Data as of Oct 28, 2026.

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EWT vs VTIP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWT returned +69.9% to VTIP's +2.2%; 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 $20.9bn on Sep 30, 2026 for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares.

At a glance
+69.9%
EWT total return, 1 year
+2.2%
VTIP total return, 1 year
0.59%
EWT expense ratio
0.03%
VTIP expense ratio

Pair scorecard

VTIP costs 0.56 points a year less; their one-year returns differ by 67.7 points; VTIP is 1.7 times larger.

EWT vs VTIP: Differences, Returns & Fees
MeasureEWTVTIP
Return
Total return, 1 year+69.9%+2.2%
Drawdown
Below its high7.7%, high on Oct 5, 2026
Benchmark
What it tracksMSCI Taiwan 25/50 IndexBloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index
Cost and size
Expense ratio0.59%0.03%
Net assets, as of Sep 30, 2026$12.3bn$20.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund47.7%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Oct 26, 2012 to Oct 23, 2026 · 730 weekly returns
EWT VTIP
Return
Total return edge EWT +645.3% +35.7%
Annualized edge EWT +15.4% +2.2%
Price return edge EWT +315.9% −2.1%
Risk
Volatility edge VTIP 20.2% 2.3%
Max drawdown edge VTIP −38.2% −5.5%
Risk-adjusted
Sharpe edge EWT 0.72 0.17
Sortino edge EWT 1.05 0.22
Calmar edge Tie 0.40 0.40
Reading

EWT returned more: +645.3% to +35.7%. VTIP swung less: 2.3% to 20.2%. VTIP fell less at its worst: −5.5% to −38.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: EWT vs VTIP: Differences, Returns & Fees
MeasureEWTVTIPEdgeHow it is measured
Return
Total return+645.3%+35.7%EWTPrice change plus distributions, reinvested.
Annualized+15.4%+2.2%EWTTotal return as a yearly rate.
Price return+315.9%−2.1%EWTPrice change alone, distributions left out.
Risk
Volatility20.2%2.3%VTIPSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%1.7%VTIPLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−38.2%−5.5%VTIPDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.720.17EWTReturn above Treasury bills per unit of volatility.
Sortino1.050.22EWTReturn above Treasury bills per unit of downside deviation.
Calmar0.400.40TieAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 730 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, EWT and VTIP hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWT VTIP
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 VTIP
United States Treasury Inflation Indexed Bonds 5.30%
United States Treasury Inflation Indexed Bonds 5.22%
United States Treasury Inflation Indexed Bonds 5.22%
United States Treasury Inflation Indexed Bonds 5.14%
United States Treasury Inflation Indexed Bonds 4.97%
United States Treasury Inflation Indexed Bonds 4.96%
United States Treasury Inflation Indexed Bonds 4.87%
United States Treasury Inflation Indexed Bonds 4.83%
Check overlap with more funds →

Side by side

EWT iShares MSCI Taiwan ETF VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI Taiwan Tracks an index of Short-Term Inflation-Protected Securities
Total return, 1 year +69.9% +2.2%
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% 0.03%
Holdings 79 26
Net assets, EWT as of Oct 28, 2026 and VTIP as of Sep 30, 2026 $12.0bn $20.9bn

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

Client brief · page 1 of 2 Report BR-489667407D

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

  1. What each follows. EWT follows MSCI Taiwan 25/50 Index and VTIP follows Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 EWT returned +69.9% and VTIP +2.2% with distributions reinvested, a gap of 67.7 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.

VTIP

VTIP tracks an index of Short-Term Inflation-Protected Securities. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, EWT or VTIP?
In the year to Oct 28, 2026, with distributions reinvested, EWT returned +69.9% and VTIP +2.2%.
Which is cheaper, EWT or VTIP?
VTIP is cheaper, by 0.56 percentage points a year. That is about $56 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EWT against VTIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewt-vs-vtip

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