RIOT vs. EWZ
RIOT (Riot Platforms, Inc.) is a stock, while EWZ (iShares MSCI Brazil ETF) is Latin America Equities fund tracking the MSCI Brazil 25/50 Index. Over the past 10 years, RIOT returned 23.47%/yr vs 7.53%/yr for EWZ. At a 0.17 correlation, their price movements are largely independent.
Performance
RIOT vs. EWZ - Performance Comparison
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Returns By Period
In the year-to-date period, RIOT achieves a 102.76% return, which is significantly higher than EWZ's 6.04% return. Over the past 10 years, RIOT has outperformed EWZ with an annualized return of 23.47%, while EWZ has yielded a comparatively lower 7.53% annualized return.
RIOT
- 1D
- 4.18%
- 1M
- 6.69%
- YTD
- 102.76%
- 6M
- 71.72%
- 1Y
- 160.81%
- 3Y*
- 35.48%
- 5Y*
- -3.94%
- 10Y*
- 23.47%
EWZ
- 1D
- -0.94%
- 1M
- -13.88%
- YTD
- 6.04%
- 6M
- 6.47%
- 1Y
- 28.14%
- 3Y*
- 7.95%
- 5Y*
- 3.87%
- 10Y*
- 7.53%
RIOT vs. EWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RIOT Riot Platforms, Inc. | 102.76% | 24.09% | -34.00% | 356.34% | -84.82% | 31.43% | 1,416.96% | -25.83% | -94.68% | 729.34% |
EWZ iShares MSCI Brazil ETF | 6.04% | 48.81% | -30.41% | 32.62% | 12.09% | -17.32% | -20.35% | 27.67% | -2.52% | 23.62% |
Correlation
The correlation between RIOT and EWZ is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2003 | 0.17 |
The correlation between RIOT and EWZ shifts across timeframes, from 0.17 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RIOT vs. EWZ — Risk / Return Rank
RIOT
EWZ
RIOT vs. EWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Riot Platforms, Inc. (RIOT) and iShares MSCI Brazil ETF (EWZ). 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.
| RIOT | EWZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 1.47 | +1.86 |
| Martin ratioReturn relative to average drawdown | 6.59 | 4.96 | +1.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RIOT | EWZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.13 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.14 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.22 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 0.16 | -0.30 |
Drawdowns
RIOT vs. EWZ - Drawdown Comparison
The maximum RIOT drawdown since its inception was -99.98%, which is greater than EWZ's maximum drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for RIOT and EWZ.
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Drawdown Indicators
| RIOT | EWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -77.25% | -22.73% |
Max Drawdown (1Y)Largest decline over 1 year | -48.57% | -19.27% | -29.30% |
Max Drawdown (3Y)Largest decline over 3 years | -69.00% | -31.36% | -37.64% |
Max Drawdown (5Y)Largest decline over 5 years | -92.55% | -32.24% | -60.31% |
Max Drawdown (10Y)Largest decline over 10 years | -98.32% | -56.99% | -41.33% |
Current DrawdownCurrent decline from peak | -99.20% | -26.15% | -73.05% |
Average DrawdownAverage peak-to-trough decline | -87.84% | -35.95% | -51.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.50% | 5.68% | +18.82% |
Volatility
RIOT vs. EWZ - Volatility Comparison
Riot Platforms, Inc. (RIOT) has a higher volatility of 18.52% compared to iShares MSCI Brazil ETF (EWZ) at 7.32%. This indicates that RIOT's price experiences larger fluctuations and is considered to be riskier than EWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIOT | EWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.52% | 7.32% | +11.20% |
Volatility (6M)Calculated over the trailing 6-month period | 61.65% | 20.79% | +40.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 83.90% | 25.12% | +58.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.91% | 27.68% | +66.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.17% | 34.07% | +78.10% |
Dividends
RIOT vs. EWZ - Dividend Comparison
RIOT has not paid dividends to shareholders, while EWZ's dividend yield for the trailing twelve months is around 4.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWZ iShares MSCI Brazil ETF | 4.89% | 5.19% | 8.91% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% |
RIOT Riot Platforms, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.52% | 0.00% | 0.00% |
Frequently Asked Questions
RIOT and EWZ have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RIOT has higher volatility (18.52%) compared to EWZ (7.32%). In terms of maximum drawdown, RIOT dropped -99.98% vs EWZ's -77.25%.
RIOT currently has the higher Sharpe Ratio (1.93 vs 1.13), 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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