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Launched · SEC filings

iShares MSCI Spain ETF

EWPNYSE ArcaiSharesB

$57.14+0.81 (+1.44%)

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

B63/ 100

Rank 10 of 38 in Developed Single Country

B63/100Rank 10 of 38inDeveloped Single Country
Intraday session: up, 79 prints from 56.33 to 57.14. Range 56.72 to 57.40. Use the arrow keys to read each point.56.6056.8057.0057.4010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$1.94B
1Y total return
+15.7%
Yield · Last 12 months
2.96%
Holdings
25
Avg volume · 30D
453K sh
52W range
low $49.33high $63.44
Launched
Filings
SEC EDGAR

The ETF.net EWP Grade

B

Score 63 out of 100

Category
Developed Single Country⁠
Rank
10 of 38
Six-pillar profile for EWP. Scores out of 100: Cost 55, Risk 70, Mission 79, Tradability 67, Holdings 34, Durability 75. Strongest: Mission (79). Weakest: Holdings (34). Leans toward Mission and Durability.

Score 63 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.
    A79 out of 100
    Rank 10 of 35

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A70 out of 100
    Rank 8 of 38

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 11 of 38

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D34 out of 100
    Rank 29 of 36

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A75 out of 100
    Rank 7 of 38

Our read on EWP

ETF.net Research

In short

BSpain in one ticker. Trading since 1996, back when single-country ETFs were a novelty, EWP still does one job: track an index of Spanish equities and hold a capped basket of the country's largest listed companies.

Stated mandate

The fund seeks to track an index composed of Spanish equities.

Why people hold it

  • An ETF-industry original: launched in 1996, decades before most country funds existed, and still running the same plain mandate of tracking an index of Spanish stocks.
  • The 25/50 caps in the index do real work in a top-heavy market: no single company can run away with the basket, and the biggest positions are limited as a group.ishares.com
  • Undiluted country exposure. No Europe-wide blend, no US filler, just Spanish equities, which makes it a clean single dial for anyone tilting a portfolio toward one market.
  • A billion-dollar-plus fund from the biggest ETF shop on the street, which is rare staying power for a single-country wrapper.

Worth knowing

  • At 0.50% a year it runs above the typical index tracker and many times a broad core fund like VT at 0.06%. One country's worth of exposure carries a premium.
  • The stocks trade in euros while the fund trades in dollars, so the currency swing rides along on top of whatever the Spanish market does.
  • Volume is moderate rather than heavy, and cash comes once or twice a year instead of quarterly. Limit orders and patience are the tools here.

EWP 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.

EWP$11,566
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. EWP $11,566. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 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 EWP. Periods over one year show the average yearly return.
PeriodEWP
Year to date+6.1%
1 month−4.8%
3 months−8.4%
1 year+15.7%
3 yearsper year+32.4%
5 yearsper year+18.5%
10 yearsper year+11.0%

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 EWP
YearReturn barEWP
2026 YTD+6.1%
2025+78.0%
2024+5.8%
2023+30.3%
2022−5.2%
2021+0.3%
2020−4.0%

EWP in the news

EWP 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.
2.96%Last 12 months
Payout per share
$1.66Last 12 months
Last payment
$0.92 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 $0.31; Dec 19, 2017 $0.58; Jun 19, 2018 $0.47; Dec 18, 2018 $0.52; Jun 17, 2019 $0.40; Dec 16, 2019 $0.68; Jun 15, 2020 $0.21; Dec 14, 2020 $0.41; Dec 30, 2020 $0.07; Jun 10, 2021 $0.43; Dec 13, 2021 $0.44; Jun 9, 2022 $0.37; Dec 13, 2022 $0.37; Jun 7, 2023 $0.35; Dec 20, 2023 $0.47; Jun 11, 2024 $0.53; Dec 17, 2024 $0.82; Jun 16, 2025 $0.48; Dec 16, 2025 $0.74; Jun 15, 2026 $0.92. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.92
Dec 16, 2025Dec 19, 2025$0.74
Jun 16, 2025Jun 20, 2025$0.48
Dec 17, 2024Dec 20, 2024$0.82
Jun 11, 2024Jun 17, 2024$0.53
Dec 20, 2023Dec 27, 2023$0.47
Jun 7, 2023Jun 13, 2023$0.35
Dec 13, 2022Dec 19, 2022$0.37
Jun 9, 2022Jun 15, 2022$0.37
Dec 13, 2021Dec 17, 2021$0.44
Jun 10, 2021Jun 16, 2021$0.43
Dec 30, 2020Jan 6, 2021$0.07

See all 54 payments⁠

$10,000 in EWP 10 years ago paid $3,845 in dividends.⁠

EWP Risk

Risk pillarA70 out of 100Rank 8 of 38 in Developed Single Country
How much the fund’s monthly returns vary, scaled to a year.
16.5%
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.
1.54
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.
−30.2%
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.
0.86
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.

EWP Cost

Compare EWP 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.

  • EWP 0.50%

    $9,979

  • FLKR 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • EWP 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$10K051015202530EWP $9,979FLKR $1,898

Year by year

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

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