EZA vs INMU

Comparison between ISHARES MSCI SOUTH AFRICA ETF (EZA, ETF) and BlackRock Intermediate Muni Income Bond ETF (INMU, ETF).

5-Year PerformanceEZA has outperformed INMU, delivering a return of +13.7% compared to +1.4%

EZA vs INMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EZA(ETF)	INMU(ETF)
Net Assets	$537M	$539M
Expense Ratio	0.59%	0.30%
Max Drawdown	68.15%	14.01%
Sharpe Ratio	0.96	0.33
5Y Beta	0.98	0.04
5Y Dividends CAGR	14.29%	55.99%

Net Assets

EZA

$537M

Winner

INMU

$539M

Expense Ratio

EZA

0.59%

Winner

INMU

0.30%

Max Drawdown

EZA

68.15%

Winner

INMU

14.01%

Sharpe Ratio

Winner

EZA

0.96

INMU

0.33

5Y Beta

EZA

0.98

Winner

INMU

0.04

5Y Dividends CAGR

EZA

14.29%

Winner

INMU

55.99%

EZA vs INMU - Historical Returns

Returns include dividend reinvestment.

Period	EZA	INMU
1 month	+16.80%	+0.21%
3 months	+8.22%	+0.13%
6 months	-8.09%	-1.55%
1 year	+31.69%	+4.50%
5 years(CAGR)	+13.75%	+1.38%
10 years(CAGR)	+7.36%	N/A
Max(CAGR)	+9.64%	+1.82%

Winner

EZA

+16.80%

INMU

+0.21%

Winner

EZA

+8.22%

INMU

+0.13%

EZA

-8.09%

Winner

INMU

-1.55%

Winner

EZA

+31.69%

INMU

+4.50%

5Y(CAGR)

Winner

EZA

+13.75%

INMU

+1.38%

10Y(CAGR)

EZA

+7.36%

INMU

N/A

Max(CAGR)

Winner

EZA

+9.64%

INMU

+1.82%

EZA vs INMU - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	EZA	INMU
2026	+4.96%	+0.57%
2025	+73.49%	+5.34%
2024	+9.82%	+2.64%
2023	-1.59%	+5.90%
2022	-6.50%	-7.64%
2021	+7.43%	+2.84%
2020	-6.02%	N/A
2019	+9.97%	N/A
2018	-25.17%	N/A
2017	+34.76%	N/A
2016	+19.57%	N/A
2015	-24.50%	N/A
2014	+6.87%	N/A
2013	-7.68%	N/A
2012	+17.91%	N/A
2011	-15.89%	N/A
2010	+32.24%	N/A
2009	+47.87%	N/A
2008	-38.47%	N/A
2007	+18.24%	N/A
2006	+13.00%	N/A
2005	+24.77%	N/A
2004	+40.73%	N/A
2003	+47.69%	N/A

EZA vs INMU Drawdown Comparison

The maximum drawdown for EZA was -64.67%, occurring on Oct 27, 2008. Recovery took 737 trading sessions.

The maximum drawdown for INMU was -10.67%, occurring on Oct 31, 2022. Recovery took 751 trading sessions.

The current EZA drawdown is -10.74%. The current INMU drawdown is -1.67%.

Rank	EZA	INMU
#1	-64.67% Oct 31, 2007 - Oct 5, 2010	-10.67% Aug 5, 2021 - Aug 1, 2024
#2	-62.32% Jan 26, 2018 - May 23, 2025	-3.63% Feb 28, 2025 - Aug 29, 2025
#3	-45.03% Apr 28, 2015 - Dec 21, 2017	-2.58% Feb 27, 2026 - Mar 30, 2026
#4	-29.56% May 9, 2006 - Feb 22, 2007	-2.07% Dec 10, 2024 - Feb 25, 2025
#5	-25.94% Apr 29, 2011 - May 14, 2014	-2.06% Sep 16, 2024 - Dec 4, 2024
#6	-24.38% Feb 27, 2026 - Jul 23, 2026	-0.79% Aug 5, 2024 - Sep 4, 2024
#7	-20.25% Jul 23, 2007 - Oct 4, 2007	-0.54% Jun 10, 2021 - Jul 6, 2021
#8	-19.16% Apr 6, 2004 - Sep 16, 2004	-0.41% Nov 11, 2025 - Dec 16, 2025
#9	-18.04% Mar 9, 2005 - Aug 10, 2005	-0.33% Sep 18, 2025 - Oct 8, 2025
#10	-17.71% Sep 5, 2014 - Apr 28, 2015	-0.29% Oct 23, 2025 - Nov 11, 2025
#11	-13.68% Feb 1, 2006 - Apr 3, 2006	-0.24% Dec 29, 2025 - Jan 6, 2026
#12	-13.47% Feb 23, 2007 - Apr 2, 2007	-0.23% Jan 15, 2026 - Jan 27, 2026
#13	-13.40% Jan 3, 2011 - Apr 6, 2011	-0.22% Apr 28, 2021 - May 21, 2021
#14	-12.38% Jan 3, 2005 - Feb 24, 2005	-0.19% Aug 29, 2025 - Sep 3, 2025
#15	-11.13% Sep 30, 2005 - Nov 21, 2005	-0.17% Feb 26, 2025 - Feb 28, 2025

Correlation

Correlation between EZA and INMU is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2003 - 2026)

EZA vs INMU dividend yield comparison.

Year	EZA	INMU
2026	2.01%	1.94%
2025	6.16%	3.48%
2024	7.26%	3.47%
2023	2.84%	3.44%
2022	3.90%	1.92%
2021	2.05%	1.14%
2020	5.51%	0.00%
2019	12.27%	0.00%
2018	3.81%	0.00%
2017	1.55%	0.00%
2016	4.10%	0.00%
2015	3.03%	0.00%
2014	2.20%	0.00%
2013	2.44%	0.00%
2012	3.01%	0.00%
2011	3.15%	0.00%
2010	2.43%	0.00%
2009	3.70%	0.00%
2008	6.06%	0.00%
2007	2.01%	0.00%
2006	2.18%	0.00%
2005	2.00%	0.00%
2004	1.52%	0.00%
2003	2.42%	0.00%