Vmbook Online ordering
Ishares Msci Italy Index
I'm happy to help you with some general information about the iShares MSCI Italy ETF (ticker: EWI)!
The iShares MSCI Italy ETF is an exchange-traded fund that seeks to track the investment results of the MSCI Italy Index, which is designed to measure the performance of the Italian equity market. The ETF primarily invests in large- and mid-capitalization Italian stocks, providing investors with a convenient way to gain exposure to the Italian equity market.
In terms of key statistics as of February 28, 2023, the EWI has an annual expense ratio of 0.47%, a dividend yield of 3.37%, and total net assets of $2.6 billion.
Regarding earnings and growth, it's important to note that EWI is an ETF that tracks an index of Italian stocks, rather than a single company. Therefore, it doesn't have its own earnings or growth figures. However, the ETF can be analyzed based on various metrics, such as price-to-earnings ratio, price-to-book ratio, and dividend yield, to help investors evaluate its valuation and income potential.
As of February 28, 2023, the trailing 12-month price-to-earnings ratio of EWI is 9.49x, while the price-to-book ratio is 1.06x. Additionally, the ETF has a 5-year annualized return of 2.23%, which reflects the overall performance of the Italian equity market during that time period.
In summary, the iShares MSCI Italy ETF (EWI) provides investors with a convenient way to gain exposure to the Italian equity market, specifically large- and mid-capitalization Italian stocks. While it doesn't have its own earnings or growth figures, it can be analyzed using various metrics to help investors evaluate its valuation and income potential.