iShares MSCI Taiwan ETF (EWT) Performance
EWT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +65.1% since Dec 31, 2025
- 1 year
- +67.0% total return
- 5 years
- +20.0% a year
- 10 years
- +18.7% a year
- Since first price
- +7.4% a year since 2000
EWT trailing returns vs SPY, QQQ, AGG
| Period | EWT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.8% | −6.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.1% | +5.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +24.5% | +24.5% | +7.8% | +8.4% | −1.5% |
| YTD | +65.1% | +65.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +67.0% | +59.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +189.1%+42.5%/yr | +137.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +148.8%+20.0%/yr | +69.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +456.8%+18.7%/yr | +233.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +695.5%+14.8%/yr | +317.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +788.4%+11.5%/yr | +296.1% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 23, 2000 | +550.9%+7.4%/yr | +170.7% | — | — | — |
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: EWT vs SPY
From Jun 23, 2000: EWT grew to $65,093, SPY to $83,807.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EWT returns by calendar year
19 of 25 full years positive. Best 2009 (+73.8%), worst 2008 (−45.4%). 2026 is year to date.
EWT annual returns table
| Year | EWT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +65.1% | −19.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +28.4% | −23.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.1% | −16.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +29.0% | −11.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −28.9% | −38.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.9% | −13.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +31.5% | −29.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +33.4% | −11.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.9% | −19.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +26.8% | −6.2% | +21.7% | +32.7% | +3.6% |
| 2016 | +17.7% | −11.8% | +12.0% | +7.1% | +2.4% |
| 2015 | −12.9% | −29.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +6.9% | −10.4% | +13.5% | +19.2% | +6.0% |
| 2013 | +7.9% | −12.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +18.7% | −16.6% | +16.0% | +18.1% | +3.8% |
| 2011 | −21.8% | −29.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +22.8% | −18.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +73.8% | −18.0% | +26.4% | +54.7% | +3.0% |
| 2008 | −45.4% | −61.9% | −36.8% | −41.7% | +7.9% |
| 2007 | +6.4% | −23.9% | +5.1% | +19.0% | +6.6% |
| 2006 | +18.8% | −22.2% | +15.8% | +7.1% | +3.9% |
| 2005 | +4.6% | −17.0% | +4.8% | +1.6% | +2.3% |
| 2004 | +8.0% | −28.5% | +10.7% | +10.5% | +3.8% |
| 2003 | +38.2% | −21.1% | +28.2% | +49.7% | — |
| 2002 | −24.4% | −47.3% | −21.6% | −37.4% | — |
| 2001 | +2.1% | −50.9% | −11.8% | −33.3% | — |
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.
EWT largest drawdowns
Now 11.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 17, 2000 | −64.3% | Oct 7, 2002 | Oct 26, 2007 | 2.2 years | 7.3 years |
| Oct 29, 2007 | −62.9% | Nov 20, 2008 | Jan 27, 2011 | 1.1 years | 3.2 years |
| Jan 4, 2022 | −38.9% | Oct 24, 2022 | May 15, 2024 | 10 months | 2.4 years |
| Apr 27, 2015 | −31.3% | Jan 15, 2016 | Feb 10, 2017 | 9 months | 1.8 years |
| Jan 13, 2020 | −29.5% | Mar 19, 2020 | Jul 6, 2020 | 2 months | 6 months |
| Feb 7, 2011 | −29.1% | Dec 19, 2011 | Apr 9, 2014 | 10 months | 3.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EWT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2000 |
|---|---|---|---|---|
| Annualized return | +45.5% | +21.8% | +19.6% | +7.8% |
| Volatility (annualized) | 24.5% | 25.6% | 21.8% | 24.5% |
| Sharpe ratio | 1.49 | 0.76 | 0.83 | — |
| Sortino ratio | 3.77 | 1.48 | 1.52 | — |
| Best month | +26.7% | +26.7% | +26.7% | +26.7% |
| Worst month | −11.1% | −14.2% | −14.2% | −20.0% |
| Best 12 months | +105.2% | +105.2% | +105.2% | +105.2% |
| Worst 12 months | +0.7% | −32.1% | −32.1% | −52.2% |
| Positive months | 67% | 58% | 62% | 55% |
| Beta vs S&P 500 | 1.39 | 1.11 | 0.95 | — |
| Correlation with S&P 500 | 0.70 | 0.68 | 0.67 | — |
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.
EWT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 305 | −52.2% | +11.4% | +105.2% | 70% |
| 3-year (a year) | 281 | −20.6% | +7.5% | +45.5% | 87% |
| 5-year (a year) | 257 | −9.0% | +7.8% | +22.9% | 91% |
| 10-year (a year) | 197 | −3.0% | +7.5% | +20.5% | 98% |
Every holding period starting at a month-end since 2000. Returns for 3 years and longer are annualized.
EWT performance overview
iShares MSCI Taiwan ETF (EWT) returned +67.0% over the past year and +18.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2000 it has returned +7.4% a year, turning $10,000 into about $65,093. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −64.3%, from Jul 17, 2000 to Oct 7, 2002, and it took 5.1 years to get back to the old high. EWT finished 19 of its 25 full calendar years with a gain; the best year was 2009 (+73.8%) and the worst 2008 (−45.4%). Volatility has been 24.5% a year.
Related: EWT chart, EWT holdings, EWT dividends. See the EWT overview for the latest quote and fund facts.
EWT performance FAQ
What is the EWT return over the past year?
EWT returned +67.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 59.6%.
What is the average annual return of EWT?
EWT has returned +20.0% a year over 5 years, +18.7% a year over 10 years, +7.4% a year since June 23, 2000 (total return, distributions reinvested).
How much would $10,000 invested in EWT be worth?
$10,000 invested in EWT at its first recorded close on June 23, 2000 would be worth about $65,093 on October 23, 2026 with distributions reinvested.
What was the worst year for EWT?
The worst calendar year was 2008, with a total return of −45.4%. The best was 2009 at +73.8%.
What is the biggest drawdown of EWT?
The largest peak-to-trough decline was −64.3% between July 17, 2000 and October 7, 2002. It recovered to the old high on October 26, 2007, 5.1 years after the bottom.
How volatile is EWT?
Over the past 3 years EWT had an annualized volatility of 24.5% and a Sharpe ratio of 1.49 (excess return over 1–3 month T-bills per unit of risk).