ETFs signal
EWH

EWH

iShares MSCI Hong Kong ETF

ETFsPCXUSD-11.5% from ATH
Current Price

$21.73

Drawdown from ATH

-11.5%

Last Updated

Jun 17, 2026

Dipsern Grade90d

D

Weak

Graded against EWH's own history at this drawdown — not the market's.

What it means: EWH's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-8.35%
May 5Jun 16
About EWH

iShares MSCI Hong Kong ETF

The fund seeks to track the investment results of the index, which is a free float-adjusted market capitalization-weighted index that is designed to measure the performance of the large- and mid-capitalization segments of the equity market in Hong Kong. It generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. Th

The reading

How Dipsern reads EWH right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is EWH doing right now?

In plain terms: EWH is 11.5% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Right now EWH — iShares MSCI Hong Kong ETF — is in a moderate correction, down 11.5% from its record high. Last price: $21.73. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.

Historical base rate

What history says at this drawdown

Across all available history, EWH has spent enough trading days in the 15%-to-10% drawdown band to build a large sample (893 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for EWH

ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. This is the band where most successful "buy the dip" strategies have historically operated. The median forward return here for EWH is in the full app, alongside the segment-level win rate.

Comparable signals

Other ETFs at similar drawdown levels

Five tickers closest to EWH's distance from all-time high. Same category, one tap away.

Energy Select Sector SPDR Fund

-11.5% from ATH

SPDR S&P Homebuilders ETF

-11.4% from ATH

iShares 7-10 Year Treasury Bond ETF

-11.2% from ATH

iShares U.S. Energy ETF

-11.8% from ATH

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

-11.8% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for EWH. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-70% to -65%1
-65% to -60%24
-60% to -55%118
-55% to -50%199
-50% to -45%285
-45% to -40%240
-40% to -35%473
-35% to -30%558
-30% to -25%671
-25% to -20%667
-20% to -15%797
-15% to -10%Current893
Methodology

Every grade is reproducible.

We segment 40+ years of EWH's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock EWH's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for EWH.

Dipsern is research and a second opinion — not a broker. You'd buy EWH at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.