Data Source: from January 2008 to December 2022 (~15 years)
Consolidated Returns as of 31 December 2022
Category: Stocks
ETF: iShares MSCI Chile ETF (ECH)

In the last 15 Years, the iShares MSCI Chile ETF (ECH) ETF obtained a -1.71% compound annual return, with a 26.07% standard deviation.

In 2022, the ETF granted a 8.02% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Chile ETF (ECH) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Latin America
  • Country: Chile

Historical Returns as of Dec 31, 2022

Historical returns and Metrics of iShares MSCI Chile ETF (ECH) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends
ISHARES MSCI CHILE ETF (ECH) ETF
Portfolio Metrics
Data Source: 1 January 2008 - 31 December 2022 (~15 years)
Swipe left to see all data
Metrics as of Dec 31, 2022
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~15Y)
Portfolio
Return (%)
2.50 15.78 15.44 25.17 -2.39 -9.13 -5.72 -1.71
US Inflation (%) -0.31 0.00 0.16 6.45 4.92 3.78 2.60 2.33
Infl. Adjusted
Return (%)
2.81 15.79 15.26 17.58 -6.97 -12.44 -8.11 -3.95
Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 39.12 33.86 30.55 25.89 26.07
Sharpe Ratio 0.61 -0.09 -0.33 -0.24 -0.22
Sortino Ratio 0.79 -0.12 -0.49 -0.35 -0.31
MAXIMUM DRAWDOWN
Drawdown Depth (%) -17.83 -34.95 -59.61 -63.33 -68.22
Start (yyyy mm) 2022 06 2020 01 2018 02 2013 02 2011 01
Bottom (yyyy mm) 2022 09 2020 03 2020 03 2020 03 2020 03
Start to Bottom (# months) 4 3 26 86 111
Start to Recovery (# months) in progress
> 7
15
> 59
> 119
> 144
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 86.08 29.17 12.04 5.50
Worst Return (%) -48.72 -20.78 -15.42 -9.34
% Positive Periods 42% 41% 26% 31%
MONTHS
Positive 1 3 5 8 18 27 54 87
Negative 0 0 1 4 18 33 66 93
% Positive 100% 100% 83% 67% 50% 45% 45% 48%
WITHDRAWAL RATES (WR)
Safe WR (%) 26.72 11.64 5.57 5.25
Perpetual WR (%) 0.00 0.00 0.00 0.00
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the ETF
  • Standard Deviation: it's a measure of the dispersion of returns around the mean
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the ETF. It's calculated by dividing the excess return of the ETF over the risk-free rate by the ETF standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the ETF. It's a modification of the Sharpe Ratio (same formula but the denominator is the ETF downside standard deviation).
  • Maximum Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
  • Rolling Returns: returns over a time frame (best, worst, % of positive returns).
  • Pos./Neg. Months: number of months with positive/negative return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
  • Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).

Correlations as of Dec 31, 2022

Monthly correlations of iShares MSCI Chile ETF (ECH) ETF vs the main Asset Classes, over different timeframes.

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1.

If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.

Asset correlations are calculated based on monthly returns.

Columns are sortable (click on table header to sort).

ISHARES MSCI CHILE ETF (ECH) ETF
Monthly correlations as of 31 December 2022
Swipe left to see all data
Correlation vs ECH
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 2008
US Total Stock Market
VTI
0.60
0.55
0.47
0.51
US Large Cap
SPY
0.62
0.55
0.48
0.51
US Small Cap
IJR
0.51
0.57
0.43
0.46
US REITs
VNQ
0.46
0.40
0.30
0.35
US Technology
QQQ
0.59
0.45
0.39
0.45
Preferred Stocks
PFF
0.65
0.50
0.43
0.34
EAFE Stocks
EFA
0.64
0.61
0.56
0.57
World All Countries
VT
0.66
0.60
0.56
0.58
Emerging Markets
EEM
0.59
0.66
0.67
0.67
Europe
VGK
0.62
0.59
0.53
0.56
Pacific
VPL
0.63
0.61
0.57
0.56
Latin America
FLLA
0.82
0.73
0.71
0.73
US Total Bond Market
BND
0.54
0.18
0.17
0.15
Long Term Treasuries
TLT
0.40
-0.16
-0.11
-0.22
US Cash
BIL
-0.03
-0.15
-0.07
-0.05
TIPS
TIP
0.48
0.19
0.22
0.26
Invest. Grade Bonds
LQD
0.60
0.37
0.33
0.31
High Yield Bonds
HYG
0.62
0.58
0.52
0.51
International Bonds
BNDX
0.41
0.20
0.15
0.23
Emerg. Market Bonds
EMB
0.65
0.52
0.50
0.49
Gold
GLD
0.12
0.14
0.17
0.28
Commodities
DBC
0.54
0.43
0.40
0.46

Capital Growth as of Dec 31, 2022

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the iShares MSCI Chile ETF (ECH) ETF: Dividend Yield page.

An investment of 1000$, since January 2008, now would be worth 772.47$, with a total return of -22.75% (-1.71% annualized).

The Inflation Adjusted Capital now would be 546.66$, with a net total return of -45.33% (-3.95% annualized).
An investment of 1000$, since January 2008, now would be worth 772.47$, with a total return of -22.75% (-1.71% annualized).

The Inflation Adjusted Capital now would be 546.66$, with a net total return of -45.33% (-3.95% annualized).

Drawdowns

Worst drawdowns since January 2008.

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Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-68.22% Jan 2011 Mar 2020 111 in progress 33 144
-43.47% Apr 2008 Nov 2008 8 Dec 2009 13 21
-3.19% Mar 2010 Mar 2010 1 Jun 2010 3 4
-1.77% Jan 2008 Jan 2008 1 Feb 2008 1 2

Worst drawdowns since January 2008.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-68.22% Jan 2011 Mar 2020 111 in progress 33 144
-43.47% Apr 2008 Nov 2008 8 Dec 2009 13 21
-3.19% Mar 2010 Mar 2010 1 Jun 2010 3 4
-1.77% Jan 2008 Jan 2008 1 Feb 2008 1 2

Rolling Returns ( more details)

iShares MSCI Chile ETF (ECH) ETF: annualized rolling and average returns

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Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
1.60 86.08
Jan 2009 - Dec 2009
-48.72
Apr 2019 - Mar 2020
57.99%
2 Years
0.13 65.17
Jan 2009 - Dec 2010
-34.71
Apr 2018 - Mar 2020
54.14%
3 Years
-2.15 29.17
Nov 2008 - Oct 2011
-20.78
Nov 2017 - Oct 2020
58.62%
5 Years
-3.16 12.04
Nov 2008 - Oct 2013
-15.42
Jan 2011 - Dec 2015
74.38%
7 Years
-3.44 3.47
Nov 2008 - Oct 2015
-12.97
Apr 2013 - Mar 2020
90.72%
10 Years
-3.21 5.50
Dec 2008 - Nov 2018
-9.34
Nov 2010 - Oct 2020
68.85%
15 Years
-1.71 -1.71
Jan 2008 - Dec 2022
-1.71
Jan 2008 - Dec 2022
100.00%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares MSCI Chile ETF (ECH) ETF: Rolling Returns page.

Seasonality

iShares MSCI Chile ETF (ECH) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
5.03
60%
-3.14
20%
-0.88
40%
-0.61
40%
-2.06
20%
-1.54
60%
2.30
60%
-3.01
40%
-3.62
40%
-3.96
20%
3.21
80%
3.41
60%
 Capital Growth on monthly avg returns
100
105.03
101.73
100.84
100.22
98.16
96.65
98.88
95.90
92.43
88.77
91.62
94.75
Best 13.9
2022
4.9
2021
11.7
2022
16.1
2020
19.7
2022
8.1
2019
9.8
2022
5.0
2022
4.9
2019
2.8
2022
12.5
2020
12.9
2020
Worst -8.0
2020
-12.1
2020
-19.6
2020
-12.7
2022
-9.9
2019
-17.6
2022
-5.8
2019
-10.1
2018
-13.6
2022
-8.4
2018
-13.1
2019
-6.1
2021
Monthly Seasonality over the period Jan 2018 - Dec 2022
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.82
60%
0.45
50%
1.47
50%
0.14
50%
-2.73
20%
-1.55
40%
0.51
50%
-1.90
30%
-1.77
50%
-0.07
50%
-1.68
40%
2.80
50%
 Capital Growth on monthly avg returns
100
101.82
102.28
103.78
103.92
101.09
99.52
100.03
98.12
96.38
96.32
94.70
97.35
Best 13.9
2022
8.4
2015
11.7
2022
16.1
2020
19.7
2022
8.1
2019
9.8
2022
5.9
2017
6.0
2013
8.3
2016
12.5
2020
16.2
2017
Worst -14.5
2014
-12.1
2020
-19.6
2020
-12.7
2022
-9.9
2019
-17.6
2022
-9.6
2013
-10.1
2018
-13.6
2022
-8.4
2018
-13.1
2019
-6.1
2021
Monthly Seasonality over the period Jan 2013 - Dec 2022
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.90
60%
1.04
53%
1.71
60%
1.11
53%
-1.54
20%
-1.02
47%
0.93
53%
-1.75
27%
-1.96
53%
-0.28
53%
-1.37
40%
2.94
60%
 Capital Growth on monthly avg returns
100
101.90
102.96
104.71
105.88
104.26
103.19
104.16
102.34
100.33
100.05
98.69
101.58
Best 13.9
2022
9.1
2012
11.7
2022
16.1
2020
19.7
2009
8.1
2019
10.5
2010
8.0
2010
9.4
2010
18.2
2011
12.5
2020
16.2
2017
Worst -14.5
2014
-12.1
2020
-19.6
2020
-12.7
2022
-11.6
2012
-17.6
2022
-9.6
2013
-10.1
2018
-21.3
2011
-23.7
2008
-13.1
2019
-6.1
2021
Monthly Seasonality over the period Jan 2008 - Dec 2022

Monthly/Yearly Returns

iShares MSCI Chile ETF (ECH) ETF data source starts from January 2008: let's focus on monthly and yearly returns.

We are providing two different views:
  • Histogram: it shows the distribution of the returns recorded so far
  • Plain Table: it shows the detailed monthly and yearly returns
MONTHLY RETURNS HISTOGRAM
Jan 2008 - Dec 2022
87 Positive Months (48%) - 93 Negative Months (52%)
MONTHLY RETURNS TABLE
Jan 2008 - Dec 2022
(Scroll down to see all data)
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
+25.17 +17.58 13.9 -1.1 11.7 -12.7 19.7 -17.6 9.8 5.0 -13.6 2.8 9.9 2.5
2021
-20.02 -25.28 -0.9 4.9 9.0 -6.9 -7.8 0.2 -5.6 4.5 -9.0 -5.7 3.1 -6.1
2020
-7.11 -8.36 -8.0 -12.1 -19.6 16.1 -5.1 7.5 8.4 -7.2 -5.0 -0.8 12.5 12.9
2019
-17.79 -19.63 12.8 -3.4 -4.3 -1.0 -9.9 8.1 -5.8 -7.2 4.9 -7.8 -13.1 11.4
2018
-18.96 -20.48 7.3 -4.0 -1.3 1.4 -7.2 -6.0 4.7 -10.1 4.5 -8.4 3.7 -3.6
2017
+41.82 +38.89 3.9 3.6 8.1 -1.4 -0.1 -1.3 9.1 5.9 1.0 5.2 -12.2 16.2
2016
+19.47 +17.04 2.2 1.7 11.2 3.3 -7.7 6.5 4.5 -5.0 1.0 8.3 -6.3 -0.1
2015
-18.51 -19.10 -4.5 8.4 -2.5 4.8 -2.3 -6.2 -6.3 -1.9 -5.9 5.9 -7.0 -1.3
2014
-14.75 -15.39 -14.5 7.8 4.0 1.1 1.8 -1.9 -4.1 -0.3 -1.7 0.0 -2.3 -4.1
2013
-23.91 -25.04 5.9 -1.3 -1.8 -3.3 -8.8 -4.9 -9.6 -2.7 6.0 -0.3 -5.1 0.2
2012
+11.33 +9.43 7.8 9.1 0.6 -1.4 -11.6 4.8 -0.4 -1.9 3.4 -0.9 -2.4 5.4
2011
-26.44 -28.56 -10.4 -2.1 2.8 8.9 -1.6 -0.8 -7.7 -2.9 -21.3 18.2 -6.4 -1.8
2010
+46.62 +44.46 1.8 1.8 -3.2 2.7 -1.8 3.2 10.5 8.0 9.4 2.5 1.0 3.9
2009
+86.08 +81.15 12.8 -0.4 3.0 7.1 19.7 3.3 2.8 -4.4 7.6 0.5 6.8 7.0
2008
-37.68 -37.74 -1.8 2.7 7.7 -2.0 -0.4 -10.3 3.7 -6.0 -10.8 -23.7 -2.7 1.5
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