EWT vs IVV
iShares MSCI Taiwan ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EWT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EWT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.03% | |
| AUM | $10.0B | $865.2B | |
| Dividend Yield | 2.59% | 1.09% | |
| Holdings | 85 | 508 | |
| YTD Return | +63.93% | +13.72% | |
| 1Y Return | +81.79% | +21.64% | |
| 3Y Return (annualized) | +40.26% | +21.55% | |
| 5Y Return (annualized) | +18.90% | +13.27% | |
| Volatility (annualized) | 24.5% | 15.1% | |
| Max Drawdown | -64.0% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 20, 2000 | May 15, 2000 |
EWT vs IVV Performance
iShares MSCI Taiwan ETF (EWT) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EWT returned +81.79% while IVV returned +21.64%. Year to date, EWT is up 63.93% versus a gain of 13.72% for IVV.
Over three years, EWT compounded at +40.26% per year against +21.55% for IVV; over five years the annualized figures are +18.90% and +13.27% respectively. Across the full 26-year window we track, EWT has the edge at +7.39% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EWT has been the more volatile fund, with annualized monthly volatility of 24.5% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -64.0% for EWT and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EWT charges 0.59% per year while IVV charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, EWT currently yields 2.59% against 1.09% for IVV.
Holdings Overlap
EWT and IVV share 1 holdings out of 584 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EWT | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.06% | 0.15% | 0.09% |
Frequently Asked Questions
Which is cheaper, EWT or IVV?
EWT has an expense ratio of 0.59% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, EWT or IVV?
Over the past year EWT returned +81.79% vs +21.64% for IVV, so EWT leads on 1-year performance. Over the longest common window we track (26 years), EWT annualized +7.39% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, EWT or IVV?
EWT has been the more volatile fund at 24.5% annualized versus 15.1% for IVV. Worst drawdown: EWT -64.0% vs IVV -56.5%.
Should I hold both EWT and IVV?
EWT and IVV have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EWT and IVV?
EWT and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 584 unique securities.
Which pays a higher dividend, EWT or IVV?
EWT yields 2.59% while IVV yields 1.09%, so EWT currently pays the higher dividend yield.
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