MOOD vs. EPU

Last updated Jun 13, 2026

MOOD (Relative Sentiment Tactical Allocation ETF) and EPU (iShares MSCI Peru ETF) are both exchange-traded funds - MOOD is a Tactical Allocation fund actively managed by Relative Sentiment, while EPU is a Mid Cap Blend Equities fund tracking the MSCI All Peru Capped Index. MOOD is actively managed, while EPU is passively managed. Over the past 3 years, MOOD returned 20.20%/yr vs 46.38%/yr for EPU. A 0.66 correlation means they provide meaningful diversification when combined. MOOD charges 0.68%/yr vs 0.59%/yr for EPU.

Performance

MOOD vs. EPU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Relative Sentiment Tactical Allocation ETF (MOOD) and iShares MSCI Peru ETF (EPU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOOD achieves a 14.12% return, which is significantly lower than EPU's 21.02% return.

MOOD

• 1D: 0.41%
• 1M: 0.95%
• YTD: 14.12%
• 6M: 15.59%
• 1Y: 34.43%
• 3Y*: 20.20%
• 5Y*: —
• 10Y*: —

EPU

• 1D: 2.12%
• 1M: 4.37%
• YTD: 21.02%
• 6M: 26.87%
• 1Y: 85.51%
• 3Y*: 46.38%
• 5Y*: 28.15%
• 10Y*: 15.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MOOD vs. EPU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MOOD Relative Sentiment Tactical Allocation ETF	14.12%	30.39%	12.53%	12.56%	-3.31%
EPU iShares MSCI Peru ETF	21.02%	86.87%	21.73%	25.34%	5.86%

Correlation

The correlation between MOOD and EPU is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.66

The correlation between MOOD and EPU shifts across timeframes, from 0.66 (all time) to 0.76 (1 year), reflecting how their relationship changes across market environments.

MOOD vs. EPU - Sectors Allocation Comparison

Sectors	MOOD	EPU
Technology	27.6%	-
Financial Services	15.7%	28.8%
Industrials	12.6%	2.8%
Consumer Cyclical	9.5%	4.1%
Healthcare	8.4%	1.2%
Communication Services	7.9%	1.6%
Consumer Defensive	5.1%	3.0%
Basic Materials	4.4%	52.7%
Energy	3.7%	-
Utilities	2.7%	2.8%
Real Estate	2.5%	3.2%

Return for Risk

MOOD vs. EPU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MOOD

MOOD Risk / Return Rank: 77
MOOD Sharpe Ratio Rank: 83
MOOD Sortino Ratio Rank: 70
MOOD Omega Ratio Rank: 86
MOOD Calmar Ratio Rank: 77
MOOD Martin Ratio Rank: 67

EPU

EPU Risk / Return Rank: 82
EPU Sharpe Ratio Rank: 91
EPU Sortino Ratio Rank: 81
EPU Omega Ratio Rank: 83
EPU Calmar Ratio Rank: 85
EPU Martin Ratio Rank: 72

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.

MOOD vs. EPU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Relative Sentiment Tactical Allocation ETF (MOOD) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MOOD	EPU	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.73	-0.41
Sortino ratio: Return per unit of downside risk	2.76	3.14	-0.39
Omega ratio: Gain probability vs. loss probability	1.45	1.43	+0.02
Calmar ratio: Return relative to maximum drawdown	3.46	4.07	-0.61
Martin ratio: Return relative to average drawdown	10.68	11.73	-1.05

MOOD vs. EPU - Sharpe Ratio Comparison

The current MOOD Sharpe Ratio is 2.32, which is comparable to the EPU Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of MOOD and EPU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MOOD vs. EPU - Drawdown Comparison

The maximum MOOD drawdown since its inception was -14.34%, smaller than the maximum EPU drawdown of -60.62%. Use the drawdown chart below to compare losses from any high point for MOOD and EPU.

Drawdown Indicators

	MOOD	EPU	Difference
Max Drawdown Largest peak-to-trough decline	-14.34%	-60.62%	+46.28%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-20.85%	+11.14%
Max Drawdown (3Y) Largest decline over 3 years	-9.71%	-20.85%	+11.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.97%	—
Current Drawdown Current decline from peak	-0.86%	-6.69%	+5.83%
Average Drawdown Average peak-to-trough decline	-2.32%	-18.81%	+16.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	7.22%	-4.08%

Volatility

MOOD vs. EPU - Volatility Comparison

The current volatility for Relative Sentiment Tactical Allocation ETF (MOOD) is 4.19%, while iShares MSCI Peru ETF (EPU) has a volatility of 13.52%. This indicates that MOOD 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.

Volatility by Period

	MOOD	EPU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	13.52%	-9.33%
Volatility (6M) Calculated over the trailing 6-month period	12.73%	26.94%	-14.21%
Volatility (1Y) Calculated over the trailing 1-year period	14.49%	31.04%	-16.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.13%	25.11%	-12.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.13%	23.64%	-11.51%

MOOD vs. EPU - Expense Ratio Comparison

MOOD has a 0.68% expense ratio, which is higher than EPU's 0.59% expense ratio.

Dividends

MOOD vs. EPU - Dividend Comparison

MOOD's dividend yield for the trailing twelve months is around 0.35%, less than EPU's 1.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPU iShares MSCI Peru ETF	1.35%	1.63%	5.78%	4.17%	5.56%	3.13%	1.91%	2.67%	1.53%	3.30%	0.85%	1.90%
MOOD Relative Sentiment Tactical Allocation ETF	0.35%	0.40%	1.33%	1.34%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MOOD and EPU in my portfolio?

MOOD and EPU have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOOD or EPU?

EPU has higher volatility (13.52%) compared to MOOD (4.19%). In terms of maximum drawdown, MOOD dropped -14.34% vs EPU's -60.62%.

Which ETF is better, MOOD or EPU?

On 3-year performance, EPU leads with 46.38% vs 20.20% for MOOD. On fees, EPU is cheaper at 0.59% per year. On volatility, MOOD has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOOD or EPU?

Over the 3-year period, EPU has performed better with a 46.38% return vs 20.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOOD or EPU?

EPU is cheaper with a 0.59% expense ratio, compared with 0.68% for MOOD.

Which ETF pays a higher dividend yield, MOOD or EPU?

EPU has the higher dividend yield at 1.35%, compared with 0.35% for MOOD.

What is the main difference between MOOD and EPU?

MOOD is categorized as Tactical Allocation, while EPU is Mid Cap Blend Equities. They also come from different issuers: Relative Sentiment and iShares. Their fees differ too: 0.68% for MOOD and 0.59% for EPU.

Which has better risk-adjusted returns?

EPU currently has the higher Sharpe Ratio (2.73 vs 2.32), 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.