iShares MSCI Austria ETF (EWO) belongs to the Europe Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EWO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EWO
EWO charges 0.49% annually. There are 18 ETFs in the Europe Equities category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE Europe ETF | 0.06% | 38.10B | Mar 2005 | EWO vs VGK | |
| SPDR Portfolio Europe ETF | 0.07% | 713.01M | Oct 2002 | EWO vs SPEU | |
| Franklin FTSE United Kingdom ETF | 0.09% | 872.32M | Nov 2017 | EWO vs FLGB | |
| iShares Core MSCI Europe ETF | 0.09% | 8.67B | Jun 2014 | EWO vs IEUR | |
| Franklin FTSE Switzerland ETF | 0.09% | 82.44M | Feb 2018 | EWO vs FLSW |
Best Risk-Adjusted Alternatives to EWO
EWO has a PortfoliosLab risk / return rank of 81. No ETFs in the Europe Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 78.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Spain ETF | 78 | 1.97B | Mar 1996 | EWO vs EWP | |
| First Trust RiverFront Dynamic Europe ETF | 68 | 100.00K | Apr 2016 | EWO vs RFEU | |
| First Trust STOXX European Select Dividend Index F... | 67 | 835.32M | Aug 2007 | EWO vs FDD | |
| WisdomTree European Opportunities Fund | 65 | 274.12M | Mar 2015 | EWO vs OPPE | |
| Xtrackers MSCI Europe Hedged Equity Fund | 62 | 760.54M | Oct 2013 | EWO vs DBEU |
Top Performing EWO Alternatives (YTD)
EWO is at 20.31% YTD. No ETFs in the Europe Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 18.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Netherlands ETF | 18.79% | 519.60M | Mar 1996 | EWO vs EWN | |
| iShares MSCI Norway ETF | 18.48% | 92.06M | Jan 2012 | EWO vs ENOR | |
| Global X MSCI Norway ETF | 17.03% | 86.03M | Nov 2010 | EWO vs NORW | |
| iShares MSCI Poland ETF | 14.97% | 665.21M | May 2010 | EWO vs EPOL | |
| Portfolio Building Block European Banks Index ETF | 14.95% | 443.13M | Nov 2025 | EWO vs PBEU |
Lowest Volatility Alternatives to EWO
EWO has 19.55% 1-year volatility. There are 45 ETFs in the Europe Equities category with lower 1-year volatility, going as low as 7.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RiverFront Dynamic Europe ETF | 7.89% | 100.00K | Apr 2016 | EWO vs RFEU | |
| Xtrackers MSCI Europe Hedged Equity Fund | 13.12% | 760.54M | Oct 2013 | EWO vs DBEU | |
| ProShares MSCI Europe Dividend Growers ETF | 14.13% | 8.20M | Sep 2015 | EWO vs EUDV | |
| First Trust Switzerland AlphaDEX Fund | 14.38% | 37.05M | Feb 2012 | EWO vs FSZ | |
| WisdomTree European Opportunities Fund | 14.54% | 274.12M | Mar 2015 | EWO vs OPPE |
Lowest Drawdown Alternatives to EWO
EWO has a 1-year max drawdown of -14.08%. There are 37 ETFs in the Europe Equities category with shallower 1-year drawdowns, going as shallow as -5.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RiverFront Dynamic Europe ETF | -5.15% | 100.00K | Apr 2016 | EWO vs RFEU | |
| WisdomTree European Opportunities Fund | -8.83% | 274.12M | Mar 2015 | EWO vs OPPE | |
| First Trust STOXX European Select Dividend Index F... | -9.39% | 835.32M | Aug 2007 | EWO vs FDD | |
| Xtrackers MSCI Europe Hedged Equity Fund | -9.81% | 760.54M | Oct 2013 | EWO vs DBEU | |
| iShares MSCI United Kingdom ETF | -9.92% | 3.98B | Mar 1996 | EWO vs EWU |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | EWO vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -29.06% | 46.82B | Jan 2024 | EWO vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 93 | 84.03% | 47.60B | Jul 2001 | EWO vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 66 | 10.46% | 894.38B | May 2000 | EWO vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 13 | -1.48% | 42.18B | Jul 2002 | EWO vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 86 | 12.23% | 42.05B | Jun 2014 | EWO vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 27 | -19.03% | 28.37B | Apr 2006 | EWO vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 22 | -7.29% | 60.94B | Jan 2005 | EWO vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 19.72% | 83.34B | May 2000 | EWO vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 63 | 10.93% | 33.36B | Mar 2008 | EWO vs ACWI |
Often Compared With EWO
Investors most often compare EWO with EWA, EWQ, EWL. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare EWO with Any Fund or Stock
Compare EWO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EWO with funds that move differently
iShares MSCI Austria ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EWO.
Explore EWO Diversifiers