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

Correlation

The correlation between EWP and EWQ is 0.77, 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.


-0.50.00.51.00.8

Performance

EWP vs. EWQ - Performance Comparison

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

540.00%560.00%580.00%600.00%620.00%640.00%JulyAugustSeptemberOctoberNovemberDecember
563.98%
542.90%
EWP
EWQ

Key characteristics

Sharpe Ratio

EWP:

0.42

EWQ:

-0.31

Sortino Ratio

EWP:

0.66

EWQ:

-0.33

Omega Ratio

EWP:

1.08

EWQ:

0.96

Calmar Ratio

EWP:

0.45

EWQ:

-0.34

Martin Ratio

EWP:

1.64

EWQ:

-0.75

Ulcer Index

EWP:

4.24%

EWQ:

6.51%

Daily Std Dev

EWP:

16.53%

EWQ:

15.63%

Max Drawdown

EWP:

-61.19%

EWQ:

-61.41%

Current Drawdown

EWP:

-11.38%

EWQ:

-13.74%

Returns By Period

In the year-to-date period, EWP achieves a 4.75% return, which is significantly higher than EWQ's -6.26% return. Over the past 10 years, EWP has underperformed EWQ with an annualized return of 1.84%, while EWQ has yielded a comparatively higher 6.27% annualized return.


EWP

YTD

4.75%

1M

-3.82%

6M

0.72%

1Y

5.30%

5Y*

4.57%

10Y*

1.84%

EWQ

YTD

-6.26%

1M

-0.40%

6M

-6.44%

1Y

-6.26%

5Y*

4.86%

10Y*

6.27%

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. EWQ - Expense Ratio Comparison

Both EWP and EWQ have an expense ratio of 0.50%.


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 EWQ: 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%

Risk-Adjusted Performance

EWP vs. EWQ - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for EWP, currently valued at 0.42, compared to the broader market0.002.004.000.42-0.31
The chart of Sortino ratio for EWP, currently valued at 0.66, compared to the broader market-2.000.002.004.006.008.0010.000.66-0.33
The chart of Omega ratio for EWP, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.080.96
The chart of Calmar ratio for EWP, currently valued at 0.45, compared to the broader market0.005.0010.0015.000.45-0.34
The chart of Martin ratio for EWP, currently valued at 1.64, compared to the broader market0.0020.0040.0060.0080.00100.001.64-0.75
EWP
EWQ

The current EWP Sharpe Ratio is 0.42, which is higher than the EWQ Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of EWP and EWQ, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.42
-0.31
EWP
EWQ

Dividends

EWP vs. EWQ - Dividend Comparison

EWP's dividend yield for the trailing twelve months is around 4.39%, more than EWQ's 3.33% yield.


TTM20232022202120202019201820172016201520142013
EWP
iShares MSCI Spain ETF
4.39%2.70%3.07%3.29%2.56%3.72%3.69%2.72%4.65%3.85%4.72%2.84%
EWQ
iShares MSCI France ETF
3.33%2.73%3.23%3.79%1.02%2.44%2.90%1.90%2.84%2.25%3.38%2.43%

Drawdowns

EWP vs. EWQ - Drawdown Comparison

The maximum EWP drawdown since its inception was -61.19%, roughly equal to the maximum EWQ drawdown of -61.41%. Use the drawdown chart below to compare losses from any high point for EWP and EWQ. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.38%
-13.74%
EWP
EWQ

Volatility

EWP vs. EWQ - Volatility Comparison

iShares MSCI Spain ETF (EWP) has a higher volatility of 4.65% compared to iShares MSCI France ETF (EWQ) at 3.94%. This indicates that EWP's price experiences larger fluctuations and is considered to be riskier than EWQ 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
4.65%
3.94%
EWP
EWQ
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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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