EWQ — iShares MSCI France ETF
Single Country - Developed Ranked #401 of 458 tracked ETFs · Issued by iShares
EWQ Price Performance — Growth of $10,000
Value of a $10,000 investment in EWQ 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.
EWQ Drawdown
The "underwater" chart: EWQ'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 EWQ?
See what a lump sum in EWQ 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 France ETF (EWQ) operates within the Single Country - Developed category, where ETFValuer tracks a total of 18 funds. Issued by iShares, this fund holds $381 million in assets under management and trades at a price of $44.95. It carries an overall rank of #401 out of 458 tracked ETFs across all categories, resulting in an ETFValuer grade of D with a score of 44.5 out of 100. The fund charges an expense ratio of 0.5% and offers a dividend yield of 1.33%. The combination of a mid-tier asset size and a lower overall ranking suggests a specific level of investor adoption relative to the broader universe of tracked funds.
Over the most recent trading day, the fund posted a return of +0.58%, though it declined by -0.42% over the following week. Monthly performance showed a gain of +0.25%, which accelerated to +1.82% over the three-month period and +1.91% over six months. Year-to-date returns stand at +1.57%, while the one-year return reached +4.18%. A significant acceleration in performance is evident when comparing the one-year return of +4.18% to the three-year annualized return of +25.34%. This data indicates a divergence between recent shorter-term gains and the stronger cumulative performance observed over the longer three-year horizon.
The fund is assigned a Moderate volatility label and exhibits a beta of 0.88, indicating price movements that are generally less sensitive than the broader market. Despite the lower beta, the fund recorded a maximum drawdown of -15.16%, reflecting substantial potential for capital loss during downturns. The Sharpe ratio of -0.05 suggests that the risk-adjusted returns have been negative over the measured period. This combination of moderate volatility, a beta below one, a significant drawdown, and a negative Sharpe ratio implies that the fund has experienced periods of decline that were not sufficiently compensated by the returns generated during those same intervals.
AI-generated summary based on the data on this page.
EWQ Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Schneider Electric SE | 7.68% | $29M |
| 2 | LVMH Moet Hennessy Louis Vuitton SE | 6.85% | $26M |
| 3 | TotalEnergies SE | 6.82% | $26M |
| 4 | Safran SA | 6.22% | $24M |
| 5 | Airbus SE | 5.53% | $21M |
| 6 | Air Liquide SA | 5.22% | $20M |
| 7 | BNP Paribas SA | 4.84% | $19M |
| 8 | L'Oreal SA | 4.83% | $18M |
| 9 | Sanofi SA | 4.63% | $18M |
| 10 | AXA SA | 3.64% | $14M |
Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 56.3% 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 EWQ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With EWQ
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EWQ's top 10 — EZU overlaps most, holding 3 of the same companies as EWQ's top 10 (21.4% of EWQ's assets).
| ETF | Name | Shared Companies | EWQ Weight | Examples |
|---|---|---|---|---|
| EZU | iShares MSCI Eurozone ETF | 3 | 21.4% | Schneider Electric SE, LVMH Moet Hennessy Louis Vuitton SE, TotalEnergies SE |
| FEZ | State Street SPDR EURO STOXX 50 ETF | 3 | 21.4% | TotalEnergies SE, Schneider Electric SE, LVMH Moet Hennessy Louis Vuitton SE |
| ESGD | iShares ESG Aware MSCI EAFE ETF | 1 | 7.7% | Schneider Electric SE |
| VIGI | Vanguard International Dividend Appreciation Index Fund ETF Shares | 1 | 7.7% | Schneider Electric SE |
| EFG | iShares MSCI EAFE Growth ETF | 1 | 7.7% | Schneider Electric SE |
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 EWQ's Fees Cost You
EWQ 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.
EWQ Dividend Income Estimator
EWQ currently yields 1.33%. 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.
EWQ Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.02% and average daily volume is 335K/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 $381M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: EWQ 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.
EWQ Performance History
| Period | Return |
|---|---|
| 1-Day | +0.58% |
| 1-Week | -0.42% |
| 1-Month | +0.25% |
| 3-Month | +1.82% |
| 6-Month | +1.91% |
| YTD | +1.57% |
| 1-Year | +4.18% |
| 3-Year | +25.34% |
How EWQ 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 |