EWS - ETF AI Analysis
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iShares MSCI Singapore ETF (EWS)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Overall Performance
The ETF has shown strong recent performance over the year and in the last few months, which suggests positive momentum in its holdings.
Leading Singapore Banks Driving Returns
Large positions in major Singapore banks like DBS, OCBC, and UOB have delivered strong gains, helping support the fund’s results.
Focused Yet Mixed Sector Exposure
While financials dominate the portfolio, the ETF also holds meaningful stakes in industrials, real estate, and several other sectors, offering some diversification across the Singapore economy.
Negative Factors
High Concentration in Financials
More than half of the fund is invested in financial companies, which means performance is heavily tied to the health of the banking sector.
Single-Country Risk
The ETF is overwhelmingly focused on Singapore, so investors are highly exposed to economic and market conditions in just one country.
Notable Underperforming Holdings
Some top positions, such as Sea and Grab, have shown weak performance this year, which can drag on the fund’s overall returns.
EWS vs. SPDR S&P 500 ETF (SPY)
AUM1.06B
RegionAsia-Pacific
Expense Ratio0.50%
Beta0.68
IssueriShares
Inception DateMar 12, 1996
Dividend Yield3.65%
Asset ClassEquity
Index TrackedMSCI Singapore 25-50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,046,766
30 Day Avg. Volume957,324
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
35.57Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EWS Summary
EWS is the iShares MSCI Singapore ETF, which follows the MSCI Singapore 25-50 Index and gives you broad exposure to Singapore’s stock market. It mainly holds financial, industrial, and real estate companies, including well-known names like DBS Group Holdings and Singapore Airlines. Investors might consider EWS to diversify internationally and tap into the growth of Singapore as a major financial hub in Southeast Asia. A key risk is that the fund is heavily tied to Singapore’s economy and financial sector, so its value can rise or fall sharply with local market conditions.
How much will it cost me?The iShares MSCI Singapore ETF (EWS) has an expense ratio of 0.5%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than average because it is passively managed but focuses on a specific international market, which can involve higher costs compared to broad U.S.-focused ETFs.
What would affect this ETF?The iShares MSCI Singapore ETF (EWS) could benefit from Singapore's strong financial sector and its role as a key economic hub in Asia, especially if regional growth accelerates or global trade improves. However, challenges such as rising interest rates could impact financial stocks, and global economic slowdowns or regulatory changes in Singapore might negatively affect its diverse sector exposure. The ETF's reliance on top holdings like DBS Group and Sea also means their performance will significantly influence overall returns.
EWS Top 10 Holdings
This Singapore-focused ETF leans heavily on its big three banks, with DBS and OCBC doing most of the heavy lifting as their rising share prices and solid profitability set the tone for the fund. UOB adds steady support, keeping the financial core firm. Outside finance, Singapore Airlines has been climbing, giving a lift from the travel and industrial side, while Sea has been more mixed, with earlier weakness still holding back its overall contribution. With nearly all exposure in Singapore and a clear tilt toward financials, this fund is a concentrated bet on the city-state’s banking engine.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| DBS Group Holdings | 23.71% | $251.22M | S$213.13B | 60.46% | 78 Outperform | |
| OCBC | 21.86% | $231.60M | S$133.84B | 63.73% | 71 Outperform | |
| Sea | 4.83% | $51.20M | $66.37B | -32.18% | 69 Neutral | |
| UOB | 4.64% | $49.15M | S$72.43B | 24.34% | 65 Neutral | |
| SIA - Singapore Airlines | 4.53% | $48.04M | S$23.69B | 8.68% | 70 Outperform | |
| Keppel Corporation Limited | 4.48% | $47.48M | S$21.02B | 35.54% | 71 Outperform | |
| CapitaLand Ascendas REIT | 4.12% | $43.67M | S$12.23B | -8.34% | 63 Neutral | |
| Wilmar International | 4.00% | $42.34M | S$24.35B | 39.48% | 69 Neutral | |
| Yangzijiang Shipbuilding (Holdings) | 3.92% | $41.56M | S$15.37B | 44.68% | 79 Outperform | |
| ST Engineering | 3.86% | $40.92M | S$33.41B | 23.18% | 70 Outperform |
EWS Technical Analysis
Positive
―
Price Trends
30.15
Positive
29.08
Positive
28.23
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EWS, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 31.62, equal to the 50-day MA of 30.15, and equal to the 200-day MA of 28.23, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EWS.
EWS Peer Comparison
Comparison Results
Performance Comparison
EWS
iShares MSCI Singapore ETF
32.28
6.44
24.92%
DXJ
WisdomTree Japan Hedged Equity Fund
―
―
―
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
―
―
―
INDA
iShares MSCI India ETF
―
―
―
MCHI
iShares MSCI China ETF
―
―
―
FLJP
Franklin FTSE Japan 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.
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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