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EWZ vs. EWW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWZ and EWW is 0.53, 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: 0.5

Performance

EWZ vs. EWW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Brazil ETF (EWZ) and iShares MSCI Mexico ETF (EWW). The values are adjusted to include any dividend payments, if applicable.

200.00%250.00%300.00%350.00%400.00%NovemberDecember2025FebruaryMarchApril
256.20%
433.11%
EWZ
EWW

Key characteristics

Sharpe Ratio

EWZ:

-0.26

EWW:

-0.33

Sortino Ratio

EWZ:

-0.20

EWW:

-0.27

Omega Ratio

EWZ:

0.98

EWW:

0.97

Calmar Ratio

EWZ:

-0.12

EWW:

-0.30

Martin Ratio

EWZ:

-0.48

EWW:

-0.45

Ulcer Index

EWZ:

13.59%

EWW:

20.81%

Daily Std Dev

EWZ:

24.89%

EWW:

28.46%

Max Drawdown

EWZ:

-77.25%

EWW:

-64.94%

Current Drawdown

EWZ:

-43.99%

EWW:

-14.59%

Returns By Period

In the year-to-date period, EWZ achieves a 19.68% return, which is significantly lower than EWW's 23.75% return. Over the past 10 years, EWZ has underperformed EWW with an annualized return of 1.78%, while EWW has yielded a comparatively higher 2.08% annualized return.


EWZ

YTD

19.68%

1M

2.43%

6M

0.20%

1Y

-5.50%

5Y*

11.82%

10Y*

1.78%

EWW

YTD

23.75%

1M

11.40%

6M

13.69%

1Y

-8.40%

5Y*

19.98%

10Y*

2.08%

*Annualized

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EWZ vs. EWW - Expense Ratio Comparison

EWZ has a 0.59% expense ratio, which is higher than EWW's 0.49% expense ratio.


Expense ratio chart for EWZ: 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%
EWZ: 0.59%
Expense ratio chart for EWW: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EWW: 0.49%

Risk-Adjusted Performance

EWZ vs. EWW — Risk-Adjusted Performance Rank

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

EWZ
The Risk-Adjusted Performance Rank of EWZ is 1010
Overall Rank
The Sharpe Ratio Rank of EWZ is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of EWZ is 99
Sortino Ratio Rank
The Omega Ratio Rank of EWZ is 99
Omega Ratio Rank
The Calmar Ratio Rank of EWZ is 1212
Calmar Ratio Rank
The Martin Ratio Rank of EWZ is 1111
Martin Ratio Rank

EWW
The Risk-Adjusted Performance Rank of EWW is 88
Overall Rank
The Sharpe Ratio Rank of EWW is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of EWW is 88
Sortino Ratio Rank
The Omega Ratio Rank of EWW is 88
Omega Ratio Rank
The Calmar Ratio Rank of EWW is 66
Calmar Ratio Rank
The Martin Ratio Rank of EWW is 1212
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.

EWZ vs. EWW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil ETF (EWZ) and iShares MSCI Mexico ETF (EWW). 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 EWZ, currently valued at -0.26, compared to the broader market-1.000.001.002.003.004.00
EWZ: -0.26
EWW: -0.33
The chart of Sortino ratio for EWZ, currently valued at -0.20, compared to the broader market-2.000.002.004.006.008.00
EWZ: -0.20
EWW: -0.27
The chart of Omega ratio for EWZ, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
EWZ: 0.98
EWW: 0.97
The chart of Calmar ratio for EWZ, currently valued at -0.12, compared to the broader market0.002.004.006.008.0010.0012.00
EWZ: -0.12
EWW: -0.30
The chart of Martin ratio for EWZ, currently valued at -0.48, compared to the broader market0.0020.0040.0060.00
EWZ: -0.48
EWW: -0.45

The current EWZ Sharpe Ratio is -0.26, which is comparable to the EWW Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of EWZ and EWW, 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-1.50-1.00-0.500.00NovemberDecember2025FebruaryMarchApril
-0.26
-0.33
EWZ
EWW

Dividends

EWZ vs. EWW - Dividend Comparison

EWZ's dividend yield for the trailing twelve months is around 7.45%, more than EWW's 3.55% yield.


TTM20242023202220212020201920182017201620152014
EWZ
iShares MSCI Brazil ETF
7.45%8.91%5.66%12.59%9.87%1.71%2.54%2.89%1.71%1.81%4.08%3.78%
EWW
iShares MSCI Mexico ETF
3.55%4.39%2.19%3.64%2.06%1.43%2.92%2.30%2.22%1.77%2.34%1.23%

Drawdowns

EWZ vs. EWW - Drawdown Comparison

The maximum EWZ drawdown since its inception was -77.25%, which is greater than EWW's maximum drawdown of -64.94%. Use the drawdown chart below to compare losses from any high point for EWZ and EWW. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2025FebruaryMarchApril
-43.99%
-14.59%
EWZ
EWW

Volatility

EWZ vs. EWW - Volatility Comparison

The current volatility for iShares MSCI Brazil ETF (EWZ) is 11.22%, while iShares MSCI Mexico ETF (EWW) has a volatility of 14.37%. This indicates that EWZ experiences smaller price fluctuations and is considered to be less risky than EWW 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%NovemberDecember2025FebruaryMarchApril
11.22%
14.37%
EWZ
EWW