Is EWP a good investment?

iShares MSCI Spain ETF (EWP) is a Europe-focused ETF. As of September 11, 2026, ETF Copilot scores EWP 4.1 out of 10 — highest on Return (8.4), lowest on Growth (1.0). It trades at 14.0 times earnings, against its own median of 11.7. Its ten largest holdings are 75% of the fund.

Updated September 11, 2026

How is EWP rated? ETF Copilot scores iShares MSCI Spain ETF (EWP) 4.1 out of 10

As of September 11, 2026, ETF Copilot scores iShares MSCI Spain ETF (EWP) 4.1 out of 10 overall.

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

Overall: 4.1 / 10
Growth: 1.0 / 10
Valuation: 3.4 / 10
Risk: 3.0 / 10
Quality: 4.4 / 10
Return: 8.4 / 10

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

As of September 11, 2026, EWP charges 0.50% a year, yields 3.32% and holds $2.3B in assets across 25 positions.

iShares MSCI Spain ETF (EWP) — cost, income and size
Measure	EWP
Expense ratio	0.50%
Dividend yield	3.32%
Assets under management	$2.3B
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.

What stands out in EWP's data

Spanish large- and mid-cap stocks, weighted by market size.

Priced below the typical European peer — you pay less for each dollar of earnings.

Trailing P/E multiple of 14.0x sits below the European category median of 16.4x. Top holdings concentration runs at 74.4%.

A single-country position for a portfolio that already holds broad European exposure.

Why did EWP move this week? It fell 0.7% in the week to September 11, 2026 — Amadeus IT and Industria de Diseno Textil drove it

EWP fell 0.7% in the week to September 11, 2026. The holdings that moved it most were Amadeus IT (−5.5%), Industria de Diseno Textil (−5.0%) and Ferrovial (−3.4%); Iberdrola (+2.0%) pushed the other way.

Is EWP expensive right now? It trades at 14.0 times earnings, against its own median of 11.7

As of September 11, 2026, EWP is more expensive than 80% of its own 114 monthly readings since 2017 — 91 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside EWP?

What's inside EWP: Size (Large 73%, Mid 25%, Small 2%); Geography (International 98%, US 2%).

What are EWP's top holdings? The ten largest are 75% of the fund

Banco Santander, Banco Bilbao Vizcaya Argentaria, Iberdrola, Repsol, Caixabank, Industria de Diseno Textil, Amadeus IT, Ferrovial, Banco de Sabadell and Aena SME are EWP's largest holdings, in that order.

More concentrated than 95% of Europe ETFs.

Half of EWP's weight sits in its 4 largest positions, and once those weights are taken into account it behaves like 11 equally weighted holdings.

Cite this

ETF Copilot, “iShares MSCI Spain ETF (EWP) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/ewp