(EWP) MSCI Spain - Overview
Etf: Banks, Utilities, Telecom, Energy, Consumer Staples
Dividends
| Dividend Yield | 2.51% |
| Yield on Cost 5y | 5.24% |
| Yield CAGR 5y | 9.10% |
| Payout Consistency | 87.1% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 18.7% |
| Relative Tail Risk | 4.34% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.56 |
| Alpha | 59.37 |
| Character TTM | |
|---|---|
| Beta | 0.629 |
| Beta Downside | 0.575 |
| Drawdowns 3y | |
|---|---|
| Max DD | 12.19% |
| CAGR/Max DD | 2.68 |
Description: EWP MSCI Spain January 16, 2026
The iShares MSCI Spain ETF (NYSE ARCA: EWP) seeks to track a free-float-adjusted, market-cap weighted index that captures the large- and mid-cap equity segment of the Spanish market. By regulation, at least 80 % of the fund’s assets must be invested in the index’s component securities or in securities that are “substantially identical” in economic characteristics, making the ETF effectively a direct replica of the index. Because the fund holds fewer than 50 % of its net assets in cash and concentrates on a limited number of securities, it is classified as non-diversified.
Key quantitative facts (as of the most recent filing, Q4 2023) include an expense ratio of 0.20 %, total assets under management of roughly $1.2 billion, and a top-5 holding concentration of about 30 % (dominated by Banco Santander, Iberdrola, and Inditex). The sector breakdown is heavily weighted toward financials (≈ 35 %) and consumer discretionary (≈ 25 %), reflecting Spain’s export-driven economy and its reliance on banking and tourism-related services. Recent macro data show Spain’s GDP growth at 2.1 % YoY in 2023 and a declining unemployment rate of 12.8 %, which are supportive back-drops for domestic equities.
Given the fund’s concentration and the country-specific risk profile, investors should assess how exposure to Spain’s fiscal policy and Eurozone monetary conditions could affect performance before allocating capital.
For a deeper, data-driven dive into EWP’s risk-adjusted metrics and scenario analysis, you might explore the ValueRay platform.
What is the price of EWP shares?
Over the past week, the price has changed by -0.70%, over one month by +3.03%, over three months by +11.67% and over the past year by +70.57%.
Is EWP a buy, sell or hold?
What are the forecasts/targets for the EWP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 78.4 | 38.9% |
EWP Fundamental Data Overview February 07, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.84b USD (1.84b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.84b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.84b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.23% (E(1.84b)/V(1.84b) * Re(8.23%) + (debt-free company))
Discount Rate = 8.23% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)