EWT vs VOO
iShares MSCI Taiwan ETF vs Vanguard S&P 500 ETF
Which is better, EWT or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. EWT led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 48.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EWT | VOO |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $11.9B | $997.4B |
| Dividend Yield | 2.60% | 1.04% |
| Holdings | 87 | 509 |
| YTD Return | +78.54%Best | +14.14% |
| 1Y Return | +88.93%Best | +17.31% |
| 3Y Return (annualized) | +45.16%Best | +23.16% |
| 5Y Return (annualized) | +21.32%Best | +13.85% |
| Volatility (annualized) | 20.2% | 14.1%Best |
| Max Drawdown | -38.9% | -34.3%Best |
| $10,000 over 5 years | $26,282Best | $19,128 |
| Top 10 Weight | 48.0% | 37.6%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 20, 2000 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 21, 2026 (16 years).
EWT vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
EWT vs VOO Performance
iShares MSCI Taiwan ETF (EWT) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year EWT returned +88.93% while VOO returned +17.31%. Year to date, EWT is up 78.54% versus a gain of 14.14% for VOO.
Over three years, EWT compounded at +45.16% per year against +23.16% for VOO; over five years the annualized figures are +21.32% and +13.85% respectively. Across the full 16-year window we track, EWT has the edge at +14.38% annualized vs +13.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EWT has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 14.1% for VOO. 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 -38.9% for EWT and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EWT charges 0.59% per year while VOO 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 2.60% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 78 holdings in EWT and 494 in VOO, totalling 99.7% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 78 positions we hold weights for in EWT and 494 in VOO, against full books of 87 and 509.
What only one of them owns
Our book lists 487 positions for VOO that do not appear in our book for EWT (99.2% of the fund), and 1 for EWT that do not appear in VOO (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of EWT and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EWT or VOO?
EWT has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, EWT or VOO?
Over the past year EWT returned +88.93% vs +17.31% for VOO, so EWT leads on 1-year performance. Over the longest common window we track (16 years), EWT annualized +14.38% vs +13.49% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EWT or VOO?
EWT has been the more volatile fund at 20.2% annualized versus 14.1% for VOO. Worst drawdown: EWT -38.9% vs VOO -34.3%.
Should I hold both EWT and VOO?
EWT and VOO have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EWT or VOO?
EWT yields 2.60% while VOO yields 1.04%, so EWT currently pays the higher dividend yield.
Is VOO better than EWT?
VOO has a lower expense ratio. EWT led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 48.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.