EWKiShares MSCI Belgium ETF
EWK Fund Description
EWK tracks a market-cap weighted index of Belgian securities subject to RIC constraints.
EWK Factset Analytics Insight
EWK covers the all cap space of the Belgium market. No ETF can fully replicate the Belgian market due to RIC diversification rules. The colossal Anheuser-Busch InBev represents over half of the Belgian market, but RIC rules force funds to cap exposure to a single constituent at 25%. Therefore, EWK is forced to underweight Anheuser-Busch InBev to about a quarter of the total portfolio, and each sector outside consumer cyclicals is consistently over-weighted by a few percentage points. Specifically the constraints includes that the sum of the weights of all issuers representing more than 5% of the index should not exceed 50%. The index is rebalanced quarterly.
EWK MSCI ESG Analytics Insight
iShares MSCI Belgium ETF has an MSCI ESG Fund Rating of AA based on a score of 8.34 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. iShares MSCI Belgium ETF ranks in the 90th percentile within its peer group and in the 45th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EWK MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
EWK Portfolio Data
EWK Index Data
EWK Portfolio Management
EWK Tax Exposures
EWK Fund Structure
EWK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EWK. EWK is rated a 3 out of 5.
EWK Sector/Industry Breakdown
EWK Top 10 Holdings[View All]
EWK Economic Development
EWK Performance Statistics
EWK MSCI ESG Ratings
EWK Benchmark Comparison Summary
EWK Benchmark Comparison Market Cap Size