EWT — iShares MSCI Taiwan ETF

EWT Price Performance — Growth of $10,000

Value of a $10,000 investment in EWT 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.

EWT Drawdown

The "underwater" chart: EWT'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 Taiwan ETF (EWT) operates within the Single Country - Emerging category, where it is one of 22 funds tracked by ETFValuer. Issued by iShares, this fund has accumulated $11.2 billion in assets under management and trades at a price of $98.01. It holds an overall rank of #64 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B with a score of 73.7 out of 100. The fund carries an expense ratio of 0.59% and offers a dividend yield of 0.97%. The substantial asset base and mid-tier ranking suggest significant investor adoption relative to its peers in the emerging markets space. These metrics collectively define the fund's current standing as a widely held vehicle for exposure to Taiwan within the broader emerging market universe.

Short-term performance shows a decline over the last day at -1.83% and a month at -6.41%, contrasting with a modest weekly gain of +0.70%. The fund demonstrates strong momentum over longer horizons, with a three-month return of +16.35% and a year-to-date gain of +51.32%. This acceleration continues into the one-year period, which recorded a return of +71.43%, and extends further to a three-year return of +148.81%. The data indicates a pattern where recent short-term volatility has been overshadowed by robust long-term growth trends. While the one-month period reflects a pullback, the trajectory from the three-month mark through the three-year span highlights significant appreciation. This divergence between recent short-term dips and sustained long-term gains characterizes the fund's return profile.

The fund is assigned a High volatility label and exhibits a beta of 1.24, indicating that its price movements tend to be more pronounced than the broader market. A Sharpe ratio of 2.24 suggests that the returns generated have been substantial relative to the amount of risk taken over the measured period. However, the maximum drawdown of -25.66% illustrates the potential for significant temporary losses during market downturns. This combination of high beta and a deep maximum drawdown implies that the ETF experiences amplified swings in both up and down markets. Despite the elevated volatility and drawdown risk, the high Sharpe ratio indicates that the magnitude of the gains has historically compensated for these fluctuations. Investors should expect a profile characterized by aggressive price movements alongside periods of sharp corrections.

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

EWT Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 54.6% 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 EWT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With EWT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EWT's top 10 — AAXJ overlaps most, holding 4 of the same companies as EWT's top 10 (40.6% of EWT'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: 4.71% (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.

EWT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 3.03% and average daily volume is 6.4M/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 $11.2B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EWT 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.

EWT Performance History

How EWT Compares to Other Single Country - Emerging ETFs