EWN: ISHARES MSCI NETHERLANDS ETF
What this ETF is trying to do
The ISHARES MSCI NETHERLANDS ETF (EWN) is an exchange-traded fund designed to track companies in the Netherlands. Instead of buying just one company, this ETF allows investors to own a small piece of many different businesses at once. Based on the Top Holdings provided, this fund includes companies like ASML HOLDING NV and ING GROEP NV. Because the list of holdings is partial, these are just some of the largest companies in the fund, not all of them.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only how much the share price has changed.
• Total Return: This includes both the change in share price and any cash distributions (dividends) paid out to investors.
For EWN, the numbers show growth over different time periods:
• Year-to-Date (YTD): The price return is approximately 16.85%, while the total return is approximately 17.98%.
• One Year: The price return was approximately 15.11%, and the total return was approximately 20.68%.
• Three Years: The price return was approximately 76.44%, and the total return was approximately 92.63%.
To visualize the price change, we can look at an estimated price from roughly one year ago, which was about $57.89. The current price is $66.64.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. This ETF has a distribution yield of approximately 4.26%. This means the cash paid out is about 4.26% of the current share price. Over the last 12 months, there were two distributions.
It is important to remember that a high distribution yield is not the same as total return. While distributions provide cash, they are separate from the growth of the share price itself.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF decreases significantly over time. Some investors worry that high payouts might cause this. However, for EWN, the erosion-risk score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Pros
• Strong Historical Returns: The fund has shown significant total returns over the last one, three, and five years.
• Income Potential: The fund has an income rating grade of "A," suggesting it provides regular distributions.
• Low Erosion Risk: The data shows no detected price erosion.
Cons
• Irregular Payouts: The distribution frequency is described as "irregular" or "less frequent," meaning you might not receive cash on a set monthly schedule.
• Partial Data: The list of holdings provided is only a partial list of the 59 total companies in the fund.
Beginner takeaway
The ISHARES MSCI NETHERLANDS ETF (EWN) tracks companies in the Netherlands and has shown both share-price growth and total returns over several years. It also provides cash distributions, though these occur irregularly. When looking at this ETF, remember to distinguish between the price return (the change in share value) and the total return (which includes the cash distributions).
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML HOLDING NV | n/a | 24.88% |
| 2 | ING GROEP NV | n/a | 9.08% |
| 3 | PROSUS NV ORDINARY SHARES CLASS N | n/a | 5.50% |
| 4 | ASM INTERNATIONAL NV | n/a | 4.22% |
| 5 | NEBIUS GROUP NV SHS CLASS-A- | NBIS | 3.76% |
| 6 | KONINKLIJKE AHOLD DELHAIZE NV | n/a | 2.99% |
| 7 | ABN AMRO BANK NV | n/a | 2.65% |
| 8 | ADYEN NV | n/a | 2.58% |
| 9 | AERCAP HOLDINGS NV | AER | 2.54% |
| 10 | HEINEKEN NV | n/a | 2.38% |