EWAiShares MSCI Australia ETF
EWA Fund Description
The iShares MSCI Australia ETF tracks a market-cap-weighted index of Australian stocks. It captures 85% of the publicly available market, excluding most small-caps.
EWA Factset Analytics Insight
The iShares MSCI Australia ETF tracks a market-cap-weighted index of Australian stocks. It captures 85% of the publicly available market, excluding most small-caps. While its biases against our benchmark are small, it does tilt large due to the fact that it excludes about 150 of our benchmark's smaller companies from its selection universe. Still, EWA does a great job of capturing the space. It trades well with significant daily trading volume and low spreads, and its block liquidity score is perfect. EWA typically engages in securities lending, which brings revenues to the fund, at the cost of slight counterparty risk. It charges a middling fee in context, but tracking has historically been excellent and its true holding costs are often lower than the headline fee, which, combined with solid liquidity and coverage, is why it is our Analyst Pick.
EWA MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 20, 2018 the iShares MSCI Australia ETF MSCI ESG Fund Quality Score is 6.92 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. EWA ranks in the 98th percentile within its peer group and in the 92nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
EWA CHARTS AND PERFORMANCE
EWA Top 10 Countries
EWA Top 10 Sectors
EWA Top 10 Holdings [View All]
EWA Portfolio Management
EWA Tax Exposures
EWA Fund Structure
EWA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EWA. EWA is rated a 5 out of 5.
EWA Sector/Industry Breakdown
EWA TOP 10 HOLDINGS[View All]
EWA Economic Development
EWA Performance Statistics
EWA MSCI ESG Ratings
EWA BENCHMARK COMPARISON SUMMARY
EWA BENCHMARK COMPARISON MARKET CAP SIZE