EWK vs. EWQ
Compare and contrast key facts about iShares MSCI Belgium ETF (EWK) and iShares MSCI France ETF (EWQ).
EWK and EWQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWK is a passively managed fund by iShares that tracks the performance of the MSCI Belgium Investable Market Index. It was launched on Mar 12, 1996. EWQ is a passively managed fund by iShares that tracks the performance of the MSCI France Index. It was launched on Mar 12, 1996. Both EWK and EWQ 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: EWK or EWQ.
Performance
EWK vs. EWQ - Performance Comparison
Returns By Period
In the year-to-date period, EWK achieves a 1.72% return, which is significantly higher than EWQ's -5.89% return. Over the past 10 years, EWK has underperformed EWQ with an annualized return of 3.92%, while EWQ has yielded a comparatively higher 6.13% annualized return.
EWK
1.72%
-7.30%
-2.43%
6.13%
1.97%
3.92%
EWQ
-5.89%
-6.85%
-11.81%
-0.45%
5.42%
6.13%
Key characteristics
| EWK | EWQ | |
|---|---|---|
| Sharpe Ratio | 0.39 | -0.06 |
| Sortino Ratio | 0.60 | 0.02 |
| Omega Ratio | 1.08 | 1.00 |
| Calmar Ratio | 0.32 | -0.07 |
| Martin Ratio | 1.69 | -0.17 |
| Ulcer Index | 3.24% | 5.37% |
| Daily Std Dev | 14.11% | 15.46% |
| Max Drawdown | -74.10% | -61.41% |
| Current Drawdown | -11.26% | -13.40% |
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EWK vs. EWQ - Expense Ratio Comparison
EWK has a 0.49% expense ratio, which is lower than EWQ's 0.50% expense ratio.
Correlation
The correlation between EWK and EWQ is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
EWK vs. EWQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Belgium ETF (EWK) and iShares MSCI France ETF (EWQ). 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
EWK vs. EWQ - Dividend Comparison
EWK's dividend yield for the trailing twelve months is around 2.28%, less than EWQ's 3.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWK iShares MSCI Belgium ETF | 2.28% | 2.09% | 2.58% | 3.63% | 1.66% | 2.77% | 2.77% | 2.91% | 1.75% | 2.06% | 1.85% | 4.62% |
EWQ iShares MSCI France ETF | 3.24% | 2.73% | 3.23% | 3.79% | 1.02% | 2.44% | 2.90% | 1.90% | 2.84% | 2.25% | 3.38% | 2.43% |
Drawdowns
EWK vs. EWQ - Drawdown Comparison
The maximum EWK drawdown since its inception was -74.10%, which is greater than EWQ's maximum drawdown of -61.41%. Use the drawdown chart below to compare losses from any high point for EWK and EWQ. For additional features, visit the drawdowns tool.
Volatility
EWK vs. EWQ - Volatility Comparison
The current volatility for iShares MSCI Belgium ETF (EWK) is 4.21%, while iShares MSCI France ETF (EWQ) has a volatility of 5.33%. This indicates that EWK experiences smaller price fluctuations and is considered to be less risky than EWQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.