EWH vs. EWS
Compare and contrast key facts about iShares MSCI Hong Kong ETF (EWH) and iShares MSCI Singapore ETF (EWS).
EWH and EWS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. EWS is a passively managed fund by iShares that tracks the performance of the MSCI Singapore Index. It was launched on Mar 12, 1996. Both EWH and EWS 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: EWH or EWS.
Key characteristics
| EWH | EWS | |
|---|---|---|
| YTD Return | 5.98% | 16.38% |
| 1Y Return | 7.62% | 22.62% |
| 3Y Return (Ann) | -6.44% | 0.86% |
| 5Y Return (Ann) | -3.14% | 1.54% |
| 10Y Return (Ann) | 1.41% | 2.01% |
| Sharpe Ratio | 0.52 | 1.88 |
| Sortino Ratio | 0.89 | 2.62 |
| Omega Ratio | 1.11 | 1.34 |
| Calmar Ratio | 0.29 | 1.34 |
| Martin Ratio | 1.38 | 10.25 |
| Ulcer Index | 8.95% | 2.67% |
| Daily Std Dev | 23.56% | 14.52% |
| Max Drawdown | -66.43% | -75.20% |
| Current Drawdown | -28.01% | -4.73% |
Correlation
The correlation between EWH and EWS 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.
Performance
EWH vs. EWS - Performance Comparison
In the year-to-date period, EWH achieves a 5.98% return, which is significantly lower than EWS's 16.38% return. Over the past 10 years, EWH has underperformed EWS with an annualized return of 1.41%, while EWS has yielded a comparatively higher 2.01% 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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EWH vs. EWS - Expense Ratio Comparison
EWH has a 0.49% expense ratio, which is lower than EWS's 0.50% expense ratio.
Risk-Adjusted Performance
EWH vs. EWS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Hong Kong ETF (EWH) and iShares MSCI Singapore ETF (EWS). 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
EWH vs. EWS - Dividend Comparison
EWH's dividend yield for the trailing twelve months is around 4.33%, more than EWS's 4.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWH iShares MSCI Hong Kong ETF | 4.33% | 4.28% | 2.91% | 2.78% | 2.56% | 2.71% | 2.93% | 4.35% | 3.08% | 2.63% | 3.52% | 2.96% |
EWS iShares MSCI Singapore ETF | 4.14% | 6.50% | 2.56% | 6.00% | 2.68% | 4.70% | 4.21% | 3.46% | 3.96% | 4.20% | 3.35% | 3.77% |
Drawdowns
EWH vs. EWS - Drawdown Comparison
The maximum EWH drawdown since its inception was -66.43%, smaller than the maximum EWS drawdown of -75.20%. Use the drawdown chart below to compare losses from any high point for EWH and EWS. For additional features, visit the drawdowns tool.
Volatility
EWH vs. EWS - Volatility Comparison
iShares MSCI Hong Kong ETF (EWH) has a higher volatility of 10.66% compared to iShares MSCI Singapore ETF (EWS) at 2.60%. This indicates that EWH's price experiences larger fluctuations and is considered to be riskier than EWS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.