EWI - ETF AI Analysis
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iShares MSCI Italy ETF (EWI)
Rating:69Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown strong gains over the past month and steady progress year-to-date, indicating positive recent momentum.
Several Strong Top Holdings
Key positions like Enel, ENI, Prysmian, Leonardo, and BPER Banca have delivered strong returns this year, helping support the fund’s overall performance.
Focused Exposure to Italian Market
The fund’s heavy allocation to Italy gives investors a straightforward way to benefit when the Italian stock market performs well.
Negative Factors
High Country Concentration
With the vast majority of assets in Italian companies and very little outside exposure, the ETF is heavily exposed to Italy-specific economic and political risks.
Large Weight in Financials and a Few Stocks
Financial companies and a small number of big holdings like UniCredit and Intesa Sanpaolo make up a large slice of the portfolio, increasing the impact if these names struggle.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for a passive country ETF, which can gradually eat into long-term returns.
EWI vs. SPDR S&P 500 ETF (SPY)
AUM655.68M
RegionEurope
Expense Ratio0.50%
Beta0.77
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.69%
Asset ClassEquity
Index TrackedMSCI Italy 25-50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume353,942
30 Day Avg. Volume548,374
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
63.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EWI Summary
The iShares MSCI Italy ETF (EWI) is a fund that aims to track the MSCI Italy 25/50 Index, giving you broad exposure to the Italian stock market in a single investment. It holds many of Italy’s major companies across different sectors, including well-known names like Ferrari and Enel. Someone might consider EWI to add international and European diversification to a portfolio and to benefit if Italy’s economy grows over time. A key risk is that it is heavily tied to the Italian market, so its price can rise or fall sharply with Italy’s economy and stock market.
How much will it cost me?The iShares MSCI Italy ETF (EWI) 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 because it is a passively managed fund focused on a specific geographic region, which can involve higher costs compared to broader market ETFs.
What would affect this ETF?The iShares MSCI Italy ETF (EWI) could benefit from economic growth in Italy, particularly if the financial and utilities sectors, which make up a significant portion of its holdings, perform well. However, challenges such as rising interest rates or economic instability in Europe could negatively impact its top holdings, including major banks like UniCredit and Intesa Sanpaolo. Additionally, regulatory changes or energy price fluctuations could affect companies like ENI and Enel, which are key components of the ETF.
EWI Top 10 Holdings
EWI is very much an Italy story, with the fund’s fate tied closely to its big banks and a few national champions. UniCredit and Intesa Sanpaolo are rising lately and help drive returns, but their earlier weakness means financials have been a bit of a roller coaster. Enel and ENI add a steadier backbone from utilities and energy, with ENI’s recent strength giving the fund an extra push. Industrial name Prysmian has been a bright spot, while Ferrari’s more mixed performance shows that even luxury can occasionally stall out.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| UniCredit SpA | 14.65% | $96.04M | €96.52B | 30.66% | 75 Outperform | |
| Enel S.p.A. | 12.81% | $83.99M | €99.75B | 29.89% | 67 Neutral | |
| Intesa Sanpaolo SpA | 12.73% | $83.49M | €98.30B | 20.17% | 76 Outperform | |
| Prysmian SpA | 5.52% | $36.18M | €36.54B | 158.94% | 65 Neutral | |
| ENI S.p.A. | 5.50% | $36.05M | €67.12B | 80.46% | 63 Neutral | |
| Assicurazioni Generali S.p.A. | 4.65% | $30.51M | €58.48B | 20.92% | 63 Neutral | |
| Ferrari | 4.05% | $26.57M | $82.95B | -24.09% | 72 Outperform | |
| Leonardo Spa | 3.87% | $25.37M | €30.31B | 20.15% | 60 Neutral | |
| BPER Banca S.p.A. | 3.57% | $23.39M | €24.95B | 70.00% | 79 Outperform | |
| Banca Monte dei Paschi di Siena SPA | 3.07% | $20.14M | €27.32B | 22.98% | 69 Neutral |
EWI Technical Analysis
Positive
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Price Trends
55.12
Positive
55.01
Positive
52.72
Positive
Market Momentum
0.78
Positive
52.63
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.94, equal to the 50-day MA of 55.12, and equal to the 200-day MA of 52.72, indicating a neutral trend. The MACD of 0.78 indicates Positive momentum. The RSI at 52.63 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EWI.
EWI Peer Comparison
Comparison Results
Performance Comparison
EWI
iShares MSCI Italy ETF
56.67
13.79
32.16%
FLGB
Franklin FTSE United Kingdom ETF
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DBEU
Xtrackers MSCI Europe Hedged Equity ETF
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SPEU
SPDR Portfolio Europe ETF
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EWN
iShares MSCI Netherlands ETF
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EWQ
iShares MSCI France 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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