EWS — iShares MSCI Singapore ETF

EWS Price Performance — Growth of $10,000

Value of a $10,000 investment in EWS 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.

EWS Drawdown

The "underwater" chart: EWS'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 Singapore ETF is a single-country developed market fund issued by iShares, managing $1.43 billion in assets. It holds an overall rank of #166 out of 458 tracked ETFs and sits at #10 of 18 within its specific category. The fund carries a B grade with a score of 66.9/100, reflecting a cost structure where the 0.5% expense ratio matches the category median. Income generation is slightly above average, with a dividend yield of 3.81% compared to the category median of 3.49%. Concentration is notable, as the top ten holdings account for 79.3% of assets, led by DBS Group Holdings Ltd at 23.8%.

The fund’s price of $31.08 places it at 55.4% of its 52-week range, indicating a position near the midpoint of recent trading activity. Short-term performance shows weakness, with declines of 0.22% over one day and 0.83% over one week, while the one-month return fell by 6.58%. In contrast, longer horizons demonstrate strength, with a one-year return of 15.79% closely tracking the category median of 15.82% and a three-year return of 102.55%. The rating was upgraded from C to B on 2026-10-16, though price history data is limited to three years. This divergence between recent short-term dips and sustained long-term gains defines the current return profile.

Risk metrics present a mixed picture of stability and moderate volatility. The fund exhibits a beta of 0.46, suggesting it moves less than the broader market, while annualized volatility stands at 15.76%, labeled as moderate. A maximum drawdown of -16.34% indicates the largest peak-to-trough decline recorded during the available history. The Sharpe ratio of 0.68 reflects the risk-adjusted return generated over this period. Liquidity is supported by an average daily volume of 1,357,268 shares, facilitating standard trading activity.

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

EWS Top Holdings

Holdings as of 2026-08-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 79.3% 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 EWS's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With EWS

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EWS's top 10 — AAXJ overlaps most, holding 1 of the same companies as EWS's top 10 (23.8% of EWS'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.

EWS Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 1.4M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $1.43B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EWS 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.

EWS Performance History

How EWS Compares to Other Single Country - Developed ETFs