SNAP vs. EWZ
SNAP (Snap 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 5 years, SNAP returned -39.35%/yr vs 4.96%/yr for EWZ. At a 0.20 correlation, their price movements are largely independent.
Performance
SNAP vs. EWZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNAP achieves a -34.82% return, which is significantly lower than EWZ's 10.48% return.
SNAP
- 1D
- -1.31%
- 1M
- -6.24%
- YTD
- -34.82%
- 6M
- -28.04%
- 1Y
- -36.63%
- 3Y*
- -20.12%
- 5Y*
- -39.35%
- 10Y*
- —
EWZ
- 1D
- 0.83%
- 1M
- -4.57%
- YTD
- 10.48%
- 6M
- 9.03%
- 1Y
- 31.47%
- 3Y*
- 9.47%
- 5Y*
- 4.96%
- 10Y*
- 8.29%
SNAP vs. EWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNAP Snap Inc. | -34.82% | -25.07% | -36.39% | 89.16% | -80.97% | -6.07% | 206.61% | 196.37% | -62.29% | -39.12% |
EWZ iShares MSCI Brazil ETF | 10.48% | 48.81% | -30.41% | 32.62% | 12.09% | -17.32% | -20.35% | 27.67% | -2.52% | 5.73% |
Correlation
The correlation between SNAP and EWZ is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2017 | 0.20 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SNAP vs. EWZ — Risk / Return Rank
SNAP
EWZ
SNAP vs. EWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snap Inc. (SNAP) 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.
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.
| SNAP | EWZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.51 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.22 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 1.64 | -2.23 |
| Martin ratioReturn relative to average drawdown | -1.06 | 5.17 | -6.23 |
Loading charts...
Drawdowns
SNAP vs. EWZ - Drawdown Comparison
The maximum SNAP drawdown since its inception was -95.27%, which is greater than EWZ's maximum drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for SNAP and EWZ.
Loading charts...
Drawdown Indicators
| SNAP | EWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.27% | -77.25% | -18.02% |
Max Drawdown (1Y)Largest decline over 1 year | -62.03% | -19.27% | -42.76% |
Max Drawdown (3Y)Largest decline over 3 years | -77.48% | -31.36% | -46.12% |
Max Drawdown (5Y)Largest decline over 5 years | -95.27% | -32.24% | -63.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.99% | — |
Current DrawdownCurrent decline from peak | -93.67% | -23.06% | -70.61% |
Average DrawdownAverage peak-to-trough decline | -60.04% | -35.93% | -24.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.45% | 6.10% | +28.35% |
Volatility
SNAP vs. EWZ - Volatility Comparison
Snap Inc. (SNAP) has a higher volatility of 12.67% compared to iShares MSCI Brazil ETF (EWZ) at 7.35%. This indicates that SNAP'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.
Loading charts...
Volatility by Period
| SNAP | EWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 7.35% | +5.32% |
Volatility (6M)Calculated over the trailing 6-month period | 41.17% | 19.97% | +21.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.41% | 25.20% | +30.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.96% | 27.70% | +48.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.73% | 34.04% | +37.69% |
Dividends
SNAP vs. EWZ - Dividend Comparison
SNAP has not paid dividends to shareholders, while EWZ's dividend yield for the trailing twelve months is around 4.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWZ iShares MSCI Brazil ETF | 4.70% | 5.19% | 8.91% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% |
SNAP Snap Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SNAP and EWZ have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNAP has higher volatility (12.67%) compared to EWZ (7.35%). In terms of maximum drawdown, SNAP dropped -95.27% vs EWZ's -77.25%.
EWZ currently has the higher Sharpe Ratio (1.25 vs -0.66), 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.
Find the right allocation for SNAP and EWZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer