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UMC vs. EWT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

UMC vs. EWT - Performance Comparison

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

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UMC vs. EWT - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
UMC
United Microelectronics Corporation
14.12%28.65%-19.01%39.20%-40.32%43.16%230.69%56.10%-21.85%39.99%
EWT
iShares MSCI Taiwan ETF
12.89%28.38%16.11%23.97%-28.90%26.18%31.50%33.36%-9.90%26.81%

Returns By Period

In the year-to-date period, UMC achieves a 14.12% return, which is significantly higher than EWT's 12.89% return. Over the past 10 years, UMC has outperformed EWT with an annualized return of 21.07%, while EWT has yielded a comparatively lower 15.12% annualized return.


UMC

1D
-0.11%
1M
-14.65%
YTD
14.12%
6M
21.05%
1Y
36.51%
3Y*
7.26%
5Y*
5.18%
10Y*
21.07%

EWT

1D
1.13%
1M
-4.46%
YTD
12.89%
6M
16.96%
1Y
55.63%
3Y*
22.72%
5Y*
10.50%
10Y*
15.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

UMC vs. EWT — Risk / Return Rank

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

UMC
UMC Risk / Return Rank: 6868
Overall Rank
UMC Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
UMC Sortino Ratio Rank: 7070
Sortino Ratio Rank
UMC Omega Ratio Rank: 6767
Omega Ratio Rank
UMC Calmar Ratio Rank: 6464
Calmar Ratio Rank
UMC Martin Ratio Rank: 6767
Martin Ratio Rank

EWT
EWT Risk / Return Rank: 9292
Overall Rank
EWT Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
EWT Sortino Ratio Rank: 9292
Sortino Ratio Rank
EWT Omega Ratio Rank: 8888
Omega Ratio Rank
EWT Calmar Ratio Rank: 9393
Calmar Ratio Rank
EWT Martin Ratio Rank: 9494
Martin Ratio Rank
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.

UMC vs. EWT - Risk-Adjusted Trends Comparison

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


UMCEWTDifference

Sharpe ratio

Return per unit of total volatility

0.90

2.08

-1.19

Sortino ratio

Return per unit of downside risk

1.64

2.78

-1.13

Omega ratio

Gain probability vs. loss probability

1.20

1.38

-0.18

Calmar ratio

Return relative to maximum drawdown

1.07

3.73

-2.66

Martin ratio

Return relative to average drawdown

2.95

14.90

-11.96

UMC vs. EWT - Sharpe Ratio Comparison

The current UMC Sharpe Ratio is 0.90, which is lower than the EWT Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of UMC and EWT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


UMCEWTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.90

2.08

-1.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.14

0.47

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.71

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.10

0.20

-0.10

Correlation

The correlation between UMC and EWT 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

UMC vs. EWT - Dividend Comparison

UMC's dividend yield for the trailing twelve months is around 5.31%, more than EWT's 3.93% yield.


TTM20252024202320222021202020192018201720162015
UMC
United Microelectronics Corporation
5.31%6.06%7.14%6.93%7.92%2.44%1.62%3.51%6.59%2.41%3.61%3.15%
EWT
iShares MSCI Taiwan ETF
3.93%4.43%3.32%8.12%18.82%0.55%1.83%2.49%3.16%2.81%2.39%3.12%

Drawdowns

UMC vs. EWT - Drawdown Comparison

The maximum UMC drawdown since its inception was -72.52%, which is greater than EWT's maximum drawdown of -64.37%. Use the drawdown chart below to compare losses from any high point for UMC and EWT.


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Drawdown Indicators


UMCEWTDifference

Max Drawdown

Largest peak-to-trough decline

-72.52%

-64.37%

-8.15%

Max Drawdown (1Y)

Largest decline over 1 year

-31.01%

-15.53%

-15.48%

Max Drawdown (5Y)

Largest decline over 5 years

-54.30%

-38.88%

-15.42%

Max Drawdown (10Y)

Largest decline over 10 years

-54.30%

-38.88%

-15.42%

Current Drawdown

Current decline from peak

-28.13%

-6.93%

-21.20%

Average Drawdown

Average peak-to-trough decline

-42.81%

-19.35%

-23.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.29%

3.89%

+7.40%

Volatility

UMC vs. EWT - Volatility Comparison

United Microelectronics Corporation (UMC) and iShares MSCI Taiwan ETF (EWT) have volatilities of 9.62% and 9.80%, 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


UMCEWTDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.62%

9.80%

-0.18%

Volatility (6M)

Calculated over the trailing 6-month period

34.25%

18.16%

+16.09%

Volatility (1Y)

Calculated over the trailing 1-year period

40.98%

26.86%

+14.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.13%

22.32%

+15.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

38.39%

21.22%

+17.17%