Symbols

EWO

iShares MSCI Austria ETF·ARCA

--(--)

Key Stats

Assets Under Management

143.90MUSD

Fund Flows (1Y)

51.03MUSD

Dividend Yield

3.72%

Discount/Premium to NAV

-0.12%

Shares Outstanding

3.75M

Expense Ratio

0.49%

About iShares MSCI Austria ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/239609/ishares-msci-austria-capped-etf

Inception Date

Mar 12, 1996

Structure

Open-Ended Fund

Index Tracked

MSCI Austria IMI 25/50 Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

EWO is the first Austria-focused ETF. This plain-vanilla fund offers "pure” exposure to the broad Austrian equity market. As such, EWO is highly concentrated, with majority of the fund's assets in its top-10 holdings. Since financial firms dominate the Austrian market, the same holds true for EWO's portfolio. In addition, the fund applies a 25/50 capping methodology on its market-cap-weighting, and comes with some tweaks designed to make it RIC compliant. Although Austria may not be the most popular European market for ETF investors, EWO does an adequate performance. The index is rebalanced quarterly.