iShares MSCI Malaysia ETF (EWM)
| Assets | $257.75M |
| Expense Ratio | 0.50% |
| PE Ratio | 15.40 |
| Shares Out | 9.98M |
| Dividend (ttm) | $0.96 |
| Dividend Yield | 3.69% |
| Ex-Dividend Date | Jun 16, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 56.65% |
| Volume | 144,780 |
| Open | 25.99 |
| Previous Close | 26.06 |
| Day's Range | 25.89 - 26.07 |
| 52-Week Low | 20.80 |
| 52-Week High | 26.34 |
| Beta | 0.50 |
| Holdings | 33 |
| Inception Date | Mar 12, 1996 |
About EWM
Fund Home PageThe iShares MSCI Malaysia ETF (EWM) is an exchange-traded fund that is based on the MSCI Malaysia index, a market-cap-weighted index of Malaysian stocks primarily traded on the Kuala Lumpur Stock Exchange. EWM was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
66.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Public Bank Berhad | PBBANK | 12.67% |
| Malayan Banking Berhad | MAYBANK | 12.33% |
| CIMB Group Holdings Berhad | CIMB | 12.28% |
| Tenaga Nasional Berhad | TENAGA | 7.18% |
| Press Metal Aluminium Holdings Berhad | PMETAL | 4.84% |
| Gamuda Berhad | GAMUDA | 4.83% |
| IHH Healthcare Berhad | IHH | 3.78% |
| PETRONAS Gas Berhad | PETGAS | 3.00% |
| AMMB Holdings Berhad | AMBANK | 2.95% |
| Sunway Berhad | SUNWAY | 2.83% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.50795 | Jun 20, 2025 |
| Dec 17, 2024 | $0.45078 | Dec 20, 2024 |
| Jun 11, 2024 | $0.36263 | Jun 17, 2024 |
| Dec 20, 2023 | $0.37153 | Dec 27, 2023 |
| Jun 7, 2023 | $0.36523 | Jun 13, 2023 |
| Dec 13, 2022 | $0.21897 | Dec 19, 2022 |
Performance
EWM had a total return of 9.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.54%.
News
EWM: Strong Growth And Notable Discount To Emerging Asia (Rating Downgrade)
The iShares MSCI Malaysia ETF (EWM) remains a solid long-term exposure to Malaysia, but is downgraded to Hold after a strong rally. Malaysia's economy is resilient, with upgraded 2025 growth projectio...
Best And Worst Country ETFs Since Trump 2.0
It has been 225 days since President Trump's Inauguration on January 20th, and the S&P 500 entered today up 8% since the last close before the Inauguration. Speaking of the G7, the US has been the wor...
EWM: For Malaysia, It's Break The Middle Income Trap Or Bust
Malaysia faces a real risk of a middle-income trap due to stagnant wages, brain drain, and over-reliance on depleting oil revenues. Despite attractive valuations and a diversified economy, structural ...
EWM: Road To Recovery
EWM which focuses on 30 stocks from Malaysia is up by only low single-digits this year, and underperforming emerging markets and global markets quite significantly. We now feel EWM could witness bette...
EWM: Uninspiring Long-Term Outlook For This Malaysian ETF
iShares MSCI Malaysia ETF offers investors exposure to some of the largest firms trading on Malaysia's stock market. Almost 60% of its holdings are established banks and utilities, with zero technolog...
EWM: Great Opportunity But Low Diversification
Investing in Malaysia via the iShares MSCI Malaysia ETF (EWM) offers potential but carries significant risks due to its 45% exposure to the financial sector. Malaysia's economy is stable with low cred...
EWM: Malaysia Is Sheltered From Broader EM Risks
ASEAN economies are expected to maintain steady growth despite global macro headwinds, with Malaysia poised to benefit from higher commodity prices and geopolitical shifts. Historical trends show ASEA...
EWM: Financial And Ringgit Exposure Not The Best With Trump
The iShares MSCI Malaysia ETF is risky due to concerns about the Ringgit, Trump tariffs, and a weaker Chinese economy. Financials and utilities dominate EWM, with Ringgit value and NIMs under pressure...
Bursa Malaysia CEO on making Malaysian markets attractive
Bursa Malaysia CEO Muhamad Umar Swift talks about why Southeast Asian companies are increasingly turning to Malaysia to list or improve liquidity.
China Outperforms The Rest Of The World
Shanghai CSI 300 has gone from a 52-week low to a 52-week high in only a couple of weeks. Other than China and Hong Kong, Australia is the only other international market starting the week at a 52-wee...
Highest And Lowest Country ETF Dividend Yields
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage poin...
EWM: A Good Story And Strategic Emerging Market To Consider
iShares MSCI Malaysia ETF offers investors diversification outside U.S. large-cap tech exposure. The EWM ETF tracks the MSCI Malaysia Index, giving investors access to Malaysia's growing economy with ...
EWM: The AI Boom Arrives In Malaysia
Malaysian stocks have begun to reverse a decade-long slump. AI-led investments are fueling a new leg of growth. The fundamental/technical setup screens favorably here.
Top 10 Most Shorted ETFs Still Attract Inflows
Over the last month, the top ten most shorted ETFs have attracted Inflows of $5.6B. As equity markets in the US continue to set record highs, investors appear to expect the bull market to continue. ET...
EWM: Not A Lot Of Light At The End Of The Tunnel For Malaysian Stocks
iShares MSCI Malaysia ETF aims to track Malaysian equities, with heavy concentration in financials. Malaysia offers potential undervalued opportunities as global companies outsource production away fr...
EWM: Ringgit Might Perform
The iShares MSCI Malaysia ETF is heavily exposed to financials and the performance of the Malaysian Ringgit. There is potential upside for EWM due to likely monetary policy evolutions for financials a...
ASEAN Economic Outlook In 2024
The total nominal GDP of the ten ASEAN nations measured in US dollar terms amounted to USD 3.6 trillion in 2022, more than doubling compared with total GDP of USD 1.6 trillion in 2009. Singapore's GDP...
Malaysian Economy Moderates In Mid-2023
Malaysian economic growth moderated to a pace of 2.9% year-on-year (y/y) in the second quarter of 2023, compared to growth of 5.6% y/y in the first quarter of 2023. Merchandise exports have been weak ...
EWM: Clearer Skies Ahead For Malaysian Stocks
With inflation pressures swiftly cooling off, the Malaysian monetary policy stance is turning increasingly accommodative. Earnings growth estimates also remain solid despite the external headwinds. Al...
Emerging Markets Perform Resiliently In The Year-To-Date Despite Growing Cyclical Headwinds
According to S&P Global Manufacturing PMI data, output growth across emerging economies excluding mainland China recorded its strongest quarterly average for 12 years in the second quarter of 2023. Mo...
EWM: Malaysian Equities May Be Close To A Bottom
The iShares MSCI Malaysia ETF's poor performance in recent years has extended into 2023. But with earnings growth intact and the rate hike cycle likely at an end, there is light at the end of the tunn...
EWM: A Cheaply Priced Emerging Market Growth Play
The iShares MSCI Malaysia ETF offers investors low-cost exposure to Malaysian equities, albeit through a concentrated investment vehicle. As the ETF retains an outsized exposure to the major banks, it...
Amid 2022's Equity Pain, Southeast Asia Has Been An Overlooked Gem
Against the challenging environment and increasingly dimming economy globally in 2022, Southeast Asian countries represent a rare part of the world that have delivered impressive resilience. The heavi...
EWM: Malaysian Equities Are Firmly Overvalued
EWM invests in Malaysian equities. While markets tend to lead the real economy, and the regional economy may be bottoming cyclically, I do not think EWM is priced for a bounce-back.
ASEAN Foreign Direct Investment Inflows Reach Record High
Key drivers for rising FDI inflows into Southeast Asia include diversification of manufacturing supply chains by multinationals, as well as new investments to tap rapidly growing consumer markets in A...
Asian Exports Are Softening
Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle with inflation, energy security, and rising recession ris...
EWM: The Bearish Trend Of Malaysian Stocks Is Likely To Persist
EWM invests in Malaysian stocks, which have maintained a bearish trend for over a year now. From a cyclical standpoint, including EWM's key sector exposures, EWM does not look well positioned.
ASEAN Manufacturing Rebounds In October, RCEP Ratification Boosts Longer-Term Economic Outlook
The ASEAN region has shown a strong rebound in manufacturing output during October. As a result of the severe negative impact of the COVID-19 pandemic and widespread lockdowns and travel bans, many AS...
iShares MSCI Malaysia ETF - For Investors Who Can Digest Elevated Risks
RLX offers e-vapor products with various value-added features.
EWM: Malaysian Equities Are Fairly Priced With No Margin Of Safety
Malaysia equities appear to be fairly priced, but with no margin of safety. EWM is exposed mainly to bank stocks, and these stocks are not likely to outperform given how low interest rates are.
EWM: Malaysian Equities Are Affordable But Unexciting
Malaysian equities look more attractive than U.S. equities from a valuation standpoint. However, EWM (a Malaysia-focused ETF) is heavily exposed to the local Financials sector.
EWM: Tepidly Optimistic
The Malaysian central bank has reported a 3.4% contraction in 4Q20 GDP, which is a much bleaker result if compared to a 2.6% decline in 3Q20. Some pundits consider that a 25 bps cut in the overnight p...






