Snapshot*
Top 10 Holdings
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, EWI, AVIV
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
Copy the Dragon Portfolio
Follow the Global Trend
Create your own algorithmic trading strategy with EWO using Composer
News Related to EWO
Vienna Police Said Austrian Domestic Intelligence Has Information That An Islamist-Motivated Attack Is Planned In Vienna; Security Is Being Tightened At Sensitive Locations In Vienna
Mar 15, 2023 • by Charles GrossAustria's First Case of Monkeypox Confirmed, Vienna Health Authority Says
May 22, 2022 • by Charles GrossAustria to Start Lifting its Lockdown on Shops on April 14th Public Gathering to be Banned Until June
Apr 6, 2020 • by Charles GrossAll Train Traffic between Austria and Italy has been Suspended Due to Coronavirus Concerns
Feb 23, 2020 • by Charles GrossFAQ
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.