GlossaryTradFi
EWT ETF (Taiwan Equity ETF): What Is It? Definition & Explanation
EWT is an exchange-traded fund that tracks the MSCI Taiwan 25/50 index, covering Taiwan technology companies led by TSMC, which alone accounts for more than 20% of the index. It is sensitive to Taiwan Strait geopolitical risk and the semiconductor cycle. Follow EWT's price and technical analysis on COINOTAG.
By COINOTAG Research DeskLast updated Sources
EWT (iShares MSCI Taiwan ETF) is an exchange-traded fund managed by BlackRock iShares that tracks the MSCI Taiwan 25/50 index. Taiwan Semiconductor Manufacturing Company (TSMC) is the undisputed heavyweight of the index; with a weight above 20%, any development affecting TSMC has a direct impact on EWT.
What Is It?
EWT tracks the MSCI Taiwan 25/50 Index. Although the 25/50 weighting rule applies, TSMC's one-sided dominance in technology means the ETF has a strong concentration in the semiconductor sector. MediaTek, Foxconn, and United Microelectronics are among the other significant components.
What Does It Track?
EWT tracks the MSCI Taiwan 25/50 index, which covers large- and mid-cap Taiwanese companies. Technology and semiconductor stocks hold an extremely high share within the index. TSMC's near-monopoly position in advanced chip manufacturing ties EWT directly to AI and data center demand.
Why Does It Matter?
Taiwan is home to the world's most advanced semiconductor fabs, with TSMC currently manufacturing chips for NVIDIA, Apple, and AMD. When geopolitical tensions in the Taiwan Strait rise, EWT's price can react sharply — a political risk premium that distinguishes it from other technology ETFs.
| Feature | Detail |
|---|---|
| Manager | BlackRock iShares |
| Tracked Index | MSCI Taiwan 25/50 |
| Largest Component | TSMC (20%+) |
| Key Geopolitical Risk | Taiwan Strait |
| Trading Hours | 09:30–16:00 ET (NYSE Arca) |
EWT component weights and TSMC share price comparative chart
How is EWT traded?
The underlying (EWT) trades on its own market during that market's session hours.
EWT price and technical analysis →
Risks
EWT carries direct exposure to Taiwan Strait geopolitical escalation, carrying higher political risk than other regional ETFs. TSMC's high index weight creates concentration risk. USD/TWD currency moves affect USD-denominated returns.
COINOTAG Perspective
EWT offers a unique perspective for investors who want to simultaneously monitor the AI chip supply chain and Taiwan's geopolitical role.
Frequently Asked Questions
What is the EWT ETF?
EWT is an exchange-traded fund managed by BlackRock iShares that tracks the MSCI Taiwan 25/50 index. TSMC accounts for more than 20% of the index while MediaTek and Foxconn are other important components.
Why does TSMC have such a large influence on EWT?
TSMC holds a near-monopoly position in advanced chip manufacturing and produces chips for NVIDIA, Apple, and AMD. As the largest weight in EWT, any news about TSMC deeply affects the ETF price.
How does Taiwan Strait tension affect EWT?
Taiwan is home to the world's most critical chip fabs. Escalating tensions in the Strait cause investors to increase the political risk premium, and EWT can suffer sharp declines.
Where can I follow EWT's price and technical analysis?
You can follow EWT's price, chart and technical analysis on COINOTAG.