iShares MSCI Australia ETF (EWA)
| Assets | $1.46B |
| Expense Ratio | 0.50% |
| PE Ratio | 15.41 |
| Shares Out | 55.60M |
| Dividend (ttm) | $0.96 |
| Dividend Yield | 3.68% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 56.44% |
| 1-Year Return | +16.97% |
| Volume | 991,717 |
| Open | 25.96 |
| Previous Close | 26.14 |
| Day's Range | 25.80 - 26.00 |
| 52-Week Low | 22.15 |
| 52-Week High | 27.23 |
| Beta | 1.12 |
| Holdings | 63 |
| Inception Date | Mar 12, 1996 |
About EWA
Fund Home PageThe iShares MSCI Australia ETF (EWA) is an exchange-traded fund that is based on the MSCI Australia index, a market-cap-weighted index of Australian stocks. EWA was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
60.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Commonwealth Bank of Australia | CBA | 13.12% |
| BHP Group Limited | BHP | 10.27% |
| CSL Limited | CSL | 6.76% |
| National Australia Bank Limited | NAB | 6.13% |
| Westpac Banking Corporation | WBC | 5.78% |
| ANZ Group Holdings Limited | ANZ | 4.93% |
| Macquarie Group Limited | MQG | 4.21% |
| Wesfarmers Limited | WES | 4.03% |
| Goodman Group | GMG | 3.24% |
| Woodside Energy Group Ltd | WDS | 2.30% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2024 | $0.469 | Jun 17, 2024 |
| Dec 20, 2023 | $0.488 | Dec 27, 2023 |
| Jun 7, 2023 | $0.417 | Jun 13, 2023 |
| Dec 13, 2022 | $0.430 | Dec 19, 2022 |
| Jun 9, 2022 | $0.743 | Jun 15, 2022 |
| Dec 30, 2021 | $0.219 | Jan 5, 2022 |
News
EWA: Downshifting Australia To Neutral Heading Into 2025 (Rating Downgrade)
Australian stocks have done well in 2024, although they have not kept pace with the S&P 500. I see some positives "down under", including a rising labor force participation rate and growing wages. How...
Australian Futures Gain After Rise in U.S. Markets
Australian shares are poised to rise on Wednesday, with futures showing a nearly 0.2% gain.
Australia, A Tech Hub? Crikey!
While California and Scandinavia tend to get top billing in tech, the Land Down Under now boasts one of the fastest-growing software and fintech hubs in the world. Australia's tech industry, which exp...
China Outperforms The Rest Of The World
Shanghai CSI 300 has gone from a 52-week low to a 52-week high in only a couple of weeks. Other than China and Hong Kong, Australia is the only other international market starting the week at a 52-wee...
Australia Equity - What Is A Lower Dividend Yield Telling Us?
Australia has long been recognised for having the highest average dividend yield among global markets. However, this yield has been on a downward trend since 2022.
Highest And Lowest Country ETF Dividend Yields
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage poin...
EWA: Growth Outlook Not Bright In Australia
iShares MSCI Australia ETF has underperformed, with a 0% price return over the past 3 years and a total return of only 15.7%. EWA's high exposure to the materials sector and low exposure to technology...
EWA: The Case For Australia Grows
iShares MSCI Australia ETF provides targeted exposure to the Australian equities market, with a focus on large- and mid-cap companies. The EWA fund's top holdings include BHP Group, Commonwealth Bank ...
EWA: Anemic Growth And Inflation Challenges Warrant Caution
EWA offers exposure to Australian large- and mid-caps, with a tilt toward financials and materials, resulting in a more comfortable P/E than that of the S&P 500. The issue is that Australia's economic...
Australia: GDP Growth Slows Further
First quarter 2024 GDP growth slowed to just 0.1% QoQ. This brings the annual growth rate down from 1.5% to 1.1%.
EWA: Not Ready To Hop Down Under Just Yet
The iShares MSCI Australia ETF offers exposure to the Australian equities market across 73 holdings, concentrated in the financials and basic materials sectors. Australia's growing strategic significa...
Australian Employment Surges In February
February's employment showed a large rise, driven by a hefty increase in full-time jobs and a sharp fall in the unemployment rate to 3.7%.
EWA: I See Some Value 'Down Under' In 2024 (Rating Upgrade)
I am upgrading my outlook on the iShares MSCI Australia ETF to "buy" for a number of reasons. Gains in US markets are becoming increasingly concentrated in a few stocks, leading me to look for opportu...
EWA: Don't Want The Banks
iShares MSCI Australia ETF is rather above average in terms of expense ratios. Moreover, markets seem to broadly apply steep multiples to non-mining exposures in Australia, particularly financials. Si...
What's The Argument For Looking Outside The U.S. In 2024?
US equities have been dominated by a handful of stocks, highlighting the need for diversification. US stocks and bonds have been positively correlated, making it challenging to hedge equity risks.
Australia: 3Q23 GDP Growth Softens
Weaker GDP growth in Australia may indicate that the Reserve Bank of Australia (RBA) is done hiking rates. Trade data suggests that the GDP growth figure for Q3 2023 will not meet expectations.
EWA: Extended Monetary Tightening Looms Large In Australia
Australian stocks have underperformed this year. Unlike its developed market peers, however, Australia's rate hike cycle is far from over. Ahead of a challenging year ahead, market pricing seems far t...
Australian Economic Growth Moderates Due To Tighter Monetary Policy
Australian economic growth momentum has softened during 2023 due to the cumulative impact of monetary policy tightening since May 2022. The Judo Bank Flash Australia Composite PMI Output Index for Oct...
Australia Inflation: Too High To Ignore
Australian Consumer Price Index (CPI) surprises with higher-than-expected inflation, potentially leading to a restart of the Reserve Bank of Australia's hiking cycle. RBA projections for inflation may...
Australia: Inflation Back On The Rise
While this is mostly down to less helpful base effects, international energy prices and excise duty hikes, it is not safe to conclude that the RBA rate cycle has peaked. At 5.2% YoY, the August inflat...
Australia: GDP Holding Up Better Than Expected
2Q23 GDP was stronger than expected, and revisions to past data also show the economy has slowed less than was previously assumed. The quarter-on-quarter growth was also a bit stronger at 0.4% (ING f ...
The Rugby World Cup starts this week. But who would be the investment winners?
The Rugby Union World Cup starts in France on September 8. Prepare for several weeks of sweaty scrums, rambunctious rucks and muscular mauls.
Australia: Rate Hike Forecast Is Hanging By A Thread
The headline inflation rate has now fallen below 5% which will encourage thoughts that the RBA tightening cycle has peaked. We did see the housing component rise by 1.3% over the previous month, up fr...