UMC vs. EWT
Compare and contrast key facts about United Microelectronics Corporation (UMC) and iShares MSCI Taiwan ETF (EWT).
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
UMC vs. EWT - Performance Comparison
Loading graphics...
UMC vs. EWT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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%
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
UMC vs. EWT — Risk / Return Rank
UMC
EWT
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.
| UMC | EWT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 2.08 | -1.19 |
Sortino ratioReturn per unit of downside risk | 1.64 | 2.78 | -1.13 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.38 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.07 | 3.73 | -2.66 |
Martin ratioReturn relative to average drawdown | 2.95 | 14.90 | -11.96 |
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
| UMC | EWT | Difference | |
|---|---|---|---|
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.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
Loading graphics...
Drawdown Indicators
| UMC | EWT | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -28.13% | -6.93% | -21.20% |
Average DrawdownAverage peak-to-trough decline | -42.81% | -19.35% | -23.46% |
Ulcer IndexDepth 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.
Loading graphics...
Volatility by Period
| UMC | EWT | Difference | |
|---|---|---|---|
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% |