WMT vs. EWY
WMT (Walmart Inc.) is a stock, while EWY (iShares MSCI South Korea ETF) is Asia Pacific Equities fund tracking the MSCI Korea Index. Over the past 10 years, WMT returned 19.77%/yr vs 16.84%/yr for EWY. At a 0.25 correlation, their price movements are largely independent.
Performance
WMT vs. EWY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WMT achieves a 9.07% return, which is significantly lower than EWY's 103.10% return. Over the past 10 years, WMT has outperformed EWY with an annualized return of 19.77%, while EWY has yielded a comparatively lower 16.84% annualized return.
WMT
- 1D
- 0.45%
- 1M
- -7.93%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 28.71%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
EWY
- 1D
- -0.75%
- 1M
- 4.68%
- YTD
- 103.10%
- 6M
- 117.85%
- 1Y
- 198.25%
- 3Y*
- 46.46%
- 5Y*
- 18.80%
- 10Y*
- 16.84%
WMT vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
EWY iShares MSCI South Korea ETF | 103.10% | 95.33% | -20.48% | 19.05% | -26.59% | -7.58% | 39.43% | 7.97% | -20.37% | 44.97% |
Correlation
The correlation between WMT and EWY is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since May 12, 2000 | 0.25 |
The correlation between WMT and EWY shifts across timeframes, from -0.09 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
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
WMT vs. EWY — Risk / Return Rank
WMT
EWY
WMT vs. EWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) and iShares MSCI South Korea ETF (EWY). 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.
| WMT | EWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.07 | ||
| Sortino ratioReturn per unit of downside risk | -2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.59 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 8.65 | -6.81 |
| Martin ratioReturn relative to average drawdown | 5.82 | 30.24 | -24.41 |
Loading charts...
Drawdowns
WMT vs. EWY - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, roughly equal to the maximum EWY drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for WMT and EWY.
Loading charts...
Drawdown Indicators
| WMT | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -74.14% | -3.00% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -23.08% | +7.33% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -27.36% | +5.43% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -48.55% | +22.81% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | -49.73% | +23.99% |
Current DrawdownCurrent decline from peak | -9.81% | -8.88% | -0.93% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -20.11% | +5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 6.59% | -1.65% |
Volatility
WMT vs. EWY - Volatility Comparison
The current volatility for Walmart Inc. (WMT) is 9.86%, while iShares MSCI South Korea ETF (EWY) has a volatility of 25.64%. This indicates that WMT experiences smaller price fluctuations and is considered to be less risky than EWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WMT | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 25.64% | -15.78% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 42.65% | -24.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.67% | 46.51% | -22.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 30.15% | -8.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 28.06% | -6.33% |
Dividends
WMT vs. EWY - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.80%, less than EWY's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWY iShares MSCI South Korea ETF | 1.03% | 2.10% | 2.55% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
WMT and EWY have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EWY has higher volatility (25.64%) compared to WMT (9.86%). In terms of maximum drawdown, WMT dropped -77.14% vs EWY's -74.14%.
EWY currently has the higher Sharpe Ratio (4.29 vs 1.22), 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 WMT and EWY
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