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EWG vs. EWD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWG and EWD is 0.61, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

EWG vs. EWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Germany ETF (EWG) and iShares MSCI Sweden ETF (EWD). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%900.00%NovemberDecember2025FebruaryMarchApril
477.73%
860.60%
EWG
EWD

Key characteristics

Sharpe Ratio

EWG:

1.49

EWD:

0.54

Sortino Ratio

EWG:

2.19

EWD:

0.90

Omega Ratio

EWG:

1.29

EWD:

1.11

Calmar Ratio

EWG:

1.96

EWD:

0.69

Martin Ratio

EWG:

7.77

EWD:

1.73

Ulcer Index

EWG:

3.91%

EWD:

7.05%

Daily Std Dev

EWG:

20.43%

EWD:

22.78%

Max Drawdown

EWG:

-67.57%

EWD:

-74.27%

Current Drawdown

EWG:

0.00%

EWD:

-3.32%

Returns By Period

In the year-to-date period, EWG achieves a 23.70% return, which is significantly higher than EWD's 16.85% return. Over the past 10 years, EWG has underperformed EWD with an annualized return of 5.26%, while EWD has yielded a comparatively higher 5.87% annualized return.


EWG

YTD

23.70%

1M

4.79%

6M

20.29%

1Y

31.38%

5Y*

14.80%

10Y*

5.26%

EWD

YTD

16.85%

1M

0.09%

6M

7.28%

1Y

14.36%

5Y*

13.77%

10Y*

5.87%

*Annualized

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EWG vs. EWD - Expense Ratio Comparison

EWG has a 0.49% expense ratio, which is lower than EWD's 0.55% expense ratio.


Expense ratio chart for EWD: current value is 0.55%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EWD: 0.55%
Expense ratio chart for EWG: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EWG: 0.49%

Risk-Adjusted Performance

EWG vs. EWD — Risk-Adjusted Performance Rank

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

EWG
The Risk-Adjusted Performance Rank of EWG is 9090
Overall Rank
The Sharpe Ratio Rank of EWG is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of EWG is 9090
Sortino Ratio Rank
The Omega Ratio Rank of EWG is 8989
Omega Ratio Rank
The Calmar Ratio Rank of EWG is 9393
Calmar Ratio Rank
The Martin Ratio Rank of EWG is 9090
Martin Ratio Rank

EWD
The Risk-Adjusted Performance Rank of EWD is 6161
Overall Rank
The Sharpe Ratio Rank of EWD is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of EWD is 6060
Sortino Ratio Rank
The Omega Ratio Rank of EWD is 5757
Omega Ratio Rank
The Calmar Ratio Rank of EWD is 7373
Calmar Ratio Rank
The Martin Ratio Rank of EWD is 5555
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.

EWG vs. EWD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Germany ETF (EWG) and iShares MSCI Sweden ETF (EWD). 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 EWG, currently valued at 1.49, compared to the broader market-1.000.001.002.003.004.00
EWG: 1.49
EWD: 0.54
The chart of Sortino ratio for EWG, currently valued at 2.19, compared to the broader market-2.000.002.004.006.008.00
EWG: 2.19
EWD: 0.90
The chart of Omega ratio for EWG, currently valued at 1.29, compared to the broader market0.501.001.502.002.50
EWG: 1.29
EWD: 1.11
The chart of Calmar ratio for EWG, currently valued at 1.96, compared to the broader market0.002.004.006.008.0010.0012.00
EWG: 1.96
EWD: 0.69
The chart of Martin ratio for EWG, currently valued at 7.77, compared to the broader market0.0020.0040.0060.00
EWG: 7.77
EWD: 1.73

The current EWG Sharpe Ratio is 1.49, which is higher than the EWD Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of EWG and EWD, 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 Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.49
0.54
EWG
EWD

Dividends

EWG vs. EWD - Dividend Comparison

EWG's dividend yield for the trailing twelve months is around 1.93%, more than EWD's 1.51% yield.


TTM20242023202220212020201920182017201620152014
EWG
iShares MSCI Germany ETF
1.93%2.38%2.56%3.24%2.70%2.10%2.51%2.93%2.06%2.35%1.93%2.30%
EWD
iShares MSCI Sweden ETF
1.51%1.77%2.41%3.68%5.46%0.98%4.15%5.17%3.23%3.91%4.08%3.92%

Drawdowns

EWG vs. EWD - Drawdown Comparison

The maximum EWG drawdown since its inception was -67.57%, smaller than the maximum EWD drawdown of -74.27%. Use the drawdown chart below to compare losses from any high point for EWG and EWD. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril0
-3.32%
EWG
EWD

Volatility

EWG vs. EWD - Volatility Comparison

iShares MSCI Germany ETF (EWG) and iShares MSCI Sweden ETF (EWD) have volatilities of 12.52% and 13.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
12.52%
13.14%
EWG
EWD