EWW vs. KOF

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Mexico ETF (EWW) and Coca-Cola FEMSA, S.A.B. de C.V. (KOF).

EWW is a passively managed fund by iShares that tracks the performance of the MSCI Mexico IMI 25/50 Index. It was launched on Mar 12, 1996.

Performance

EWW vs. KOF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Mexico ETF (EWW) and Coca-Cola FEMSA, S.A.B. de C.V. (KOF). The values are adjusted to include any dividend payments, if applicable.

EWW vs. KOF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EWW iShares MSCI Mexico ETF	10.15%	53.65%	-28.22%	40.32%	1.24%	20.27%	-3.06%	12.64%	-14.58%	14.47%
KOF Coca-Cola FEMSA, S.A.B. de C.V.	4.48%	27.03%	-14.60%	45.09%	29.83%	24.85%	-19.17%	2.46%	-9.99%	12.36%

Returns By Period

In the year-to-date period, EWW achieves a 10.15% return, which is significantly higher than KOF's 4.48% return. Over the past 10 years, EWW has outperformed KOF with an annualized return of 6.32%, while KOF has yielded a comparatively lower 5.57% annualized return.

EWW

• 1D: 1.52%
• 1M: -3.89%
• YTD: 10.15%
• 6M: 16.56%
• 1Y: 52.24%
• 3Y*: 12.30%
• 5Y*: 14.90%
• 10Y*: 6.32%

KOF

• 1D: 1.44%
• 1M: -9.98%
• YTD: 4.48%
• 6M: 23.12%
• 1Y: 10.31%
• 3Y*: 11.53%
• 5Y*: 21.40%
• 10Y*: 5.57%

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

Return for Risk

EWW vs. KOF — Risk / Return Rank

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

EWW

EWW Risk / Return Rank: 92
EWW Sharpe Ratio Rank: 91
EWW Sortino Ratio Rank: 92
EWW Omega Ratio Rank: 90
EWW Calmar Ratio Rank: 94
EWW Martin Ratio Rank: 94

KOF

KOF Risk / Return Rank: 52
KOF Sharpe Ratio Rank: 55
KOF Sortino Ratio Rank: 47
KOF Omega Ratio Rank: 45
KOF Calmar Ratio Rank: 58
KOF Martin Ratio Rank: 56

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.

EWW vs. KOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Mexico ETF (EWW) and Coca-Cola FEMSA, S.A.B. de C.V. (KOF). 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.

	EWW	KOF	Difference
Sharpe ratio Return per unit of total volatility	2.13	0.39	+1.73
Sortino ratio Return per unit of downside risk	2.76	0.72	+2.04
Omega ratio Gain probability vs. loss probability	1.39	1.09	+0.30
Calmar ratio Return relative to maximum drawdown	3.97	0.73	+3.24
Martin ratio Return relative to average drawdown	15.08	1.42	+13.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EWW vs. KOF - Sharpe Ratio Comparison

The current EWW Sharpe Ratio is 2.13, which is higher than the KOF Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of EWW and KOF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EWW	KOF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	0.39	+1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.89	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.22	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.32	-0.01

Correlation

The correlation between EWW and KOF is 0.54, 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.

Dividends

EWW vs. KOF - Dividend Comparison

EWW's dividend yield for the trailing twelve months is around 3.16%, less than KOF's 3.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EWW iShares MSCI Mexico ETF	3.16%	3.48%	4.39%	2.19%	3.64%	2.06%	1.43%	2.92%	2.30%	2.22%	1.77%	2.34%
KOF Coca-Cola FEMSA, S.A.B. de C.V.	3.91%	4.09%	4.20%	3.37%	3.99%	4.59%	5.22%	2.75%	2.95%	2.52%	2.84%	2.74%

Drawdowns

EWW vs. KOF - Drawdown Comparison

The maximum EWW drawdown since its inception was -64.94%, smaller than the maximum KOF drawdown of -74.81%. Use the drawdown chart below to compare losses from any high point for EWW and KOF.

Drawdown Indicators

	EWW	KOF	Difference
Max Drawdown Largest peak-to-trough decline	-64.94%	-74.81%	+9.87%
Max Drawdown (1Y) Largest decline over 1 year	-13.98%	-18.13%	+4.15%
Max Drawdown (5Y) Largest decline over 5 years	-31.17%	-24.50%	-6.67%
Max Drawdown (10Y) Largest decline over 10 years	-53.62%	-55.04%	+1.42%
Current Drawdown Current decline from peak	-5.98%	-13.62%	+7.64%
Average Drawdown Average peak-to-trough decline	-18.60%	-29.14%	+10.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.68%	9.29%	-5.61%

Volatility

EWW vs. KOF - Volatility Comparison

iShares MSCI Mexico ETF (EWW) has a higher volatility of 10.35% compared to Coca-Cola FEMSA, S.A.B. de C.V. (KOF) at 7.83%. This indicates that EWW's price experiences larger fluctuations and is considered to be riskier than KOF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EWW	KOF	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.35%	7.83%	+2.52%
Volatility (6M) Calculated over the trailing 6-month period	17.54%	18.49%	-0.95%
Volatility (1Y) Calculated over the trailing 1-year period	24.75%	26.46%	-1.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.43%	24.12%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.39%	25.94%	-0.55%