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EWM vs IDX

iShares MSCI Malaysia ETF

EWMBNYSE Arca

VanEck Indonesia Index ETF

IDXCNYSE Arca

Overlap

Expense ratio

EWM −0.07pt a year

EWM0.50%IDX0.57%

Avg volume · 30D

EWM 5.0×the volume

EWM214KIDX42.4K

10Y return · a year

EWM +9.6pt

EWM+2.4%IDX−7.2%

EWM vs IDX Performance

Oct 29, 2021 – Oct 30, 2026

+23.7%EWM−50.7%IDX

Oct 29, 2021 to Oct 30, 2026. EWM +23.7%. IDX −50.7%. Use the arrow keys to read each point.−40%−20%0%40%Oct 2021Apr 2024Oct 2026
Expense ratio
EWM 0.50%, better
IDX 0.57%
Fund size
EWM $230M
IDX $30M
1Y total return
EWM +7.8%, better
IDX −44.8%
Yield (12M)
EWM 3.71%
IDX 3.91%, better
Holdings
EWM 25
IDX 66
Avg volume (30D)
EWM 214K sh, better
IDX 42.4K sh
NAV per share
EWM $26.87
IDX $8.79
52W range

ETF.net Grade

EWM: Cost 88, Risk 78, Mission 43, Tradability 55, Holdings 41, Durability 56. IDX: Cost 76, Risk 7, Mission 25, Tradability 31, Holdings 89, Durability 32.
Pillar letters and Scores for EWM, IDX, with each pillar’s weight
PillarEWMIDX
Cost30% weightA88HigherA76
Mission25% weightC43HigherD25
Risk15% weightA78HigherF7
Tradability15% weightB55HigherD31
Holdings10% weightC41A89Higher
Durability5% weightB56HigherD32

Rank among Emerging Markets Single Country funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EWM and IDX are both graded against the same 21 Emerging Markets Single Country funds, so their Grades compare head to head.

See all 21 ›

EWM ranks 4th and IDX 11th of 21 funds in the Emerging Markets Single Country Category.

  1. Rank 1AEWWiShares MSCI Mexico ETFScore 76
  2. Rank 2BFLMXFranklin FTSE Mexico ETFScore 69
  3. Rank 3BEPOLiShares MSCI Poland ETFScore 64
  4. Rank 4BEWMiShares MSCI Malaysia ETFScore 63
  5. Rank 5BEZAiShares MSCI South Africa ETFScore 61
  6. Rank 10CARGTGlobal X MSCI Argentina ETFScore 48
  7. Rank 11CIDXVanEck Indonesia Index ETFScore 45
  8. Rank 11CVNAMGlobal X MSCI Vietnam ETFScore 45

Our read on each fund

ETF.net Research

EWMBiShares MSCI Malaysia ETF

IDXCVanEck Indonesia Index ETF

In short

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.

IDX Indonesia in one ticket, running since 2009. Its index counts revenue, not just paperwork: a company incorporated outside Indonesia still qualifies if at least half its business sits there.

Stated mandate

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

IDX The fund seeks to track, before fees and expenses, the price and yield performance of the MVIS Indonesia Index.

Why people hold it

  • 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
  • IDX The index reaches past legal domicile. Firms incorporated elsewhere count if at least 50% of revenues or related assets are Indonesian, so offshore-registered pure plays aren't missed.vaneck.com
  • Costs 0.57% a year, a shade under the typical single-country emerging-market ETF.
  • Roughly 70 stocks spread across sectors. The portfolio build is one of the stronger ones among single-country emerging-market funds.
  • Live since January 2009, a long run for a fund tied to a single frontier-adjacent market.

Worth knowing

  • 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.
  • IDX One country, one currency. Results ride Indonesian equities and the rupiah together, and a strong dollar can offset local gains.
  • A small, only moderately traded fund, so bid-ask spreads tend to run wider than on broad emerging-market ETFs.
  • Distributions land once or twice a year, not monthly.

Full EWM profile⁠

Full IDX profile⁠

EWM vs IDX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EWM vs IDX Cost

Overpaying IDX vs EWM

$1,292

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

  • EWM 0.50%

    $9,979

  • IDX 0.57%

    $11,271

$10,000
30 years

Cost over time

  • EWM 0.50%
  • IDX 0.57%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530IDX $11,271EWM $9,979

Year by year

YearEWMIDXOverpaying
10$900$1,023$123
20$3,460$3,921$461
30$9,979$11,271$1,292

Expense ratio

  • 0.50%EWM, cheaper
  • 0.57%IDX
  • Middle half of Emerging Markets Single Country funds
  • Median 0.59%

EWM 3rd cheapest of 21 funds

IDX 6th cheapest of 21 funds

EWM vs IDX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWM 3.71%
IDX 3.91%, better
Payout (12M)
EWM $1.00
IDX $0.34
Last payment
EWM $0.57
IDX $0.34
Ex-dividend
EWM Jun 15, 2026
IDX Dec 22, 2025
Paid on
EWM Jun 18, 2026
IDX Dec 26, 2025
Frequency
EWM Twice a year
IDX Annual

Distribution history

Per share, 2017 to 2026, same scale for both

EWMTwice a year · 18 paymentsAll EWM payments⁠
One bar per payment. 18 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.35; Dec 19, 2017 $1.49; Jun 19, 2018 $0.64; Dec 18, 2018 $0.51; Jun 17, 2019 $0.52; Dec 16, 2019 $0.31; Jun 15, 2020 $0.54; Jun 10, 2021 $0.84; Dec 13, 2021 $0.78; Jun 9, 2022 $0.47; Dec 13, 2022 $0.22; Jun 7, 2023 $0.37; Dec 20, 2023 $0.37; Jun 11, 2024 $0.36; Dec 17, 2024 $0.45; Jun 16, 2025 $0.51; Dec 16, 2025 $0.43; Jun 15, 2026 $0.57. Use the arrow keys to read each point.$0$12017202020232026YTD
IDXAnnual · 9 paymentsAll IDX payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.46; Dec 20, 2018 $0.48; Dec 23, 2019 $0.47; Dec 21, 2020 $0.34; Dec 20, 2021 $0.22; Dec 19, 2022 $0.63; Dec 18, 2023 $0.62; Dec 23, 2024 $0.59; Dec 22, 2025 $0.34. Use the arrow keys to read each point.$0$12017202020232026YTD

EWM vs IDX Risk

Fall from peak · 5 years

  • EWM
  • IDX
Oct 29, 2021 to Oct 30, 2026. Worst fall: IDX −55.4% · Oct 2026. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EWM 13.0%, betterIDX 24.6%
Return per unit of riskSharpe ratio, 3 years
EWM 0.68, betterIDX −0.73
Worst fallMax drawdown, 5 years
EWM −22.2%, betterIDX −55.4%
Market sensitivityBeta, 5 years
EWM 0.46IDX 0.59

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