EWT — iShares MSCI Taiwan ETF

EWT Price Performance — Growth of $10,000

Value of a $10,000 investment in EWT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

EWT Drawdown

The "underwater" chart: EWT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI Taiwan ETF (EWT) is a Single Country - Emerging fund issued by iShares that tracks 22 other ETFs within its specific category. With an asset base of $11.2 billion and a share price of $93.95, the fund demonstrates significant investor adoption relative to its peers. It holds an overall rank of #65 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B with a score of 73.3 out of 100. The fund carries an expense ratio of 0.59% and offers a dividend yield of 0.99%. These metrics position the ETF as a substantial vehicle within the emerging markets sector, balancing cost and income generation against its broad market exposure. The high asset under management suggests strong liquidity and institutional interest compared to smaller funds in the same classification.

Short-term performance shows a decline, with the fund dropping 3.95% over one day and falling 6.59% over one week. This negative momentum extended into the one-month period, which recorded a loss of 8.62%. However, the trend reversed over longer horizons, as the three-month return turned positive at 7.56%. Acceleration became evident in the six-month window, where returns surged to 34.33%. Year-to-date performance reached 45.05%, while the one-year return climbed to 65.35%. The longest available period shows the most significant growth, with a three-year return of 146.22%.

The fund is assigned a High volatility label and exhibits a beta of 1.24, indicating that its price movements tend to be more pronounced than the broader market. Despite this elevated volatility, the Sharpe ratio stands at 2.02, suggesting that the returns generated have been substantial relative to the risk taken. The maximum drawdown recorded for the ETF is -25.66%, representing the largest peak-to-trough decline observed. This combination of high beta and a deep drawdown implies significant price swings during both up and down market conditions. The strong Sharpe ratio indicates that the periods of high volatility have been accompanied by periods of exceptional gains that offset the downside risk.

AI-generated summary based on the data on this page.

EWT Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 59.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how EWT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With EWT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EWT's top 10 — IEMG overlaps most, holding 5 of the same companies as EWT's top 10 (47.0% of EWT's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

EWT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 6.4M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $11.2B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EWT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

EWT Performance History

How EWT Compares to Other Single Country - Emerging ETFs