Data Source: from January 1997 to November 2022 (~26 years)
Consolidated Returns as of 30 November 2022
Live Update: Dec 07 2022, 10:58AM Eastern Time
Category: Stocks
ETF: iShares MSCI Australia ETF (EWA)
ETF • LIVE PERFORMANCE (USD currency)
0.30%
1 Day
Dec 07 2022, 10:58AM Eastern Time
2.36%
Current Month
December 2022

In the last 25 Years, the iShares MSCI Australia ETF (EWA) ETF obtained a 8.17% compound annual return, with a 22.36% standard deviation.

In 2021, the ETF granted a 5.32% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Australia ETF (EWA) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Developed Asia Pacific
  • Country: Australia

Historical Returns as of Nov 30, 2022

Historical returns and Metrics of iShares MSCI Australia ETF (EWA) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends
ISHARES MSCI AUSTRALIA ETF (EWA) ETF
Portfolio Metrics
Data Source: 1 January 1997 - 30 November 2022 (~26 years)
Swipe left to see all data
Metrics as of Nov 30, 2022
1M 3M 6M 1Y 3Y 5Y 10Y 20Y MAX
(~26Y)
Portfolio
Return (%)
14.33 8.12 -0.91 3.62 5.52 5.46 4.27 9.50 7.25
US Inflation (%) 0.00 0.62 1.96 7.22 5.03 3.85 2.61 2.52 2.46
Infl. Adjusted
Return (%)
14.33 7.46 -2.81 -3.35 0.47 1.54 1.61 6.81 4.67
Waiting for updates, inflation of Nov 2022 is temporarily set to 0%. Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 28.27 26.33 21.55 19.34 22.17 22.25
Sharpe Ratio 0.09 0.19 0.21 0.19 0.38 0.15
Sortino Ratio 0.13 0.25 0.27 0.25 0.50 0.20
MAXIMUM DRAWDOWN
Drawdown Depth (%) -23.37 -31.36 -31.36 -31.36 -63.81 -63.81
Start (yyyy mm) 2022 04 2020 01 2020 01 2020 01 2007 11 2007 11
Bottom (yyyy mm) 2022 09 2020 03 2020 03 2020 03 2009 02 2009 02
Start to Bottom (# months) 6 3 3 3 16 16
Start to Recovery (# months) in progress
> 8
11
11
11
64
64
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 103.51 36.59 35.75 17.21 10.63
Worst Return (%) -54.85 -12.83 -3.18 0.35 6.79
% Positive Periods 66% 78% 92% 100% 100%
MONTHS
Positive 1 2 3 7 22 38 73 146 185
Negative 0 1 3 5 14 22 47 94 126
% Positive 100% 67% 50% 58% 61% 63% 61% 61% 59%
WITHDRAWAL RATES (WR)
Safe WR (%) 35.42 21.18 10.59 12.50 6.93
Perpetual WR (%) 0.47 1.52 1.59 6.38 4.46
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the ETF
  • Standard Deviation: it's a measure of the dispersion of returns around the mean
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the ETF. It's calculated by dividing the excess return of the ETF over the risk-free rate by the ETF standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the ETF. It's a modification of the Sharpe Ratio (same formula but the denominator is the ETF downside standard deviation).
  • Maximum Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
  • Rolling Returns: returns over a time frame (best, worst, % of positive returns).
  • Pos./Neg. Months: number of months with positive/negative return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
  • Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).

Correlations as of Nov 30, 2022

Monthly correlations of iShares MSCI Australia ETF (EWA) ETF vs the main Asset Classes, over different timeframes.

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1.

If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.

Asset correlations are calculated based on monthly returns.

Columns are sortable (click on table header to sort).

ISHARES MSCI AUSTRALIA ETF (EWA) ETF
Monthly correlations as of 30 November 2022
Swipe left to see all data
Correlation vs EWA
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 1997
US Total Stock Market
VTI
0.87
0.86
0.77
0.76
US Large Cap
SPY
0.87
0.84
0.76
0.74
US Small Cap
IJR
0.82
0.84
0.71
0.72
US REITs
VNQ
0.86
0.81
0.71
0.62
US Technology
QQQ
0.86
0.74
0.66
0.61
Preferred Stocks
PFF
0.76
0.76
0.65
0.48
EAFE Stocks
EFA
0.88
0.89
0.84
0.84
World All Countries
VT
0.90
0.90
0.84
0.84
Emerging Markets
EEM
0.66
0.73
0.75
0.83
Europe
VGK
0.84
0.88
0.78
0.80
Pacific
VPL
0.92
0.86
0.85
0.79
Latin America
FLLA
0.60
0.67
0.67
0.75
US Total Bond Market
BND
0.68
0.39
0.33
0.18
Long Term Treasuries
TLT
0.59
-0.02
0.00
-0.10
US Cash
BIL
0.17
-0.16
-0.08
-0.05
TIPS
TIP
0.76
0.51
0.48
0.28
Invest. Grade Bonds
LQD
0.76
0.61
0.54
0.36
High Yield Bonds
HYG
0.79
0.78
0.72
0.66
International Bonds
BNDX
0.66
0.39
0.33
0.20
Emerg. Market Bonds
EMB
0.79
0.77
0.71
0.64
Gold
GLD
0.65
0.29
0.20
0.29
Commodities
DBC
0.45
0.64
0.52
0.48

Capital Growth as of Nov 30, 2022

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the iShares MSCI Australia ETF (EWA) ETF: Dividend Yield page.

An investment of 1000$, since December 1997, now would be worth 7128.93$, with a total return of 612.89% (8.17% annualized).

The Inflation Adjusted Capital now would be 3863.34$, with a net total return of 286.33% (5.55% annualized).
An investment of 1000$, since January 1997, now would be worth 6136.51$, with a total return of 513.65% (7.25% annualized).

The Inflation Adjusted Capital now would be 3265.81$, with a net total return of 226.58% (4.67% annualized).

Drawdowns

Worst drawdowns since December 1997.

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Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-63.81% Nov 2007 Feb 2009 16 Feb 2013 48 64
-31.36% Jan 2020 Mar 2020 3 Nov 2020 8 11
-30.84% Sep 2014 Feb 2016 18 Dec 2017 22 40
-27.74% May 1999 Sep 2001 29 May 2003 20 49
-24.61% Apr 1998 Aug 1998 5 Mar 1999 7 12
-23.37% Apr 2022 Sep 2022 6 in progress 2 8
-17.76% May 2013 Jun 2013 2 Jul 2014 13 15
-14.24% Feb 2018 Dec 2018 11 Jun 2019 6 17
-10.53% Nov 2021 Jan 2022 3 Mar 2022 2 5
-7.53% Apr 2004 Apr 2004 1 Sep 2004 5 6
-5.89% Jun 2021 Sep 2021 4 Oct 2021 1 5
-5.61% Oct 2005 Oct 2005 1 Jan 2006 3 4
-5.58% Mar 2005 May 2005 3 Jul 2005 2 5
-5.42% May 2006 Jun 2006 2 Oct 2006 4 6
-3.82% Jul 2019 Aug 2019 2 Nov 2019 3 5
-2.65% Feb 2006 Feb 2006 1 Apr 2006 2 3
-1.86% Jul 2007 Aug 2007 2 Sep 2007 1 3
-1.26% Jul 2003 Jul 2003 1 Aug 2003 1 2
-0.84% Jan 2021 Jan 2021 1 Feb 2021 1 2
-0.75% Jan 2004 Jan 2004 1 Feb 2004 1 2

Worst drawdowns since January 1997.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-63.81% Nov 2007 Feb 2009 16 Feb 2013 48 64
-31.36% Jan 2020 Mar 2020 3 Nov 2020 8 11
-30.84% Sep 2014 Feb 2016 18 Dec 2017 22 40
-30.60% Jul 1997 Aug 1998 14 Apr 1999 8 22
-27.74% May 1999 Sep 2001 29 May 2003 20 49
-23.37% Apr 2022 Sep 2022 6 in progress 2 8
-17.76% May 2013 Jun 2013 2 Jul 2014 13 15
-14.24% Feb 2018 Dec 2018 11 Jun 2019 6 17
-10.53% Nov 2021 Jan 2022 3 Mar 2022 2 5
-7.53% Apr 2004 Apr 2004 1 Sep 2004 5 6
-5.89% Jun 2021 Sep 2021 4 Oct 2021 1 5
-5.61% Oct 2005 Oct 2005 1 Jan 2006 3 4
-5.58% Mar 2005 May 2005 3 Jul 2005 2 5
-5.42% May 2006 Jun 2006 2 Oct 2006 4 6
-4.55% Jan 1997 Jan 1997 1 Apr 1997 3 4
-3.82% Jul 2019 Aug 2019 2 Nov 2019 3 5
-2.65% Feb 2006 Feb 2006 1 Apr 2006 2 3
-1.86% Jul 2007 Aug 2007 2 Sep 2007 1 3
-1.26% Jul 2003 Jul 2003 1 Aug 2003 1 2
-0.84% Jan 2021 Jan 2021 1 Feb 2021 1 2

Rolling Returns ( more details)

iShares MSCI Australia ETF (EWA) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
9.88 103.51
Mar 2009 - Feb 2010
-54.85
Dec 2007 - Nov 2008
33.67%
2 Years
9.01 57.62
Mar 2009 - Feb 2011
-28.54
Mar 2007 - Feb 2009
26.04%
3 Years
8.44 36.59
Oct 2002 - Sep 2005
-12.83
Mar 2006 - Feb 2009
21.74%
5 Years
8.71 35.75
Nov 2002 - Oct 2007
-3.18
Mar 2011 - Feb 2016
8.33%
7 Years
8.94 25.22
Nov 2000 - Oct 2007
-3.13
Apr 2013 - Mar 2020
0.88%
10 Years
8.84 17.21
Nov 1997 - Oct 2007
0.35
Apr 2010 - Mar 2020
0.00%
15 Years
8.53 12.02
Sep 1998 - Aug 2013
1.36
Nov 2007 - Oct 2022
0.00%
20 Years
8.68 10.63
Oct 2001 - Sep 2021
6.79
Apr 2000 - Mar 2020
0.00%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares MSCI Australia ETF (EWA) ETF: Rolling Returns page.

Seasonality

iShares MSCI Australia ETF (EWA) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.20
40%
-0.35
60%
-2.82
60%
1.80
80%
2.31
100%
0.64
60%
2.09
60%
-0.76
40%
-3.77
20%
1.37
80%
4.80
80%
2.61
80%
 Capital Growth on monthly avg returns
100
99.80
99.45
96.65
98.38
100.66
101.30
103.42
102.64
98.77
100.12
104.93
107.67
Best 7.0
2019
5.3
2022
9.9
2022
9.7
2020
6.0
2020
8.3
2020
7.2
2022
4.4
2020
2.6
2019
6.6
2021
14.9
2020
6.3
2020
Worst -8.0
2022
-9.6
2020
-22.8
2020
-7.0
2022
0.1
2019
-11.2
2022
-0.8
2021
-3.6
2022
-10.5
2022
-6.9
2018
-7.6
2021
-3.9
2018
Monthly Seasonality over the period Dec 2017 - Nov 2022
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.56
40%
1.88
70%
0.15
70%
1.97
80%
-1.12
60%
-0.22
50%
2.68
70%
-1.50
40%
-2.46
30%
2.24
80%
1.40
70%
1.65
70%
 Capital Growth on monthly avg returns
100
99.44
101.30
101.46
103.45
102.29
102.07
104.81
103.24
100.70
102.96
104.40
106.12
Best 7.0
2019
8.3
2014
11.8
2016
9.7
2020
6.0
2020
8.3
2020
7.4
2016
4.4
2020
7.6
2013
6.6
2021
14.9
2020
6.3
2020
Worst -8.0
2022
-9.6
2020
-22.8
2020
-7.0
2022
-13.1
2013
-11.2
2022
-0.8
2021
-10.9
2015
-11.9
2014
-6.9
2018
-7.6
2021
-3.9
2018
Monthly Seasonality over the period Dec 2012 - Nov 2022
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.20
50%
1.06
54%
0.97
65%
3.23
77%
-1.32
54%
1.03
62%
1.00
46%
-1.15
50%
-0.57
50%
1.97
69%
1.13
65%
2.48
72%
 Capital Growth on monthly avg returns
100
99.80
100.86
101.84
105.13
103.74
104.80
105.85
104.63
104.04
106.08
107.28
109.94
Best 9.2
2012
8.3
2014
19.3
2009
13.3
2001
12.1
2009
14.6
2000
13.5
2010
7.1
2009
13.8
2007
18.3
2011
14.9
2020
11.0
2003
Worst -17.1
2009
-9.6
2020
-22.8
2020
-7.5
2004
-14.2
2010
-11.2
2022
-8.6
2002
-15.9
1998
-17.6
2011
-27.0
2008
-8.9
2008
-5.0
2011
Monthly Seasonality over the period Jan 1997 - Nov 2022

Monthly/Yearly Returns

iShares MSCI Australia ETF (EWA) ETF data source starts from January 1997: let's focus on monthly and yearly returns.

We are providing two different views:
  • Histogram: it shows the distribution of the returns recorded so far
  • Plain Table: it shows the detailed monthly and yearly returns
MONTHLY RETURNS HISTOGRAM
Jan 1997 - Nov 2022
185 Positive Months (59%) - 126 Negative Months (41%)
MONTHLY RETURNS TABLE
Jan 1997 - Nov 2022
(Scroll down to see all data)
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
-1.51 -7.86 -8.0 5.3 9.9 -7.0 0.4 -11.2 7.2 -3.6 -10.5 5.6 14.3
2021
+8.95 +1.79 -0.8 3.2 1.1 4.4 3.3 -1.5 -0.8 0.6 -4.2 6.6 -7.6 5.2
2020
+8.26 +6.81 -1.7 -9.6 -22.8 9.7 6.0 8.3 3.3 4.4 -5.1 0.3 14.9 6.3
2019
+22.41 +19.68 7.0 3.4 1.1 1.2 0.1 5.5 -0.6 -3.3 2.6 1.3 1.3 1.1
2018
-12.02 -13.67 2.6 -4.0 -3.5 0.8 1.7 2.1 1.4 -1.9 -1.6 -6.9 1.0 -3.9
2017
+19.93 +17.46 5.0 3.3 3.0 -0.7 -4.3 3.1 4.7 -0.2 -0.9 1.2 0.3 4.3
2016
+11.11 +8.85 -7.0 -2.0 11.8 3.2 -2.4 1.4 7.4 -3.2 3.4 -3.0 0.8 1.6
2015
-9.96 -10.61 -1.1 8.0 -3.5 2.0 -3.3 -4.4 -0.5 -10.9 -3.9 5.6 0.9 2.1
2014
-4.66 -5.37 -5.5 8.3 3.7 2.2 0.4 -0.1 1.8 2.1 -11.9 6.2 -7.1 -3.1
2013
+1.77 +0.27 3.9 2.9 0.6 3.9 -13.1 -5.3 3.0 0.9 7.6 5.5 -4.9 -1.4
2012
+24.11 +21.99 9.2 1.4 -1.0 1.4 -12.9 7.5 6.1 1.3 1.4 3.3 1.6 4.3
2011
-11.65 -14.20 -2.2 5.0 2.0 6.2 -5.5 -0.8 -3.2 -3.5 -17.6 18.3 -2.0 -5.0
2010
+15.30 +13.60 -7.6 4.9 8.4 -2.4 -14.2 -4.7 13.5 -2.3 12.7 3.1 -3.9 10.9
2009
+68.13 +63.68 -17.1 -3.4 19.3 9.7 12.1 2.3 12.7 7.1 11.5 -3.0 6.4 0.7
2008
-47.95 -48.00 -6.7 -1.3 -2.9 7.8 5.4 -9.6 -6.0 -4.3 -13.8 -27.0 -8.9 9.8
2007
+28.24 +23.21 1.8 2.8 5.5 4.4 3.0 2.0 -1.5 -0.4 13.8 9.2 -8.8 -4.8
2006
+30.84 +27.60 8.5 -2.6 0.8 9.6 -5.2 -0.2 1.0 2.8 -1.6 8.6 4.3 2.5
2005
+16.67 +12.82 0.8 5.4 -4.4 -0.7 -0.5 5.6 1.9 2.7 6.1 -5.6 1.8 3.4
2004
+29.40 +25.32 -0.7 5.2 0.9 -7.5 1.5 1.7 -1.3 2.3 7.2 6.5 7.5 4.0
2003
+55.17 +52.30 4.0 -1.6 3.2 6.7 5.9 2.5 -1.3 3.6 3.6 8.0 -0.1 11.0
2002
-1.18 -3.47 1.5 -0.6 3.9 0.0 6.3 -4.9 -8.6 3.4 -8.6 6.1 5.0 -3.0
2001
+1.89 +0.34 4.4 -4.7 -12.2 13.3 0.6 2.4 -3.5 2.0 -17.5 13.9 6.0 1.9
2000
-11.87 -14.76 -4.0 -2.9 -4.2 0.6 -5.0 14.6 -6.4 0.4 -4.4 -5.3 0.7 5.2
1999
+19.26 +16.14 5.3 -0.6 1.9 13.0 -8.7 7.2 -1.7 -7.0 3.1 -2.4 2.5 7.4
1998
+4.20 +2.54 8.1 -0.6 3.1 -0.6 -7.9 0.0 -2.0 -15.9 9.0 7.5 7.0 -0.5
1997
-12.15 -13.62 -4.5 2.4 -0.6 2.9 2.3 3.3 -0.5 -7.0 4.8 -12.6 -3.9 2.1
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