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EWA - ETF AI Analysis
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iShares MSCI Australia ETF (EWA)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several major holdings, including ANZ Group and Wesfarmers, have delivered strong year-to-date performance, supporting the ETF's overall gains.
Sector Diversification
The ETF is spread across multiple sectors, with significant exposure to Financials and Materials, reducing reliance on a single industry.
Healthy Year-to-Date Performance
The ETF has shown solid year-to-date growth, indicating positive momentum in the Australian market.
Negative Factors
High Concentration in Financials
Over 40% of the portfolio is allocated to Financials, making the fund vulnerable to sector-specific risks.
Underperforming Key Holding
CSL, one of the top holdings, has lagged with negative year-to-date performance, dragging on overall returns.
Limited Geographic Exposure
The ETF is heavily focused on Australia, with minimal exposure to other regions, which limits diversification across global markets.
EWA vs. SPDR S&P 500 ETF (SPY)
AUM1.30B
RegionAsia-Pacific
Expense Ratio0.50%
Beta0.84
IssueriShares
Inception DateMar 12, 1996
Dividend Yield3.16%
Asset ClassEquity
Index TrackedMSCI Australia
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,186,455
30 Day Avg. Volume4,258,630
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
27.28Price 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 lets you invest in a wide range of Australian companies by following the MSCI Australia Index. This ETF includes major players like Commonwealth Bank of Australia and BHP Group Ltd, giving exposure to sectors such as financials and materials. It’s a good choice for investors looking to diversify internationally or benefit from Australia’s resource-rich economy. However, since it focuses heavily on Australian companies, its performance can be affected by changes in Australia’s economy or global commodity prices.
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
The iShares MSCI Australia ETF (EWA) leans heavily on financials, with Commonwealth Bank of Australia and Westpac Banking driving steady gains thanks to solid operational efficiency and dividend appeal. Materials stocks like BHP Group and Rio Tinto are rising, buoyed by strong global demand for resources, while Goodman Group and CSL are lagging, weighed down by bearish momentum and competitive pressures. This fund’s focus on Australia’s economic pillars—finance and mining—makes it a concentrated play on the country’s resource-rich and banking-driven economy, though mixed performance in health care and real estate adds a touch of volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Commonwealth Bank of Australia | 12.98% | $168.89M | AU$255.58B | -1.84% | 64 Neutral | |
| BHP Group Ltd | 12.66% | $164.75M | AU$244.34B | 27.85% | 68 Neutral | |
| Westpac Banking | 6.65% | $86.55M | AU$130.76B | 26.15% | 69 Neutral | |
| National Australia Bank Limited | 6.56% | $85.31M | AU$128.20B | 8.66% | 64 Neutral | |
| ANZ Group Holdings | 5.63% | $73.20M | AU$109.50B | 37.96% | 70 Outperform | |
| Wesfarmers Limited | 4.76% | $61.88M | AU$93.42B | 23.42% | 68 Neutral | |
| CSL | 4.30% | $55.90M | AU$84.17B | -30.50% | 75 Outperform | |
| Macquarie Group Limited | 3.78% | $49.14M | AU$75.72B | -5.61% | 56 Neutral | |
| Goodman Group | 3.23% | $41.99M | AU$62.94B | -12.55% | 54 Neutral | |
| Rio Tinto Limited | 2.76% | $35.97M | AU$214.88B | 31.53% | 78 Outperform |
EWA Technical Analysis
Positive
―
Price Trends
25.93
Positive
26.24
Positive
25.57
Positive
Market Momentum
0.15
Negative
59.67
Neutral
75.82
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 26.35, equal to the 50-day MA of 25.93, and equal to the 200-day MA of 25.57, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 59.67 is Neutral, neither overbought nor oversold. The STOCH value of 75.82 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
26.65
3.18
13.55%
INDA
iShares MSCI India ETF
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―
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VPL
Vanguard FTSE Pacific ETF
―
―
―
MCHI
iShares MSCI China ETF
―
―
―
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
―
―
―
FLAU
Franklin FTSE Australia ETF
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―
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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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