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.
- No fees or capital gain taxes
- the reinvestment of dividends
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 |
- 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.
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).
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.
The Inflation Adjusted Capital now would be 1216.19$, with a net total return of 21.62% (0.79% annualized).
The Inflation Adjusted Capital now would be 1413.61$, with a net total return of 41.36% (1.34% annualized).
Drawdowns
Worst drawdowns since January 1998.
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.
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
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% |
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?
For further information about the seasonality, check the Asset Class Seasonality page.
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 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 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/Yearly Returns
iShares MSCI United Kingdom ETF (EWU) ETF data source starts from January 1997: let's focus on monthly and yearly returns.
- Histogram: it shows the distribution of the returns recorded so far
- Plain Table: it shows the detailed monthly and yearly returns
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 |