IYZ vs. EPU
IYZ (iShares U.S. Telecommunications ETF) and EPU (iShares MSCI Peru ETF) are both exchange-traded funds - IYZ is a Communications Equities fund tracking the Dow Jones U.S. Select Telecommunications Index, while EPU is a Mid Cap Blend Equities fund tracking the MSCI All Peru Capped Index. Both are passively managed. Over the past 10 years, IYZ returned 5.76%/yr vs 13.60%/yr for EPU. At a 0.41 correlation, their price movements are largely independent. IYZ charges 0.42%/yr vs 0.59%/yr for EPU.
Performance
IYZ vs. EPU - Performance Comparison
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Returns By Period
In the year-to-date period, IYZ achieves a 26.58% return, which is significantly higher than EPU's 8.06% return. Over the past 10 years, IYZ has underperformed EPU with an annualized return of 5.76%, while EPU has yielded a comparatively higher 13.60% annualized return.
IYZ
- 1D
- 0.40%
- 1M
- 3.16%
- YTD
- 26.58%
- 6M
- 29.19%
- 1Y
- 51.92%
- 3Y*
- 28.42%
- 5Y*
- 7.24%
- 10Y*
- 5.76%
EPU
- 1D
- -0.48%
- 1M
- -6.18%
- YTD
- 8.06%
- 6M
- 18.00%
- 1Y
- 64.61%
- 3Y*
- 41.57%
- 5Y*
- 25.82%
- 10Y*
- 13.60%
IYZ vs. EPU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IYZ iShares U.S. Telecommunications ETF | 26.58% | 29.28% | 20.53% | 3.90% | -30.29% | 11.69% | 4.13% | 16.14% | -8.59% | -11.86% |
EPU iShares MSCI Peru ETF | 8.06% | 86.87% | 21.73% | 25.34% | 2.05% | -11.81% | -4.31% | 7.30% | -12.17% | 29.70% |
Correlation
The correlation between IYZ and EPU is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009 | 0.41 |
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Return for Risk
IYZ vs. EPU — Risk / Return Rank
IYZ
EPU
IYZ vs. EPU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Telecommunications ETF (IYZ) and iShares MSCI Peru ETF (EPU). 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.
| IYZ | EPU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.36 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 7.11 | 3.11 | +4.00 |
| Martin ratioReturn relative to average drawdown | 26.20 | 9.14 | +17.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IYZ | EPU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.84 | 2.16 | +0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 1.04 | -0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.58 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.43 | -0.36 |
Drawdowns
IYZ vs. EPU - Drawdown Comparison
The maximum IYZ drawdown since its inception was -77.11%, which is greater than EPU's maximum drawdown of -60.62%. Use the drawdown chart below to compare losses from any high point for IYZ and EPU.
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Drawdown Indicators
| IYZ | EPU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.11% | -60.62% | -16.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -20.85% | +13.52% |
Max Drawdown (3Y)Largest decline over 3 years | -13.85% | -20.85% | +7.00% |
Max Drawdown (5Y)Largest decline over 5 years | -39.74% | -35.59% | -4.15% |
Max Drawdown (10Y)Largest decline over 10 years | -39.74% | -50.97% | +11.23% |
Current DrawdownCurrent decline from peak | -6.96% | -16.69% | +9.73% |
Average DrawdownAverage peak-to-trough decline | -40.13% | -18.82% | -21.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 7.09% | -5.10% |
Volatility
IYZ vs. EPU - Volatility Comparison
The current volatility for iShares U.S. Telecommunications ETF (IYZ) is 8.23%, while iShares MSCI Peru ETF (EPU) has a volatility of 10.84%. This indicates that IYZ experiences smaller price fluctuations and is considered to be less risky than EPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IYZ | EPU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 10.84% | -2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 15.34% | 25.83% | -10.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.43% | 30.07% | -11.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.84% | 24.91% | -6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 23.52% | -4.23% |
IYZ vs. EPU - Expense Ratio Comparison
IYZ has a 0.42% expense ratio, which is lower than EPU's 0.59% expense ratio.
Dividends
IYZ vs. EPU - Dividend Comparison
IYZ's dividend yield for the trailing twelve months is around 1.57%, more than EPU's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPU iShares MSCI Peru ETF | 1.51% | 1.63% | 5.78% | 4.17% | 5.56% | 3.13% | 1.91% | 2.67% | 1.53% | 3.30% | 0.85% | 1.90% |
IYZ iShares U.S. Telecommunications ETF | 1.57% | 2.04% | 1.94% | 2.27% | 2.55% | 2.51% | 2.60% | 2.36% | 2.15% | 3.54% | 2.27% | 1.98% |
Frequently Asked Questions
IYZ and EPU have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EPU has higher volatility (10.84%) compared to IYZ (8.23%). In terms of maximum drawdown, IYZ dropped -77.11% vs EPU's -60.62%.
On 10-year performance, EPU leads with 13.60% vs 5.76% for IYZ. On fees, IYZ is cheaper at 0.42% per year. On volatility, IYZ has been the lower-risk option at 8.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, EPU has performed better with a 13.60% return vs 5.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IYZ is cheaper with a 0.42% expense ratio, compared with 0.59% for EPU.
IYZ has the higher dividend yield at 1.57%, compared with 1.51% for EPU.
IYZ is categorized as Communications Equities, while EPU is Mid Cap Blend Equities. IYZ tracks Dow Jones U.S. Select Telecommunications Index, while EPU tracks MSCI All Peru Capped Index. Their fees differ too: 0.42% for IYZ and 0.59% for EPU.
IYZ currently has the higher Sharpe Ratio (2.84 vs 2.16), 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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