iShares MSCI Hong Kong ETF

10-Year Study

EWH.US · · US · ETF

Executive Summary: iShares MSCI Hong Kong ETF has compounded at 5.3% annually over the last 10 years, with a maximum drawdown of 40.4% and an annualized volatility of 20.9%.

1Y CAGR
+33.4%
3Y CAGR
+12.6%
5Y CAGR
+0.1%
10Y CAGR
+5.3%

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 →
40.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.14
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.23
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
19.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +36.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · -13.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202610.03.6-4.61.3————————10.1%
2025-1.06.6-0.50.18.17.14.22.21.8-0.03.3-1.434.5%
2024-9.74.1-4.83.24.2-6.5-0.36.115.3-4.2-2.4-2.50.0%
20234.9-7.60.81.4-9.03.63.5-9.3-5.5-2.20.26.0-13.9%
20222.2-4.3-0.5-5.33.71.6-4.3-3.8-10.8-11.724.36.4-6.8%
20211.75.01.02.63.0-3.6-2.4-1.2-6.92.3-5.10.7-3.5%
2020-5.80.3-13.26.1-6.29.8-1.27.5-3.4-1.910.74.54.2%
20199.64.61.41.0-6.96.9-4.0-8.1-0.64.8-1.04.310.7%
20184.6-3.8-1.11.61.1-5.42.3-2.5-1.0-10.78.0-1.1-8.8%
20178.02.83.02.93.30.73.61.70.0-0.04.01.936.5%
2016———0.1-0.21.16.70.64.7-2.0-1.9-7.01.6%

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 20.9%. The dominant macroeconomic risk driver is VWO.US, accounting for 72.3% of variance. Idiosyncratic stock-specific factors contribute 19.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110005.080391834164
2016-05-019989.910771146237
2016-06-0110104.255364822222
2016-07-0110785.385644673102
2016-08-0110852.504060735726
2016-09-0111358.25349008608
2016-10-0111131.138508654554
2016-11-0110924.774423447081
2016-12-0110160.49744907086
2017-01-0110968.923744034117
2017-02-0111271.457500017887
2017-03-0111605.26070996687
2017-04-0111944.287421379147
2017-05-0112335.477592609817
2017-06-0112426.638426366517
2017-07-0112877.50531294498
2017-08-0113094.960394410138
2017-09-0113094.960394410138
2017-10-0113089.665338132274
2017-11-0113609.367956322942
2017-12-0113865.319528024442
2018-01-0114508.955085042899
2018-02-0113952.616401794594
2018-03-0113805.356593418386
2018-04-0114023.5272230292
2018-05-0114176.2251973124
2018-06-0113411.94822293618
2018-07-0113716.62862335692
2018-08-0113378.746788977696
2018-09-0113251.307664236188
2018-10-0111838.672515080176
2018-11-0112785.986705115452
2018-12-0112651.392098917375
2019-01-0113862.171116183552
2019-02-0114495.574334719111
2019-03-0114691.777636258254
2019-04-0114843.116069064707
2019-05-0113822.959077801552
2019-06-0114774.065673008809
2019-07-0114186.028206907898
2019-08-0113038.575200532367
2019-09-0112958.648472662482
2019-10-0113575.236309775102
2019-11-0113438.20883988179
2019-12-0114009.43092455976
2020-01-0113191.774058517527
2020-02-0113226.33503395276
2020-03-0111481.613990397344
2020-04-0112178.343219823546
2020-05-0111424.083919486522
2020-06-0112542.414116333817
2020-07-0112389.787696865184
2020-08-0113323.005588431017
2020-09-0112865.197884839681
2020-10-0112618.691548660852
2020-11-0113962.705630648357
2020-12-0114593.532875859551
2021-01-0114842.257411289918
2021-02-0115582.56352278663
2021-03-0115742.488533340964
2021-04-0116151.138079325667
2021-05-0116642.719655392015
2021-06-0116049.60179745694
2021-07-0115665.137778795444
2021-08-0115478.9521512955
2021-09-0114403.769507631321
2021-10-0114740.148690904667
2021-11-0113989.324021666796
2021-12-0114083.490157635255
2022-01-0114399.26155431368
2022-02-0113773.729365380348
2022-03-0113706.968723390552
2022-04-0112978.182937038919
2022-05-0113464.040127940008
2022-06-0113684.643621246056
2022-07-0113099.039018840382
2022-08-0112599.72952280094
2022-09-0111243.622677151832
2022-10-019924.438115818622
2022-11-0112334.690489649596
2022-12-0113124.941861713167
2023-01-0113774.588023155136
2023-02-0112731.390381601826
2023-03-0112837.57772641732
2023-04-0113012.457693215889
2023-05-0111838.028521749087
2023-06-0112268.502286176326
2023-07-0112700.049372822048
2023-08-0111519.538042117163
2023-09-0110884.846836919422
2023-10-0110650.075490329367
2023-11-0110669.109071003842
2023-12-0111304.515824347242
2024-01-0110204.646769657897
2024-02-0110627.678833370303
2024-03-0110120.068978841242
2024-04-0110438.91723254599
2024-05-0110881.483760634834
2024-06-0110172.590212732464
2024-07-0110139.317223959415
2024-08-0110757.693931436177
2024-09-0112406.531523473555
2024-10-0111881.319184561335
2024-11-0111595.386145556802
2024-12-0111305.159817678332
2025-01-0111196.611163982168
2025-02-0111936.201727333224
2025-03-0111881.963177892423
2025-04-0111888.760885276164
2025-05-0112852.318018217857
2025-06-0113768.720528360749
2025-07-0114351.105164110966
2025-08-0114670.024972630283
2025-09-0114940.35906205949
2025-10-0114933.41824504662
2025-11-0115418.774552245748
2025-12-0115205.398095210836
2026-01-0116729.515645460204
2026-02-0117323.420606355496
2026-03-0116522.00668321968
2026-04-0116736.67112691677
Annual Return Matrix
YearAnnual Return
20170.36462998957717097
2018-0.08755134900811246
20190.1073430350608291
20200.04169348165854547
2021-0.03494991394907554
2022-0.06806184299439577
2023-0.13869974103857163
20240.000056967794207052336
20250.3449962973043108
20260.1007058823529412
Total Factor Risk
0.20915846848580769
VTI.US Exposure
-0.05054954621795579
VEA.US Exposure
0.0795095417975187
VWO.US Exposure
0.7231061980695938
QQQ.US Exposure
-0.006517707630321898
VTV.US Exposure
0.07236486177866139
IJR.US Exposure
-0.019378907081760797
QUAL.US Exposure
-0.011662013209369984
SHV.US Exposure
0.03751100556920551
TLT.US Exposure
0.10307705933171983
LQD.US Exposure
-0.05904901043397969
HYG.US Exposure
-0.02143405802926688
GLD.US Exposure
-0.028175535588754977
USO.US Exposure
0.0025661378548670704
VNQ.US Exposure
-0.03037215746543072
BTC-USD.CC Exposure
-0.0013305456310457769
CPER.US Exposure
-0.020008845494746356
VIX.INDX Exposure
-0.0038043909699887564
UUP.US Exposure
0.020236785572465537
TIP.US Exposure
0.020774839795703444
Idiosyncratic Exposure
0.19313628798288657
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
20.9%

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 →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
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 →
+0.3%
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 →
+8.2%
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 →
3.4% 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 →
0.72
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI Hong Kong ETF a high-risk investment?

iShares MSCI Hong Kong ETF (EWH.US) has an annualized volatility of 20.9% and experienced a maximum drawdown of 40.4% over the last 10 years. Its primary macro risk driver is VWO.US.

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

Over the past 10 years, EWH.US has generated a Compound Annual Growth Rate (CAGR) of 5.3%. It has had a positive return in 60% 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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