iShares MSCI Belgium ETF

iShares MSCI Belgium ETF

About

iShares MSCI Belgium ETF (US4642863017) is a US-listed equity ETF tracking the MSCI Belgium IMI 25/50 Index (Net). With a expense ratio of 0.49%, its costs are on the higher end for an ETF, paying distributions. The fund holds 44 positions across 1 region with 148M in assets, with heavy concentration — 100% in Belgium.

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: 2.1
Liquidity (25%) 6.1 Assets Under Management

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

Ticker EWK
ISIN
Fund Size $148.3M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 1996
Base Currency USD
Index MSCI Belgium IMI 25/50 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 0.49%

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 +25.00%
3 Years +18.21%
5 Years +6.29%
10 Years +6.57%
YTD +10.76%
Since Inception +5.98%

Holdings

This fund invests into 44 individual investments.
#1
Anheuser-Busch InBev SA/NV
21.60%
#2
Argenx SE
15.16%
#3
UCB SA
8.78%
#4
KBC Group NV
4.77%
#5
Ageas SA/NV
4.25%
#6
Ackermans & van Haaren NV
2.98%
#7
Aedifica SA
2.87%
#8
Groupe Bruxelles Lambert NV
2.82%
#9
Elia Group SA/NV
2.64%
#10
Umicore SA
2.34%
View all holdings (44)
# Holding Ticker Weight
1 Anheuser-Busch InBev SA/NV ABI 2160.19%
2 Argenx SE ARGX 1515.92%
3 UCB SA UCB 877.64%
4 KBC Group NV KBC 476.53%
5 Ageas SA/NV AGS 424.55%
6 Ackermans & van Haaren NV ACKB 298.39%
7 Aedifica SA AED 287.07%
8 Groupe Bruxelles Lambert NV GBLB 281.85%
9 Elia Group SA/NV ELI 263.74%
10 Umicore SA UMI 233.59%
11 Lotus Bakeries NV LOTB 222.71%
12 Syensqo SA SYENS 219.89%
13 Financiere de Tubize SA TUB 210.30%
14 Warehouses De Pauw CVA WDP 201.47%
15 Sofina SA SOF 173.33%
16 D'ieteren Group DIE 170.71%
17 KBC Ancora KBCA 165.45%
18 Azelis Group NV AZE 122.31%
19 Melexis NV MELE 120.14%
20 Solvay SA SOLB 116.33%
21 CMB Tech NV CMBT 114.73%
22 Fagron FAGR 105.90%
23 Bekaert SA BEKB 98.53%
24 Deme Group NV DEME 95.31%
25 Montea NV MONT 84.76%
26 VGP NV VGP 83.69%
27 Colruyt Group N.V COLR 80.82%
28 Gimv NV GIMB 76.41%
29 Xior Student Housing NV XIOR 74.76%
30 Retail Estates NV RET 74.72%
31 Proximus SADP PROX 69.67%
32 Recticel SA RECT 66.82%
33 Galapagos NV LKFT 64.97%
34 Kinepolis Group NV KIN 62.99%
35 Shurgard Self Storage Ltd SHUR 62.93%
36 Cofinimmo SA COFB 55.78%
37 Tessenderlo Group SA TESB 49.75%
38 Barco NV BAR 49.04%
39 EUR CASH EUR 46.52%
40 Vastned Retail Belgium NV VASTB 36.14%
41 CASH COLLATERAL EUR SGAFT SGAFT 3.47%
42 BLK CSH FND TREASURY SL AGENCY XTSLA 2.37%
43 MICRO EURO STOXX SEP 26 MZTU6 0.00%
44 USD CASH USD -2.21%

Sectors

Allocation by industry sector.
 
Sector Weight
Health Care 2775.00%
Consumer Staples 2464.00%
Financials 1598.00%
Real Estate 961.00%
Materials 718.00%
Industrials 583.00%
Utilities 264.00%
Consumer Discretionary 171.00%
Technology 169.00%
Communication Services 133.00%
Energy 115.00%
Unknown 49.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Belgium 9950.00%
UNKNOWN 50.00%

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 EWK vs EWY Compare EWK vs EWT Compare EWK vs EWZ
Feedback
ETFs
Basket
Compare