OTGL vs. EWW

Last updated Apr 3, 2026

Compare and contrast key facts about OTG Latin America ETF (OTGL) and iShares MSCI Mexico ETF (EWW).

OTGL and EWW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OTGL is a passively managed fund by OTG that tracks the performance of the Actively Managed. It was launched on May 7, 2019. EWW is a passively managed fund by iShares that tracks the performance of the MSCI Mexico IMI 25/50 Index. It was launched on Mar 12, 1996. Both OTGL and EWW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

OTGL vs. EWW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OTG Latin America ETF (OTGL) and iShares MSCI Mexico ETF (EWW). The values are adjusted to include any dividend payments, if applicable.

OTGL vs. EWW - Yearly Performance Comparison

	2026 (YTD)	2025
OTGL OTG Latin America ETF	9.00%	13.64%
EWW iShares MSCI Mexico ETF	9.78%	18.54%

Returns By Period

In the year-to-date period, OTGL achieves a 9.00% return, which is significantly lower than EWW's 9.78% return.

OTGL

• 1D: -0.16%
• 1M: 1.57%
• YTD: 9.00%
• 6M: 18.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EWW

• 1D: -0.34%
• 1M: 0.98%
• YTD: 9.78%
• 6M: 15.95%
• 1Y: 51.40%
• 3Y*: 12.33%
• 5Y*: 14.82%
• 10Y*: 6.42%

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

OTGL vs. EWW - Expense Ratio Comparison

OTGL has a 0.95% expense ratio, which is higher than EWW's 0.49% expense ratio.

OTGL

OTG Latin America ETF

EWW

iShares MSCI Mexico ETF

Return for Risk

OTGL vs. EWW — Risk / Return Rank

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

EWW

EWW Risk / Return Rank: 91
EWW Sharpe Ratio Rank: 90
EWW Sortino Ratio Rank: 91
EWW Omega Ratio Rank: 88
EWW Calmar Ratio Rank: 92
EWW Martin Ratio Rank: 92

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.

OTGL vs. EWW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OTG Latin America ETF (OTGL) and iShares MSCI Mexico ETF (EWW). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OTGL	EWW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.25	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.82	0.30	+1.52

Correlation

The correlation between OTGL and EWW is 0.71, 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.

Dividends

OTGL vs. EWW - Dividend Comparison

OTGL's dividend yield for the trailing twelve months is around 1.77%, less than EWW's 3.17% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OTGL OTG Latin America ETF	1.77%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EWW iShares MSCI Mexico ETF	3.17%	3.48%	4.39%	2.19%	3.64%	2.06%	1.43%	2.92%	2.30%	2.22%	1.77%	2.34%

Drawdowns

OTGL vs. EWW - Drawdown Comparison

The maximum OTGL drawdown since its inception was -13.52%, smaller than the maximum EWW drawdown of -64.94%. Use the drawdown chart below to compare losses from any high point for OTGL and EWW.

Drawdown Indicators

	OTGL	EWW	Difference
Max Drawdown Largest peak-to-trough decline	-13.52%	-64.94%	+51.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.17%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-53.62%	—
Current Drawdown Current decline from peak	-6.06%	-6.30%	+0.24%
Average Drawdown Average peak-to-trough decline	-2.36%	-18.60%	+16.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.70%	—

Volatility

Volatility by Period

	OTGL	EWW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.03%	24.68%	-5.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.03%	22.42%	-3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.03%	25.38%	-6.35%