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EWP - ETF AI Analysis
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iShares MSCI Spain ETF (EWP)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Financial Sector Exposure
The ETF is heavily weighted in financial stocks, many of which have shown strong year-to-date performance, driving overall returns.
Healthy Year-to-Date Performance
The fund has delivered solid gains this year, indicating strong momentum in its holdings.
Focused Geographic Exposure
The ETF’s concentration in Spain allows investors to benefit from targeted exposure to a specific market with growth potential.
Negative Factors
Over-Concentration in Spain
With nearly all assets tied to Spain, the fund is highly vulnerable to country-specific economic or political risks.
Mixed Performance Among Holdings
While some top holdings have performed well, others have lagged, creating uneven contributions to the fund’s overall returns.
Moderate Expense Ratio
The ETF’s expense ratio is higher than some broad-market funds, which could slightly reduce long-term returns for investors.
EWP vs. SPDR S&P 500 ETF (SPY)
AUM1.83B
RegionEurope
Expense Ratio0.50%
Beta0.56
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.23%
Asset ClassEquity
Index TrackedMSCI Spain 25-50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume544,402
30 Day Avg. Volume701,665
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
55.66Price 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) is an investment fund that focuses on Spanish companies, giving investors exposure to Spain's economy. It tracks the MSCI Spain Index, which includes businesses from various sectors like finance, utilities, and consumer goods. Some well-known companies in this ETF are Banco Santander and Iberdrola. Investors might consider EWP to diversify their portfolio geographically or to benefit from potential growth in Spain's economy. However, since it is heavily concentrated in Spain, its performance can be affected by economic or political changes in the country.
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
The iShares MSCI Spain ETF leans heavily on financials, with Banco Santander and BBVA leading the charge thanks to steady revenue growth and solid profitability. Iberdrola, a key utility holding, has been rising but faces headwinds from high debt levels. Meanwhile, Inditex, a consumer cyclical name, adds a touch of flair with strong short-term momentum. However, Amadeus IT Group is lagging, dragging on performance with bearish technical trends. With a clear focus on Spain’s financial and utility sectors, this fund offers concentrated exposure to the Eurozone’s fourth-largest economy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Banco Santander | 18.31% | $334.27M | €150.44B | 137.35% | 73 Outperform | |
| Iberdrola | 13.76% | $251.21M | €124.79B | 43.06% | 67 Neutral | |
| Banco Bilbao Vizcaya Argentaria | 13.23% | $241.52M | €116.45B | 101.01% | 76 Outperform | |
| Inditex | 4.86% | $88.66M | €175.73B | 12.58% | 78 Outperform | |
| CAIXABANK | 4.63% | $84.57M | €73.79B | 89.05% | 76 Outperform | |
| Ferrovial | 4.42% | $80.65M | €40.80B | 41.88% | 78 Outperform | |
| Amadeus IT Group S.A | 4.09% | $74.59M | €28.11B | -5.03% | 61 Neutral | |
| Repsol | 4.05% | $73.99M | €18.44B | 41.08% | 72 Outperform | |
| Actividades de Construccion y Servicios SA | 3.97% | $72.47M | €23.88B | 97.50% | 70 Outperform | |
| Banco de Sabadell | 3.74% | $68.25M | €15.87B | 61.33% | ― |
EWP Technical Analysis
Positive
―
Price Trends
51.89
Positive
50.03
Positive
45.94
Positive
Market Momentum
0.86
Positive
69.20
Neutral
67.70
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 53.91, equal to the 50-day MA of 51.89, and equal to the 200-day MA of 45.94, indicating a bullish trend. The MACD of 0.86 indicates Positive momentum. The RSI at 69.20 is Neutral, neither overbought nor oversold. The STOCH value of 67.70 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
54.96
24.26
79.02%
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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