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Launched · SEC filings

iShares MSCI Australia ETF

EWANYSE ArcaiSharesB

$29.43−0.11 (−0.37%)

At close: Nov 2, 2026, 4:00 PM ET

B66/ 100

Rank 8 of 38 in Developed Single Country

B66/100Rank 8 of 38inDeveloped Single Country
Intraday session: down, 79 prints from 29.54 to 29.43. Range 29.41 to 29.58. Use the arrow keys to read each point.29.4029.4529.5010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$1.25B
1Y total return
+13.8%
Yield · Last 12 months
2.87%
Holdings
47
Avg volume · 30D
2.41M sh
52W range
low $24.94high $30.48
Launched
Filings
SEC EDGAR

The ETF.net EWA Grade

B

Score 66 out of 100

Category
Developed Single Country⁠
Rank
8 of 38
Six-pillar profile for EWA. Scores out of 100: Cost 55, Risk 49, Mission 82, Tradability 92, Holdings 46, Durability 76. Strongest: Tradability (92). Weakest: Holdings (46). Leans toward Tradability.

Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B55 out of 100
    Rank 10 of 38

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A82 out of 100
    Rank 6 of 35

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C49 out of 100
    Rank 18 of 38

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A92 out of 100
    Rank 2 of 38

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 23 of 36

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A76 out of 100
    Rank 5 of 38

Our read on EWA

ETF.net Research

In short

BTrading since 1996, EWA is the veteran way to own Australia from a US brokerage account: roughly 50 of the market's biggest listed names, tracking the MSCI Australia Index, in one ticker.

Stated mandate

The fund seeks to track an index of Australian equities, providing targeted exposure to companies in Australia.

Why people hold it

  • Live since 1996, so its record spans multiple market cycles rather than one lucky stretch.
  • Sticks closely to the MSCI Australia Index it promises, one of the tighter mandate deliveries among developed single-country funds.
  • A multi-billion-dollar fund that changes hands actively every day, unlike the thin end of the country-ETF shelf.
  • At 0.50% a year, it sits right at the going rate for developed single-country funds.

Worth knowing

  • Cheaper Australia exposure exists: Franklin's FLAU charges 0.09% for the same country, using a FTSE index instead of MSCI.
  • One country, about 50 stocks. Concentration cuts both ways, and the ride is bumpier than a globally diversified fund.
  • Distributions land annually or semiannually, not monthly, so income arrives in lumps.

EWA Holdings

Holdings pillarC46 out of 100Rank 23 of 36 in Developed Single Country
Asset class
Stocks
Holdings
47
Top-10 weight
66%
Largest holding
BHP.AX14.3%

Sectors

  • Financials42.3%
  • Materials23.4%
  • Consumer Discretionary6.6%
  • Health Care5.9%
  • Industrials5.3%
  • Energy4.5%
  • Consumer Staples4.0%
  • Real Estate4.0%
  • Utilities1.8%
  • Communication1.3%
  • Technology0.9%

Geography

  • Australia100.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1BHP.AXBhp Group Ltd14.33%4,440,422$180M154
2CBA.AXCommonwealth Bank of Australia13.67%1,462,368$172M116
3NAB.AXNational Australia Bank6.34%2,724,146$79.6M114
4WBC.AXWestpac Banking Corporation6.17%2,988,864$77.4M119
5ANZ.AXAnz Group Holdings Ltd6.03%2,635,489$75.7M117
6CSL.AXCsl4.71%418,502$59.1M122
7MQG.AXMacquarie Group Ltd Def4.51%318,477$56.6M108
8WES.AXWesfarmers4.27%992,076$53.5M117
9WDS.AXWoodside Energy Group Ltd3.10%1,661,341$39M116
10RIO.AXRio Tinto2.68%324,935$33.7M128
11GMG.AXGoodman Group Units2.64%1,742,707$33.1M102
12WOW.AXWoolworths Group2.41%1,068,186$30.2M114
13TCL.AXTransurban Group Stapled Units2.11%2,724,505$26.5M110
14QBE.AXQbe Insurance Group1.92%1,304,959$24M132
15ALL.AXAristocrat Leisure1.70%471,342$21.4M117

Showing 1–15 of 47 holdings

EWA Performance

Launched Mar 12, 1996

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EWA$11,383
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. EWA $11,383. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EWA. Periods over one year show the average yearly return.
PeriodEWA
Year to date+14.4%
1 month+4.3%
3 months+0.7%
1 year+13.8%
3 yearsper year+16.4%
5 yearsper year+6.6%
10 yearsper year+8.2%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EWA
YearReturn barEWA
2026 YTD+14.4%
2025+13.4%
2024+1.6%
2023+13.9%
2022−5.9%
2021+9.0%
2020+8.3%

EWA in the news

EWA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.87%Last 12 months
Payout per share
$0.85Last 12 months
Last payment
$0.40 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.47; Dec 19, 2017 $0.56; Jun 19, 2018 $0.43; Dec 18, 2018 $0.74; Jun 17, 2019 $0.44; Dec 16, 2019 $0.46; Jun 15, 2020 $0.28; Dec 14, 2020 $0.20; Jun 10, 2021 $0.38; Dec 13, 2021 $0.67; Dec 30, 2021 $0.22; Jun 9, 2022 $0.74; Dec 13, 2022 $0.43; Jun 7, 2023 $0.42; Dec 20, 2023 $0.49; Jun 11, 2024 $0.47; Dec 17, 2024 $0.42; Jun 16, 2025 $0.40; Dec 16, 2025 $0.44; Jun 15, 2026 $0.40. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.40
Dec 16, 2025Dec 19, 2025$0.44
Jun 16, 2025Jun 20, 2025$0.40
Dec 17, 2024Dec 20, 2024$0.42
Jun 11, 2024Jun 17, 2024$0.47
Dec 20, 2023Dec 27, 2023$0.49
Jun 7, 2023Jun 13, 2023$0.42
Dec 13, 2022Dec 19, 2022$0.43
Jun 9, 2022Jun 15, 2022$0.74
Dec 30, 2021Jan 5, 2022$0.22
Dec 13, 2021Dec 17, 2021$0.67
Jun 10, 2021Jun 16, 2021$0.38

See all 52 payments⁠

$10,000 in EWA 10 years ago paid $4,825 in dividends.⁠

EWA Risk

Risk pillarC49 out of 100Rank 18 of 38 in Developed Single Country
How much the fund’s monthly returns vary, scaled to a year.
16.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.75
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−24.8%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.99
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

EWA Cost

Compare EWA and FLKR

Overpaying vs FLKR, tied cheapest in Developed Single Country

$8,081

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EWA 0.50%

    $9,979

  • FLKR 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • EWA 0.50%
  • FLKR 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EWA $9,979FLKR $1,898

Year by year

YearEWAFLKROverpaying
10$900$165$735
20$3,460$646$2,814
30$9,979$1,898$8,081

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