iShares MSCI Germany ETF (EWG)
| Assets | $863.29M |
| Expense Ratio | 0.50% |
| PE Ratio | 16.20 |
| Shares Out | 27.00M |
| Dividend (ttm) | $0.76 |
| Dividend Yield | 2.38% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 38.46% |
| 1-Year Return | +8.18% |
| Volume | 474,104 |
| Open | 31.65 |
| Previous Close | 31.95 |
| Day's Range | 31.65 - 32.20 |
| 52-Week Low | 28.28 |
| 52-Week High | 34.12 |
| Beta | 1.12 |
| Holdings | 61 |
| Inception Date | Mar 12, 1996 |
About EWG
Fund Home PageThe iShares MSCI Germany ETF (EWG) is an exchange-traded fund that is based on the MSCI Germany index. The fund tracks a market cap-weighted index of large- and mid-cap German companies. EWG was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
60.82% of assets| Name | Symbol | Weight |
|---|---|---|
| SAP SE | SAP | 17.05% |
| Siemens Aktiengesellschaft | SIE | 10.02% |
| Allianz SE | ALV | 8.00% |
| Deutsche Telekom AG | DTE | 7.11% |
| Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | MUV2 | 4.70% |
| Infineon Technologies AG | IFX | 2.94% |
| Deutsche Börse AG | DB1 | 2.90% |
| Mercedes-Benz Group AG | MBG | 2.76% |
| adidas AG | ADS | 2.68% |
| BASF SE | BAS | 2.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2024 | $0.75848 | Jun 17, 2024 |
| Dec 20, 2023 | $0.00153 | Dec 27, 2023 |
| Jun 7, 2023 | $0.75869 | Jun 13, 2023 |
| Dec 13, 2022 | $0.00864 | Dec 19, 2022 |
| Jun 9, 2022 | $0.79187 | Jun 15, 2022 |
| Dec 30, 2021 | $0.24727 | Jan 5, 2022 |
News
U.S., European Stocks Rise Despite Looming Risks
Investors in US stocks are clearly focusing on positive catalysts such as the potential for significant deregulation under the incoming Trump administration. We also saw stocks in Europe ignore fears ...
EWG: Facing Growth Challenges And May Exhibit Higher Volatility
EWG underperforms the S&P 500 due to a weak German economy and high exposure to cyclical sectors, resulting in higher volatility and downside risk. Germany's struggling economy, indicated by a composi...
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...
Cooling Of German Labor Market Continues In September
The gradual cooling of the German labour market continues, providing further arguments for the European Central Bank doves to put an October rate cut back on the table. Recruitment plans in both indus...
EWG: Germany's Structural Headwinds Persist
Germany faces chronic underinvestment, weak productivity, aging demographics, geopolitical tensions, and poor performance in key export markets like China. Analysts predict minimal economic growth for...
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...
EWG: Poised To Benefit From A Lower Interest Rate Environment
iShares MSCI Germany ETF launched in 1996 and has $1B in assets, tracking 56 large and mid-sized German companies. The fund has performed well on a trailing 1- year basis, and its industrials' exposur...
German Industrial Disappointment Continues
German industry disappointed in May, indicating that the entire economy could have fallen back into negative territory in the second quarter. Industrial production dropped by 2.5% month-on-month in Ma...
Inflation Slows Further As Economic Growth Wanes: Our Key Takeaways From The Eurozone Flash PMI
The deteriorating eurozone growth trend was led by France, which saw output fall for a second consecutive month and at the fastest rate for five months. Fueling the manufacturing downturn was a steepe...
EWG: The Unhedged Underperformer
EWG offers an easy way to gain exposure to the German stock market. US investors using dollar-denominated ETFs like EWG are experiencing significant underperformance due to currency effects. The inves...
Stronger Growth And Lower Inflation: Our Key Takeaways From The Eurozone Flash PMI
Business activity in the euro area rose for a third successive month in May, the rate of growth accelerating to a one-year-high. Price pressures cooled, with services sector inflation - the recent sti...
EWG: Not The Right Time, And Better Options
Germany is likely in a recession, making it not worth investing in equities there yet. The iShares MSCI Germany ETF provides diversified exposure to the German market but has a high expense ratio.
Eurozone Flash PMI Shows Economy Close To Stabilising In March, Price Pressures Ease
Business activity in the euro area came close to stabilising in March, as provisional PMI® survey data registered only a marginal decline in output of goods and services.
German Industrial Production Plunges Again
Industrial production plunged again, ending the year 2023 at some 10% below pre-pandemic levels, but we are seeing the very first signs of light at the end of a long tunnel. The sharp drop in both exp...
EWG: Passing On Germany
Germany has structural economic issues, and EWG's exposures have quite a lot of explicit German sales. Germany's woes affect ECB policy, which will likely remain restrictive having an outsized impact ...
The German DAX Has Hit An All-Time High In December And This Is Why
The German DAX Has Hit An All-Time High In December And This Is Why
G7 ETFs rise in global stock-market rally as S&P 500 approaches all-time high
Stocks in the group of wealthy democracies known as the G7 are up in 2023, with exchange-traded funds tracking those regions climbing last week amid a broader recent rally in equities globally.
There Could Be A Simple Explanation For The Dax Moonshot Move
The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases. The surface reason for this division is that the vas...
EWG: Germany Is Caught In A Perfect Storm
Germany is facing numerous economic headwinds. Without adapting to a new global economic landscape and resolving structural issues, Germany may underperform chronically for years to come. While it's n...
Germany's Economic Health Check Shows Further Signs Of Weakness
The debate over whether Germany is emerging as the 'sick man of Europe' again has picked up steam once again over the summer. In our view, the answer is a resounding yes.
EWG: EU's Chinese EV Probe Should Signal A Need To Brace For Retaliatory Impact
Germany's economy is set to contract this year, with risks ahead, such as emerging EU-China tensions and potential energy price shocks, depending on the weather. The Chinese market could close to Germ...
German Industrial Production Goes From Bad To Worse
German industrial production continues to decline, with a 0.8% drop in July and a 2.1% drop for the year. Energy-intensive sectors saw a decrease of 0.6% in July and are down over 11% for the year.
EWG: Challenges Loom Amid Economic Headwinds And Lack Of Potential
iShares MSCI Germany ETF offers concentrated access to the German market with a focus on large-cap to mid-cap companies. Risks associated with investing in German markets include inflation, potential ...