EWI
iShares MSCI Italy ETF
iShares MSCI Italy Index Fund objective seeks to provide investment results that correspond to the performance of the Italian market, as measured by the MSCI Italy Index. The Fund invests in a
International
EQUITY
Passive
MANAGEMENT STYLE
$ 659.3 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Inception date | Mar 12, 1996 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| UNICREDIT S.P.A. | 16.2 % |
| INTESA SANPAOLO S.P.A. | 13.3 % |
| ENEL SPA | 12.6 % |
| PRYSMIAN SPA | 6.3 % |
| ENI SPA | 5.4 % |
| ASSICURAZIONI GENERALI | 4.7 % |
| LEONARDO SPA | 4.0 % |
| FERRARI NV | 3.9 % |
| BANCA POPOL EMILIA ROMAGNA | 3.7 % |
| BANCA MONTE DEI PASCHI DI SIENA SP | 3.1 % |
Constituent Breakdown
| Number of holdings | 26 |
| Herfindahl-Hirschman Index | 804 |
| Wgt avg mkt cap (mns) | $67,204 |
| Large cap (>$10bn) | 92.7% |
| Mid cap ($2-10bn) | 4.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
ITALY | 94.4 % |
 |
BRITAIN | 2.5 % |
 |
LUXEMBOURG | 2.0 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.3% | 30.6% | 25.7% | 22.2% | 12.8% | 8.6% | -0.1% | 2.6% |
| Dividend Yield | 0.0% | 4.0% | 4.4% | 4.4% | 4.1% | 3.7% | 3.3% | 4.3% |
| Total Returns | 6.3% | 34.7% | 30.2% | 26.6% | 16.9% | 12.3% | 3.2% | 6.8% | Ann. Volatility | 22.2% | 17.0% | 19.3% | 18.2% | 21.0% | 23.2% | 28.2% | 26.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.86 | 40% |
| MSCI EAFE | 1.02 | 76% |
| MSCI Emg Mkts | 0.62 | 45% |
Liquidity Measures
| Avg. volume (000) | 403 |
| ADV traded (mns) | $24 |
| Turnover | 3.6% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $57.70 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.53/0.64 |
| Bollinger Bands (Upper/Lower) | $59.94/$56.43 |
| Short interest (% of AUM) | 5.8% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EWI |
Expenses vs. EWI |
ALTAR Score™ vs. EWI |
|---|---|---|---|---|
| JIVE | JPMorgan International Value ETF | 56.3% | +5 bp | -6.7% |
| EFAS | Global X MSCI SuperDividend EAFE ETF | 11.0% | +7 bp | -7.7% |
| EUFN | iShares MSCI Europe Financials ETF | 10.2% | +1 bp | -7.4% |
Risk and Returns: EWI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/27/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
15.5%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 415 funds in the International Equity category with an average
ALTAR Score™ of 6.1% and a standard deviation
of 1.5%. EWI's ALTAR Score™ is approximately 6.2 standard
deviations above the category average. This places EWI in the 99th percentile
among funds in the category.
Sell-Side Consensus
$
PRICE TARGET
-100.0%
UPSIDE