Paasa Logo
iShares MSCI Germany ETF logo
EWGAMEXMarket closedOpens 9:30am ET

iShares MSCI Germany ETF

$42.26Last updated
+$0.39 (0.93%)Past day
Timezone

iShares MSCI Germany ETF (AMEX: EWG) is an exchange-traded fund listed on NYSE Arca, trading at $42.26 (about ₹4,054 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.49% and holds 50 securities. Indian residents can buy EWG through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$42.11
Previous close:$41.87
Volume:644.36K

Today's low

$41.97

Today's high

$42.35

52 week low

$37.98

52 week high

$44.85

EWG opened at $42.11, closed previously at $41.87, and has traded between $37.98 and $44.85 over the past 52 weeks.

About

iShares, Inc. - iShares MSCI Germany ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of Germany. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the MSCI Germany Index, by using representative sampling technique. iShares, Inc. - iShares MSCI Germany ETF was formed on March 12, 1996 and is domiciled in the United States.

Issuer
IShares
Exchange listed on
AMEX
Asset class
Equity
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
1996
ISIN
US4642868065

Key statistics

Expense ratio

0.49%

Assets (AUM)

$1.5B

Holdings

50

NAV

$41.94

Avg. volume

—

1-year price change

+3.71%

5-year price change

+24.22%

Price change excludes dividends.

Top 10 holdings

1. SIEMENS N AG
12.1%
2. SAP
11.3%
3. ALLIANZ
9.7%
4. SIEMENS ENERGY N AG
6.7%
5. DEUTSCHE TELEKOM N AG
5.5%
6. INFINEON TECHNOLOGIES AG
4.5%
7. MUENCHENER RUECKVERSICHERUNGS-GESE
4.0%
8. DEUTSCHE BANK AG
3.2%
9. DHL AG
3.2%
10. DEUTSCHE BOERSE AG
3.1%

EWG holds 50 securities in total. These 10 are 63.3% of the fund.

Where the money is invested

Sectors

Industrials
28.7%
Financial Services
23.2%
Technology
15.9%
Consumer Cyclical
7.4%
Healthcare
7.0%
Communication Services
5.6%

Countries

Germany
99.4%
Netherlands
0.5%
Other
0.1%

How to buy EWG from India

Indian residents can buy EWG units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.

  1. Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Search EWG and buy

    Find the fund by its ticker, EWG, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Read the full guide: how to invest in EWG from India

Trading and taxes when buying EWG from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

What is the EWG price today?

iShares MSCI Germany ETF (EWG) last traded at $42.26 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹4,054 a unit at the 25 Sep 2026 USD/INR rate.

When does EWG trade, in Indian time?

NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

How big is EWG, and what does it cost to hold?

iShares MSCI Germany ETF manages about $1.5B. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 1996.

What are EWG's largest holdings?

The top three are SIEMENS N AG (12.1%), SAP (11.3%) and ALLIANZ (9.7%). EWG's 10 largest positions make up 63.3% of the fund.

Does EWG pay dividends?

Yes. EWG is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.

How are gains on EWG taxed in India?

Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.

Can I buy fractional units of EWG?

Yes. You can buy EWG by amount rather than by whole unit, and there is no minimum trade size.

How has EWG performed?

EWG's price is up 3.7% over the past year and up 24.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.