EWGS vs. ENZL
Compare and contrast key facts about iShares MSCI Germany Small-Cap ETF (EWGS) and iShares MSCI New Zealand ETF (ENZL).
EWGS and ENZL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWGS is a passively managed fund by iShares that tracks the performance of the MSCI Germany Small Cap Index. It was launched on Jan 25, 2012. ENZL is a passively managed fund by iShares that tracks the performance of the MSCI New Zealand Investable Market Index. It was launched on Sep 1, 2010. Both EWGS and ENZL 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: EWGS or ENZL.
Key characteristics
| EWGS | ENZL |
|---|
Correlation
The correlation between EWGS and ENZL is 0.46, 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.
Performance
EWGS vs. ENZL - Performance Comparison
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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EWGS vs. ENZL - Expense Ratio Comparison
EWGS has a 0.59% expense ratio, which is higher than ENZL's 0.50% expense ratio.
Risk-Adjusted Performance
EWGS vs. ENZL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Germany Small-Cap ETF (EWGS) and iShares MSCI New Zealand ETF (ENZL). 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
EWGS vs. ENZL - Dividend Comparison
EWGS has not paid dividends to shareholders, while ENZL's dividend yield for the trailing twelve months is around 3.21%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWGS iShares MSCI Germany Small-Cap ETF | 2.74% | 2.74% | 2.30% | 1.12% | 1.11% | 1.75% | 2.63% | 0.04% | 0.07% | 1.20% | 0.60% | 0.09% |
ENZL iShares MSCI New Zealand ETF | 3.21% | 3.00% | 1.62% | 2.46% | 1.66% | 3.35% | 3.60% | 3.69% | 4.76% | 4.29% | 5.15% | 3.95% |
Drawdowns
EWGS vs. ENZL - Drawdown Comparison
Volatility
EWGS vs. ENZL - Volatility Comparison
The current volatility for iShares MSCI Germany Small-Cap ETF (EWGS) is 0.00%, while iShares MSCI New Zealand ETF (ENZL) has a volatility of 5.83%. This indicates that EWGS experiences smaller price fluctuations and is considered to be less risky than ENZL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.