EWQ vs. EWO
Compare and contrast key facts about iShares MSCI France ETF (EWQ) and iShares MSCI Austria ETF (EWO).
EWQ and EWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWQ is a passively managed fund by iShares that tracks the performance of the MSCI France Index. It was launched on Mar 12, 1996. EWO is a passively managed fund by iShares that tracks the performance of the MSCI Austria Investable Market Index. It was launched on Mar 12, 1996. Both EWQ and EWO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWQ or EWO.
Key characteristics
| EWQ | EWO | |
|---|---|---|
| YTD Return | 8.12% | 8.35% |
| 1Y Return | 11.83% | 21.25% |
| 3Y Return (Ann) | 6.83% | 2.46% |
| 5Y Return (Ann) | 10.09% | 6.54% |
| 10Y Return (Ann) | 6.35% | 5.04% |
| Sharpe Ratio | 0.86 | 1.58 |
| Daily Std Dev | 14.53% | 13.70% |
| Max Drawdown | -61.41% | -75.69% |
| Current Drawdown | 0.00% | -7.02% |
Correlation
The correlation between EWQ and EWO is 0.64, 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.
Performance
EWQ vs. EWO - Performance Comparison
The year-to-date returns for both investments are quite close, with EWQ having a 8.12% return and EWO slightly higher at 8.35%. Over the past 10 years, EWQ has outperformed EWO with an annualized return of 6.35%, while EWO has yielded a comparatively lower 5.04% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EWQ vs. EWO - Expense Ratio Comparison
EWQ has a 0.50% expense ratio, which is higher than EWO's 0.49% expense ratio.
Risk-Adjusted Performance
EWQ vs. EWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI France ETF (EWQ) and iShares MSCI Austria ETF (EWO). 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.
Dividends
EWQ vs. EWO - Dividend Comparison
EWQ's dividend yield for the trailing twelve months is around 2.52%, less than EWO's 5.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWQ iShares MSCI France ETF | 2.52% | 2.73% | 3.23% | 3.79% | 1.02% | 2.44% | 2.90% | 1.90% | 2.84% | 2.25% | 3.37% | 2.43% |
EWO iShares MSCI Austria ETF | 5.22% | 5.66% | 4.75% | 2.42% | 0.98% | 3.11% | 4.04% | 2.03% | 1.99% | 1.51% | 3.93% | 2.02% |
Drawdowns
EWQ vs. EWO - Drawdown Comparison
The maximum EWQ drawdown since its inception was -61.41%, smaller than the maximum EWO drawdown of -75.69%. Use the drawdown chart below to compare losses from any high point for EWQ and EWO. For additional features, visit the drawdowns tool.
Volatility
EWQ vs. EWO - Volatility Comparison
iShares MSCI France ETF (EWQ) and iShares MSCI Austria ETF (EWO) have volatilities of 2.95% and 2.96%, 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.