EWH — iShares MSCI Hong Kong ETF
Single Country - Developed Ranked #395 of 458 tracked ETFs · Issued by iShares
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.
What If You'd Invested in EWH?
See what a lump sum in EWH would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares MSCI Hong Kong ETF is a Single Country - Developed fund issued by iShares with $1.21 billion in assets under management. It holds an overall rank of #395 out of 458 tracked ETFs and sits at 17 of 18 within its specific category, earning an ETFValuer grade of D. The fund’s expense ratio of 0.5% aligns with the category median, while its dividend yield of 2.62% significantly exceeds the peer average of 1.52%. Concentration is notable, with the top 10 holdings comprising 68.0% of assets and AIA Group Limited representing the largest single position at 22.9%.
The fund’s price of $23.20 places it at 64.0% of its 52-week range, reflecting a record that spans 3.0 years. Short-term momentum shows acceleration, with returns rising from +0.96% over one day to +8.04% over three months. However, this recent strength contrasts with a longer-term underperformance relative to peers, as the one-year return of +15.87% trails the category median of +27.75%. The ETFValuer grade has remained unchanged at D across the last 35 tracked days, indicating a stable but low-rated performance profile.
With a beta of 0.61, the ETF has exhibited lower sensitivity to market movements compared to the broader index. Annualized volatility of 16.71% is classified as Moderate, contributing to a Sharpe ratio of 0.65. The maximum drawdown of -23.77% highlights the extent of recent peak-to-trough declines. Liquidity is supported by an average daily volume of 2,908,742 shares, though the bid/ask spread of 3.35% suggests higher trading costs for investors.
AI-generated summary based on the data on this page.
EWH Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | AIA Group Limited | 22.85% | $249M |
| 2 | Hong Kong Exchanges and Clearing Limited | 11.19% | $122M |
| 3 | CK HUTCHISON HOLDINGS LIMITED | 6.01% | $66M |
| 4 | BOC HONG KONG (HOLDINGS) LIMITED | 5.05% | $55M |
| 5 | SUN HUNG KAI PROPERTIES LIMITED | 4.47% | $49M |
| 6 | TECHTRONIC INDUSTRIES COMPANY LIMITED | 4.34% | $47M |
| 7 | CLP HOLDINGS LIMITED | 4.07% | $44M |
| 8 | Link Real Estate Investment Trust | 3.50% | $38M |
| 9 | HONG KONG DOLLAR | 3.45% | $38M |
| 10 | CK ASSET HOLDINGS LIMITED | 3.03% | $33M |
Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 68.0% 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 (22.9% of EWH's assets).
| ETF | Name | Shared Companies | EWH Weight | Examples |
|---|---|---|---|---|
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 1 | 22.9% | AIA Group Limited |
| VNQI | Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares | 1 | 4.5% | SUN HUNG KAI PROPERTIES LIMITED |
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: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What EWH's Fees Cost You
EWH charges an expense ratio of 0.50% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
EWH Dividend Income Estimator
EWH currently yields 2.62%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
EWH Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 3.35% and average daily volume is 2.9M/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 $1.21B 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
| Period | Return |
|---|---|
| 1-Day | +0.96% |
| 1-Week | +1.13% |
| 1-Month | +3.16% |
| 3-Month | +8.04% |
| 6-Month | +1.75% |
| YTD | +7.80% |
| 1-Year | +15.87% |
| 3-Year | +50.25% |
How EWH Compares to Other Single Country - Developed ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #28 | B+ |
EWP | iShares MSCI Spain ETF | +36.14% | 0.5% | $2.26B |
| #30 | B+ |
EWC | iShares MSCI Canada ETF | +28.03% | 0.5% | $6.85B |
| #52 | B+ |
DXJ | WisdomTree Japan Hedged Equity Fund | +43.32% | 0.48% | $7.35B |
| #63 | B |
FLJP | Franklin FTSE Japan ETF | +29.28% | 0.09% | $4.12B |
| #72 | B |
BBJP | JPMorgan BetaBuilders Japan ETF | +28.40% | 0.19% | $19.2B |
| #82 | B |
EWJ | iShares MSCI Japan ETF | +30.21% | 0.49% | $22.7B |
| #87 | B |
EWS | iShares MSCI Singapore ETF | +27.47% | 0.5% | $1.25B |
| #115 | B |
HEWJ | iShares Currency Hedged MSCI Japan ETF | +41.12% | 0.49% | $774M |
| #142 | B |
EIS | iShares MSCI Israel ETF | +35.58% | 0.59% | $897M |
| #150 | B |
EWI | iShares MSCI Italy ETF | +26.17% | 0.5% | $1.13B |
| #153 | B |
EWN | iShares MSCI Netherlands ETF | +37.04% | 0.5% | $627M |
| #161 | B |
EWU | iShares MSCI United Kingdom ETF | +21.38% | 0.5% | $3.79B |
| #291 | C |
EWL | iShares MSCI Switzerland ETF | +15.32% | 0.5% | $2.42B |
| #311 | C |
EWD | iShares MSCI Sweden ETF | +19.05% | 0.51% | $756M |
| #356 | C |
EWG | iShares MSCI Germany ETF | +8.30% | 0.49% | $1.82B |
| #391 | D |
EWA | iShares MSCI Australia ETF | +15.91% | 0.5% | $1.33B |
| #395 | D |
EWH | iShares MSCI Hong Kong ETF | +15.87% | 0.5% | $1.21B |
| #399 | D |
EWQ | iShares MSCI France ETF | +10.47% | 0.5% | $338M |