EWH — iShares MSCI Hong Kong ETF

EWH Price Performance — Growth of $10,000

Value of a $10,000 investment in EWH 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.

EWH Drawdown

The "underwater" chart: EWH'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 Hong Kong ETF is a Single Country - Developed fund issued by iShares with $1.17 billion in assets under management. It holds a D grade and ranks 17th out of 18 peers in its category, placing it near the bottom of the group. The expense ratio of 0.5% aligns with the category median, while its 4.76% dividend yield significantly exceeds the 3.49% median. The fund’s portfolio is concentrated, with the top 10 holdings representing 70.5% of assets and AIA Group Limited serving as the largest single position at 20.3%.

Price performance shows a divergence between short-term declines and longer-term gains, with the fund down 3.29% over one month but up 8.37% over the past year. The current price of $21.73 sits at 24.5% of its 52-week range, indicating it is closer to its low than its high. Year-to-date returns are positive at 0.97%, contrasting with the category median 1-year return of +15.82%. The ETFValuer grade has remained unchanged at D across the last 35 tracked days, and price history is available for only 3.0 years.

The fund exhibits a beta of 0.60, suggesting it moves less than the broader market, and has an annualized volatility of 16.58%, which is labeled as Moderate. A Sharpe ratio of 0.20 indicates modest risk-adjusted returns relative to the risk taken. The maximum drawdown of -23.77% highlights the extent of recent losses, while average daily volume of 2,830,546 shares provides substantial liquidity for trading.

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

EWH Top Holdings

Holdings as of 2026-08-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 70.5% 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 EWH's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With EWH

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EWH's top 10 — AAXJ overlaps most, holding 1 of the same companies as EWH's top 10 (20.3% of EWH'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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

EWH Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 2.8M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $1.17B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EWH 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.

EWH Performance History

How EWH Compares to Other Single Country - Developed ETFs