EWD vs IQSM

Comparison between ISHARES MSCI SWEDEN ETF (EWD, ETF) and NYLI CANDRIAM U.S. MID CAP EQUITY ETF (IQSM, ETF).

EWD vs IQSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWD(ETF)	IQSM(ETF)
Net Assets	$314M	$315M
Expense Ratio	0.51%	0.15%
Max Drawdown	79.94%	24.17%
Sharpe Ratio	0.61	1.10
5Y Beta	0.84	0.96
P/E Ratio	N/A	29.93
Forward P/E	N/A	17.14
5Y Dividends CAGR	14.87%	N/A
5Y EPS CAGR	N/A	10.37%
Debt to Equity	N/A	19.46%
P/S Ratio	N/A	1.69
P/B Ratio	N/A	2.88

Net Assets

EWD

$314M

Winner

IQSM

$315M

Expense Ratio

EWD

0.51%

Winner

IQSM

0.15%

Max Drawdown

EWD

79.94%

Winner

IQSM

24.17%

Sharpe Ratio

EWD

0.61

Winner

IQSM

1.10

5Y Beta

Winner

EWD

0.84

IQSM

0.96

P/E Ratio

EWD

N/A

IQSM

29.93

Forward P/E

EWD

N/A

IQSM

17.14

5Y Dividends CAGR

EWD

14.87%

IQSM

N/A

5Y EPS CAGR

EWD

N/A

IQSM

10.37%

Debt to Equity

EWD

N/A

IQSM

19.46%

P/S Ratio

EWD

N/A

IQSM

1.69

P/B Ratio

EWD

N/A

IQSM

2.88

EWD vs IQSM - Holdings Comparison

EWD and IQSM have 1 common holdings. Overlap is -0.55%

EWD's top 25 holdings weight is 84.83%. IQSM's top 25 holdings weight is 22.81%.

Rank	EWD	IQSM
#1	SPOTIFY TECHNOLOGY SA (SPOT) - 10.13%	TECHNIPFMC PLC (n/a) - 1.20%
#2	INVESTOR AB CLASS B (n/a) - 9.23%	REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 1.15%
#3	VOLVO AB CLASS B (VOLVF) - 6.66%	NVENT ELECTRIC PLC (NVT) - 1.14%
#4	ATLAS COPCO AB CLASS A (n/a) - 6.34%	MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC (MTSI) - 1.11%
#5	SANDVIK AB (n/a) - 5.43%	FABRINET (FN) - 1.09%
#6	TELEFONAKTIEBOLAGET L M ERICSSON CLASS B (n/a) - 4.69%	TWILIO INC CLASS A (TWLO) - 1.09%
#7	ASSA ABLOY AB CLASS B (n/a) - 3.91%	MASTEC INC (MTZ) - 1.05%
#8	SWEDBANK AB CLASS A (n/a) - 3.88%	UNITED THERAPEUTICS CORP (UTHR) - 1.04%
#9	SKANDINAVISKA ENSKILDA BANKEN AB CLASS A (n/a) - 3.77%	XPO INC (XPO) - 1.02%
#10	ATLAS COPCO AB CLASS B (n/a) - 3.27%	STERLING INFRASTRUCTURE INC (STRL) - 0.98%
#11	SVENSKA HANDELSBANKEN AB CLASS A (n/a) - 2.68%	F5 INC (FFIV) - 0.93%
#12	HEXAGON AB CLASS B (n/a) - 2.41%	MKS INC (MKSI) - 0.91%
#13	EPIROC AB ORDINARY SHARES CLASS A (n/a) - 2.33%	AKAMAI TECHNOLOGIES INC (AKAM) - 0.89%
#14	SAAB AB CLASS B (n/a) - 2.26%	LATTICE SEMICONDUCTOR CORP (LSCC) - 0.89%
#15	ALFA LAVAL AB (n/a) - 2.13%	ALBEMARLE CORP (ALB) - 0.85%
#16	ESSITY AB CLASS B (n/a) - 2.07%	C.H. ROBINSON WORLDWIDE INC (CHRW) - 0.83%
#17	EQT AB ORDINARY SHARES (n/a) - 2.07%	BURLINGTON STORES INC (BURL) - 0.83%
#18	BOLIDEN AB (n/a) - 2.03%	ALCOA CORP (AA) - 0.80%
#19	SEK CASH (n/a) - 1.81%	NEXTPOWER INC CLASS A (NXT) - 0.80%
#20	TELIA COMPANY AB (n/a) - 1.60%	ITT INC (ITT) - 0.72%
#21	TELE2 AB CLASS B (n/a) - 1.34%	US FOODS HOLDING CORP (USFD) - 0.72%
#22	EVOLUTION AB (n/a) - 1.25%	TD SYNNEX CORP (SNX) - 0.70%
#23	EPIROC AB SHARE B (n/a) - 1.20%	EAST WEST BANCORP INC (EWBC) - 0.70%
#24	ADDTECH AB CLASS B (n/a) - 1.18%	RAMBUS INC (RMBS) - 0.69%
#25	SWEDISH ORPHAN BIOVITRUM AB (n/a) - 1.16%	WESCO INTERNATIONAL INC (WCC) - 0.68%
Total Holdings	53	242

EWD vs IQSM - Historical Returns

Returns include dividend reinvestment.

Period	EWD	IQSM
1 month	+0.14%	+1.61%
3 months	-2.09%	+5.97%
6 months	+6.65%	+10.21%
1 year	+14.24%	+21.34%
5 years(CAGR)	+3.99%	N/A
10 years(CAGR)	+9.04%	N/A
Max(CAGR)	+6.63%	+12.67%

EWD

+0.14%

Winner

IQSM

+1.61%

EWD

-2.09%

Winner

IQSM

+5.97%

EWD

+6.65%

Winner

IQSM

+10.21%

EWD

+14.24%

Winner

IQSM

+21.34%

5Y(CAGR)

EWD

+3.99%

IQSM

N/A

10Y(CAGR)

EWD

+9.04%

IQSM

N/A

Max(CAGR)

EWD

+6.63%

Winner

IQSM

+12.67%

EWD vs IQSM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWD	IQSM
2026	+2.72%	+9.07%
2025	+36.16%	+8.28%
2024	-1.94%	+9.92%
2023	+23.68%	+16.04%
2022	-28.45%	+2.29%
2021	+21.34%	N/A
2020	+18.94%	N/A
2019	+23.80%	N/A
2018	-13.43%	N/A
2017	+21.04%	N/A
2016	+4.52%	N/A
2015	-3.90%	N/A
2014	-5.97%	N/A
2013	+21.95%	N/A
2012	+19.94%	N/A
2011	-18.22%	N/A
2010	+31.31%	N/A
2009	+48.46%	N/A
2008	-46.58%	N/A
2007	-2.28%	N/A
2006	+38.19%	N/A
2005	+9.32%	N/A
2004	+34.96%	N/A
2003	+57.95%	N/A
2002	-31.32%	N/A
2001	-22.76%	N/A
2000	-27.76%	N/A
1999	+27.13%	N/A

EWD vs IQSM Drawdown Comparison

The maximum drawdown for EWD was -75.34%, occurring on Oct 9, 2002. Recovery took 1668 trading sessions.

The maximum drawdown for IQSM was -23.66%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.

The current EWD drawdown is -6.89%. The current IQSM drawdown is -1.98%.

Rank	EWD	IQSM
#1	-75.34% Mar 3, 2000 - Oct 20, 2006	-23.66% Nov 25, 2024 - Dec 10, 2025
#2	-68.10% Jul 12, 2007 - Apr 21, 2011	-16.38% Feb 2, 2023 - Dec 14, 2023
#3	-42.26% Aug 13, 2021 - Feb 18, 2025	-8.86% Feb 26, 2026 - Apr 17, 2026
#4	-37.22% Feb 12, 2020 - Jul 17, 2020	-8.29% Mar 28, 2024 - Aug 30, 2024
#5	-36.19% May 2, 2011 - Mar 7, 2013	-6.87% Dec 2, 2022 - Jan 11, 2023
#6	-25.57% May 21, 2014 - May 2, 2017	-4.24% Aug 30, 2024 - Sep 17, 2024
#7	-23.30% Jan 24, 2018 - Jan 2, 2020	-3.98% Dec 28, 2023 - Feb 9, 2024
#8	-17.84% Mar 7, 2025 - May 13, 2025	-3.89% Nov 1, 2022 - Nov 10, 2022
#9	-14.49% Feb 27, 2026 - Mar 20, 2026	-3.50% May 6, 2026 - May 26, 2026
#10	-12.59% May 21, 2013 - Jul 23, 2013	-3.46% Nov 11, 2024 - Nov 22, 2024
#11	-9.09% Feb 26, 2007 - Mar 21, 2007	-2.80% Apr 20, 2026 - May 6, 2026
#12	-8.75% May 7, 2007 - Jul 6, 2007	-2.67% Oct 18, 2024 - Nov 6, 2024
#13	-8.18% Oct 12, 2020 - Nov 6, 2020	-2.64% Feb 10, 2026 - Feb 26, 2026
#14	-8.16% Sep 18, 2013 - Dec 30, 2013	-2.59% Jan 13, 2023 - Jan 23, 2023
#15	-7.82% Oct 27, 2025 - Dec 10, 2025	-2.33% Jan 21, 2026 - Feb 6, 2026

Correlation

Correlation between EWD and IQSM is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

EWD vs IQSM dividend yield comparison.

Year	EWD	IQSM
2026	0.00%	0.21%
2025	3.27%	1.18%
2024	1.77%	1.22%
2023	2.41%	1.11%
2022	3.68%	0.32%
2021	5.46%	0.00%
2020	0.98%	0.00%
2019	4.15%	0.00%
2018	5.17%	0.00%
2017	3.23%	0.00%
2016	3.91%	0.00%
2015	4.08%	0.00%
2014	3.92%	0.00%
2013	3.47%	0.00%
2012	3.03%	0.00%
2011	4.13%	0.00%
2010	1.77%	0.00%
2009	2.13%	0.00%
2008	8.23%	0.00%
2007	3.61%	0.00%
2006	1.05%	0.00%
2005	1.85%	0.00%
2004	0.70%	0.00%
2003	1.58%	0.00%
2002	1.28%	0.00%
2001	0.35%	0.00%
2000	30.15%	0.00%
1999	3.42%	0.00%