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iShares MSCI Italy ETF

iShares · US46434G8309

iShares MSCI Italy ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker EWI (ISIN US46434G8309). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well…

· Tracks the MSCI Italy index ?
Equity ?Unknown Physical ?
Mid-range feeOwns the shares directlyEurope
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iShares fundsUnknownPhysically replicatedEurope stocksYearly fee under 0.5%

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Fund size (AUM) ?
€0
1-year return ?
+19.8%
Price Return · to 2026-07-23
Yearly fee (TER) ?
0.50%
All-in cost ≈ 0.00%

About this fund

What you own

The MSCI Italy index is the benchmark this fund aims to copy.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.50%Yearly fee (TER)
0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
MSCI Italy
Replication ?
Physical
Full — buys every share
Launched
Mar 1996
30-year track record

Performance

96.799.2102104107202420242025

Growth of $100 invested — both lines start at $100.

iShares MSCI Italy ETF Average MSCI Italy ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+9.9%
1 year+19.8%
3 years+21.9%
5 years+13.3%

Return, year by year

-17.9
+25.9
+6.0
+51.0
'22'23'24'25
3 of 4 up yearsBest: 2025 +51.0%Worst: 2022 -17.9%Calendar-year total returns, in USD

How bumpy has it been?

18.4%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-16.8%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
1.17
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+83.5%
Since inception
Total growth since launch — about +12.7% a year.
+56.1%
Best 12 months
The strongest one-year stretch on record.
-34.1%
Worst 12 months
The weakest one-year stretch on record.
-38.0%
Worst fall on record ?
It clawed back in about 16 months.

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
NYSEEWIUSD★ Primary
EUR listings
FrankfurtISVQEUR
USD listings
B2EWIUSD
CCEWICLUSD
CCEWIUSD
CIEWICLUSD
CIEWIUSD
E1EWI1USD
E1EWIUSDUSD
EPEWIUSDUSD
EUEWI1USD
EUEWIUSDUSD
EZEWIUSDUSD
GDISVQUSD
GMISVQUSD
MFEWI*USD
MMEWI*USD
MUEWI*USD
NYSE ArcaEWIUSD
OCEWIUSD
TH018GUSD
UAEWIUSD
UBEWIUSD
UCEWIUSD
UDEWIUSD
UFEWIUSD
UMEWIUSD
USEWIUSD
UTEWIUSD
UXEWIUSD
VFEWIUSD
VGEWIUSD
VJEWIUSD
VKEWIUSD
VPEWIUSD
VTEWIUSD
VYEWIUSD
X9EWI1USD
XAEWI1USD
XAEWIUSDUSD
XEEWI1USD
XEEWIUSDUSD
XETRAEWIUSD
XFEWIUSDUSD
XFEWI1USD
XGEWI1USD
XGEWIUSDUSD
XHEWI1USD
XHEWIUSDUSD
XJEWI1USD
XJEWIUSDUSD
XLEWIUSDUSD
XLEWI1USD
XOEWI1USD
XOEWIUSDUSD
XQEWI1USD
XQEWIUSDUSD
XSEWI1USD
XSEWIUSDUSD
XUEWIUSDUSD
XUEWI1USD
XVEWI1USD
XVEWIUSDUSD
XWEWI1USD
XWEWIUSDUSD
XXEWI1USD
XXEWIUSDUSD
XZEWI1USD
XZEWIUSDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

How it ranks vs peers

🪙 Cheaper than 5% of similar ETFs📈 Higher 1-yr return than 43%📈 Higher 3-yr return than 75%📈 Higher 5-yr return than 82%📊 Behind its category by 4.6% (1-yr) (category average +24.4%)📊 Beat its category by 4.3% (3-yr) (category average +17.6%)📊 Beat its category by 5.4% (5-yr) (category average +7.9%)

Versus the Equity (stocks) · Europe · USD ETFs we track.

Advanced risk

1.72
Sortino (3y) ?
1.30
Calmar (3y) ?
12.5%
Downside deviation ?
75%
Up months (hit rate) ?
$61.14
52-week high ?
$47.83
52-week low ?

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Europe stocks
Compare side by side
6 similar funds
iShares MSCI Italy ETFiSharesYou're viewingInvesco S&P 500 UCITS ETF EUR Hdg AccInvescoBroader matchAmundi Core S&P 500 Swap UCITS ETF EUR Hedged AccAmundiBroader matchAmundi Core S&P 500 Swap UCITS ETF EUR Hedged DistAmundiBroader matchAmundi Core Stoxx Europe 600 UCITS ETF AccAmundiBroader matchAmundi Core Stoxx Europe 600 UCITS ETF USD Hedged AccAmundiBroader matchAmundi Core Stoxx Europe 600 UCITS ETF EUR Hedged DistAmundiBroader match
Why it's similarThis is the fund on this page.
StocksCheaper fee
Tracks a different index in the same category.
StocksCheaper fee
Tracks a different index in the same category.
StocksCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedMSCI ItalyS&P 500 Daily Hedged Euro Net Total Return IndexS&P 500 Daily Hedged Euro Index Net TRS&P 500 Daily Hedged Euro Index Net TRSTOXX Europe 600 (Net Return) EURSTOXX Europe 600 (Net Return) EURSTOXX Europe 600 (Net Return) EUR
Yearly fee (TER)0.50%0.05%0.07%0.07%0.07%0.09%0.15%
All-in cost0.00%0.45%0.00%0.07%0.07%0.09%0.15%
Fund size€0€50.3B€28.7B€28.4B€21.7B€21.6B€21.4B
DomicileIrelandLULULULULU
ReplicationPhysical (full)Synthetic (swap)Synthetic (swap)Synthetic (swap)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+21.9%+19.2%+18.4%
5-yr return p.a.+13.3%+10.0%+9.0%
# holdings2951010613613613

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Data as of 2026-07-23 · Source: issuer data, compiled by Finance Hamster

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