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EWM vs. IDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EWM vs. IDV

Last updated Jun 13, 2026

EWM (iShares MSCI Malaysia ETF) and IDV (iShares International Select Dividend ETF) are both exchange-traded funds - EWM is a Asia Pacific Equities fund tracking the MSCI Malaysia Index, while IDV is a Global Equities fund tracking the Dow Jones EPAC Select Dividend. Both are passively managed. Over the past 10 years, EWM returned 2.79%/yr vs 10.92%/yr for IDV. A 0.62 correlation means they provide meaningful diversification when combined. Both charge a 0.49% expense ratio.

Performance

EWM vs. IDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Malaysia ETF (EWM) and iShares International Select Dividend ETF (IDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EWM achieves a 2.89% return, which is significantly lower than IDV's 13.60% return. Over the past 10 years, EWM has underperformed IDV with an annualized return of 2.79%, while IDV has yielded a comparatively higher 10.92% annualized return.

EWM

1D
0.25%
1M
-6.82%
YTD
2.89%
6M
6.00%
1Y
19.03%
3Y*
14.97%
5Y*
4.69%
10Y*
2.79%

IDV

1D
0.31%
1M
-0.71%
YTD
13.60%
6M
15.83%
1Y
35.03%
3Y*
25.11%
5Y*
12.17%
10Y*
10.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EWM vs. IDV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EWM
iShares MSCI Malaysia ETF		2.89%15.74%19.46%-3.61%-6.00%-7.40%3.12%-1.41%-6.28%24.25%
IDV
iShares International Select Dividend ETF		13.60%52.16%4.00%10.32%-6.40%12.00%-5.94%23.56%-10.37%19.74%

Correlation

The correlation between EWM and IDV is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.56

Correlation (3Y)
Calculated over the trailing 3-year period

0.49

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.53

Correlation (All Time)
Calculated using the full available price history since Jun 21, 2007

0.62

The correlation between EWM and IDV shifts across timeframes, from 0.49 (3 years) to 0.62 (all time), reflecting how their relationship changes across market environments.

EWM vs. IDV - Sectors Allocation Comparison

Sectors
EWM
IDV

Financial Services

46.6%
30.1%

Industrials

11.1%
6.7%

Utilities

10.8%
11.8%

Basic Materials

8.9%
5.8%

Consumer Defensive

7.3%
7.2%

Communication Services

6.6%
10.0%

Energy

3.9%
15.6%

Healthcare

3.8%

-

Consumer Cyclical

1.1%
9.6%

Real Estate

-

2.4%

Technology

-

0.9%

Financial Services

EWM
46.6%
IDV
30.1%

Industrials

EWM
11.1%
IDV
6.7%

Utilities

EWM
10.8%
IDV
11.8%

Basic Materials

EWM
8.9%
IDV
5.8%

Consumer Defensive

EWM
7.3%
IDV
7.2%

Communication Services

EWM
6.6%
IDV
10.0%

Energy

EWM
3.9%
IDV
15.6%

Healthcare

EWM
3.8%
IDV

-

Consumer Cyclical

EWM
1.1%
IDV
9.6%

Real Estate

EWM

-

IDV
2.4%

Technology

EWM

-

IDV
0.9%

Compare stocks, funds, or ETFs

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

iShares MSCI Malaysia ETF

iShares International Select Dividend ETF

Often compared with EWM:
EWM vs. EIDOEWM vs. EWYEWM vs. EWTEWM vs. EPIEWM vs. AAXJEWM vs. VOOEWM vs. SCHD
Often compared with IDV:
IDV vs. SCHDIDV vs. LVHIIDV vs. VYMIIDV vs. IGROIDV vs. DIVOIDV vs. PIDIDV vs. DVY

Return for Risk

EWM vs. IDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EWM
EWM Risk / Return Rank: 4444
Overall Rank
EWM Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
EWM Sortino Ratio Rank: 4343
Sortino Ratio Rank
EWM Omega Ratio Rank: 4141
Omega Ratio Rank
EWM Calmar Ratio Rank: 4848
Calmar Ratio Rank
EWM Martin Ratio Rank: 4646
Martin Ratio Rank
IDV
IDV Risk / Return Rank: 8888
Overall Rank
IDV Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
IDV Sortino Ratio Rank: 8888
Sortino Ratio Rank
IDV Omega Ratio Rank: 8989
Omega Ratio Rank
IDV Calmar Ratio Rank: 8585
Calmar Ratio Rank
IDV Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EWM vs. IDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Malaysia ETF (EWM) and iShares International Select Dividend ETF (IDV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

EWMIDVDifference
Sharpe ratioReturn per unit of total volatility
1.36
2.69

-1.34

Sortino ratioReturn per unit of downside risk
1.92
3.52

-1.60

Omega ratioGain probability vs. loss probability

1.24

1.49

-0.25

Calmar ratioReturn relative to maximum drawdown

2.09

4.13

-2.04

Martin ratioReturn relative to average drawdown

6.65

15.32

-8.67

EWM vs. IDV - Sharpe Ratio Comparison

The current EWM Sharpe Ratio is 1.36, which is lower than the IDV Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of EWM and IDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EWM vs. IDV - Drawdown Comparison

The maximum EWM drawdown since its inception was -89.19%, which is greater than IDV's maximum drawdown of -70.14%. Use the drawdown chart below to compare losses from any high point for EWM and IDV.

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Drawdown Indicators

EWMIDVDifference

Max Drawdown

Largest peak-to-trough decline

-89.19%

-70.14%

-19.05%

Max Drawdown (1Y)

Largest decline over 1 year

-9.14%

-8.52%

-0.62%

Max Drawdown (3Y)

Largest decline over 3 years

-21.31%

-11.86%

-9.45%

Max Drawdown (5Y)

Largest decline over 5 years

-22.76%

-29.19%

+6.43%

Max Drawdown (10Y)

Largest decline over 10 years

-43.81%

-42.50%

-1.31%

Current Drawdown

Current decline from peak

-9.08%

-1.70%

-7.38%

Average Drawdown

Average peak-to-trough decline

-31.80%

-15.38%

-16.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

2.30%

+0.57%

Volatility

EWM vs. IDV - Volatility Comparison

The current volatility for iShares MSCI Malaysia ETF (EWM) is 3.97%, while iShares International Select Dividend ETF (IDV) has a volatility of 4.24%. This indicates that EWM experiences smaller price fluctuations and is considered to be less risky than IDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EWMIDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.97%

4.24%

-0.27%

Volatility (6M)

Calculated over the trailing 6-month period

10.95%

10.88%

+0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

14.10%

13.10%

+1.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.72%

15.58%

-1.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.27%

17.92%

-1.65%

EWM vs. IDV - Expense Ratio Comparison

Both EWM and IDV have an expense ratio of 0.49%.

Dividends

EWM vs. IDV - Dividend Comparison

EWM's dividend yield for the trailing twelve months is around 3.32%, less than IDV's 4.40% yield.

PositionTTM20252024202320222021202020192018201720162015
EWM
iShares MSCI Malaysia ETF		3.32%3.41%3.32%3.47%3.00%6.48%1.89%2.91%3.84%5.58%5.97%37.54%
IDV
iShares International Select Dividend ETF		4.40%4.94%6.46%6.51%7.33%5.78%5.47%5.15%5.93%4.52%4.69%5.08%

Frequently Asked Questions

EWM and IDV have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IDV has higher volatility (4.24%) compared to EWM (3.97%). In terms of maximum drawdown, EWM dropped -89.19% vs IDV's -70.14%.

On 10-year performance, IDV leads with 10.92% vs 2.79% for EWM. Both ETFs have the same 0.49% expense ratio. On volatility, EWM has been the lower-risk option at 3.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IDV has performed better with a 10.92% return vs 2.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EWM and IDV have the same expense ratio: 0.49% per year.

IDV has the higher dividend yield at 4.40%, compared with 3.32% for EWM.

EWM is categorized as Asia Pacific Equities, while IDV is Global Equities. EWM tracks MSCI Malaysia Index, while IDV tracks Dow Jones EPAC Select Dividend.

IDV currently has the higher Sharpe Ratio (2.69 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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