iShares MSCI Mexico ETF

10-Year Study

EWW.US · · US · ETF

Executive Summary: iShares MSCI Mexico ETF has compounded at 7.5% annually over the last 10 years, with a maximum drawdown of 46.6% and an annualized volatility of 43.4%.

1Y CAGR
+40.1%
3Y CAGR
+13.8%
5Y CAGR
+14.2%
10Y CAGR
+7.5%

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 →
46.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.22
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.28
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
24.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +53.6%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · -28.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20268.47.7-7.15.0————————14.0%
20254.63.10.911.85.62.5-0.73.010.1-2.52.83.353.6%
2024-1.8-2.16.2-5.5-0.9-12.1-0.2-6.21.3-3.3-3.2-3.9-28.2%
202316.6-0.03.32.3-1.74.74.6-5.2-5.6-5.915.48.940.3%
2022-4.13.79.2-10.15.3-9.20.5-5.4-0.014.36.6-6.41.2%
2021-6.51.27.83.75.80.52.14.3-5.60.2-6.313.220.3%
20201.8-9.2-31.93.29.00.32.01.21.42.418.87.2-3.1%
20199.3-3.20.15.9-7.03.1-4.90.62.93.7-1.84.512.6%
20187.8-6.03.20.2-13.46.910.3-3.21.8-17.9-4.23.1-14.6%
20171.92.811.01.2-0.35.64.40.3-3.3-7.8-0.3-0.814.5%
2016———0.6-7.72.2-1.41.6-3.94.8-13.20.1-16.8%

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 43.4%. The dominant macroeconomic risk driver is SHV.US, accounting for 69.2% of variance. Idiosyncratic stock-specific factors contribute 8.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110063.302145172274
2016-05-019288.629765774818
2016-06-019490.732913734222
2016-07-019360.72320466808
2016-08-019509.571400279196
2016-09-019134.613062316746
2016-10-019577.3899518411
2016-11-018313.085985615126
2016-12-018322.360317452649
2017-01-018481.352313511059
2017-02-018721.736232206084
2017-03-019685.131603734852
2017-04-019796.810016278383
2017-05-019770.315375586288
2017-06-0110320.544094134468
2017-07-0110772.08812547398
2017-08-0110804.6207426228
2017-09-0110448.742410263594
2017-10-019629.823739391275
2017-11-019603.039275829256
2017-12-019526.260367205576
2018-01-0110264.559976427738
2018-02-019646.1021239186
2018-03-019957.251126686408
2018-04-019972.732498321442
2018-05-018635.29656125165
2018-06-019227.9843302435
2018-07-0110175.463595832349
2018-08-019854.412311675513
2018-09-0110028.64416031069
2018-10-018237.466368471138
2018-11-017894.895736222545
2018-12-018137.574085971123
2019-01-018892.441902590534
2019-02-018607.884148138128
2019-03-018613.801365065718
2019-04-019119.68718451573
2019-05-018481.400617322714
2019-06-018746.298720432029
2019-07-018320.887051197209
2019-08-018369.287470474295
2019-09-018613.245871231697
2019-10-018933.814117271993
2019-11-018774.532298343662
2019-12-019165.938084174222
2020-01-019334.88066543331
2020-02-018471.812310709436
2020-03-015770.687314936022
2020-04-015957.9611927177175
2020-05-016491.259425281249
2020-06-016513.672393888601
2020-07-016646.483724030663
2020-08-016724.132101264111
2020-09-016816.078406747076
2020-10-016979.538505383459
2020-11-018289.199750752332
2020-12-018885.655217053178
2021-01-018306.90309772344
2021-02-018404.066214865015
2021-03-019059.259116136855
2021-04-019396.178202421952
2021-05-019943.895122764137
2021-06-019997.19837892408
2021-07-0110211.76391029016
2021-08-0110647.150316631483
2021-09-0110053.448167594905
2021-10-0110072.190046516569
2021-11-019438.902923829719
2021-12-0110687.09756886916
2022-01-0110254.126353110525
2022-02-0110632.176135018814
2022-03-0111610.062650043714
2022-04-0110439.975268448434
2022-05-0110997.570318273813
2022-06-019989.252401907035
2022-07-0110034.271554368355
2022-08-019487.544862165074
2022-09-019483.245822927887
2022-10-0110842.587538582671
2022-11-0111556.566178637155
2022-12-0110819.594924235469
2023-01-0112613.743400491732
2023-02-0112611.545577061484
2023-03-0113025.074508629476
2023-04-0113320.452316892326
2023-05-0113095.090883621628
2023-06-0113705.602759113723
2023-07-0114333.7938296711
2023-08-0113590.977814059306
2023-09-0112834.950705960206
2023-10-0112078.89944595528
2023-11-0113939.224144177217
2023-12-0115181.984610405605
2024-01-0114915.709848664159
2024-02-0114597.967375605609
2024-03-0115508.663288620104
2024-04-0114651.68121416461
2024-05-0114521.888872250907
2024-06-0112771.962535563682
2024-07-0112751.674934669096
2024-08-0111966.520628142767
2024-09-0112117.687406713265
2024-10-0111713.843389381855
2024-11-0111341.590064872018
2024-12-0110898.16107389034
2025-01-0111400.931297488685
2025-02-0111759.393883771367
2025-03-0111861.822116383202
2025-04-0113260.748805688256
2025-05-0114005.593581389508
2025-06-0114350.989986619845
2025-07-0114251.459982707232
2025-08-0114678.006791515916
2025-09-0116163.80788608029
2025-10-0115765.687870429854
2025-11-0116213.584963989508
2025-12-0116744.516309782004
2026-01-0118142.911657158867
2026-02-0119548.552576283793
2026-03-0118169.478753568445
2026-04-0119082.42079382484
Annual Return Matrix
YearAnnual Return
20170.14465848675504378
2018-0.14577454611833252
20190.1263723054731949
2020-0.030578743228145577
20210.2027360175261681
20220.012397880202036138
20230.40319343900745785
2024-0.28216492418120154
20250.5364533700917928
20260.13962209721621233
Total Factor Risk
0.4339171202911609
VTI.US Exposure
-0.0676109393536111
VEA.US Exposure
0.05427874037672875
VWO.US Exposure
0.011935616196228302
QQQ.US Exposure
0.08017120188463808
VTV.US Exposure
0.0744923117494577
IJR.US Exposure
0.035995630150542704
QUAL.US Exposure
-0.04280951355377539
SHV.US Exposure
0.6920904780645291
TLT.US Exposure
-0.006841478937816354
LQD.US Exposure
0.021337273821535403
HYG.US Exposure
0.02754383344941278
GLD.US Exposure
0.014516752790956104
USO.US Exposure
0.00032053997281736594
VNQ.US Exposure
0.003807256048293208
BTC-USD.CC Exposure
0.0008980342902104026
CPER.US Exposure
0.007275597915453635
VIX.INDX Exposure
0.010475014727702691
UUP.US Exposure
0.0030984766938257162
TIP.US Exposure
-0.0007670128617573217
Idiosyncratic Exposure
0.07979218657462821
Value Score
45.1
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
35.8
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
43.4%

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 →12.4x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.98%
Market Cap$16.3B
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 →
+2.8%
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 →
+15.8%
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 →
2.7% 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 →
1.38
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI Mexico ETF a high-risk investment?

iShares MSCI Mexico ETF (EWW.US) has an annualized volatility of 43.4% and experienced a maximum drawdown of 46.6% over the last 10 years. Its primary macro risk driver is SHV.US.

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

Over the past 10 years, EWW.US has generated a Compound Annual Growth Rate (CAGR) of 7.5%. It has had a positive return in 70% 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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