IDAP.L vs. EWL
Compare and contrast key facts about iShares Asia Pacific Dividend UCITS (IDAP.L) and iShares MSCI Switzerland ETF (EWL).
IDAP.L and EWL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDAP.L is a passively managed fund by iShares that tracks the performance of the MSCI AC Asia Pacific NR USD. It was launched on Jun 2, 2006. EWL is a passively managed fund by iShares that tracks the performance of the MSCI Switzerland Index. It was launched on Mar 12, 1996. Both IDAP.L and EWL 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: IDAP.L or EWL.
Performance
IDAP.L vs. EWL - Performance Comparison
Returns By Period
In the year-to-date period, IDAP.L achieves a 8.35% return, which is significantly higher than EWL's -0.25% return. Over the past 10 years, IDAP.L has underperformed EWL with an annualized return of 1.95%, while EWL has yielded a comparatively higher 5.92% annualized return.
IDAP.L
8.35%
-2.91%
0.09%
22.62%
2.32%
1.95%
EWL
-0.25%
-8.43%
-1.67%
8.16%
6.03%
5.92%
Key characteristics
| IDAP.L | EWL | |
|---|---|---|
| Sharpe Ratio | 1.55 | 0.71 |
| Sortino Ratio | 2.24 | 1.05 |
| Omega Ratio | 1.27 | 1.12 |
| Calmar Ratio | 1.84 | 0.66 |
| Martin Ratio | 6.47 | 2.76 |
| Ulcer Index | 3.32% | 3.19% |
| Daily Std Dev | 13.93% | 12.45% |
| Max Drawdown | -69.19% | -51.62% |
| Current Drawdown | -5.51% | -10.75% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IDAP.L vs. EWL - Expense Ratio Comparison
IDAP.L has a 0.59% expense ratio, which is higher than EWL's 0.50% expense ratio.
Correlation
The correlation between IDAP.L and EWL is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
IDAP.L vs. EWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Asia Pacific Dividend UCITS (IDAP.L) and iShares MSCI Switzerland ETF (EWL). 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
IDAP.L vs. EWL - Dividend Comparison
IDAP.L's dividend yield for the trailing twelve months is around 5.38%, more than EWL's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDAP.L iShares Asia Pacific Dividend UCITS | 5.38% | 5.72% | 6.92% | 5.59% | 3.49% | 5.52% | 6.04% | 4.55% | 4.54% | 5.47% | 5.61% | 4.82% |
EWL iShares MSCI Switzerland ETF | 2.16% | 2.12% | 2.04% | 1.73% | 1.45% | 1.85% | 2.56% | 2.05% | 2.75% | 2.58% | 2.49% | 1.83% |
Drawdowns
IDAP.L vs. EWL - Drawdown Comparison
The maximum IDAP.L drawdown since its inception was -69.19%, which is greater than EWL's maximum drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for IDAP.L and EWL. For additional features, visit the drawdowns tool.
Volatility
IDAP.L vs. EWL - Volatility Comparison
iShares Asia Pacific Dividend UCITS (IDAP.L) has a higher volatility of 4.76% compared to iShares MSCI Switzerland ETF (EWL) at 3.93%. This indicates that IDAP.L's price experiences larger fluctuations and is considered to be riskier than EWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.