iShares MSCI Australia ETF (EWA)

australia asia-pacific natural-resources

Offers investors exposure to a broad swath of the Australian equity market. Tracking the MSCI Australia Index, this fund provides a window into the performance of large and mid-cap Australian stocks, effectively serving as a barometer for the nation's economic health. With a portfolio heavily weighted towards financials and materials sectors, EWA reflects Australia's resource-rich economy and its robust banking system. The fund's performance is inextricably linked to commodity prices and the broader Asia-Pacific economic landscape, making it a useful tool for investors seeking to diversify their global holdings. However, potential investors should be mindful of currency fluctuations between the Australian dollar and their home currency, as these can significantly impact returns.