EIDO vs EWM

EIDODiShares MSCI Indonesia ETF

EWMBiShares MSCI Malaysia ETF

In short

EIDO Indonesia, packaged. Since 2010 EIDO has tracked an MSCI index that runs from Jakarta's big banks down to small caps, with issuer caps that stop any one giant from swallowing the fund.

EWM Malaysia in one ticker, running since 1996. EWM tracks the MSCI Malaysia index, a cap-weighted slice of Kuala Lumpur's largest listed companies, and charges less than the typical single-country emerging markets fund.

Stated mandate

EIDO The fund seeks to track an index composed of Indonesian equities, providing targeted exposure to companies in Indonesia.

EWM The fund seeks to track an index composed of Malaysian equities.

Why people hold it

• EIDO Trading since 2010 and actively traded today, it's an established US-listed way to own Indonesian stocks directly rather than through a broad emerging markets blend.ishares.com
• Its index follows MSCI's 25/50 rules: no single issuer above 25%, and all 5%-plus positions capped at 50% combined. A real guardrail in a market led by a few banks.msci.com
• IMI means investable market: roughly 70 large, mid and small caps, not just the two or three megacaps foreign investors usually reach for.ishares.com

• EWM Listed in 1996, which puts it among the oldest ETFs still trading. Nearly three decades of doing one job: hold Malaysian equities, track the index.ishares.com
• 0.50% a year, under the median for its single-country emerging markets peer group and below iShares siblings EPOL and EZA at 0.59%.
• Sits in the upper tier of the single-country emerging markets funds we grade, helped by a low fee and a milder volatility profile than much of that group.
• No guesswork about the mandate: BlackRock builds it as a way to express a single-country view on Malaysian companies, and the index name is right on the tin.ishares.com

Worth knowing

• EIDO 0.59% a year is the median for single-country emerging market ETFs, not the bargain end. The cheapest in that group, Franklin's FLMX, charges 0.19% (for Mexico).
• One country, one currency. Rupiah moves and local policy land straight in the price, and it has been among the more volatile funds in its single-country peer group.ishares.com
• On our overall read it lands in the lower half of the single-country emerging market group, mostly on that volatility plus a middle-of-the-road fee.

• EWM Market-cap weighting in a modest-sized market means a short list of Kuala Lumpur heavyweights drives most of the fund's day-to-day move.stockanalysis.com
• One country, one currency. The holdings trade in ringgit and the fund is unhedged, so currency moves against the dollar land in your return alongside the stocks.ishares.com
• Volume is moderate rather than deep, and payouts arrive once or twice a year instead of quarterly. Limit orders are the friendlier way in and out.

Full EIDO profile⁠

Full EWM profile⁠