iShares MSCI Italy ETF (EWI)
| Assets | $371.34M |
| Expense Ratio | 0.50% |
| PE Ratio | 10.32 |
| Shares Out | 10.13M |
| Dividend (ttm) | $1.33 |
| Dividend Yield | 3.66% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 37.81% |
| 1-Year Return | +11.15% |
| Volume | 362,308 |
| Open | 36.14 |
| Previous Close | 36.32 |
| Day's Range | 35.90 - 36.23 |
| 52-Week Low | 32.23 |
| 52-Week High | 39.63 |
| Beta | 1.10 |
| Holdings | 31 |
| Inception Date | Mar 12, 1996 |
About EWI
Fund Home PageThe iShares MSCI Italy ETF (EWI) is an exchange-traded fund that is based on the MSCI Italy 25-50 index, a market-cap-weighted index of Italian companies excluding small-caps EWI was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
70.00% of assets| Name | Symbol | Weight |
|---|---|---|
| UniCredit S.p.A. | UCG | 12.23% |
| Enel SpA | ENEL | 11.53% |
| Intesa Sanpaolo S.p.A. | ISP | 11.37% |
| Ferrari N.V. | RACE | 10.80% |
| Assicurazioni Generali S.p.A. | G | 5.06% |
| Prysmian S.p.A. | PRY | 4.39% |
| Eni S.p.A. | ENI | 4.22% |
| Stellantis N.V. | STLAM | 3.81% |
| Terna S.p.A. | TRN | 3.36% |
| Leonardo S.p.a. | LDO | 3.23% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2024 | $0.906 | Jun 17, 2024 |
| Dec 20, 2023 | $0.419 | Dec 27, 2023 |
| Jun 7, 2023 | $0.734 | Jun 13, 2023 |
| Dec 13, 2022 | $0.416 | Dec 19, 2022 |
| Jun 9, 2022 | $0.816 | Jun 15, 2022 |
| Dec 13, 2021 | $0.452 | Dec 17, 2021 |
News
EWI: Another Trump Trade Alternative?
The iShares MSCI Italy ETF offers exposure to Italy's market, benefiting from potential cheaper energy if the Ukraine-Russia war ends. EWI's top sectors—financials, consumer cyclical, utilities, and i...
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...
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...
EWI: A Great Way To Visit Italy (From Your Portfolio)
iShares MSCI Italy ETF offers investors exposure to the Italian stock market through a diverse mix of mid and large-cap companies. The EWI ETF's portfolio includes industry giants like UniCredit, ENEL...
EWI: High Exposure To Cyclicals, And Low Exposure To Technology
EWI tracks MSCI Italy Index with lackluster returns. EWI has high exposure to cyclical sectors, but low exposure to technology sector. EWI's fund price has a high correlation to ECB's rate policy.
EWI: When In Rome, Proceed With Caution
EWI offers an attractive valuation and dividend yield but faces economic headwinds in Italy and many of its trading partners in the EU. Italy's ability to secure further EU recovery funding hinges on ...
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.
Unpleasant Italian Debt Arithmetic
A principal reason to brace ourselves for another round of the Italian debt crisis is that all of the factors that might allow that country to reduce its debt burden are now moving in the wrong direct...
EWI: The Headwinds Have Picked Up
Italian stocks have performed well this year and still remain undervalued compared to other European markets. We have concerns about the country's short- and medium-term growth prospects. Italy is hea...
EWI: Italian Stocks Are Positioned For Momentum
Key indicators suggest the iShares MSCI Italy ETF's surge near 45% year-over-year might continue. Regional risk premiums are among the best in Europe. The EWI ETF has a value-centric investment approa...
EWI: Sailing Through Near-Term Industrial Weakness In Italy
Italy's latest production data raised alarm bells. While some concern is warranted, resilience elsewhere in the economy, most notably services, provides some welcome offset. Despite this year's outper...
EWI: A Quality, Defensive Portfolio To Ride The Italian Momentum
The iShares MSCI Italy ETF is priced at a relative discount to its Euro peers despite the country's improving fundamentals. While the portfolio is concentrated, the quality and defensiveness of its si...
iShares MSCI Italy ETF: Nothing To Get Excited About
Italy's growth prospects are one of the weakest in Europe, and inflationary pressures are unlikely to dissipate anytime soon. Public finances remain under pressure, and instability within the ruling c...
EWI: Too Much Gas Fired Exposure And Discretionary Markets
EWI represents the largest Italian businesses, but the exposure of Italy to gas and reliance on discretionary markets is not to our taste. The new government is also not a fan of some of the fiscal st...
Will Italy Still Have ECB Support In Wake Of Elections?
The elections in Italy have shown that the far right has actually done very well. Markets have reacted with some spread widening.
Rates Spark: Bank Of England Vs. The Market
UK rates haven't had a chance to fully digest the Bank of England's statement yesterday. We think hike expectations will persist, but there are other areas where the BoE and Treasury can restore confi...
The Italy Crisis Explained
Italy is facing an existential crisis that threatens the fate of the entire European Union. The 2022 Italian Crisis is a toxic cocktail of excessive debt, poor demographics, and political instability.
EWI Gives Some Decent Financials And Utility Exposures
EWI gives exposure to the Italian economy, which means some solid exposures in financials and utilities. The bigger issues are in consumer discretionary where exposures to cars could be an issue in a ...
Europe's Italian Economic Problem
In Europe, the tide of very easy money is about to go out at the very time that the Italian economy has been swimming naked. With the ECB's music of easy money about to end, the Italian government fin...
Are European Housing Markets Getting Too Hot?
House price growth in the eurozone is at its highest since 2006 as housing markets were supported by a limited impact of the pandemic on household finances, rising savings, historically low-interest r...
Italian Economy Looks Set For Sustained Growth Through Remainder Of 2021 As Lockdown Measures Ease
Italy's private sector economy saw quicker output growth during July, according to the latest PMI data. With demand remaining strong, the slowdown primarily reflected ongoing supply-side issues, which...
Eurozone's Summer Growth Spurt And The Risks From The Delta Variant
The Eurozone's economy as measured by GDP expanded by 2% q/q in the second quarter, significantly faster than expected, indeed faster than the economies of the US and China. The most important driver ...
Karlsruhe We Have A Problem: A New Challenge To The EU Recovery Fund
Once again, the German Constitutional Court is at the root cause of potential market tension. Last Friday, the European flagship project demonstrating solidarity took a severe hit.
Is The Eurozone At Risk From Another Sovereign Debt Crisis?
Positive changes since the Global Financial Crisis include fewer excesses and imbalances, the ECB's asset purchase programs, and the creation of the ESM and RRF. However, following the COVID-19 shock,...