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

Key characteristics


QATEIRL
YTD Return6.27%4.54%
1Y Return13.80%16.29%
3Y Return (Ann)-0.29%4.02%
5Y Return (Ann)4.62%8.90%
10Y Return (Ann)0.37%8.07%
Sharpe Ratio1.001.14
Sortino Ratio1.481.70
Omega Ratio1.181.21
Calmar Ratio0.461.64
Martin Ratio3.715.67
Ulcer Index3.77%3.35%
Daily Std Dev14.09%16.49%
Max Drawdown-45.21%-46.48%
Current Drawdown-18.71%-10.25%

Correlation

-0.50.00.51.00.3

The correlation between QAT and EIRL is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

QAT vs. EIRL - Performance Comparison

In the year-to-date period, QAT achieves a 6.27% return, which is significantly higher than EIRL's 4.54% return. Over the past 10 years, QAT has underperformed EIRL with an annualized return of 0.37%, while EIRL has yielded a comparatively higher 8.07% annualized 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
11.57%
-7.75%
QAT
EIRL

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QAT vs. EIRL - Expense Ratio Comparison

QAT has a 0.59% expense ratio, which is higher than EIRL's 0.49% expense ratio.


QAT
iShares MSCI Qatar ETF
Expense ratio chart for QAT: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
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%

Risk-Adjusted Performance

QAT vs. EIRL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Qatar ETF (QAT) 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.


QAT
Sharpe ratio
The chart of Sharpe ratio for QAT, currently valued at 1.00, compared to the broader market0.002.004.006.001.00
Sortino ratio
The chart of Sortino ratio for QAT, currently valued at 1.48, compared to the broader market0.005.0010.001.48
Omega ratio
The chart of Omega ratio for QAT, currently valued at 1.18, compared to the broader market1.001.502.002.503.001.18
Calmar ratio
The chart of Calmar ratio for QAT, currently valued at 0.46, compared to the broader market0.005.0010.0015.0020.000.46
Martin ratio
The chart of Martin ratio for QAT, currently valued at 3.71, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.71
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

QAT vs. EIRL - Sharpe Ratio Comparison

The current QAT Sharpe Ratio is 1.00, which is comparable to the EIRL Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of QAT 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 Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.00
1.14
QAT
EIRL

Dividends

QAT vs. EIRL - Dividend Comparison

QAT's dividend yield for the trailing twelve months is around 4.19%, more than EIRL's 1.55% yield.


TTM20232022202120202019201820172016201520142013
QAT
iShares MSCI Qatar ETF
4.19%3.92%4.78%2.33%2.63%3.57%4.63%4.10%3.51%4.49%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

QAT vs. EIRL - Drawdown Comparison

The maximum QAT drawdown since its inception was -45.21%, roughly equal to the maximum EIRL drawdown of -46.48%. Use the drawdown chart below to compare losses from any high point for QAT and EIRL. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-18.71%
-10.25%
QAT
EIRL

Volatility

QAT vs. EIRL - Volatility Comparison

iShares MSCI Qatar ETF (QAT) and iShares MSCI Ireland ETF (EIRL) have volatilities of 4.70% and 4.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%3.50%4.00%4.50%5.00%5.50%6.00%JuneJulyAugustSeptemberOctoberNovember
4.70%
4.91%
QAT
EIRL