EWA - ETF AI Analysis
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iShares MSCI Australia ETF (EWA)
EWA, the iShares MSCI Australia ETF, has a solid overall rating largely driven by heavyweight holdings like BHP and Rio Tinto, which combine strong financial performance with attractive dividends and supportive technical trends. Major bank holdings such as CBA and NAB add stability but bring risks from high leverage, cash flow issues, and some bearish or cautious technical signals, while Macquarie’s mixed financials and potential overvaluation slightly weigh on the fund. The main risk factor is the ETF’s concentration in a small set of large Australian financial and resource companies, which can make performance more sensitive to sector-specific downturns.
EWA vs. SPDR S&P 500 ETF (SPY)
- AUM
- 1.25B
- Region
- Asia-Pacific
- Expense Ratio
- 0.50%
- Beta
- 0.82
- Issuer
- iShares
- Inception Date
- Mar 12, 1996
- Dividend Yield
- 2.88%
- Asset Class
- Equity
- Index Tracked
- MSCI Australia
EWA Summary
EWA is the iShares MSCI Australia ETF, which follows the MSCI Australia Index. This means it invests in many of the largest companies in Australia across sectors like banks, mining, and consumer goods. Well-known holdings include BHP Group and Commonwealth Bank of Australia. Investors might consider EWA to add international diversification to a portfolio and to benefit from Australia’s resource-rich economy and stable financial sector. A key risk is that the fund is heavily tied to the Australian market and its financial and materials sectors, so its value can go up or down with changes in Australia’s economy and global commodity prices.
How much will it cost me?
This ETF has an expense ratio of 0.50%, which means you’ll pay about $5 per year for every $1,000 invested. That’s a bit higher than many broad, passively managed index ETFs, likely because it focuses specifically on Australian stocks rather than a wider global market.
What would affect this ETF?
This Australia-focused ETF is heavily tied to big banks and resource companies, so it could benefit if global demand for commodities stays strong, the Australian economy grows steadily, and interest rates stabilize in a way that supports bank profits. On the downside, weaker growth in Asia, falling commodity prices, stricter banking regulations, or sharp moves in interest rates could hurt its major financial and materials holdings and weigh on overall performance.
EWA Top 10 Holdings
EWA is essentially a bet on Australia’s big banks and miners, with a dash of healthcare and energy for balance. Commonwealth Bank and ANZ have been rising and helping to steady the ship, while Westpac is holding its own. On the flip side, heavyweights BHP and Rio Tinto have been losing steam lately, acting as a drag despite earlier gains. CSL has been a bright spot, quietly climbing and adding some defensive strength, and Woodside’s solid run in energy gives the fund an extra tailwind. Overall, this is a concentrated, Australia-only play on financials and resources.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 AU:BHP | BHP Group Ltd | 14.22% | $177.19M | AUD 292.61B | 30.59% | 68Neutral |
 AU:CBA | Commonwealth Bank of Australia | 13.66% | $170.20M | AUD 278.72B | -3.84% | 64Neutral |
 AU:NAB | National Australia Bank Limited | 6.31% | $78.59M | AUD 129.05B | -6.21% | 64Neutral |
 AU:WBC | Westpac Banking | 6.28% | $78.30M | AUD 125.77B | -4.00% | 69Neutral |
 AU:ANZ | ANZ Group Holdings | 6.02% | $75.07M | AUD 122.95B | 10.67% | 70Outperform |
 CMXHF | CSL | ― | ― | ― | ― | 75Outperform |
 AU:MQG | Macquarie Group Limited | 4.51% | $56.14M | AUD 92.90B | 14.99% | 56Neutral |
 AU:WES | Wesfarmers Limited | 4.32% | $53.82M | AUD 87.06B | -8.19% | 68Neutral |
 AU:WDS | Woodside Energy Group | 3.05% | $38.03M | AUD 63.30B | 34.76% | 71Outperform |
 AU:RIO | Rio Tinto Limited | 2.67% | $33.30M | AUD 200.36B | 9.57% | 78Outperform |
EWA Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWA, the sentiment is Positive. The current price of 29.43 is above the 20-day moving average (MA) of 28.96, above the 50-day MA of 29.12, and above the 200-day MA of 28.71, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 58.14 is Neutral, neither overbought nor oversold. The STOCH value of 81.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EWA.
EWA Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| EWA | $29.43 | $31.00(5.33% Upside) | $1.25B | 0.50% | 66Neutral |
 DXJ | $58.89 | $73.41(24.65% Upside) | $7.05B | 0.48% | 71Outperform |
 BBAX | $62.55 | $67.71(8.24% Upside) | $6.76B | 0.19% | 66Neutral |
 INDA | $48.45 | $56.68(16.99% Upside) | $5.84B | 0.61% | 66Neutral |
 MCHI | $49.59 | $69.65(40.45% Upside) | $5.49B | 0.59% | 58Neutral |
 FLAU | $35.06 | $36.31(3.55% Upside) | $227.23M | 0.09% | 64Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| EWA | iShares MSCI Australia ETF | 29.43 | 3.82 | 14.93% | |
| DXJ | WisdomTree Japan Hedged Equity Fund | 58.89 | 14.38 | 32.31% | |
| BBAX | JPMorgan BetaBuilders Developed Asia ex-Japan ETF | 62.55 | 8.84 | 16.46% | |
| INDA | iShares MSCI India ETF | 48.45 | -5.57 | -10.31% | |
| MCHI | iShares MSCI China ETF | 49.59 | -11.97 | -19.45% | |
| FLAU | Franklin FTSE Australia ETF | 35.06 | 4.53 | 14.83% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.