EWZS vs. BRF
Compare and contrast key facts about iShares MSCI Brazil Small-Cap ETF (EWZS) and VanEck Vectors Brazil Small-Cap ETF (BRF).
EWZS and BRF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWZS is a passively managed fund by iShares that tracks the performance of the MSCI Brazil Small Cap Index. It was launched on Sep 28, 2010. BRF is a passively managed fund by VanEck that tracks the performance of the MVIS Brazil Small-Cap Index. It was launched on May 12, 2009. Both EWZS and BRF 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: EWZS or BRF.
Key characteristics
| EWZS | BRF | |
|---|---|---|
| YTD Return | -10.62% | -12.25% |
| 1Y Return | 16.32% | 17.71% |
| 3Y Return (Ann) | -4.40% | -6.42% |
| 5Y Return (Ann) | 0.27% | -3.60% |
| 10Y Return (Ann) | -0.55% | -2.74% |
| Sharpe Ratio | 0.66 | 0.69 |
| Daily Std Dev | 25.92% | 27.76% |
| Max Drawdown | -79.26% | -81.72% |
| Current Drawdown | -36.70% | -56.01% |
Correlation
The correlation between EWZS and BRF is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EWZS vs. BRF - Performance Comparison
In the year-to-date period, EWZS achieves a -10.62% return, which is significantly higher than BRF's -12.25% return. Over the past 10 years, EWZS has outperformed BRF with an annualized return of -0.55%, while BRF has yielded a comparatively lower -2.74% 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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EWZS vs. BRF - Expense Ratio Comparison
EWZS has a 0.59% expense ratio, which is lower than BRF's 0.60% expense ratio.
Risk-Adjusted Performance
EWZS vs. BRF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil Small-Cap ETF (EWZS) and VanEck Vectors Brazil Small-Cap ETF (BRF). 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
EWZS vs. BRF - Dividend Comparison
EWZS's dividend yield for the trailing twelve months is around 3.08%, less than BRF's 5.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWZS iShares MSCI Brazil Small-Cap ETF | 3.08% | 2.75% | 4.61% | 4.50% | 1.15% | 1.76% | 4.75% | 3.38% | 3.58% | 4.31% | 3.02% | 1.86% |
BRF VanEck Vectors Brazil Small-Cap ETF | 5.72% | 5.02% | 4.13% | 2.96% | 1.66% | 2.54% | 2.89% | 4.53% | 4.25% | 3.84% | 4.23% | 1.85% |
Drawdowns
EWZS vs. BRF - Drawdown Comparison
The maximum EWZS drawdown since its inception was -79.26%, roughly equal to the maximum BRF drawdown of -81.72%. Use the drawdown chart below to compare losses from any high point for EWZS and BRF. For additional features, visit the drawdowns tool.
Volatility
EWZS vs. BRF - Volatility Comparison
iShares MSCI Brazil Small-Cap ETF (EWZS) and VanEck Vectors Brazil Small-Cap ETF (BRF) have volatilities of 9.24% and 9.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.