HCI vs. EWY
HCI (HCI Group, Inc.) is a stock, while EWY (iShares MSCI South Korea ETF) is Asia Pacific Equities fund tracking the MSCI Korea Index. Over the past 10 years, HCI returned 19.90%/yr vs 17.46%/yr for EWY. At a 0.17 correlation, their price movements are largely independent.
Performance
HCI vs. EWY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HCI achieves a -21.44% return, which is significantly lower than EWY's 119.05% return. Over the past 10 years, HCI has outperformed EWY with an annualized return of 19.90%, while EWY has yielded a comparatively lower 17.46% annualized return.
HCI
- 1D
- -1.54%
- 1M
- 0.64%
- YTD
- -21.44%
- 6M
- -16.17%
- 1Y
- -8.31%
- 3Y*
- 41.73%
- 5Y*
- 14.96%
- 10Y*
- 19.90%
EWY
- 1D
- -0.73%
- 1M
- 30.18%
- YTD
- 119.05%
- 6M
- 134.13%
- 1Y
- 251.82%
- 3Y*
- 51.99%
- 5Y*
- 20.31%
- 10Y*
- 17.46%
HCI vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HCI HCI Group, Inc. | -21.44% | 66.27% | 35.46% | 126.76% | -51.20% | 62.74% | 18.45% | -6.80% | 75.98% | -21.53% |
EWY iShares MSCI South Korea ETF | 119.05% | 95.33% | -20.48% | 19.05% | -26.59% | -7.58% | 39.43% | 7.97% | -20.37% | 44.97% |
Correlation
The correlation between HCI and EWY is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2008 | 0.17 |
The correlation between HCI and EWY shifts across timeframes, from 0.07 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HCI vs. EWY — Risk / Return Rank
HCI
EWY
HCI vs. EWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCI Group, Inc. (HCI) and iShares MSCI South Korea ETF (EWY). 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.
| HCI | EWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.29 | ||
| Sortino ratioReturn per unit of downside risk | -5.48 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.74 | -0.76 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | 10.99 | -11.29 |
| Martin ratioReturn relative to average drawdown | -0.50 | 40.91 | -41.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HCI | EWY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | 6.02 | -6.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.71 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.64 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.33 | +0.20 |
Drawdowns
HCI vs. EWY - Drawdown Comparison
The maximum HCI drawdown since its inception was -78.79%, which is greater than EWY's maximum drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for HCI and EWY.
Loading charts...
Drawdown Indicators
| HCI | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.79% | -74.14% | -4.65% |
Max Drawdown (1Y)Largest decline over 1 year | -27.46% | -23.08% | -4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -28.30% | -27.36% | -0.94% |
Max Drawdown (5Y)Largest decline over 5 years | -78.79% | -48.55% | -30.24% |
Max Drawdown (10Y)Largest decline over 10 years | -78.79% | -49.73% | -29.06% |
Current DrawdownCurrent decline from peak | -26.87% | -1.73% | -25.14% |
Average DrawdownAverage peak-to-trough decline | -20.55% | -20.13% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.50% | 6.19% | +10.31% |
Volatility
HCI vs. EWY - Volatility Comparison
The current volatility for HCI Group, Inc. (HCI) is 6.96%, while iShares MSCI South Korea ETF (EWY) has a volatility of 20.32%. This indicates that HCI experiences smaller price fluctuations and is considered to be less risky than EWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HCI | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 20.32% | -13.36% |
Volatility (6M)Calculated over the trailing 6-month period | 21.10% | 37.41% | -16.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.96% | 42.10% | -10.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.06% | 28.83% | +14.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.56% | 27.37% | +14.19% |
Dividends
HCI vs. EWY - Dividend Comparison
HCI's dividend yield for the trailing twelve months is around 1.07%, more than EWY's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWY iShares MSCI South Korea ETF | 0.96% | 2.10% | 2.55% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% |
HCI HCI Group, Inc. | 1.07% | 0.83% | 1.37% | 1.83% | 4.04% | 1.92% | 3.06% | 3.50% | 2.90% | 4.68% | 3.04% | 3.44% |
Frequently Asked Questions
HCI and EWY have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EWY has higher volatility (20.32%) compared to HCI (6.96%). In terms of maximum drawdown, HCI dropped -78.79% vs EWY's -74.14%.
EWY currently has the higher Sharpe Ratio (6.02 vs -0.26), 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.
Find the right allocation for HCI and EWY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer