- ISIN
- US4642867075
- CUSIP
- 464286707
- Issuer
- iShares
- Inception Date
- Mar 12, 1996
- Region
- Developed Europe (France)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI France Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $391M
Share Price Chart
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Performance
EWQ Performance Chart
iShares MSCI France ETF (EWQ) is up 3.6% since the beginning of the year. EWQ is currently trading at $47 per share. Investors who bought $1,000 worth of EWQ shares 5 years ago would now be looking at an investment worth $1,378.
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Returns By Period
iShares MSCI France ETF (EWQ) has returned 3.62% so far this year and 11.89% over the past 12 months. Over the last ten years, EWQ has returned 10.24% per year, falling short of the S&P 500 Index benchmark, which averaged 13.61% annually.
iShares MSCI France ETF
- 1D
- 0.17%
- 1M
- 5.57%
- YTD
- 3.62%
- 6M
- 4.40%
- 1Y
- 11.89%
- 3Y*
- 9.90%
- 5Y*
- 6.62%
- 10Y*
- 10.24%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- 0.31%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 24.33%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
EWQ Monthly Returns History
Based on dividend-adjusted daily data since Apr 1, 1996, EWQ's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +21.8%, while the worst month was Oct 2008 at -23.4%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, EWQ closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +13.1%, while the worst single day was Mar 12, 2020 at -12.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.80% | 5.56% | -9.38% | 4.50% | 1.41% | 1.41% | 3.62% | ||||||
| 2025 | 7.66% | 2.36% | 0.66% | 3.12% | 3.53% | 3.03% | -2.01% | 1.55% | 3.15% | 0.80% | 0.65% | 1.45% | 28.90% |
| 2024 | -1.05% | 3.71% | 2.98% | -3.31% | 4.15% | -7.33% | 1.93% | 3.56% | 1.30% | -6.16% | -4.38% | -0.28% | -5.63% |
| 2023 | 11.59% | -1.19% | 3.50% | 4.68% | -6.49% | 6.45% | 1.61% | -3.81% | -5.50% | -3.20% | 9.06% | 4.96% | 21.71% |
| 2022 | -2.55% | -6.76% | 0.00% | -6.74% | 4.10% | -9.99% | 6.53% | -7.29% | -9.58% | 10.78% | 13.78% | -1.60% | -12.05% |
| 2021 | -2.62% | 4.57% | 2.83% | 6.17% | 5.41% | -1.82% | 1.29% | 0.86% | -3.70% | 5.56% | -3.87% | 5.69% | 21.43% |
Benchmark Metrics
iShares MSCI France ETF has an annualized alpha of 0.27%, beta of 0.96, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since April 01, 1996.
- This ETF participated in 105.41% of S&P 500 Index downside but only 98.91% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.96 and R2 of 0.54, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.27%
- Beta
- 0.96
- R²
- 0.54
- Upside Capture
- 98.91%
- Downside Capture
- 105.41%
Expense Ratio
EWQ has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EWQ ranks 19 for risk / return — in the bottom 19% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI France ETF (EWQ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EWQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.34 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 2.53 | -1.80 |
| Martin ratioReturn relative to average drawdown | 2.21 | 11.37 | -9.16 |
Dividends
Dividend History
iShares MSCI France ETF provided a 2.54% dividend yield over the last twelve months, with an annual payout of $1.18 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.18 | $1.18 | $1.19 | $1.07 | $1.07 | $1.47 | $0.34 | $0.80 | $0.77 | $0.59 | $0.70 | $0.54 |
Dividend yield | 2.54% | 2.63% | 3.31% | 2.73% | 3.23% | 3.79% | 1.02% | 2.44% | 2.90% | 1.90% | 2.84% | 2.25% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI France ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $1.18 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $1.19 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.82 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $1.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $1.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.47 |
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 France 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 France ETF was 61.41%, occurring on Mar 9, 2009. Recovery took 2074 trading sessions.
The current iShares MSCI France ETF drawdown is 3.58%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -61.41%Mar 2009 | 1y 8mo | 8y 2mo | 9y 10moJul 2007 - Jun 2017 |
2003 bear market2003 | -56.41%Mar 2003 | 2y 9mo | 2y 9mo | 5y 6moJun 2000 - Jan 2006 |
COVID crash2020 | -39.23%Mar 2020 | 1mo 27d | 8mo 11d | 10mo 8dJan 2020 - Nov 2020 |
Bear market2022 | -31.46%Sep 2022 | 8mo 17d | 6mo 17d | 1y 2moJan 2022 - Apr 2023 |
1998 bear market1998 | -25.01%Oct 1998 | 2mo 17d | 3mo 1d | 5mo 18dJul 1998 - Jan 1999 |
Drawdown Indicators
| EWQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.41% | -56.78% | -4.63% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -9.10% | -4.70% |
Max Drawdown (3Y)Largest decline over 3 years | -15.16% | -18.90% | +3.74% |
Max Drawdown (5Y)Largest decline over 5 years | -31.46% | -25.43% | -6.03% |
Max Drawdown (10Y)Largest decline over 10 years | -39.23% | -33.92% | -5.31% |
Current DrawdownCurrent decline from peak | -3.58% | -2.34% | -1.24% |
Average DrawdownAverage peak-to-trough decline | -16.07% | -10.72% | -5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 2.02% | +2.52% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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