FEZ vs. TIMB
FEZ (State Street SPDR EURO STOXX 50 ETF) is Europe Equities fund tracking the EURO STOXX 50 Index, while TIMB (TIM S.A.) is a stock. Over the past 5 years, FEZ returned 10.21%/yr vs 19.21%/yr for TIMB. At a 0.34 correlation, their price movements are largely independent.
Performance
FEZ vs. TIMB - Performance Comparison
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Returns By Period
In the year-to-date period, FEZ achieves a 7.29% return, which is significantly lower than TIMB's 15.30% return.
FEZ
- 1D
- 0.09%
- 1M
- 6.20%
- YTD
- 7.29%
- 6M
- 8.07%
- 1Y
- 19.95%
- 3Y*
- 17.98%
- 5Y*
- 10.21%
- 10Y*
- 11.34%
TIMB
- 1D
- 0.54%
- 1M
- 1.69%
- YTD
- 15.30%
- 6M
- 11.44%
- 1Y
- 31.26%
- 3Y*
- 22.01%
- 5Y*
- 19.21%
- 10Y*
- —
FEZ vs. TIMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FEZ State Street SPDR EURO STOXX 50 ETF | 7.29% | 37.81% | 3.57% | 27.16% | -14.27% | 14.84% | 14.86% |
TIMB TIM S.A. | 15.30% | 86.96% | -33.24% | 68.57% | 4.05% | -13.46% | 23.03% |
Correlation
The correlation between FEZ and TIMB is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2020 | 0.34 |
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Return for Risk
FEZ vs. TIMB — Risk / Return Rank
FEZ
TIMB
FEZ vs. TIMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR EURO STOXX 50 ETF (FEZ) and TIM S.A. (TIMB). 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.
| FEZ | TIMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.17 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.22 | +0.07 |
| Martin ratioReturn relative to average drawdown | 4.40 | 3.35 | +1.05 |
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Drawdowns
FEZ vs. TIMB - Drawdown Comparison
The maximum FEZ drawdown since its inception was -64.21%, which is greater than TIMB's maximum drawdown of -37.08%. Use the drawdown chart below to compare losses from any high point for FEZ and TIMB.
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Drawdown Indicators
| FEZ | TIMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.21% | -37.08% | -27.13% |
Max Drawdown (1Y)Largest decline over 1 year | -13.63% | -23.82% | +10.19% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -37.08% | +21.23% |
Max Drawdown (5Y)Largest decline over 5 years | -35.05% | -37.08% | +2.03% |
Max Drawdown (10Y)Largest decline over 10 years | -39.69% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -20.28% | +19.91% |
Average DrawdownAverage peak-to-trough decline | -17.05% | -12.14% | -4.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 8.68% | -4.67% |
Volatility
FEZ vs. TIMB - Volatility Comparison
State Street SPDR EURO STOXX 50 ETF (FEZ) and TIM S.A. (TIMB) have volatilities of 6.57% and 6.33%, 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.
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Volatility by Period
| FEZ | TIMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 6.33% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 15.48% | 25.37% | -9.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.45% | 31.42% | -12.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.70% | 31.55% | -10.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.11% | 32.10% | -10.99% |
Dividends
FEZ vs. TIMB - Dividend Comparison
FEZ's dividend yield for the trailing twelve months is around 2.52%, less than TIMB's 8.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEZ State Street SPDR EURO STOXX 50 ETF | 2.52% | 2.78% | 2.94% | 2.75% | 3.06% | 2.61% | 2.13% | 2.61% | 3.45% | 2.44% | 3.35% | 3.03% |
TIMB TIM S.A. | 8.17% | 11.67% | 6.03% | 4.98% | 4.05% | 3.43% | 3.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FEZ and TIMB have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FEZ has higher volatility (6.57%) compared to TIMB (6.33%). In terms of maximum drawdown, FEZ dropped -64.21% vs TIMB's -37.08%.
FEZ currently has the higher Sharpe Ratio (0.96 vs 0.93), 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.
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