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VLRS vs. EWW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VLRS and EWW is 0.46, 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

VLRS vs. EWW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) and iShares MSCI Mexico ETF (EWW). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%AugustSeptemberOctoberNovemberDecember2025
23.94%
-18.29%
VLRS
EWW

Key characteristics

Sharpe Ratio

VLRS:

-0.32

EWW:

-1.04

Sortino Ratio

VLRS:

-0.19

EWW:

-1.35

Omega Ratio

VLRS:

0.98

EWW:

0.83

Calmar Ratio

VLRS:

-0.17

EWW:

-0.82

Martin Ratio

VLRS:

-0.62

EWW:

-1.40

Ulcer Index

VLRS:

20.60%

EWW:

18.28%

Daily Std Dev

VLRS:

40.63%

EWW:

24.59%

Max Drawdown

VLRS:

-85.92%

EWW:

-64.94%

Current Drawdown

VLRS:

-65.11%

EWW:

-29.35%

Returns By Period

In the year-to-date period, VLRS achieves a 7.12% return, which is significantly higher than EWW's 2.37% return. Over the past 10 years, VLRS has underperformed EWW with an annualized return of -1.81%, while EWW has yielded a comparatively higher 0.48% annualized return.


VLRS

YTD

7.12%

1M

-5.34%

6M

23.95%

1Y

-8.39%

5Y*

-6.05%

10Y*

-1.81%

EWW

YTD

2.37%

1M

-4.83%

6M

-18.29%

1Y

-23.91%

5Y*

3.40%

10Y*

0.48%

*Annualized

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Risk-Adjusted Performance

VLRS vs. EWW — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VLRS
The Risk-Adjusted Performance Rank of VLRS is 3333
Overall Rank
The Sharpe Ratio Rank of VLRS is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of VLRS is 2929
Sortino Ratio Rank
The Omega Ratio Rank of VLRS is 3030
Omega Ratio Rank
The Calmar Ratio Rank of VLRS is 3939
Calmar Ratio Rank
The Martin Ratio Rank of VLRS is 3636
Martin Ratio Rank

EWW
The Risk-Adjusted Performance Rank of EWW is 11
Overall Rank
The Sharpe Ratio Rank of EWW is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of EWW is 11
Sortino Ratio Rank
The Omega Ratio Rank of EWW is 11
Omega Ratio Rank
The Calmar Ratio Rank of EWW is 00
Calmar Ratio Rank
The Martin Ratio Rank of EWW is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VLRS vs. EWW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) and iShares MSCI Mexico ETF (EWW). 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 VLRS, currently valued at -0.32, compared to the broader market-4.00-2.000.002.00-0.32-1.04
The chart of Sortino ratio for VLRS, currently valued at -0.19, compared to the broader market-4.00-2.000.002.004.00-0.19-1.35
The chart of Omega ratio for VLRS, currently valued at 0.98, compared to the broader market0.501.001.502.000.980.83
The chart of Calmar ratio for VLRS, currently valued at -0.17, compared to the broader market0.002.004.006.00-0.17-0.82
The chart of Martin ratio for VLRS, currently valued at -0.62, compared to the broader market-10.000.0010.0020.00-0.62-1.40
VLRS
EWW

The current VLRS Sharpe Ratio is -0.32, which is higher than the EWW Sharpe Ratio of -1.04. The chart below compares the historical Sharpe Ratios of VLRS and EWW, 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-1.00-0.500.000.50AugustSeptemberOctoberNovemberDecember2025
-0.32
-1.04
VLRS
EWW

Dividends

VLRS vs. EWW - Dividend Comparison

VLRS has not paid dividends to shareholders, while EWW's dividend yield for the trailing twelve months is around 4.29%.


TTM20242023202220212020201920182017201620152014
VLRS
Controladora Vuela Compañía de Aviación, S.A.B. de C.V.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EWW
iShares MSCI Mexico ETF
4.29%4.39%2.19%3.64%2.06%1.43%2.92%2.30%2.22%1.77%2.34%1.23%

Drawdowns

VLRS vs. EWW - Drawdown Comparison

The maximum VLRS drawdown since its inception was -85.92%, which is greater than EWW's maximum drawdown of -64.94%. Use the drawdown chart below to compare losses from any high point for VLRS and EWW. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%AugustSeptemberOctoberNovemberDecember2025
-65.11%
-29.35%
VLRS
EWW

Volatility

VLRS vs. EWW - Volatility Comparison

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) has a higher volatility of 7.59% compared to iShares MSCI Mexico ETF (EWW) at 7.07%. This indicates that VLRS's price experiences larger fluctuations and is considered to be riskier than EWW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%AugustSeptemberOctoberNovemberDecember2025
7.59%
7.07%
VLRS
EWW
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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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