LAC vs. EWZ
LAC (Lithium Americas Corp.) is a stock, while EWZ (iShares MSCI Brazil ETF) is Latin America Equities fund tracking the MSCI Brazil 25/50 Index. Over the past year, LAC returned 68.89% vs 28.14% for EWZ. At a 0.25 correlation, their price movements are largely independent.
Performance
LAC vs. EWZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LAC achieves a 4.59% return, which is significantly lower than EWZ's 6.04% return.
LAC
- 1D
- 0.66%
- 1M
- -18.13%
- YTD
- 4.59%
- 6M
- -14.12%
- 1Y
- 68.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWZ
- 1D
- -0.94%
- 1M
- -13.88%
- YTD
- 6.04%
- 6M
- 6.47%
- 1Y
- 28.14%
- 3Y*
- 7.95%
- 5Y*
- 3.87%
- 10Y*
- 7.53%
LAC vs. EWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LAC Lithium Americas Corp. | 4.59% | 46.80% | -53.59% | -27.19% |
EWZ iShares MSCI Brazil ETF | 6.04% | 48.81% | -30.41% | 18.03% |
Correlation
The correlation between LAC and EWZ is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2023 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LAC vs. EWZ — Risk / Return Rank
LAC
EWZ
LAC vs. EWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and iShares MSCI Brazil ETF (EWZ). 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.
| LAC | EWZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.47 | -0.37 |
| Martin ratioReturn relative to average drawdown | 1.69 | 4.96 | -3.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LAC | EWZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 1.13 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.14 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.26 | 0.16 | -0.42 |
Drawdowns
LAC vs. EWZ - Drawdown Comparison
The maximum LAC drawdown since its inception was -81.83%, which is greater than EWZ's maximum drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for LAC and EWZ.
Loading charts...
Drawdown Indicators
| LAC | EWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.83% | -77.25% | -4.58% |
Max Drawdown (1Y)Largest decline over 1 year | -63.08% | -19.27% | -43.81% |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.99% | — |
Current DrawdownCurrent decline from peak | -61.09% | -26.15% | -34.94% |
Average DrawdownAverage peak-to-trough decline | -63.22% | -35.95% | -27.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.87% | 5.68% | +35.19% |
Volatility
LAC vs. EWZ - Volatility Comparison
Lithium Americas Corp. (LAC) has a higher volatility of 21.31% compared to iShares MSCI Brazil ETF (EWZ) at 7.32%. This indicates that LAC's price experiences larger fluctuations and is considered to be riskier than EWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LAC | EWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.31% | 7.32% | +13.99% |
Volatility (6M)Calculated over the trailing 6-month period | 52.78% | 20.79% | +31.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 132.10% | 25.12% | +106.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.33% | 27.68% | +73.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.33% | 34.07% | +67.26% |
Dividends
LAC vs. EWZ - Dividend Comparison
LAC has not paid dividends to shareholders, while EWZ's dividend yield for the trailing twelve months is around 4.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWZ iShares MSCI Brazil ETF | 4.89% | 5.19% | 8.91% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% |
LAC Lithium Americas Corp. | 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
LAC and EWZ have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAC has higher volatility (21.31%) compared to EWZ (7.32%). In terms of maximum drawdown, LAC dropped -81.83% vs EWZ's -77.25%.
EWZ currently has the higher Sharpe Ratio (1.13 vs 0.53), 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.
Find the right allocation for LAC and EWZ
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