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EWL vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWL and QQQ is 0.50, 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.


-0.50.00.51.00.5

Performance

EWL vs. QQQ - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-6.34%
9.59%
EWL
QQQ

Key characteristics

Sharpe Ratio

EWL:

0.03

QQQ:

1.64

Sortino Ratio

EWL:

0.12

QQQ:

2.19

Omega Ratio

EWL:

1.01

QQQ:

1.30

Calmar Ratio

EWL:

0.03

QQQ:

2.16

Martin Ratio

EWL:

0.08

QQQ:

7.79

Ulcer Index

EWL:

4.54%

QQQ:

3.76%

Daily Std Dev

EWL:

12.65%

QQQ:

17.85%

Max Drawdown

EWL:

-51.62%

QQQ:

-82.98%

Current Drawdown

EWL:

-13.11%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, EWL achieves a -2.89% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, EWL has underperformed QQQ with an annualized return of 5.86%, while QQQ has yielded a comparatively higher 18.36% annualized return.


EWL

YTD

-2.89%

1M

-2.69%

6M

-5.49%

1Y

-1.09%

5Y*

4.67%

10Y*

5.86%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EWL vs. QQQ - Expense Ratio Comparison

EWL has a 0.50% expense ratio, which is higher than QQQ's 0.20% expense ratio.


EWL
iShares MSCI Switzerland ETF
Expense ratio chart for EWL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

EWL vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Switzerland ETF (EWL) and Invesco QQQ (QQQ). 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 EWL, currently valued at 0.03, compared to the broader market0.002.004.000.031.64
The chart of Sortino ratio for EWL, currently valued at 0.12, compared to the broader market-2.000.002.004.006.008.0010.000.122.19
The chart of Omega ratio for EWL, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.001.011.30
The chart of Calmar ratio for EWL, currently valued at 0.03, compared to the broader market0.005.0010.0015.000.032.16
The chart of Martin ratio for EWL, currently valued at 0.08, compared to the broader market0.0020.0040.0060.0080.00100.000.087.79
EWL
QQQ

The current EWL Sharpe Ratio is 0.03, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of EWL and QQQ, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.03
1.64
EWL
QQQ

Dividends

EWL vs. QQQ - Dividend Comparison

EWL's dividend yield for the trailing twelve months is around 2.22%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
EWL
iShares MSCI Switzerland ETF
2.22%2.12%2.04%1.73%1.45%1.85%2.56%2.05%2.75%2.58%2.49%1.83%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

EWL vs. QQQ - Drawdown Comparison

The maximum EWL drawdown since its inception was -51.62%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EWL and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.11%
-3.63%
EWL
QQQ

Volatility

EWL vs. QQQ - Volatility Comparison

The current volatility for iShares MSCI Switzerland ETF (EWL) is 3.79%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that EWL experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
3.79%
5.29%
EWL
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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