Key stats
About iShares Inc iShares MSCI Italy ETF
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Inception date
Mar 12, 1996
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EWI offers a small but comprehensive basket of large- and midcap Italian stocks. Its exclusion of small-caps gives the fund a tilt toward larger firms, including utilities giant Enel, but this exposure is pared back by regulated investment companies (RIC) limits under the current US Internal Revenue Code. This caps a single issuer at 25% of the index weight, and all issuers with weights above 5% do not cumulatively exceed 50% of the index. Keep in mind that Italian markets close just a few hours after the US markets, so short-term premiums or discounts to NAV may simply reflect price discovery by the fund. The fund may also invest up to 10% of its assets in futures, options and swap contracts. The index is rebalanced quarterly starting each February.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Consumer Durables
Stocks99.66%
Finance45.60%
Utilities16.54%
Consumer Durables11.98%
Electronic Technology4.72%
Energy Minerals4.54%
Consumer Non-Durables4.21%
Producer Manufacturing3.56%
Communications2.98%
Health Technology2.72%
Non-Energy Minerals1.70%
Commercial Services1.09%
Bonds, Cash & Other0.34%
Cash0.34%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EWI invests in stocks. The fund's major sectors are Finance, with 45.60% stocks, and Utilities, with 16.54% of the basket. The assets are mostly located in the Europe region.
EWI top holdings are UniCredit S.p.A. and Intesa Sanpaolo S.p.A., occupying 13.37% and 12.22% of the portfolio correspondingly.
EWI last dividends amounted to 0.56 USD. Six months before that, the issuer paid 0.91 USD in dividends, which shows a 62.07% decrease.
EWI assets under management is 494.72 M USD. It's risen 24.47% over the last month.
EWI fund flows account for −44.13 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EWI pays dividends to its holders with the dividend yield of 3.06%. The last dividend (Dec 20, 2024) amounted to 0.56 USD. The dividends are paid semi-annually.
EWI shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 12, 1996, and its management style is Passive.
EWI expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
EWI follows the MSCI Italy 25-50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EWI invests in stocks.
EWI price has risen by 6.29% over the last month, and its yearly performance shows a 24.11% increase. See more dynamics on EWI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.77% over the last month, showed a 11.93% increase in three-month performance and has increased by 29.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.77% over the last month, showed a 11.93% increase in three-month performance and has increased by 29.44% in a year.
EWI trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.