ATLASiShares MSCI Italy ETF (EWI): outlook, holdings and fees
iShares MSCI Italy ETF (EWI) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.52% and the yield is 3.22%. The ten largest holdings are 72% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on EWI
| Last price | $56.41 (+1.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $54.91 – $58.47 |
| Normal 1-day range (±1σ) | ±1.1% |
| Distribution yield | 3.22% |
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.
EWI fund facts
| Issuer | iShares |
|---|---|
| Theme | Europe |
| Assets under management | $1.2B |
| Expense ratio | 0.52% |
| Number of holdings | 25 |
| Portfolio turnover | 23% |
| Inception | Mar 12, 1996 |
| Exchange | NYSE |
The fund generally will invest 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 a free float-adjusted market capitalization-weighted index that is designed to measure the performance of the large- and mid-capitalization segments of the equity market in Italy. The fund is non-diversified.
EWI top holdings
| Holding | Sector | Weight |
|---|---|---|
| UniCredit S.p.A. UCG | Financial Services | 16.79% |
| Intesa Sanpaolo SpA ISP | Financial Services | 14.70% |
| Enel SpA ENEL | Utilities | 10.74% |
| Eni S.p.A. ENI | Energy | 5.14% |
| Prysmian SpA PRY | Industrials | 4.68% |
| Assicurazioni Generali S.p.A. G | Financial Services | 4.66% |
| Ferrari NV RACE | Consumer Cyclical | 4.45% |
| Banca Monte dei Paschi di Siena SpA BMPS | Financial Services | 3.97% |
| Poste Italiane SpA PST | Industrials | 3.69% |
| BPER Banca SpA BPE | Financial Services | 3.41% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
EWI sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 51.0% |
| Utilities | 17.8% |
| Industrials | 12.5% |
| Consumer Cyclicals | 8.5% |
| Energy | 7.0% |
| Healthcare | 1.2% |
| Consumer Defensive | 1.1% |
| Basic Materials | 0.9% |
By region: Europe Developed 92.8%, North America 7.2%.
EWI returns and risk
| Year to date | +5.4% |
|---|---|
| 1 year | +14.7% |
| 3 years (annualised) | +28.3% |
| 5 years (annualised) | +16.8% |
| 10 years (annualised) | +13.6% |
| Volatility (3 years) | 14.8% |
| Sharpe ratio (3 years) | 1.56 |
Past returns do not guarantee future results.
EWI: frequently asked questions
What does EWI invest in?
iShares MSCI Italy ETF invests in a portfolio of securities. Its largest holdings are UniCredit S.p.A. (16.8%), Intesa Sanpaolo SpA (14.7%), Enel SpA (10.7%), Eni S.p.A. (5.1%), Prysmian SpA (4.7%).
What is the EWI expense ratio?
0.52% a year: about $52.00 for every $10,000 invested.
What is the EWI dividend yield?
3.22%. ATLAS does not hold the exact distribution dates for ETFs.
Will EWI go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 54%, with a likely range (50%) of $54.91 to $58.47 from $56.41 today. It is a probability, not a prediction.
How has EWI performed?
Year to date +5.4%, one year +14.7%, three years +28.3% a year, five years +16.8% a year. Past returns do not guarantee future results.
Similar ETFs: Europe
Educational information, not investment advice. Disclaimer