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EWG - ETF AI Analysis
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iShares MSCI Germany ETF (EWG)
Rating:68Neutral
Price Target:―
Positive Factors
Large, Established Fund
The ETF manages a sizable pool of assets, suggesting it is well-established and widely used by investors.
Broad Sector Spread Within Germany
Holdings are spread across many sectors, including industrials, financials, technology, and others, which helps reduce the impact of weakness in any single industry.
Several Strong Recent Performers in Top Holdings
Some of the largest positions, such as Siemens, Siemens Energy, Rheinmetall, and Infineon, have shown strong recent performance, supporting the fund’s overall returns.
Negative Factors
High Country Concentration in Germany
Most of the fund is invested in German companies, so its performance is heavily tied to the health of Germany’s economy and market.
Notable Weakness in Key Top Holdings
Several major positions, including SAP, Allianz, Munich Re, Deutsche Telekom, Deutsche Bank, and DHL, have shown weak recent performance, which can drag on the ETF’s results.
Above-Average Expense Ratio for a Single-Country ETF
The fund’s expense ratio is on the higher side for a broad, country-focused ETF, which slightly reduces the net return investors keep over time.
EWG vs. SPDR S&P 500 ETF (SPY)
AUM1.78B
RegionEurope
Expense Ratio0.49%
Beta0.69
IssueriShares
Inception DateMar 12, 1996
Dividend Yield1.58%
Asset ClassEquity
Index TrackedMSCI Germany
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,695,873
30 Day Avg. Volume2,298,749
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
49.90Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering53
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EWG Summary
The iShares MSCI Germany ETF (EWG) is a fund that aims to match the performance of the MSCI Germany Index, giving you broad exposure to the German stock market. It holds many types of companies, from industrials and banks to technology and health care. Well-known holdings include SAP and Siemens, which are major global leaders in software and engineering. Someone might invest in EWG to diversify internationally and benefit from Germany’s strong, export-driven economy. A key risk is that the ETF can rise or fall with the German stock market and Europe’s economic conditions.
How much will it cost me?The iShares MSCI Germany ETF (EWG) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is slightly higher than average for ETFs because it tracks a specific international market, which typically involves more management and operational costs compared to broad, passively managed funds. It’s still considered reasonable for the exposure it provides to Germany’s economy.
What would affect this ETF?The iShares MSCI Germany ETF (EWG) could benefit from Germany's strong industrial and technology sectors, which are key drivers of its export-driven economy. However, challenges such as rising interest rates in Europe, economic slowdowns, or regulatory changes affecting major holdings like SAP or Siemens could negatively impact the ETF's performance. Global economic trends and demand for German exports will play a significant role in shaping its future.
EWG Top 10 Holdings
EWG is essentially a bet on Germany’s industrial and tech backbone, with Siemens and Siemens Energy doing much of the heavy lifting as their shares have been rising and giving the fund a welcome boost. Infineon adds a dose of upbeat momentum from the semiconductor side, while defense-focused Rheinmetall has been a standout winner. On the flip side, SAP has been losing steam, and financial heavyweights like Allianz and Munich Re have been lagging, which has kept a lid on overall gains. With all holdings rooted in Germany, this ETF is tightly tied to the country’s economic fortunes.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Siemens | 11.57% | $205.87M | €199.98B | 24.44% | 74 Outperform | |
| SAP SE | 10.30% | $183.25M | €194.20B | -37.58% | 66 Neutral | |
| Allianz | 8.43% | $150.00M | €140.80B | 18.45% | 67 Neutral | |
| Siemens Energy | 6.64% | $118.15M | €123.15B | 187.18% | 72 Outperform | |
| Deutsche Telekom | 5.94% | $105.67M | €137.77B | -12.90% | 67 Neutral | |
| Rheinmetall | 4.85% | $86.24M | €81.74B | 133.83% | 63 Neutral | |
| Munich Reinsurance | 3.94% | $70.06M | €66.94B | -2.17% | 71 Outperform | |
| Deutsche Bank AG | 3.57% | $63.55M | $74.07B | 100.82% | 69 Neutral | |
| Infineon Technologies AG | 3.25% | $57.76M | €54.15B | 48.04% | 67 Neutral | |
| DHL Group | 2.67% | $47.44M | €52.14B | 35.79% | 76 Outperform |
EWG Technical Analysis
Neutral
―
Price Trends
42.14
Positive
41.76
Positive
41.43
Positive
Market Momentum
0.35
Positive
50.73
Neutral
59.82
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 43.34, equal to the 50-day MA of 42.14, and equal to the 200-day MA of 41.43, indicating a neutral trend. The MACD of 0.35 indicates Positive momentum. The RSI at 50.73 is Neutral, neither overbought nor oversold. The STOCH value of 59.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EWG.
EWG Peer Comparison
Comparison Results
Performance Comparison
EWG
iShares MSCI Germany ETF
43.11
9.73
29.15%
EZU
iShares MSCI Eurozone ETF
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BBEU
JPMorgan BetaBuilders Europe ETF
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DAX
Global X DAX Germany ETF
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―
FGM
First Trust Germany AlphaDEX Fund
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FLGR
Franklin FTSE Germany 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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