iShares MSCI Eurozone ETF (EZU) Performance
EZU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.6% since Dec 31, 2025
- 1 year
- +6.0% total return
- 5 years
- +8.3% a year
- 10 years
- +9.4% a year
- Since first price
- +4.3% a year since 2000
EZU trailing returns vs SPY, QQQ, AGG
| Period | EZU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.1% | −5.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.4% | −4.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.3% | −2.0% | +7.8% | +8.4% | −1.5% |
| YTD | +2.6% | +0.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.0% | +3.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +72.0%+19.8%/yr | +58.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +48.8%+8.3%/yr | +28.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +146.6%+9.4%/yr | +89.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +216.2%+8.0%/yr | +110.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +132.4%+4.3%/yr | +33.3% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJul 31, 2000 | +197.9%+4.3%/yr | +64.7% | — | — | — |
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: EZU vs SPY
From Jul 31, 2000: EZU grew to $29,794, SPY to $84,668.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EZU returns by calendar year
16 of 25 full years positive. Best 2003 (+42.0%), worst 2008 (−46.8%). 2026 is year to date.
EZU annual returns table
| Year | EZU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.6% | −13.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +40.0% | −15.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.2% | −11.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +23.4% | −14.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.3% | −34.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +13.9% | −8.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +7.6% | −38.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +23.3% | −8.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −16.8% | −26.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +27.9% | −2.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +1.9% | −13.4% | +12.0% | +7.1% | +2.4% |
| 2015 | −1.6% | −15.8% | +1.2% | +9.4% | +0.5% |
| 2014 | −9.9% | −19.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +27.1% | −8.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +23.9% | −22.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −18.2% | −36.3% | +1.9% | +3.4% | +7.7% |
| 2010 | −3.1% | −28.1% | +15.1% | +19.9% | +6.4% |
| 2009 | +26.6% | −34.7% | +26.4% | +54.7% | +3.0% |
| 2008 | −46.8% | −59.3% | −36.8% | −41.7% | +7.9% |
| 2007 | +16.9% | −13.7% | +5.1% | +19.0% | +6.6% |
| 2006 | +35.5% | −15.1% | +15.8% | +7.1% | +3.9% |
| 2005 | +7.9% | −8.6% | +4.8% | +1.6% | +2.3% |
| 2004 | +19.6% | −13.0% | +10.7% | +10.5% | +3.8% |
| 2003 | +42.0% | −20.1% | +28.2% | +49.7% | — |
| 2002 | −21.9% | −35.7% | −21.6% | −37.4% | — |
| 2001 | −23.1% | −41.6% | −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.
EZU largest drawdowns
Now 10.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 31, 2007 | −66.4% | Mar 9, 2009 | Jan 26, 2018 | 1.4 years | 10.2 years |
| Aug 16, 2000 | −53.3% | Mar 12, 2003 | Aug 10, 2005 | 2.6 years | 5.0 years |
| Jan 26, 2018 | −41.4% | Mar 18, 2020 | Dec 2, 2020 | 2.1 years | 2.9 years |
| Sep 2, 2021 | −36.1% | Sep 27, 2022 | Feb 21, 2024 | 1.1 years | 2.5 years |
| May 10, 2006 | −15.1% | Jun 13, 2006 | Sep 28, 2006 | 34 days | 5 months |
| Mar 18, 2025 | −15.0% | Apr 8, 2025 | May 2, 2025 | 21 days | 45 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EZU risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2000 |
|---|---|---|---|---|
| Annualized return | +20.1% | +10.1% | +9.8% | +4.4% |
| Volatility (annualized) | 13.9% | 18.8% | 18.6% | 20.9% |
| Sharpe ratio | 1.08 | 0.42 | 0.47 | — |
| Sortino ratio | 1.81 | 0.64 | 0.72 | — |
| Best month | +11.1% | +15.1% | +19.7% | +19.7% |
| Worst month | −8.7% | −11.2% | −18.6% | −24.6% |
| Best 12 months | +40.0% | +40.0% | +55.7% | +59.1% |
| Worst 12 months | +2.2% | −31.0% | −31.0% | −56.4% |
| Positive months | 72% | 62% | 60% | 57% |
| Beta vs S&P 500 | 0.64 | 0.91 | 0.95 | — |
| Correlation with S&P 500 | 0.57 | 0.76 | 0.79 | — |
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.
EZU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 304 | −56.4% | +9.7% | +59.1% | 62% |
| 3-year (a year) | 280 | −18.8% | +6.2% | +32.3% | 74% |
| 5-year (a year) | 256 | −12.9% | +5.1% | +26.9% | 82% |
| 10-year (a year) | 196 | −1.5% | +4.4% | +10.9% | 89% |
Every holding period starting at a month-end since 2000. Returns for 3 years and longer are annualized.
EZU performance overview
iShares MSCI Eurozone ETF (EZU) returned +6.0% over the past year and +9.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2000 it has returned +4.3% a year, turning $10,000 into about $29,794. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −66.4%, from Oct 31, 2007 to Mar 9, 2009, and it took 8.9 years to get back to the old high. EZU finished 16 of its 25 full calendar years with a gain; the best year was 2003 (+42.0%) and the worst 2008 (−46.8%). Volatility has been 20.9% a year.
Related: EZU chart, EZU holdings, EZU dividends. See the EZU overview for the latest quote and fund facts.
EZU performance FAQ
What is the EZU return over the past year?
EZU returned +6.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.1%.
What is the average annual return of EZU?
EZU has returned +8.3% a year over 5 years, +9.4% a year over 10 years, +4.3% a year since July 31, 2000 (total return, distributions reinvested).
How much would $10,000 invested in EZU be worth?
$10,000 invested in EZU at its first recorded close on July 31, 2000 would be worth about $29,794 on October 23, 2026 with distributions reinvested.
What was the worst year for EZU?
The worst calendar year was 2008, with a total return of −46.8%. The best was 2003 at +42.0%.
What is the biggest drawdown of EZU?
The largest peak-to-trough decline was −66.4% between October 31, 2007 and March 9, 2009. It recovered to the old high on January 26, 2018, 8.9 years after the bottom.
How volatile is EZU?
Over the past 3 years EZU had an annualized volatility of 13.9% and a Sharpe ratio of 1.08 (excess return over 1–3 month T-bills per unit of risk).