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ETFs

iShares MSCI Austria ETF

EWO
$--
Today’s Change
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Snapshot
*

Inception Date
Mar 12 1996
Expense Ratio
0.50%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$288,048
AUM
$45,873,433
Associated Index
MSCI Austria IMI 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

EBS
ERSTE GROUP BANK AG
20.08%
OMV
OMV AG
11.82%
VER
VERBUND AG
10.41%
ANDR
ANDRITZ AG
5.14%
WIE
WIENERBERGER AG
4.60%
VOE
VOESTALPINE AG
4.47%
RBI
RAIFFEISEN BANK INTERNATIONA
4.09%
BG
BAWAG GROUP AG
3.77%
POST
OESTERREICHISCHE POST AG
3.40%
CAI
CA IMMOBILIEN ANLAGEN AG
3.26%
Invest with EWO

What is EWO?

The iShares MSCI Austria ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Austrian market as represented by the MSCI Austria IMI 25/50 Index.

ETFs related toEWO

ETFs correlated to EWO include FEP, FDD, PXF

EWO
BlackRock Institutional Trust Company N.A. - iShares MSCI Austria ETF
FEP
First Trust Exchange-Traded Fund III - First Trust Europe AlphaDEX Fund
FDD
First Trust Exchange-Traded Fund III - First Trust STOXX European Select Dividend Income Fund
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
EUFN
BlackRock Institutional Trust Company N.A. - iShares MSCI Europe Financials ETF
DFE
WisdomTree Trust - WisdomTree Europe SmallCap Dividend Fund
DISV
Dimensional ETF Trust - Dimensional International Small Cap Value ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEWO

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with EWO using Composer

FAQ

EWO is a Global Ex. US Equities ETF. The iShares MSCI Austria ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Austrian market as represented by the MSCI Austria IMI 25/50 Index.

EWO tracks the MSCI Austria IMI 25/50 Index.

No, EWO is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EWO is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EWO is -0.062%. This is the percent change in the value of EWO over the most recent 1-month period. The 3-month return on EWO is 0.0841%. This is the percent change in the value of EWO over the most recent 3-month period.

The standard deviation of EWO for the past year is 0.2833%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EWO include EWJ, EWZ, and EWT.

ETFs correlated to EWO include FEP, FDD, and PXF.

ETFs that are inversely correlated to EWO include EPV, EFZ, and SKF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.