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

Performance

EWP vs. PGAL - Performance Comparison

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

-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-0.69%
0
EWP
PGAL

Returns By Period


EWP

YTD

8.97%

1M

-5.14%

6M

-0.69%

1Y

13.07%

5Y (annualized)

6.43%

10Y (annualized)

2.08%

PGAL

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


EWPPGAL

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EWP vs. PGAL - Expense Ratio Comparison

EWP has a 0.50% expense ratio, which is lower than PGAL's 0.58% expense ratio.


PGAL
Global X MSCI Portugal ETF
Expense ratio chart for PGAL: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
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

-0.50.00.51.00.7

The correlation between EWP and PGAL is 0.68, 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. PGAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Spain ETF (EWP) and Global X MSCI Portugal ETF (PGAL). 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 market0.002.004.006.000.850.15
The chart of Sortino ratio for EWP, currently valued at 1.20, compared to the broader market-2.000.002.004.006.008.0010.0012.001.200.34
The chart of Omega ratio for EWP, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.09
The chart of Calmar ratio for EWP, currently valued at 1.42, compared to the broader market0.005.0010.0015.001.420.08
The chart of Martin ratio for EWP, currently valued at 4.00, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.000.32
EWP
PGAL

Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.85
0.15
EWP
PGAL

Dividends

EWP vs. PGAL - Dividend Comparison

EWP's dividend yield for the trailing twelve months is around 3.07%, while PGAL 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%
PGAL
Global X MSCI Portugal ETF
0.66%4.15%3.33%3.43%2.41%3.49%4.60%3.05%4.29%4.53%2.23%0.00%

Drawdowns

EWP vs. PGAL - Drawdown Comparison


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.81%
-20.57%
EWP
PGAL

Volatility

EWP vs. PGAL - Volatility Comparison

iShares MSCI Spain ETF (EWP) has a higher volatility of 6.66% compared to Global X MSCI Portugal ETF (PGAL) at 0.00%. This indicates that EWP's price experiences larger fluctuations and is considered to be riskier than PGAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
6.66%
0
EWP
PGAL