Key stats
About iShares Inc iShares MSCI Belgium ETF
Expense ratio
0.50%
Home page
Inception date
Mar 12, 1996
EWK covers the all cap space of the Belgium market. No ETF can fully replicate the Belgian market due to RIC diversification rules. The colossal Anheuser-Busch InBev represents over half of the Belgian market, but RIC rules force funds to cap exposure to a single constituent at 25%. Therefore, EWK is forced to underweight Anheuser-Busch InBev to about a quarter of the total portfolio, and each sector outside consumer cyclicals is consistently over-weighted by a few percentage points. Specifically the constraints includes that the sum of the weights of all issuers representing more than 5% of the index should not exceed 50%. The index is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Health Technology
Stocks99.71%
Finance31.13%
Consumer Non-Durables24.55%
Health Technology18.85%
Consumer Services4.25%
Commercial Services4.23%
Industrial Services3.29%
Non-Energy Minerals2.66%
Process Industries2.51%
Utilities1.88%
Retail Trade1.75%
Electronic Technology1.72%
Producer Manufacturing1.20%
Distribution Services0.93%
Communications0.77%
Bonds, Cash & Other0.29%
Cash0.29%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history