EWN - Expense Ratio Comparison
EWD has a 0.55% expense ratio, which is higher than EWN's 0.50% expense ratio.
Risk-Adjusted Performance
EWD vs. EWN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Sweden ETF (EWD) and iShares MSCI Netherlands ETF (EWN). 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
EWD vs. EWN - Dividend Comparison
EWD's dividend yield for the trailing twelve months is around 4.04%, more than EWN's 1.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWD iShares MSCI Sweden ETF | 4.04% | 2.41% | 3.68% | 5.46% | 0.98% | 4.15% | 5.17% | 3.23% | 3.91% | 4.08% | 3.92% | 3.47% |
EWN iShares MSCI Netherlands ETF | 1.97% | 1.79% | 1.98% | 1.02% | 0.78% | 2.58% | 2.40% | 1.68% | 2.71% | 1.92% | 2.30% | 1.50% |
Drawdowns
EWD vs. EWN - Drawdown Comparison
The maximum EWD drawdown since its inception was -74.27%, which is greater than EWN's maximum drawdown of -65.22%. Use the drawdown chart below to compare losses from any high point for EWD and EWN. For additional features, visit the drawdowns tool.
Volatility
EWD vs. EWN - Volatility Comparison
The current volatility for iShares MSCI Sweden ETF (EWD) is 5.86%, while iShares MSCI Netherlands ETF (EWN) has a volatility of 6.63%. This indicates that EWD experiences smaller price fluctuations and is considered to be less risky than EWN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.