Data as of Oct 28, 2026.

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EWT vs INDA: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWT returned +69.9% to INDA's −14.2%; 0% of their weight is in the same names.

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Net assets: $12.0bn on Oct 28, 2026 for iShares MSCI Taiwan ETF, and $5.8bn on Oct 27, 2026 for iShares MSCI India ETF.

At a glance
+69.9%
EWT total return, 1 year
−14.2%
INDA total return, 1 year
0.59%
EWT expense ratio
0.61%
INDA expense ratio

Pair scorecard

EWT costs 0.02 points a year less; their one-year returns differ by 84.1 points; EWT is 2.0 times larger.

EWT vs INDA: Differences, Returns & Fees
MeasureEWTINDA
Return
Total return, 1 year+69.9%−14.2%
Drawdown
Below its high7.7%, high on Oct 5, 202620.4%, high on Sep 26, 2024
Benchmark
What it tracksMSCI Taiwan 25/50 IndexMSCI India Index
Cost and size
Expense ratio0.59%0.61%
Net assets, as of Oct 27, 2026$11.8bn$5.8bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund47.7%34.8%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Feb 10, 2012 to Oct 23, 2026 · 767 weekly returns · each against EEM
EWT INDA
Return
Total return edge EWT +612.3% +106.6%
Annualized edge EWT +14.2% +5.0%
Price return edge EWT +297.5% +78.6%
Risk
Volatility edge INDA (slight) 20.0% 19.2%
Max drawdown edge EWT (slight) −38.2% −41.0%
Downside capture 88.5% 79.0%
Beta 0.90 0.70
Risk-adjusted
Sharpe edge EWT 0.68 0.26
Sortino edge EWT 0.99 0.38
Treynor 0.151 0.072
Calmar edge EWT 0.37 0.12
Against the benchmark
Alpha +9.4% a year +1.8% a year
Alpha t-stat 3.36 0.49
Information ratio 0.82 0.03
Tracking error 10.9% 15.1%
Reading

EWT returned more: +612.3% to +106.6%. INDA swung slightly less: 19.2% to 20.0%. EWT fell slightly less at its worst: −38.2% to −41.0%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: EWT vs INDA: Differences, Returns & Fees
MeasureEWTINDAEEMEdgeHow it is measured
Return
Total return+612.3%+106.6%EWTPrice change plus distributions, reinvested.
Annualized+14.2%+5.0%EWTTotal return as a yearly rate.
Price return+297.5%+78.6%EWTPrice change alone, distributions left out.
Risk
Volatility20.0%19.2%INDA (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation13.7%13.4%INDA (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−38.2%−41.0%EWT (slight)Deepest fall from a high to the low after it.
Upside capture98.4%59.2%100.0%EWTShare of its benchmark's rise caught in the weeks it rose.
Downside capture88.5%79.0%100.0%INDAShare of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.900.701.00INDA lowerHow far it moves for each 1% its benchmark moves.
R squared0.710.461.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.680.26EWTReturn above Treasury bills per unit of volatility.
Sortino0.990.38EWTReturn above Treasury bills per unit of downside deviation.
Treynor0.1510.0720.046EWTReturn above Treasury bills per unit of beta.
Calmar0.370.12EWTAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkEEMEEMEEMThe ETF each fund is measured against.
Alpha+9.4% a year+1.8% a year0.0%EWT significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat3.360.49Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range+3.9% to +14.9%−5.4% to +9.0%INDA's includes zeroThe 95% range for the yearly alpha.
Information ratio0.820.03EWTReturn against its benchmark per unit of tracking error.
Tracking error10.9%15.1%0.0%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 767 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, EWT and INDA hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWT INDA
Only in one fund ↓
Only in EWT
TAIWAN SEMICONDUCTOR MANUFACTURING 22.12%
MEDIATEK 6.03%
HON HAI PRECISION INDUSTRY 3.31%
DELTA ELECTRONICS 3.25%
ASE TECHNOLOGY HOLDING 2.86%
NAN YA PLASTICS CORP 2.54%
UNIMICRON TECHNOLOGY 2.04%
ELITE MATERIAL 1.88%
Only in INDA
HDFC BANK 6.21%
ICICI BANK 5.90%
RELIANCE INDUSTRIES LTD 5.50%
BHARTI AIRTEL LTD 4.44%
INFOSYS 2.83%
AXIS BANK 2.23%
MAHINDRA AND MAHINDRA LTD 1.99%
LARSEN AND TOUBRO LTD 1.97%
Check overlap with more funds →

Side by side

EWT iShares MSCI Taiwan ETF INDA iShares MSCI India ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Taiwan Tracks the MSCI India
Total return, 1 year +69.9% −14.2%
Its benchmark over the same days +16.3% (EEM) +16.3% (EEM)
Gap to its benchmark +53.6 pts vs EEM −30.5 pts vs EEM
Expense ratio 0.59% 0.61%
Already in the S&P 500 0.0% 0.0%
Holdings 79 166
Net assets, EWT as of Oct 28, 2026 and INDA as of Oct 27, 2026 $12.0bn $5.8bn

EWT and INDA on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-E24BBEFDA6

EWT and INDA do different jobs. What does each one do in a portfolio?

  1. What each follows. EWT follows MSCI Taiwan 25/50 Index and INDA follows MSCI India Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 EWT returned +69.9% and INDA −14.2% with distributions reinvested, a gap of 84.1 points.

Data as of Oct 28, 2026.

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About each fund
EWT

EWT tracks the MSCI Taiwan. Over the year to Oct 28, 2026 it returned +69.9% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 47.7%. It sat 7.7% below its high of Oct 5, 2026 on Oct 28, 2026.

INDA

INDA tracks the MSCI India. Over the year to Oct 28, 2026 it returned −14.2% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.61% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 166 positions, with the top ten at 34.8%. It sat 20.4% below its high of Sep 26, 2024 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EWT or INDA?
In the year to Oct 28, 2026, with distributions reinvested, EWT returned +69.9% and INDA −14.2%.
Which is cheaper, EWT or INDA?
EWT is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EWT and INDA overlap with the S&P 500?
By their latest filed holdings, 0% of EWT and 0% of INDA by weight is stocks the S&P 500 already holds.
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ETFIQ, EWT against INDA, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewt-vs-inda

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.