EZA vs LQDH

Comparison between ISHARES MSCI SOUTH AFRICA ETF (EZA, ETF) and ISHARES INTEREST RATE HEDGED CORPORATE BOND ETF (LQDH, ETF).

5-Year PerformanceEZA has outperformed LQDH, delivering a return of +13.7% compared to +5.4%

EZA vs LQDH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EZA(ETF)	LQDH(ETF)
Net Assets	$537M	$537M
Expense Ratio	0.59%	0.24%
Max Drawdown	68.15%	28.17%
Sharpe Ratio	0.96	0.64
5Y Beta	0.98	0.14
5Y Dividends CAGR	14.29%	25.99%

Net Assets

Winner

EZA

$537M

LQDH

$537M

Expense Ratio

EZA

0.59%

Winner

LQDH

0.24%

Max Drawdown

EZA

68.15%

Winner

LQDH

28.17%

Sharpe Ratio

Winner

EZA

0.96

LQDH

0.64

5Y Beta

EZA

0.98

Winner

LQDH

0.14

5Y Dividends CAGR

EZA

14.29%

Winner

LQDH

25.99%

EZA vs LQDH - Historical Returns

Returns include dividend reinvestment.

Period	EZA	LQDH
1 month	+16.80%	+0.90%
3 months	+8.22%	+0.53%
6 months	-8.09%	+2.63%
1 year	+31.69%	+5.42%
5 years(CAGR)	+13.75%	+5.37%
10 years(CAGR)	+7.36%	+4.51%
Max(CAGR)	+9.64%	+3.52%

Winner

EZA

+16.80%

LQDH

+0.90%

Winner

EZA

+8.22%

LQDH

+0.53%

EZA

-8.09%

Winner

LQDH

+2.63%

Winner

EZA

+31.69%

LQDH

+5.42%

5Y(CAGR)

Winner

EZA

+13.75%

LQDH

+5.37%

10Y(CAGR)

Winner

EZA

+7.36%

LQDH

+4.51%

Max(CAGR)

Winner

EZA

+9.64%

LQDH

+3.52%

EZA vs LQDH - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	EZA	LQDH
2026	+4.96%	+2.65%
2025	+73.49%	+7.00%
2024	+9.82%	+7.80%
2023	-1.59%	+10.83%
2022	-6.50%	-2.00%
2021	+7.43%	+2.60%
2020	-6.02%	+2.05%
2019	+9.97%	+9.32%
2018	-25.17%	-1.83%
2017	+34.76%	+6.03%
2016	+19.57%	+5.89%
2015	-24.50%	-2.14%
2014	+6.87%	-1.86%
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 LQDH Drawdown Comparison

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

The maximum drawdown for LQDH was -24.63%, occurring on Mar 20, 2020. Recovery took 225 trading sessions.

The current EZA drawdown is -10.74%.

Rank	EZA	LQDH
#1	-64.67% Oct 31, 2007 - Oct 5, 2010	-24.63% Dec 31, 2019 - Nov 19, 2020
#2	-62.32% Jan 26, 2018 - May 23, 2025	-9.64% Jul 16, 2014 - Dec 13, 2016
#3	-45.03% Apr 28, 2015 - Dec 21, 2017	-7.08% Nov 5, 2021 - Jan 26, 2023
#4	-29.56% May 9, 2006 - Feb 22, 2007	-4.86% Feb 19, 2025 - Jun 4, 2025
#5	-25.94% Apr 29, 2011 - May 14, 2014	-4.56% Oct 1, 2018 - Apr 8, 2019
#6	-24.38% Feb 27, 2026 - Jul 23, 2026	-2.94% Feb 2, 2023 - Jun 2, 2023
#7	-20.25% Jul 23, 2007 - Oct 4, 2007	-2.55% Jul 24, 2019 - Oct 18, 2019
#8	-19.16% Apr 6, 2004 - Sep 16, 2004	-2.44% Feb 1, 2018 - Aug 3, 2018
#9	-18.04% Mar 9, 2005 - Aug 10, 2005	-2.35% Jan 22, 2026 - Apr 15, 2026
#10	-17.71% Sep 5, 2014 - Apr 28, 2015	-2.20% Apr 26, 2019 - Jul 1, 2019
#11	-13.68% Feb 1, 2006 - Apr 3, 2006	-1.96% Feb 18, 2021 - Mar 31, 2021
#12	-13.47% Feb 23, 2007 - Apr 2, 2007	-1.81% Jul 10, 2024 - Aug 19, 2024
#13	-13.40% Jan 3, 2011 - Apr 6, 2011	-1.38% Sep 19, 2023 - Nov 10, 2023
#14	-12.38% Jan 3, 2005 - Feb 24, 2005	-1.22% Jul 21, 2017 - Sep 21, 2017
#15	-11.13% Sep 30, 2005 - Nov 21, 2005	-1.17% Dec 27, 2016 - Feb 21, 2017

Correlation

Correlation between EZA and LQDH is 0.70 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.70

-101

Dividend Comparison (2003 - 2026)

EZA vs LQDH dividend yield comparison.

Year	EZA	LQDH
2026	2.01%	3.37%
2025	6.16%	6.06%
2024	7.26%	7.57%
2023	2.84%	7.69%
2022	3.90%	3.73%
2021	2.05%	1.65%
2020	5.51%	2.22%
2019	12.27%	3.09%
2018	3.81%	5.08%
2017	1.55%	2.37%
2016	4.10%	2.33%
2015	3.03%	2.98%
2014	2.20%	2.19%
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%