EWT
Taiwan large/mid-cap equities (ETF)
Updated - ago
EWT dropped approximately 2.85% to $105.4 following a steep intraday sell-off across Taiwan's domestic equity market.1 The benchmark TAIEX index fell 1.81% amid heavy foreign institutional selling, reversing early gains and dragging Asian technology exporters lower.1 Losses in the ETF were led by weakness in major semiconductor and electronics holdings, including TSMC, Delta Electronics, and MediaTek, weighed down by soft global risk appetite and geopolitical headwinds.1
The iShares MSCI Taiwan ETF, trading under the ticker EWT, is an exchange-traded fund that provides investors with exposure to the Taiwanese equity market. Managed by BlackRock’s iShares family, the fund seeks to track the investment results of an index composed of Taiwanese equities, offering a single U.S.-listed vehicle for participating in Taiwan’s publicly traded companies. Its holdings are heavily weighted toward Taiwan’s technology and semiconductor sector, which plays a central role in the global electronics supply chain, alongside financials and industrial firms. The ETF is commonly used by investors seeking diversified, large- and mid-cap exposure to one of Asia’s most important export-driven economies. Its performance reflects the aggregate movement of the underlying Taiwanese stocks it holds.