Data Source: from January 2011 to December 2022 (~12 years)
Consolidated Returns as of 31 December 2022
Category: Stocks
ETF: iShares MSCI Ireland ETF (EIRL)

In the last 10 Years, the iShares MSCI Ireland ETF (EIRL) ETF obtained a 7.76% compound annual return, with a 19.88% standard deviation.

In 2022, the ETF granted a 0.91% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Ireland ETF (EIRL) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Multi Cap
  • Style: Blend
  • Region: Developed Europe
  • Country: Ireland

Historical Returns as of Dec 31, 2022

Historical returns and Metrics of iShares MSCI Ireland ETF (EIRL) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends
ISHARES MSCI IRELAND ETF (EIRL) ETF
Portfolio Metrics
Data Source: 1 January 2011 - 31 December 2022 (~12 years)
Swipe left to see all data
Metrics as of Dec 31, 2022
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~12Y)
Portfolio
Return (%)
-1.61 23.46 13.81 -18.81 0.40 0.25 7.76 8.62
US Inflation (%) -0.31 0.00 0.16 6.45 4.92 3.78 2.60 2.56
Infl. Adjusted
Return (%)
-1.31 23.47 13.63 -23.73 -4.31 -3.40 5.03 5.91
Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 28.48 28.49 23.81 19.88 20.13
Sharpe Ratio -0.71 -0.01 -0.04 0.36 0.23
Sortino Ratio -1.06 -0.01 -0.05 0.48 0.31
MAXIMUM DRAWDOWN
Drawdown Depth (%) -34.24 -39.15 -39.15 -39.15 -39.15
Start (yyyy mm) 2022 01 2021 09 2021 09 2021 09 2021 09
Bottom (yyyy mm) 2022 09 2022 09 2022 09 2022 09 2022 09
Start to Bottom (# months) 9 13 13 13 13
Start to Recovery (# months) in progress
> 12
> 16
> 16
> 16
> 16
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 76.20 29.42 18.93 14.19
Worst Return (%) -35.46 -6.22 -3.05 6.70
% Positive Periods 64% 92% 94% 100%
MONTHS
Positive 0 2 3 4 20 33 70 82
Negative 1 1 3 8 16 27 50 62
% Positive 0% 67% 50% 33% 56% 55% 58% 57%
WITHDRAWAL RATES (WR)
Safe WR (%) 34.52 18.85 17.05 15.18
Perpetual WR (%) 0.00 0.00 4.79 5.58
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 Ireland ETF (EIRL) 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 IRELAND ETF (EIRL) ETF
Monthly correlations as of 31 December 2022
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Correlation vs EIRL
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 2011
US Total Stock Market
VTI
0.77
0.83
0.76
0.78
US Large Cap
SPY
0.77
0.82
0.76
0.77
US Small Cap
IJR
0.78
0.84
0.73
0.74
US REITs
VNQ
0.65
0.74
0.53
0.55
US Technology
QQQ
0.64
0.67
0.65
0.66
Preferred Stocks
PFF
0.57
0.72
0.62
0.63
EAFE Stocks
EFA
0.86
0.89
0.82
0.84
World All Countries
VT
0.83
0.88
0.81
0.82
Emerging Markets
EEM
0.69
0.74
0.58
0.62
Europe
VGK
0.89
0.90
0.85
0.86
Pacific
VPL
0.80
0.83
0.70
0.72
Latin America
FLLA
0.46
0.61
0.47
0.51
US Total Bond Market
BND
0.67
0.35
0.22
0.15
Long Term Treasuries
TLT
0.44
-0.10
-0.16
-0.27
US Cash
BIL
0.25
-0.17
-0.14
-0.14
TIPS
TIP
0.74
0.48
0.28
0.22
Invest. Grade Bonds
LQD
0.72
0.56
0.41
0.38
High Yield Bonds
HYG
0.83
0.80
0.68
0.68
International Bonds
BNDX
0.71
0.36
0.23
0.19
Emerg. Market Bonds
EMB
0.79
0.73
0.57
0.56
Gold
GLD
0.16
0.18
0.03
0.09
Commodities
DBC
0.29
0.62
0.45
0.48

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 Ireland ETF (EIRL) ETF: Dividend Yield page.

An investment of 1000$, since January 2013, now would be worth 2111.00$, with a total return of 111.10% (7.76% annualized).

The Inflation Adjusted Capital now would be 1633.06$, with a net total return of 63.31% (5.03% annualized).
An investment of 1000$, since January 2011, now would be worth 2697.06$, with a total return of 169.71% (8.62% annualized).

The Inflation Adjusted Capital now would be 1991.73$, with a net total return of 99.17% (5.91% annualized).

Drawdowns

Worst drawdowns since January 2013.

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Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-39.15% Sep 2021 Sep 2022 13 in progress 3 16
-33.66% Feb 2018 Mar 2020 26 Nov 2020 8 34
-17.83% Mar 2014 Oct 2014 8 Jul 2015 9 17
-12.86% Jan 2016 Jun 2016 6 Apr 2017 10 16
-5.33% Aug 2015 Sep 2015 2 Dec 2015 3 5
-4.51% Jan 2021 Jan 2021 1 Feb 2021 1 2
-3.81% Jun 2021 Jun 2021 1 Aug 2021 2 3
-1.11% Jun 2013 Jun 2013 1 Jul 2013 1 2
-0.41% Nov 2017 Nov 2017 1 Dec 2017 1 2
-0.30% Aug 2017 Aug 2017 1 Sep 2017 1 2
-0.17% Jan 2014 Jan 2014 1 Feb 2014 1 2

Worst drawdowns since January 2011.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-39.15% Sep 2021 Sep 2022 13 in progress 3 16
-33.66% Feb 2018 Mar 2020 26 Nov 2020 8 34
-22.42% May 2011 Sep 2011 5 Mar 2012 6 11
-17.83% Mar 2014 Oct 2014 8 Jul 2015 9 17
-12.86% Jan 2016 Jun 2016 6 Apr 2017 10 16
-12.47% Apr 2012 May 2012 2 Nov 2012 6 8
-5.33% Aug 2015 Sep 2015 2 Dec 2015 3 5
-4.51% Jan 2021 Jan 2021 1 Feb 2021 1 2
-3.81% Jun 2021 Jun 2021 1 Aug 2021 2 3
-3.20% Mar 2011 Mar 2011 1 Apr 2011 1 2
-1.11% Jun 2013 Jun 2013 1 Jul 2013 1 2
-0.41% Nov 2017 Nov 2017 1 Dec 2017 1 2
-0.30% Aug 2017 Aug 2017 1 Sep 2017 1 2
-0.17% Jan 2014 Jan 2014 1 Feb 2014 1 2

Rolling Returns ( more details)

iShares MSCI Ireland ETF (EIRL) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
11.10 76.20
Apr 2020 - Mar 2021
-35.46
Oct 2021 - Sep 2022
36.09%
2 Years
11.32 39.80
Jan 2012 - Dec 2013
-16.53
Apr 2018 - Mar 2020
14.88%
3 Years
9.84 29.42
Aug 2012 - Jul 2015
-6.22
Apr 2017 - Mar 2020
8.26%
5 Years
8.71 18.93
Aug 2012 - Jul 2017
-3.05
Oct 2017 - Sep 2022
5.88%
7 Years
8.62 15.91
Oct 2011 - Sep 2018
0.65
Oct 2015 - Sep 2022
0.00%
10 Years
10.73 14.19
Oct 2011 - Sep 2021
6.70
Oct 2012 - Sep 2022
0.00%
(*) 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 Ireland ETF (EIRL) ETF: Rolling Returns page.

Seasonality

iShares MSCI Ireland ETF (EIRL) 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
-0.16
40%
-2.43
40%
-4.13
60%
3.38
80%
2.22
80%
-2.81
40%
2.17
60%
1.24
40%
-4.52
20%
2.73
80%
3.12
60%
2.36
60%
 Capital Growth on monthly avg returns
100
99.84
97.41
93.39
96.54
98.68
95.91
97.99
99.21
94.73
97.31
100.36
102.73
Best 7.9
2019
5.9
2021
7.7
2021
10.3
2020
6.3
2020
3.4
2020
6.9
2022
6.1
2020
3.5
2019
12.8
2022
15.6
2020
9.0
2021
Worst -4.5
2021
-8.5
2020
-22.6
2020
-2.9
2022
-4.6
2019
-14.5
2022
-2.7
2019
-2.2
2019
-12.3
2022
-8.6
2018
-11.5
2021
-6.1
2018
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
-0.09
40%
1.48
60%
-1.21
60%
2.58
70%
1.58
80%
-2.83
30%
2.52
70%
1.25
50%
-2.02
30%
1.15
70%
2.68
70%
2.42
70%
 Capital Growth on monthly avg returns
100
99.91
101.40
100.17
102.76
104.38
101.42
103.97
105.28
103.15
104.34
107.13
109.72
Best 7.9
2019
14.4
2014
7.7
2021
10.3
2020
6.3
2020
3.4
2020
7.6
2013
6.1
2020
5.7
2017
12.8
2022
15.6
2020
9.0
2021
Worst -6.7
2016
-8.5
2020
-22.6
2020
-2.9
2022
-4.6
2019
-14.5
2022
-3.2
2014
-2.2
2019
-12.3
2022
-8.6
2018
-11.5
2021
-6.1
2018
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
0.46
50%
2.72
67%
-0.96
58%
2.92
67%
0.18
67%
-2.12
33%
1.40
58%
0.76
50%
-1.71
33%
1.86
67%
2.30
67%
2.56
67%
 Capital Growth on monthly avg returns
100
100.46
103.20
102.20
105.18
105.37
103.13
104.57
105.37
103.57
105.49
107.92
110.68
Best 7.9
2019
14.4
2014
7.7
2021
11.1
2011
6.3
2020
3.4
2020
7.6
2013
6.1
2020
7.2
2012
12.8
2022
15.6
2020
9.0
2021
Worst -6.7
2016
-8.5
2020
-22.6
2020
-2.9
2022
-10.8
2012
-14.5
2022
-5.5
2011
-8.1
2011
-12.3
2022
-8.6
2018
-11.5
2021
-6.1
2018
Monthly Seasonality over the period Jan 2011 - Dec 2022

Monthly/Yearly Returns

iShares MSCI Ireland ETF (EIRL) ETF data source starts from January 2011: 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 2011 - Dec 2022
82 Positive Months (57%) - 62 Negative Months (43%)
MONTHLY RETURNS TABLE
Jan 2011 - 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
-18.81 -23.73 -2.2 -7.4 -7.5 -2.9 2.5 -14.5 6.9 -1.7 -12.3 12.8 11.2 -1.6
2021
+13.72 +6.24 -4.5 5.9 7.7 5.0 3.9 -3.8 1.5 5.9 -5.7 1.7 -11.5 9.0
2020
+9.62 +8.15 -4.2 -8.5 -22.6 10.3 6.3 3.4 5.7 6.1 -5.6 2.3 15.6 6.6
2019
+28.14 +25.28 7.9 3.9 0.3 3.8 -4.6 2.2 -2.7 -2.2 3.5 5.3 4.3 4.0
2018
-21.91 -23.37 2.2 -6.1 1.4 0.7 3.0 -1.4 -0.5 -1.9 -2.4 -8.6 -4.0 -6.1
2017
+29.82 +27.14 2.7 1.7 2.2 5.2 3.6 0.5 0.9 -0.3 5.7 0.5 -0.4 4.3
2016
-8.51 -10.37 -6.7 -3.7 7.6 -0.5 1.8 -11.0 3.8 4.3 -2.3 -4.7 0.5 3.7
2015
+22.81 +21.92 -1.5 12.7 -2.5 5.4 0.8 -0.1 5.2 -1.5 -3.9 1.3 2.3 3.6
2014
-1.81 -2.55 -0.2 14.4 -4.1 -1.8 -3.8 -2.6 -3.2 1.8 -2.3 -3.3 6.0 -1.3
2013
+45.55 +43.39 5.6 1.9 5.3 0.6 2.4 -1.1 7.6 2.0 5.2 4.0 2.8 2.0
2012
+34.27 +31.97 5.7 11.0 3.7 -1.9 -10.8 3.3 -2.9 4.7 7.2 -0.4 5.3 6.7
2011
-4.85 -7.59 0.7 6.8 -3.2 11.1 -2.9 -0.5 -5.5 -8.1 -7.5 11.2 -4.5 -0.2
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