Data Source: from January 1997 to December 2022 (~26 years)
Consolidated Returns as of 31 December 2022
Live Update: Jan 30 2023
Category: Stocks
ETF: iShares MSCI United Kingdom ETF (EWU)
ETF • LIVE PERFORMANCE (USD currency)
0.18%
1 Day
Jan 30 2023
6.07%
Current Month
January 2023

In the last 25 Years, the iShares MSCI United Kingdom ETF (EWU) ETF obtained a 3.27% compound annual return, with a 17.15% standard deviation.

In 2022, the ETF granted a 3.19% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI United Kingdom ETF (EWU) 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 Dec 31, 2022

Historical returns and Metrics of iShares MSCI United Kingdom ETF (EWU) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends
ISHARES MSCI UNITED KINGDOM ETF (EWU) ETF
Portfolio Metrics
Data Source: 1 January 1997 - 31 December 2022 (~26 years)
Swipe left to see all data
Metrics as of Dec 31, 2022
1M 3M 6M 1Y 3Y 5Y 10Y 20Y MAX
(~26Y)
Portfolio
Return (%)
-1.31 18.73 3.87 -4.38 -0.10 0.72 2.48 5.02 3.81
US Inflation (%) -0.31 0.00 0.16 6.45 4.92 3.78 2.60 2.51 2.44
Infl. Adjusted
Return (%)
-1.00 18.73 3.70 -10.18 -4.78 -2.95 -0.12 2.45 1.34
Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 20.93 21.74 18.94 15.97 17.58 17.03
Sharpe Ratio -0.28 -0.03 -0.02 0.12 0.22 -0.01
Sortino Ratio -0.41 -0.04 -0.03 0.16 0.30 -0.01
MAXIMUM DRAWDOWN
Drawdown Depth (%) -21.24 -29.97 -29.97 -29.97 -59.92 -59.92
Start (yyyy mm) 2022 02 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) 8 3 3 3 16 16
Start to Recovery (# months) in progress
> 11
17
17
17
78
78
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 59.86 26.02 21.03 9.07 5.02
Worst Return (%) -51.85 -16.79 -8.76 -3.38 1.06
% Positive Periods 58% 61% 67% 91% 100%
MONTHS
Positive 0 2 3 6 21 35 71 140 181
Negative 1 1 3 6 15 25 49 100 131
% Positive 0% 67% 50% 50% 58% 58% 59% 58% 58%
WITHDRAWAL RATES (WR)
Safe WR (%) 30.27 18.36 10.66 8.20 5.23
Perpetual WR (%) 0.00 0.00 0.00 2.39 1.32
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 Dec 31, 2022

Monthly correlations of iShares MSCI United Kingdom ETF (EWU) 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 UNITED KINGDOM ETF (EWU) ETF
Monthly correlations as of 31 December 2022
Swipe left to see all data
Correlation vs EWU
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 1997
US Total Stock Market
VTI
0.77
0.82
0.80
0.83
US Large Cap
SPY
0.79
0.82
0.80
0.83
US Small Cap
IJR
0.74
0.83
0.73
0.72
US REITs
VNQ
0.72
0.73
0.59
0.59
US Technology
QQQ
0.69
0.66
0.67
0.62
Preferred Stocks
PFF
0.67
0.68
0.60
0.48
EAFE Stocks
EFA
0.95
0.95
0.94
0.93
World All Countries
VT
0.88
0.89
0.88
0.91
Emerging Markets
EEM
0.83
0.79
0.75
0.77
Europe
VGK
0.96
0.96
0.95
0.94
Pacific
VPL
0.91
0.88
0.82
0.75
Latin America
FLLA
0.55
0.69
0.64
0.72
US Total Bond Market
BND
0.77
0.30
0.24
0.11
Long Term Treasuries
TLT
0.61
-0.13
-0.13
-0.21
US Cash
BIL
0.15
-0.18
-0.11
-0.03
TIPS
TIP
0.78
0.41
0.36
0.19
Invest. Grade Bonds
LQD
0.81
0.53
0.46
0.32
High Yield Bonds
HYG
0.81
0.75
0.73
0.67
International Bonds
BNDX
0.78
0.30
0.24
0.14
Emerg. Market Bonds
EMB
0.85
0.71
0.65
0.56
Gold
GLD
0.48
0.18
0.13
0.17
Commodities
DBC
0.49
0.73
0.63
0.48

Capital Growth as of Dec 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 United Kingdom ETF (EWU) ETF: Dividend Yield page.

An investment of 1000$, since January 1998, now would be worth 2237.82$, with a total return of 123.78% (3.27% annualized).

The Inflation Adjusted Capital now would be 1216.19$, with a net total return of 21.62% (0.79% annualized).
An investment of 1000$, since January 1997, now would be worth 2645.36$, with a total return of 164.54% (3.81% annualized).

The Inflation Adjusted Capital now would be 1413.61$, with a net total return of 41.36% (1.34% annualized).

Drawdowns

Worst drawdowns since January 1998.

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Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-59.92% Nov 2007 Feb 2009 16 Apr 2014 62 78
-42.43% Jan 2000 Mar 2003 39 Dec 2004 21 60
-29.97% Jan 2020 Mar 2020 3 May 2021 14 17
-24.53% Jul 2014 Feb 2016 20 Jan 2018 23 43
-21.24% Feb 2022 Sep 2022 8 in progress 3 11
-17.37% Feb 2018 Dec 2018 11 Dec 2019 12 23
-16.29% Apr 1998 Aug 1998 5 Mar 1999 7 12
-5.62% May 1999 May 1999 1 Dec 1999 7 8
-4.87% Nov 2021 Nov 2021 1 Dec 2021 1 2
-4.36% Mar 2005 May 2005 3 Aug 2005 3 6
-3.37% Jul 2007 Jul 2007 1 Sep 2007 2 3
-2.95% Jun 2021 Sep 2021 4 Oct 2021 1 5
-2.66% May 2006 May 2006 1 Jul 2006 2 3
-2.43% Jan 2005 Jan 2005 1 Feb 2005 1 2
-2.43% Oct 2005 Oct 2005 1 Dec 2005 2 3
-1.48% Feb 2007 Feb 2007 1 Mar 2007 1 2
-0.82% Sep 2006 Sep 2006 1 Oct 2006 1 2
-0.56% Feb 2006 Feb 2006 1 Mar 2006 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
-59.92% Nov 2007 Feb 2009 16 Apr 2014 62 78
-42.43% Jan 2000 Mar 2003 39 Dec 2004 21 60
-29.97% Jan 2020 Mar 2020 3 May 2021 14 17
-24.53% Jul 2014 Feb 2016 20 Jan 2018 23 43
-21.24% Feb 2022 Sep 2022 8 in progress 3 11
-17.37% Feb 2018 Dec 2018 11 Dec 2019 12 23
-16.29% Apr 1998 Aug 1998 5 Mar 1999 7 12
-5.62% May 1999 May 1999 1 Dec 1999 7 8
-5.26% Jan 1997 Jan 1997 1 Apr 1997 3 4
-4.87% Nov 2021 Nov 2021 1 Dec 2021 1 2
-4.36% Mar 2005 May 2005 3 Aug 2005 3 6
-3.82% Oct 1997 Nov 1997 2 Jan 1998 2 4
-3.37% Jul 2007 Jul 2007 1 Sep 2007 2 3
-2.95% Jun 2021 Sep 2021 4 Oct 2021 1 5
-2.78% Aug 1997 Aug 1997 1 Sep 1997 1 2
-2.66% May 2006 May 2006 1 Jul 2006 2 3
-2.43% Jan 2005 Jan 2005 1 Feb 2005 1 2
-2.43% Oct 2005 Oct 2005 1 Dec 2005 2 3
-1.48% Feb 2007 Feb 2007 1 Mar 2007 1 2
-0.82% Sep 2006 Sep 2006 1 Oct 2006 1 2

Rolling Returns ( more details)

iShares MSCI United Kingdom ETF (EWU) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
5.44 59.86
Apr 2009 - Mar 2010
-51.85
Mar 2008 - Feb 2009
41.86%
2 Years
4.17 39.24
Mar 2009 - Feb 2011
-31.45
Mar 2007 - Feb 2009
34.26%
3 Years
3.27 26.02
Apr 2003 - Mar 2006
-16.79
Mar 2006 - Feb 2009
38.63%
5 Years
3.22 21.03
Nov 2002 - Oct 2007
-8.76
Apr 1998 - Mar 2003
32.81%
7 Years
3.56 9.91
Apr 2009 - Mar 2016
-3.03
Nov 2013 - Oct 2020
7.86%
10 Years
3.66 9.07
Mar 2009 - Feb 2019
-3.38
Mar 1999 - Feb 2009
8.81%
15 Years
3.38 7.03
Feb 2003 - Jan 2018
-0.50
Oct 2007 - Sep 2022
1.50%
20 Years
3.35 5.02
Jan 2003 - Dec 2022
1.06
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 United Kingdom ETF (EWU) ETF: Rolling Returns page.

Seasonality

iShares MSCI United Kingdom ETF (EWU) 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
1.75
60%
-2.15
40%
-2.67
80%
2.45
80%
0.35
60%
-0.91
40%
0.53
80%
-2.25
40%
-2.15
40%
0.73
60%
4.74
60%
2.12
60%
 Capital Growth on monthly avg returns
100
101.75
99.57
96.90
99.28
99.62
98.71
99.24
97.00
94.92
95.61
100.15
102.27
Best 7.3
2019
3.9
2021
3.1
2021
5.7
2020
3.9
2021
4.6
2019
3.2
2022
2.7
2020
3.6
2019
7.0
2022
16.1
2020
6.3
2021
Worst -4.3
2020
-10.2
2020
-18.5
2020
-4.0
2022
-6.1
2019
-8.0
2022
-2.4
2019
-6.5
2022
-9.3
2022
-6.8
2018
-4.9
2021
-4.6
2018
Monthly Seasonality over the period Jan 2018 - Dec 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
0.48
60%
-0.25
50%
-1.32
70%
3.20
90%
0.66
60%
-1.60
30%
1.21
80%
-1.89
40%
-1.17
50%
0.73
60%
2.30
60%
1.38
60%
 Capital Growth on monthly avg returns
100
100.48
100.23
98.91
102.07
102.75
101.11
102.33
100.40
99.22
99.95
102.25
103.66
Best 7.3
2019
6.8
2014
5.4
2016
6.7
2015
4.6
2017
4.6
2019
6.4
2013
2.7
2020
5.2
2013
7.0
2022
16.1
2020
6.3
2021
Worst -4.8
2016
-10.2
2020
-18.5
2020
-4.0
2022
-6.1
2019
-8.0
2022
-2.4
2019
-8.0
2015
-9.3
2022
-6.8
2018
-4.9
2021
-4.6
2018
Monthly Seasonality over the period Jan 2013 - Dec 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
-0.90
50%
0.01
46%
0.43
62%
3.15
77%
-0.25
42%
-0.69
50%
0.84
58%
-1.30
50%
-0.68
58%
1.44
69%
1.00
62%
2.17
73%
 Capital Growth on monthly avg returns
100
99.10
99.12
99.54
102.67
102.42
101.71
102.56
101.23
100.54
101.98
103.00
105.24
Best 7.3
2019
6.8
2014
7.9
1998
11.9
2009
17.1
2009
7.3
2012
14.5
2010
4.3
2009
9.4
2010
12.9
2011
16.1
2020
10.5
2003
Worst -9.4
2009
-10.2
2020
-18.5
2020
-4.0
2022
-11.4
2012
-8.0
2022
-5.8
2002
-11.9
1998
-13.3
2008
-19.8
2008
-6.4
2008
-4.6
2018
Monthly Seasonality over the period Jan 1997 - Dec 2022

Monthly/Yearly Returns

iShares MSCI United Kingdom ETF (EWU) 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 - Dec 2022
181 Positive Months (58%) - 131 Negative Months (42%)
MONTHLY RETURNS TABLE
Jan 1997 - Dec 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
-4.38 -10.18 2.3 -1.2 0.4 -4.0 2.7 -8.0 3.2 -6.5 -9.3 7.0 12.4 -1.3
2021
+18.22 +10.45 -0.2 3.9 3.1 3.9 3.9 -1.6 0.3 0.7 -2.3 4.4 -4.9 6.3
2020
-11.80 -12.99 -4.3 -10.2 -18.5 5.7 1.9 1.6 0.7 2.7 -4.3 -4.5 16.1 4.8
2019
+21.25 +18.54 7.3 3.4 1.4 2.3 -6.1 4.6 -2.4 -3.8 3.6 3.5 1.2 5.4
2018
-14.28 -15.89 3.7 -6.7 0.2 4.3 -0.6 -1.2 0.9 -4.4 1.6 -6.8 -1.2 -4.6
2017
+21.59 +19.08 2.5 1.5 2.0 1.7 4.6 -1.5 2.4 -0.8 3.0 0.6 -0.1 4.2
2016
-1.23 -3.24 -4.8 -3.1 5.4 4.0 -1.2 -2.3 1.5 1.1 0.4 -5.3 0.2 3.5
2015
-7.03 -7.70 0.1 5.9 -5.7 6.7 0.6 -3.9 1.6 -8.0 -3.9 6.6 -1.7 -4.2
2014
-7.62 -8.31 -4.6 6.8 -3.2 4.5 1.0 0.8 -2.4 0.8 -5.6 -1.9 0.1 -3.4
2013
+19.50 +17.74 3.0 -2.7 1.7 2.8 -0.1 -4.5 6.4 -0.7 5.2 3.7 0.8 3.0
2012
+15.33 +13.36 3.2 5.1 -1.3 1.4 -11.4 7.3 0.9 3.3 2.5 0.5 1.1 2.9
2011
-3.96 -6.72 1.1 4.6 -2.5 6.7 -2.4 -2.9 -0.4 -7.7 -9.8 12.9 -1.6 -0.1
2010
+10.18 +8.56 -4.8 -0.8 6.3 -2.2 -11.0 -3.5 14.5 -2.8 9.4 4.2 -5.2 8.6
2009
+36.17 +32.57 -9.4 -9.7 4.6 11.9 17.1 -2.1 8.5 4.3 3.7 -0.1 5.0 0.7
2008
-46.46 -46.51 -8.0 -1.2 -1.6 5.9 -0.2 -7.0 -4.1 -3.4 -13.3 -19.8 -6.4 0.9
2007
+6.42 +2.25 0.7 -1.5 3.7 3.2 2.1 0.7 -3.4 0.2 4.0 5.8 -5.9 -2.8
2006
+30.40 +27.17 6.1 -0.6 2.9 6.4 -2.7 0.8 2.6 2.2 -0.8 4.6 2.8 2.9
2005
+5.89 +2.39 -2.4 5.3 -2.4 -1.2 -0.8 1.1 0.7 4.0 0.7 -2.4 0.2 3.4
2004
+18.34 +14.61 -0.5 4.8 -2.4 -1.6 2.0 1.6 -2.4 1.1 2.4 2.9 5.7 3.8
2003
+34.71 +32.23 -3.8 -4.8 -0.1 10.8 6.1 0.5 -1.1 0.2 3.1 7.9 2.3 10.5
2002
-15.34 -17.30 -3.5 -1.6 5.2 0.6 -2.0 -3.9 -5.8 -1.8 -9.1 4.9 4.5 -2.9
2001
-13.96 -15.27 1.2 -6.4 -6.1 6.2 -2.3 -3.2 -1.3 -0.7 -7.8 1.9 1.1 3.4
2000
-13.65 -16.48 -9.0 -1.6 6.5 -4.0 -3.5 1.3 0.0 0.8 -3.1 2.8 -6.1 2.3
1999
+11.88 +8.95 0.6 1.2 2.4 4.4 -5.6 2.7 -1.4 0.1 0.0 1.8 0.9 4.6
1998
+19.42 +17.53 5.7 6.7 7.9 -0.9 -4.1 3.1 -3.0 -11.9 3.2 5.5 4.9 2.6
1997
+18.21 +16.23 -5.3 3.4 1.2 2.0 5.6 1.5 5.2 -2.8 8.7 -3.5 -0.4 1.9
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