ETF Copilot
Asia Pacific

Is EWA a good investment?

Updated October 9, 2026

iShares MSCI Australia ETF (EWA) is a Asia-Pacific regional ETF. As of October 9, 2026, ETF Copilot scores EWA 3.1 out of 10 — highest on Risk (5.0), lowest on Growth (1.4). It trades at 20.3 times earnings, against its own median of 16.8. Its ten largest holdings are 66% of the fund.

What stands out in EWA's data

Australian large- and mid-cap stocks, heavy on financials and miners.

Earns more on its operations than most Asia-Pacific peers — a wider profit margin from the same revenue.

EBITDA margin of 40.7% sits above the category median of 29.8% and its own five-year median of 34.9%. Top holdings concentration is 65.5%.

A single-country position in Australia's resource-and-bank economy, for portfolios seeking international income.

Why did EWA move this week? It rose 1.1% in the week to October 9, 2026 — CSL LTD Australia and Goodman drove it

EWA rose 1.1% in the week to October 9, 2026. The holdings that moved it most were CSL LTD Australia (+5.4%), Goodman (+5.4%) and Woodside Energy (+4.0%); Commonwealth Bank of Australia (−0.9%) pushed the other way.

How is EWA rated? ETF Copilot scores iShares MSCI Australia ETF (EWA) 3.1 out of 10

As of October 9, 2026, ETF Copilot scores iShares MSCI Australia ETF (EWA) 3.1 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 3.1 / 10
  • Growth: 1.4 / 10
  • Value: 3.3 / 10
  • Risk: 5.0 / 10
  • Quality: 4.5 / 10
  • Return: 2.4 / 10

Is EWA expensive right now? It trades at 20.3 times earnings, against its own median of 16.8

As of October 9, 2026, EWA is more expensive than 75% of its own last 9 years.

Trailing 12 months, built from EWA's holdings. How we calculate this →

What's inside EWA?

What's inside EWA: Size (Large 73%, Mid 27%, Small 0%); Geography (International 100%, US 0%); Tech 0.8%.

What are EWA's top holdings? The ten largest are 66% of the fund

BHP, Commonwealth Bank of Australia, National Australia Bank, Westpac Banking, Australia & NEW Zealand Banking, Macquarie, CSL, Wesfarmers, Woodside Energy and Rio Tinto are EWA's largest holdings, in that order.

More concentrated than 74% of Asia Pacific ETFs.

Half of EWA's weight sits in its 6 largest positions, and once those weights are taken into account it behaves like 15 equally weighted holdings.

What is EWA's expense ratio? 0.50% a year

As of October 9, 2026, EWA charges 0.50% a year, yields 2.96% and holds $1.2B in assets across 47 positions.

iShares MSCI Australia ETF (EWA) — cost, income and size
MeasureEWA
Expense ratio0.50%
Dividend yield2.96%
Assets under management$1.2B
Holdings47

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “iShares MSCI Australia ETF (EWA) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/ewa

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