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EWI - ETF AI Analysis
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iShares MSCI Italy ETF (EWI)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Financial Sector Exposure
With nearly half of the portfolio in financial stocks, the ETF benefits from strong performance in this sector, including top holdings like UniCredit and Intesa Sanpaolo.
Focused Geographic Exposure
The ETF’s heavy focus on Italy provides targeted exposure to a unique market, which can be advantageous for investors seeking country-specific opportunities.
Reasonable Expense Ratio
The fund’s expense ratio is competitive for a specialized ETF, helping investors retain more of their returns.
Negative Factors
Over-Concentration in Financials
Nearly half of the fund is allocated to financial stocks, which increases risk if the sector faces challenges.
Limited Geographic Diversification
With almost 90% of the portfolio invested in Italy, the ETF is highly exposed to risks specific to the Italian economy.
Mixed Performance of Top Holdings
While some top holdings like UniCredit and Leonardo have performed well, others like Ferrari and Stellantis have lagged, creating uneven momentum.
EWI vs. SPDR S&P 500 ETF (SPY)
AUM667.65M
RegionEurope
Expense Ratio0.50%
Beta0.68
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.57%
Asset ClassEquity
Index TrackedMSCI Italy 25-50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume489,597
30 Day Avg. Volume445,871
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
58.59Price 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 lets you invest in a variety of companies from Italy, following the MSCI Italy 25/50 Index. It includes well-known names like UniCredit SpA and Ferrari, as well as businesses from sectors like finance, utilities, and consumer goods. This ETF is a good option for investors looking to diversify their portfolio with European assets and benefit from Italy's economic growth. However, new investors should know that the ETF’s performance is closely tied to the Italian economy, which can be affected by local and global market changes.
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
The iShares MSCI Italy ETF (EWI) leans heavily on financials, with UniCredit and Intesa Sanpaolo leading the charge. While these banking giants have shown steady year-to-date gains, recent performance has been mixed, hinting at some turbulence. Enel, a major player in utilities, is rising steadily, providing a bright spot for the fund. On the flip side, Ferrari and Stellantis are dragging the ETF, as both face bearish momentum and valuation concerns. With nearly half of the fund concentrated in financials, EWI offers a focused bet on Italy’s economic backbone but lacks diversification across sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| UniCredit SpA | 15.12% | $100.27M | €105.11B | 96.10% | 75 Outperform | |
| Intesa Sanpaolo SpA | 12.71% | $84.34M | €98.48B | 44.84% | 76 Outperform | |
| Enel S.p.A. | 10.89% | $72.23M | €88.57B | 25.72% | 67 Neutral | |
| Ferrari | 5.58% | $37.04M | $86.95B | -19.17% | 72 Outperform | |
| Assicurazioni Generali S.p.A. | 4.65% | $30.88M | €52.46B | 20.36% | 63 Neutral | |
| ENI S.p.A. | 4.51% | $29.89M | €48.51B | 19.80% | 63 Neutral | |
| Prysmian SpA | 4.44% | $29.47M | €23.70B | 33.98% | 65 Neutral | |
| Stellantis | 4.23% | $28.04M | $44.17B | -15.56% | 63 Neutral | |
| Leonardo Spa | 3.97% | $26.36M | €27.71B | 86.67% | 60 Neutral | |
| BPER Banca S.p.A. | 3.38% | $22.41M | €21.12B | 74.82% | 79 Outperform |
EWI Technical Analysis
Positive
―
Price Trends
52.15
Positive
51.51
Positive
48.06
Positive
Market Momentum
0.48
Negative
65.36
Neutral
85.47
Negative
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 52.67, equal to the 50-day MA of 52.15, and equal to the 200-day MA of 48.06, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 65.36 is Neutral, neither overbought nor oversold. The STOCH value of 85.47 is Negative, 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
53.66
17.39
47.95%
FLGB
Franklin FTSE United Kingdom ETF
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―
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SPEU
SPDR Portfolio Europe ETF
―
―
―
DBEU
Xtrackers MSCI Europe Hedged Equity ETF
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―
―
EWQ
iShares MSCI France ETF
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―
―
EWD
iShares MSCI Sweden 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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