iShares MSCI Australia ETF

iShares MSCI Australia ETF

About

iShares MSCI Australia ETF (US4642861037) is a US-listed equity ETF tracking the MSCI Australia Index (Net). With a expense ratio of 0.5%, its costs are on the higher end for an ETF, paying distributions. The fund holds 54 positions across 1 region with 1.5B in assets, with heavy concentration — 99% in Australia, 40% in Financials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.6 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.0
Liquidity (25%) 8.5 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker EWA
ISIN
Fund Size $1.5B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 1996
Base Currency USD
Index MSCI Australia Index (Net)
Asset Class Equities
Category Other Country Equity

Costs

7.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.50%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +17.28%
3 Years +14.19%
5 Years +6.11%
10 Years +8.54%
YTD +11.61%
Since Inception +7.78%

Holdings

This fund invests into 54 individual investments.
#1
BHP Group Ltd
15.29%
#2
Commonwealth Bank of Australia
13.32%
#3
Westpac Banking Corp
5.87%
#4
National Australia Bank Ltd
5.67%
#5
ANZ Group Holdings Ltd
5.17%
#6
Wesfarmers Ltd
4.77%
#7
Macquarie Group Ltd
4.43%
#8
Rio Tinto Ltd
3.23%
#9
Goodman Group
3.08%
#10
CSL Ltd
2.77%
View all holdings (50)
# Holding Ticker Weight
1 BHP Group Ltd BHP 1528.63%
2 Commonwealth Bank of Australia CBA 1331.54%
3 Westpac Banking Corp WBC 586.69%
4 National Australia Bank Ltd NAB 567.22%
5 ANZ Group Holdings Ltd ANZ 517.33%
6 Wesfarmers Ltd WES 477.02%
7 Macquarie Group Ltd MQG 443.19%
8 Rio Tinto Ltd RIO 323.12%
9 Goodman Group GMG 307.69%
10 CSL Ltd CSL 276.59%
11 Woodside Energy Group Ltd WDS 270.40%
12 Transurban Group TCL 230.23%
13 Woolworths Group Ltd WOW 229.29%
14 QBE Insurance Group Ltd QBE 177.03%
15 Fortescue Ltd FMG 156.42%
16 Coles Group Ltd COL 155.70%
17 Aristocrat Leisure Ltd ALL 146.13%
18 Northern Star Resources Ltd NST 139.02%
19 Brambles Ltd BXB 127.01%
20 Evolution Mining Ltd EVN 124.75%
21 Santos Ltd STO 116.16%
22 Suncorp Group Ltd SUN 98.71%
23 Scentre Group SCG 97.41%
24 Telstra Group Ltd TLS 97.25%
25 Computershare Ltd CPU 93.54%
26 PLS Group Ltd PLS 90.80%
27 South32 Ltd S32 90.71%
28 Origin Energy Ltd ORG 90.65%
29 Insurance Australia Group Ltd IAG 87.58%
30 Lynas Rare Earths Ltd LYC 80.53%
31 Washington H Soul Pattinson & Co Ltd SOL 74.18%
32 Sigma Healthcare Ltd SIG 70.07%
33 APA Group APA 66.86%
34 Medibank Pvt Ltd MPL 65.26%
35 Lottery Corp Ltd/The TLC 60.76%
36 Xero Ltd XRO 57.26%
37 AUD CASH AUD 55.65%
38 Stockland SGP 51.07%
39 Vicinity Ltd VCX 49.86%
40 ASX Ltd ASX 49.67%
41 CAR Group Ltd CAR 49.06%
42 Pro Medicus Ltd PME 48.63%
43 Sonic Healthcare Ltd SHL 45.05%
44 Seven Group Holdings Ltd SGH 42.96%
45 Cochlear Ltd COH 37.69%
46 Qantas Airways Ltd QAN 36.36%
47 REA Group Ltd REA 36.12%
48 WiseTech Global Ltd WTC 35.03%
49 USD CASH USD 5.53%
50 CASH COLLATERAL AUD UBFUT UBFUT 4.60%

Sectors

Allocation by industry sector.
 
Sector Weight
Financials 3998.00%
Materials 2534.00%
Consumer Discretionary 684.00%
Industrials 530.00%
Real Estate 506.00%
Health Care 478.00%
Energy 387.00%
Consumer Staples 385.00%
Communication Services 182.00%
Utilities 158.00%
Technology 92.00%
Unknown 66.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Australia 9934.00%
UNKNOWN 66.00%

Similar ETFs

Other funds tracking Other Country Equity indices.
iShares MSCI South Korea ETF
EWY·Expense Ratio 0.59%
iShares MSCI Taiwan ETF
EWT·Expense Ratio 0.59%
iShares MSCI Brazil ETF
EWZ·Expense Ratio 0.59%
iShares MSCI Canada ETF
EWC·Expense Ratio 0.50%
iShares MSCI Mexico ETF
EWW·Expense Ratio 0.50%
iShares MSCI Spain ETF
EWP·Expense Ratio 0.50%
Compare EWA vs EWY Compare EWA vs EWT Compare EWA vs EWZ
Feedback
ETFs
Basket
Compare