EWN — iShares MSCI Netherlands ETF
Single Country - Developed Ranked #190 of 458 tracked ETFs · Issued by iShares
EWN Price Performance — Growth of $10,000
Value of a $10,000 investment in EWN 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.
EWN Drawdown
The "underwater" chart: EWN'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 EWN?
See what a lump sum in EWN 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 Netherlands ETF (EWN) is a Single Country - Developed fund issued by iShares that tracks one of 18 ETFs in its specific category. With an asset base of $559 million and a share price of $66.48, the fund demonstrates a moderate level of investor adoption relative to its category peers. It holds an overall rank of #190 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of C with a score of 63.4 out of 100. The fund carries an expense ratio of 0.5% and offers a dividend yield of 0.68%. These metrics position the ETF as a mid-tier option within the broader market landscape, balancing cost and income generation against its specific geographic focus.
Recent price action shows a decline over the immediate term, with the fund down 0.92% over one day and 0.58% over one week. This short-term weakness extends to the one-month horizon, where returns sit at -1.69%, contrasting sharply with the positive momentum seen over longer periods. The fund posted a 3-month return of +7.79% and a 6-month return of +8.03%, indicating a recovery trend that has accelerated into the year-to-date period with a gain of +14.48%. Over the past year, the ETF has delivered a robust return of +28.47%, while the three-year cumulative return stands at +62.43%. This trajectory illustrates a clear divergence between recent short-term volatility and sustained long-term growth.
The fund is classified with a Moderate volatility label and exhibits a beta of 1.15, suggesting it tends to move more aggressively than the broader market. A Sharpe ratio of 1.07 indicates that the returns generated have been efficient relative to the risk taken during the measured period. However, the maximum drawdown of -19.77% highlights the potential for significant temporary losses during market downturns. This combination of figures implies a profile where the ETF offers higher potential returns than a passive benchmark but requires investors to withstand larger fluctuations. The moderate volatility rating aligns with the beta reading, confirming that the fund experiences amplified price swings in both up and down market conditions.
AI-generated summary based on the data on this page.
EWN Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | ASML Holding N.V. | 23.17% | $76M |
| 2 | ING Groep N.V. | 8.23% | $27M |
| 3 | Prosus N.V. | 6.29% | $21M |
| 4 | Koninklijke Ahold Delhaize N.V. | 4.19% | $14M |
| 5 | ASM International N.V. | 3.89% | $13M |
| 6 | Adyen N.V. | 2.77% | $9M |
| 7 | AerCap Holdings N.V. | 2.75% | $9M |
| 8 | Heineken N.V. | 2.70% | $9M |
| 9 | Koninklijke Philips N.V. | 2.56% | $8M |
| 10 | Universal Music Group N.V. | 2.43% | $8M |
Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 59.0% 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 EWN's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With EWN
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EWN's top 10 — IDEV overlaps most, holding 1 of the same companies as EWN's top 10 (23.2% of EWN's assets).
| ETF | Name | Shared Companies | EWN Weight | Examples |
|---|---|---|---|---|
| IDEV | iShares Core MSCI International Developed Markets ETF | 1 | 23.2% | ASML Holding N.V. |
| EFA | iShares MSCI EAFE ETF | 1 | 23.2% | ASML Holding N.V. |
| IXUS | iShares Core MSCI Total International Stock ETF | 1 | 23.2% | ASML Holding N.V. |
| DFAX | Dimensional World ex U.S. Core Equity 2 ETF | 1 | 23.2% | ASML Holding N.V. |
| SOXQ | Invesco PHLX Semiconductor ETF | 1 | 23.2% | ASML Holding N.V. |
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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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.
What EWN's Fees Cost You
EWN 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.
EWN Dividend Income Estimator
EWN currently yields 0.68%. 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.
EWN Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.04% and average daily volume is 206K/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 $559M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: EWN 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.
EWN Performance History
| Period | Return |
|---|---|
| 1-Day | -0.92% |
| 1-Week | -0.58% |
| 1-Month | -1.69% |
| 3-Month | +7.79% |
| 6-Month | +8.03% |
| YTD | +14.48% |
| 1-Year | +28.47% |
| 3-Year | +62.43% |
How EWN Compares to Other Single Country - Developed ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #22 | B+ |
EWP | iShares MSCI Spain ETF | +35.63% | 0.5% | $1.89B |
| #25 | B+ |
EWC | iShares MSCI Canada ETF | +26.94% | 0.5% | $5.96B |
| #33 | B+ |
DXJ | WisdomTree Japan Hedged Equity Fund | +48.57% | 0.48% | $7.08B |
| #80 | B |
FLJP | Franklin FTSE Japan ETF | +24.44% | 0.09% | $3.79B |
| #86 | B |
HEWJ | iShares Currency Hedged MSCI Japan ETF | +43.77% | 0.49% | $725M |
| #105 | B |
BBJP | JPMorgan BetaBuilders Japan ETF | +23.08% | 0.19% | $17.6B |
| #120 | B |
EWJ | iShares MSCI Japan ETF | +24.38% | 0.49% | $22.3B |
| #140 | B |
EWI | iShares MSCI Italy ETF | +24.66% | 0.5% | $796M |
| #148 | B |
EWU | iShares MSCI United Kingdom ETF | +19.39% | 0.5% | $3.67B |
| #159 | B |
EWS | iShares MSCI Singapore ETF | +20.72% | 0.5% | $922M |
| #190 | C |
EWN | iShares MSCI Netherlands ETF | +28.47% | 0.5% | $559M |
| #245 | C |
EIS | iShares MSCI Israel ETF | +25.63% | 0.59% | $898M |
| #328 | C |
EWL | iShares MSCI Switzerland ETF | +12.43% | 0.5% | $1.97B |
| #383 | D |
EWD | iShares MSCI Sweden ETF | +12.81% | 0.51% | $285M |
| #390 | D |
EWH | iShares MSCI Hong Kong ETF | +13.65% | 0.5% | $1.13B |
| #392 | D |
EWA | iShares MSCI Australia ETF | +10.45% | 0.5% | $1.45B |
| #399 | D |
EWG | iShares MSCI Germany ETF | -2.93% | 0.49% | $1.58B |
| #401 | D |
EWQ | iShares MSCI France ETF | +4.18% | 0.5% | $381M |