IBZL.L vs. EWO
Compare and contrast key facts about iShares MSCI Brazil UCITS ETF (Dist) (IBZL.L) and iShares MSCI Austria ETF (EWO).
IBZL.L and EWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBZL.L is a passively managed fund by iShares that tracks the performance of the MSCI Brazil NR USD. It was launched on Nov 18, 2005. EWO is a passively managed fund by iShares that tracks the performance of the MSCI Austria Investable Market Index. It was launched on Mar 12, 1996. Both IBZL.L and EWO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBZL.L or EWO.
Key characteristics
| IBZL.L | EWO | |
|---|---|---|
| YTD Return | -15.18% | 1.58% |
| 1Y Return | -9.53% | 11.03% |
| 3Y Return (Ann) | 10.90% | -1.78% |
| 5Y Return (Ann) | 0.59% | 4.24% |
| 10Y Return (Ann) | 4.32% | 6.09% |
| Sharpe Ratio | -0.55 | 0.80 |
| Sortino Ratio | -0.68 | 1.14 |
| Omega Ratio | 0.92 | 1.14 |
| Calmar Ratio | -0.52 | 0.54 |
| Martin Ratio | -0.93 | 3.35 |
| Ulcer Index | 11.30% | 3.43% |
| Daily Std Dev | 19.07% | 14.45% |
| Max Drawdown | -69.44% | -75.69% |
| Current Drawdown | -15.90% | -12.83% |
Correlation
The correlation between IBZL.L and EWO is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBZL.L vs. EWO - Performance Comparison
In the year-to-date period, IBZL.L achieves a -15.18% return, which is significantly lower than EWO's 1.58% return. Over the past 10 years, IBZL.L has underperformed EWO with an annualized return of 4.32%, while EWO has yielded a comparatively higher 6.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBZL.L vs. EWO - Expense Ratio Comparison
IBZL.L has a 0.74% expense ratio, which is higher than EWO's 0.49% expense ratio.
Risk-Adjusted Performance
IBZL.L vs. EWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil UCITS ETF (Dist) (IBZL.L) and iShares MSCI Austria ETF (EWO). 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.
Dividends
IBZL.L vs. EWO - Dividend Comparison
IBZL.L's dividend yield for the trailing twelve months is around 8.71%, more than EWO's 7.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBZL.L iShares MSCI Brazil UCITS ETF (Dist) | 8.71% | 6.83% | 16.49% | 8.64% | 2.44% | 3.28% | 3.31% | 1.86% | 2.24% | 5.42% | 8.32% | 3.87% |
EWO iShares MSCI Austria ETF | 7.68% | 5.65% | 4.75% | 2.42% | 0.98% | 3.11% | 4.04% | 2.03% | 1.99% | 1.51% | 3.93% | 2.02% |
Drawdowns
IBZL.L vs. EWO - Drawdown Comparison
The maximum IBZL.L drawdown since its inception was -69.44%, smaller than the maximum EWO drawdown of -75.69%. Use the drawdown chart below to compare losses from any high point for IBZL.L and EWO. For additional features, visit the drawdowns tool.
Volatility
IBZL.L vs. EWO - Volatility Comparison
iShares MSCI Brazil UCITS ETF (Dist) (IBZL.L) and iShares MSCI Austria ETF (EWO) have volatilities of 5.24% and 5.09%, 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.