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iShares MSCI Spain ETF (EWP)

Focused Region | Exchange Traded Fund | NYSEArca
58.94 USD -0.51 (-0.858%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 58.94

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 4:29 a.m. EDT

The iShares MSCI Spain ETF presents a compelling case for a medium-to-long-term hold, driven by a powerful multi-year recovery trend that has erased previous decade-long losses. Fundamentally, the asset is showing signs of robust health: it trades at a reasonable 15.5x earnings and 2.2x book value, while boasting a 77% cumulative gain over the last nine years. Crucially, the most recent annual performance was a strong 35% rally, breaking a streak of volatility and confirming that the bull case for Spanish equities—cited in headlines regarding AI investment and moderating inflation—is gaining traction. While the short-term outlook is mixed due to geopolitical headlines regarding US trade threats, the underlying business quality and price momentum suggest the market is currently pricing in excessive fear. The 2.8% dividend yield provides a modest floor, though it is not the primary driver of value here. Investors should view the recent pullback as a buying opportunity rather than a warning sign, given the asset's proven ability to rebound strongly after corrections.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_52 ✓0.018515
AutoETS0.020644
MSTL0.022248
AutoTheta0.022545
MSTL_1150.025599
AutoARIMA0.028116
MSTL_52_1150.028918

Forecast horizon: 60 days | Selected: MSTL_52

Forecast Reliability
Score 56%
H-stat 1.39
Ljung-Box p 0.000
Jarque-Bera p 0.311
Excess Kurtosis -0.65
Attribute Value
Trailing P/E 15.37

As of July 11, 2026, 4:29 a.m. EDT: Speculators are positioning defensively against a potential downside gap. Put open interest is heavily skewed toward out-of-the-money strikes (92% OTM), with massive concentration at the $40 strike, suggesting a hedge against a severe crash or a 'buy the dip' strategy. Conversely, call activity is concentrated in-the-money, indicating investors are betting on a continued recovery rather than a reversal to new highs.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.58% 2.98% 3.31% 3.20%
Dividend History
Date Dividend Yield %
2026-06-15 0.924 1.584906
2025-12-16 0.740 1.399395
2025-06-16 0.484 1.111366
2024-12-17 0.819 2.599175
2024-06-11 0.533 1.662508
2023-12-20 0.475 1.583861
2023-06-07 0.352 1.284672
2022-12-13 0.371 1.525493
2022-06-09 0.372 1.494576
2021-12-13 0.435 1.751208
2021-06-10 0.429 1.430477
2020-12-30 0.068 0.247723
2020-12-14 0.411 1.509919
2020-06-15 0.214 0.945230
2019-12-16 0.678 2.350087
2019-06-17 0.397 1.400353
2018-12-18 0.520 1.912468
2018-06-19 0.469 1.528683
2017-12-19 0.580 1.758108
2017-06-20 0.311 0.953695
2016-12-21 0.681 2.576617
2016-06-22 0.551 2.072987
2015-12-21 0.523 1.854610
2015-06-25 0.566 1.612536
2014-12-17 1.051 2.981560
2014-06-25 0.582 1.356960
2013-12-18 0.579 1.576797
2013-06-27 0.516 1.842857
2012-12-18 0.728 2.455312
2012-06-21 0.675 2.939896
2011-12-20 2.121 7.037160
2011-06-22 0.802 1.964723
2010-12-21 1.111 3.001892
2010-06-23 1.037 2.990196
2009-12-22 1.222 2.546364
2009-06-23 0.825 2.150678
2008-12-23 1.541 4.232354
2008-06-25 1.142 2.044397
2007-12-20 1.158 1.837512
2006-12-20 0.383 0.715086
2005-12-23 0.741 2.048093
2004-12-23 0.611 1.741237
2003-12-22 0.269 0.998145
2002-12-23 0.156 0.873950
2001-08-24 0.163 0.739229
2000-12-20 0.950 4.380403
2000-08-24 0.949 3.853807
1999-08-25 1.086 4.207264
1998-12-22 0.396 1.336709
1998-08-25 0.725 2.716628
1997-12-23 0.023 0.111854
1997-08-25 1.090 5.872054
1996-12-23 0.031 0.183026
1996-08-26 0.314 2.213216
Additional Data
trailingAnnualDividendRate 0.693
trailingAnnualDividendYield 0.011656854
dividendYield 2.81

Info Dump

Attribute Value
All Time High 71.85
All Time Low 13.375
Ask 0.0
Ask Size 700
Average Daily Volume10 Day 492,810
Average Daily Volume3 Month 378,659
Average Volume 378,659
Average Volume10Days 492,810
Beta3 Year 0.86
Bid 0.0
Bid Size 200
Book Value 27.277
Category Focused Region
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 59.58
Day Low 58.845
Dividend Yield 2.81
Eps Trailing Twelve Months 3.8344212
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 57.6978
Fifty Day Average Change 1.242199
Fifty Day Average Change Percent 0.021529399
Fifty Two Week Change Percent 34.077583
Fifty Two Week High 60.49
Fifty Two Week High Change -1.550003
Fifty Two Week High Change Percent -0.02562412
Fifty Two Week Low 43.45
Fifty Two Week Low Change 15.489998
Fifty Two Week Low Change Percent 0.35650167
Fifty Two Week Range 43.45 - 60.49
Financial Currency USD
First Trade Date Milliseconds 827,159,400,000
Five Year Average Return 0.1996498
Full Exchange Name NYSEArca
Fund Family iShares
Fund Inception Date 826,588,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization-weighted index that is designed to measure the performance of the large- and mid-capitalization segments of the equity market in Spain. The fund is non-diversified.
Long Name iShares MSCI Spain ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_6456912
Nav Price 59.31787
Net Assets 1,886,947,970.0
Net Expense Ratio 0.5
Open 59.47
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 58.94
Post Market Time 1,783,976,700
Previous Close 59.45
Price Hint 2
Price To Book 2.1607947
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.510002
Regular Market Change Percent -0.857867
Regular Market Day High 59.58
Regular Market Day Low 58.845
Regular Market Day Range 58.845 - 59.58
Regular Market Open 59.47
Regular Market Previous Close 59.45
Regular Market Price 58.94
Regular Market Time 1,783,972,800
Regular Market Volume 261,898
Shares Outstanding 37,350,000
Short Name iShares MSCI Spain ETF
Source Interval 15
Symbol EWP
Three Year Average Return 0.3027285
Total Assets 1,886,947,968
Tradeable 0
Trailing Annual Dividend Rate 0.693
Trailing Annual Dividend Yield 0.011656854
Trailing P E 15.37129
Trailing Peg Ratio None
Trailing Three Month Nav Returns 11.89921
Trailing Three Month Returns 11.89921
Triggerable 1
Two Hundred Day Average 54.4078
Two Hundred Day Average Change 4.5322
Two Hundred Day Average Change Percent 0.08330055
Type Disp ETF
Volume 261,898
Yield 0.028099999
Ytd Return 12.12703