iShares Inc iShares MSCI Italy ETF (ARCA: EWI)

Ultime notizie per iShares Inc iShares MSCI Italy ETF (ARCA:EWI)

iShares Inc iShares MSCI Italy ETF

iShares MSCI Italy Capped Index Fund

Financial Services

Consumer Cyclical

Utilities

Industrials

Energy

Healthcare

Communication Services

Consumer Defensive

The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer exceeds 25% of the underlying index weight, and all issuers with a weight above 5% do not cumulatively exceed 50% of the underlying index weight. The fund is non-diversified.

Unicredit Spa

Stellantis N.V.

iShares MSCI Italy ETF

EDINBURGH WORLDWIDE INVES by Edinburgh Worldwide Investment Trust plc

WIIM

Shares of major Europe-related ETFs are trading lower as global markets continue to decline following President Trump's announcement of sweeping tariffs.

Shares of major Europe-related ETFs are trading lower as markets react to President Trump's announcement of sweeping tariffs.

Shares of major Europe-related ETFs are trading lower as investors await new auto tariff announcements by U.S. President Trump on Wednesday

News

Legal

Global

MSFT

Italy Has Handed Tax Demands To Meta, X And LinkedIn Over Vat Claim That Could Set EU Precedent

Shares of major Europe-related ETFs are trading lower, led by a decline in travel stocks, after the closure of Heathrow Airport following a fire at a nearby electrical substation.

Shares of major Europe-related ETFs are trading higher after the German parliament passed debt reforms which is expected to lead to an increase in defence and infrastructure spending.

Macro Economic Events

Politics

Economics

General

Italy's PM Meloni Says Europe Needs "Immediate And Structural Measures" To Curb High Energy Costs; We Must Continue To Work Pragmatically To Find Common Ground On Tariffs With The U.S. And Avert A Trade War; I Am Not Sure It Is Good To Respond To U.S. Tariffs With EU Tariffs

<a href="https://www.bloomberg.com/news/articles/2025-03-14/stellantis-to-shift-maserati-output-to-underused-italian-plant" title="https://www.bloomberg.com/news/articles/2025-03-14/stellantis-to-shift-maserati-output-to-underused-italian-plant">https://www.bloomberg.com/news/articles/2025-03-14/stellantis-to-shift-maserati-output-to-underused-italian-plant</a>

STLA

'Stellantis To Shift Maserati Output To Underused Italian Plant' - Bloomberg News

Shares of major Europe-related ETFs are trading higher after German lawmakers reportedly made progress toward an agreement on reforming the country's so-called debt brake rule.

Italy's Economy Minister Says Tariffs Announced By U.S. Administration Could Hurt Italian And EU Economies, With Ripple Effect On Global Trade

Shares of major Europe-related ETFs are trading lower amid global investor concerns regarding U.S. tariffs and trade policies, which is leading to bearish sentiment in markets.

Shares of Europe-related ETFs are trading higher after Germany announced a new $500 billion stimulus package.

Shares of Europe-related ETFs are trading higher as defense stocks surge following European leaders' peace plan talks and defense spending pledge.

Italy PM Meloni Says We Need Immediate Summit Between The United States, European States And Allies To Talk About Present Challenges, Starting With Ukraine; Every Division Of The West Makes Us All Weaker And Favors Those Who Would Like To See The Decline Of Our Civilization

Italy's PM Meloni's Office Says PM Meloni Met With Meta's Chief Global Affairs Officer To Explore Possible New Investments

Shares of Europe-related ETFs are trading higher amid reports Trump and Putin will "start negotiations immediately" over Russia and Ukraine, resulting in greater optimism toward equities in the region

Shares of Europe-related ETFs are trading higher following Trump's inauguration as global investors weigh the new administration's economic policies.

Investors on <a href="https://www.benzinga.com/topic/wall-street">Wall Street</a> are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. 
The Data: A <a href="https://x.com/MikeZaccardi/status/1869029356884078993">post</a> on X from Mike Zaccardi relayed data from the Bank of America fund manager survey.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BofA FMS: 4th biggest overweight of US relative to Eurozone equities since 2001 <a href="https://t.co/zouKCD0Zxb">pic.twitter.com/zouKCD0Zxb</a>
&mdash; Mike Zaccardi, CFA, CMT &#x1f356; (@MikeZaccardi) <a href="https://twitter.com/MikeZaccardi/status/1869029356884078993?ref_src=twsrc%5Etfw">December 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">The survey found fund managers&#8217; portfolios are significantly overweight American companies compared to European companies at a rarely seen mark. The last time such a pattern was observed was in the aftermath of the <a href="https://www.benzinga.com/topic/european-debt-crisis">European debt crisis</a> in the early 2010s.</figcaption></figure>
Meanwhile, the valuations of American companies are several standard deviations higher than European equities, <a href="https://x.com/porterstansb/status/1863619200037634296">according</a> to Bank of America.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The last time U.S. stocks were this overvalued versus the rest of the world was&#8230; well, never. <a href="https://t.co/tozSaNizrp">pic.twitter.com/tozSaNizrp</a>
&mdash; Porter Stansberry (@porterstansb) <a href="https://twitter.com/porterstansb/status/1863619200037634296?ref_src=twsrc%5Etfw">December 2, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">American exceptionalism in equity pricing has never been higher; positive market sentiment in American companies relative to Europe accelerated in the mid-to-late 2010s and continued to the present day. </figcaption></figure>
Country Data: American companies have yielded hefty gains in recent years. The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the 500 largest American companies, added more than 200% to its market value in the past 10 years, an annualized return of nearly 12%.
Meanwhile, European indices — and respective economies — have struggled.
The France-tracking iShares MSCI France ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWQ#NYSE">EWQ</a>) returned 46% in that time period, good for an annualized return of under 4%. The German-tracking iShares MSCI Germany ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWG#NYSE">EWG</a>) returned 18%, an annualized return of 1.68%. The Italian iShares MSCI Italy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWI#NYSE">EWI</a>) has returned around 24%, an annualized return of about 2.12%.
Other countries have fared worse. The Britain-tracking iShares MSCI United Kingdom ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWU#NYSE">EWU</a>) has shed over 9% since 2014. The Spanish iShares MSCI Spain ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWP#NYSE">EWP</a>) has lost over 12% of its market value in that time span. Both countries&#8217; annualized returns are close to zero percent. 
European Outliers: A few countries have far outperformed the rest of the European continent in recent years.
iShares MSCI Denmark ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/EDEN#BATS">EDEN</a>) returned over 138% since 2014, an annualized return of over 9%. The Danish economy has apparently benefitted from its exposure to the pharmaceutical industry.
iShares MSCI Ireland ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIRL#NYSE">EIRL</a>) is up 70% in that period, an annualized return of about 5.43%. Ireland boasts a low corporate tax rate of 12.5% and high levels of foreign investment.
Why it Matters: It is unclear whether the trend of American exceptionalism in equities pricing will continue into the next decade. As their respective economies ease back into moderate economic growth, European countries may benefit from leadership changes.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/retail-sales/24/12/42535296/stocks-slip-as-strong-november-retail-sales-raise-concerns-over-2025-fed-rate-cuts">Stocks Slip As Strong November Retail Sales Raise Concerns Over 2025 Fed Rate Cuts</a></li>
</ul>
Photo: Varavin88 via Shutterstock

Sector ETFs

Broad U.S. Equity ETFs

Eurozone

ETFs

EDEN

iShares MSCI Ireland Capped Investable Market Index Fund

EIRL

Investors Pour Money Into US Stocks, Shun Europe In Historic Fashion

<a href="https://www.bloomberg.com/news/articles/2024-12-09/meloni-stellantis-elkann-end-dispute-to-save-italy-auto-jobs" title="https://www.bloomberg.com/news/articles/2024-12-09/meloni-stellantis-elkann-end-dispute-to-save-italy-auto-jobs">https://www.bloomberg.com/news/articles/2024-12-09/meloni-stellantis-elkann-end-dispute-to-save-italy-auto-jobs</a>

Management

'Meloni, Stellantis' Elkann End Dispute To Save Italy Auto Jobs; Two Sides Are Looking To Repair Ties After CEO Was Ousted; Announcement On New Direction Could Come As Soon As Next Week' - Bloomberg News

Italy PM Says Government Does Not Want To Get Involved In Stellantis Management Reshuffle; We Want To Do Our Best To Defend Job Levels And Supply Chains In Talks With Stellantis To Revive Italian Automotive Sector; I Hope Planned Meeting With Stellantis On Dec. 17 Can Be Decisive

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iShares Inc iShares MSCI Italy ETF

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