iShares MSCI Italy ETF
$60.03−0.72 (−1.19%)
- Expense ratio
- 0.50%
- Fund size
- $1.1B
- 1Y return
- +21.3%
- Yield · Last 12 months
- 3.09%
- Holdings
- 25
- Volume · 30D
- 0.4M sh
- NAV per share
- $61.15
- 52W range
The ETF.net EWI Grade
Score 65 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 55Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 83Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 72Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 35Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
Our read on EWI
BItaly in one ticker, and that ticker has been trading since 1996. EWI holds a capped basket of roughly two dozen large Italian companies, a concentrated slice of one economy rather than a spread across Europe.
The fund seeks to track an index of Italian equities.
Why people hold it
- Launched in 1996, one of the original single-country funds, and now a multi-billion-dollar fund. Decades of live operating history, not a launch-week experiment.
- No stock picking, no overlays: it tracks the MSCI Italy 25/50 Index, and it sits in the upper tier of developed single-country funds on our review.ishares.com
- The index is a capped version, limiting how large any single holding can grow. That matters when the whole portfolio is only around 25 names.ishares.com
- One trade gets the listed heart of the Italian market, instead of assembling ADRs name by name. Moderately traded, with the usual iShares plumbing behind it.
Worth knowing
- The 0.50% fee is exactly the median for developed single-country funds, though cheaper builds exist in the group: FLKR and FLAU both charge 0.09%.
- Around 25 stocks, one country, one currency. Concentration in a single market is the point here, and iShares flags that risk in the fund's own materials.ishares.com
- Distributions come annually or semiannually, so any income arrives in lumps rather than a monthly drip.
EWI Holdings
- Stocks
- 25
- 72%
- UCG.MI
Sectors
- Financials53.8%
- Utilities16.1%
- Industrials10.3%
- Consumer Discr.8.1%
- Energy6.4%
- Communication2.4%
- Health Care1.1%
- Cons. Staples1.0%
- Materials0.8%
Geography
- Italy96.60%
- Luxembourg1.69%
- Netherlands1.67%
- United States0.03%
Developed 100% · Emerging 0%
EWI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | EWI |
|---|---|
| Year to date | +14.0% |
| 1 month | −3.4% |
| 3 months | +0.5% |
| 1 year | +21.3% |
| 3 years | +29.4% |
| 5 years | +17.9% |
| 10 years | +14.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EWI |
|---|---|---|
| 2026 YTD | +14.0% | |
| 2025 | +55.7% | |
| 2024 | +10.3% | |
| 2023 | +30.7% | |
| 2022 | −14.1% | |
| 2021 | +14.4% | |
| 2020 | +1.7% |
EWI in the news
ETF.net Research hasn’t filed on EWI yet — coverage lands here as it’s written.
EWI Dividends
- 3.09%
- $1.88
- $1.17 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 15, 2026 | Jun 18, 2026 | $1.17 |
| Dec 16, 2025 | Dec 19, 2025 | $0.70 |
| Jun 16, 2025 | Jun 20, 2025 | $0.82 |
| Dec 17, 2024 | Dec 20, 2024 | $0.56 |
| Jun 11, 2024 | Jun 17, 2024 | $0.91 |
| Dec 20, 2023 | Dec 27, 2023 | $0.42 |
| Jun 7, 2023 | Jun 13, 2023 | $0.73 |
| Dec 13, 2022 | Dec 19, 2022 | $0.42 |
| Jun 9, 2022 | Jun 15, 2022 | $0.82 |
| Dec 13, 2021 | Dec 17, 2021 | $0.45 |
| Jun 10, 2021 | Jun 16, 2021 | $0.41 |
| Dec 14, 2020 | Dec 18, 2020 | $0.24 |
EWI Risk
- 14.3%
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.
- 1.56
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.
- −35.2%
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.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EWI Cost
- The middle half of Developed Single Country funds
- Median 0.50%
13 of the 38 Developed Single Country funds charge less.