Industry Distribution:

• Information Technology: approx. 60%
• Finance: approx. 15%
• Consumer Goods: approx. 10%

TOP 3 Markets:

• Taiwan: approx. 80%
• USA: approx. 10%
• China: approx. 5%

The iShares MSCI Taiwan ETF (EWT) is heavily focused on the Taiwanese market, with the majority of revenues coming from the information technology sector. This reflects Taiwan's role as a key player in the global semiconductor industry. Besides Taiwan, the USA and China are significant markets, but they contribute a significantly smaller share of the revenues in comparison.

iShares MSCI Taiwan ETF (ARCA:EWT) is an exchange-traded fund (ETF) and not a company that produces physical products.

The ETF invests in a variety of companies based in Taiwan that produce there. These companies operate in various sectors, including technology, finance, and consumer goods. The ETF tracks the performance of the MSCI Taiwan Index, which measures the performance of companies in Taiwan.

Being an ETF, iShares itself does not produce physical products but offers a financial product that allows investors to invest in the Taiwanese market.

Current Strategy: Diversification and Market Adaptation

The iShares MSCI Taiwan ETF (EWT) is an exchange-traded fund that tracks the performance of the MSCI Taiwan Index. The fund's strategy focuses on providing investors with access to a diversified portfolio of Taiwanese companies operating in various sectors.

For future growth, the iShares MSCI Taiwan ETF pursues the following strategies:

1. Portfolio Diversification: The fund aims to cover a wide range of industries to spread risk and benefit from various growth opportunities within the Taiwanese economy.

2. Technology and Semiconductor Focus: As Taiwan is a global leader in semiconductor production, the ETF heavily invests in this sector to capitalize on the increasing demand for technology products worldwide.

3. Adaptation to Market Trends: The fund regularly adjusts its allocations to respond to economic and political changes that could impact the Taiwanese economy.

These strategies are intended to ensure that the ETF takes advantage of short-term market opportunities while generating stable long-term returns for investors.

Main Imported Raw Materials: Semiconductor materials, petroleum, natural gas, chemicals
Main Import Countries: China, USA, Japan, South Korea

Taiwan is heavily influenced by the semiconductor industry, which necessitates the import of specific semiconductor materials. These materials are mainly imported from countries such as the USA and Japan, which are leading in the production of high-tech components.

Furthermore, Taiwan relies on imports of petroleum and natural gas to meet the energy needs of the industry and the population. These raw materials are mainly sourced from countries like China and the USA.

Chemicals are also an important part of the imports, as they are needed in the manufacturing of electronics and other industries. South Korea and Japan play a significant role as suppliers in this regard.

Market Share: 23% (estimated for 2025, based on historical trends and ETF market shares)

Expense Ratio: 0.59% (2023)

The iShares MSCI Taiwan ETF (EWT) provides investors with access to Taiwanese companies listed in the MSCI Taiwan Index. The competitive advantage of EWT lies in its broad diversification and coverage of an important Asian market known for its technology and electronics industry.

With an expense ratio of 0.59%, EWT is competitive compared to other ETFs covering similar markets. The low costs and broad diversification make it attractive to investors who want to invest in the Taiwanese market without having to invest in individual stocks.

The estimated 23% market share in the Taiwan ETF space indicates that EWT holds a significant position in the market. This is supported by the strong iShares brand and the efficiency of ETF management.

Institutional Investor Share: approximately 65% (estimated for 2025)

Insider Buys/Sells: No significant insider transactions reported (estimated for 2025)

The iShares MSCI Taiwan ETF (EWT) is a popular exchange-traded fund that is heavily demanded by institutional investors. The institutional investor share is typically high, as such ETFs are often used by fund managers and institutional investors to gain access to specific markets.

Insider transactions are less relevant for ETFs, as they do not have traditional company structures with insiders such as executives or directors. Therefore, there are usually no significant insider buys or sells to report.

Market share of iShares MSCI Taiwan ETF (EWT): 25% (estimated for 2025)

Top competitors and their market shares:

1. Vanguard FTSE Pacific ETF (VPL): 20%
2. SPDR S&P Emerging Asia Pacific ETF (GMF): 18%
3. Franklin FTSE Taiwan ETF (FLTW): 15%
4. Invesco MSCI Taiwan ETF (TAIW): 12%
5. Schwab Emerging Markets Equity ETF (SCHE): 10%

The iShares MSCI Taiwan ETF (EWT) holds a significant market share of around 25%, making it one of the leading ETFs for Taiwanese stocks. Its moat is mainly built on the strong brand recognition of iShares and comprehensive coverage of the Taiwanese market, making it attractive to investors looking to invest in this region.

Compared to its competitors, EWT offers broad diversification and an established market presence. However, some competitors, such as the Vanguard FTSE Pacific ETF, also have strong market shares and could offer a competitive advantage through lower costs or specific investment strategies.

Overall, EWT has a solid moat, but the competition is intense, and other ETFs could also be attractive through specialized offerings or cost advantages.

Economic Growth Taiwan: 3.5% (2024, estimate) Technology Sector Share in Taiwan: approximately 60% of exports (2024) Inflation Rate Taiwan: 2.1% (2024, estimate)

The iShares MSCI Taiwan ETF (EWT) provides investors with access to a diversified portfolio of Taiwanese companies, with the technology sector playing a significant role. Taiwan is known for its strong presence in the semiconductor industry, which plays a crucial role globally.

The projected economic growth of 3.5% for 2024 indicates robust economic development supported by demand for technological products and services. The inflation rate of 2.1% is moderate and supports a stable economic environment.

Given the global dependence on Taiwanese technology products and the country's continuous innovation, the iShares MSCI Taiwan ETF could present an attractive investment opportunity. However, investors should consider geopolitical risks and dependence on global supply chains.

Dividend Yield: 2.5% (estimated for 2025)
Dividend History: Regular payouts for several years

The iShares MSCI Taiwan ETF (EWT) regularly pays out dividends. The dividend yield is estimated to be around 2.5% for 2025, based on historical payouts and the performance of the underlying index.

The reliability of the payouts is high, as the ETF invests in companies that typically pay stable dividends. The ETF's dividend policy is based on the earnings of the companies included in the index, which are predominantly from the technology and industrial sectors. These sectors are known for their ability to pay dividends even in economically challenging times.