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iShares MSCI Spain ETF

EWP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 12 1996
Expense Ratio
0.50%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$13,778,217
AUM
$656,839,738
Associated Index
MSCI Spain 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

IBE
Iberdrola S.A.
17.73%
SAN
Banco Santander S.A.
14.95%
BBVA
Banco Bilbao Vizcaya Argentaria.
11.76%
TEF
Telefonica S.A
4.89%
REP
Repsol S.A
4.86%
CLNX
Cellnex Telecom S.A.
4.55%
ITX
Industria De Diseno Textil SA
4.51%
FER
Ferrovial S.E.
4.50%
AMS
Amadeus IT Group S.A.
4.36%
CABK
CaixaBank, S.A
4.23%
Invest with EWP

What is EWP?

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

ETFs related toEWP

ETFs correlated to EWP include EWI, EZU, EUFN

EWP
BlackRock Institutional Trust Company N.A. - iShares MSCI Spain ETF
EWI
BlackRock Institutional Trust Company N.A. - iShares MSCI Italy ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
EUFN
BlackRock Institutional Trust Company N.A. - iShares MSCI Europe Financials ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
EWQ
BlackRock Institutional Trust Company N.A. - iShares MSCI France 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 toEWP

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with EWP using Composer

FAQ

EWP is a Global Ex. US Equities ETF. The iShares MSCI Spain ETF Fund seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Spanish market as measured by the MSCI Spain 25/50 Index.

EWP tracks the MSCI Spain 25/50 Index.

No, EWP 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, EWP 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 EWP is -0.0076%. This is the percent change in the value of EWP over the most recent 1-month period. The 3-month return on EWP is -0.0097%. This is the percent change in the value of EWP over the most recent 3-month period.

The standard deviation of EWP for the past year is 0.2044%. 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 EWP include EWZ, EWW, and EWT.

ETFs correlated to EWP include EWI, EZU, and EUFN.

ETFs that are inversely correlated to EWP include EPV, EFZ, and FAZ.

Disclaimers

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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.