EZA vs. D5BK.DE
EZA (iShares MSCI South Africa ETF) and D5BK.DE (Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C) are both exchange-traded funds - EZA is a Emerging Markets Equities fund tracking the MSCI South Africa Index, while D5BK.DE is a REIT fund tracking the FTSE EPRA/NAREIT Developed Europe. Both are passively managed. Over the past 10 years, EZA returned 8.12%/yr vs 0.74%/yr for D5BK.DE. At a 0.42 correlation, their price movements are largely independent. EZA charges 0.59%/yr vs 0.33%/yr for D5BK.DE.
Performance
EZA vs. D5BK.DE - Performance Comparison
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Different Trading Currencies
EZA is traded in USD, while D5BK.DE is traded in EUR. To make them comparable, the D5BK.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EZA achieves a -2.81% return, which is significantly lower than D5BK.DE's -0.31% return. Over the past 10 years, EZA has outperformed D5BK.DE with an annualized return of 8.12%, while D5BK.DE has yielded a comparatively lower 0.74% annualized return.
EZA
- 1D
- 0.89%
- 1M
- -5.51%
- YTD
- -2.81%
- 6M
- 2.77%
- 1Y
- 30.30%
- 3Y*
- 23.45%
- 5Y*
- 9.50%
- 10Y*
- 8.12%
D5BK.DE
- 1D
- 1.74%
- 1M
- 0.91%
- YTD
- -0.31%
- 6M
- 2.84%
- 1Y
- -1.01%
- 3Y*
- 10.15%
- 5Y*
- -5.52%
- 10Y*
- 0.74%
EZA vs. D5BK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EZA iShares MSCI South Africa ETF | -2.81% | 75.20% | 7.16% | 1.51% | -5.18% | 7.91% | -5.19% | 9.83% | -25.24% | 36.03% |
D5BK.DE Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C | -0.31% | 19.62% | -9.52% | 19.58% | -39.97% | 7.60% | -1.51% | 26.92% | -13.21% | 28.55% |
Correlation
The correlation between EZA and D5BK.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2010 | 0.42 |
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Return for Risk
EZA vs. D5BK.DE — Risk / Return Rank
EZA
D5BK.DE
EZA vs. D5BK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI South Africa ETF (EZA) and Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (D5BK.DE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EZA | D5BK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.01 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | -0.06 | +1.36 |
| Martin ratioReturn relative to average drawdown | 3.41 | -0.14 | +3.55 |
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Drawdowns
EZA vs. D5BK.DE - Drawdown Comparison
The maximum EZA drawdown since its inception was -64.64%, which is greater than D5BK.DE's maximum drawdown of -55.86%. Use the drawdown chart below to compare losses from any high point for EZA and D5BK.DE.
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Drawdown Indicators
| EZA | D5BK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.64% | -55.86% | -8.78% |
Max Drawdown (1Y)Largest decline over 1 year | -23.31% | -17.77% | -5.54% |
Max Drawdown (3Y)Largest decline over 3 years | -23.31% | -23.77% | +0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -34.94% | -55.86% | +20.92% |
Max Drawdown (10Y)Largest decline over 10 years | -62.25% | -55.86% | -6.39% |
Current DrawdownCurrent decline from peak | -18.05% | -28.18% | +10.13% |
Average DrawdownAverage peak-to-trough decline | -16.92% | -15.32% | -1.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.93% | 7.36% | +1.57% |
Volatility
EZA vs. D5BK.DE - Volatility Comparison
iShares MSCI South Africa ETF (EZA) has a higher volatility of 11.34% compared to Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (D5BK.DE) at 5.84%. This indicates that EZA's price experiences larger fluctuations and is considered to be riskier than D5BK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EZA | D5BK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.34% | 5.84% | +5.50% |
Volatility (6M)Calculated over the trailing 6-month period | 27.03% | 14.57% | +12.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.92% | 17.80% | +14.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.86% | 24.38% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.43% | 22.22% | +9.21% |
EZA vs. D5BK.DE - Expense Ratio Comparison
EZA has a 0.59% expense ratio, which is higher than D5BK.DE's 0.33% expense ratio.
Dividends
EZA vs. D5BK.DE - Dividend Comparison
EZA's dividend yield for the trailing twelve months is around 6.34%, while D5BK.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D5BK.DE Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EZA iShares MSCI South Africa ETF | 6.34% | 6.16% | 7.26% | 2.84% | 3.90% | 2.05% | 5.51% | 12.27% | 3.81% | 1.55% | 4.10% | 3.03% |
Frequently Asked Questions
EZA and D5BK.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, D5BK.DE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
D5BK.DE is cheaper with a 0.33% expense ratio, compared with 0.59% for EZA.
EZA is categorized as Emerging Markets Equities, while D5BK.DE is REIT. EZA tracks MSCI South Africa Index, while D5BK.DE tracks FTSE EPRA/NAREIT Developed Europe. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.59% for EZA and 0.33% for D5BK.DE.
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