What this ETF is trying to do

The iShares MSCI Hong Kong ETF (EWH) is designed to give investors exposure to companies based in Hong Kong. It holds a variety of stocks to track the performance of that specific region's market.

What the numbers show

As of October 9, 2026, the share price was $22.06. To understand how the price has moved, we look at "price return" (the change in share price) and "total return" (which includes both price changes and cash distributions).

• Year-to-Date (YTD): The price return is 3.81%, while the total return is 5.47%.

• One Year: The price return is 2.32%, while the total return is 7.33%.

• Three Year: The price return is 27.74%, while the total return is 46.44%.

For a simple example, if you had invested $10,000 exactly one year ago at the estimated price of $21.56, the price-only increase would have grown that amount to approximately $10,231.91.

Income and Distribution Explanation

This ETF pays out cash to investors, known as distributions. The distribution yield is approximately 4.69%. Over the last 12 months, it made two payouts. The frequency of these payments is described as irregular or less frequent.

It is important for beginners to remember that a high distribution yield alone can be misleading. While these payments provide cash income, they do not guarantee that the original investment value will stay the same.

NAV Erosion Explanation

"NAV erosion" happens when the actual value of the fund's underlying assets declines over time. StockValueFinder uses an erosion-risk score to measure this. EWH has an erosion score of 94, which is labeled as "Stable / sideways" with "good" severity. The severe erosion-risk flag is false, meaning the fund has not triggered a warning for substantial price deterioration.

Top Holdings

The fund holds 34 different assets. Because the list is partial, these are the Top Holdings as of October 4, 2026:

• AIA Group Ltd: 23.59%

• Hong Kong Exchanges and Clearing Ltd: 15.06%

• CK Hutchison Holdings Ltd: 5.59%

• BOC Hong Kong Holdings Ltd: 4.71%

• CLP Holdings Ltd: 4.42%

• Techtronic Industries Co Ltd: 4.18%

• Sun Hung Kai Properties Ltd: 4.12%

• Link Real Estate Investment Trust: 3.46%

• Power Assets Holdings Ltd: 3.01%

• CK Asset Holdings Ltd: 2.95%

Pros

• Positive total returns over the short and long term (1-year and 3-year).

• A "good" erosion-risk score, suggesting price stability.

• Provides a way to invest in major Hong Kong companies.

Cons

• Cash distributions are irregular and not paid on a strict schedule.

• The portfolio is heavily weighted in a few large companies, such as AIA Group Ltd.

Beginner Takeaway

EWH allows you to invest in the Hong Kong market. It has shown growth in both share price and total return over the last three years. While it provides a distribution yield of about 4.69%, the payments are irregular. The fund currently shows a stable erosion-risk profile.