MSFT vs. EWY
MSFT (Microsoft Corporation) is a stock, while EWY (iShares MSCI South Korea ETF) is Asia Pacific Equities fund tracking the MSCI Korea Index. Over the past 10 years, MSFT returned 24.39%/yr vs 16.84%/yr for EWY. At a 0.42 correlation, their price movements are largely independent.
Performance
MSFT vs. EWY - Performance Comparison
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Returns By Period
In the year-to-date period, MSFT achieves a -18.85% return, which is significantly lower than EWY's 103.10% return. Over the past 10 years, MSFT has outperformed EWY with an annualized return of 24.39%, while EWY has yielded a comparatively lower 16.84% annualized return.
MSFT
- 1D
- 0.10%
- 1M
- -3.36%
- YTD
- -18.85%
- 6M
- -17.98%
- 1Y
- -17.75%
- 3Y*
- 6.16%
- 5Y*
- 9.56%
- 10Y*
- 24.39%
EWY
- 1D
- -0.75%
- 1M
- 4.68%
- YTD
- 103.10%
- 6M
- 117.85%
- 1Y
- 198.25%
- 3Y*
- 46.46%
- 5Y*
- 18.80%
- 10Y*
- 16.84%
MSFT vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -18.85% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
EWY iShares MSCI South Korea ETF | 103.10% | 95.33% | -20.48% | 19.05% | -26.59% | -7.58% | 39.43% | 7.97% | -20.37% | 44.97% |
Correlation
The correlation between MSFT and EWY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since May 12, 2000 | 0.42 |
The correlation between MSFT and EWY shifts across timeframes, from 0.24 (1 year) to 0.44 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
MSFT vs. EWY — Risk / Return Rank
MSFT
EWY
MSFT vs. EWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) and iShares MSCI South Korea ETF (EWY). 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.
| MSFT | EWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.99 | ||
| Sortino ratioReturn per unit of downside risk | -4.92 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.59 | -0.70 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 8.65 | -9.17 |
| Martin ratioReturn relative to average drawdown | -1.08 | 30.24 | -31.31 |
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Drawdowns
MSFT vs. EWY - Drawdown Comparison
The maximum MSFT drawdown since its inception was -69.38%, smaller than the maximum EWY drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for MSFT and EWY.
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Drawdown Indicators
| MSFT | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.38% | -74.14% | +4.76% |
Max Drawdown (1Y)Largest decline over 1 year | -33.91% | -23.08% | -10.83% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | -27.36% | -6.55% |
Max Drawdown (5Y)Largest decline over 5 years | -37.15% | -48.55% | +11.40% |
Max Drawdown (10Y)Largest decline over 10 years | -37.15% | -49.73% | +12.58% |
Current DrawdownCurrent decline from peak | -27.46% | -8.88% | -18.58% |
Average DrawdownAverage peak-to-trough decline | -21.78% | -20.11% | -1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.48% | 6.59% | +9.89% |
Volatility
MSFT vs. EWY - Volatility Comparison
The current volatility for Microsoft Corporation (MSFT) is 10.52%, while iShares MSCI South Korea ETF (EWY) has a volatility of 25.64%. This indicates that MSFT experiences smaller price fluctuations and is considered to be less risky than EWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSFT | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 25.64% | -15.12% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 42.65% | -20.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 46.51% | -21.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 30.15% | -3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 28.06% | -1.00% |
Dividends
MSFT vs. EWY - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.91%, less than EWY's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWY iShares MSCI South Korea ETF | 1.03% | 2.10% | 2.55% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% |
MSFT Microsoft Corporation | 0.91% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Frequently Asked Questions
MSFT and EWY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EWY has higher volatility (25.64%) compared to MSFT (10.52%). In terms of maximum drawdown, MSFT dropped -69.38% vs EWY's -74.14%.
EWY currently has the higher Sharpe Ratio (4.29 vs -0.70), 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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