iShares MSCI Singapore ETF (EWS)
| Assets | $794.71M |
| Expense Ratio | 0.50% |
| PE Ratio | 17.75 |
| Shares Out | 27.55M |
| Dividend (ttm) | $1.13 |
| Dividend Yield | 3.92% |
| Ex-Dividend Date | Dec 16, 2025 |
| Payout Ratio | 69.52% |
| 1-Year Return | +22.84% |
| Volume | 798,011 |
| Open | 28.90 |
| Previous Close | 28.80 |
| Day's Range | 28.72 - 28.91 |
| 52-Week Low | 20.08 |
| 52-Week High | 29.65 |
| Beta | 0.57 |
| Holdings | 24 |
| Inception Date | Mar 12, 1996 |
About EWS
Fund Home PageThe iShares MSCI Singapore ETF (EWS) is an exchange-traded fund that is based on the MSCI Singapore 25-50 index, a market-cap-weighted index of Singaporean firms, covering top 85% of the market subjected to diversification requirements. EWS was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
77.61% of assets| Name | Symbol | Weight |
|---|---|---|
| DBS Group Holdings Ltd | D05 | 22.68% |
| Sea Limited | SE | 14.29% |
| Keppel Ltd. | BN4 | 5.75% |
| Singapore Technologies Engineering Ltd | S63 | 5.44% |
| Yangzijiang Shipbuilding (Holdings) Ltd. | BS6 | 5.19% |
| Oversea-Chinese Banking Corporation Limited | O39 | 5.14% |
| United Overseas Bank Limited | U11 | 4.85% |
| Singapore Airlines Limited | C6L | 4.80% |
| Singapore Telecommunications Limited | Z74 | 4.77% |
| Wilmar International Limited | F34 | 4.71% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.66795 | Dec 19, 2025 |
| Jun 16, 2025 | $0.45905 | Jun 20, 2025 |
| Dec 17, 2024 | $0.58408 | Dec 20, 2024 |
| Jun 11, 2024 | $0.35089 | Jun 17, 2024 |
| Dec 20, 2023 | $0.53436 | Dec 27, 2023 |
| Jun 7, 2023 | $0.68026 | Jun 13, 2023 |
News
Hunting For Dividends: Is ASEAN Next?
ASEAN's dividend opportunity is underpinned by diverse and evolving market characteristics. The FTSE ASEAN Index, which captures the large- and mid-cap companies listed in the five ASEAN markets - Sin...
EWS: A Bad Proxy For Investing In Singapore
EWS has a highly concentrated, cyclical exposure portfolio that tilts towards industrials and consumer discretionary sectors. It underweights local banks and telecommunication stocks, limiting its par...
Singapore inflation remains steady at 1.2% in November, missing estimates
The reading was lower than Reuters-polled analysts' median estimates of 1.3%.
EWS: Singapore Stocks Staging A Strong 2025 Rally, P/E Still Attractive
iShares MSCI Singapore ETF (EWS) has surged 33% year-to-date, outperforming US stocks and regional peers, driven by strong momentum and a weaker US dollar. EWS offers exposure to large and mid-cap Sin...
Singapore's Central Bank Leaves Monetary Policy Untouched As Tariffs Loom
Singapore's central bank has kept its policy band unchanged after easing policy in its last two meetings, as the city-state continues to face risks from looming U.S. tariffs.
APAC Equities: The Sensitivity To Oil Prices
Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Domestic political uncertainties have been one main reason for the decoupling...
EWS: Singapore Offers Solid Valuations And A Potential Safe Haven
Singapore's stable, innovative economy and prudent governance make EWS a relatively safe investment with solid long-term upside, despite recent strong gains limiting near-term potential. EWS offers ge...
EWS: Singapore Stock Market Looks Less Attractive Than Its Wider Economy
EWS has outperformed the S&P 500 recently, sparking interest in Singapore's innovative economy. Despite these recent gains, EWS's long-term returns are lackluster, with only 151% in total return over ...
Investing In Singapore Is A Great, High-Risk Opportunity
EWS offers a 3.92% dividend yield and has shown strong momentum, gaining over 10% in 6 months and over 30% in a year. Singapore's robust economic indicators, including 5% GDP growth, low inflation and...
Singapore Banks Expect Wealth Management, Loans To Drive Earnings Momentum
Singapore's three largest banks expect wealth management and growing loan portfolios to drive earnings in 2025 after they posted strong earnings growth in the third quarter. DBS Group Holdings Ltd.
EWS: This Singapore ETF Offers A Good Dividend Yield, But Caution Prevails
EWS offers broad exposure to Singapore and Southeast Asia with an attractive dividend yield, but global economic uncertainties warrant a Hold stance. Key components like DBS Group and OCBC show strong...
China Outperforms The Rest Of The World
Shanghai CSI 300 has gone from a 52-week low to a 52-week high in only a couple of weeks. Other than China and Hong Kong, Australia is the only other international market starting the week at a 52-wee...
EWS: The Only Choice
International investing with single country ETFs like iShares MSCI Singapore ETF is favored at this point of the cycle. Singapore offers business-friendly tax policies and government incentives for in...
EWS: Not Sold Despite High Income Potential
iShares MSCI Singapore ETF tracks the MSCI Singapore Index, focusing on mid and large-cap stocks, with $439M in assets. It has a notable yield profile at 6.4% TTM. EWS is heavily weighted in the finan...
EWS: Singapore Yields Up To 7% But Remains Relatively Unattractive
Singapore continues to be a beacon of resilience in Southeast Asia. Yet, the underlying earnings growth remains quite unimpressive. At current valuations, Singapore equities don't offer compelling val...
EWS ETF: Not The Most Exciting Option Around
Over the past year, EWS has lost 6% of its value, whilst global stocks have gained 14%. Amongst all the ASEAN regions, Singapore offers the weakest growth outlook.
ASEAN Economic Outlook In 2024
The total nominal GDP of the ten ASEAN nations measured in US dollar terms amounted to USD 3.6 trillion in 2022, more than doubling compared with total GDP of USD 1.6 trillion in 2009. Singapore's GDP...
EWS: Fundamental Headwinds To Outweigh The Attractive 5% Yield
From an income perspective, you'd be hard-pressed to look beyond the well-covered 5% yield offered by iShares' MSCI Singapore ETF. Yet, capital growth, including dividends, continues to be lackluster ...
Singapore's Economic Growth Improves In Q3 2023
Singapore's economic growth in 2023 has slowed compared to 2022, with contracting manufacturing output and exports being a key factor. The service sector is expected to be more resilient, driven by th...
EWS: Beware The Singaporean Income Trap
Helped by its bank concentration, the iShares MSCI Singapore ETF is on track to become the highest-yielding ETF in Southeast Asia. Owning a bank-heavy fund into a peaking monetary tightening phase and...
Singapore Narrowly Averts Recession In First Half Of 2023
Singapore's Q2 GDP estimate for 2023 was revised down to 0.5% yoy compared with the advance estimate of 0.7% yoy. The service sector economy is expected to be more resilient, boosted by the continued ...
STI index: Is it safe to buy Singapore stocks as they underperform?
The Strait Time Index (STI) index has underperformed its global peers as concerns about Singapore slowdown continues. The index, which tracks the biggest companies in Singapore, was trading at S$3,245...