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EWN vs. EDEN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

EWN vs. EDEN - Performance Comparison

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

-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-11.57%
-11.15%
EWN
EDEN

Returns By Period

In the year-to-date period, EWN achieves a 1.09% return, which is significantly higher than EDEN's 0.57% return. Over the past 10 years, EWN has underperformed EDEN with an annualized return of 8.17%, while EDEN has yielded a comparatively higher 10.28% annualized return.


EWN

YTD

1.09%

1M

-6.98%

6M

-11.57%

1Y

8.61%

5Y (annualized)

8.16%

10Y (annualized)

8.17%

EDEN

YTD

0.57%

1M

-8.17%

6M

-11.15%

1Y

7.26%

5Y (annualized)

13.09%

10Y (annualized)

10.28%

Key characteristics


EWNEDEN
Sharpe Ratio0.470.45
Sortino Ratio0.760.74
Omega Ratio1.091.09
Calmar Ratio0.450.47
Martin Ratio1.631.63
Ulcer Index5.38%4.45%
Daily Std Dev18.82%16.10%
Max Drawdown-65.22%-36.61%
Current Drawdown-15.25%-15.59%

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EWN vs. EDEN - Expense Ratio Comparison

EWN has a 0.50% expense ratio, which is lower than EDEN's 0.53% expense ratio.


EDEN
iShares MSCI Denmark ETF
Expense ratio chart for EDEN: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for EWN: 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%

Correlation

-0.50.00.51.00.7

The correlation between EWN and EDEN 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

EWN vs. EDEN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Netherlands ETF (EWN) and iShares MSCI Denmark ETF (EDEN). 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 EWN, currently valued at 0.47, compared to the broader market0.002.004.000.470.45
The chart of Sortino ratio for EWN, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.0010.000.760.74
The chart of Omega ratio for EWN, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.09
The chart of Calmar ratio for EWN, currently valued at 0.45, compared to the broader market0.005.0010.0015.000.450.47
The chart of Martin ratio for EWN, currently valued at 1.63, compared to the broader market0.0020.0040.0060.0080.00100.001.631.63
EWN
EDEN

The current EWN Sharpe Ratio is 0.47, which is comparable to the EDEN Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of EWN and EDEN, 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 Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.47
0.45
EWN
EDEN

Dividends

EWN vs. EDEN - Dividend Comparison

EWN's dividend yield for the trailing twelve months is around 2.03%, more than EDEN's 1.40% yield.


TTM20232022202120202019201820172016201520142013
EWN
iShares MSCI Netherlands ETF
2.03%1.79%1.98%1.02%0.78%2.58%2.40%1.68%2.71%1.92%2.30%1.50%
EDEN
iShares MSCI Denmark ETF
1.40%1.92%1.47%0.74%0.42%2.36%2.01%2.03%1.28%1.46%0.87%0.86%

Drawdowns

EWN vs. EDEN - Drawdown Comparison

The maximum EWN drawdown since its inception was -65.22%, which is greater than EDEN's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for EWN and EDEN. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.25%
-15.59%
EWN
EDEN

Volatility

EWN vs. EDEN - Volatility Comparison

The current volatility for iShares MSCI Netherlands ETF (EWN) is 4.40%, while iShares MSCI Denmark ETF (EDEN) has a volatility of 5.04%. This indicates that EWN experiences smaller price fluctuations and is considered to be less risky than EDEN 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%JuneJulyAugustSeptemberOctoberNovember
4.40%
5.04%
EWN
EDEN