QAT vs. KSA
Compare and contrast key facts about iShares MSCI Qatar ETF (QAT) and iShares MSCI Saudi Arabia ETF (KSA).
QAT and KSA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QAT is a passively managed fund by iShares that tracks the performance of the MSCI All Qatar Capped Index. It was launched on Apr 29, 2014. KSA is a passively managed fund by iShares that tracks the performance of the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index. It was launched on Sep 16, 2015. Both QAT and KSA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QAT or KSA.
Performance
QAT vs. KSA - Performance Comparison
Returns By Period
In the year-to-date period, QAT achieves a 5.60% return, which is significantly higher than KSA's -0.28% return.
QAT
5.60%
1.70%
12.82%
9.28%
4.10%
0.13%
KSA
-0.28%
-0.14%
2.31%
8.05%
8.74%
N/A
Key characteristics
| QAT | KSA | |
|---|---|---|
| Sharpe Ratio | 0.68 | 0.60 |
| Sortino Ratio | 1.03 | 0.92 |
| Omega Ratio | 1.12 | 1.12 |
| Calmar Ratio | 0.31 | 0.40 |
| Martin Ratio | 2.46 | 1.53 |
| Ulcer Index | 3.77% | 5.26% |
| Daily Std Dev | 13.70% | 13.31% |
| Max Drawdown | -45.21% | -40.56% |
| Current Drawdown | -19.23% | -13.62% |
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QAT vs. KSA - Expense Ratio Comparison
QAT has a 0.59% expense ratio, which is lower than KSA's 0.74% expense ratio.
Correlation
The correlation between QAT and KSA is 0.30, 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.
Risk-Adjusted Performance
QAT vs. KSA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Qatar ETF (QAT) and iShares MSCI Saudi Arabia ETF (KSA). 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.
Dividends
QAT vs. KSA - Dividend Comparison
QAT's dividend yield for the trailing twelve months is around 4.21%, more than KSA's 2.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
QAT iShares MSCI Qatar ETF | 4.21% | 3.93% | 4.78% | 2.34% | 2.63% | 3.57% | 4.63% | 4.10% | 3.52% | 4.49% |
KSA iShares MSCI Saudi Arabia ETF | 2.78% | 2.44% | 1.93% | 1.58% | 1.76% | 2.15% | 2.51% | 2.30% | 3.06% | 0.04% |
Drawdowns
QAT vs. KSA - Drawdown Comparison
The maximum QAT drawdown since its inception was -45.21%, which is greater than KSA's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for QAT and KSA. For additional features, visit the drawdowns tool.
Volatility
QAT vs. KSA - Volatility Comparison
iShares MSCI Qatar ETF (QAT) and iShares MSCI Saudi Arabia ETF (KSA) have volatilities of 3.44% and 3.28%, 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.