EWP vs. EWI ETF Comparison

Comparison of iShares MSCI Spain Capped Index Fund (EWP) to iShares MSCI Italy Capped Index Fund (EWI)

EWP

iShares MSCI Spain Capped Index Fund

EWP Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Spain 25/50 Index. The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The MSCI Spain 25/50 Index consists of stocks traded primarily on the Madrid Stock Exchange. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Spain 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.45

Average Daily Volume

339,076

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

EWI

iShares MSCI Italy Capped Index Fund

EWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (the "underlying index"). The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The MSCI Italy 25/50 Index consists of stocks traded primarily on the Milan Stock Exchange. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Italy 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.28

Average Daily Volume

419,250

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	EWP	EWI
30 Days	0.18%	0.39%
60 Days	1.12%	-1.65%
90 Days	8.83%	6.52%
12 Months	27.80%	28.19%

0 Overlapping Holdings

	Symbol	Grade	Weight in EWP	Weight in EWI	Overlap

EWP Overweight 5 Positions Relative to EWI

	Symbol	Grade	Weight
	SAN	A	15.52%
	BBVA	B	11.48%
	TEF	D	4.63%
	AMS	C	4.5%
	RACE	B	4.44%

EWP Underweight 2 Positions Relative to EWI

	Symbol	Grade	Weight
	E	D	-4.13%
	STLA	F	-3.69%

EWP: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Medical Care Telecom Services

Keywords: Asset Management Bank Investment Banking Wholesale Banking ADSL Automotive Industry Banco Bilbao Vizcaya Argentaria Banco Santander Banking Bbva Francés Brain Tumor Broadband Broadband Access Cars Chrysler Clinical Medicine Cloud Computing Collection Services Connection Services Construction Real Estate

EWI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Oil & Gas Integrated

Keywords: Automotive Manufacturers Cars Chemical Chrysler Elastomer Electricity Fiat Fiat Chrysler Automobiles Field Services Gas Exploration Gas Marketing Intermediate Product Intermediate Products Liquefied Natural Gas Mergers And Acquisitions Natural Gas Natural Gas Exploration Oil And Gas Exploration Oilfield Services Petroleum