EWT vs. UMC
Compare and contrast key facts about iShares MSCI Taiwan ETF (EWT) and United Microelectronics Corporation (UMC).
EWT is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan Index. It was launched on Jun 20, 2000.
Performance
EWT vs. UMC - Performance Comparison
Loading graphics...
EWT vs. UMC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EWT iShares MSCI Taiwan ETF | 11.40% | 28.38% | 16.11% | 23.97% | -28.90% | 26.18% | 31.50% | 33.36% | -9.90% | 26.81% |
UMC United Microelectronics Corporation | 10.31% | 28.65% | -19.01% | 39.20% | -40.32% | 43.16% | 230.69% | 56.10% | -21.85% | 39.99% |
Returns By Period
In the year-to-date period, EWT achieves a 11.40% return, which is significantly higher than UMC's 10.31% return. Over the past 10 years, EWT has underperformed UMC with an annualized return of 15.08%, while UMC has yielded a comparatively higher 20.89% annualized return.
EWT
- 1D
- -1.32%
- 1M
- -0.73%
- YTD
- 11.40%
- 6M
- 15.66%
- 1Y
- 52.68%
- 3Y*
- 21.93%
- 5Y*
- 10.20%
- 10Y*
- 15.08%
UMC
- 1D
- -3.34%
- 1M
- -12.42%
- YTD
- 10.31%
- 6M
- 18.93%
- 1Y
- 37.05%
- 3Y*
- 6.09%
- 5Y*
- 4.47%
- 10Y*
- 20.89%
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. UMC — Risk / Return Rank
EWT
UMC
EWT vs. UMC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) and United Microelectronics Corporation (UMC). 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.
| EWT | UMC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.97 | 0.91 | +1.06 |
Sortino ratioReturn per unit of downside risk | 2.66 | 1.66 | +1.00 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.20 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 3.45 | 1.03 | +2.42 |
Martin ratioReturn relative to average drawdown | 13.65 | 2.80 | +10.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EWT | UMC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.97 | 0.91 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.12 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.55 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.10 | +0.10 |
Correlation
The correlation between EWT and UMC is 0.61, 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.
Dividends
EWT vs. UMC - Dividend Comparison
EWT's dividend yield for the trailing twelve months is around 3.98%, less than UMC's 5.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWT iShares MSCI Taiwan ETF | 3.98% | 4.43% | 3.32% | 8.12% | 18.82% | 0.55% | 1.83% | 2.49% | 3.16% | 2.81% | 2.39% | 3.12% |
UMC United Microelectronics Corporation | 5.49% | 6.06% | 7.14% | 6.93% | 7.92% | 2.44% | 1.62% | 3.51% | 6.59% | 2.41% | 3.61% | 3.15% |
Drawdowns
EWT vs. UMC - Drawdown Comparison
The maximum EWT drawdown since its inception was -64.37%, smaller than the maximum UMC drawdown of -72.52%. Use the drawdown chart below to compare losses from any high point for EWT and UMC.
Loading graphics...
Drawdown Indicators
| EWT | UMC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.37% | -72.52% | +8.15% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -31.01% | +19.94% |
Max Drawdown (5Y)Largest decline over 5 years | -38.88% | -54.30% | +15.42% |
Max Drawdown (10Y)Largest decline over 10 years | -38.88% | -54.30% | +15.42% |
Current DrawdownCurrent decline from peak | -8.16% | -30.53% | +22.37% |
Average DrawdownAverage peak-to-trough decline | -19.34% | -42.81% | +23.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 11.39% | -7.47% |
Volatility
EWT vs. UMC - Volatility Comparison
iShares MSCI Taiwan ETF (EWT) and United Microelectronics Corporation (UMC) have volatilities of 9.88% and 10.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EWT | UMC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.88% | 10.05% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 18.20% | 34.35% | -16.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.87% | 41.05% | -14.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.32% | 38.14% | -15.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.22% | 38.40% | -17.18% |