iShares MSCI Italy ETF

iShares MSCI Italy ETF

About

iShares MSCI Italy ETF (US46434G8309) is a US-listed equity ETF tracking the MSCI Italy 25/50 Index (Net). With a expense ratio of 0.5%, its costs are on the higher end for an ETF, paying distributions. The fund holds 33 positions across 1 region with 802M in assets, with heavy concentration — 100% in Italy, 53% 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%) 7.9 Assets Under Management

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

Ticker EWI
ISIN
Fund Size $802.1M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 1996
Base Currency USD
Index MSCI Italy 25/50 Index (Net)
Asset Class Equities

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 +28.45%
3 Years +30.62%
5 Years +16.23%
10 Years +13.16%
YTD +9.73%
Since Inception +6.40%

Holdings

This fund invests into 33 individual investments.
#1
UniCredit SpA
15.97%
#2
Intesa Sanpaolo SpA
12.56%
#3
Enel SpA
11.01%
#4
Eni SpA
4.86%
#5
Generali
4.71%
#6
Prysmian SpA
4.51%
#7
Ferrari NV
4.44%
#8
BPER Banca SPA
3.88%
#9
Banca Monte dei Paschi di Siena SpA
3.79%
#10
Leonardo SpA
3.77%
View all holdings (33)
# Holding Ticker Weight
1 UniCredit SpA UCG 1596.95%
2 Intesa Sanpaolo SpA ISP 1256.17%
3 Enel SpA ENEL 1101.49%
4 Eni SpA ENI 486.23%
5 Generali G 470.77%
6 Prysmian SpA PRY 451.05%
7 Ferrari NV RACE 443.82%
8 BPER Banca SPA BPE 387.73%
9 Banca Monte dei Paschi di Siena SpA BMPS 379.25%
10 Leonardo SpA LDO 376.71%
11 Banco BPM SpA BAMI 330.37%
12 Terna - Rete Elettrica Nazionale TRN 271.64%
13 FinecoBank Banca Fineco SpA FBK 266.97%
14 TELECOM ITALIA S.P.A. TIT 257.42%
15 Poste Italiane SpA PST 256.91%
16 Snam SpA SRG 246.29%
17 Moncler SpA MONC 225.99%
18 Stellantis NV STLAM 213.63%
19 Tenaris SA TEN 187.42%
20 Unipol Gruppo SpA UNI 185.08%
21 Italgas SpA IG 147.22%
22 Recordati Industria Chimica e Farmaceutica SpA REC 127.57%
23 Banca Mediolanum SpA BMED 119.99%
24 Buzzi SpA BZU 102.58%
25 Davide Campari-Milano NV CPR 91.36%
26 BLK CSH FND TREASURY SL AGENCY XTSLA 66.28%
27 USD CASH USD 2.48%
28 CASH COLLATERAL EUR WFFUT WFFUT 1.47%
29 FTSE/MIB INDEX SEP 26 STU6 0.00%
30 ETD USD BALANCE WITH R97871 ETD_USD 0.00%
31 ETD CAD BALANCE WITH R97871 ETD_CAD 0.00%
32 EUR/USD EUR -0.29%
33 EUR CASH EUR -50.53%

Sectors

Allocation by industry sector.
 
Sector Weight
Financials 5250.00%
Utilities 1767.00%
Consumer Discretionary 883.00%
Industrials 828.00%
Energy 674.00%
Communication Services 257.00%
Health Care 128.00%
Materials 103.00%
Consumer Staples 91.00%
Unknown 19.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Italy 9981.00%
UNKNOWN 19.00%
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