Ishares Msci Spain ETF vs ArcelorMittal SA — how do they compare? Ishares Msci Spain ETF trades at $57.83 (market cap $2.36B), while ArcelorMittal SA trades at $64.02 (market cap $47.06B). The key difference: ArcelorMittal SA is far larger — about 19.9× Ishares Msci Spain ETF's market cap, and ArcelorMittal SA pays a 0.96% dividend while Ishares Msci Spain ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold Ishares Msci Spain ETF for 40 Days and ArcelorMittal SA for 36 Days on average.
| EWP | MT | |
|---|---|---|
Market Cap | $2.36B | $47.06B |
Volume | 297,635 | 1,545,197 |
Sector | Broad Market / Factor | Basic Materials |
52-Week High | $63.23 | $78.74 |
52-Week Low | $48.33 | $36.91 |
Typical Hold Time | 40 Days | 36 Days |
Enterprise Value | — | $56.63B |
Dividend Yield | — | 0.96% |
Signals from Pluang's Aura AI — not financial advice
EWP, the iShares MSCI Spain ETF, trades at $57.82, down 1.73% on the day amid a bearish technical signal. The ETF offers concentrated exposure to Spanish equities with a discounted 16x P/E and 2.7% yield, heavily weighted in financials and utilities. Recent ECB rate hikes to 2.5% and energy-driven inflation pressures create macroeconomic headwinds for European markets.
While EWP provides attractive valuation and yield, the bearish technical outlook and ECB tightening cycle present near-term challenges. The concentrated portfolio in Spanish banks and utilities offers stability but limits diversification. Upside potential depends on Spain's economic resilience amid broader eurozone pressures.
ArcelorMittal (MT) trades at $62.32, down 4.4% today, with technical indicators signaling bearish momentum. The stock shows mixed fundamentals with revenue declining from $79.8B in 2022 to $61.4B in 2025, though net income improved to $3.2B. Recent news highlights operational disruptions at its Ukrainian plant with a potential $1B impairment charge, while analyst consensus remains positive with a $74.33 price target.
The outlook is cautious due to geopolitical risks and declining revenue trends, but valuation metrics appear reasonable with P/E of 26.2 and P/B of 0.86. Investment opportunity exists if European operations stabilize and growth projects deliver, though investors face headwinds from steel demand volatility and ongoing Ukraine-related impairments.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
EWP is a country-specific ETF that tracks the performance of the Spanish equity market. It provides targeted access to large and mid-sized companies in Spain, with heavy weightings in financials and utilities like Banco Santander and Iberdrola.
Read more on EWP →ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA
Read more on MT →