EWQ vs. EUSC

Last updated Jun 4, 2026

EWQ (iShares MSCI France ETF) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds - EWQ tracks the MSCI France Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. EWQ charges 0.50%/yr vs 0.58%/yr for EUSC.

Performance

EWQ vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI France ETF (EWQ) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EWQ

• 1D: -1.19%
• 1M: 2.85%
• YTD: 1.20%
• 6M: 2.17%
• 1Y: 9.25%
• 3Y*: 9.50%
• 5Y*: 6.30%
• 10Y*: 9.13%

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EWQ vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
EWQ iShares MSCI France ETF	-1.02%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%

EWQ vs. EUSC - Sectors Allocation Comparison

Sectors	EWQ	EUSC
Industrials	31.7%	20.1%
Financial Services	12.8%	28.4%
Consumer Cyclical	12.0%	9.1%
Healthcare	8.4%	2.9%
Consumer Defensive	8.3%	4.1%
Energy	8.0%	3.7%
Basic Materials	7.0%	6.5%
Technology	4.1%	4.4%
Communication Services	3.0%	5.0%
Utilities	2.6%	6.5%
Real Estate	1.4%	9.3%

Return for Risk

EWQ vs. EUSC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EWQ

EWQ Risk / Return Rank: 17
EWQ Sharpe Ratio Rank: 17
EWQ Sortino Ratio Rank: 17
EWQ Omega Ratio Rank: 17
EWQ Calmar Ratio Rank: 17
EWQ Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EWQ vs. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI France ETF (EWQ) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). 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.

	EWQ	EUSC	Difference
Sharpe ratio: Return per unit of total volatility	0.54	—	—
Sortino ratio: Return per unit of downside risk	0.88	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.67	—	—
Martin ratio: Return relative to average drawdown	2.08	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EWQ	EUSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	—	—

Drawdowns

EWQ vs. EUSC - Drawdown Comparison

The maximum EWQ drawdown since its inception was -61.41%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for EWQ and EUSC.

Drawdown Indicators

	EWQ	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-61.41%	0.00%	-61.41%
Max Drawdown (1Y) Largest decline over 1 year	-13.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.23%	—	—
Current Drawdown Current decline from peak	-5.83%	0.00%	-5.83%
Average Drawdown Average peak-to-trough decline	-16.08%	0.00%	-16.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	—	—

Volatility

Volatility by Period

	EWQ	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.15%	0.00%	+17.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.78%	0.00%	+19.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.81%	0.00%	+20.81%

EWQ vs. EUSC - Expense Ratio Comparison

EWQ has a 0.50% expense ratio, which is lower than EUSC's 0.58% expense ratio.

Dividends

EWQ vs. EUSC - Dividend Comparison

EWQ's dividend yield for the trailing twelve months is around 2.60%, while EUSC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EWQ iShares MSCI France ETF	2.60%	2.63%	3.31%	2.73%	3.23%	3.79%	1.02%	2.44%	2.90%	1.90%	2.84%	2.25%

Frequently Asked Questions

Which ETF is better, EWQ or EUSC?

On fees, EWQ is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EWQ or EUSC?

EWQ is cheaper with a 0.50% expense ratio, compared with 0.58% for EUSC.

Which ETF pays a higher dividend yield, EWQ or EUSC?

EWQ has the higher dividend yield at 2.60%, compared with 0.00% for EUSC.

What is the main difference between EWQ and EUSC?

EWQ tracks MSCI France Index, while EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.50% for EWQ and 0.58% for EUSC.