EWT
iShares MSCI Taiwan ETF
#1 of 10 in Emerging Markets by own-history percentile (high → low)
Relative to SPY
Relative price history
EWT ÷ SPY, 10-year range, as of Jul 17, 2026
How the reading moved
These changes re-score an older EWT÷SPY ratio against today's 10-year window, so they show whether the relative price has drifted toward the highs or lows of its own history — not a peer ranking and not a return forecast.
- About one week: +10.9 pts (from 87.6% on Jun 30, 2026 to 98.5% now)
- About one month: +19.2 pts (from 79.3% on May 29, 2026 to 98.5% now)
Emerging Markets
Where this sits among peers
Emerging Markets · EWT highlighted · same axes as the category chart on the home page
Top holdings
Holdings snapshot as of Jul 17, 2026.
What moves this
EWT is extremely concentrated in a single dominant semiconductor foundry and its supply chain, so this fund's relative price has increasingly become a direct read on global AI and advanced-chip demand rather than on the broader Taiwanese economy.
FAQ
Is this fund basically a bet on one company?
A single semiconductor foundry typically makes up an unusually large share of this index's weight, more concentrated than most other single-country funds on this site.
Why has this fund tracked the AI/chip narrative so closely in recent years?
Because the dominant company in this index manufactures advanced chips used across the AI hardware supply chain, global AI infrastructure demand feeds directly into this fund's relative price.
Does geopolitical risk around Taiwan affect this fund's valuation?
Cross-strait tensions are a recurring risk factor that market participants cite, though isolating that effect from the semiconductor-cycle effect in the price history is not something this page's methodology attempts to do.
Emerging Markets