PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ICHR vs. EWP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ICHR vs. EWP

Last updated Jun 4, 2026

ICHR (Ichor Holdings, Ltd.) is a stock, while EWP (iShares MSCI Spain ETF) is Europe Equities fund tracking the MSCI Spain Index. Over the past 5 years, ICHR returned 5.26%/yr vs 17.03%/yr for EWP. At a 0.38 correlation, their price movements are largely independent.

Performance

ICHR vs. EWP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ichor Holdings, Ltd. (ICHR) and iShares MSCI Spain ETF (EWP). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ICHR achieves a 293.11% return, which is significantly higher than EWP's 5.49% return.

ICHR

1D
-3.34%
1M
3.92%
YTD
293.11%
6M
312.82%
1Y
316.38%
3Y*
31.96%
5Y*
5.26%
10Y*
—

EWP

1D
-1.06%
1M
3.64%
YTD
5.49%
6M
10.02%
1Y
34.73%
3Y*
30.89%
5Y*
17.03%
10Y*
10.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ICHR vs. EWP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ICHR
Ichor Holdings, Ltd.		293.11%-42.80%-4.19%25.39%-41.73%52.70%-9.39%104.11%-33.74%127.36%
EWP
iShares MSCI Spain ETF		5.49%78.03%5.70%30.26%-5.18%0.25%-3.94%11.93%-15.32%26.98%

Correlation

The correlation between ICHR and EWP is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.29

Correlation (5Y)
Calculated over the trailing 5-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Dec 12, 2016

0.38

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Ichor Holdings, Ltd.

iShares MSCI Spain ETF

Often compared with ICHR:
ICHR vs. EMRICHR vs. CRDOICHR vs. INDIICHR vs. NVDAICHR vs. GPCICHR vs. TERICHR vs. QQQ
Often compared with EWP:
EWP vs. EWGEWP vs. EWIEWP vs. EPOLEWP vs. EIRLEWP vs. VOOEWP vs. FEZEWP vs. EWQ

Return for Risk

ICHR vs. EWP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ICHR
ICHR Risk / Return Rank: 9393
Overall Rank
ICHR Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
ICHR Sortino Ratio Rank: 8888
Sortino Ratio Rank
ICHR Omega Ratio Rank: 9191
Omega Ratio Rank
ICHR Calmar Ratio Rank: 9696
Calmar Ratio Rank
ICHR Martin Ratio Rank: 9494
Martin Ratio Rank
EWP
EWP Risk / Return Rank: 5555
Overall Rank
EWP Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
EWP Sortino Ratio Rank: 5151
Sortino Ratio Rank
EWP Omega Ratio Rank: 5151
Omega Ratio Rank
EWP Calmar Ratio Rank: 6161
Calmar Ratio Rank
EWP Martin Ratio Rank: 6060
Martin Ratio Rank
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.

ICHR vs. EWP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ichor Holdings, Ltd. (ICHR) and iShares MSCI Spain ETF (EWP). 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.

ICHREWPDifference
Sharpe ratioReturn per unit of total volatility
3.46
1.87

+1.59

Sortino ratioReturn per unit of downside risk
3.05
2.51

+0.54

Omega ratioGain probability vs. loss probability

1.46

1.33

+0.14

Calmar ratioReturn relative to maximum drawdown

7.81

3.07

+4.75

Martin ratioReturn relative to average drawdown

17.66

10.91

+6.74

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ICHR vs. EWP - Sharpe Ratio Comparison

The current ICHR Sharpe Ratio is 3.46, which is higher than the EWP Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of ICHR and EWP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

ICHREWPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.46

1.87

+1.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

0.85

-0.77

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.50

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.31

+0.05

Drawdowns

ICHR vs. EWP - Drawdown Comparison

The maximum ICHR drawdown since its inception was -77.39%, which is greater than EWP's maximum drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for ICHR and EWP.

Loading charts...

Drawdown Indicators

ICHREWPDifference

Max Drawdown

Largest peak-to-trough decline

-77.39%

-61.19%

-16.20%

Max Drawdown (1Y)

Largest decline over 1 year

-40.80%

-11.38%

-29.42%

Max Drawdown (3Y)

Largest decline over 3 years

-69.09%

-12.19%

-56.90%

Max Drawdown (5Y)

Largest decline over 5 years

-74.93%

-33.91%

-41.02%

Max Drawdown (10Y)

Largest decline over 10 years

—

-46.36%

—

Current Drawdown

Current decline from peak

-5.85%

-2.60%

-3.25%

Average Drawdown

Average peak-to-trough decline

-36.38%

-21.43%

-14.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.02%

3.19%

+14.83%

Volatility

ICHR vs. EWP - Volatility Comparison

Ichor Holdings, Ltd. (ICHR) has a higher volatility of 19.72% compared to iShares MSCI Spain ETF (EWP) at 6.12%. This indicates that ICHR's price experiences larger fluctuations and is considered to be riskier than EWP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ICHREWPDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.72%

6.12%

+13.60%

Volatility (6M)

Calculated over the trailing 6-month period

60.25%

15.64%

+44.61%

Volatility (1Y)

Calculated over the trailing 1-year period

92.42%

18.76%

+73.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

66.68%

20.24%

+46.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

65.88%

22.23%

+43.65%

Dividends

ICHR vs. EWP - Dividend Comparison

ICHR has not paid dividends to shareholders, while EWP's dividend yield for the trailing twelve months is around 2.15%.

PositionTTM20252024202320222021202020192018201720162015
EWP
iShares MSCI Spain ETF		2.15%2.27%4.35%2.70%3.07%3.29%2.56%3.72%3.69%2.72%4.65%3.85%
ICHR
Ichor Holdings, Ltd.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

ICHR and EWP have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ICHR has higher volatility (19.72%) compared to EWP (6.12%). In terms of maximum drawdown, ICHR dropped -77.39% vs EWP's -61.19%.

ICHR currently has the higher Sharpe Ratio (3.46 vs 1.87), 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.

Portfolio Optimizer

Find the right allocation for ICHR and EWP

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