USD=X vs. EWP
USD=X (USD Cash) is a currency, while EWP (iShares MSCI Spain ETF) is Europe Equities fund tracking the MSCI Spain Index. Over the past 10 years, USD=X returned 0.00%/yr vs 11.50%/yr for EWP.
Performance
USD=X vs. EWP - Performance Comparison
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Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
EWP
- 1D
- -0.23%
- 1M
- -1.00%
- YTD
- 5.10%
- 6M
- 9.82%
- 1Y
- 33.13%
- 3Y*
- 30.85%
- 5Y*
- 16.75%
- 10Y*
- 11.50%
USD=X vs. EWP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWP iShares MSCI Spain ETF | 5.10% | 78.03% | 5.70% | 30.26% | -5.18% | 0.25% | -3.94% | 11.93% | -15.32% | 26.98% |
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Return for Risk
USD=X vs. EWP — Risk / Return Rank
USD=X
EWP
USD=X vs. EWP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| USD=X | EWP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.77 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.83 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.31 | — |
Drawdowns
USD=X vs. EWP - Drawdown Comparison
The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum EWP drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for USD=X and EWP.
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Drawdown Indicators
| USD=X | EWP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -61.19% | +61.19% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -11.38% | +11.38% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -12.19% | +12.19% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -33.91% | +33.91% |
Max Drawdown (10Y)Largest decline over 10 years | 0.00% | -46.36% | +46.36% |
Current DrawdownCurrent decline from peak | 0.00% | -2.96% | +2.96% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -21.43% | +21.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 3.20% | -3.20% |
Volatility
USD=X vs. EWP - Volatility Comparison
The current volatility for USD Cash (USD=X) is 0.00%, while iShares MSCI Spain ETF (EWP) has a volatility of 5.07%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky 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
| USD=X | EWP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 5.07% | -5.07% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 15.70% | -15.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 18.79% | -18.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 20.25% | -20.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 22.24% | -22.24% |
Frequently Asked Questions
EWP has higher volatility (5.07%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs EWP's -61.19%.
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