iShares MSCI Australia ETF vs Materials Select Sector SPDR Fund — how do they compare? iShares MSCI Australia ETF trades at $30.23, while Materials Select Sector SPDR Fund trades at $53.18. Which is the better fit depends on your goals.
| EWA | XLB | |
|---|---|---|
Sector | Broad Market / Factor | — |
52-Week High | $30.41 | $53.62 |
52-Week Low | $24.95 | $42.23 |
Trailing returns across standard periods
EWA tracks the MSCI Australia Index, providing broad exposure to large and mid-cap companies in the Australian equity market. It is structurally dominated by the financial and materials sectors, serving as a key instrument for investors seeking a single-country view of Australia's resource-rich and stable economy.
Read more on EWA →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →