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TUR vs. IOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TUR and IOO is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

TUR vs. IOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Turkey ETF (TUR) and iShares Global 100 ETF (IOO). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%250.00%300.00%350.00%JulyAugustSeptemberOctoberNovemberDecember
14.64%
320.76%
TUR
IOO

Key characteristics

Sharpe Ratio

TUR:

0.39

IOO:

2.10

Sortino Ratio

TUR:

0.71

IOO:

2.76

Omega Ratio

TUR:

1.08

IOO:

1.39

Calmar Ratio

TUR:

0.21

IOO:

2.62

Martin Ratio

TUR:

0.77

IOO:

10.71

Ulcer Index

TUR:

12.16%

IOO:

2.72%

Daily Std Dev

TUR:

23.81%

IOO:

13.90%

Max Drawdown

TUR:

-72.34%

IOO:

-55.85%

Current Drawdown

TUR:

-36.12%

IOO:

-1.57%

Returns By Period

In the year-to-date period, TUR achieves a 12.85% return, which is significantly lower than IOO's 27.31% return. Over the past 10 years, TUR has underperformed IOO with an annualized return of -1.38%, while IOO has yielded a comparatively higher 12.38% annualized return.


TUR

YTD

12.85%

1M

1.93%

6M

-14.84%

1Y

10.06%

5Y*

9.10%

10Y*

-1.38%

IOO

YTD

27.31%

1M

2.55%

6M

5.39%

1Y

27.80%

5Y*

15.42%

10Y*

12.38%

Compare stocks, funds, or ETFs

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TUR vs. IOO - Expense Ratio Comparison

TUR has a 0.59% expense ratio, which is higher than IOO's 0.40% expense ratio.


TUR
iShares MSCI Turkey ETF
Expense ratio chart for TUR: 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 IOO: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

TUR vs. IOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Turkey ETF (TUR) and iShares Global 100 ETF (IOO). 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.


Sharpe ratio
The chart of Sharpe ratio for TUR, currently valued at 0.39, compared to the broader market0.002.004.000.392.10
The chart of Sortino ratio for TUR, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.0010.000.712.76
The chart of Omega ratio for TUR, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.081.39
The chart of Calmar ratio for TUR, currently valued at 0.21, compared to the broader market0.005.0010.0015.000.212.62
The chart of Martin ratio for TUR, currently valued at 0.77, compared to the broader market0.0020.0040.0060.0080.00100.000.7710.71
TUR
IOO

The current TUR Sharpe Ratio is 0.39, which is lower than the IOO Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of TUR and IOO, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.39
2.10
TUR
IOO

Dividends

TUR vs. IOO - Dividend Comparison

TUR's dividend yield for the trailing twelve months is around 1.79%, more than IOO's 1.07% yield.


TTM20232022202120202019201820172016201520142013
TUR
iShares MSCI Turkey ETF
1.79%4.43%1.97%4.22%0.87%3.29%4.05%2.63%2.89%3.04%1.63%2.34%
IOO
iShares Global 100 ETF
1.07%1.49%2.00%1.53%1.49%2.02%2.54%2.23%2.75%2.89%3.52%2.37%

Drawdowns

TUR vs. IOO - Drawdown Comparison

The maximum TUR drawdown since its inception was -72.34%, which is greater than IOO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for TUR and IOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-36.12%
-1.57%
TUR
IOO

Volatility

TUR vs. IOO - Volatility Comparison

iShares MSCI Turkey ETF (TUR) has a higher volatility of 6.64% compared to iShares Global 100 ETF (IOO) at 3.75%. This indicates that TUR's price experiences larger fluctuations and is considered to be riskier than IOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
6.64%
3.75%
TUR
IOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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