What is iShares MSCI Italy ETF's average annual return?

Since 1997, iShares MSCI Italy ETF (EWI) has returned about 2.8% a year (the compound annual growth rate) and an average calendar-year return of 4.9%.

What were iShares MSCI Italy ETF's best and worst years?

Over 1997–2026, the best year was 2025 (+51.0%) and the worst was 2008 (-50.2%).

How often is iShares MSCI Italy ETF up in a year?

15 of the 29 full years since 1997 were positive — about 52% of the time.

EWI

iShares MSCI Italy ETFETF · Country ETFs

$63.16−$0.03 (-0.05%)as of market close, Aug 6, 2026

CompareSPYQQQNVDAAAPLMSFTAMZN

EWI returns by year

iShares MSCI Italy ETF has returned +2.8% annually (CAGR) since 1997. Calendar-year, monthly and weekly total returns for iShares MSCI Italy ETF (EWI) below, through August 6, 2026 — the most recent year is year-to-date.

Annualized (CAGR)

+2.8%

1997–2026

Average year

+4.9%

29 full years

Best year

+51.0%

2025

Worst year

-50.2%

2008

Positive years

15/29

52% up

iShares MSCI Italy ETF returns by year (1997–2026)#

Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return).

iShares MSCI Italy ETF annual returns by year
Year	Start price	End price	Dividend	Total return
2026YTD	$54.33	$63.16	+0.0%	+16.3%
2025	$35.97	$54.33	+0.0%	+51.0%
2024	$33.93	$35.97	+0.0%	+6.0%
2023	$26.94	$33.93	+0.0%	+25.9%
2022	$32.81	$26.94	+0.0%	-17.9%
2021	$29.44	$32.81	+0.0%	+11.4%
2020	$29.50	$29.44	+0.0%	-0.2%
2019	$24.21	$29.50	+0.0%	+21.9%
2018	$30.44	$24.21	+0.0%	-20.5%
2017	$24.21	$30.44	+0.0%	+25.7%
2016	$27.48	$24.21	+0.0%	-11.9%
2015	$27.20	$27.48	+0.0%	+1.0%
2014	$31.18	$27.20	+0.0%	-12.8%
2013	$26.90	$31.18	+0.0%	+15.9%
2012	$23.98	$26.90	+0.0%	+12.2%
2011	$32.76	$23.98	+0.0%	-26.8%
2010	$39.02	$32.76	+0.0%	-16.0%
2009	$32.78	$39.02	+0.0%	+19.0%
2008	$65.88	$32.78	+0.0%	-50.2%
2007	$66.42	$65.88	+0.0%	-0.8%
2006	$51.16	$66.42	+0.0%	+29.8%
2005	$51.20	$51.16	+0.0%	-0.1%
2004	$39.44	$51.20	+0.0%	+29.8%
2003	$29.20	$39.44	+0.0%	+35.1%
2002	$32.20	$29.20	+0.0%	-9.3%
2001	$45.25	$32.20	+0.0%	-28.8%
2000	$50.00	$45.25	+0.0%	-9.5%
1999	$54.38	$50.00	+0.0%	-8.0%
1998	$40.13	$54.38	+0.0%	+35.5%
1997	$30.00	$40.13	+0.0%	+33.7%

Total return by period

-40%-20%+0%+20%+40%

'97'00'03'06'09'12'15'18'21'24

Methodology#

Returns are total returns (dividends reinvested), computed from EWI's split- and dividend-adjusted closes. The bar chart switches between annual and monthly periods. Annualized return is the compound annual growth rate over the full period. The current year is year-to-date. See also the periodic table of returns. Past performance does not predict future returns; not investment advice.

See also: S&P 500 · Nasdaq-100 · Dow Jones · Russell 2000 · US Bond Market · Gold · Silver · Bitcoin · Ethereum

FAQ

What is iShares MSCI Italy ETF's average annual return?: Since 1997, iShares MSCI Italy ETF (EWI) has returned about 2.8% a year (the compound annual growth rate) and an average calendar-year return of 4.9%.
What were iShares MSCI Italy ETF's best and worst years?: Over 1997–2026, the best year was 2025 (+51.0%) and the worst was 2008 (-50.2%).
How often is iShares MSCI Italy ETF up in a year?: 15 of the 29 full years since 1997 were positive — about 52% of the time.