EWD vs. FZROX
Compare and contrast key facts about iShares MSCI Sweden ETF (EWD) and Fidelity ZERO Total Market Index Fund (FZROX).
EWD is a passively managed fund by iShares that tracks the performance of the MSCI Sweden Index. It was launched on Mar 12, 1996. FZROX is managed by Fidelity.
Performance
EWD vs. FZROX - Performance Comparison
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EWD vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EWD iShares MSCI Sweden ETF | -1.04% | 36.55% | -3.90% | 25.07% | -27.84% | 22.84% | 22.27% | 21.74% | -7.78% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, EWD achieves a -1.04% return, which is significantly higher than FZROX's -6.77% return.
EWD
- 1D
- 3.59%
- 1M
- -10.96%
- YTD
- -1.04%
- 6M
- 4.50%
- 1Y
- 19.88%
- 3Y*
- 13.89%
- 5Y*
- 4.83%
- 10Y*
- 8.72%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
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EWD vs. FZROX - Expense Ratio Comparison
EWD has a 0.55% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
EWD vs. FZROX — Risk / Return Rank
EWD
FZROX
EWD vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Sweden ETF (EWD) and Fidelity ZERO Total Market Index Fund (FZROX). 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.
| EWD | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 0.84 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.39 | 1.30 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.05 | +0.16 |
Martin ratioReturn relative to average drawdown | 4.64 | 5.11 | -0.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EWD | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 0.84 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.60 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.61 | -0.34 |
Correlation
The correlation between EWD and FZROX is 0.70, 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.
Dividends
EWD vs. FZROX - Dividend Comparison
EWD's dividend yield for the trailing twelve months is around 3.31%, more than FZROX's 1.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWD iShares MSCI Sweden ETF | 3.31% | 3.27% | 1.77% | 2.41% | 3.68% | 5.46% | 0.98% | 4.15% | 5.17% | 3.23% | 3.91% | 4.08% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EWD vs. FZROX - Drawdown Comparison
The maximum EWD drawdown since its inception was -75.40%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for EWD and FZROX.
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Drawdown Indicators
| EWD | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.40% | -34.96% | -40.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.49% | -12.44% | -2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -42.33% | -25.12% | -17.21% |
Max Drawdown (10Y)Largest decline over 10 years | -42.33% | — | — |
Current DrawdownCurrent decline from peak | -10.96% | -8.89% | -2.07% |
Average DrawdownAverage peak-to-trough decline | -19.30% | -5.61% | -13.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.77% | 2.56% | +1.21% |
Volatility
EWD vs. FZROX - Volatility Comparison
iShares MSCI Sweden ETF (EWD) has a higher volatility of 8.86% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that EWD's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EWD | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.86% | 4.41% | +4.45% |
Volatility (6M)Calculated over the trailing 6-month period | 13.68% | 9.34% | +4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.43% | 18.49% | +2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.80% | 17.40% | +6.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.37% | 20.25% | +3.12% |