EWI vs TAXF

Comparison between ISHARES MSCI ITALY ETF (EWI, ETF) and AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF (TAXF, ETF).

5-Year PerformanceEWI has outperformed TAXF, delivering a return of +17.7% compared to +1.1%

EWI vs TAXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWI(ETF)	TAXF(ETF)
Net Assets	$661M	$660M
Expense Ratio	0.50%	0.27%
Max Drawdown	75.12%	15.69%
Sharpe Ratio	1.54	1.20
5Y Beta	0.76	0.03
5Y Dividends CAGR	24.62%	11.45%

Net Assets

Winner

EWI

$661M

TAXF

$660M

Expense Ratio

EWI

0.50%

Winner

TAXF

0.27%

Max Drawdown

EWI

75.12%

Winner

TAXF

15.69%

Sharpe Ratio

Winner

EWI

1.54

TAXF

1.20

5Y Beta

EWI

0.76

Winner

TAXF

0.03

5Y Dividends CAGR

Winner

EWI

24.62%

TAXF

11.45%

EWI vs TAXF - Historical Returns

Returns include dividend reinvestment.

Period	EWI	TAXF
1 month	+5.80%	+1.54%
3 months	+17.89%	+1.42%
6 months	+14.83%	+2.34%
1 year	+34.73%	+7.70%
5 years(CAGR)	+17.65%	+1.08%
10 years(CAGR)	+13.88%	N/A
Max(CAGR)	+3.64%	+2.90%

Winner

EWI

+5.80%

TAXF

+1.54%

Winner

EWI

+17.89%

TAXF

+1.42%

Winner

EWI

+14.83%

TAXF

+2.34%

Winner

EWI

+34.73%

TAXF

+7.70%

5Y(CAGR)

Winner

EWI

+17.65%

TAXF

+1.08%

10Y(CAGR)

EWI

+13.88%

TAXF

N/A

Max(CAGR)

Winner

EWI

+3.64%

TAXF

+2.90%

EWI vs TAXF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWI	TAXF
2026	+12.02%	+1.94%
2025	+57.52%	+3.92%
2024	+11.09%	+2.02%
2023	+28.42%	+6.98%
2022	-15.46%	-9.59%
2021	+13.53%	+2.77%
2020	+0.31%	+5.37%
2019	+27.28%	+8.75%
2018	-17.71%	+0.64%
2017	+27.26%	N/A
2016	-8.49%	N/A
2015	+1.85%	N/A
2014	-10.35%	N/A
2013	+15.84%	N/A
2012	+9.16%	N/A
2011	-25.73%	N/A
2010	-16.84%	N/A
2009	+19.43%	N/A
2008	-48.91%	N/A
2007	+0.83%	N/A
2006	+26.36%	N/A
2005	+1.45%	N/A
2004	+29.10%	N/A
2003	+32.64%	N/A
2002	-9.83%	N/A
2001	-27.44%	N/A
2000	-4.52%	N/A
1999	+16.28%	N/A

EWI vs TAXF Drawdown Comparison

The maximum drawdown for EWI was -71.99%, occurring on Mar 9, 2009. Recovery took 4537 trading sessions.

The maximum drawdown for TAXF was -13.94%, occurring on Oct 26, 2022. Recovery took 1041 trading sessions.

The current EWI drawdown is -0.21%. The current TAXF drawdown is -0.23%.

Rank	EWI	TAXF
#1	-71.99% May 7, 2007 - May 16, 2025	-13.94% Jul 19, 2021 - Sep 10, 2025
#2	-51.78% Feb 23, 2000 - Dec 13, 2004	-13.39% Mar 9, 2020 - Nov 23, 2020
#3	-12.48% Feb 26, 2026 - Apr 14, 2026	-2.93% Feb 27, 2026 - Mar 24, 2026
#4	-11.33% May 10, 2006 - Aug 29, 2006	-2.03% Feb 12, 2021 - May 25, 2021
#5	-9.60% Sep 9, 2005 - Jan 3, 2006	-1.58% Sep 4, 2019 - Dec 27, 2019
#6	-7.97% Feb 16, 2007 - Apr 3, 2007	-0.97% Sep 12, 2018 - Dec 4, 2018
#7	-7.86% Apr 11, 2005 - Aug 3, 2005	-0.55% Jun 10, 2021 - Jul 7, 2021
#8	-6.70% Jan 14, 2000 - Feb 3, 2000	-0.47% Jan 15, 2026 - Jan 30, 2026
#9	-6.48% Dec 31, 1999 - Jan 14, 2000	-0.43% Nov 11, 2025 - Nov 26, 2025
#10	-6.12% Nov 12, 2025 - Dec 15, 2025	-0.41% Nov 26, 2025 - Dec 23, 2025
#11	-4.75% Dec 28, 2004 - Feb 14, 2005	-0.32% Aug 15, 2019 - Aug 28, 2019
#12	-4.39% Mar 17, 2006 - Apr 5, 2006	-0.32% Sep 18, 2025 - Oct 1, 2025
#13	-4.37% Oct 3, 2025 - Nov 10, 2025	-0.30% Oct 24, 2025 - Nov 11, 2025
#14	-4.35% Aug 11, 2005 - Sep 2, 2005	-0.28% Jan 7, 2019 - Jan 14, 2019
#15	-4.16% Apr 17, 2026 - May 6, 2026	-0.27% Jan 31, 2020 - Feb 14, 2020

Correlation

Correlation between EWI and TAXF is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

EWI vs TAXF dividend yield comparison.

Year	EWI	TAXF
2026	1.94%	1.60%
2025	2.80%	3.68%
2024	4.07%	3.38%
2023	3.40%	2.93%
2022	4.57%	2.05%
2021	2.63%	1.58%
2020	1.66%	2.13%
2019	3.80%	2.64%
2018	4.71%	0.69%
2017	2.19%	0.00%
2016	2.28%	0.00%
2015	1.16%	0.00%
2014	1.26%	0.00%
2013	1.10%	0.00%
2012	1.18%	0.00%
2011	2.32%	0.00%
2010	1.01%	0.00%
2009	1.11%	0.00%
2008	4.68%	0.00%
2007	2.26%	0.00%
2006	1.01%	0.00%
2005	0.99%	0.00%
2004	1.26%	0.00%
2003	1.55%	0.00%
2002	1.29%	0.00%
2001	0.98%	0.00%
2000	4.92%	0.00%