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EWA - ETF AI Analysis
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iShares MSCI Australia ETF (EWA)
Rating:66Neutral
Price Target:―
Positive Factors
Large, Established Companies
The ETF’s biggest positions are in well-known Australian blue-chip companies, which can provide stability and liquidity for investors.
Support from Strong Materials and Health Care Names
Several top holdings in the materials and health care sectors have shown strong recent performance, helping offset weaker bank stocks.
Meaningful Size
With over a billion dollars in assets, the fund is large enough to offer good trading liquidity and ongoing viability for investors.
Negative Factors
Heavy Concentration in Financials
A large share of the portfolio is in Australian banks and other financial companies, which increases the fund’s sensitivity to that sector.
Mixed Performance from Top Holdings
Several of the largest bank holdings have shown weak recent performance, which has weighed on the ETF’s short-term returns.
Relatively 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)
AUM1.41B
RegionAsia-Pacific
Expense Ratio0.50%
Beta0.84
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.92%
Asset ClassEquity
Index TrackedMSCI Australia
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,491,363
30 Day Avg. Volume5,087,904
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
29.25Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering46
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 major Australian companies. It holds large banks and resource firms, including well-known names like Commonwealth Bank of Australia and BHP Group. Investors might consider EWA to diversify outside their home country and gain a stake in Australia’s banking and mining sectors in a single, easy-to-trade investment. A key risk is that the fund is heavily tied to Australia’s economy and stock market, so its value can rise or fall with that market and its financial and materials 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 essentially a bet on Australia’s big banks and miners, and lately that split story is driving the fund. Commonwealth Bank, Westpac, and National Australia Bank have been losing steam, acting as a brake on returns, even as ANZ holds relatively steady. On the other side, resource giants BHP and Rio Tinto are rising, giving the ETF a lift as commodities improve. Names like CSL and Wesfarmers add some balance but don’t change the fact that this is a heavily financials-and-materials, Australia-only ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Commonwealth Bank of Australia | 13.89% | $199.94M | AU$265.38B | -4.36% | 64 Neutral | |
| BHP Group Ltd | 12.84% | $184.82M | AU$255.20B | 44.75% | 68 Neutral | |
| National Australia Bank Limited | 6.79% | $97.78M | AU$134.53B | 29.95% | 64 Neutral | |
| Westpac Banking | 6.73% | $96.88M | AU$134.18B | 32.77% | 69 Neutral | |
| ANZ Group Holdings | 5.42% | $77.95M | AU$110.49B | 33.98% | 70 Outperform | |
| Wesfarmers Limited | 4.88% | $70.23M | AU$99.09B | 27.27% | 68 Neutral | |
| Macquarie Group Limited | 3.89% | $55.99M | AU$78.40B | 2.21% | 56 Neutral | |
| CSL | 3.84% | $55.31M | AU$83.15B | -21.64% | 75 Outperform | |
| Goodman Group | 3.07% | $44.23M | AU$63.63B | -11.84% | 54 Neutral | |
| Rio Tinto Limited | 2.99% | $42.98M | AU$231.75B | 56.54% | 78 Outperform |
EWA Technical Analysis
Positive
―
Price Trends
26.78
Positive
26.47
Positive
26.07
Positive
Market Momentum
0.61
Negative
70.70
Negative
90.87
Negative
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 27.75, equal to the 50-day MA of 26.78, and equal to the 200-day MA of 26.07, indicating a bullish trend. The MACD of 0.61 indicates Negative momentum. The RSI at 70.70 is Negative, neither overbought nor oversold. The STOCH value of 90.87 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
Performance Comparison
EWA
iShares MSCI Australia ETF
29.30
4.45
17.91%
INDA
iShares MSCI India ETF
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―
―
VPL
Vanguard FTSE Pacific ETF
―
―
―
MCHI
iShares MSCI China ETF
―
―
―
DXJ
WisdomTree Japan Hedged Equity Fund
―
―
―
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.
Disclaimer
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.Date of analysis: ―
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