EWT vs. IDV

Last updated Jun 13, 2026

EWT (iShares MSCI Taiwan ETF) and IDV (iShares International Select Dividend ETF) are both exchange-traded funds - EWT is a Asia Pacific Equities fund tracking the MSCI Taiwan Index, while IDV is a Global Equities fund tracking the Dow Jones EPAC Select Dividend. Both are passively managed. Over the past 10 years, EWT returned 19.56%/yr vs 10.92%/yr for IDV. A 0.65 correlation means they provide meaningful diversification when combined. EWT charges 0.59%/yr vs 0.49%/yr for IDV.

Performance

EWT vs. IDV - Performance Comparison

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

Returns By Period

In the year-to-date period, EWT achieves a 61.53% return, which is significantly higher than IDV's 13.60% return. Over the past 10 years, EWT has outperformed IDV with an annualized return of 19.56%, while IDV has yielded a comparatively lower 10.92% annualized return.

EWT

• 1D: 0.17%
• 1M: 8.18%
• YTD: 61.53%
• 6M: 67.45%
• 1Y: 89.17%
• 3Y*: 34.98%
• 5Y*: 17.48%
• 10Y*: 19.56%

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)

EWT vs. IDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EWT iShares MSCI Taiwan ETF	61.53%	28.38%	16.11%	23.97%	-28.90%	26.18%	31.50%	33.36%	-9.90%	26.81%
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 EWT and IDV is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Jun 21, 2007	0.65

The correlation between EWT and IDV shifts across timeframes, from 0.55 (3 years) to 0.65 (all time), reflecting how their relationship changes across market environments.

EWT vs. IDV - Sectors Allocation Comparison

Sectors	EWT	IDV
Technology	72.9%	0.9%
Financial Services	13.0%	30.1%
Industrials	4.9%	6.7%
Basic Materials	3.5%	5.8%
Consumer Cyclical	1.9%	9.6%
Communication Services	1.9%	10.0%
Consumer Defensive	1.1%	7.2%
Healthcare	0.8%	-
Energy	-	15.6%
Real Estate	-	2.4%
Utilities	-	11.8%

Return for Risk

EWT vs. IDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EWT

EWT Risk / Return Rank: 94
EWT Sharpe Ratio Rank: 95
EWT Sortino Ratio Rank: 92
EWT Omega Ratio Rank: 92
EWT Calmar Ratio Rank: 96
EWT Martin Ratio Rank: 95

IDV

IDV Risk / Return Rank: 88
IDV Sharpe Ratio Rank: 91
IDV Sortino Ratio Rank: 88
IDV Omega Ratio Rank: 89
IDV Calmar Ratio Rank: 85
IDV Martin Ratio Rank: 85

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.

EWT vs. IDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) 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.

	EWT	IDV	Difference
Sharpe ratio: Return per unit of total volatility	3.36	2.69	+0.66
Sortino ratio: Return per unit of downside risk	3.88	3.52	+0.36
Omega ratio: Gain probability vs. loss probability	1.55	1.49	+0.06
Calmar ratio: Return relative to maximum drawdown	8.53	4.13	+4.40
Martin ratio: Return relative to average drawdown	25.15	15.32	+9.83

EWT vs. IDV - Sharpe Ratio Comparison

The current EWT Sharpe Ratio is 3.36, which is comparable to the IDV Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of EWT 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.

Drawdowns

EWT vs. IDV - Drawdown Comparison

The maximum EWT drawdown since its inception was -64.37%, smaller than the maximum IDV drawdown of -70.14%. Use the drawdown chart below to compare losses from any high point for EWT and IDV.

Drawdown Indicators

	EWT	IDV	Difference
Max Drawdown Largest peak-to-trough decline	-64.37%	-70.14%	+5.77%
Max Drawdown (1Y) Largest decline over 1 year	-10.51%	-8.52%	-1.99%
Max Drawdown (3Y) Largest decline over 3 years	-25.66%	-11.86%	-13.80%
Max Drawdown (5Y) Largest decline over 5 years	-38.88%	-29.19%	-9.69%
Max Drawdown (10Y) Largest decline over 10 years	-38.88%	-42.50%	+3.62%
Current Drawdown Current decline from peak	-4.19%	-1.70%	-2.49%
Average Drawdown Average peak-to-trough decline	-19.21%	-15.38%	-3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	2.30%	+1.26%

Volatility

EWT vs. IDV - Volatility Comparison

iShares MSCI Taiwan ETF (EWT) has a higher volatility of 13.55% compared to iShares International Select Dividend ETF (IDV) at 4.24%. This indicates that EWT's price experiences larger fluctuations and is considered to be riskier than IDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EWT	IDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.55%	4.24%	+9.31%
Volatility (6M) Calculated over the trailing 6-month period	22.68%	10.88%	+11.80%
Volatility (1Y) Calculated over the trailing 1-year period	26.75%	13.10%	+13.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.95%	15.58%	+7.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.78%	17.92%	+3.86%

EWT vs. IDV - Expense Ratio Comparison

EWT has a 0.59% expense ratio, which is higher than IDV's 0.49% expense ratio.

Dividends

EWT vs. IDV - Dividend Comparison

EWT's dividend yield for the trailing twelve months is around 2.74%, less than IDV's 4.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EWT iShares MSCI Taiwan ETF	2.74%	4.43%	3.32%	8.12%	18.82%	0.55%	1.83%	2.49%	3.16%	2.81%	2.39%	3.12%
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

Can I hold both EWT and IDV in my portfolio?

EWT and IDV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EWT or IDV?

EWT has higher volatility (13.55%) compared to IDV (4.24%). In terms of maximum drawdown, EWT dropped -64.37% vs IDV's -70.14%.

Which ETF is better, EWT or IDV?

On 10-year performance, EWT leads with 19.56% vs 10.92% for IDV. On fees, IDV is cheaper at 0.49% per year. On volatility, IDV has been the lower-risk option at 4.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EWT or IDV?

Over the 10-year period, EWT has performed better with a 19.56% return vs 10.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EWT or IDV?

IDV is cheaper with a 0.49% expense ratio, compared with 0.59% for EWT.

Which ETF pays a higher dividend yield, EWT or IDV?

IDV has the higher dividend yield at 4.40%, compared with 2.74% for EWT.

What is the main difference between EWT and IDV?

EWT is categorized as Asia Pacific Equities, while IDV is Global Equities. EWT tracks MSCI Taiwan Index, while IDV tracks Dow Jones EPAC Select Dividend. Their fees differ too: 0.59% for EWT and 0.49% for IDV.

Which has better risk-adjusted returns?

EWT currently has the higher Sharpe Ratio (3.36 vs 2.69), 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.