EWZ vs. VOO
Compare and contrast key facts about iShares MSCI Brazil ETF (EWZ) and Vanguard S&P 500 ETF (VOO).
EWZ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both EWZ and VOO 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: EWZ or VOO.
Performance
EWZ vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, EWZ achieves a -20.46% return, which is significantly lower than VOO's 25.52% return. Over the past 10 years, EWZ has underperformed VOO with an annualized return of -0.04%, while VOO has yielded a comparatively higher 13.15% annualized return.
EWZ
-20.46%
-4.20%
-9.24%
-14.71%
-2.78%
-0.04%
VOO
25.52%
1.19%
12.21%
32.23%
15.58%
13.15%
Key characteristics
| EWZ | VOO | |
|---|---|---|
| Sharpe Ratio | -0.73 | 2.62 |
| Sortino Ratio | -0.95 | 3.50 |
| Omega Ratio | 0.89 | 1.49 |
| Calmar Ratio | -0.32 | 3.78 |
| Martin Ratio | -1.15 | 17.12 |
| Ulcer Index | 12.85% | 1.86% |
| Daily Std Dev | 20.16% | 12.19% |
| Max Drawdown | -77.27% | -33.99% |
| Current Drawdown | -46.55% | -1.36% |
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EWZ vs. VOO - Expense Ratio Comparison
EWZ has a 0.59% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between EWZ and VOO is 0.50, 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.
Risk-Adjusted Performance
EWZ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil ETF (EWZ) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
EWZ's dividend yield for the trailing twelve months is around 7.93%, more than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWZ iShares MSCI Brazil ETF | 7.93% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% | 3.78% | 3.23% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
EWZ vs. VOO - Drawdown Comparison
The maximum EWZ drawdown since its inception was -77.27%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for EWZ and VOO. For additional features, visit the drawdowns tool.
Volatility
EWZ vs. VOO - Volatility Comparison
iShares MSCI Brazil ETF (EWZ) has a higher volatility of 5.65% compared to Vanguard S&P 500 ETF (VOO) at 3.97%. This indicates that EWZ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.