Highlights

  • EWK targets Belgian equities.
  • The published expense ratio is 0.49%.
  • The fund's distribution frequency is semi-annual.

iShares MSCI Belgium ETF (NYSE Arca:EWK) seeks exposure to Belgian equities. With net asset value of USD 26.14 per share as of 30 October 2026, the fund reported net Assets of USD 246,733,962 as of 30 October 2026. Its Investment approach centres on tracking the MSCI Belgium IMI 25/50 index (Net).

Sector Composition Gives the Country Allocation Meaning

Belgian Equity exposure reflects the listed companies eligible for the benchmark, rather than an equal allocation to every domestic industry. Healthcare and consumer staples businesses have different Earnings drivers from banks and other financial companies. Their relative weights therefore influence how the portfolio responds to product demand, pricing and financial conditions. International Business operations can also extend economic exposure beyond Belgium.

Portfolio Composition and Exposure

EWK reported 38 holdings as of 29 October 2026. This count describes the portfolio at that date and can change as securities enter or leave the fund. It does not indicate that each position carries the same weight.

The published exposure breakdown as of 29 October 2026 included Health Care at 25.63% and Consumer Staples at 24.48%. These allocations show where a meaningful part of the portfolio's exposure was concentrated. The percentages can change with market values and portfolio adjustments.

Fees and Distribution Policy

EWK lists an expense ratio of 0.49%. This is an ongoing fund cost, rather than a charge covering every expense of buying or selling shares. Brokerage charges and the difference between buying and selling prices can add to an investor's transaction costs. Fund shares trade on NYSE Arca at market prices, which may differ from net asset value.

The stated distribution frequency is semi-annual. That schedule describes the timing framework for payments and does not establish a fixed amount. Distributions depend on the fund's available income and applicable distribution decisions. A cash payment also needs to be considered alongside changes in the value of the investment.

Key Insights

Company specific setbacks, sector concentration and changes in overseas revenues can affect the portfolio. Currency movements influence the US dollar value of underlying non US holdings. EWK's Belgian equity mandate is shaped by its healthcare, consumer staples and financial exposures, making the sector mix an essential part of the country allocation.