EWI - ETF AI Analysis

Top Page

iShares MSCI Italy ETF (EWI)

Rating:70Neutral

Price Target:―

EWI, the iShares MSCI Italy ETF, has a solid overall rating driven mainly by strong Italian financial and utility names like Intesa Sanpaolo and UniCredit, which show robust profitability, attractive valuations, and generally supportive market trends. Ferrari and BPER Banca also add quality through strong financial performance and positive outlooks, though some holdings such as Leonardo and ENI face bearish or overbought technical signals and potential overvaluation, which can temper the fund’s appeal. The main risk is its heavy concentration in a few large Italian companies and sectors, meaning setbacks in these names or in Italy’s market more broadly could significantly affect the ETF.

Positive Factors

Established Asset Base

The fund manages a sizable pool of assets, suggesting it has attracted steady investor interest and offers reasonable trading liquidity.

Exposure to Leading Italian Companies

The ETF’s top holdings include several major Italian financial, industrial, and energy firms that play key roles in the country’s economy.

Recent Short-Term Momentum

Despite a slightly negative year-to-date result, the fund has shown positive performance over the last three months, indicating some recent recovery.

Negative Factors

High Sector Concentration in Financials

Nearly half of the portfolio is in financial stocks, which increases the fund’s sensitivity to problems in Italy’s banking and insurance sectors.

Country Concentration Risk

With the vast majority of assets invested in Italy, the ETF is heavily exposed to Italian economic and political conditions.

Mixed Performance Among Top Holdings

Several of the largest positions have shown weak or lagging year-to-date performance, which has weighed on the fund’s overall returns.

EWI vs. SPDR S&P 500 ETF (SPY)

AUM615.92M

RegionEurope

Expense Ratio0.50%

Beta0.72

IssueriShares

Inception DateMar 12, 1996

Dividend Yield2.84%

Asset ClassEquity

Index TrackedMSCI Italy 25-50

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume800,461

30 Day Avg. Volume474,115

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

61.83

Price 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. It holds a mix of large Italian companies across many sectors, with a big focus on banks and utilities. Well-known names in the fund include Ferrari and Stellantis, along with major Italian banks like UniCredit. Someone might invest in EWI to diversify into European stocks and benefit from Italy’s potential economic growth. A key risk is that it is heavily tied to Italy’s market and financial sector, so its price can move up and down sharply with local conditions.

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 essentially a bet on Italy’s banks and utilities, with UniCredit and Intesa Sanpaolo steering the ship. UniCredit has been rising and looks like a key performance engine, while Intesa’s more mixed, adding stability but not much spark. Enel and ENI give the fund a solid utilities-and-energy backbone, both trending steadily higher and helping smooth out volatility. Industrial names like Prysmian and Leonardo have been climbing as well, adding some growth flavor. With all holdings rooted in Italy, this ETF is a pure play on the Italian market’s fortunes.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
UCG	UniCredit SpA	16.30%	$101.37M	€103.76B	44.86%	75 Outperform
ENEL	Enel S.p.A.	13.16%	$81.87M	€97.51B	35.20%	67 Neutral
ISP	Intesa Sanpaolo SpA	12.58%	$78.25M	€93.16B	14.37%	76 Outperform
ENI	ENI S.p.A.	5.23%	$32.53M	€61.04B	54.07%	63 Neutral
LDO	Leonardo Spa	4.81%	$29.89M	€35.93B	43.27%	60 Neutral
PRY	Prysmian SpA	4.65%	$28.95M	€29.19B	91.23%	65 Neutral
RACE	Ferrari	4.28%	$26.65M	$82.61B	-21.46%	72 Outperform
G	Assicurazioni Generali S.p.A.	4.24%	$26.40M	€51.37B	3.30%	63 Neutral
BPE	BPER Banca S.p.A.	3.25%	$20.21M	€22.17B	55.68%	79 Outperform
TRN	Terna S.p.A.	2.79%	$17.38M	€19.79B	24.17%	72 Outperform

EWI Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

55.54

Negative

100DMA

53.79

Negative

200DMA

51.33

Positive

Market Momentum

MACD

-0.63

Positive

RSI

39.38

Neutral

STOCH

32.15

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 55.63, equal to the 50-day MA of 55.54, and equal to the 200-day MA of 51.33, indicating a neutral trend. The MACD of -0.63 indicates Positive momentum. The RSI at 39.38 is Neutral, neither overbought nor oversold. The STOCH value of 32.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EWI.

EWI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
EWI	―	―	$615.92M	0.50%	70 Neutral
FLGB	―	―	$864.15M	0.09%	72 Outperform
SPEU	―	―	$790.27M	0.07%	63 Neutral
DBEU	―	―	$676.89M	0.45%	63 Neutral
EWQ	―	―	$354.68M	0.50%	71 Outperform
EWD	―	―	$332.05M	0.51%	68 Neutral

Performance Comparison

EWI

iShares MSCI Italy ETF

53.56

12.88

31.66%

FLGB

Franklin FTSE United Kingdom ETF

―

SPEU

SPDR Portfolio Europe ETF

―

DBEU

Xtrackers MSCI Europe Hedged Equity ETF

―

EWQ

iShares MSCI France ETF

―

EWD

iShares MSCI Sweden ETF

―

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: ―

Table of Contents