iShares MSCI Peru ETF (EPU) Performance
EPU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +18.3% since Dec 31, 2025
- 1 year
- +39.5% total return
- 5 years
- +27.9% a year
- 10 years
- +13.5% a year
- Since first price
- +10.4% a year since 2009
EPU trailing returns vs SPY, QQQ, AGG
| Period | EPU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.0% | −8.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.7% | −1.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.1% | +3.4% | +7.8% | +8.4% | −1.5% |
| YTD | +18.3% | +16.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +39.5% | +36.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +227.3%+48.5%/yr | +191.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +242.4%+27.9%/yr | +176.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +253.4%+13.5%/yr | +154.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +232.0%+8.3%/yr | +117.0% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJun 22, 2009 | +452.7%+10.4%/yr | +244.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EPU vs SPY
From Jun 22, 2009: EPU grew to $55,270, SPY to $115,506.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EPU returns by calendar year
9 of 16 full years positive. Best 2025 (+86.9%), worst 2015 (−35.9%). 2026 is year to date.
EPU annual returns table
| Year | EPU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +18.3% | −20.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +86.9% | −14.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +21.7% | −12.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +25.3% | −15.0% | +26.2% | +54.9% | +5.7% |
| 2022 | +2.1% | −35.6% | −18.2% | −32.6% | −13.0% |
| 2021 | −11.8% | −38.1% | +28.7% | +27.4% | −1.8% |
| 2020 | −4.3% | −43.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +7.3% | −16.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −12.2% | −22.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +29.7% | −12.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +64.0% | −11.3% | +12.0% | +7.1% | +2.4% |
| 2015 | −35.9% | −36.8% | +1.2% | +9.4% | +0.5% |
| 2014 | −3.6% | −18.2% | +13.5% | +19.2% | +6.0% |
| 2013 | −25.4% | −35.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +24.2% | −14.6% | +16.0% | +18.1% | +3.8% |
| 2011 | −21.8% | −31.8% | +1.9% | +3.4% | +7.7% |
| 2010 | +57.7% | −17.3% | +15.1% | +19.9% | +6.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EPU largest drawdowns
Now 11.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2013 | −60.6% | Jan 19, 2016 | Jan 24, 2018 | 3.0 years | 5.0 years |
| Apr 19, 2018 | −51.0% | Mar 23, 2020 | Mar 8, 2024 | 1.9 years | 5.9 years |
| Dec 7, 2010 | −31.9% | Oct 4, 2011 | Jan 14, 2013 | 10 months | 2.1 years |
| Feb 27, 2026 | −20.9% | Mar 20, 2026 | Aug 21, 2026 | 21 days | 6 months |
| Jan 11, 2010 | −17.3% | Feb 8, 2010 | Aug 2, 2010 | 28 days | 7 months |
| Mar 25, 2025 | −14.8% | Apr 8, 2025 | May 6, 2025 | 14 days | 42 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EPU risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | +48.8% | +33.1% | +14.0% | +10.5% |
| Volatility (annualized) | 23.0% | 25.0% | 24.1% | 24.6% |
| Sharpe ratio | 1.68 | 1.14 | 0.58 | 0.48 |
| Sortino ratio | 3.72 | 2.07 | 0.88 | 0.76 |
| Best month | +19.7% | +19.7% | +19.7% | +20.2% |
| Worst month | −14.0% | −14.6% | −26.1% | −26.1% |
| Best 12 months | +134.5% | +134.5% | +134.5% | +134.5% |
| Worst 12 months | +12.4% | −13.6% | −39.6% | −39.6% |
| Positive months | 72% | 65% | 59% | 57% |
| Beta vs S&P 500 | 0.46 | 0.80 | 0.84 | — |
| Correlation with S&P 500 | 0.25 | 0.50 | 0.54 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EPU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 197 | −39.6% | +6.5% | +134.5% | 59% |
| 3-year (a year) | 173 | −23.8% | +2.6% | +54.0% | 60% |
| 5-year (a year) | 149 | −14.8% | +1.8% | +33.4% | 66% |
| 10-year (a year) | 89 | −3.4% | +2.3% | +19.8% | 62% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
EPU performance overview
iShares MSCI Peru ETF (EPU) returned +39.5% over the past year and +13.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +10.4% a year, turning $10,000 into about $55,270. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −60.6%, from Jan 17, 2013 to Jan 19, 2016, and it took 2.0 years to get back to the old high. EPU finished 9 of its 16 full calendar years with a gain; the best year was 2025 (+86.9%) and the worst 2015 (−35.9%). Volatility has been 24.6% a year.
Related: EPU chart, EPU holdings, EPU dividends, EPU valuation. See the EPU overview for the latest quote and fund facts.
EPU performance FAQ
What is the EPU return over the past year?
EPU returned +39.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 36.7%.
What is the average annual return of EPU?
EPU has returned +27.9% a year over 5 years, +13.5% a year over 10 years, +10.4% a year since June 22, 2009 (total return, distributions reinvested).
How much would $10,000 invested in EPU be worth?
$10,000 invested in EPU at its first recorded close on June 22, 2009 would be worth about $55,270 on October 23, 2026 with distributions reinvested.
What was the worst year for EPU?
The worst calendar year was 2015, with a total return of −35.9%. The best was 2025 at +86.9%.
What is the biggest drawdown of EPU?
The largest peak-to-trough decline was −60.6% between January 17, 2013 and January 19, 2016. It recovered to the old high on January 24, 2018, 2.0 years after the bottom.
How volatile is EPU?
Over the past 3 years EPU had an annualized volatility of 23.0% and a Sharpe ratio of 1.68 (excess return over 1–3 month T-bills per unit of risk).