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EWH vs. EWY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

EWH vs. EWY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Hong Kong ETF (EWH) and iShares MSCI South Korea ETF (EWY). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
3.00%
-9.50%
EWH
EWY

Returns By Period

In the year-to-date period, EWH achieves a 1.40% return, which is significantly higher than EWY's -11.48% return. Over the past 10 years, EWH has underperformed EWY with an annualized return of 0.74%, while EWY has yielded a comparatively higher 2.02% annualized return.


EWH

YTD

1.40%

1M

-4.22%

6M

2.64%

1Y

1.97%

5Y (annualized)

-3.17%

10Y (annualized)

0.74%

EWY

YTD

-11.48%

1M

-4.71%

6M

-9.19%

1Y

-5.38%

5Y (annualized)

1.43%

10Y (annualized)

2.02%

Key characteristics


EWHEWY
Sharpe Ratio0.09-0.24
Sortino Ratio0.30-0.18
Omega Ratio1.040.98
Calmar Ratio0.05-0.14
Martin Ratio0.24-0.76
Ulcer Index9.31%7.05%
Daily Std Dev23.56%22.48%
Max Drawdown-66.43%-74.14%
Current Drawdown-31.13%-36.06%

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EWH vs. EWY - Expense Ratio Comparison

EWH has a 0.49% expense ratio, which is lower than EWY's 0.59% expense ratio.


EWY
iShares MSCI South Korea ETF
Expense ratio chart for EWY: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for EWH: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Correlation

-0.50.00.51.00.6

The correlation between EWH and EWY is 0.62, 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.

Risk-Adjusted Performance

EWH vs. EWY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Hong Kong ETF (EWH) and iShares MSCI South Korea ETF (EWY). 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.


Sharpe ratio
The chart of Sharpe ratio for EWH, currently valued at 0.09, compared to the broader market0.002.004.000.09-0.24
The chart of Sortino ratio for EWH, currently valued at 0.30, compared to the broader market-2.000.002.004.006.008.0010.000.30-0.18
The chart of Omega ratio for EWH, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.040.98
The chart of Calmar ratio for EWH, currently valued at 0.05, compared to the broader market0.005.0010.0015.000.05-0.14
The chart of Martin ratio for EWH, currently valued at 0.24, compared to the broader market0.0020.0040.0060.0080.00100.000.24-0.76
EWH
EWY

The current EWH Sharpe Ratio is 0.09, which is higher than the EWY Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of EWH and EWY, 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 Ratio-1.00-0.500.000.501.00JuneJulyAugustSeptemberOctoberNovember
0.09
-0.24
EWH
EWY

Dividends

EWH vs. EWY - Dividend Comparison

EWH's dividend yield for the trailing twelve months is around 4.53%, more than EWY's 2.85% yield.


TTM20232022202120202019201820172016201520142013
EWH
iShares MSCI Hong Kong ETF
4.53%4.28%2.91%2.78%2.56%2.70%2.94%4.35%3.07%2.62%3.52%2.96%
EWY
iShares MSCI South Korea ETF
2.85%2.52%1.23%2.16%0.73%2.10%1.34%2.90%1.21%2.42%1.20%1.39%

Drawdowns

EWH vs. EWY - Drawdown Comparison

The maximum EWH drawdown since its inception was -66.43%, smaller than the maximum EWY drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for EWH and EWY. For additional features, visit the drawdowns tool.


-40.00%-35.00%-30.00%-25.00%-20.00%JuneJulyAugustSeptemberOctoberNovember
-31.13%
-36.06%
EWH
EWY

Volatility

EWH vs. EWY - Volatility Comparison

The current volatility for iShares MSCI Hong Kong ETF (EWH) is 5.91%, while iShares MSCI South Korea ETF (EWY) has a volatility of 7.09%. This indicates that EWH experiences smaller price fluctuations and is considered to be less risky than EWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
5.91%
7.09%
EWH
EWY