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EWY vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWY and QQQ is 0.61, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

EWY vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI South Korea ETF (EWY) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%NovemberDecember2025FebruaryMarchApril
287.32%
550.18%
EWY
QQQ

Key characteristics

Sharpe Ratio

EWY:

-0.33

QQQ:

0.49

Sortino Ratio

EWY:

-0.32

QQQ:

0.85

Omega Ratio

EWY:

0.96

QQQ:

1.12

Calmar Ratio

EWY:

-0.19

QQQ:

0.54

Martin Ratio

EWY:

-0.64

QQQ:

1.86

Ulcer Index

EWY:

13.54%

QQQ:

6.59%

Daily Std Dev

EWY:

25.84%

QQQ:

25.26%

Max Drawdown

EWY:

-74.14%

QQQ:

-82.98%

Current Drawdown

EWY:

-36.85%

QQQ:

-13.25%

Returns By Period

In the year-to-date period, EWY achieves a 9.94% return, which is significantly higher than QQQ's -8.45% return. Over the past 10 years, EWY has underperformed QQQ with an annualized return of 0.78%, while QQQ has yielded a comparatively higher 16.49% annualized return.


EWY

YTD

9.94%

1M

-1.96%

6M

-6.45%

1Y

-9.30%

5Y*

4.22%

10Y*

0.78%

QQQ

YTD

-8.45%

1M

-5.29%

6M

-4.78%

1Y

10.24%

5Y*

17.72%

10Y*

16.49%

*Annualized

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EWY vs. QQQ - Expense Ratio Comparison

EWY has a 0.59% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Expense ratio chart for EWY: current value is 0.59%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EWY: 0.59%
Expense ratio chart for QQQ: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQ: 0.20%

Risk-Adjusted Performance

EWY vs. QQQ — Risk-Adjusted Performance Rank

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

EWY
The Risk-Adjusted Performance Rank of EWY is 1010
Overall Rank
The Sharpe Ratio Rank of EWY is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of EWY is 99
Sortino Ratio Rank
The Omega Ratio Rank of EWY is 99
Omega Ratio Rank
The Calmar Ratio Rank of EWY is 1010
Calmar Ratio Rank
The Martin Ratio Rank of EWY is 1111
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6161
Overall Rank
The Sharpe Ratio Rank of QQQ is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6161
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6161
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6767
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EWY vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI South Korea ETF (EWY) and Invesco QQQ (QQQ). 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.


The chart of Sharpe ratio for EWY, currently valued at -0.33, compared to the broader market-1.000.001.002.003.004.00
EWY: -0.33
QQQ: 0.49
The chart of Sortino ratio for EWY, currently valued at -0.32, compared to the broader market-2.000.002.004.006.008.00
EWY: -0.32
QQQ: 0.85
The chart of Omega ratio for EWY, currently valued at 0.96, compared to the broader market0.501.001.502.00
EWY: 0.96
QQQ: 1.12
The chart of Calmar ratio for EWY, currently valued at -0.19, compared to the broader market0.002.004.006.008.0010.0012.00
EWY: -0.19
QQQ: 0.54
The chart of Martin ratio for EWY, currently valued at -0.64, compared to the broader market0.0020.0040.0060.00
EWY: -0.64
QQQ: 1.86

The current EWY Sharpe Ratio is -0.33, which is lower than the QQQ Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of EWY and QQQ, 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.33
0.49
EWY
QQQ

Dividends

EWY vs. QQQ - Dividend Comparison

EWY's dividend yield for the trailing twelve months is around 2.32%, more than QQQ's 0.64% yield.


TTM20242023202220212020201920182017201620152014
EWY
iShares MSCI South Korea ETF
2.32%2.55%2.52%1.23%2.16%0.73%2.10%1.34%2.90%1.21%2.42%1.20%
QQQ
Invesco QQQ
0.64%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

EWY vs. QQQ - Drawdown Comparison

The maximum EWY drawdown since its inception was -74.14%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EWY and QQQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-36.85%
-13.25%
EWY
QQQ

Volatility

EWY vs. QQQ - Volatility Comparison

The current volatility for iShares MSCI South Korea ETF (EWY) is 12.79%, while Invesco QQQ (QQQ) has a volatility of 16.89%. This indicates that EWY experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
12.79%
16.89%
EWY
QQQ