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EWP vs. EWG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWP and EWG is 0.75, 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.


-0.50.00.51.00.7

Performance

EWP vs. EWG - Performance Comparison

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

0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-0.83%
5.67%
EWP
EWG

Key characteristics

Sharpe Ratio

EWP:

0.37

EWG:

0.84

Sortino Ratio

EWP:

0.60

EWG:

1.23

Omega Ratio

EWP:

1.07

EWG:

1.15

Calmar Ratio

EWP:

0.40

EWG:

0.81

Martin Ratio

EWP:

1.49

EWG:

3.84

Ulcer Index

EWP:

4.12%

EWG:

3.22%

Daily Std Dev

EWP:

16.62%

EWG:

14.78%

Max Drawdown

EWP:

-61.19%

EWG:

-67.57%

Current Drawdown

EWP:

-11.53%

EWG:

-5.48%

Returns By Period

In the year-to-date period, EWP achieves a 4.58% return, which is significantly lower than EWG's 10.66% return. Over the past 10 years, EWP has underperformed EWG with an annualized return of 1.91%, while EWG has yielded a comparatively higher 3.94% annualized return.


EWP

YTD

4.58%

1M

-4.73%

6M

-0.46%

1Y

5.18%

5Y*

4.55%

10Y*

1.91%

EWG

YTD

10.66%

1M

1.49%

6M

5.88%

1Y

11.07%

5Y*

4.51%

10Y*

3.94%

Compare stocks, funds, or ETFs

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


EWP vs. EWG - Expense Ratio Comparison

EWP has a 0.50% expense ratio, which is higher than EWG's 0.49% expense ratio.


EWP
iShares MSCI Spain ETF
Expense ratio chart for EWP: 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 EWG: 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%

Risk-Adjusted Performance

EWP vs. EWG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Spain ETF (EWP) and iShares MSCI Germany ETF (EWG). 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 EWP, currently valued at 0.37, compared to the broader market0.002.004.000.370.84
The chart of Sortino ratio for EWP, currently valued at 0.60, compared to the broader market-2.000.002.004.006.008.0010.000.601.23
The chart of Omega ratio for EWP, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.15
The chart of Calmar ratio for EWP, currently valued at 0.40, compared to the broader market0.005.0010.0015.000.400.81
The chart of Martin ratio for EWP, currently valued at 1.49, compared to the broader market0.0020.0040.0060.0080.00100.001.493.84
EWP
EWG

The current EWP Sharpe Ratio is 0.37, which is lower than the EWG Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of EWP and EWG, 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.37
0.84
EWP
EWG

Dividends

EWP vs. EWG - Dividend Comparison

EWP's dividend yield for the trailing twelve months is around 5.95%, more than EWG's 2.37% yield.


TTM20232022202120202019201820172016201520142013
EWP
iShares MSCI Spain ETF
4.40%2.70%3.07%3.29%2.56%3.72%3.69%2.72%4.65%3.85%4.72%2.84%
EWG
iShares MSCI Germany ETF
2.37%2.56%3.24%2.70%2.10%2.51%2.93%2.06%2.35%1.93%2.30%1.37%

Drawdowns

EWP vs. EWG - Drawdown Comparison

The maximum EWP drawdown since its inception was -61.19%, smaller than the maximum EWG drawdown of -67.57%. Use the drawdown chart below to compare losses from any high point for EWP and EWG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.53%
-5.48%
EWP
EWG

Volatility

EWP vs. EWG - Volatility Comparison

iShares MSCI Spain ETF (EWP) has a higher volatility of 4.64% compared to iShares MSCI Germany ETF (EWG) at 3.92%. This indicates that EWP's price experiences larger fluctuations and is considered to be riskier than EWG 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%JulyAugustSeptemberOctoberNovemberDecember
4.64%
3.92%
EWP
EWG
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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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