EWH vs. 2343.HK
Compare and contrast key facts about iShares MSCI Hong Kong ETF (EWH) and Pacific Basin Shipping Ltd (2343.HK).
EWH is a passively managed fund by iShares that tracks the performance of the MSCI Hong Kong Index. It was launched on Mar 12, 1996.
Performance
EWH vs. 2343.HK - Performance Comparison
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EWH vs. 2343.HK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EWH iShares MSCI Hong Kong ETF | 8.99% | 34.50% | 0.00% | -13.87% | -6.81% | -3.49% | 4.17% | 10.74% | -8.76% | 36.46% |
2343.HK Pacific Basin Shipping Ltd | 27.42% | 45.38% | -32.42% | 9.19% | 23.97% | 101.12% | -8.07% | 13.17% | -10.97% | 34.20% |
Different Trading Currencies
EWH is traded in USD, while 2343.HK is traded in HKD. To make them comparable, the 2343.HK values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EWH achieves a 8.99% return, which is significantly lower than 2343.HK's 27.47% return. Over the past 10 years, EWH has underperformed 2343.HK with an annualized return of 5.34%, while 2343.HK has yielded a comparatively higher 20.48% annualized return.
EWH
- 1D
- -0.39%
- 1M
- -1.49%
- YTD
- 8.99%
- 6M
- 10.67%
- 1Y
- 37.28%
- 3Y*
- 8.36%
- 5Y*
- 0.89%
- 10Y*
- 5.34%
2343.HK
- 1D
- 4.60%
- 1M
- -15.44%
- YTD
- 27.47%
- 6M
- 18.34%
- 1Y
- 75.06%
- 3Y*
- 6.20%
- 5Y*
- 18.40%
- 10Y*
- 20.48%
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Return for Risk
EWH vs. 2343.HK — Risk / Return Rank
EWH
2343.HK
EWH vs. 2343.HK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Hong Kong ETF (EWH) and Pacific Basin Shipping Ltd (2343.HK). 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.
| EWH | 2343.HK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.00 | 1.70 | +0.30 |
Sortino ratioReturn per unit of downside risk | 2.56 | 2.29 | +0.27 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.35 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.59 | 3.79 | -1.20 |
Martin ratioReturn relative to average drawdown | 10.72 | 9.24 | +1.48 |
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
| EWH | 2343.HK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 1.70 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.40 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.44 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | -0.00 | +0.18 |
Correlation
The correlation between EWH and 2343.HK is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
EWH vs. 2343.HK - Dividend Comparison
EWH's dividend yield for the trailing twelve months is around 4.77%, more than 2343.HK's 2.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWH iShares MSCI Hong Kong ETF | 4.77% | 5.20% | 4.17% | 4.28% | 2.91% | 2.78% | 2.56% | 2.71% | 2.93% | 4.35% | 3.08% | 2.63% |
2343.HK Pacific Basin Shipping Ltd | 2.24% | 2.88% | 5.90% | 12.65% | 42.42% | 4.90% | 1.43% | 2.26% | 1.68% | 0.00% | 0.00% | 1.13% |
Drawdowns
EWH vs. 2343.HK - Drawdown Comparison
The maximum EWH drawdown since its inception was -66.44%, smaller than the maximum 2343.HK drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for EWH and 2343.HK.
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Drawdown Indicators
| EWH | 2343.HK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.44% | -99.99% | +33.55% |
Max Drawdown (1Y)Largest decline over 1 year | -13.04% | -19.83% | +6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -42.71% | -52.32% | +9.61% |
Max Drawdown (10Y)Largest decline over 10 years | -42.71% | -61.45% | +18.74% |
Current DrawdownCurrent decline from peak | -4.34% | -99.94% | +95.60% |
Average DrawdownAverage peak-to-trough decline | -19.57% | -79.00% | +59.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 8.20% | -4.69% |
Volatility
EWH vs. 2343.HK - Volatility Comparison
The current volatility for iShares MSCI Hong Kong ETF (EWH) is 6.06%, while Pacific Basin Shipping Ltd (2343.HK) has a volatility of 14.98%. This indicates that EWH experiences smaller price fluctuations and is considered to be less risky than 2343.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EWH | 2343.HK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.06% | 14.98% | -8.92% |
Volatility (6M)Calculated over the trailing 6-month period | 12.54% | 27.86% | -15.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.74% | 45.64% | -26.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 47.75% | -27.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.55% | 47.55% | -28.00% |