EWT vs CEF

Comparison between ISHARES MSCI TAIWAN ETF (EWT, ETF) and Sprott Physical Gold and Silver Trust (CEF, ETF).

5-Year PerformanceCEF has outperformed EWT, delivering a return of +18.5% compared to +18.3%

EWT vs CEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWT(ETF)	CEF(ETF)
Net Assets	$9.10B	$9.20B
Expense Ratio	0.59%	N/A
Max Drawdown	66.98%	62.40%
Sharpe Ratio	2.95	1.35
5Y Beta	1.12	0.39
5Y Dividends CAGR	17.83%	14.87%

Net Assets

EWT

$9.10B

Winner

CEF

$9.20B

Expense Ratio

EWT

0.59%

CEF

N/A

Max Drawdown

EWT

66.98%

Winner

CEF

62.40%

Sharpe Ratio

Winner

EWT

2.95

CEF

1.35

5Y Beta

EWT

1.12

Winner

CEF

0.39

5Y Dividends CAGR

Winner

EWT

17.83%

CEF

14.87%

EWT vs CEF - Historical Returns

Returns include dividend reinvestment.

Period	EWT	CEF
1 month	+18.28%	-2.00%
3 months	+41.76%	-16.16%
6 months	+73.59%	+11.98%
1 year	+110.68%	+56.00%
5 years(CAGR)	+18.32%	+18.45%
10 years(CAGR)	+20.12%	+14.24%
Max(CAGR)	+7.30%	+9.44%

Winner

EWT

+18.28%

CEF

-2.00%

Winner

EWT

+41.76%

CEF

-16.16%

Winner

EWT

+73.59%

CEF

+11.98%

Winner

EWT

+110.68%

CEF

+56.00%

5Y(CAGR)

EWT

+18.32%

Winner

CEF

+18.45%

10Y(CAGR)

Winner

EWT

+20.12%

CEF

+14.24%

Max(CAGR)

EWT

+7.30%

Winner

CEF

+9.44%

EWT vs CEF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EWT	CEF
2026	+64.30%	+1.73%
2025	+29.45%	+88.94%
2024	+18.86%	+24.79%
2023	+23.87%	+6.39%
2022	-29.44%	+2.17%
2021	+24.57%	-10.63%
2020	+29.83%	+31.10%
2019	+34.78%	+16.81%
2018	-11.37%	-7.38%
2017	+25.27%	+15.51%
2016	+21.43%	+11.32%
2015	-11.88%	-14.32%
2014	+9.67%	-14.41%
2013	+6.29%	-38.47%
2012	+17.35%	+3.29%
2011	-22.42%	-4.95%
2010	+19.35%	+47.63%
2009	+69.07%	+26.29%
2008	-43.19%	+1.28%
2007	+4.75%	+17.23%
2006	+14.69%	+31.89%
2005	+6.29%	+27.03%
2004	+4.14%	+3.58%
2003	+35.85%	+13.38%
2002	-26.24%	+41.46%
2001	+1.41%	+4.76%
2000	-42.87%	-17.45%
1999	N/A	-4.27%

EWT vs CEF Drawdown Comparison

The maximum drawdown for EWT was -64.35%, occurring on Oct 7, 2002. Recovery took 1831 trading sessions.

The maximum drawdown for CEF was -62.29%, occurring on Dec 15, 2015. Recovery took 3313 trading sessions.

The current CEF drawdown is -20.72%.

Rank	EWT	CEF
#1	-64.35% Jul 17, 2000 - Oct 29, 2007	-62.29% Aug 22, 2011 - Oct 22, 2024
#2	-62.92% Oct 29, 2007 - Jan 26, 2011	-44.69% Mar 17, 2008 - Nov 25, 2009
#3	-38.88% Jan 4, 2022 - Jun 14, 2024	-35.89% Nov 3, 1999 - May 6, 2002
#4	-31.35% Apr 27, 2015 - Feb 10, 2017	-26.77% Jan 29, 2026 - Mar 26, 2026
#5	-29.49% Jan 13, 2020 - Jul 6, 2020	-25.32% Feb 4, 2003 - Jan 9, 2004
#6	-29.06% Feb 7, 2011 - Apr 17, 2014	-23.64% May 11, 2006 - Oct 26, 2007
#7	-25.65% Jul 10, 2024 - Jun 10, 2025	-21.75% Apr 1, 2004 - Dec 7, 2005
#8	-20.51% Jan 22, 2018 - Oct 17, 2019	-20.52% Apr 27, 2011 - Aug 18, 2011
#9	-12.98% Apr 29, 2021 - Sep 3, 2021	-19.76% May 24, 2002 - Jan 27, 2003
#10	-11.12% Aug 27, 2014 - Apr 23, 2015	-17.97% Dec 2, 2009 - Aug 27, 2010
#11	-10.51% Feb 25, 2026 - Apr 13, 2026	-12.88% Dec 31, 2010 - Feb 18, 2011
#12	-8.16% Sep 3, 2021 - Nov 17, 2021	-11.21% Oct 16, 2025 - Nov 28, 2025
#13	-8.12% Oct 29, 2025 - Jan 2, 2026	-10.73% Oct 29, 2024 - Feb 5, 2025
#14	-7.53% May 11, 2026 - May 26, 2026	-9.13% Feb 2, 2006 - Mar 2, 2006
#15	-6.22% Nov 24, 2017 - Jan 5, 2018	-8.01% Apr 19, 2006 - May 4, 2006

Correlation

Correlation between EWT and CEF is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2000 - 2025)

EWT vs CEF dividend yield comparison.

Year	EWT	CEF
2025	4.43%	0.00%
2024	3.32%	0.00%
2023	8.12%	0.00%
2022	18.82%	0.00%
2021	0.55%	0.00%
2020	1.83%	0.00%
2019	2.49%	0.00%
2018	3.16%	0.08%
2017	2.81%	0.07%
2016	2.39%	0.09%
2015	3.12%	0.10%
2014	1.93%	0.09%
2013	1.82%	0.08%
2012	1.99%	0.00%
2011	4.04%	0.05%
2010	1.86%	0.05%
2009	1.60%	0.07%
2008	7.93%	0.09%
2007	2.60%	0.09%
2006	2.08%	0.11%
2005	1.09%	0.15%
2004	0.66%	0.18%
2003	0.19%	0.19%
2002	0.00%	0.21%
2001	0.00%	0.30%
2000	8.12%	0.31%