EWP

EWP is a passive equity ETF built to track the MSCI Spain 25/50 Index, giving market-cap-weighted exposure to large- and mid-cap Spanish companies traded primarily in Spain. It uses issuer caps (25% max in any single name, and big positions above 5% can’t exceed 50% combined) to satisfy RIC diversification rules while still staying “Spain-first.” The index refreshes quarterly and the fund may use representative sampling and limited derivatives to keep tracking tight.