IQHI vs EWK

Comparison between NYLI MACKAY HIGH INCOME ETF (IQHI, ETF) and ISHARES MSCI BELGIUM ETF (EWK, ETF).

IQHI vs EWK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IQHI(ETF)	EWK(ETF)
Net Assets	$113M	$113M
Expense Ratio	0.41%	0.49%
Max Drawdown	7.33%	76.53%
Sharpe Ratio	0.87	1.18
5Y Beta	0.14	0.47
5Y Dividends CAGR	N/A	4.09%

Net Assets

Winner

IQHI

$113M

EWK

$113M

Expense Ratio

Winner

IQHI

0.41%

EWK

0.49%

Max Drawdown

Winner

IQHI

7.33%

EWK

76.53%

Sharpe Ratio

IQHI

0.87

Winner

EWK

1.18

5Y Beta

Winner

IQHI

0.14

EWK

0.47

5Y Dividends CAGR

IQHI

N/A

EWK

4.09%

IQHI vs EWK - Historical Returns

Returns include dividend reinvestment.

Period	IQHI	EWK
1 month	+0.28%	+2.14%
3 months	+0.81%	+5.96%
6 months	+2.21%	+10.25%
1 year	+6.99%	+22.59%
5 years(CAGR)	N/A	+5.92%
10 years(CAGR)	N/A	+6.21%
Max(CAGR)	+8.96%	+5.06%

IQHI

+0.28%

Winner

EWK

+2.14%

IQHI

+0.81%

Winner

EWK

+5.96%

IQHI

+2.21%

Winner

EWK

+10.25%

IQHI

+6.99%

Winner

EWK

+22.59%

5Y(CAGR)

IQHI

N/A

EWK

+5.92%

10Y(CAGR)

IQHI

N/A

EWK

+6.21%

Max(CAGR)

Winner

IQHI

+8.96%

EWK

+5.06%

IQHI vs EWK - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IQHI	EWK
2026	+1.01%	+9.08%
2025	+8.31%	+35.87%
2024	+8.11%	+1.33%
2023	+11.98%	+7.19%
2022	+2.77%	-15.08%
2021	N/A	+11.60%
2020	N/A	-0.97%
2019	N/A	+26.61%
2018	N/A	-20.92%
2017	N/A	+23.57%
2016	N/A	-0.64%
2015	N/A	+13.66%
2014	N/A	+2.19%
2013	N/A	+24.29%
2012	N/A	+31.94%
2011	N/A	-16.35%
2010	N/A	+1.34%
2009	N/A	+44.49%
2008	N/A	-62.08%
2007	N/A	-3.13%
2006	N/A	+30.72%
2005	N/A	+7.66%
2004	N/A	+42.99%
2003	N/A	+37.15%
2002	N/A	-10.75%
2001	N/A	-13.53%
2000	N/A	-20.19%
1999	N/A	+2.80%

IQHI vs EWK Drawdown Comparison

The maximum drawdown for IQHI was -4.19%, occurring on Feb 21, 2023. Recovery took 92 trading sessions.

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

The current IQHI drawdown is -0.37%. The current EWK drawdown is -2.91%.

Rank	IQHI	EWK
#1	-4.19% Feb 2, 2023 - Jun 15, 2023	-74.13% Jul 12, 2007 - Jun 2, 2017
#2	-3.97% Feb 28, 2025 - May 13, 2025	-53.88% Nov 17, 1999 - Aug 26, 2004
#3	-3.40% Sep 1, 2023 - Nov 14, 2023	-42.79% Jan 26, 2018 - Apr 21, 2021
#4	-2.46% Feb 20, 2026 - Apr 14, 2026	-35.17% Jun 15, 2021 - Apr 29, 2025
#5	-2.41% Dec 13, 2022 - Jan 9, 2023	-16.05% May 10, 2006 - Aug 30, 2006
#6	-1.92% Dec 27, 2023 - Feb 1, 2024	-15.47% Feb 17, 2026 - Mar 20, 2026
#7	-1.90% Mar 28, 2024 - May 15, 2024	-9.13% Mar 9, 2005 - Aug 11, 2005
#8	-1.68% Apr 17, 2026 - May 26, 2026	-8.75% Feb 14, 2007 - Apr 3, 2007
#9	-1.60% Oct 28, 2022 - Nov 10, 2022	-6.06% Aug 11, 2005 - Dec 12, 2005
#10	-1.38% Dec 6, 2024 - Jan 24, 2025	-5.86% May 7, 2007 - Jul 12, 2007
#11	-1.18% Jul 31, 2023 - Aug 29, 2023	-5.14% Dec 28, 2004 - Feb 14, 2005
#12	-1.16% Oct 27, 2025 - Nov 28, 2025	-4.38% Jul 23, 2025 - Aug 14, 2025
#13	-1.11% Jun 16, 2023 - Jul 12, 2023	-4.29% Jun 2, 2017 - Jul 20, 2017
#14	-1.08% Sep 22, 2025 - Oct 27, 2025	-4.20% Oct 13, 2017 - Jan 4, 2018
#15	-1.07% May 15, 2024 - Jun 4, 2024	-4.15% Oct 8, 2004 - Oct 26, 2004

Correlation

Correlation between IQHI and EWK is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2000 - 2026)

IQHI vs EWK dividend yield comparison.

Year	IQHI	EWK
2026	2.73%	0.00%
2025	7.88%	1.73%
2024	8.83%	3.25%
2023	6.92%	2.09%
2022	1.29%	2.58%
2021	0.00%	3.64%
2020	0.00%	1.66%
2019	0.00%	2.77%
2018	0.00%	2.78%
2017	0.00%	2.91%
2016	0.00%	1.75%
2015	0.00%	2.06%
2014	0.00%	1.85%
2013	0.00%	4.62%
2012	0.00%	2.70%
2011	0.00%	5.35%
2010	0.00%	1.86%
2009	0.00%	1.81%
2008	0.00%	13.65%
2007	0.00%	2.95%
2006	0.00%	1.72%
2005	0.00%	4.23%
2004	0.00%	1.54%
2003	0.00%	7.76%
2002	0.00%	1.15%
2001	0.00%	2.75%
2000	0.00%	3.10%