STNG vs. EWP
STNG (Scorpio Tankers Inc.) is a stock, while EWP (iShares MSCI Spain ETF) is Europe Equities fund tracking the MSCI Spain Index. Over the past 10 years, STNG returned 5.47%/yr vs 10.99%/yr for EWP. At a 0.28 correlation, their price movements are largely independent.
Performance
STNG vs. EWP - Performance Comparison
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Returns By Period
In the year-to-date period, STNG achieves a 50.39% return, which is significantly higher than EWP's 5.49% return. Over the past 10 years, STNG has underperformed EWP with an annualized return of 5.47%, while EWP has yielded a comparatively higher 10.99% annualized return.
STNG
- 1D
- 0.68%
- 1M
- -8.72%
- YTD
- 50.39%
- 6M
- 35.11%
- 1Y
- 93.76%
- 3Y*
- 19.37%
- 5Y*
- 31.84%
- 10Y*
- 5.47%
EWP
- 1D
- -1.06%
- 1M
- 3.64%
- YTD
- 5.49%
- 6M
- 10.02%
- 1Y
- 34.73%
- 3Y*
- 30.89%
- 5Y*
- 17.03%
- 10Y*
- 10.99%
STNG vs. EWP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STNG Scorpio Tankers Inc. | 50.39% | 6.03% | -16.29% | 15.40% | 325.48% | 17.40% | -70.74% | 127.09% | -41.26% | -31.93% |
EWP iShares MSCI Spain ETF | 5.49% | 78.03% | 5.70% | 30.26% | -5.18% | 0.25% | -3.94% | 11.93% | -15.32% | 26.98% |
Correlation
The correlation between STNG and EWP is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2010 | 0.28 |
The correlation between STNG and EWP shifts across timeframes, from -0.05 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
STNG vs. EWP — Risk / Return Rank
STNG
EWP
STNG vs. EWP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Scorpio Tankers Inc. (STNG) and iShares MSCI Spain ETF (EWP). 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.
| STNG | EWP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.33 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.15 | 3.07 | +1.08 |
| Martin ratioReturn relative to average drawdown | 11.49 | 10.91 | +0.58 |
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
| STNG | EWP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | 1.87 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.85 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.50 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.31 | -0.32 |
Drawdowns
STNG vs. EWP - Drawdown Comparison
The maximum STNG drawdown since its inception was -91.13%, which is greater than EWP's maximum drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for STNG and EWP.
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Drawdown Indicators
| STNG | EWP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.13% | -61.19% | -29.94% |
Max Drawdown (1Y)Largest decline over 1 year | -22.74% | -11.38% | -11.36% |
Max Drawdown (3Y)Largest decline over 3 years | -60.97% | -12.19% | -48.78% |
Max Drawdown (5Y)Largest decline over 5 years | -60.97% | -33.91% | -27.06% |
Max Drawdown (10Y)Largest decline over 10 years | -83.33% | -46.36% | -36.97% |
Current DrawdownCurrent decline from peak | -12.49% | -2.60% | -9.89% |
Average DrawdownAverage peak-to-trough decline | -49.39% | -21.43% | -27.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.19% | 3.19% | +5.00% |
Volatility
STNG vs. EWP - Volatility Comparison
Scorpio Tankers Inc. (STNG) has a higher volatility of 9.98% compared to iShares MSCI Spain ETF (EWP) at 6.12%. This indicates that STNG's price experiences larger fluctuations and is considered to be riskier than EWP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| STNG | EWP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.98% | 6.12% | +3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 27.74% | 15.64% | +12.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.01% | 18.76% | +20.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.09% | 20.24% | +24.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.39% | 22.23% | +32.16% |
Dividends
STNG vs. EWP - Dividend Comparison
STNG's dividend yield for the trailing twelve months is around 2.28%, more than EWP's 2.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWP iShares MSCI Spain ETF | 2.15% | 2.27% | 4.35% | 2.70% | 3.07% | 3.29% | 2.56% | 3.72% | 3.69% | 2.72% | 4.65% | 3.85% |
STNG Scorpio Tankers Inc. | 2.28% | 3.19% | 3.22% | 1.73% | 0.74% | 3.12% | 3.57% | 1.02% | 2.27% | 1.31% | 11.04% | 6.17% |
Frequently Asked Questions
STNG and EWP have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STNG has higher volatility (9.98%) compared to EWP (6.12%). In terms of maximum drawdown, STNG dropped -91.13% vs EWP's -61.19%.
STNG currently has the higher Sharpe Ratio (2.42 vs 1.87), 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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