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Launched · SEC filings

iShares MSCI Germany ETF

EWGNYSE ArcaiSharesB

$42.16+0.28 (+0.67%)

At close: Nov 2, 2026, 4:00 PM ET

B67/ 100

Rank 7 of 38 in Developed Single Country

B67/100Rank 7 of 38inDeveloped Single Country
Intraday session: up, 79 prints from 41.88 to 42.16. Range 42.08 to 42.41. Use the arrow keys to read each point.42.0042.1042.3042.4010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$1.57B
1Y total return
+5.6%
Yield · Last 12 months
1.97%
Holdings
54
Avg volume · 30D
939K sh
52W range
low $37.98high $44.85
Launched
Filings
SEC EDGAR

The ETF.net EWG Grade

B

Score 67 out of 100

Category
Developed Single Country⁠
Rank
7 of 38
Six-pillar profile for EWG. Scores out of 100: Cost 55, Risk 49, Mission 88, Tradability 84, Holdings 53, Durability 75. Strongest: Mission (88). Weakest: Risk (49). Leans toward Mission and Tradability.

Score 67 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B55 out of 100
    Rank 10 of 38

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A88 out of 100
    Rank 2 of 35

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C49 out of 100
    Rank 18 of 38

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A84 out of 100
    Rank 3 of 38

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 19 of 36

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A75 out of 100
    Rank 7 of 38

Our read on EWG

ETF.net Research

In short

BGermany in one ticker, and it has been doing that job since 1996. Roughly 50 large German companies, tracked closely, at a fee a hair under the typical single-country fund.

Stated mandate

The fund seeks to track an index of German equities, providing targeted exposure to companies in Germany.

Why people hold it

  • Trading since 1996, it is one of the original single-country ETFs, and it stays actively traded with billions in assets behind it.
  • Sticks closely to its benchmark, the MSCI Germany Index, so the index is a fair read on what the fund is doing.
  • The 0.49% fee lands just under the typical developed single-country fund, and it buys the German blue-chip market in one trade.
  • Rated among the stronger implementations in its developed single-country peer group.

Worth knowing

  • About 50 stocks in one economy: a handful of German industrial and financial giants carry much of the weight.
  • Cheaper entries into single-country developed markets exist (Franklin's FLAU charges 0.09%), though they track different countries.
  • Distributions land once or twice a year, not monthly.

EWG Performance

Launched Mar 12, 1996

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EWG$10,557
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. EWG $10,557. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EWG. Periods over one year show the average yearly return.
PeriodEWG
Year to date+1.2%
1 month+2.1%
3 months−1.6%
1 year+5.6%
3 yearsper year+20.0%
5 yearsper year+6.9%
10 yearsper year+7.5%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EWG
YearReturn barEWG
2026 YTD+1.2%
2025+35.8%
2024+9.8%
2023+23.4%
2022−22.2%

EWG in the news

EWG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
1.97%Last 12 months
Payout per share
$0.83Last 12 months
Last payment
$0.83 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 15 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.60; Dec 19, 2017 $0.08; Jun 19, 2018 $0.74; Jun 17, 2019 $0.74; Jun 15, 2020 $0.28; Dec 14, 2020 $0.39; Dec 13, 2021 $0.04; Dec 30, 2021 $0.25; Jun 9, 2022 $0.79; Dec 13, 2022 $0.009; Jun 7, 2023 $0.76; Dec 20, 2023 $0.0015; Jun 11, 2024 $0.76; Jun 16, 2025 $0.68; Jun 15, 2026 $0.83. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.83
Jun 16, 2025Jun 20, 2025$0.68
Jun 11, 2024Jun 17, 2024$0.76
Dec 20, 2023Dec 27, 2023$0.0015
Jun 7, 2023Jun 13, 2023$0.76
Dec 13, 2022Dec 19, 2022$0.009
Jun 9, 2022Jun 15, 2022$0.79
Dec 30, 2021Jan 5, 2022$0.25
Dec 13, 2021Dec 17, 2021$0.04
Jun 10, 2021Jun 16, 2021$0.60
Jun 10, 2021Jun 16, 2021$0.60
Dec 14, 2020Dec 18, 2020$0.39

See all 40 payments⁠

$10,000 in EWG 10 years ago paid $2,759 in dividends.⁠

EWG Risk

Risk pillarC49 out of 100Rank 18 of 38 in Developed Single Country
How much the fund’s monthly returns vary, scaled to a year.
15.6%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.02
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−41.4%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.96
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

EWG Cost

Compare EWG and FLKR

Overpaying vs FLKR, tied cheapest in Developed Single Country

$7,894

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EWG 0.49%

    $9,792

  • FLKR 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • EWG 0.49%
  • FLKR 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EWG $9,792FLKR $1,898

Year by year

YearEWGFLKROverpaying
10$883$165$718
20$3,394$646$2,748
30$9,792$1,898$7,894

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