EWS — iShares MSCI Singapore ETF
Single Country - Developed Ranked #159 of 458 tracked ETFs · Issued by iShares
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.
What If You'd Invested in EWS?
See what a lump sum in EWS 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 Singapore ETF (EWS) operates within the Single Country - Developed category, where ETFValuer tracks a total of 18 funds. Issued by iShares, the fund has accumulated assets under management of $922 million and currently trades at a price of $31.65. It holds an overall rank of #159 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 66.3 out of 100. Investors in this fund face an annual expense ratio of 0.5% while receiving a dividend yield of 2.03%. The asset size and trading price suggest a moderate level of investor adoption relative to the broader universe of tracked funds. This positioning places the ETF in the middle tier of its specific category while maintaining a solid overall standing among all tracked options.
Over the last day, the fund posted a return of +0.67%, followed by a +0.54% gain over the one-week period. The one-month return accelerated significantly to +6.75%, which continued to build momentum into a +12.11% gain over three months. This upward trajectory extended further with a six-month return of +14.79% and a year-to-date figure of +16.11%. The one-year return reached +20.72%, demonstrating sustained growth over the past twelve months. The long-term performance shows a marked increase, with the three-year return climbing to +80.35%. This pattern indicates a consistent acceleration in returns as the investment horizon extends from daily fluctuations to multi-year periods.
The fund carries a Moderate volatility label and exhibits a beta of 0.55, suggesting it moves less than the broader market. A Sharpe ratio of 1.01 indicates that the fund has generated a favorable amount of return per unit of risk taken over the measured period. Despite these positive risk-adjusted metrics, the fund experienced a maximum drawdown of -16.34% during the tracked timeframe. This combination of a low beta and moderate volatility implies the fund may offer some downside protection during market declines while still participating in upward trends. The Sharpe ratio of 1.01 suggests that the returns generated have historically compensated investors well for the level of risk assumed. The maximum drawdown figure highlights that despite the lower beta, the fund is still subject to significant temporary losses during adverse market conditions.
AI-generated summary based on the data on this page.
EWS Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | DBS Group Holdings Ltd | 22.55% | $179M |
| 2 | Sea Ltd | 13.95% | $111M |
| 3 | Keppel Ltd | 5.76% | $46M |
| 4 | Yangzijiang Shipbuilding Holdings Ltd | 5.71% | $45M |
| 5 | Singapore Technologies Engineering Ltd | 5.39% | $43M |
| 6 | Oversea-Chinese Banking Corp Ltd | 5.14% | $41M |
| 7 | United Overseas Bank Ltd | 4.86% | $39M |
| 8 | Singapore Airlines Ltd | 4.82% | $38M |
| 9 | Singapore Telecommunications Ltd | 4.79% | $38M |
| 10 | Wilmar International Ltd | 4.72% | $37M |
Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 77.7% 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 — EFAV overlaps most, holding 1 of the same companies as EWS's top 10 (22.6% of EWS's assets).
| ETF | Name | Shared Companies | EWS Weight | Examples |
|---|---|---|---|---|
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | 1 | 22.6% | DBS Group Holdings Ltd |
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 EWS's Fees Cost You
EWS 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.
EWS Dividend Income Estimator
EWS currently yields 2.03%. 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.
EWS Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 4.86% and average daily volume is 936K/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 $922M 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
| Period | Return |
|---|---|
| 1-Day | +0.67% |
| 1-Week | +0.54% |
| 1-Month | +6.75% |
| 3-Month | +12.11% |
| 6-Month | +14.79% |
| YTD | +16.11% |
| 1-Year | +20.72% |
| 3-Year | +80.35% |
How EWS 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 |