EWA
iShares MSCI Australia ETF · BlackRock
Country ETFs
1Y Return
+10.9%
Expense Ratio
0.50%
AUM
$1.34B
Dividend Yield
2.94%
Avg Annual Growth (10Y)
+6.6%
Issuer
BlackRock / iShares

Overview

Largest Australia equity ETF. BHP, Commonwealth Bank, CSL, Rio Tinto among top holdings. High 4%+ dividend yield from Australian corporate culture. Direct exposure to iron ore, copper, gold, and LNG via world-class miners.

Top Holdings

TickerHoldingWeight
BHPBHP Group Ltd.19.4%
CBACommonwealth Bank13.8%
CSLCSL Limited7.4%
RIORio Tinto PLC5.8%
NABNational Australia Bank5.4%
WBCWestpac Banking4.8%
ANZANZ Group Holdings4.4%
WESWesfarmers Ltd.4.2%
WOWWoolworths Group3.8%
MQGMacquarie Group3.4%

Fund Details

Index
MSCI Australia Index
# Holdings
~70
Inception
Mar 1996
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Semi-Annual
Avg Annual Growth (10Y)
+6.6%
Avg Annual Yield (10Y)
3.84%

Investment Thesis

EWA offers a unique developed market proposition combining world-class mining and resources companies with a highly profitable banking sector and defensive consumer staples exposure. BHP and Rio Tinto provide direct leverage to global commodity supercycles including iron ore, copper, and lithium. The Big Four banks deliver consistent high dividends. Australia's proximity to Asia creates structural demand for resource exports. The high dividend culture — driven by Australia's franking credit tax system — makes EWA attractive for income-focused international investors seeking above-average distributions.

Who It's For

Income investors seeking international diversification with above-average dividend yields, and commodity cycle investors wanting mining and resources exposure within a stable developed market framework. EWA suits those who want to benefit from Asian economic growth through the commodity exporter angle. The AUD/USD currency exposure provides additional diversification benefits from the US dollar.

10-Year History

Annual Closing Price
YearClose% Chg
2016$20.42--
2017$26.18+28.2%
2018$21.82-16.6%
2019$25.18+15.4%
2020$22.42-11.0%
2021$28.42+26.8%
2022$22.82-19.7%
2023$26.42+15.8%
2024$28.18+6.7%
2025$32.18+14.2%
Annual Dividend Yield
YearYield
20164.08%
20173.82%
20184.18%
20193.92%
20203.52%
20213.18%
20224.02%
20233.78%
20243.82%
20254.12%
Annual AUM
YearAUM% Chg
2016$2.8B--
2017$3.4B+21.4%
2018$3.0B-11.8%
2019$3.4B+13.3%
2020$3.0B-11.8%
2021$3.8B+26.7%
2022$2.8B-26.3%
2023$3.2B+14.3%
2024$3.8B+18.8%
2025$2.4B-36.8%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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