PAGS vs. EWY
PAGS (PagSeguro Digital Ltd.) is a stock, while EWY (iShares MSCI South Korea ETF) is Asia Pacific Equities fund tracking the MSCI Korea Index. Over the past 5 years, PAGS returned -30.02%/yr vs 18.43%/yr for EWY. At a 0.41 correlation, their price movements are largely independent.
Performance
PAGS vs. EWY - Performance Comparison
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Returns By Period
In the year-to-date period, PAGS achieves a -5.89% return, which is significantly lower than EWY's 102.90% return.
PAGS
- 1D
- 0.11%
- 1M
- -4.05%
- YTD
- -5.89%
- 6M
- -6.95%
- 1Y
- -6.42%
- 3Y*
- -2.06%
- 5Y*
- -30.02%
- 10Y*
- —
EWY
- 1D
- 2.63%
- 1M
- 8.37%
- YTD
- 102.90%
- 6M
- 108.52%
- 1Y
- 177.62%
- 3Y*
- 49.59%
- 5Y*
- 18.43%
- 10Y*
- 16.90%
PAGS vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PAGS PagSeguro Digital Ltd. | -5.89% | 60.75% | -49.80% | 42.68% | -66.67% | -53.90% | 66.51% | 82.38% | -33.58% |
EWY iShares MSCI South Korea ETF | 102.90% | 95.33% | -20.48% | 19.05% | -26.59% | -7.58% | 39.43% | 7.97% | -22.63% |
Correlation
The correlation between PAGS and EWY is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2018 | 0.41 |
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Return for Risk
PAGS vs. EWY — Risk / Return Rank
PAGS
EWY
PAGS vs. EWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PagSeguro Digital Ltd. (PAGS) 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.
| PAGS | EWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.80 | ||
| Sortino ratioReturn per unit of downside risk | -3.46 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.53 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.24 | 7.74 | -7.98 |
| Martin ratioReturn relative to average drawdown | -0.49 | 26.72 | -27.21 |
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Drawdowns
PAGS vs. EWY - Drawdown Comparison
The maximum PAGS drawdown since its inception was -90.00%, which is greater than EWY's maximum drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for PAGS and EWY.
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Drawdown Indicators
| PAGS | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.00% | -74.14% | -15.86% |
Max Drawdown (1Y)Largest decline over 1 year | -27.21% | -23.08% | -4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -57.60% | -27.36% | -30.24% |
Max Drawdown (5Y)Largest decline over 5 years | -89.84% | -48.55% | -41.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.73% | — |
Current DrawdownCurrent decline from peak | -84.71% | -10.01% | -74.70% |
Average DrawdownAverage peak-to-trough decline | -55.57% | -20.10% | -35.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.65% | 6.68% | +6.97% |
Volatility
PAGS vs. EWY - Volatility Comparison
The current volatility for PagSeguro Digital Ltd. (PAGS) is 9.01%, while iShares MSCI South Korea ETF (EWY) has a volatility of 29.45%. This indicates that PAGS 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
| PAGS | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.01% | 29.45% | -20.44% |
Volatility (6M)Calculated over the trailing 6-month period | 33.26% | 45.56% | -12.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.84% | 49.04% | -2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.40% | 31.02% | +30.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.98% | 28.44% | +32.54% |
Dividends
PAGS vs. EWY - Dividend Comparison
PAGS's dividend yield for the trailing twelve months is around 7.07%, more 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% |
PAGS PagSeguro Digital Ltd. | 7.07% | 3.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PAGS and EWY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EWY has higher volatility (29.45%) compared to PAGS (9.01%). In terms of maximum drawdown, PAGS dropped -90.00% vs EWY's -74.14%.
EWY currently has the higher Sharpe Ratio (3.66 vs -0.14), 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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