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

Key characteristics


EWPEWQ
YTD Return14.05%-0.95%
1Y Return27.35%9.56%
3Y Return (Ann)10.01%1.59%
5Y Return (Ann)6.93%6.56%
10Y Return (Ann)2.91%6.99%
Sharpe Ratio1.800.66
Sortino Ratio2.441.00
Omega Ratio1.311.12
Calmar Ratio1.400.89
Martin Ratio9.102.10
Ulcer Index3.09%4.74%
Daily Std Dev15.68%15.16%
Max Drawdown-61.19%-61.41%
Current Drawdown-3.51%-8.86%

Correlation

-0.50.00.51.00.8

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.

Performance

EWP vs. EWQ - Performance Comparison

In the year-to-date period, EWP achieves a 14.05% return, which is significantly higher than EWQ's -0.95% return. Over the past 10 years, EWP has underperformed EWQ with an annualized return of 2.91%, while EWQ has yielded a comparatively higher 6.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.72%
-5.12%
EWP
EWQ

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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.


EWP
Sharpe ratio
The chart of Sharpe ratio for EWP, currently valued at 1.80, compared to the broader market0.002.004.006.001.80
Sortino ratio
The chart of Sortino ratio for EWP, currently valued at 2.44, compared to the broader market0.005.0010.002.44
Omega ratio
The chart of Omega ratio for EWP, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for EWP, currently valued at 1.40, compared to the broader market0.005.0010.0015.0020.001.40
Martin ratio
The chart of Martin ratio for EWP, currently valued at 9.10, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.10
EWQ
Sharpe ratio
The chart of Sharpe ratio for EWQ, currently valued at 0.66, compared to the broader market0.002.004.006.000.66
Sortino ratio
The chart of Sortino ratio for EWQ, currently valued at 1.00, compared to the broader market0.005.0010.001.00
Omega ratio
The chart of Omega ratio for EWQ, currently valued at 1.12, compared to the broader market1.001.502.002.503.001.12
Calmar ratio
The chart of Calmar ratio for EWQ, currently valued at 0.89, compared to the broader market0.005.0010.0015.0020.000.89
Martin ratio
The chart of Martin ratio for EWQ, currently valued at 2.10, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.10

EWP vs. EWQ - Sharpe Ratio Comparison

The current EWP Sharpe Ratio is 1.80, which is higher than the EWQ Sharpe Ratio of 0.66. 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 Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.80
0.66
EWP
EWQ

Dividends

EWP vs. EWQ - Dividend Comparison

EWP's dividend yield for the trailing twelve months is around 2.93%, less than EWQ's 3.07% yield.


TTM20232022202120202019201820172016201520142013
EWP
iShares MSCI Spain ETF
2.93%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
3.07%2.73%3.23%3.79%1.02%2.44%2.90%1.90%2.84%2.25%3.37%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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.51%
-8.86%
EWP
EWQ

Volatility

EWP vs. EWQ - Volatility Comparison

iShares MSCI Spain ETF (EWP) and iShares MSCI France ETF (EWQ) have volatilities of 3.51% and 3.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.51%
3.65%
EWP
EWQ