KSA vs. EWQ
Compare and contrast key facts about iShares MSCI Saudi Arabia ETF (KSA) and iShares MSCI France ETF (EWQ).
KSA and EWQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KSA is a passively managed fund by iShares that tracks the performance of the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index. It was launched on Sep 16, 2015. EWQ is a passively managed fund by iShares that tracks the performance of the MSCI France Index. It was launched on Mar 12, 1996. Both KSA and EWQ 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: KSA or EWQ.
Key characteristics
| KSA | EWQ | |
|---|---|---|
| YTD Return | 1.63% | 2.19% |
| 1Y Return | 7.62% | 4.08% |
| 3Y Return (Ann) | 6.54% | 6.13% |
| 5Y Return (Ann) | 6.11% | 8.53% |
| Sharpe Ratio | 0.50 | 0.28 |
| Daily Std Dev | 14.13% | 14.54% |
| Max Drawdown | -40.56% | -61.41% |
| Current Drawdown | -11.97% | -4.30% |
Correlation
The correlation between KSA and EWQ is 0.38, 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.
Performance
KSA vs. EWQ - Performance Comparison
In the year-to-date period, KSA achieves a 1.63% return, which is significantly lower than EWQ's 2.19% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KSA vs. EWQ - Expense Ratio Comparison
KSA has a 0.74% expense ratio, which is higher than EWQ's 0.50% expense ratio.
Risk-Adjusted Performance
KSA vs. EWQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Saudi Arabia ETF (KSA) and iShares MSCI France ETF (EWQ). 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
KSA vs. EWQ - Dividend Comparison
KSA's dividend yield for the trailing twelve months is around 2.40%, less than EWQ's 2.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KSA iShares MSCI Saudi Arabia ETF | 2.40% | 2.44% | 1.93% | 1.58% | 1.76% | 2.15% | 2.51% | 2.30% | 3.05% | 0.04% | 0.00% | 0.00% |
EWQ iShares MSCI France ETF | 2.67% | 2.73% | 3.23% | 3.79% | 1.02% | 2.44% | 2.90% | 1.90% | 2.84% | 2.25% | 3.37% | 2.43% |
Drawdowns
KSA vs. EWQ - Drawdown Comparison
The maximum KSA drawdown since its inception was -40.56%, smaller than the maximum EWQ drawdown of -61.41%. Use the drawdown chart below to compare losses from any high point for KSA and EWQ. For additional features, visit the drawdowns tool.
Volatility
KSA vs. EWQ - Volatility Comparison
iShares MSCI Saudi Arabia ETF (KSA) has a higher volatility of 4.19% compared to iShares MSCI France ETF (EWQ) at 3.89%. This indicates that KSA's price experiences larger fluctuations and is considered to be riskier than EWQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.