ETF Research and Analysis

by Thomas Boccellari
Suitability
IShares MSCI Italy Capped EWI offers exposure to large- and mid-cap stocks in Italy. But although it covers 85% of the country’s investable market capitalization, the fund has fewer than 30 holdings and is heavily concentrated.  Read more 

Bull Case

Italy’s economy has been improving thanks to actions taken by the new Prime Minister.
This is the only fund that provides targeted exposure to the Italian stock market. Read more 

Bear Case

The fund holding’s high concentration increases volatility.
A strengthening dollar can diminish the return of the fund, even if its holdings appreciate in value.
Italy’s restrictive labor laws may continue to weigh on the profitability of the fund’s holdings. Read more 

Active or Index for Overseas Exposure? 
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