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OEUR vs. EIRL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


OEUREIRL
YTD Return7.46%4.54%
1Y Return20.75%16.29%
3Y Return (Ann)3.77%4.02%
5Y Return (Ann)6.94%8.90%
Sharpe Ratio1.701.14
Sortino Ratio2.441.70
Omega Ratio1.291.21
Calmar Ratio2.171.64
Martin Ratio8.175.67
Ulcer Index2.60%3.35%
Daily Std Dev12.50%16.49%
Max Drawdown-33.01%-46.48%
Current Drawdown-6.77%-10.25%

Correlation

-0.50.00.51.00.7

The correlation between OEUR and EIRL is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

OEUR vs. EIRL - Performance Comparison

In the year-to-date period, OEUR achieves a 7.46% return, which is significantly higher than EIRL's 4.54% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.45%
-7.75%
OEUR
EIRL

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OEUR vs. EIRL - Expense Ratio Comparison

OEUR has a 0.48% expense ratio, which is lower than EIRL's 0.49% expense ratio.


EIRL
iShares MSCI Ireland ETF
Expense ratio chart for EIRL: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for OEUR: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%

Risk-Adjusted Performance

OEUR vs. EIRL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for OShares Europe Quality Dividend ETF (OEUR) and iShares MSCI Ireland ETF (EIRL). 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.


OEUR
Sharpe ratio
The chart of Sharpe ratio for OEUR, currently valued at 1.70, compared to the broader market0.002.004.006.001.70
Sortino ratio
The chart of Sortino ratio for OEUR, currently valued at 2.44, compared to the broader market0.005.0010.002.44
Omega ratio
The chart of Omega ratio for OEUR, currently valued at 1.29, compared to the broader market1.001.502.002.503.001.29
Calmar ratio
The chart of Calmar ratio for OEUR, currently valued at 2.17, compared to the broader market0.005.0010.0015.0020.002.17
Martin ratio
The chart of Martin ratio for OEUR, currently valued at 8.17, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.17
EIRL
Sharpe ratio
The chart of Sharpe ratio for EIRL, currently valued at 1.14, compared to the broader market0.002.004.006.001.14
Sortino ratio
The chart of Sortino ratio for EIRL, currently valued at 1.70, compared to the broader market0.005.0010.001.70
Omega ratio
The chart of Omega ratio for EIRL, currently valued at 1.21, compared to the broader market1.001.502.002.503.001.21
Calmar ratio
The chart of Calmar ratio for EIRL, currently valued at 1.64, compared to the broader market0.005.0010.0015.0020.001.64
Martin ratio
The chart of Martin ratio for EIRL, currently valued at 5.67, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.67

OEUR vs. EIRL - Sharpe Ratio Comparison

The current OEUR Sharpe Ratio is 1.70, which is higher than the EIRL Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of OEUR and EIRL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.70
1.14
OEUR
EIRL

Dividends

OEUR vs. EIRL - Dividend Comparison

OEUR's dividend yield for the trailing twelve months is around 3.65%, more than EIRL's 1.55% yield.


TTM20232022202120202019201820172016201520142013
OEUR
OShares Europe Quality Dividend ETF
3.65%4.27%2.13%2.01%3.66%3.66%3.49%3.01%2.87%0.64%0.00%0.00%
EIRL
iShares MSCI Ireland ETF
1.55%1.00%1.13%0.82%0.50%2.11%1.52%1.44%1.34%1.70%2.26%1.65%

Drawdowns

OEUR vs. EIRL - Drawdown Comparison

The maximum OEUR drawdown since its inception was -33.01%, smaller than the maximum EIRL drawdown of -46.48%. Use the drawdown chart below to compare losses from any high point for OEUR and EIRL. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.77%
-10.25%
OEUR
EIRL

Volatility

OEUR vs. EIRL - Volatility Comparison

The current volatility for OShares Europe Quality Dividend ETF (OEUR) is 3.17%, while iShares MSCI Ireland ETF (EIRL) has a volatility of 4.91%. This indicates that OEUR experiences smaller price fluctuations and is considered to be less risky than EIRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.50%3.00%3.50%4.00%4.50%5.00%5.50%6.00%JuneJulyAugustSeptemberOctoberNovember
3.17%
4.91%
OEUR
EIRL