- Issuer
- iShares
- Inception Date
- Sep 1, 2020
- Region
- Global (Broad)
- Category
- Financials Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI All Kuwait Select Size Liquidity Capped Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $71M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
KWT Performance Chart
iShares MSCI Kuwait ETF (KWT) is down 0.7% since the beginning of the year. KWT is currently trading at $37 per share. Investors who bought $1,000 worth of KWT shares 5 years ago would now be looking at an investment worth $1,515.
Loading charts...
Returns By Period
iShares MSCI Kuwait ETF (KWT) has returned -0.73% so far this year and 10.30% over the past 12 months.
iShares MSCI Kuwait ETF
- 1D
- -0.53%
- 1M
- 0.87%
- YTD
- -0.73%
- 6M
- -1.29%
- 1Y
- 10.30%
- 3Y*
- 10.02%
- 5Y*
- 8.67%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
KWT Monthly Returns History
Based on dividend-adjusted daily data since Sep 3, 2020, KWT's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, an investment would double in approximately 5.6 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2022 with a return of +9.3%, while the worst month was Sep 2022 at -9.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, KWT closed higher 53% of trading days. The best single day was Nov 30, 2022 with a return of +5.6%, while the worst single day was Dec 1, 2022 at -4.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.30% | 3.71% | -4.87% | 6.65% | -0.43% | -1.00% | -0.73% | ||||||
| 2025 | 6.06% | 7.53% | -2.95% | 0.86% | 3.08% | 4.51% | 1.77% | -0.64% | 3.26% | 1.49% | -2.01% | 0.39% | 25.38% |
| 2024 | 7.38% | 1.79% | -0.05% | -2.27% | 0.58% | -1.16% | 5.13% | 0.92% | -3.23% | 0.17% | 1.70% | 0.26% | 11.29% |
| 2023 | -0.65% | -0.09% | -1.92% | 3.99% | -5.30% | 3.66% | 2.97% | -4.61% | -2.82% | -5.40% | 4.33% | 1.79% | -4.71% |
| 2022 | 5.74% | 5.41% | 6.12% | 2.05% | -4.26% | -5.32% | 4.83% | -2.24% | -9.65% | 3.47% | 9.25% | -8.18% | 5.16% |
| 2021 | 4.30% | -1.84% | 3.49% | 6.81% | 1.85% | 2.40% | 2.79% | 4.34% | 0.15% | 3.81% | -4.71% | 4.25% | 30.73% |
Benchmark Metrics
iShares MSCI Kuwait ETF has an annualized alpha of 8.27%, beta of 0.32, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since September 03, 2020.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (47.07%) than losses (28.80%) - typical of diversified or defensive assets.
- Beta of 0.32 may look defensive, but with R2 of 0.15 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.15 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 8.27%
- Beta
- 0.32
- R²
- 0.15
- Upside Capture
- 47.07%
- Downside Capture
- 28.80%
Expense Ratio
KWT has an expense ratio of 0.74%, placing it in the medium range.
Return for Risk
Risk / Return Rank
KWT ranks 21 for risk / return — below 21% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI Kuwait ETF (KWT) 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.
| KWT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 2.78 | -1.89 |
| Martin ratioReturn relative to average drawdown | 2.08 | 12.44 | -10.36 |
Dividends
Dividend History
iShares MSCI Kuwait ETF provided a 5.55% dividend yield over the last twelve months, with an annual payout of $2.06 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $2.06 | $2.07 | $1.96 | $0.69 | $1.94 | $2.54 | $0.07 |
Dividend yield | 5.55% | 5.40% | 6.09% | 2.25% | 5.87% | 7.65% | 0.27% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI Kuwait 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 | $0.81 | $0.81 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.26 | $2.07 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.48 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $1.96 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.69 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $1.94 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.04 | $2.54 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI Kuwait 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 Kuwait ETF was 24.37%, occurring on Oct 27, 2023. Recovery took 325 trading sessions.
The current iShares MSCI Kuwait ETF drawdown is 5.53%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -24.37%Oct 2023 | 1y 5mo | 1y 3mo | 2y 9moMay 2022 - Feb 2025 |
2026 correction2026 | -11.54%Mar 2026 | 3mo 5d | — | 6mo 3dDec 2025 - now |
2025 selloff2025 | -9.82%Apr 2025 | 1mo 5d | 1mo 5d | 2mo 10dMar 2025 - May 2025 |
2020 pullback2020 | -8.70%Nov 2020 | 20d | 2mo 25d | 3mo 15dOct 2020 - Jan 2021 |
2021 pullback2021 | -8.06%Nov 2021 | 15d | 1mo 13d | 1mo 28dNov 2021 - Jan 2022 |
Drawdown Indicators
| KWT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.37% | -56.78% | +32.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.54% | -9.10% | -2.44% |
Max Drawdown (3Y)Largest decline over 3 years | -15.72% | -18.90% | +3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -24.37% | -25.43% | +1.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -5.53% | -1.80% | -3.73% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -10.71% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 2.03% | +2.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with KWT
Add iShares MSCI Kuwait ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with KWT