EWP vs. BINV ETF Comparison

Comparison of iShares MSCI Spain Capped Index Fund (EWP) to Brandes International ETF (BINV)

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

$34.27

Average Daily Volume

339,076

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BINV

Brandes International ETF

BINV Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of foreign companies. The fund typically invests in foreign companies with market capitalizations (market value of publicly traded equity securities) greater than $5 billion at the time of purchase.

Grade (RS Rating)

Last Trade

$31.22

Average Daily Volume

18,488

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EWP	BINV
30 Days	0.18%	-4.12%
60 Days	1.12%	-2.14%
90 Days	8.83%	5.13%
12 Months	27.80%	21.53%

0 Overlapping Holdings

	Symbol	Grade	Weight in EWP	Weight in BINV	Overlap

EWP Overweight 5 Positions Relative to BINV

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 19 Positions Relative to BINV

Symbol	Grade	Weight
BABA	B	-2.97%
ERJ	C	-2.15%
GRFS	B	-2.03%
SAP	B	-1.85%
SNN	F	-1.82%
ABEV	F	-1.75%
PHG	D	-1.6%
NVS	D	-1.55%
BCS	B	-1.34%
OTEX	F	-1.28%
CX	F	-1.27%
E	D	-1.21%
HMC	F	-1.2%
MUFG	A	-0.86%
TSM	B	-0.8%
SHG	D	-0.79%
VIV	F	-0.78%
GSK	F	-0.32%
BCS	B	-0.08%

EWP: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Medical Care Telecom Services