For a strong buy ETF quoted in Italy, we should focus on ETFs that offer exposure to Italian equities and have a history of strong performance. Here are the criteria we will use:
- Exposure to Italian Equities
- Strong Performance
- 1-Year Percentage Change > 10%
- 3-Year Percentage Change > 15%
Unfortunately, no ETFs were found that meet all these criteria. However, we can look at other strong performers that might align with your investment goals.
iShares MSCI Italy ETF (EWI):
- This ETF offers exposure to Italian equities through a diverse mix of mid and large-cap companies.
- It has a strong portfolio that includes industry giants like UniCredit, ENEL, Ferrari, Intesa Sanpaolo, and Stellantis, providing broad exposure to various sectors.
- EWI's sector composition highlights strengths in Financials, Consumer Discretionary, Utilities, Energy, Industrials, and Healthcare, showcasing Italy's economic diversity1.
- EWI has a Zacks ETF Rank #1 (Strong Buy) and is considered a solid investment option for Italian equities2.
Franklin FTSE Italy ETF (FLIY):
- This ETF also offers exposure to Italian equities and has a similar investment objective to EWI.
- FLIY seeks to replicate the performance of the FTSE Italy Capped Index, which includes Italian companies across multiple sectors.
- Like EWI, FLIY provides investors with exposure to a broad range of Italian stocks and aims to deliver long-term capital appreciation3.
In conclusion, while no ETF perfectly matches all the criteria, the iShares MSCI Italy ETF (EWI) is a strong performer that aligns well with a buy-and-hold strategy and has a proven track record of delivering solid returns, making it worthy of consideration for a strong buy ETF quoted in Italy.