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EWP - ETF AI Analysis
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iShares MSCI Spain ETF (EWP)
Rating:66Neutral
Price Target:―
Positive Factors
Leading Spanish Blue-Chip Holdings
The fund’s largest positions include several well-known Spanish companies that have shown generally solid recent performance, helping support the ETF’s returns.
Sector Diversification Within Spain
Holdings spread across financials, utilities, industrials, consumer cyclical, and other sectors help reduce the impact of weakness in any single industry.
Meaningful Fund Size
The ETF manages a sizable pool of assets, which can support trading liquidity and help keep the fund operating efficiently.
Negative Factors
Country Concentration Risk
With almost all assets invested in Spain, the fund is highly exposed to economic and political developments in a single country.
Heavy Tilt Toward Financials
A large share of the portfolio is in financial stocks, so any downturn in the banking sector could significantly hurt performance.
Moderately High Expense Ratio
The fund’s ongoing fee is on the higher side for a broad country ETF, which can gradually eat into investor returns over time.
EWP vs. SPDR S&P 500 ETF (SPY)
AUM1.84B
RegionEurope
Expense Ratio0.50%
Beta0.59
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.15%
Asset ClassEquity
Index TrackedMSCI Spain 25-50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume604,381
30 Day Avg. Volume714,054
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
58.77Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering21
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EWP Summary
The iShares MSCI Spain ETF (EWP) tracks the MSCI Spain 25-50 Index, giving you broad exposure to the Spanish stock market in a single investment. It holds major Spanish companies such as Banco Santander and Iberdrola, along with banks, utilities, industrials, and consumer brands. Someone might invest in this ETF to diversify outside their home country and to participate in the potential growth of Spain’s economy and the wider Eurozone. A key risk is that it is heavily concentrated in Spain and in financial stocks, so its value can rise or fall sharply with Spain’s market and banking sector.
How much will it cost me?The iShares MSCI Spain ETF (EWP) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than the average for passively managed ETFs because it focuses on a specific market (Spain), which requires more specialized management.
What would affect this ETF?The iShares MSCI Spain ETF could benefit from economic growth in Spain and the Eurozone, particularly if the financial and utilities sectors, which make up a significant portion of the fund, perform well. However, challenges such as rising interest rates or economic slowdowns in Europe could negatively impact the ETF, especially given its heavy exposure to Spanish banks and utilities. Regulatory changes in Spain or the broader Eurozone could also influence the performance of its top holdings like Banco Santander and Iberdrola.
EWP Top 10 Holdings
EWP is essentially a Spain play with a big bet on its banks and utilities. Banco Santander is one of the main engines, rising steadily and giving the fund a solid financial backbone, while BBVA and CaixaBank are also helping, even if their momentum has been a bit more mixed lately. Iberdrola, the utility giant, has been more of a steady but slightly losing steam presence. On the consumer side, Inditex adds a touch of global retail strength, while Amadeus has been lagging and quietly tugging on performance. Overall, this is a concentrated, Spain-only story driven by financials and infrastructure-style names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Banco Santander | 18.45% | $344.20M | €152.81B | 93.93% | 73 Outperform | |
| Iberdrola | 14.59% | $272.19M | €134.19B | 49.54% | 67 Neutral | |
| Banco Bilbao Vizcaya Argentaria | 12.62% | $235.46M | €111.27B | 70.59% | 76 Outperform | |
| Inditex | 4.81% | $89.69M | €177.53B | 5.94% | 78 Outperform | |
| Ferrovial | 4.66% | $86.86M | €44.29B | 42.82% | 78 Outperform | |
| CAIXABANK | 4.49% | $83.83M | €72.10B | 64.05% | 76 Outperform | |
| Actividades de Construccion y Servicios SA | 4.33% | $80.86M | €26.53B | 107.01% | 70 Outperform | |
| Repsol | 4.15% | $77.49M | €18.77B | 42.45% | 72 Outperform | |
| Aena SA | 4.11% | $76.70M | €43.21B | 29.06% | 80 Outperform | |
| Banco de Sabadell | 3.54% | $66.12M | €16.06B | 28.34% | ― |
EWP Technical Analysis
Positive
―
Price Trends
54.70
Positive
52.08
Positive
48.21
Positive
Market Momentum
0.57
Positive
56.91
Neutral
46.27
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.21, equal to the 50-day MA of 54.70, and equal to the 200-day MA of 48.21, indicating a bullish trend. The MACD of 0.57 indicates Positive momentum. The RSI at 56.91 is Neutral, neither overbought nor oversold. The STOCH value of 46.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EWP.
EWP Peer Comparison
Comparison Results
Performance Comparison
EWP
iShares MSCI Spain ETF
56.83
22.19
64.06%
EZU
iShares MSCI Eurozone ETF
―
―
―
BBEU
JPMorgan BetaBuilders Europe ETF
―
―
―
IEUR
iShares Core MSCI Europe ETF
―
―
―
EWU
iShares MSCI United Kingdom ETF
―
―
―
HEDJ
WisdomTree Europe Hedged Equity Fund
―
―
―
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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