---
ticker: "EWA"
name: "iShares MSCI Australia ETF"
url: "https://etf.net/etf/EWA"
grade: "B"
score: 66
graded_at: "2026-10-12"
category: "Developed Single Country"
category_rank: "8 of 38"
methodology: "https://etf.net/methodology"
---

# EWA: iShares MSCI Australia ETF

Grade **B**, Score 66 of 100. Rank 8 of 38 in Developed Single Country.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 55 | 10 of 38 |
| Mission | 82 | 5 of 35 |
| Risk | 46 | 20 of 37 |
| Tradability | 93 | 2 of 38 |
| Holdings | 45 | 23 of 36 |
| Durability | 77 | 5 of 38 |

## Top holdings

The fund holds 47 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | BHP.AX | Bhp Group Ltd | 15.64% |
| 2 | CBA.AX | Commonwealth Bank of Australia | 12.62% |
| 3 | NAB.AX | National Australia Bank | 5.93% |
| 4 | WBC.AX | Westpac Banking Corporation | 5.82% |
| 5 | ANZ.AX | Anz Group Holdings Ltd | 5.66% |
| 6 | MQG.AX | Macquarie Group Ltd Def | 4.57% |
| 7 | CSL.AX | Csl | 4.45% |
| 8 | WES.AX | Wesfarmers | 4.43% |
| 9 | WDS.AX | Woodside Energy Group Ltd | 3.10% |
| 10 | RIO.AX | Rio Tinto | 3.05% |
| 11 | GMG.AX | Goodman Group Units | 2.73% |
| 12 | WOW.AX | Woolworths Group Ltd | 2.44% |
| 13 | TCL.AX | Transurban Group Stapled Units | 2.09% |
| 14 | QBE.AX | Qbe Insurance Group | 1.90% |
| 15 | ALL.AX | Aristocrat Leisure | 1.68% |
| 16 | NST.AX | Northern Star Resources Ltd | 1.67% |
| 17 | COL.AX | Coles Group Ltd | 1.58% |
| 18 | STO.AX | Santos | 1.44% |
| 19 | EVN.AX | Evolution Mining | 1.35% |
| 20 | BXB.AX | Brambles | 1.30% |
| 21 | FMG.AX | Fortescue Ltd | 1.25% |
| 22 | S32.AX | SOUTH32 | 1.11% |
| 23 | CPU.AX | Computershare Ltd | 1.06% |
| 24 | SUN.AX | Suncorp Group | 1.01% |
| 25 | ORG.AX | Origin Energy | 0.99% |
| 26 | TLS.AX | Telstra Group | 0.94% |
| 27 | IAG.AX | Insurance Australia Group | 0.91% |
| 28 | SCG.AX | Scentre Group | 0.91% |
| 29 | SOL.AX | Washington H Soul Pattinson & Comp | 0.80% |
| 30 | APA.AX | Apa Group Units | 0.73% |

Source: etf.net, https://etf.net/etf/EWA. Please cite the page URL.