Which returned more over the last year, EWT or USMV?

In the year to Oct 28, 2026, with distributions reinvested, EWT returned +69.9% and USMV +10.8%.

Which is cheaper, EWT or USMV?

USMV is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do EWT and USMV overlap with the S&P 500?

By their latest filed holdings, 0% of EWT and 93% of USMV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

EWT vs USMV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWT returned +69.9% to USMV's +10.8%; 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 $24.1bn on Oct 27, 2026 for iShares MSCI USA Min Vol Factor ETF.

EWT on its own →USMV on its own →

At a glance

+69.9%

EWT total return, 1 year

+10.8%

USMV total return, 1 year

0.59%

EWT expense ratio

0.15%

USMV expense ratio

Pair scorecard

USMV costs 0.44 points a year less; their one-year returns differ by 59.1 points; USMV is 2.0 times larger.

EWT vs USMV: Differences, Returns & Fees
Measure	EWT	USMV
Return
Measure	EWT	USMV
Total return, 1 year	+69.9%	+10.8%
Drawdown
Measure	EWT	USMV
Below its high	7.7%, high on Oct 5, 2026
Benchmark
Measure	EWT	USMV
What it tracks	MSCI Taiwan 25/50 Index	MSCI USA Minimum Volatility (USD) Index
Cost and size
Measure	EWT	USMV
Expense ratio	0.59%	0.15%
Net assets, as of Oct 27, 2026	$11.8bn	$24.1bn
Holdings
Measure	EWT	USMV
Holdings in common	0%
Top ten holdings, share of the fund	47.7%	14.8%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWT USMV

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 USMV

MICROSOFT 1.61%

EXXONMOBIL HOLDINGS CORP 1.54%

BERKSHIRE HATHAWAY INC CLASS B 1.50%

CHUBB 1.50%

MOTOROLA SOLUTIONS INC 1.48%

AMPHENOL CORP CLASS A 1.47%

NVIDIA 1.47%

JOHNSON & JOHNSON 1.44%

Check overlap with more funds →

Side by side

EWT iShares MSCI Taiwan ETF USMV iShares MSCI USA Min Vol Factor ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the MSCI Taiwan Tracks the MSCI USA Min Vol Factor

Total return, 1 year +69.9% +10.8%

Its benchmark over the same days +16.3% (EEM) not measured

Gap to its benchmark +53.6 pts vs EEM not measured

Expense ratio 0.59% 0.15%

Already in the S&P 500 0.0% 93.0%

Holdings 79 176

Net assets, EWT as of Oct 28, 2026 and USMV as of Oct 27, 2026 $12.0bn $24.1bn

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

Alert

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.

USMV

USMV tracks the MSCI USA Min Vol Factor. Over the year to Oct 28, 2026 it returned +10.8% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 176 positions, with the top ten at 14.8%.

Questions people ask

Which returned more over the last year, EWT or USMV?: In the year to Oct 28, 2026, with distributions reinvested, EWT returned +69.9% and USMV +10.8%.
Which is cheaper, EWT or USMV?: USMV is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EWT and USMV overlap with the S&P 500?: By their latest filed holdings, 0% of EWT and 93% of USMV by weight is stocks the S&P 500 already holds.

Other comparisons

EWT vs GRNY EWT vs SPY EWT vs RDVY CGGR vs EWT FXI vs USMV INDA vs USMV ILF vs USMV FLKR vs USMV

Where to next

EWT on its own →USMV on its own →Hold both: look the portfolio through →Rankings →EWT dividend history →EWT holdings →USMV dividend history →USMV holdings →Standards and sources →

Sources and dates

EWT filings on SEC EDGAR ↗

EWT prospectus with the expense ratio (SEC) ↗

iShares page for EWT ↗

USMV filings on SEC EDGAR ↗

USMV prospectus with the expense ratio (SEC) ↗

iShares page for USMV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, EWT against USMV, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewt-vs-usmv

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