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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EWT vs IWC: how they differ

EWT and IWC hold 0% of their weight in the same names, and EWT returned more over the year.

iShares MSCI Taiwan ETF and iShares Micro-Cap ETF.

What they hold in common

By the books each fund has filed, EWT and IWC hold 0% of their money in the same securities at the same weight.

Positions EWT and IWC both hold, largest shared weight first
HoldingEWTIWC
USD CASH0.13%0.11%
BLK CSH FND TREASURY SL AGENCY0.07%0.03%
Largest positions each one holds and the other does not
Only in EWTOnly in IWC
TAIWAN SEMICONDUCTOR MANUFACTURING 22.07%CAREDX 0.61%
MEDIATEK 7.03%SELLAS LIFE SCIENCES GROUP INC 0.60%
DELTA ELECTRONICS 3.53%NURIX THERAPEUTICS 0.59%
HON HAI PRECISION INDUSTRY 3.28%PENGUIN SOLUTIONS INC 0.58%
ASE TECHNOLOGY HOLDING 2.79%OUSTER 0.52%
UNITED MICRO ELECTRONICS CORP 2.09%VIRIDIAN THERAPEUTICS ORS 0.48%
ELITE MATERIAL 2.08%INTERFACE 0.47%
NAN YA PLASTICS CORP 2.04%MBX BIOSCIENCES 0.45%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.

EWT and IWC on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
EWT
iShares MSCI Taiwan ETF
IWC
iShares Micro-Cap ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI TaiwanRussell Microcap
Total return, 1 year+84.9%+31.3%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+67.4 pts+13.8 pts
Expense ratio0.59%not published
Already in the S&P 5000.0%91.9%
Holdings781252

EWT in plain words

EWT is an index equity fund tracking the MSCI Taiwan. Over the year to Sep 11, 2026 it returned +84.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 78 positions, with the top ten at 48.6%.

IWC in plain words

IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1252 positions, with the top ten at 5.1%. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, EWT or IWC?
In the year to Sep 13, 2026, with distributions reinvested, EWT returned +84.9% and IWC returned +31.3%, so EWT returned more. One year is one year; the longer windows are in the table.
How much do EWT and IWC overlap with the S&P 500?
By their latest filed holdings, 0% of EWT and 92% of IWC by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

EWT against IWC, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EWT against IWC, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewt-vs-iwc Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources