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iShares MSCI Spain ETF(EWP)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for EWP
11/13/2026: EWP (3-star) is currently NOT-A-BUY. Pass it for now.
The iShares MSCI Spain ETF (EWP) offers investors targeted exposure to the Spanish equity market by tracking the MSCI Spain 25/50 Index. Its primary strength lies in its status as the leading, liquid, and accessible vehicle for Spanish-specific investment, managed by the reputable BlackRock. It is best utilized as a tactical building block in a portfolio to gain regional exposure, though investors should be aware of its concentration in the banking sector and the inherent volatility of single-country investing. It is most suitable for investors comfortable with country-specific risk who wish to monitor Spanish economic health, financial sector performance, and Eurozone monetary conditions.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Spanish equity markets often prioritize established dividend-paying companies over high-growth technology firms. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may find opportunities during periods of Spanish market outperformance when the upturn signal is active. |
| Value investor | Strong fit | The Spanish index is often characterized by lower valuation multiples, appealing to investors looking for value in European financials and utilities. |
| Dividend/Income investor | Strong fit | Many major components within the Spanish market are mature, dividend-paying companies in the banking and utility sectors. |
| Low-risk investor | Weak fit | Single-country exposure carries significant idiosyncratic risk compared to diversified global or developed market ETFs. |
Investor Profile
Ideal Investor Profile
The ideal investor for EWP is someone looking for tactical, specific exposure to the Spanish equity market, likely for portfolio diversification or to capitalize on a regional economic thesis.
Suitability
EWP is best suited for long-term investors using it as a tactical component or for sophisticated traders monitoring the Spanish market.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Single-country ETFs are subject to greater price swings based on domestic political and economic events. |
| Market risk | High | The fund's value is directly tied to the overall performance of the Spanish equity market. |
| Concentration | High | The index is concentrated in specific sectors like financials, making it sensitive to industry-specific shocks. |
| Tracking/expense | Low | The fund maintains a low expense ratio and tracks its index with high fidelity. |
| Liquidity | Low | Trading volume is sufficient to prevent major liquidity risks for standard investor sizes. |
| Business/sector quality | Medium | The focus on large, mature companies provides a degree of fundamental stability, though cyclicality remains a concern. |
Sector & Industry Intelligence
This fund is not assigned to one sector.
Risk Analysis
Volatility
EWP exhibits high volatility characteristic of single-country emerging and developed market funds, driven by localized economic factors.
Market Risk
The primary risk is market risk, as EWP is fully exposed to the fluctuations of the Spanish stock market and its concentration in the banking sector.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | Spanish Equities | 99 | This represents the core allocation to the Spanish stock market, capturing the performance of its leading public companies. |
| Cash/collateral | Cash and Cash Equivalents | 1 | A small liquidity buffer is maintained to manage daily fund operations and redemptions. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 40.86% | Avg. Invested days 65 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/13/2026 |
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