EWP - ETF AI Analysis
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iShares MSCI Spain ETF (EWP)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum for investors.
Leading Spanish Blue-Chip Holdings
Top positions like Banco Santander, Iberdrola, BBVA, and Repsol have generally shown strong performance, helping drive the fund’s returns.
Healthy Asset Size
The fund manages a large pool of assets, which can support better liquidity and more efficient trading for investors.
Negative Factors
High Country Concentration
Almost all of the ETF’s assets are invested in Spain, so investors are heavily exposed to the Spanish economy and local market risks.
Heavy Sector Tilt Toward Financials
A large portion of the portfolio is in financial companies, which can make the fund more sensitive to banking and interest-rate conditions.
Relatively High Expense Ratio
The fund’s fees are on the higher side for an ETF, which slightly reduces the net return investors receive over time.
EWP vs. SPDR S&P 500 ETF (SPY)
AUM2.42B
RegionEurope
Expense Ratio0.50%
Beta0.62
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.77%
Asset ClassEquity
Index TrackedMSCI Spain 25-50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume385,091
30 Day Avg. Volume384,374
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
66.08Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering21
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EWP Summary
EWP is the iShares MSCI Spain ETF, a fund that follows the MSCI Spain 25-50 Index to give you broad exposure to the Spanish stock market. It holds many of Spain’s largest companies, including well-known names like Banco Santander and Iberdrola, plus banks, utilities, and industrial firms. Investors might consider EWP to diversify outside their home country and to benefit from potential growth in Spain and the wider Eurozone. A key risk is that the fund is almost entirely invested in Spain, so its value can rise or fall sharply with the Spanish economy and stock market.
How much will it cost me?The iShares MSCI Spain ETF (EWP) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than the average for passively managed ETFs because it focuses on a specific market (Spain), which requires more specialized management.
What would affect this ETF?The iShares MSCI Spain ETF could benefit from economic growth in Spain and the Eurozone, particularly if the financial and utilities sectors, which make up a significant portion of the fund, perform well. However, challenges such as rising interest rates or economic slowdowns in Europe could negatively impact the ETF, especially given its heavy exposure to Spanish banks and utilities. Regulatory changes in Spain or the broader Eurozone could also influence the performance of its top holdings like Banco Santander and Iberdrola.
EWP Top 10 Holdings
EWP is essentially a bet on Spain’s big banks, with Banco Santander and BBVA steering the ship. Both have been rising this year, giving the fund a solid financial backbone, even as CAIXABANK’s more mixed recent moves add a bit of wobble. Energy player Repsol has been a standout, powering ahead and helping offset softer patches. On the other side, utilities giant Iberdrola has been steady rather than exciting, while global retailer Inditex has been losing steam. Overall, it’s a Spain-heavy, finance-led story with a dash of energy and consumer exposure.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Banco Santander | 19.29% | $466.24M | €182.81B | 40.16% | 73 Outperform | |
| Banco Bilbao Vizcaya Argentaria | 14.36% | $347.23M | €140.28B | 55.90% | 76 Outperform | |
| Iberdrola | 12.46% | $301.23M | €134.07B | 27.16% | 67 Neutral | |
| Repsol | 5.11% | $123.54M | €33.17B | 102.32% | 72 Outperform | |
| CAIXABANK | 4.58% | $110.73M | €92.16B | 44.04% | 76 Outperform | |
| Inditex | 4.14% | $100.07M | €165.77B | 16.72% | 78 Outperform | |
| Ferrovial | 3.90% | $94.39M | €34.67B | 0.62% | 78 Outperform | |
| Amadeus IT Group S.A | 3.79% | $91.51M | €21.58B | -19.26% | 61 Neutral | |
| Banco de Sabadell | 3.63% | $87.84M | €17.91B | 12.30% | ― | |
| Aena SA | 3.48% | $84.17M | €38.82B | 12.76% | 80 Outperform |
EWP Technical Analysis
Negative
―
Price Trends
61.64
Negative
59.64
Negative
56.99
Positive
Market Momentum
-0.46
Positive
36.36
Neutral
16.95
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWP, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 61.25, equal to the 50-day MA of 61.64, and equal to the 200-day MA of 56.99, indicating a neutral trend. The MACD of -0.46 indicates Positive momentum. The RSI at 36.36 is Neutral, neither overbought nor oversold. The STOCH value of 16.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EWP.
EWP Peer Comparison
Comparison Results
Performance Comparison
EWP
iShares MSCI Spain ETF
59.20
11.01
22.85%
EZU
iShares MSCI Eurozone ETF
―
―
―
IEUR
iShares Core MSCI Europe ETF
―
―
―
BBEU
JPMorgan BetaBuilders Europe ETF
―
―
―
EWU
iShares MSCI United Kingdom ETF
―
―
―
EWL
iShares MSCI Switzerland ETF
―
―
―
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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