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

Performance

EWP vs. INDA - Performance Comparison

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

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-0.70%
0.68%
EWP
INDA

Returns By Period

In the year-to-date period, EWP achieves a 8.97% return, which is significantly lower than INDA's 9.75% return. Over the past 10 years, EWP has underperformed INDA with an annualized return of 2.08%, while INDA has yielded a comparatively higher 6.49% annualized return.


EWP

YTD

8.97%

1M

-5.14%

6M

-0.69%

1Y

13.07%

5Y (annualized)

6.43%

10Y (annualized)

2.08%

INDA

YTD

9.75%

1M

-5.29%

6M

0.68%

1Y

18.91%

5Y (annualized)

10.90%

10Y (annualized)

6.49%

Key characteristics


EWPINDA
Sharpe Ratio0.851.34
Sortino Ratio1.201.76
Omega Ratio1.151.26
Calmar Ratio0.901.81
Martin Ratio4.006.61
Ulcer Index3.48%2.86%
Daily Std Dev16.33%14.07%
Max Drawdown-61.19%-45.06%
Current Drawdown-7.81%-9.51%

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EWP vs. INDA - Expense Ratio Comparison

EWP has a 0.50% expense ratio, which is lower than INDA's 0.69% expense ratio.


INDA
iShares MSCI India ETF
Expense ratio chart for INDA: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
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%

Correlation

-0.50.00.51.00.5

The correlation between EWP and INDA is 0.49, 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.

Risk-Adjusted Performance

EWP vs. INDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Spain ETF (EWP) and iShares MSCI India ETF (INDA). 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 0.85, compared to the broader market0.002.004.006.000.851.34
The chart of Sortino ratio for EWP, currently valued at 1.20, compared to the broader market-2.000.002.004.006.008.0010.0012.001.201.76
The chart of Omega ratio for EWP, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.26
The chart of Calmar ratio for EWP, currently valued at 1.42, compared to the broader market0.005.0010.0015.001.421.81
The chart of Martin ratio for EWP, currently valued at 4.00, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.006.61
EWP
INDA

The current EWP Sharpe Ratio is 0.85, which is lower than the INDA Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of EWP and INDA, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
0.85
1.34
EWP
INDA

Dividends

EWP vs. INDA - Dividend Comparison

EWP's dividend yield for the trailing twelve months is around 3.07%, while INDA has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
EWP
iShares MSCI Spain ETF
3.07%2.70%3.07%3.29%2.56%3.72%3.69%2.72%4.65%3.85%4.72%2.84%
INDA
iShares MSCI India ETF
0.00%0.16%0.00%6.44%0.27%1.00%0.94%1.09%0.91%1.19%0.63%0.40%

Drawdowns

EWP vs. INDA - Drawdown Comparison

The maximum EWP drawdown since its inception was -61.19%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for EWP and INDA. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.81%
-9.51%
EWP
INDA

Volatility

EWP vs. INDA - Volatility Comparison

iShares MSCI Spain ETF (EWP) has a higher volatility of 6.66% compared to iShares MSCI India ETF (INDA) at 3.29%. This indicates that EWP's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.66%
3.29%
EWP
INDA