ATLASiShares MSCI Spain ETF (EWP): outlook, holdings and fees
iShares MSCI Spain ETF (EWP) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.51% and the yield is 2.89%. The ten largest holdings are 73% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on EWP
| Last price | $56.33 (-1.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $54.93 – $58.30 |
| Normal 1-day range (±1σ) | ±1.0% |
| Distribution yield | 2.89% |
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.
EWP fund facts
| Issuer | iShares |
|---|---|
| Theme | Europe |
| Assets under management | $2.3B |
| Expense ratio | 0.51% |
| Number of holdings | 21 |
| Portfolio turnover | 16% |
| 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 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 Spain. The fund is non-diversified.
EWP top holdings
| Holding | Sector | Weight |
|---|---|---|
| Banco Santander S.A. SAN | Financial Services | 18.24% |
| Banco Bilbao Vizcaya Argentaria SA BBVA | Financial Services | 13.80% |
| Iberdrola S.A. IBE | Utilities | 13.28% |
| Repsol S.A. REP | Energy | 4.92% |
| Caixabank SA CABK | Financial Services | 4.26% |
| Industria de Diseno Textil SA ITX | Consumer Cyclical | 4.32% |
| Amadeus IT Group S.A. AMS | Technology | 4.08% |
| Ferrovial S.A. FER | Industrials | 3.60% |
| Banco de Sabadell S.A SAB | Financial Services | 3.43% |
| Aena SA AENA | Industrials | 3.47% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
EWP sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 45.1% |
| Utilities | 20.9% |
| Industrials | 13.8% |
| Technology | 5.9% |
| Energy | 5.0% |
| Consumer Cyclicals | 4.3% |
| Communication Services | 2.6% |
| Real Estate | 2.5% |
By region: Europe Developed 98.3%, United Kingdom 1.7%.
EWP returns and risk
| Year to date | +9.3% |
|---|---|
| 1 year | +23.3% |
| 3 years (annualised) | +34.4% |
| 5 years (annualised) | +20.5% |
| 10 years (annualised) | +11.7% |
| Volatility (3 years) | 16.0% |
| Sharpe ratio (3 years) | 1.60 |
Past returns do not guarantee future results.
EWP: frequently asked questions
What does EWP invest in?
iShares MSCI Spain ETF invests in a portfolio of securities. Its largest holdings are Banco Santander S.A. (18.2%), Banco Bilbao Vizcaya Argentaria SA (13.8%), Iberdrola S.A. (13.3%), Repsol S.A. (4.9%), Caixabank SA (4.3%).
What is the EWP expense ratio?
0.51% a year: about $51.00 for every $10,000 invested.
What is the EWP dividend yield?
2.89%. ATLAS does not hold the exact distribution dates for ETFs.
Will EWP 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 $54.93 to $58.30 from $56.33 today. It is a probability, not a prediction.
How has EWP performed?
Year to date +9.3%, one year +23.3%, three years +34.4% a year, five years +20.5% a year. Past returns do not guarantee future results.
Similar ETFs: Europe
Educational information, not investment advice. Disclaimer