iShares MSCI Taiwan ETF (EWT)
| Assets | $6.86B |
| Expense Ratio | 0.59% |
| PE Ratio | 18.53 |
| Shares Out | 104.30M |
| Dividend (ttm) | $1.72 |
| Dividend Yield | 2.56% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 47.57% |
| Volume | 3,006,015 |
| Open | 66.66 |
| Previous Close | 66.98 |
| Day's Range | 66.56 - 67.21 |
| 52-Week Low | 39.44 |
| 52-Week High | 67.21 |
| Beta | 1.00 |
| Holdings | 95 |
| Inception Date | Jun 20, 2000 |
About EWT
Fund Home PageThe iShares MSCI Taiwan ETF (EWT) is an exchange-traded fund that is based on the MSCI Taiwan 25-50 index. The fund tracks an index of Taiwanese firms, covering the top 85% of the market and weighted by market cap subjected to diversification requirements. EWT was launched on Jun 20, 2000 and is issued by BlackRock.
Top 10 Holdings
49.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 25.07% |
| Hon Hai Precision Industry Co., Ltd. | 2317 | 5.97% |
| Delta Electronics, Inc. | 2308 | 4.63% |
| MediaTek Inc. | 2454 | 3.92% |
| Quanta Computer Inc. | 2382 | 1.90% |
| Fubon Financial Holding Co., Ltd. | 2881 | 1.90% |
| CTBC Financial Holding Co., Ltd. | 2891 | 1.70% |
| Wiwynn Corporation | 6669 | 1.62% |
| ASE Technology Holding Co., Ltd. | 3711 | 1.57% |
| Accton Technology Corporation | 2345 | 1.44% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $1.71782 | Dec 20, 2024 |
| Dec 20, 2023 | $5.52697 | Dec 27, 2023 |
| Dec 13, 2022 | $7.55762 | Dec 19, 2022 |
| Dec 13, 2021 | $1.39317 | Dec 17, 2021 |
| Dec 14, 2020 | $0.97273 | Dec 18, 2020 |
| Dec 16, 2019 | $1.02349 | Dec 20, 2019 |
Performance
EWT had a total return of 22.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.32%.
News
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EWT: Taiwan Exposure With Tech Overload And Geopolitical Risk
EWT offers exposure to Taiwan's large- and mid-cap stocks, with a heavy tilt toward tech (66% of holdings), especially Taiwan Semiconductor, which alone makes up ~24% of the ETF. The expense ratio is ...
China's Flow-Driven Equity Rally May Have Further Upside
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EWT: Taiwan Semiconductor Surging, Lifting The Taiwan ETF
EWT remains a buy due to strong momentum, attractive valuation, and a technical breakout above key resistance. The ETF's performance is heavily tied to Taiwan Semiconductor, which now makes up over 24...
HSBC strategist on why he particularly likes India and Taiwan markets now given all the uncertainty
Herald van der Linde from HSBC Global Research shares his Asian markets picks and explains why 'particularly cheap' South Korean equities could outperform Taiwanese equities this year.
EWT: Look Past Taiwan's Currency Turbulence
Taiwan's big currency move is a concern. But the key drivers remain tech fundamentals and tariffs. Large-cap-focused EWT looks compelling amid the turmoil.
EWT: Coming Out Of A Slump
Taiwan's economy has recovered from a brief recession in early 2023 but faces new challenges due to semiconductor industry volatility. Quarterly GDP growth dipped to 1.8% last quarter, indicating slow...
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan since Nov...
EWT: In A Good Place, But Doesn't Offer Great Value
iShares MSCI Taiwan ETF has outperformed its peers with an 18.2% return in 2024, driven by strong performance from TSMC. Taiwan's macroeconomic environment remains robust, with GDP growth expected to ...
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...
China's Policy Measures: A Pivotal Week?
China's policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. The reception from global markets has been very positi...
China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...
Taiwan's Net Exports Surged To Record High In August
A surge in exports and a slowdown of imports led to a record high trade surplus of USD$11.5bn last month. The stronger-than-anticipated trade surplus should offer some support to Taiwan's third-quarte...
China Will Struggle To Hit Its 5% Growth Target This Year
Momentum in the Chinese economy has softened in the past few months as pessimism becomes increasingly entrenched. That suggests further supportive policy measures are needed.
Chinese Equities: How Investors Can Unlock The Power Of Dividends
Chinese companies are being encouraged to return cash to shareholders - and are finding good reasons to do so. Regulators are encouraging companies to focus on shareholder returns, and changing macroe...
China's Stalling Credit Market Signals an Era Of Stagnation
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why hous...
China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% M...
The Chinese Economy Is In Trouble, Here Are The Warning Signs
China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...
China's Credit Activity Remained Weak In July
New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...
EWT: Taiwan Sports Value Despite The Risks, Better Chart Today
EWT has given back some of its year-to-date gain due to US tech selloff spreading to foreign areas, including Taiwan. The Taiwan fund has a high concentration in Taiwan Semiconductor, making it vulner...
EWT: There Are Better Options Than This ETF
EWT: There Are Better Options Than This ETF
Taiwan Export And Import Growth Surge To 28-Month Highs In June
Export and import growth both far exceeded forecasts in June, reaching their highest levels since February 2022. Exports to other regions finally recovered in June, after previously being concentrated...
China's Sluggish May Economic Data To Increase Calls For Rate Cuts
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and ...
China Accelerates Policy Support Rollout Amid Mixed Data
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
China's May PMI Disappointed As Manufacturing Fell Back Into Contraction
Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
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...
EWT: Taiwan's Economy Is Expanding, Buy On Any Pullback
iShares MSCI Taiwan Capped ETF has generated a total return over 57% since the trough in October 2022. EWT's portfolio is heavily concentrated in the technology sector, which has contributed to its ou...
Investors flood into Taiwan ETFs on AI boom, unnerving some
Money is pouring into Taiwan exchange-traded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst and regulator caution just as a rally in the sector h...
Roundtable Discussion On Gold, Tech, Bitcoin, Country ETFs And Ignored Stocks
5 Seeking Alpha analysts discuss current market trends and give some portfolio advice. Highlighting the versatility of single country ETFs and playing defense within the tech sector.
PBOC Held Rates Steady In March
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...
EWT ETF: A Tech Play With Potential To Outperform
iShares MSCI Taiwan ETF is worth considering for international diversification and potential outsized returns. The EWT ETF's top holdings include Taiwan Semiconductor Manufacturing Company Limited and...
The Taiwan Fund: Flipping Bullish As Tech Tailwinds Intensify
In bull markets, a higher beta, tech-heavy fund like Nomura's Taiwan Fund tends to add a fair bit of outperformance.
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom
China's January CPI inflation was weaker than forecast at -0.8% YoY, which marks the lowest level since September 2009. We expect this to mark the bottom of the current cycle.
China Begins Year Of The Dragon With Weak Economic Momentum
The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter ros...
China Growth Could Slow Amid Limited Policy Options
While recent policy announcements and data surprises have generated some optimism, we maintain a cautious stance on China's economic prospects. We believe weak consumption trends, a downbeat labor mar...
China Outlook: Market Rescue Welcomed, But More Needed
In response to the recent China equity market rout, policymakers vowed last week to stabilize the market through more forceful measures. Despite a very positive initial market reaction (an 8% rebound ...
