Skip to Content
ETFs

iShares MSCI Germany ETF

EWG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 12 1996
Expense Ratio
0.50%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$63,690,297
AUM
$1,475,245,557
Associated Index
MSCI Germany index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SAP
Sap SE
11.01%
SIE
Siemens AG - Registered Shares
8.54%
ALV
Allianz SE - Registered Shares
7.89%
DTE
Deutsche Telekom AG - Registered Shares
5.62%
MBG
Mercedes-Benz Group AG
4.55%
MUV2
Muenchener Rueckversicherungs-Gesellschaft AG - Registered Shares
4.32%
BAYN
Bayer AG - Registered Shares
3.95%
IFX
Infineon Technologies AG
3.46%
DHL
Deutsche Post AG - Registered Shares
3.28%
BAS
Basf SE
3.25%
Invest with EWG

What is EWG?

The iShares MSCI Germany 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 German market as measured by the MSCI Germany Index.

ETFs related toEWG

ETFs correlated to EWG include EZU, FEZ, VGK

EWG
BlackRock Institutional Trust Company N.A. - iShares MSCI Germany ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
FEZ
SSgA Active Trust - SPDR EURO Stoxx 50 ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE 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 toEWG

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with EWG using Composer

FAQ

EWG is a Global Ex. US Equities ETF. The iShares MSCI Germany 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 German market as measured by the MSCI Germany Index.

EWG tracks the MSCI Germany index.

No, EWG 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, EWG 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 EWG is -0.0279%. This is the percent change in the value of EWG over the most recent 1-month period. The 3-month return on EWG is -0.0523%. This is the percent change in the value of EWG over the most recent 3-month period.

The standard deviation of EWG for the past year is 0.2168%. 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 EWG include EWZ, EWW, and EWT.

ETFs correlated to EWG include EZU, FEZ, and VGK.

ETFs that are inversely correlated to EWG include EPV, EFZ, and SH.

Disclaimers

*

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.