ATLASiShares MSCI Australia ETF (EWA): outlook, holdings and fees
iShares MSCI Australia ETF (EWA) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.52% and the yield is 3.08%. The ten largest holdings are 66% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on EWA
| Last price | $29.49 (-0.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $28.88 – $30.40 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 3.08% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
EWA fund facts
| Issuer | iShares |
|---|---|
| Theme | Asia-Pacific |
| Assets under management | $1.2B |
| Expense ratio | 0.52% |
| Number of holdings | 43 |
| Portfolio turnover | 4% |
| Inception | Mar 12, 1996 |
| Exchange | NYSE |
The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index is designed to measure the performance of large- and mid-capitalization segments of the Australian equity market. The fund is non-diversified.
EWA top holdings
| Holding | Sector | Weight |
|---|---|---|
| BHP Group Ltd BHP | Basic Materials | 16.41% |
| Commonwealth Bank of Australia CBA | Financial Services | 12.26% |
| National Australia Bank Ltd NAB | Financial Services | 5.65% |
| Westpac Banking Corporation WBC | Financial Services | 6.01% |
| ANZ Group Holdings Ltd ANZ | Financial Services | 5.86% |
| Macquarie Group Ltd MQG | Financial Services | 4.79% |
| CSL Ltd CSL | Healthcare | 4.59% |
| Wesfarmers Ltd WES | Consumer Cyclical | 4.61% |
| Woodside Energy Group Ltd WDS | Energy | 3.20% |
| Rio Tinto Ltd RIO | Basic Materials | 3.05% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
EWA sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 42.9% |
| Basic Materials | 24.1% |
| Consumer Cyclicals | 6.7% |
| Healthcare | 5.8% |
| Energy | 4.4% |
| Real Estate | 4.2% |
| Consumer Defensive | 4.1% |
| Industrials | 4.0% |
| Utilities | 1.6% |
| Communication Services | 1.4% |
| Technology | 0.8% |
By region: Australasia 100.0%.
EWA returns and risk
| Year to date | +11.0% |
|---|---|
| 1 year | +11.4% |
| 3 years (annualised) | +13.9% |
| 5 years (annualised) | +6.8% |
| 10 years (annualised) | +8.0% |
| Volatility (3 years) | 16.7% |
| Sharpe ratio (3 years) | 0.58 |
Past returns do not guarantee future results.
EWA: frequently asked questions
What does EWA invest in?
iShares MSCI Australia ETF invests in a portfolio of securities. Its largest holdings are BHP Group Ltd (16.4%), Commonwealth Bank of Australia (12.3%), National Australia Bank Ltd (5.7%), Westpac Banking Corporation (6.0%), ANZ Group Holdings Ltd (5.9%).
What is the EWA expense ratio?
0.52% a year: about $52.00 for every $10,000 invested.
What is the EWA dividend yield?
3.08%. ATLAS does not hold the exact distribution dates for ETFs.
Will EWA go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $28.88 to $30.40 from $29.49 today. It is a probability, not a prediction.
How has EWA performed?
Year to date +11.0%, one year +11.4%, three years +13.9% a year, five years +6.8% a year. Past returns do not guarantee future results.
Similar ETFs: Asia-Pacific
Educational information, not investment advice. Disclaimer