EWA - ETF AI Analysis
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iShares MSCI Australia ETF (EWA)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the year so far, supported by solid returns in the last few months.
Leading Australian Blue-Chip Holdings
The fund’s largest positions include major Australian banks and resource companies that have generally delivered strong or steady performance this year.
Meaningful Size and Liquidity
With over a billion dollars in assets, the ETF is a well-established vehicle that is likely to offer easier trading for everyday investors.
Negative Factors
High Sector Concentration in Financials
A large share of the portfolio is in financial stocks, so the fund is heavily exposed to the health of Australia’s banking sector.
Limited Geographic Diversification
Almost all of the ETF’s holdings are in Australia, which means performance is closely tied to the Australian economy and currency.
Moderately High Expense Ratio
The fund’s ongoing fee is on the higher side for a broad country ETF, which slightly reduces the net return investors keep over time.
EWA vs. SPDR S&P 500 ETF (SPY)
AUM1.46B
RegionAsia-Pacific
Expense Ratio0.50%
Beta0.86
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.88%
Asset ClassEquity
Index TrackedMSCI Australia
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,125,165
30 Day Avg. Volume3,150,962
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
29.86Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering47
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EWA Summary
The iShares MSCI Australia ETF (EWA) is a fund that aims to track the MSCI Australia Index, giving you broad exposure to the Australian stock market in a single investment. It holds many of the country’s largest companies, including Commonwealth Bank of Australia and mining giant BHP Group, across sectors like financials, materials, and consumer goods. Someone might invest in EWA to diversify outside their home country and benefit from Australia’s resource-driven economy. A key risk is that the fund is heavily tied to Australia’s market and can go up or down with that economy and its major sectors.
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 heavily anchored in Australia’s big banks and miners, so a handful of names really steer the ship. BHP and Rio Tinto have been rising on the back of stronger materials markets, giving the fund a solid lift, while Woodside Energy has also been a helpful tailwind. On the flip side, major lenders like Commonwealth Bank, Westpac, and NAB have been lagging, so financials are more of a brake than an engine right now. With all holdings in Australia and a clear tilt toward financials and resources, this ETF is a concentrated bet on the country’s economic core.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| BHP Group Ltd | 15.92% | $234.87M | AU$308.91B | 70.74% | 68 Neutral | |
| Commonwealth Bank of Australia | 13.09% | $193.14M | AU$261.50B | -11.06% | 64 Neutral | |
| Westpac Banking | 5.88% | $86.72M | AU$117.85B | 19.00% | 69 Neutral | |
| National Australia Bank Limited | 5.50% | $81.11M | AU$109.15B | -7.74% | 64 Neutral | |
| ANZ Group Holdings | 5.05% | $74.49M | AU$101.82B | 26.01% | 70 Outperform | |
| Wesfarmers Limited | 4.81% | $70.96M | AU$95.72B | 7.79% | 68 Neutral | |
| Macquarie Group Limited | 4.31% | $63.53M | AU$86.21B | 23.73% | 56 Neutral | |
| Rio Tinto Limited | 3.37% | $49.70M | AU$248.66B | 87.06% | 78 Outperform | |
| Goodman Group | 3.08% | $45.51M | AU$63.04B | -5.85% | 54 Neutral | |
| Woodside Energy Group | 2.99% | $44.18M | AU$59.86B | 23.88% | 71 Outperform |
EWA Technical Analysis
Positive
―
Price Trends
29.17
Positive
28.83
Positive
27.54
Positive
Market Momentum
-0.12
Negative
54.38
Neutral
56.50
Neutral
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 undefined is equal to the 20-day moving average (MA) of 28.82, equal to the 50-day MA of 29.17, and equal to the 200-day MA of 27.54, indicating a bullish trend. The MACD of -0.12 indicates Negative momentum. The RSI at 54.38 is Neutral, neither overbought nor oversold. The STOCH value of 56.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EWA.
EWA Peer Comparison
Comparison Results
Performance Comparison
EWA
iShares MSCI Australia ETF
29.22
3.57
13.92%
DXJ
WisdomTree Japan Hedged Equity Fund
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INDA
iShares MSCI India ETF
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MCHI
iShares MSCI China ETF
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BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan 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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