EWT vs. LEER.DE
EWT (iShares MSCI Taiwan ETF) and LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) are both exchange-traded funds - EWT is a Asia Pacific Equities fund tracking the MSCI Taiwan Index, while LEER.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Eastern Europe ex Russia Index. Both are passively managed. Over the past 10 years, EWT returned 19.56%/yr vs 12.04%/yr for LEER.DE. At a 0.40 correlation, their price movements are largely independent. EWT charges 0.59%/yr vs 0.50%/yr for LEER.DE.
Performance
EWT vs. LEER.DE - Performance Comparison
Loading charts...
Different Trading Currencies
EWT is traded in USD, while LEER.DE is traded in EUR. To make them comparable, the LEER.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EWT achieves a 61.53% return, which is significantly higher than LEER.DE's 18.09% return. Over the past 10 years, EWT has outperformed LEER.DE with an annualized return of 19.56%, while LEER.DE has yielded a comparatively lower 12.04% 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%
LEER.DE
- 1D
- 3.06%
- 1M
- 3.72%
- YTD
- 18.09%
- 6M
- 22.55%
- 1Y
- 46.01%
- 3Y*
- 34.68%
- 5Y*
- 16.12%
- 10Y*
- 12.04%
EWT vs. LEER.DE - 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% |
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 18.09% | 73.79% | -1.82% | 46.19% | -25.52% | 10.91% | -10.44% | -0.84% | -12.68% | 49.06% |
Correlation
The correlation between EWT and LEER.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.40 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EWT vs. LEER.DE — Risk / Return Rank
EWT
LEER.DE
EWT vs. LEER.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) and Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE). 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 | LEER.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.34 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 8.53 | 3.85 | +4.68 |
| Martin ratioReturn relative to average drawdown | 25.15 | 10.97 | +14.17 |
Loading charts...
Drawdowns
EWT vs. LEER.DE - Drawdown Comparison
The maximum EWT drawdown since its inception was -64.37%, smaller than the maximum LEER.DE drawdown of -74.69%. Use the drawdown chart below to compare losses from any high point for EWT and LEER.DE.
Loading charts...
Drawdown Indicators
| EWT | LEER.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.37% | -74.69% | +10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.51% | -11.89% | +1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -25.66% | -17.69% | -7.97% |
Max Drawdown (5Y)Largest decline over 5 years | -38.88% | -52.31% | +13.43% |
Max Drawdown (10Y)Largest decline over 10 years | -38.88% | -59.03% | +20.15% |
Current DrawdownCurrent decline from peak | -4.19% | -0.91% | -3.28% |
Average DrawdownAverage peak-to-trough decline | -19.21% | -42.79% | +23.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 4.18% | -0.62% |
Volatility
EWT vs. LEER.DE - Volatility Comparison
iShares MSCI Taiwan ETF (EWT) has a higher volatility of 13.55% compared to Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) at 7.49%. This indicates that EWT's price experiences larger fluctuations and is considered to be riskier than LEER.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EWT | LEER.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.55% | 7.49% | +6.06% |
Volatility (6M)Calculated over the trailing 6-month period | 22.68% | 19.12% | +3.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.75% | 23.07% | +3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.95% | 26.24% | -3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 24.36% | -2.58% |
EWT vs. LEER.DE - Expense Ratio Comparison
EWT has a 0.59% expense ratio, which is higher than LEER.DE's 0.50% expense ratio.
Dividends
EWT vs. LEER.DE - Dividend Comparison
EWT's dividend yield for the trailing twelve months is around 2.74%, while LEER.DE has not paid dividends to shareholders.
| 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% |
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EWT and LEER.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LEER.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LEER.DE is cheaper with a 0.50% expense ratio, compared with 0.59% for EWT.
EWT is categorized as Asia Pacific Equities, while LEER.DE is Emerging Markets Equities. EWT tracks MSCI Taiwan Index, while LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.59% for EWT and 0.50% for LEER.DE.
Find the right allocation for EWT and LEER.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer