EWP - ETF AI Analysis
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iShares MSCI Spain ETF (EWP)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Fund Performance
The ETF has shown solid gains so far this year and over the past month, indicating positive recent momentum.
Leading Spanish Blue-Chip Holdings
Many of the largest positions, such as Iberdrola, Repsol, Ferrovial, and Aena, have delivered strong year-to-date performance, helping support the fund’s returns.
Meaningful Fund Size
With a sizable asset base, the ETF appears well-established, which can help with trading liquidity for investors.
Negative Factors
High Country Concentration
Almost all assets are invested in Spain, so the fund is heavily exposed to the economic and political conditions of a single country.
Sector Concentration in General and Financials
Most of the portfolio is tied to broad market and financial companies, which can hurt performance if these areas in Spain face pressure.
Mixed Performance Among Top Holdings
Some key positions, such as BBVA and Amadeus IT Group, have shown weak year-to-date performance, which can drag on overall returns.
EWP vs. SPDR S&P 500 ETF (SPY)
AUM1.96B
RegionEurope
Expense Ratio0.50%
Beta0.65
IssueriShares
Inception DateMar 12, 1996
Dividend Yield2.82%
Asset ClassEquity
Index TrackedMSCI Spain 25-50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume476,257
30 Day Avg. Volume355,038
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
62.37Price 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 a fund that aims to track the MSCI Spain 25-50 Index, giving you broad exposure to the Spanish stock market in a single investment. It holds many of Spain’s largest companies across sectors, including well-known names like Banco Santander and Iberdrola. Someone might invest in EWP to diversify their portfolio internationally and potentially benefit from growth in Spain and the wider Eurozone. A key risk is that the fund is heavily tied to Spain’s economy and stock market, so its value can rise or fall sharply with local economic and political conditions.
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 very much a Spain story, with the fund’s fate tied closely to a handful of big domestic champions. The financials bench is calling the shots: Banco Santander and BBVA are both rising and giving the ETF a solid tailwind, while CaixaBank adds extra punch with particularly strong recent momentum. Iberdrola and other infrastructure names like Ferrovial and Aena are also steadily pulling their weight, helping smooth out bumps. The main drag comes from Amadeus, where more mixed, slightly lagging action keeps the fund from really hitting full stride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Banco Santander | 19.75% | $389.30M | €178.11B | 63.99% | 73 Outperform | |
| Iberdrola | 13.81% | $272.20M | €135.78B | 34.53% | 67 Neutral | |
| Banco Bilbao Vizcaya Argentaria | 13.37% | $263.57M | €125.14B | 77.64% | 76 Outperform | |
| CAIXABANK | 4.64% | $91.40M | €87.28B | 66.58% | 76 Outperform | |
| Inditex | 4.48% | $88.30M | €171.06B | 28.86% | 78 Outperform | |
| Ferrovial | 4.12% | $81.19M | €40.80B | 26.55% | 78 Outperform | |
| Repsol | 4.06% | $80.03M | €25.30B | 77.94% | 72 Outperform | |
| Actividades de Construccion y Servicios SA | 3.92% | $77.28M | €31.92B | 111.67% | 70 Outperform | |
| Amadeus IT Group S.A | 3.64% | $71.72M | €20.47B | -29.02% | 61 Neutral | |
| Aena SA | 3.51% | $69.14M | €40.41B | 15.81% | 80 Outperform |
EWP Technical Analysis
Positive
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Price Trends
57.28
Positive
55.85
Positive
53.55
Positive
Market Momentum
0.60
Positive
55.92
Neutral
46.13
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 59.12, equal to the 50-day MA of 57.28, and equal to the 200-day MA of 53.55, indicating a bullish trend. The MACD of 0.60 indicates Positive momentum. The RSI at 55.92 is Neutral, neither overbought nor oversold. The STOCH value of 46.13 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
59.25
16.51
38.63%
EZU
iShares MSCI Eurozone ETF
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―
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BBEU
JPMorgan BetaBuilders Europe ETF
―
―
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IEUR
iShares Core MSCI Europe ETF
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―
―
EWU
iShares MSCI United Kingdom ETF
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―
―
EWL
iShares MSCI Switzerland 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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