EWK vs ALTL

Comparison between ISHARES MSCI BELGIUM ETF (EWK, ETF) and PACER LUNT LARGE CAP ALTERNATOR ETF (ALTL, ETF).

5-Year PerformanceEWK has outperformed ALTL, delivering a return of +6.4% compared to +4.6%

EWK vs ALTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWK(ETF)	ALTL(ETF)
Net Assets	$103M	$104M
Expense Ratio	0.49%	0.60%
Max Drawdown	76.53%	33.20%
Sharpe Ratio	1.35	1.55
5Y Beta	0.47	0.68
P/E Ratio	N/A	35.38
Forward P/E	N/A	20.71
5Y Dividends CAGR	4.09%	4.12%
5Y EPS CAGR	N/A	16.98%
Debt to Equity	N/A	-81.05%
P/S Ratio	N/A	2.85
P/B Ratio	N/A	4.63

Net Assets

EWK

$103M

Winner

ALTL

$104M

Expense Ratio

Winner

EWK

0.49%

ALTL

0.60%

Max Drawdown

EWK

76.53%

Winner

ALTL

33.20%

Sharpe Ratio

EWK

1.35

Winner

ALTL

1.55

5Y Beta

Winner

EWK

0.47

ALTL

0.68

P/E Ratio

EWK

N/A

ALTL

35.38

Forward P/E

EWK

N/A

ALTL

20.71

5Y Dividends CAGR

EWK

4.09%

Winner

ALTL

4.12%

5Y EPS CAGR

EWK

N/A

ALTL

16.98%

Debt to Equity

EWK

N/A

ALTL

-81.05%

P/S Ratio

EWK

N/A

ALTL

2.85

P/B Ratio

EWK

N/A

ALTL

4.63

EWK vs ALTL - Historical Returns

Returns include dividend reinvestment.

Period	EWK	ALTL
1 month	+4.77%	+6.09%
3 months	+12.84%	+9.66%
6 months	+14.48%	+14.26%
1 year	+25.57%	+38.24%
5 years(CAGR)	+6.38%	+4.57%
10 years(CAGR)	+7.16%	N/A
Max(CAGR)	+5.20%	+14.03%

EWK

+4.77%

Winner

ALTL

+6.09%

Winner

EWK

+12.84%

ALTL

+9.66%

Winner

EWK

+14.48%

ALTL

+14.26%

EWK

+25.57%

Winner

ALTL

+38.24%

5Y(CAGR)

Winner

EWK

+6.38%

ALTL

+4.57%

10Y(CAGR)

EWK

+7.16%

ALTL

N/A

Max(CAGR)

EWK

+5.20%

Winner

ALTL

+14.03%

EWK vs ALTL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWK	ALTL
2026	+13.16%	+14.72%
2025	+35.87%	+17.18%
2024	+1.33%	+11.30%
2023	+7.19%	-15.85%
2022	-15.08%	-11.91%
2021	+11.60%	+47.70%
2020	-0.97%	+33.75%
2019	+26.61%	N/A
2018	-20.92%	N/A
2017	+23.57%	N/A
2016	-0.64%	N/A
2015	+13.66%	N/A
2014	+2.19%	N/A
2013	+24.29%	N/A
2012	+31.94%	N/A
2011	-16.35%	N/A
2010	+1.34%	N/A
2009	+44.49%	N/A
2008	-62.08%	N/A
2007	-3.13%	N/A
2006	+30.72%	N/A
2005	+7.66%	N/A
2004	+42.99%	N/A
2003	+37.15%	N/A
2002	-10.75%	N/A
2001	-13.53%	N/A
2000	-20.19%	N/A
1999	+2.80%	N/A

EWK vs ALTL Drawdown Comparison

The maximum drawdown for EWK was -74.13%, occurring on Mar 9, 2009. Recovery took 2491 trading sessions.

The maximum drawdown for ALTL was -31.91%, occurring on Oct 27, 2023. Recovery took 956 trading sessions.

The current ALTL drawdown is -2.80%.

Rank	EWK	ALTL
#1	-74.13% Jul 12, 2007 - Jun 2, 2017	-31.91% Jan 4, 2022 - Oct 27, 2025
#2	-53.88% Nov 17, 1999 - Aug 26, 2004	-9.79% Oct 27, 2025 - Jan 6, 2026
#3	-42.79% Jan 26, 2018 - Apr 21, 2021	-9.60% Jan 14, 2021 - Feb 8, 2021
#4	-35.17% Jun 15, 2021 - Apr 29, 2025	-8.75% Jun 2, 2026 - Jun 10, 2026
#5	-16.05% May 10, 2006 - Aug 30, 2006	-7.66% Mar 15, 2021 - Apr 28, 2021
#6	-15.47% Feb 17, 2026 - Jun 11, 2026	-6.81% Oct 12, 2020 - Nov 9, 2020
#7	-9.13% Mar 9, 2005 - Aug 11, 2005	-6.72% Dec 8, 2021 - Dec 27, 2021
#8	-8.75% Feb 14, 2007 - Apr 3, 2007	-6.61% Mar 2, 2026 - May 8, 2026
#9	-6.06% Aug 11, 2005 - Dec 12, 2005	-6.29% Sep 2, 2021 - Nov 1, 2021
#10	-5.86% May 7, 2007 - Jul 12, 2007	-6.15% May 11, 2026 - May 26, 2026
#11	-5.14% Dec 28, 2004 - Feb 14, 2005	-6.07% Sep 2, 2020 - Oct 12, 2020
#12	-4.38% Jul 23, 2025 - Aug 14, 2025	-5.49% Jul 6, 2020 - Jul 15, 2020
#13	-4.29% Jun 2, 2017 - Jul 20, 2017	-4.92% Nov 24, 2020 - Dec 4, 2020
#14	-4.20% Oct 13, 2017 - Jan 4, 2018	-4.65% Dec 10, 2020 - Jan 6, 2021
#15	-4.15% Oct 8, 2004 - Oct 26, 2004	-4.20% Nov 10, 2020 - Nov 16, 2020

Correlation

Correlation between EWK and ALTL is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2000 - 2026)

EWK vs ALTL dividend yield comparison.

Year	EWK	ALTL
2026	0.00%	0.21%
2025	1.73%	0.95%
2024	3.25%	1.56%
2023	2.09%	1.28%
2022	2.58%	1.23%
2021	3.64%	1.06%
2020	1.66%	0.75%
2019	2.77%	0.00%
2018	2.78%	0.00%
2017	2.91%	0.00%
2016	1.75%	0.00%
2015	2.06%	0.00%
2014	1.85%	0.00%
2013	4.62%	0.00%
2012	2.70%	0.00%
2011	5.35%	0.00%
2010	1.86%	0.00%
2009	1.81%	0.00%
2008	13.65%	0.00%
2007	2.95%	0.00%
2006	1.72%	0.00%
2005	4.23%	0.00%
2004	1.54%	0.00%
2003	7.76%	0.00%
2002	1.15%	0.00%
2001	2.75%	0.00%
2000	3.10%	0.00%