iShares MSCI Spain ETF (EWP) is a Europe-focused ETF. As of October 28, 2026, ETF Copilot scores EWP 4.2 out of 10 — highest on Return (7.6), lowest on Growth (0.8). It trades at 13.2 times earnings, against its own median of 11.8. Its ten largest holdings are 74% of the fund.
What stands out in EWP's data
Spanish large- and mid-cap stocks, weighted by market size.
Trades cheaper than the broad European market — you pay less for each dollar of earnings.
Trailing P/E multiple of 13.2x sits below the European peer median of 16.4x. Top holdings concentration is 73.9%.
A single-country position for a portfolio that already holds broad European exposure.
Why did EWP move this week? It fell 2.7% in the week to October 28, 2026 — Banco Santander and Banco Bilbao Vizcaya Argentaria drove it
EWP fell 2.7% in the week to October 28, 2026. The holdings that moved it most were Banco Santander (−11.9%), Banco Bilbao Vizcaya Argentaria (−3.4%) and Caixabank (−4.6%); Iberdrola (+1.4%) pushed the other way.
How is EWP rated? ETF Copilot scores iShares MSCI Spain ETF (EWP) 4.2 out of 10
As of October 28, 2026, ETF Copilot scores iShares MSCI Spain ETF (EWP) 4.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.2 / 10
- Growth: 0.8 / 10
- Value: 2.5 / 10
- Risk: 4.3 / 10
- Quality: 5.9 / 10
- Return: 7.6 / 10
Is EWP expensive right now? It trades at 13.2 times earnings, against its own median of 11.8
As of October 28, 2026, EWP is more expensive than 69% of its own last 9 years.
Trailing 12 months, built from EWP's holdings. How we calculate this →
What's inside EWP?
What's inside EWP: Size (Large 72%, Mid 28%, Small 0%); Geography (International 100%, US 0%); Tech 1.9%.
What are EWP's top holdings? The ten largest are 74% of the fund
Banco Santander, Iberdrola, Banco Bilbao Vizcaya Argentaria, Repsol, Industria de Diseno Textil, Amadeus IT, Caixabank, Aena SME, Ferrovial and Banco de Sabadell are EWP's largest holdings, in that order.
More concentrated than 91% of Europe ETFs.
Half of EWP's weight sits in its 5 largest positions, and once those weights are taken into account it behaves like 11 equally weighted holdings.
What is EWP's expense ratio? 0.50% a year
As of October 28, 2026, EWP charges 0.50% a year, yields 2.93% and holds $2.0B in assets across 25 positions.
| Measure | EWP |
|---|---|
| Expense ratio | 0.50% |
| Dividend yield | 2.93% |
| Assets under management | $2.0B |
| Holdings | 25 |
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 Spain ETF (EWP) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/ewp
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