EZU vs. DILRX

Last updated Jun 3, 2026

EZU (iShares MSCI Eurozone ETF) and DILRX (DFA International Large Cap Growth Portfolio) are both funds - EZU is a Europe Equities fund tracking the MSCI EMU, while DILRX is a Foreign Large Cap Equities fund managed by Dimensional. Over the past 10 years, EZU returned 9.96%/yr vs 8.88%/yr for DILRX. Their correlation of 0.90 suggests significant overlap in exposure. EZU charges 0.51%/yr vs 0.29%/yr for DILRX.

Performance

EZU vs. DILRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Eurozone ETF (EZU) and DFA International Large Cap Growth Portfolio (DILRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZU achieves a 8.17% return, which is significantly higher than DILRX's 7.52% return. Over the past 10 years, EZU has outperformed DILRX with an annualized return of 9.96%, while DILRX has yielded a comparatively lower 8.88% annualized return.

EZU

• 1D: 0.73%
• 1M: 3.97%
• YTD: 8.17%
• 6M: 11.21%
• 1Y: 19.95%
• 3Y*: 18.60%
• 5Y*: 9.36%
• 10Y*: 9.96%

DILRX

• 1D: -0.43%
• 1M: 2.73%
• YTD: 7.52%
• 6M: 9.59%
• 1Y: 14.29%
• 3Y*: 13.74%
• 5Y*: 6.50%
• 10Y*: 8.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EZU vs. DILRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EZU iShares MSCI Eurozone ETF	8.17%	40.00%	2.23%	23.44%	-17.25%	13.92%	7.62%	23.27%	-16.76%	27.89%
DILRX DFA International Large Cap Growth Portfolio	7.52%	25.59%	1.70%	18.51%	-19.75%	15.20%	14.72%	26.40%	-12.92%	26.41%

Correlation

The correlation between EZU and DILRX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.90

The correlation between EZU and DILRX has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.

Return for Risk

EZU vs. DILRX — Risk / Return Rank

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

EZU

EZU Risk / Return Rank: 33
EZU Sharpe Ratio Rank: 33
EZU Sortino Ratio Rank: 32
EZU Omega Ratio Rank: 32
EZU Calmar Ratio Rank: 33
EZU Martin Ratio Rank: 37

DILRX

DILRX Risk / Return Rank: 14
DILRX Sharpe Ratio Rank: 13
DILRX Sortino Ratio Rank: 13
DILRX Omega Ratio Rank: 13
DILRX Calmar Ratio Rank: 14
DILRX Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EZU vs. DILRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Eurozone ETF (EZU) and DFA International Large Cap Growth Portfolio (DILRX). 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.

	EZU	DILRX	Difference
Sharpe ratio Return per unit of total volatility	1.19	1.02	+0.17
Sortino ratio Return per unit of downside risk	1.75	1.52	+0.23
Omega ratio Gain probability vs. loss probability	1.22	1.19	+0.03
Calmar ratio Return relative to maximum drawdown	1.62	1.33	+0.29
Martin ratio Return relative to average drawdown	5.88	4.85	+1.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EZU vs. DILRX - Sharpe Ratio Comparison

The current EZU Sharpe Ratio is 1.19, which is comparable to the DILRX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of EZU and DILRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EZU	DILRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.02	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.40	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.56	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.52	-0.31

Drawdowns

EZU vs. DILRX - Drawdown Comparison

The maximum EZU drawdown since its inception was -65.32%, which is greater than DILRX's maximum drawdown of -32.19%. Use the drawdown chart below to compare losses from any high point for EZU and DILRX.

Drawdown Indicators

	EZU	DILRX	Difference
Max Drawdown Largest peak-to-trough decline	-65.32%	-32.19%	-33.13%
Max Drawdown (1Y) Largest decline over 1 year	-13.06%	-12.32%	-0.74%
Max Drawdown (3Y) Largest decline over 3 years	-15.02%	-12.83%	-2.19%
Max Drawdown (5Y) Largest decline over 5 years	-36.11%	-32.02%	-4.09%
Max Drawdown (10Y) Largest decline over 10 years	-41.37%	-32.19%	-9.18%
Current Drawdown Current decline from peak	0.00%	-1.98%	+1.98%
Average Drawdown Average peak-to-trough decline	-19.24%	-6.45%	-12.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	3.38%	+0.22%

Volatility

EZU vs. DILRX - Volatility Comparison

iShares MSCI Eurozone ETF (EZU) has a higher volatility of 6.82% compared to DFA International Large Cap Growth Portfolio (DILRX) at 5.01%. This indicates that EZU's price experiences larger fluctuations and is considered to be riskier than DILRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EZU	DILRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.82%	5.01%	+1.81%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	12.90%	+1.17%
Volatility (1Y) Calculated over the trailing 1-year period	16.89%	15.54%	+1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.85%	16.42%	+3.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.49%	15.89%	+4.60%

EZU vs. DILRX - Expense Ratio Comparison

EZU has a 0.51% expense ratio, which is higher than DILRX's 0.29% expense ratio.

Dividends

EZU vs. DILRX - Dividend Comparison

EZU's dividend yield for the trailing twelve months is around 2.64%, more than DILRX's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DILRX DFA International Large Cap Growth Portfolio	1.81%	1.98%	2.03%	1.95%	2.56%	2.37%	1.34%	2.09%	2.55%	1.94%	2.40%	2.34%
EZU iShares MSCI Eurozone ETF	2.64%	2.85%	2.90%	2.56%	2.79%	2.46%	2.13%	2.84%	3.47%	1.91%	3.07%	2.18%

Frequently Asked Questions

Can I hold both EZU and DILRX in my portfolio?

EZU and DILRX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EZU or DILRX?

EZU has higher volatility (6.82%) compared to DILRX (5.01%). In terms of maximum drawdown, EZU dropped -65.32% vs DILRX's -32.19%.

Which has better risk-adjusted returns?

EZU currently has the higher Sharpe Ratio (1.19 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.