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EWT vs FDL

Comparison between ISHARES MSCI TAIWAN ETF (EWT, ETF) and FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX FUND (FDL, ETF).

5-Year PerformanceEWT has outperformed FDL, delivering a return of +15.7% compared to +11.9%

EWT vs FDL - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
EWT
$7.20B
Winner
FDL
$7.30B
Expense Ratio
EWT
0.59%
Winner
FDL
0.43%
Max Drawdown
Winner
EWT
66.98%
FDL
68.60%
Sharpe Ratio
Winner
EWT
2.88
FDL
1.61
5Y Beta
EWT
1.10
Winner
FDL
0.42
P/E Ratio
EWT
N/A
FDL
15.58
Forward P/E
EWT
N/A
FDL
12.20
PEG Ratio
EWT
N/A
FDL
0.47
5Y Dividends CAGR
Winner
EWT
17.83%
FDL
6.98%
5Y EPS CAGR
EWT
N/A
FDL
8.12%
Debt to Equity
EWT
N/A
FDL
-8.00%
P/S Ratio
EWT
N/A
FDL
1.38
P/B Ratio
EWT
N/A
FDL
2.00

EWT vs FDL - Historical Returns

Returns include dividend reinvestment.

1M
Winner
EWT
+25.86%
FDL
-2.58%
3M
Winner
EWT
+35.83%
FDL
-1.51%
6M
Winner
EWT
+55.61%
FDL
+16.46%
1Y
Winner
EWT
+96.52%
FDL
+23.95%
5Y(CAGR)
Winner
EWT
+15.73%
FDL
+11.88%
10Y(CAGR)
Winner
EWT
+19.79%
FDL
+11.18%
Max(CAGR)
EWT
+6.90%
Winner
FDL
+8.70%

EWT vs FDL - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

YearEWTFDL
2026+48.39%+10.44%
2025+29.45%+14.75%
2024+18.86%+16.15%
2023+23.87%+3.12%
2022-29.44%+6.12%
2021+24.57%+27.30%
2020+29.83%-4.69%
2019+34.78%+23.95%
2018-11.37%-6.43%
2017+25.27%+11.08%
2016+21.43%+21.68%
2015-11.88%+2.54%
2014+9.67%+14.35%
2013+6.29%+20.24%
2012+17.35%+9.29%
2011-22.42%+13.63%
2010+19.35%+15.25%
2009+69.07%+11.95%
2008-43.19%-29.98%
2007+4.75%-11.29%
2006+14.69%+18.40%
2005+6.29%N/A
2004+4.14%N/A
2003+35.85%N/A
2002-26.24%N/A
2001+1.41%N/A
2000-42.87%N/A

EWT vs FDL Drawdown Comparison

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

The maximum drawdown for FDL was -65.91%, occurring on Mar 5, 2009. Recovery took 1446 trading sessions.

The current FDL drawdown is -3.59%.

RankEWTFDL
#1-64.35%
Jul 17, 2000 - Oct 29, 2007
-65.91%
May 22, 2007 - Feb 19, 2013
#2-62.92%
Oct 29, 2007 - Jan 26, 2011
-41.40%
Dec 23, 2019 - Feb 22, 2021
#3-38.88%
Jan 4, 2022 - Jun 14, 2024
-16.45%
May 27, 2022 - Feb 1, 2023
#4-31.35%
Apr 27, 2015 - Feb 10, 2017
-14.67%
Feb 13, 2023 - Jan 5, 2024
#5-29.49%
Jan 13, 2020 - Jul 6, 2020
-13.30%
Jan 26, 2018 - Mar 13, 2019
#6-29.06%
Feb 7, 2011 - Apr 17, 2014
-12.24%
Feb 28, 2025 - Jul 2, 2025
#7-25.65%
Jul 10, 2024 - Jun 10, 2025
-11.18%
Jan 22, 2015 - Oct 22, 2015
#8-20.51%
Jan 22, 2018 - Oct 17, 2019
-8.90%
Nov 29, 2024 - Feb 20, 2025
#9-12.98%
Apr 29, 2021 - Sep 3, 2021
-7.05%
Jul 26, 2019 - Sep 11, 2019
#10-11.12%
Aug 27, 2014 - Apr 23, 2015
-6.20%
May 10, 2021 - Dec 15, 2021
#11-10.51%
Feb 25, 2026 - Apr 13, 2026
-6.06%
May 15, 2013 - Jul 23, 2013
#12-8.16%
Sep 3, 2021 - Nov 17, 2021
-5.82%
Dec 29, 2015 - Feb 16, 2016
#13-8.12%
Oct 29, 2025 - Jan 2, 2026
-5.82%
Apr 20, 2022 - May 26, 2022
#14-6.22%
Nov 24, 2017 - Jan 5, 2018
-5.55%
Feb 20, 2007 - Apr 16, 2007
#15-6.14%
Oct 8, 2025 - Oct 20, 2025
-5.46%
Mar 28, 2024 - May 13, 2024

Correlation

Correlation between EWT and FDL is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95
-101

Dividend Comparison (2000 - 2026)

EWT vs FDL dividend yield comparison.

YearEWTFDL
20260.00%0.82%
20254.43%4.04%
20243.32%4.96%
20238.12%4.58%
202218.82%3.58%
20210.55%4.59%
20201.83%4.48%
20192.49%3.75%
20183.16%3.97%
20172.81%3.18%
20162.39%2.93%
20153.12%3.65%
20141.93%3.35%
20131.82%3.13%
20121.99%3.84%
20114.04%3.47%
20101.86%3.62%
20091.60%4.01%
20087.93%6.10%
20072.60%4.38%
20062.08%2.55%
20051.09%0.00%
20040.66%0.00%
20030.19%0.00%
20008.12%0.00%

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