iShares MSCI Australia ETF

10-Year Study

EWA.US · · US · ETF

Executive Summary: iShares MSCI Australia ETF has compounded at 8.9% annually over the last 10 years, with a maximum drawdown of 31.4% and an annualized volatility of 16.4%.

1Y CAGR
+21.7%
3Y CAGR
+15.5%
5Y CAGR
+6.7%
10Y CAGR
+8.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
31.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.33
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.46
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
18.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +22.4%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -12.0%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.08.4-7.77.8————————14.3%
20253.1-2.5-2.35.24.63.5-1.14.1-0.3-0.9-3.43.013.4%
2024-3.01.33.1-5.45.61.02.43.44.8-6.54.3-8.21.6%
202311.8-8.00.30.9-5.55.03.6-4.9-3.2-3.68.210.613.8%
2022-8.05.39.9-7.00.4-11.37.2-3.6-10.55.614.3-4.4-5.9%
2021-0.83.21.14.43.3-1.5-0.80.6-4.26.6-7.65.28.9%
2020-1.7-9.6-22.89.76.08.33.34.4-5.10.314.96.38.3%
20197.03.41.11.20.15.5-0.6-3.32.61.31.31.222.4%
20182.6-4.0-3.50.81.72.11.4-1.9-1.6-6.91.0-3.9-12.0%
20175.03.33.0-0.7-4.33.14.7-0.2-0.91.20.34.319.9%
2016———3.2-2.41.47.4-3.23.4-3.00.81.69.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 16.4%. The dominant macroeconomic risk driver is VEA.US, accounting for 40.8% of variance. Idiosyncratic stock-specific factors contribute 12.9%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110315.735151534107
2016-05-0110067.322428298878
2016-06-0110210.099146154567
2016-07-0110966.049479248117
2016-08-0110614.346479842367
2016-09-0110971.288274481594
2016-10-0110645.857442216871
2016-11-0110729.83454789979
2016-12-0110903.574891314547
2017-01-0111448.018640728114
2017-02-0111830.685265692928
2017-03-0112186.37600475401
2017-04-0112105.526538016451
2017-05-0111582.741688299502
2017-06-0111937.415944703345
2017-07-0112499.061708316392
2017-08-0112471.538485597224
2017-09-0112355.894035592532
2017-10-0112499.061708316392
2017-11-0112537.609858317957
2017-12-0113071.419635317301
2018-01-0113409.908360178904
2018-02-0112873.987426891441
2018-03-0112422.669127075971
2018-04-0112518.53126075126
2018-05-0112732.9309104557
2018-06-0113003.158915334814
2018-07-0113181.434335220343
2018-08-0112934.194476589622
2018-09-0112721.358646357865
2018-10-0111847.183561129705
2018-11-0111962.202483345323
2018-12-0111498.295436774779
2019-01-0112298.65824289244
2019-02-0112710.802864917274
2019-03-0112854.205110562036
2019-04-0113003.508732129698
2019-05-0113021.429087720255
2019-06-0113737.446917377369
2019-07-0113658.217648839725
2019-08-0113213.30336109398
2019-09-0113560.701146592744
2019-10-0113731.356144055813
2019-11-0113914.19567091093
2019-12-0114079.114842175492
2020-01-0113842.805066569688
2020-02-0112512.005397422117
2020-03-019663.845552977715
2020-04-0110596.648083724025
2020-05-0111230.953506356622
2020-06-0112163.330995379953
2020-07-0112567.301088519911
2020-08-0113122.766491350643
2020-09-0112447.372210788999
2020-10-0112478.93342293823
2020-11-0114340.991250262063
2020-12-0115245.76041515986
2021-01-0115118.447742444858
2021-02-0115602.237688411231
2021-03-0115780.47483366245
2021-04-0116474.333821494954
2021-05-0117021.78010381883
2021-06-0116770.58641103645
2021-07-0116635.027928895666
2021-08-0116731.855416139082
2021-09-0116021.783696480265
2021-10-0117080.434370215386
2021-11-0115789.396235721595
2021-12-0116607.576199089126
2022-01-0115276.561772018364
2022-02-0116085.872531433079
2022-03-0117677.73879233186
2022-04-0116440.36180252048
2022-05-0116507.24696459815
2022-06-0114637.844863713592
2022-07-0115686.363139322695
2022-08-0115113.817024726095
2022-09-0113534.14424146616
2022-10-0114292.93618219957
2022-11-0116341.685010938492
2022-12-0115623.886480168265
2023-01-0117472.328804299355
2023-02-0116080.725798148871
2023-03-0116122.897393940664
2023-04-0116263.460928791328
2023-05-0115370.868836413245
2023-06-0116145.384338147924
2023-07-0116725.32916147328
2023-08-0115901.948775340748
2023-09-0115400.763437596059
2023-10-0114849.457478152648
2023-11-0116073.78792413029
2023-12-0117780.865845322158
2024-01-0117254.89237256826
2024-02-0117474.049850433803
2024-03-0118014.634318836892
2024-04-0117050.347381726377
2024-05-0118007.328075325062
2024-06-0118191.047513115467
2024-07-0118630.373620734896
2024-08-0119263.299521985897
2024-09-0120186.627350745955
2024-10-0118876.098443348288
2024-11-0119680.284840095796
2024-12-0118066.16130665761
2025-01-0118634.040910548243
2025-02-0118164.59351282708
2025-03-0117748.149563648552
2025-04-0118679.472650924006
2025-05-0119542.64887332305
2025-06-0120234.009808924016
2025-07-0120003.379187286995
2025-08-0120818.27514407909
2025-09-0120756.77384382581
2025-10-0120579.956487066785
2025-11-0119872.68855140516
2025-12-0120478.216412330417
2026-01-0121697.995183436025
2026-02-0123527.66396647171
2026-03-0121705.81428079943
2026-04-0123402.558408657307
Annual Return Matrix
YearAnnual Return
20170.19881963169066608
2018-0.12034838161664874
20190.22445234770595013
20200.08286355968129189
20210.08932422829989628
2022-0.05923138374489667
20230.13805651800477392
20240.016045082608308725
20250.13351231978560585
20260.14280257310720046
Total Factor Risk
0.16398594612019876
VTI.US Exposure
0.0007191710151464206
VEA.US Exposure
0.40783987829510615
VWO.US Exposure
-0.027620171291390203
QQQ.US Exposure
-0.026238934570954373
VTV.US Exposure
0.038375953569892124
IJR.US Exposure
0.20629903386323994
QUAL.US Exposure
-0.019261986895449952
SHV.US Exposure
0.028699176853402963
TLT.US Exposure
0.022197163150253964
LQD.US Exposure
0.057293054620006924
HYG.US Exposure
-0.07663533079737124
GLD.US Exposure
0.06351722516006973
USO.US Exposure
-0.0009446043446576793
VNQ.US Exposure
0.0718241059899445
BTC-USD.CC Exposure
0.024318068312089398
CPER.US Exposure
0.004111023273098512
VIX.INDX Exposure
0.08394299963451526
UUP.US Exposure
0.01873964955742505
TIP.US Exposure
-0.006168255754668034
Idiosyncratic Exposure
0.12899278036030054
Value Score
43.2
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
33.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
16.4%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →17.1x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.80%
Market Cap$56.8B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+11.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.22
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI Australia ETF a high-risk investment?

iShares MSCI Australia ETF (EWA.US) has an annualized volatility of 16.4% and experienced a maximum drawdown of 31.4% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of EWA.US?

Over the past 10 years, EWA.US has generated a Compound Annual Growth Rate (CAGR) of 8.9%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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