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EWJ vs. EWS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWJ and EWS is 0.55, 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

EWJ vs. EWS - Performance Comparison

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

60.00%80.00%100.00%120.00%140.00%160.00%December2025FebruaryMarchAprilMay
77.63%
165.33%
EWJ
EWS

Key characteristics

Sharpe Ratio

EWJ:

0.38

EWS:

1.77

Sortino Ratio

EWJ:

0.50

EWS:

2.39

Omega Ratio

EWJ:

1.07

EWS:

1.38

Calmar Ratio

EWJ:

0.37

EWS:

2.07

Martin Ratio

EWJ:

1.13

EWS:

11.40

Ulcer Index

EWJ:

4.86%

EWS:

2.97%

Daily Std Dev

EWJ:

21.31%

EWS:

19.99%

Max Drawdown

EWJ:

-58.89%

EWS:

-75.20%

Current Drawdown

EWJ:

-0.83%

EWS:

-1.20%

Returns By Period

In the year-to-date period, EWJ achieves a 7.05% return, which is significantly lower than EWS's 13.23% return. Over the past 10 years, EWJ has outperformed EWS with an annualized return of 5.11%, while EWS has yielded a comparatively lower 3.40% annualized return.


EWJ

YTD

7.05%

1M

16.51%

6M

4.25%

1Y

8.01%

5Y*

8.45%

10Y*

5.11%

EWS

YTD

13.23%

1M

22.35%

6M

14.15%

1Y

35.21%

5Y*

10.90%

10Y*

3.40%

*Annualized

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EWJ vs. EWS - Expense Ratio Comparison

EWJ has a 0.49% expense ratio, which is lower than EWS's 0.50% expense ratio.


Risk-Adjusted Performance

EWJ vs. EWS — Risk-Adjusted Performance Rank

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

EWJ
The Risk-Adjusted Performance Rank of EWJ is 4444
Overall Rank
The Sharpe Ratio Rank of EWJ is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of EWJ is 3939
Sortino Ratio Rank
The Omega Ratio Rank of EWJ is 3737
Omega Ratio Rank
The Calmar Ratio Rank of EWJ is 5252
Calmar Ratio Rank
The Martin Ratio Rank of EWJ is 4545
Martin Ratio Rank

EWS
The Risk-Adjusted Performance Rank of EWS is 9494
Overall Rank
The Sharpe Ratio Rank of EWS is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of EWS is 9292
Sortino Ratio Rank
The Omega Ratio Rank of EWS is 9494
Omega Ratio Rank
The Calmar Ratio Rank of EWS is 9494
Calmar Ratio Rank
The Martin Ratio Rank of EWS is 9595
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.

EWJ vs. EWS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ETF (EWJ) 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.


The current EWJ Sharpe Ratio is 0.38, which is lower than the EWS Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of EWJ and EWS, 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-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.38
1.77
EWJ
EWS

Dividends

EWJ vs. EWS - Dividend Comparison

EWJ's dividend yield for the trailing twelve months is around 2.19%, less than EWS's 3.78% yield.


TTM20242023202220212020201920182017201620152014
EWJ
iShares MSCI Japan ETF
2.19%2.34%2.03%1.23%2.08%1.04%2.03%1.71%1.25%1.95%1.27%1.32%
EWS
iShares MSCI Singapore ETF
3.78%4.28%6.49%2.56%6.00%2.68%4.70%4.21%3.46%3.96%4.20%3.35%

Drawdowns

EWJ vs. EWS - Drawdown Comparison

The maximum EWJ drawdown since its inception was -58.89%, smaller than the maximum EWS drawdown of -75.20%. Use the drawdown chart below to compare losses from any high point for EWJ and EWS. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-0.83%
-1.20%
EWJ
EWS

Volatility

EWJ vs. EWS - Volatility Comparison

The current volatility for iShares MSCI Japan ETF (EWJ) is 9.03%, while iShares MSCI Singapore ETF (EWS) has a volatility of 10.66%. This indicates that EWJ experiences smaller price fluctuations and is considered to be less risky than EWS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
9.03%
10.66%
EWJ
EWS