EWA - ETF AI Analysis
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iShares MSCI Australia ETF (EWA)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, which suggests its portfolio has recently been working well for investors.
Leading Australian Blue-Chip Holdings
Several of the largest positions, including major resource and financial companies, have shown strong or steady performance, helping support the fund’s returns.
Broad Sector Coverage Within Australia
The fund holds companies across many sectors, including financials, materials, consumer, health care, and others, which helps spread risk across different parts of the Australian economy.
Negative Factors
High Concentration in Financials and Materials
A large share of the portfolio is tied up in financial and materials stocks, so weakness in banks or commodity-related companies could have an outsized impact on the ETF.
Mixed Performance Among Top Holdings
Some major bank and real estate holdings have shown weak or negative performance, which can drag on overall returns even when other positions are doing well.
Single-Country Focus
With almost all assets invested in Australia, the fund is heavily exposed to the Australian economy and currency, offering limited diversification across global markets.
EWA vs. SPDR S&P 500 ETF (SPY)
AUM1.24B
RegionAsia-Pacific
Expense Ratio0.50%
Beta0.84
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.94%
Asset ClassEquity
Index TrackedMSCI Australia
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,973,569
30 Day Avg. Volume2,277,768
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
29.09Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering43
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EWA Summary
The iShares MSCI Australia ETF (EWA) is a fund that lets you invest in a wide range of Australian companies by tracking the MSCI Australia Index. It holds many large and mid-sized firms across key sectors like banks, mining, and consumer businesses. Well-known names inside the fund include BHP Group and Commonwealth Bank of Australia. Someone might invest in EWA to add international diversification and gain exposure to Australia’s resource-rich economy in a single, easy investment. A key risk is that the ETF is heavily tied to Australian financial and materials stocks, so its value can rise or fall sharply with that market.
How much will it cost me?The iShares MSCI Australia ETF (EWA) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than average for ETFs because it tracks a specific international market, which typically involves more management and costs compared to broad, passively managed funds like U.S. index ETFs.
What would affect this ETF?The iShares MSCI Australia ETF (EWA) could benefit from strong global demand for commodities, as materials and mining companies like BHP and Rio Tinto are key holdings, and Australia is a resource-rich economy. However, its heavy exposure to financials, including major banks like Commonwealth Bank and Westpac, makes it sensitive to changes in interest rates or economic slowdowns that could impact lending and profitability. Additionally, regulatory changes or geopolitical tensions in the Asia-Pacific region could pose risks to its performance.
EWA Top 10 Holdings
EWA is essentially a bet on Australia’s big banks and mining giants, with BHP and Rio Tinto powering the fund as they ride rising commodity momentum. On the financial side, ANZ and Macquarie are holding up reasonably well, adding some steady ballast, while Commonwealth Bank and Westpac have been lagging and act like a brake on overall returns. Wesfarmers and CSL bring a mix of retail and healthcare strength, helping diversify away from pure resources and finance. With all holdings based in Australia, this ETF is a concentrated play on the country’s domestic market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| BHP Group Ltd | 15.62% | $192.21M | AU$309.43B | 70.67% | 68 Neutral | |
| Commonwealth Bank of Australia | 13.05% | $160.63M | AU$257.77B | -9.28% | 64 Neutral | |
| National Australia Bank Limited | 6.10% | $75.07M | AU$120.38B | -2.84% | 64 Neutral | |
| Westpac Banking | 5.92% | $72.88M | AU$116.89B | 0.00% | 69 Neutral | |
| ANZ Group Holdings | 5.70% | $70.15M | AU$112.29B | 21.33% | 70 Outperform | |
| Macquarie Group Limited | 4.53% | $55.73M | AU$90.26B | 19.06% | 56 Neutral | |
| Wesfarmers Limited | 4.18% | $51.43M | AU$82.67B | -17.88% | 68 Neutral | |
| CSL | 4.04% | $49.73M | AU$80.19B | -11.17% | 75 Outperform | |
| Rio Tinto Limited | 3.17% | $38.97M | AU$237.08B | 59.35% | 78 Outperform | |
| Woodside Energy Group | 3.16% | $38.84M | AU$62.40B | 35.67% | 71 Outperform |
EWA Technical Analysis
Negative
―
Price Trends
29.44
Negative
28.97
Negative
28.21
Positive
Market Momentum
-0.18
Positive
33.89
Neutral
8.05
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 29.77, equal to the 50-day MA of 29.44, and equal to the 200-day MA of 28.21, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 33.89 is Neutral, neither overbought nor oversold. The STOCH value of 8.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EWA.
EWA Peer Comparison
Comparison Results
Performance Comparison
EWA
iShares MSCI Australia ETF
28.49
2.18
8.29%
DXJ
WisdomTree Japan Hedged Equity Fund
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BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
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INDA
iShares MSCI India ETF
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MCHI
iShares MSCI China ETF
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FLAU
Franklin FTSE Australia ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis 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.Date of analysis: ―
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