iShares MSCI Taiwan ETF

10-Year Study

EWT.US · · US · ETF

Executive Summary: iShares MSCI Taiwan ETF has compounded at 17.8% annually over the last 10 years, with a maximum drawdown of 37.5% and an annualized volatility of 20.5%.

1Y CAGR
+69.7%
3Y CAGR
+29.8%
5Y CAGR
+14.2%
10Y CAGR
+17.8%

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 →
37.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.75
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.26
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
19.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +33.4%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -28.9%
% 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.
20267.111.2-6.314.7————————28.0%
2025-0.6-1.2-6.60.010.39.61.70.88.24.8-3.23.028.4%
2024-3.03.85.1-3.16.77.7-1.91.20.10.6-2.00.616.1%
202311.6-2.53.8-3.15.21.81.8-4.8-2.3-2.311.96.429.0%
2022-2.6-1.5-3.9-9.02.1-11.61.7-2.1-14.2-3.322.0-6.8-28.9%
20214.35.62.67.6-3.42.5-0.62.2-4.51.62.65.828.9%
2020-7.7-1.4-11.912.30.48.210.9-1.52.20.69.59.431.5%
20195.3-0.34.23.6-7.75.70.9-1.04.26.81.66.933.4%
20186.7-5.24.6-5.30.9-1.75.00.3-0.6-12.10.5-2.0-9.9%
20177.32.82.61.61.84.02.32.4-3.75.5-2.60.426.8%
2016———-5.82.15.37.00.04.50.4-2.5-2.28.5%

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 20.5%. The dominant macroeconomic risk driver is VWO.US, accounting for 23.3% of variance. Idiosyncratic stock-specific factors contribute 16.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019422.805685147012
2016-05-019624.787530288235
2016-06-0110137.065567248927
2016-07-0110844.152712982052
2016-08-0110844.152712982052
2016-09-0111327.558979180983
2016-10-0111370.836497775848
2016-11-0111089.472351813678
2016-12-0110845.418489988308
2017-01-0111639.301773293313
2017-02-0111960.568032500332
2017-03-0112270.80394922426
2017-04-0112466.51718442974
2017-05-0112695.441997275568
2017-06-0113205.007654937135
2017-07-0113515.183296565525
2017-08-0113840.18661169578
2017-09-0113330.560678938677
2017-10-0114069.11142454161
2017-11-0113699.86618928791
2017-12-0113753.269923932829
2018-01-0114676.262461876004
2018-02-0113920.41276385423
2018-03-0114562.282256217379
2018-04-0113787.445903101756
2018-05-0113912.818101816692
2018-06-0113673.525972538668
2018-07-0114357.166106108281
2018-08-0114406.59168444782
2018-09-0114319.192795920584
2018-10-0112583.450869769631
2018-11-0112648.005497088712
2018-12-0112391.956891251673
2019-01-0113046.42387858185
2019-02-0113011.162947693274
2019-03-0113552.011379938038
2019-04-0114045.784962569167
2019-05-0112964.148373175172
2019-06-0113700.890865912022
2019-07-0113822.405458512654
2019-08-0113677.383578652974
2019-09-0114249.575060576472
2019-10-0115213.675213675215
2019-11-0115460.56200499078
2019-12-0116525.74349330344
2020-01-0115252.070449531662
2020-02-0115035.080105601968
2020-03-0113247.07967162128
2020-04-0114878.364857208302
2020-05-0114938.639952744326
2020-06-0116160.114763781903
2020-07-0117919.966728147265
2020-08-0117658.794739189663
2020-09-0118040.516919219317
2020-10-0118144.973659783253
2020-11-0119872.63872313238
2020-12-0121732.00487022772
2021-01-0122657.287861801262
2021-02-0123930.59925499982
2021-03-0124548.780634817307
2021-04-0126423.938856943092
2021-05-0125531.445517341144
2021-06-0126182.41654913023
2021-07-0126034.983665449116
2021-08-0126595.903704507375
2021-09-0125388.111340156473
2021-10-0125801.658770629154
2021-11-0126485.359179294304
2021-12-0128008.631393680764
2022-01-0127285.390522343976
2022-02-0126877.50895085169
2022-03-0125838.908779670415
2022-04-0123509.396887394072
2022-05-0123992.98397887961
2022-06-0121200.921003459793
2022-07-0121566.790833363473
2022-08-0121121.056501874555
2022-09-0118122.9732499126
2022-10-0117517.509915253217
2022-11-0121369.148795100842
2022-12-0119914.59018962545
2023-01-0122220.474244451678
2023-02-0121665.039239087197
2023-03-0122478.331103154804
2023-04-0121779.139994936893
2023-05-0122909.719961906143
2023-06-0123316.335756392178
2023-07-0123742.8423324051
2023-08-0122612.202090340317
2023-09-0122091.54581510012
2023-10-0121580.774655527835
2023-11-0124149.45812689113
2023-12-0125689.18544235893
2024-01-0124918.990271599585
2024-02-0125856.56938266247
2024-03-0127168.095186430877
2024-04-0126319.843766952374
2024-05-0128083.372512145434
2024-06-0130243.21001048787
2024-07-0129657.21553168662
2024-08-0130025.55664050728
2024-09-0130064.614902414625
2024-10-0130259.966487046884
2024-11-0129662.82111557147
2024-12-0129828.035152435717
2025-01-0129649.379769266936
2025-02-0129280.556459681993
2025-03-0127361.578243101518
2025-04-0127361.578243101518
2025-05-0130185.285643677747
2025-06-0133078.188853929336
2025-07-0133631.45395585452
2025-08-0133896.54382602197
2025-09-0136662.62823526576
2025-10-0138408.73747784891
2025-11-0137175.50902318181
2025-12-0138292.76819403759
2026-01-0141023.23002181959
2026-02-0145610.1647921112
2026-03-0142747.09775414995
2026-04-0149033.79021855749
Annual Return Matrix
YearAnnual Return
20170.2681179556721427
2018-0.098981045250356
20190.33358626392334245
20200.3150394642778984
20210.28881948816659153
2022-0.2889838168201775
20230.28996806852403956
20240.1611125319393052
20250.2837844664706537
20260.2804974028018259
Total Factor Risk
0.20530673198037006
VTI.US Exposure
-0.006800932195204795
VEA.US Exposure
0.21170085365777305
VWO.US Exposure
0.23332738980629758
QQQ.US Exposure
0.16064651286237516
VTV.US Exposure
-0.06371146586973679
IJR.US Exposure
0.04317228508483192
QUAL.US Exposure
0.024569348821335456
SHV.US Exposure
0.2246531423215019
TLT.US Exposure
0.061397289873213155
LQD.US Exposure
0.0037513363098730114
HYG.US Exposure
-0.04356970672370297
GLD.US Exposure
0.006783315374057188
USO.US Exposure
-0.00799055228480776
VNQ.US Exposure
0.04828605679575599
BTC-USD.CC Exposure
-0.0025102922498490394
CPER.US Exposure
0.0071071050885173626
VIX.INDX Exposure
-0.0357550751417778
UUP.US Exposure
-0.01854468503955278
TIP.US Exposure
-0.006909627896689254
Idiosyncratic Exposure
0.16039770140578966
Value Score
43
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
15.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
20.5%

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 →17.6x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.30%
Market Cap$46.3B
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 →
+11.8%
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 →
+27.3%
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 →
0.0% 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 →
0.91
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI Taiwan ETF a high-risk investment?

iShares MSCI Taiwan ETF (EWT.US) has an annualized volatility of 20.5% and experienced a maximum drawdown of 37.5% over the last 10 years. Its primary macro risk driver is VWO.US.

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

Over the past 10 years, EWT.US has generated a Compound Annual Growth Rate (CAGR) of 17.8%. 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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