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

Correlation

The correlation between EWZS and EWZ is 0.89, 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.


-0.50.00.51.00.9

Performance

EWZS vs. EWZ - Performance Comparison

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

-45.00%-40.00%-35.00%-30.00%-25.00%JulyAugustSeptemberOctoberNovemberDecember
-41.05%
-42.49%
EWZS
EWZ

Key characteristics

Sharpe Ratio

EWZS:

-1.14

EWZ:

-1.18

Sortino Ratio

EWZS:

-1.59

EWZ:

-1.61

Omega Ratio

EWZS:

0.81

EWZ:

0.81

Calmar Ratio

EWZS:

-0.57

EWZ:

-0.49

Martin Ratio

EWZS:

-1.89

EWZ:

-1.78

Ulcer Index

EWZS:

16.44%

EWZ:

14.69%

Daily Std Dev

EWZS:

27.18%

EWZ:

22.10%

Max Drawdown

EWZS:

-79.23%

EWZ:

-77.25%

Current Drawdown

EWZS:

-51.99%

EWZ:

-52.00%

Returns By Period

In the year-to-date period, EWZS achieves a -32.42% return, which is significantly lower than EWZ's -28.62% return. Over the past 10 years, EWZS has underperformed EWZ with an annualized return of -0.10%, while EWZ has yielded a comparatively higher 0.32% annualized return.


EWZS

YTD

-32.42%

1M

-13.62%

6M

-15.87%

1Y

-32.01%

5Y*

-10.71%

10Y*

-0.10%

EWZ

YTD

-28.62%

1M

-11.05%

6M

-12.02%

1Y

-27.31%

5Y*

-6.41%

10Y*

0.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EWZS vs. EWZ - Expense Ratio Comparison

Both EWZS and EWZ have an expense ratio of 0.59%.


EWZS
iShares MSCI Brazil Small-Cap ETF
Expense ratio chart for EWZS: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for EWZ: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

EWZS vs. EWZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil Small-Cap ETF (EWZS) and iShares MSCI Brazil ETF (EWZ). 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.


Sharpe ratio
The chart of Sharpe ratio for EWZS, currently valued at -1.14, compared to the broader market0.002.004.00-1.14-1.18
The chart of Sortino ratio for EWZS, currently valued at -1.59, compared to the broader market-2.000.002.004.006.008.0010.00-1.59-1.61
The chart of Omega ratio for EWZS, currently valued at 0.81, compared to the broader market0.501.001.502.002.503.000.810.81
The chart of Calmar ratio for EWZS, currently valued at -0.57, compared to the broader market0.005.0010.0015.00-0.57-0.54
The chart of Martin ratio for EWZS, currently valued at -1.89, compared to the broader market0.0020.0040.0060.0080.00100.00-1.89-1.78
EWZS
EWZ

The current EWZS Sharpe Ratio is -1.14, which is comparable to the EWZ Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of EWZS and EWZ, 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-1.00-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-1.14
-1.18
EWZS
EWZ

Dividends

EWZS vs. EWZ - Dividend Comparison

EWZS's dividend yield for the trailing twelve months is around 4.68%, less than EWZ's 8.69% yield.


TTM20232022202120202019201820172016201520142013
EWZS
iShares MSCI Brazil Small-Cap ETF
4.68%2.75%4.62%4.51%1.15%1.77%4.79%3.41%3.62%4.35%3.05%1.88%
EWZ
iShares MSCI Brazil ETF
8.69%5.66%12.59%9.87%1.71%2.54%2.89%1.71%1.81%4.08%3.78%3.23%

Drawdowns

EWZS vs. EWZ - Drawdown Comparison

The maximum EWZS drawdown since its inception was -79.23%, roughly equal to the maximum EWZ drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for EWZS and EWZ. For additional features, visit the drawdowns tool.


-55.00%-50.00%-45.00%-40.00%-35.00%JulyAugustSeptemberOctoberNovemberDecember
-51.99%
-46.96%
EWZS
EWZ

Volatility

EWZS vs. EWZ - Volatility Comparison

iShares MSCI Brazil Small-Cap ETF (EWZS) has a higher volatility of 13.91% compared to iShares MSCI Brazil ETF (EWZ) at 11.13%. This indicates that EWZS's price experiences larger fluctuations and is considered to be riskier than EWZ 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%JulyAugustSeptemberOctoberNovemberDecember
13.91%
11.13%
EWZS
EWZ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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