EWT vs. EWX
Compare and contrast key facts about iShares MSCI Taiwan ETF (EWT) and SPDR S&P Emerging Markets Small Cap ETF (EWX).
EWT and EWX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWT is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan Index. It was launched on Jun 20, 2000. EWX is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Under USD2 Billion Index. It was launched on May 12, 2008. Both EWT and EWX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWT or EWX.
Correlation
The correlation between EWT and EWX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EWT vs. EWX - Performance Comparison
Key characteristics
EWT:
0.02
EWX:
0.18
EWT:
0.21
EWX:
0.36
EWT:
1.03
EWX:
1.05
EWT:
0.02
EWX:
0.15
EWT:
0.05
EWX:
0.48
EWT:
8.52%
EWX:
6.78%
EWT:
26.83%
EWX:
17.83%
EWT:
-64.26%
EWX:
-63.90%
EWT:
-18.24%
EWX:
-11.98%
Returns By Period
In the year-to-date period, EWT achieves a -10.47% return, which is significantly lower than EWX's -4.71% return. Over the past 10 years, EWT has outperformed EWX with an annualized return of 8.20%, while EWX has yielded a comparatively lower 4.33% annualized return.
EWT
-10.47%
-6.40%
-17.40%
-0.08%
12.84%
8.20%
EWX
-4.71%
-3.49%
-6.10%
2.49%
12.62%
4.33%
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EWT vs. EWX - Expense Ratio Comparison
EWT has a 0.59% expense ratio, which is lower than EWX's 0.65% expense ratio.
Risk-Adjusted Performance
EWT vs. EWX — Risk-Adjusted Performance Rank
EWT
EWX
EWT vs. EWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) and SPDR S&P Emerging Markets Small Cap ETF (EWX). 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.
Dividends
EWT vs. EWX - Dividend Comparison
EWT's dividend yield for the trailing twelve months is around 3.71%, more than EWX's 3.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWT iShares MSCI Taiwan ETF | 3.71% | 3.32% | 12.01% | 18.82% | 2.64% | 1.83% | 2.49% | 3.16% | 2.81% | 2.39% | 3.12% | 1.93% |
EWX SPDR S&P Emerging Markets Small Cap ETF | 3.05% | 2.90% | 2.32% | 3.00% | 2.77% | 2.24% | 2.73% | 3.26% | 2.30% | 2.46% | 3.04% | 2.74% |
Drawdowns
EWT vs. EWX - Drawdown Comparison
The maximum EWT drawdown since its inception was -64.26%, roughly equal to the maximum EWX drawdown of -63.90%. Use the drawdown chart below to compare losses from any high point for EWT and EWX. For additional features, visit the drawdowns tool.
Volatility
EWT vs. EWX - Volatility Comparison
iShares MSCI Taiwan ETF (EWT) has a higher volatility of 15.21% compared to SPDR S&P Emerging Markets Small Cap ETF (EWX) at 10.14%. This indicates that EWT's price experiences larger fluctuations and is considered to be riskier than EWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.