Data Source: from January 1997 to August 2022
Consolidated Returns as of 31 Aug 2022
Category: Stocks
ETF: iShares MSCI Belgium ETF (EWK)

In the last 25 Years, the iShares MSCI Belgium ETF (EWK) ETF obtained a 4.46% compound annual return, with a 21.07% standard deviation.

In 2021, the ETF granted a 3.98% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Belgium ETF (EWK) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Developed Europe
  • Country: U.S.

Historical Returns as of Aug 31, 2022

Historical returns and stats of iShares MSCI Belgium ETF (EWK) ETF. Total Returns and Inflation Adjusted Returns are both mentioned.

ISHARES MSCI BELGIUM ETF (EWK) ETF
Consolidated returns as of 31 Aug 2022
Data Source: from January 1997 to August 2022
Swipe left to see all data
Period Return (%)
as of Aug 2022
Return (%)
Infl.Adj.
Standard
Deviation (%)
Max
Drawdown (%)
Months
Pos - Neg
1M
Aug 2022
-7.49
-7.45
-7.49
Aug 2022 - Aug 2022
0 - 1
3M
-13.29
-14.42
-13.29
Jun 2022 - Aug 2022
1 - 2
6M
-18.03
-21.48
-19.12
Apr 2022 - Aug 2022
2 - 4
YTD
-23.44
-27.93
-23.44
Jan 2022 - Aug 2022
2 - 6
1Y
-24.69
-30.44
14.50
-24.69
Sep 2021 - Aug 2022
4 - 8
33% pos
3Y(*)
-1.97
-6.55
21.68
-27.49
Jan 2020 - Mar 2020
19 - 17
53% pos
5Y(*)
-2.20
-5.80
19.34
-32.96
Feb 2018 - Mar 2020
31 - 29
52% pos
10Y(*)
5.74
3.11
16.35
-32.96
Feb 2018 - Mar 2020
69 - 51
58% pos
15Y(*)
0.04
-2.29
22.17
-69.83
Nov 2007 - Feb 2009
97 - 83
54% pos
20Y(*)
5.66
3.08
21.26
-70.43
Jun 2007 - Feb 2009
138 - 102
58% pos
25Y(*)
4.46
1.94
21.07
-70.43
Jun 2007 - Feb 2009
171 - 129
57% pos
MAX(*)
01 Jan 1997
4.46
1.95
20.93
-70.43
Jun 2007 - Feb 2009
177 - 131
57% pos
(*) Returns over 1 year are annualized

US Inflation is updated to Aug 2022. Current inflation (annualized) is 1Y: 8.26% , 5Y: 3.82% , 10Y: 2.54%

Correlations as of Aug 31, 2022

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

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

ISHARES MSCI BELGIUM ETF (EWK) ETF
Monthly correlations as of 31 Aug 2022
Swipe left to see all data
Correlation vs EWK
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 1997
US Total Stock Market
VTI
0.85
0.86
0.80
0.73
US Large Cap
SPY
0.87
0.86
0.80
0.73
US Small Cap
IJR
0.79
0.81
0.70
0.63
US REITs
VNQ
0.88
0.72
0.60
0.58
US Technology
QQQ
0.73
0.74
0.71
0.53
Preferred Stocks
PFF
0.81
0.70
0.64
0.45
EAFE Stocks
EFA
0.93
0.94
0.92
0.84
World All Countries
VT
0.89
0.91
0.88
0.82
Emerging Markets
EEM
0.69
0.78
0.73
0.67
Europe
VGK
0.95
0.94
0.93
0.88
Pacific
VPL
0.78
0.85
0.79
0.62
Latin America
FLLA
0.48
0.70
0.62
0.63
US Total Bond Market
BND
0.49
0.25
0.23
0.14
Long Term Treasuries
TLT
0.34
-0.13
-0.10
-0.15
US Cash
BIL
-0.36
-0.24
-0.22
-0.05
TIPS
TIP
0.58
0.37
0.31
0.19
Investment Grade Bonds
LQD
0.61
0.52
0.46
0.34
High Yield Bonds
HYG
0.69
0.70
0.66
0.63
International Bond Market
BNDX
0.41
0.26
0.25
0.21
Emerging Market Bonds
EMB
0.76
0.68
0.63
0.51
Gold
GLD
0.46
0.15
0.09
0.15
Commodities
DBC
0.48
0.58
0.43
0.32

Capital Growth as of Aug 31, 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 Belgium ETF (EWK) ETF: Dividend Yield page.

An investment of 1000$, since September 1997, now would be worth 2974.51$, with a total return of 197.45% (4.46% annualized).

The Inflation Adjusted Capital now would be 1614.95$, with a net total return of 61.49% (1.94% annualized).
An investment of 1000$, since January 1997, now would be worth 3063.46$, with a total return of 206.35% (4.46% annualized).

The Inflation Adjusted Capital now would be 1640.48$, with a net total return of 64.05% (1.95% annualized).

Drawdowns

Worst drawdowns since September 1997.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-70.43% Jun 2007 Feb 2009 21 May 2017 99 120
-52.16% Jan 1999 Feb 2003 50 Oct 2004 20 70
-32.96% Feb 2018 Mar 2020 26 Apr 2021 13 39
-25.31% Jun 2021 Aug 2022 15 in progress 15
-10.49% Aug 1998 Aug 1998 1 Dec 1998 4 5
-5.83% Mar 2005 May 2005 3 Aug 2005 3 6
-3.76% May 2006 Jun 2006 2 Aug 2006 2 4
-2.61% Oct 1997 Oct 1997 1 Jan 1998 3 4
-2.26% Jan 2005 Jan 2005 1 Feb 2005 1 2
-2.23% Feb 2007 Feb 2007 1 Mar 2007 1 2
-1.94% Oct 2005 Oct 2005 1 Nov 2005 1 2
-1.65% Jun 2017 Jun 2017 1 Jul 2017 1 2
-1.31% Nov 2017 Nov 2017 1 Jan 2018 2 3
-0.87% Aug 2017 Aug 2017 1 Sep 2017 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
-70.43% Jun 2007 Feb 2009 21 May 2017 99 120
-52.16% Jan 1999 Feb 2003 50 Oct 2004 20 70
-32.96% Feb 2018 Mar 2020 26 Apr 2021 13 39
-25.31% Jun 2021 Aug 2022 15 in progress 15
-10.49% Aug 1998 Aug 1998 1 Dec 1998 4 5
-10.29% Aug 1997 Aug 1997 1 Jan 1998 5 6
-5.83% Mar 2005 May 2005 3 Aug 2005 3 6
-3.76% May 2006 Jun 2006 2 Aug 2006 2 4
-2.26% Jan 2005 Jan 2005 1 Feb 2005 1 2
-2.23% Feb 2007 Feb 2007 1 Mar 2007 1 2
-1.94% Oct 2005 Oct 2005 1 Nov 2005 1 2
-1.65% Jun 2017 Jun 2017 1 Jul 2017 1 2
-1.31% Nov 2017 Nov 2017 1 Jan 2018 2 3
-0.87% Aug 2017 Aug 2017 1 Sep 2017 1 2
-0.39% Feb 1997 Feb 1997 1 Mar 1997 1 2

Rolling Returns ( more details)

iShares MSCI Belgium ETF (EWK) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
8.36 83.94
Mar 2003 - Feb 2004
-66.52
Dec 2007 - Nov 2008
36.70%
2 Years
6.33 58.21
Mar 2003 - Feb 2005
-42.93
Mar 2007 - Feb 2009
32.98%
3 Years
5.29 41.92
Apr 2003 - Mar 2006
-25.74
Mar 2006 - Feb 2009
30.04%
5 Years
5.36 29.64
Oct 2002 - Sep 2007
-14.01
Jun 2007 - May 2012
33.73%
7 Years
5.64 16.02
May 2000 - Apr 2007
-4.40
Jan 2005 - Dec 2011
21.33%
10 Years
4.98 12.25
Mar 2009 - Feb 2019
-4.96
Mar 1999 - Feb 2009
8.47%
15 Years
4.51 10.31
Mar 2003 - Feb 2018
0.03
Jul 2007 - Jun 2022
0.00%
20 Years
5.15 7.09
Nov 2001 - Oct 2021
2.37
Jan 1999 - Dec 2018
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 Belgium ETF (EWK) ETF: Rolling Returns page.

Seasonality

iShares MSCI Belgium ETF (EWK) 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
Win %
-0.47
50%
-0.56
42%
0.86
69%
2.80
69%
0.58
54%
-0.42
42%
1.58
65%
-0.78
46%
-0.40
56%
-0.19
56%
-0.09
60%
3.79
80%
Best
Year
8.4
2018
8.7
2014
8.0
1998
16.5
2003
15.2
2009
8.8
2012
12.7
2010
9.8
2009
13.6
2010
10.8
2002
21.5
2020
13.9
1998
Worst
Year
-19.0
2000
-10.8
2003
-16.2
2020
-6.0
2022
-9.3
2012
-16.5
2008
-13.5
2002
-10.5
1998
-21.1
2008
-33.7
2008
-13.2
2008
-7.1
2018
Statistics calculated for the period Jan 1997 - Aug 2022

Monthly/Yearly Returns

iShares MSCI Belgium ETF (EWK) ETF monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
177 Positive Months (57%) - 131 Negative Months (43%)
Jan 1997 - Aug 2022
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
-23.44 -27.93 -3.7 -3.0 1.4 -6.0 -0.8 -7.3 1.1 -7.5
2021
+12.87 +5.45 -1.3 -0.2 5.3 6.1 5.1 -1.8 -0.4 1.4 -5.3 4.2 -5.2 5.2
2020
+0.00 -1.34 -3.5 -10.4 -16.2 7.0 4.1 3.4 4.1 2.5 -3.3 -7.3 21.5 3.1
2019
+25.92 +23.11 8.2 1.8 2.3 3.9 -6.5 4.6 3.3 -2.2 2.0 1.3 1.9 3.5
2018
-20.39 -21.89 8.4 -4.2 -2.2 -2.5 -3.1 -0.7 3.6 -4.1 -2.0 -9.1 1.6 -7.1
2017
+23.71 +21.15 1.7 0.3 5.0 3.6 4.3 -1.7 6.1 -0.9 2.8 0.8 -1.3 1.0
2016
-1.35 -3.36 -5.0 -4.6 7.9 1.5 2.0 -2.3 2.5 0.1 3.8 -5.1 -4.3 3.2
2015
+13.80 +12.98 2.0 5.0 -2.7 3.3 2.1 -1.0 3.6 -5.8 -2.8 6.3 1.5 2.1
2014
+0.60 -0.16 -3.7 8.7 1.2 1.3 0.4 -1.3 -2.7 1.6 -4.1 -1.5 3.7 -2.4
2013
+24.55 +22.71 3.7 -1.0 -0.3 3.3 -0.8 -3.8 6.9 -1.3 7.1 4.5 0.1 4.3
2012
+35.31 +32.99 5.6 6.4 3.7 -2.3 -9.3 8.8 -0.7 4.6 5.1 1.0 3.0 6.0
2011
-15.38 -17.82 2.1 2.6 2.5 10.6 -4.2 -4.0 -5.5 -5.8 -12.4 5.5 -3.8 -2.3
2010
+5.00 +3.45 -1.6 -0.1 3.7 -4.8 -9.1 -2.5 12.7 -4.3 13.6 5.5 -11.7 6.9
2009
+49.46 +45.50 -6.4 -7.8 6.5 13.5 15.2 -1.9 8.7 9.8 7.8 -3.3 5.0 -2.9
2008
-61.72 -61.76 -7.7 0.3 4.9 4.3 -3.5 -16.5 -7.5 -0.2 -21.1 -33.7 -13.2 11.9
2007
-1.84 -5.69 1.8 -2.2 4.5 4.4 0.9 -1.2 -4.7 -1.9 2.7 3.4 -6.7 -2.1
2006
+35.62 +32.26 6.7 0.6 2.7 5.7 -3.4 -0.4 2.2 4.1 3.7 1.7 3.2 4.5
2005
+7.89 +4.33 -2.3 4.9 -1.2 -3.1 -1.6 0.1 4.5 1.5 0.4 -1.9 2.0 4.7
2004
+45.52 +40.94 7.5 2.0 -5.1 -0.4 2.9 4.3 -1.9 5.5 7.6 6.9 4.7 5.0
2003
+42.77 +40.13 -4.6 -10.8 1.5 16.5 11.8 -1.1 2.5 -1.2 5.3 6.7 3.0 9.5
2002
-9.21 -11.32 -3.3 -0.8 4.5 3.5 3.4 0.4 -13.5 0.3 -16.2 10.8 1.7 3.0
2001
-11.43 -12.78 0.4 -0.4 -11.0 2.6 -6.2 1.1 6.3 1.6 -9.1 -2.7 -0.3 7.2
2000
-18.63 -21.29 -19.0 -1.9 0.5 -4.4 6.6 2.9 4.2 -3.3 -2.8 -0.5 -7.8 8.3
1999
-14.10 -16.34 -3.5 -4.6 -6.7 -1.0 -5.2 4.0 -2.8 5.8 -2.7 -1.6 -2.0 6.2
1998
+57.13 +54.64 3.0 5.1 8.0 5.8 5.5 3.2 5.9 -10.5 1.0 6.2 0.7 13.9
1997
+12.12 +10.24 2.0 -0.4 1.6 0.4 4.2 3.7 2.5 -10.3 8.9 -2.6 0.4 2.2
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