EWT vs. VVMX.DE
EWT (iShares MSCI Taiwan ETF) and VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both exchange-traded funds - EWT is a Asia Pacific Equities fund tracking the MSCI Taiwan Index, while VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals. Both are passively managed. Over the past 3 years, EWT returned 34.98%/yr vs 6.16%/yr for VVMX.DE. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.59% expense ratio.
Performance
EWT vs. VVMX.DE - Performance Comparison
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Different Trading Currencies
EWT is traded in USD, while VVMX.DE is traded in EUR. To make them comparable, the VVMX.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 VVMX.DE's 28.72% 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%
VVMX.DE
- 1D
- -1.72%
- 1M
- -9.98%
- YTD
- 28.72%
- 6M
- 35.99%
- 1Y
- 146.97%
- 3Y*
- 6.16%
- 5Y*
- —
- 10Y*
- —
EWT vs. VVMX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EWT iShares MSCI Taiwan ETF | 61.53% | 28.38% | 16.11% | 23.97% | -28.90% | 6.69% |
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 28.72% | 90.17% | -34.77% | -18.68% | -30.51% | 14.20% |
Correlation
The correlation between EWT and VVMX.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2021 | 0.40 |
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Return for Risk
EWT vs. VVMX.DE — Risk / Return Rank
EWT
VVMX.DE
EWT vs. VVMX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) and VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.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 | VVMX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.44 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 8.53 | 7.50 | +1.03 |
| Martin ratioReturn relative to average drawdown | 25.15 | 19.56 | +5.58 |
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Drawdowns
EWT vs. VVMX.DE - Drawdown Comparison
The maximum EWT drawdown since its inception was -64.37%, smaller than the maximum VVMX.DE drawdown of -73.32%. Use the drawdown chart below to compare losses from any high point for EWT and VVMX.DE.
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Drawdown Indicators
| EWT | VVMX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.37% | -73.32% | +8.95% |
Max Drawdown (1Y)Largest decline over 1 year | -10.51% | -21.21% | +10.70% |
Max Drawdown (3Y)Largest decline over 3 years | -25.66% | -62.07% | +36.41% |
Max Drawdown (5Y)Largest decline over 5 years | -38.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.88% | — | — |
Current DrawdownCurrent decline from peak | -4.19% | -21.15% | +16.96% |
Average DrawdownAverage peak-to-trough decline | -19.21% | -41.51% | +22.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 8.15% | -4.59% |
Volatility
EWT vs. VVMX.DE - Volatility Comparison
iShares MSCI Taiwan ETF (EWT) and VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) have volatilities of 13.55% and 12.99%, 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.
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Volatility by Period
| EWT | VVMX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.55% | 12.99% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 22.68% | 32.83% | -10.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.75% | 46.42% | -19.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.95% | 37.91% | -14.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 37.91% | -16.13% |
EWT vs. VVMX.DE - Expense Ratio Comparison
Both EWT and VVMX.DE have an expense ratio of 0.59%.
Dividends
EWT vs. VVMX.DE - Dividend Comparison
EWT's dividend yield for the trailing twelve months is around 2.74%, while VVMX.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% |
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 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 VVMX.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.59% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EWT and VVMX.DE have the same expense ratio: 0.59% per year.
EWT is categorized as Asia Pacific Equities, while VVMX.DE is Commodity Producers Equities. EWT tracks MSCI Taiwan Index, while VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals. They also come from different issuers: iShares and VanEck.
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