EWI Performance — iShares MSCI Italy ETF
Data updated: 2026-07-27
EWI returned +9.72% year to date and +28.43% over one year to May 2026. Annualised returns are +30.61% over 3 years and +16.22% over 5 years. The fund trailed its Italy Equity category average: $100 invested three years ago grew to $223, against $223 for the category, and to $128 over one year, against $128. Volatility over the past three years was 15.84% a year. In the 12 months to May 2026 the fund took in a net $23.1M, and assets reached $660.75M.
EWI Growth of $100
What $100 invested in iShares MSCI Italy ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Italy Equity category average over the same months.
| Period | EWI | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $128 | $128 |
| 3 years (Jun 2023 – May 2026) | $223 | $223 |
| 5 years (Jun 2021 – May 2026) | $212 | $212 |
| Since data start (Sep 2019 – May 2026) | $272 | $272 |
EWI Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.72% |
| 1 year | +28.43% |
| 3 years (annualised) | +30.61% |
| 5 years (annualised) | +16.22% |
EWI Annual Returns
Calendar-year total returns of iShares MSCI Italy ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.72% |
| 2025 | +55.51% |
| 2024 | +10.38% |
| 2023 | +30.33% |
| 2022 | −14.20% |
| 2021 | +13.81% |
| 2020 | +2.56% |
| 2019 (Sep–Dec) | +10.65% |
EWI Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.1% | +2.7% | −7.3% | +8.6% | +2.9% | — | — | — | — | — | — | — |
| 2025 | +7.1% | +6.5% | +3.0% | +4.8% | +7.9% | +2.5% | 0.0% | +5.9% | +2.0% | −0.3% | +2.0% | +3.9% |
| 2024 | −1.3% | +6.2% | +6.2% | −3.4% | +6.8% | −5.9% | +4.1% | +4.8% | 0.0% | −2.5% | −4.3% | +0.5% |
| 2023 | +12.0% | −0.8% | +1.2% | +4.3% | −6.0% | +9.6% | +5.3% | −4.2% | −5.3% | −1.5% | +10.2% | +4.1% |
| 2022 | −1.2% | −6.2% | −3.2% | −6.7% | +4.7% | −14.1% | +2.7% | −6.2% | −7.0% | +11.9% | +15.8% | −1.8% |
| 2021 | −4.1% | +5.7% | +4.6% | +0.5% | +6.1% | −2.5% | +0.4% | +1.4% | −3.9% | +5.6% | −6.0% | +6.3% |
| 2020 | −2.3% | −6.6% | −22.8% | +2.5% | +5.3% | +7.8% | +3.8% | +3.6% | −5.1% | −6.7% | +26.3% | +3.9% |
| 2019 | — | — | — | — | — | — | — | — | +2.6% | +4.5% | +0.4% | +2.7% |
EWI Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.84%
- 3-year Sharpe ratio: 1.65 (vs 4.5% risk-free rate)
- Best month: +10.16% (Nov 2023)
- Worst month: −7.35% (Mar 2026)
EWI Fund Flows
Monthly money in and out of iShares MSCI Italy ETF, from SEC Form N-PORT.
- 12-month net flow: $23.1M
- 12-month gross sales (incl. reinvestments): $390.1M
- Sales ÷ redemptions: 1.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $21.7M | −$21.7M |
| Apr 2026 | $0 | $17.1M | −$17.1M |
| Mar 2026 | $12.0M | $12.0M | −$18K |
| Feb 2026 | $0 | $63.9M | −$63.9M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $48.0M | $32.4M | $15.6M |
| Nov 2025 | $59.6M | $27.2M | $32.4M |
| Oct 2025 | $0 | $99.8M | −$99.8M |
| Sep 2025 | $46.1M | $38.7M | $7.5M |
| Aug 2025 | $1 | $54.2M | −$54.2M |
| Jul 2025 | $170.7M | $0 | $170.7M |
| Jun 2025 | $53.8M | $0 | $53.8M |
EWI Assets Under Management
Net assets of iShares MSCI Italy ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $660.75M |
| 2026-02-28 | $676.85M |
| 2025-11-30 | $666.87M |
| 2025-08-31 | $703.92M |
| 2025-05-31 | $483.66M |
| 2025-02-28 | $381.26M |
| 2024-11-30 | $367.95M |
| 2024-08-31 | $470.34M |
| 2024-05-31 | $460.78M |
| 2024-02-29 | $378.31M |
| 2023-11-30 | $262.05M |
| 2023-08-31 | $346.41M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.