EWPiShares MSCI Spain ETF
EWP Fund Description
EWP tracks a market-cap-weighted index of Spanish companies. It covers the top 85% of Spanish companies by market cap.
EWP Factset Analytics Insight
EWP is the first ETF that offers plain-vanilla exposure to the Spanish equity market. The concentrated fund is consists of large- and midcap companies, selected and weighted by market cap which resulted in a top-heavy portfolio. The underlying index aims to meet the Regulated Investment Company (RIC) requirements by utilizing a capping methodology so that no individual constituent exceeds 25% of index weight and the aggregate weight of constituents with over 5% weight in the index are capped at 50% weight of the portfolio. Overall, EWP effectively delivers representative, accessible exposure to the Spanish equity market. The index rebalancing occurs on a quarterly basis.
EWP MSCI ESG Analytics Insight
iShares MSCI Spain ETF has an MSCI ESG Fund Rating of AA based on a score of 7.45 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 Spain ETF ranks in the 88th percentile within its peer group and in the 33th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EWP 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.
EWP Portfolio Data
EWP Index Data
EWP Portfolio Management
EWP Tax Exposures
EWP Fund Structure
EWP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EWP. EWP is rated a 5 out of 5.
EWP Sector/Industry Breakdown
EWP Top 10 Holdings[View All]
EWP Economic Development
EWP Performance Statistics
EWP MSCI ESG Ratings
EWP Benchmark Comparison Summary
EWP Benchmark Comparison Market Cap Size