EWS - ETF AI Analysis

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iShares MSCI Singapore ETF (EWS)

Rating:71Outperform

Price Target:―

EWS, the iShares MSCI Singapore ETF, has a solid overall rating driven mainly by its large positions in DBS Group Holdings and Singapore Exchange, both of which show strong financial performance, positive outlooks, and supportive technical trends. These strengths are complemented by other quality names like Yangzijiang Shipbuilding, though some holdings such as CapitaLand Ascendas REIT and UOB face bearish technical signals and weaker revenue trends that slightly weigh on the fund. A key risk is the ETF’s heavy concentration in a few major Singapore financial and local market names, which can increase sensitivity to sector- or country-specific downturns.

Positive Factors

Solid Year-To-Date Performance

The ETF has delivered a modest positive return so far this year, showing generally steady progress for investors.

Strong Core Singapore Holdings

Several major Singapore-based holdings, including leading banks and industrial names, have shown strong gains, helping support the fund’s overall performance.

Meaningful Sector Diversification Within Singapore

Exposure across financials, industrials, consumer sectors, real estate, and other industries helps reduce the impact if any single sector in Singapore weakens.

Negative Factors

High Concentration in a Few Stocks

A large portion of the fund is invested in just a handful of companies, so performance is heavily influenced by how those specific stocks behave.

Notable Weakness in a Major Holding

One of the largest positions, Sea, has shown weak performance this year, which can drag on the ETF’s overall returns.

Relatively High Expense Ratio

The fund’s ongoing fee is on the higher side for an ETF, which slightly reduces the net return that investors keep over time.

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

AUM789.55M

RegionAsia-Pacific

Expense Ratio0.50%

Beta0.66

IssueriShares

Inception DateMar 12, 1996

Dividend Yield3.88%

Asset ClassEquity

Index TrackedMSCI Singapore 25-50

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume695,333

30 Day Avg. Volume843,496

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

33.61

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering16

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

EWS Summary

The iShares MSCI Singapore ETF (EWS) is a fund that follows the MSCI Singapore 25-50 Index, giving you broad exposure to companies based in Singapore, a major financial hub in Southeast Asia. It holds many types of businesses, with a big focus on banks and industrial firms. Well-known holdings include DBS Group Holdings and Sea Limited. Someone might invest in EWS to diversify internationally and tap into the growth of Singapore’s economy in a single, easy investment. A key risk is that the fund is heavily tied to Singapore’s market, so its value can rise or fall with that country’s economy and stock market.

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 banks, with DBS, OCBC, and UOB acting as the main engines of performance thanks to their rising share prices and solid earnings. Industrial name ST Engineering and shipbuilder Yangzijiang are also pulling their weight, adding some extra lift from the industrial side. On the flip side, tech and e-commerce player Sea has been lagging, acting like a brake on returns, while Singapore Exchange has been softer too. Overall, the fund is concentrated in Singapore financials and industrials, with virtually all exposure tied to the local market.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
D05	DBS Group Holdings	22.93%	$180.78M	S$161.48B	34.12%	78 Outperform
SE	Sea	14.71%	$115.98M	$66.77B	-9.89%	69 Neutral
BN4	Keppel Corporation Limited	5.64%	$44.46M	―	89.87%	71 Outperform
S63	ST Engineering	5.51%	$43.45M	S$31.35B	111.14%	70 Outperform
O39	OCBC	5.16%	$40.71M	S$94.87B	35.71%	71 Outperform
U11	UOB	5.06%	$39.88M	S$63.45B	3.83%	65 Neutral
BS6	Yangzijiang Shipbuilding (Holdings)	4.79%	$37.72M	S$13.71B	17.20%	79 Outperform
F34	Wilmar International	4.76%	$37.51M	S$22.10B	12.28%	69 Neutral
Z74	Singtel	4.72%	$37.20M	S$79.88B	64.22%	70 Outperform
C6L	SIA - Singapore Airlines	4.67%	$36.80M	S$22.03B	11.87%	70 Outperform

EWS Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

28.05

Positive

100DMA

27.87

Positive

200DMA

26.97

Positive

Market Momentum

MACD

0.24

Negative

RSI

66.57

Neutral

STOCH

85.16

Negative

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 28.60, equal to the 50-day MA of 28.05, and equal to the 200-day MA of 26.97, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 66.57 is Neutral, neither overbought nor oversold. The STOCH value of 85.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EWS.

EWS Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
EWS	―	―	$789.55M	0.50%	―
EWH	―	―	$757.94M	0.50%	―
DBJP	―	―	$597.42M	0.45%	―
FJP	―	―	$250.02M	0.80%	―
OPPJ	―	―	$223.39M	0.58%	―
GIND	―	―	$163.47M	0.75%	―

Performance Comparison

EWS

iShares MSCI Singapore ETF

29.43

6.93

30.80%

EWH

iShares MSCI Hong Kong ETF

―

DBJP

Xtrackers MSCI Japan Hedged Equity ETF

―

FJP

First Trust Japan AlphaDEX Fund

―

OPPJ

WisdomTree Japan Opportunities Fund

―

GIND

Goldman Sachs India Equity 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: ―

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