EWZ vs. ESS
Compare and contrast key facts about iShares MSCI Brazil ETF (EWZ) and Essex Property Trust, Inc. (ESS).
EWZ is a passively managed fund by iShares that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Jul 10, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWZ or ESS.
Key characteristics
| EWZ | ESS | |
|---|---|---|
| YTD Return | -11.87% | 0.74% |
| 1Y Return | 19.14% | 25.00% |
| 3Y Return (Ann) | 3.91% | -2.56% |
| 5Y Return (Ann) | 0.40% | 0.80% |
| 10Y Return (Ann) | 0.21% | 6.92% |
| Sharpe Ratio | 0.82 | 1.02 |
| Daily Std Dev | 22.37% | 23.31% |
| Max Drawdown | -77.27% | -62.67% |
| Current Drawdown | -40.78% | -25.49% |
Correlation
The correlation between EWZ and ESS is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EWZ vs. ESS - Performance Comparison
In the year-to-date period, EWZ achieves a -11.87% return, which is significantly lower than ESS's 0.74% return. Over the past 10 years, EWZ has underperformed ESS with an annualized return of 0.21%, while ESS has yielded a comparatively higher 6.92% 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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Risk-Adjusted Performance
EWZ vs. ESS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil ETF (EWZ) and Essex Property Trust, Inc. (ESS). 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
EWZ vs. ESS - Dividend Comparison
EWZ's dividend yield for the trailing twelve months is around 6.42%, more than ESS's 3.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWZ iShares MSCI Brazil ETF | 6.42% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.07% | 3.77% | 3.22% |
ESS Essex Property Trust, Inc. | 3.79% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% | 2.47% | 3.37% |
Drawdowns
EWZ vs. ESS - Drawdown Comparison
The maximum EWZ drawdown since its inception was -77.27%, which is greater than ESS's maximum drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for EWZ and ESS. For additional features, visit the drawdowns tool.
Volatility
EWZ vs. ESS - Volatility Comparison
The current volatility for iShares MSCI Brazil ETF (EWZ) is 6.20%, while Essex Property Trust, Inc. (ESS) has a volatility of 7.43%. This indicates that EWZ experiences smaller price fluctuations and is considered to be less risky than ESS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.