iShares MSCI United Kingdom Small-Cap ETF (EWUS) Performance

Cboe BZX: EWUSTotal returns, calendar years, drawdowns and risk since 2012.

EWUS total return

Distributions reinvested · as of Oct 23, 2026
YTD
+5.8%
since Dec 31, 2025
1 year
+8.5%
total return
5 years
+1.6%
a year
10 years
+5.5%
a year
Since first price
+6.5%
a year since 2012

EWUS trailing returns vs SPY, QQQ, AGG

EWUS trailing returns
PeriodEWUS total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+0.7%+0.7%−1.0%−5.0%+0.9%
3 months+2.5%+2.5%+3.2%+1.9%−0.4%
6 months+4.3%+3.0%+7.8%+8.4%−1.5%
YTD+5.8%+4.4%+12.3%+15.1%−1.0%
1 year+8.5%+5.0%+14.4%+15.9%−1.1%
3 years+67.0%+18.6%/yr+50.7%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+8.3%+1.6%/yr−8.1%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years+71.5%+5.5%/yr+27.8%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
Since inceptionJan 26, 2012+151.8%+6.5%/yr+67.3%———

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: EWUS vs SPY

EWUSS&P 500 (SPY)

From Jan 26, 2012: EWUS grew to $25,181, SPY to $74,357.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

EWUS returns by calendar year

EWUSSPY

8 of 13 full years positive. Best 2013 (+39.2%), worst 2022 (−31.2%). 2026 is year to date.

EWUS annual returns table

EWUS calendar-year returns
YearEWUSLargest dropSPYQQQAGG
2026YTD+5.8%−15.2%+12.3%+15.1%−1.0%
2025+25.1%−13.7%+17.7%+20.8%+7.2%
2024+3.5%−11.4%+24.9%+25.6%+1.3%
2023+15.4%−18.3%+26.2%+54.9%+5.7%
2022−31.2%−44.9%−18.2%−32.6%−13.0%
2021+12.6%−12.7%+28.7%+27.4%−1.8%
2020−2.6%−49.1%+18.3%+48.6%+7.5%
2019+35.1%−14.8%+31.2%+39.0%+8.5%
2018−20.1%−26.5%−4.6%−0.1%+0.1%
2017+32.2%−4.6%+21.7%+32.7%+3.6%
2016−11.6%−23.4%+12.0%+7.1%+2.4%
2015+8.4%−11.0%+1.2%+9.4%+0.5%
2014−8.1%−21.3%+13.5%+19.2%+6.0%
2013+39.2%−8.7%+32.3%+36.6%−2.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

EWUS largest drawdowns

Now 5.9% below the high
EWUS largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Dec 16, 2019−49.3%Mar 23, 2020Feb 5, 20213 months1.1 years
Sep 3, 2021−48.1%Oct 12, 2022Jan 22, 20261.1 years4.4 years
Jun 23, 2015−27.1%Jun 27, 2016Sep 19, 20171.0 years2.2 years
Jun 11, 2018−26.5%Dec 24, 2018Dec 13, 20196 months1.5 years
Feb 28, 2014−21.3%Oct 15, 2014May 14, 20158 months1.2 years
Jan 29, 2026−15.2%Mar 30, 2026Jul 30, 20262 months6 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

EWUS risk statistics

EWUS risk statistics
Statistic3 years5 years10 yearsSince 2012
Annualized return+15.8%+2.0%+4.9%+6.5%
Volatility (annualized)18.2%21.3%21.7%20.1%
Sharpe ratio0.660.030.230.34
Sortino ratio1.110.040.320.48
Best month+11.5%+13.6%+16.9%+16.9%
Worst month−11.1%−14.5%−27.0%−27.0%
Best 12 months+31.7%+31.7%+68.5%+68.5%
Worst 12 months+2.5%−41.8%−41.8%−41.8%
Positive months58%50%56%58%
Beta vs S&P 5000.901.021.13—
Correlation with S&P 5000.620.750.80—

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.

EWUS rolling returns

EWUS rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year166−41.8%+8.2%+68.5%66%
3-year (a year)142−9.0%+4.1%+22.2%67%
5-year (a year)118−6.3%+2.4%+12.3%75%
10-year (a year)58−0.4%+2.8%+7.9%97%

Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.

EWUS performance overview

iShares MSCI United Kingdom Small-Cap ETF (EWUS) returned +8.5% over the past year and +5.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +6.5% a year, turning $10,000 into about $25,181. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −49.3%, from Dec 16, 2019 to Mar 23, 2020, and it took 10 months to get back to the old high. EWUS finished 8 of its 13 full calendar years with a gain; the best year was 2013 (+39.2%) and the worst 2022 (−31.2%). Volatility has been 20.1% a year.

Related: EWUS chart, EWUS holdings, EWUS dividends. See the EWUS overview for the latest quote and fund facts.

EWUS performance FAQ

What is the EWUS return over the past year?

EWUS returned +8.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.0%.

What is the average annual return of EWUS?

EWUS has returned +1.6% a year over 5 years, +5.5% a year over 10 years, +6.5% a year since January 26, 2012 (total return, distributions reinvested).

How much would $10,000 invested in EWUS be worth?

$10,000 invested in EWUS at its first recorded close on January 26, 2012 would be worth about $25,181 on October 23, 2026 with distributions reinvested.

What was the worst year for EWUS?

The worst calendar year was 2022, with a total return of −31.2%. The best was 2013 at +39.2%.

What is the biggest drawdown of EWUS?

The largest peak-to-trough decline was −49.3% between December 16, 2019 and March 23, 2020. It recovered to the old high on February 5, 2021, 10 months after the bottom.

How volatile is EWUS?

Over the past 3 years EWUS had an annualized volatility of 18.2% and a Sharpe ratio of 0.66 (excess return over 1–3 month T-bills per unit of risk).