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ETFs

iShares MSCI Australia ETF

EWA
$--
Today’s Change
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Snapshot
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Inception Date
Mar 12 1996
Expense Ratio
0.50%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$35,313,344
AUM
$1,999,158,084
Associated Index
MSCI Australia Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BHP
BHP Group Limited
13.08%
CBA
Commonwealth Bank of Australia
9.76%
CSL
CSL Ltd.
7.08%
NAB
National Australia Bank Limited
5.28%
ANZ
ANZ Group Holdings Ltd
4.38%
WBC
Westpac Banking Corp
4.32%
WDS
Woodside Energy Group Ltd
4.01%
MQG
Macquarie Group Ltd
3.63%
WES
Wesfarmers Limited
3.51%
WOW
Woolworths Group Limited
2.64%
Invest with EWA

What is EWA?

The iShares MSCI Australia ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Australian market as represented by the MSCI Australia Index.

ETFs related toEWA

ETFs correlated to EWA include EPP, BBAX, VYMI

EWA
BlackRock Institutional Trust Company N.A. - iShares MSCI Australia ETF
EPP
BlackRock Institutional Trust Company N.A. - iShares MSCI Pacific ex Japan ETF
BBAX
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEWA

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with EWA using Composer

FAQ

EWA is a Global Ex. US Equities ETF. The iShares MSCI Australia ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Australian market as represented by the MSCI Australia Index.

EWA tracks the MSCI Australia Index.

No, EWA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EWA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EWA is 0.0122%. This is the percent change in the value of EWA over the most recent 1-month period. The 3-month return on EWA is -0.0252%. This is the percent change in the value of EWA over the most recent 3-month period.

The standard deviation of EWA for the past year is 0.2131%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EWA include EWZ, EWW, and EWT.

ETFs correlated to EWA include EPP, BBAX, and VYMI.

ETFs that are inversely correlated to EWA include EFZ, EPV, and EDZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.