iShares MSCI Taiwan ETF vs Fortinet Inc — how do they compare? iShares MSCI Taiwan ETF trades at $114.13 (market cap $12.74B), while Fortinet Inc trades at $193.52 (market cap $138.75B). The key difference: Fortinet Inc is far larger — about 10.9× iShares MSCI Taiwan ETF's market cap, and iShares MSCI Taiwan ETF is more actively traded (8,470,920 versus 2,956,908). Which is the better fit depends on your goals — on Pluang, investors hold iShares MSCI Taiwan ETF for 52 Days and Fortinet Inc for 72 Days on average.
| EWT | FTNT | |
|---|---|---|
Market Cap | $12.74B | $138.75B |
Volume | 8,470,920 | 2,956,908 |
Sector | Broad Market / Factor | Technology |
52-Week High | $118.00 | $191.27 |
52-Week Low | $60.03 | $75.23 |
Typical Hold Time | 52 Days | 72 Days |
Enterprise Value | — | $135.17B |
Signals from Pluang's Aura AI — not financial advice
EWT trades at $114.01, down 1.92% on the day, with technical indicators showing a bullish trend supported by moving averages while oscillators remain neutral. The ETF maintains strong exposure to Taiwan's semiconductor sector, particularly TSMC, which represents 22.5% of its portfolio. Recent news highlights Taiwan's strategic importance in AI chip manufacturing and ongoing US-Taiwan economic cooperation, with Taiwanese companies planning $20 billion in US investments driven by AI demand (Reuters, 2026-09-02).
The outlook remains positive given Taiwan's central role in AI semiconductor supply chains, though geopolitical tensions with China present significant risks. Analyst sentiment is generally bullish with institutional investors increasing positions, including Bank of America's 22.4% stake increase in Q2 2026. Key support levels at $110-$112 provide downside protection while resistance sits at $115-$117.
Fortinet (FTNT) trades at $193.44, up 2.2% today and near its 52-week high, with strong technical momentum and bullish moving average signals. The company demonstrates robust fundamentals with revenue growing from $4.4B in 2022 to $6.8B in 2025, maintaining high profit margins above 28%. Recent quarterly earnings have consistently beaten expectations, and the company is positioned to benefit from AI-driven cybersecurity demand.
The outlook remains positive with raised 2026 guidance and strong platform adoption, though elevated valuation ratios (P/E 66.82, P/S 18.79) present risks. Analyst consensus is mixed with 42% buy ratings but a price target below current levels. Key risks include competitive pressures and execution challenges in maintaining growth momentum.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Latest headlines on both assets
EWT tracks the MSCI Taiwan 25/50 Index, providing targeted exposure to large and mid-cap companies in Taiwan. It is heavily concentrated in the information technology sector, serving as a liquid instrument for investors seeking a single-country view of Taiwan's export-oriented and tech-driven economy.
Read more on EWT →Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
Read more on FTNT →