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iShares MSCI Belgium ETF (EWK)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US4642863017

CUSIP

464286301

Issuer

iShares

Inception Date

Mar 12, 1996

Region

North America (U.S.)

Leveraged

1x

Index Tracked

MSCI Belgium Investable Market Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Value

Expense Ratio

EWK has an expense ratio of 0.49%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

iShares MSCI Belgium ETF (EWK) returned 19.09% year-to-date (YTD) and 13.93% over the past 12 months. Over the past 10 years, EWK returned 4.56% annually, underperforming the S&P 500 benchmark at 10.64%.


EWK

YTD

19.09%

1M

7.74%

6M

17.21%

1Y

13.93%

3Y*

8.32%

5Y*

11.09%

10Y*

4.56%

^GSPC (Benchmark)

YTD

-0.63%

1M

13.31%

6M

-1.23%

1Y

9.83%

3Y*

14.42%

5Y*

14.61%

10Y*

10.64%

*Annualized

Monthly Returns

The table below presents the monthly returns of EWK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.67%3.87%2.10%7.07%3.15%19.09%
2024-3.77%-0.03%3.37%-0.98%4.81%-3.43%6.03%3.28%3.48%-4.99%-3.49%-3.29%0.14%
20235.13%-1.00%1.47%1.35%-8.92%3.33%6.72%-3.64%-4.99%-3.52%8.75%4.07%7.47%
2022-3.71%-3.00%1.37%-6.03%-0.76%-7.36%1.09%-7.49%-9.40%8.55%11.58%2.46%-13.98%
2021-1.28%-0.16%5.27%6.09%5.09%-1.80%-0.38%1.38%-5.25%4.17%-5.23%5.14%12.84%
2020-3.46%-10.37%-16.20%7.04%4.06%3.41%4.05%2.50%-3.29%-7.36%21.56%3.12%0.04%
20198.20%1.75%2.28%3.86%-6.49%4.58%3.27%-2.22%2.00%1.29%1.91%3.54%25.92%
20188.42%-4.21%-2.20%-2.53%-3.08%-0.67%3.61%-4.07%-1.99%-9.13%1.61%-7.15%-20.40%
20171.71%0.34%4.98%3.62%4.27%-1.67%6.13%-0.87%2.77%0.85%-1.31%0.99%23.70%
2016-4.98%-4.60%7.88%1.47%1.95%-2.28%2.54%0.06%3.80%-5.09%-4.30%3.17%-1.35%
20152.01%4.96%-2.65%3.32%2.12%-0.96%3.57%-5.78%-2.83%6.31%1.48%2.11%13.77%
2014-3.72%8.77%1.14%1.33%0.40%-1.35%-2.65%1.61%-4.04%-1.54%3.73%-2.35%0.63%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EWK is 70, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of EWK is 7070
Overall Rank
The Sharpe Ratio Rank of EWK is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of EWK is 6868
Sortino Ratio Rank
The Omega Ratio Rank of EWK is 6969
Omega Ratio Rank
The Calmar Ratio Rank of EWK is 7878
Calmar Ratio Rank
The Martin Ratio Rank of EWK is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares MSCI Belgium ETF (EWK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

iShares MSCI Belgium ETF Sharpe ratios as of May 22, 2025 (values are recalculated daily):

  • 1-Year: 0.79
  • 5-Year: 0.57
  • 10-Year: 0.24
  • All Time: 0.24

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of iShares MSCI Belgium ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

iShares MSCI Belgium ETF provided a 2.73% dividend yield over the last twelve months, with an annual payout of $0.60 per share.


2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.8020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.60$0.60$0.39$0.46$0.78$0.33$0.55$0.45$0.61$0.31$0.37$0.30

Dividend yield

2.73%3.25%2.09%2.58%3.63%1.66%2.77%2.77%2.91%1.75%2.06%1.85%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI Belgium ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.37$0.00$0.00$0.00$0.00$0.00$0.23$0.60
2023$0.00$0.00$0.00$0.00$0.00$0.33$0.00$0.00$0.00$0.00$0.00$0.06$0.39
2022$0.00$0.00$0.00$0.00$0.00$0.46$0.00$0.00$0.00$0.00$0.00$0.00$0.46
2021$0.00$0.00$0.00$0.00$0.00$0.25$0.00$0.00$0.00$0.00$0.00$0.52$0.78
2020$0.00$0.00$0.00$0.00$0.00$0.15$0.00$0.00$0.00$0.00$0.00$0.18$0.33
2019$0.00$0.00$0.00$0.00$0.00$0.35$0.00$0.00$0.00$0.00$0.00$0.21$0.55
2018$0.00$0.00$0.00$0.00$0.00$0.36$0.00$0.00$0.00$0.00$0.00$0.10$0.45
2017$0.00$0.00$0.00$0.00$0.00$0.35$0.00$0.00$0.00$0.00$0.00$0.26$0.61
2016$0.00$0.00$0.00$0.00$0.00$0.15$0.00$0.00$0.00$0.00$0.00$0.16$0.31
2015$0.00$0.00$0.00$0.00$0.00$0.29$0.00$0.00$0.00$0.00$0.00$0.08$0.37
2014$0.23$0.00$0.00$0.00$0.00$0.00$0.07$0.30

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI Belgium ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI Belgium ETF was 74.10%, occurring on Mar 9, 2009. Recovery took 2074 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.1%Jul 13, 2007417Mar 9, 20092074Jun 2, 20172491
-60.24%Jan 6, 1999942Mar 12, 2003399Oct 28, 20041341
-42.8%Jan 29, 2018537Mar 17, 2020276Apr 21, 2021813
-35.23%Jun 16, 2021335Oct 12, 2022637Apr 29, 2025972
-20.84%Jul 21, 199854Oct 5, 199853Dec 22, 1998107

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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