PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
WT vs. EZA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WT vs. EZA

Last updated Jun 13, 2026

WT (WisdomTree Inc.) is a stock, while EZA (iShares MSCI South Africa ETF) is Emerging Markets Equities fund tracking the MSCI South Africa Index. Over the past 10 years, WT returned 8.07%/yr vs 8.12%/yr for EZA. At a 0.24 correlation, their price movements are largely independent.

Performance

WT vs. EZA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Inc. (WT) and iShares MSCI South Africa ETF (EZA). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, WT achieves a 47.93% return, which is significantly higher than EZA's -2.81% return. Both investments have delivered pretty close results over the past 10 years, with WT having a 8.07% annualized return and EZA not far ahead at 8.12%.

WT

1D
3.99%
1M
-9.29%
YTD
47.93%
6M
52.43%
1Y
80.10%
3Y*
36.20%
5Y*
22.72%
10Y*
8.07%

EZA

1D
0.89%
1M
-5.12%
YTD
-2.81%
6M
2.77%
1Y
33.90%
3Y*
23.45%
5Y*
9.50%
10Y*
8.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WT vs. EZA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
WT
WisdomTree Inc.		47.93%17.38%53.55%29.56%-8.94%16.57%14.13%-25.75%-46.31%16.47%
EZA
iShares MSCI South Africa ETF		-2.81%75.20%7.16%1.51%-5.18%7.91%-5.19%9.83%-25.24%36.03%

Correlation

The correlation between WT and EZA is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.38

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Feb 7, 2003

0.24

The correlation between WT and EZA shifts across timeframes, from 0.24 (all time) to 0.38 (1 year), 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.

WisdomTree Inc.

iShares MSCI South Africa ETF

Often compared with WT:
WT vs. SPYWT vs. VOOWT vs. AAPLWT vs. SCHDWT vs. BOTZWT vs. IVZWT vs. SCHG
Often compared with EZA:
EZA vs. AFKEZA vs. KSAEZA vs. SPYEZA vs. PAF.LEZA vs. VTIEZA vs. SCHDEZA vs. INDA

Return for Risk

WT vs. EZA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WT
WT Risk / Return Rank: 8585
Overall Rank
WT Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
WT Sortino Ratio Rank: 8787
Sortino Ratio Rank
WT Omega Ratio Rank: 8383
Omega Ratio Rank
WT Calmar Ratio Rank: 8383
Calmar Ratio Rank
WT Martin Ratio Rank: 8282
Martin Ratio Rank
EZA
EZA Risk / Return Rank: 2929
Overall Rank
EZA Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
EZA Sortino Ratio Rank: 2828
Sortino Ratio Rank
EZA Omega Ratio Rank: 3030
Omega Ratio Rank
EZA Calmar Ratio Rank: 3131
Calmar Ratio Rank
EZA Martin Ratio Rank: 2828
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WT vs. EZA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Inc. (WT) and iShares MSCI South Africa ETF (EZA). 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.

WTEZADifference
Sharpe ratioReturn per unit of total volatility
2.07
0.95

+1.11

Sortino ratioReturn per unit of downside risk
2.74
1.41

+1.33

Omega ratioGain probability vs. loss probability

1.31

1.18

+0.13

Calmar ratioReturn relative to maximum drawdown

2.90

1.31

+1.59

Martin ratioReturn relative to average drawdown

6.89

3.41

+3.48

WT vs. EZA - Sharpe Ratio Comparison

The current WT Sharpe Ratio is 2.07, which is higher than the EZA Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of WT and EZA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

WT vs. EZA - Drawdown Comparison

The maximum WT drawdown since its inception was -99.92%, which is greater than EZA's maximum drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for WT and EZA.

Loading charts...

Drawdown Indicators

WTEZADifference

Max Drawdown

Largest peak-to-trough decline

-99.92%

-64.64%

-35.28%

Max Drawdown (1Y)

Largest decline over 1 year

-26.67%

-23.31%

-3.36%

Max Drawdown (3Y)

Largest decline over 3 years

-36.94%

-23.31%

-13.63%

Max Drawdown (5Y)

Largest decline over 5 years

-36.94%

-34.94%

-2.00%

Max Drawdown (10Y)

Largest decline over 10 years

-83.95%

-62.25%

-21.70%

Current Drawdown

Current decline from peak

-12.50%

-18.05%

+5.55%

Average Drawdown

Average peak-to-trough decline

-60.16%

-16.92%

-43.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.20%

8.93%

+2.27%

Volatility

WT vs. EZA - Volatility Comparison

WisdomTree Inc. (WT) and iShares MSCI South Africa ETF (EZA) have volatilities of 11.00% and 11.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

WTEZADifference

Volatility (1M)

Calculated over the trailing 1-month period

11.00%

11.34%

-0.34%

Volatility (6M)

Calculated over the trailing 6-month period

31.11%

27.03%

+4.08%

Volatility (1Y)

Calculated over the trailing 1-year period

37.43%

31.92%

+5.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.39%

28.86%

+3.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

42.93%

31.43%

+11.50%

Dividends

WT vs. EZA - Dividend Comparison

WT's dividend yield for the trailing twelve months is around 0.67%, less than EZA's 6.34% yield.

PositionTTM20252024202320222021202020192018201720162015
EZA
iShares MSCI South Africa ETF		6.34%6.16%7.26%2.84%3.90%2.05%5.51%12.27%3.81%1.55%4.10%3.03%
WT
WisdomTree Inc.		0.67%0.98%1.14%1.73%2.20%1.96%2.24%2.48%1.80%2.55%2.87%3.64%

Frequently Asked Questions

WT and EZA have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EZA has higher volatility (11.34%) compared to WT (11.00%). In terms of maximum drawdown, WT dropped -99.92% vs EZA's -64.64%.

WT currently has the higher Sharpe Ratio (2.07 vs 0.95), 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.

Portfolio Optimizer

Find the right allocation for WT and EZA

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