EWP vs CET

Comparison between ISHARES MSCI SPAIN ETF (EWP, ETF) and Central Securities Corp (CET, ETF).

5-Year PerformanceEWP has outperformed CET, delivering a return of +21.0% compared to +12.3%

EWP vs CET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWP(ETF)	CET(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.50%	N/A
Max Drawdown	73.65%	73.29%
Sharpe Ratio	1.71	1.32
5Y Beta	0.69	0.66
5Y Dividends CAGR	13.88%	7.95%

Net Assets

EWP

$1.90B

CET

$1.90B

Expense Ratio

EWP

0.50%

CET

N/A

Max Drawdown

EWP

73.65%

Winner

CET

73.29%

Sharpe Ratio

Winner

EWP

1.71

CET

1.32

5Y Beta

EWP

0.69

Winner

CET

0.66

5Y Dividends CAGR

Winner

EWP

13.88%

CET

7.95%

EWP vs CET - Historical Returns

Returns include dividend reinvestment.

Period	EWP	CET
1 month	+3.35%	+3.94%
3 months	+9.76%	+2.95%
6 months	+12.09%	+6.78%
1 year	+39.02%	+20.35%
5 years(CAGR)	+20.97%	+12.25%
10 years(CAGR)	+12.83%	+16.55%
Max(CAGR)	+6.89%	+10.51%

EWP

+3.35%

Winner

CET

+3.94%

Winner

EWP

+9.76%

CET

+2.95%

Winner

EWP

+12.09%

CET

+6.78%

Winner

EWP

+39.02%

CET

+20.35%

5Y(CAGR)

Winner

EWP

+20.97%

CET

+12.25%

10Y(CAGR)

EWP

+12.83%

Winner

CET

+16.55%

Max(CAGR)

EWP

+6.89%

Winner

CET

+10.51%

EWP vs CET - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWP	CET
2026	+15.70%	+9.72%
2025	+78.53%	+18.04%
2024	+6.19%	+27.16%
2023	+29.44%	+18.42%
2022	-6.16%	-19.07%
2021	-0.54%	+51.39%
2020	-5.20%	+3.77%
2019	+11.70%	+37.54%
2018	-16.24%	-4.99%
2017	+25.38%	+30.57%
2016	-0.48%	+23.34%
2015	-16.36%	-3.98%
2014	-3.56%	+10.24%
2013	+30.86%	+26.91%
2012	+3.18%	+0.99%
2011	-9.61%	-2.98%
2010	-21.26%	+26.25%
2009	+31.36%	+24.89%
2008	-36.80%	-37.04%
2007	+19.88%	+10.42%
2006	+44.57%	+20.89%
2005	+5.10%	+14.55%
2004	+27.54%	+16.40%
2003	+55.21%	+34.25%
2002	-15.29%	-30.41%
2001	-11.66%	-1.71%
2000	-17.31%	+16.42%
1999	+10.78%	+12.25%

EWP vs CET Drawdown Comparison

The maximum drawdown for EWP was -61.20%, occurring on Mar 9, 2009. Recovery took 4204 trading sessions.

The maximum drawdown for CET was -56.58%, occurring on Mar 9, 2009. Recovery took 663 trading sessions.

Rank	EWP	CET
#1	-61.20% Dec 10, 2007 - Aug 23, 2024	-56.58% May 16, 2008 - Jan 3, 2011
#2	-47.57% Mar 16, 2000 - Jan 2, 2004	-50.75% Sep 1, 2000 - Dec 1, 2005
#3	-13.47% Feb 17, 2004 - Oct 21, 2004	-39.91% Jan 16, 2020 - Dec 7, 2020
#4	-12.89% May 10, 2006 - Aug 15, 2006	-24.88% Dec 30, 2021 - Mar 7, 2024
#5	-12.19% Apr 3, 2025 - Apr 17, 2025	-22.78% May 31, 2011 - Jul 15, 2013
#6	-11.69% Sep 26, 2024 - Feb 12, 2025	-18.50% Dec 23, 2014 - Jun 6, 2016
#7	-11.38% Feb 25, 2026 - Apr 17, 2026	-16.78% Aug 29, 2018 - Mar 14, 2019
#8	-9.96% Jan 3, 2000 - Mar 2, 2000	-15.46% Jul 17, 2007 - May 15, 2008
#9	-9.86% Feb 20, 2007 - Apr 2, 2007	-15.42% Feb 19, 2025 - Jul 2, 2025
#10	-9.48% Mar 4, 2005 - Aug 9, 2005	-14.88% Mar 28, 2000 - Jun 27, 2000
#11	-9.38% Jul 19, 2007 - Oct 2, 2007	-11.45% Jul 23, 2014 - Dec 23, 2014
#12	-6.87% Sep 29, 2005 - Jan 3, 2006	-9.96% Jan 17, 2018 - Jun 8, 2018
#13	-6.49% Jun 4, 2007 - Jul 12, 2007	-8.08% Mar 2, 2026 - Apr 17, 2026
#14	-6.31% Dec 30, 2004 - Feb 14, 2005	-7.69% Jan 27, 2006 - Oct 12, 2006
#15	-6.03% Apr 17, 2026 - Jun 12, 2026	-7.56% Jul 20, 2000 - Aug 18, 2000

Correlation

Correlation between EWP and CET is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (1999 - 2026)

EWP vs CET dividend yield comparison.

Year	EWP	CET
2026	1.48%	0.56%
2025	2.27%	5.32%
2024	4.35%	4.92%
2023	2.70%	4.90%
2022	3.07%	7.34%
2021	3.29%	8.41%
2020	2.56%	5.68%
2019	3.72%	3.78%
2018	3.69%	5.84%
2017	2.72%	3.65%
2016	4.65%	4.50%
2015	3.85%	10.41%
2014	4.72%	7.97%
2013	2.84%	17.03%
2012	4.64%	4.70%
2011	9.66%	4.89%
2010	5.85%	4.10%
2009	4.26%	3.62%
2008	7.09%	17.08%
2007	1.82%	8.94%
2006	0.71%	8.33%
2005	2.05%	8.40%
2004	1.73%	5.78%
2003	0.98%	6.70%
2002	0.88%	7.68%
2001	0.79%	7.11%
2000	4.14%	13.63%
1999	0.00%	8.81%