A peek under the hood of the Spanish ETF (EWP) shows banks Santander (STD) and BBVA making up...

|By:, SA News Editor

A peek under the hood of the Spanish ETF (EWP) shows banks Santander (STD) and BBVA making up about 33% of the holdings, with Telefonica (TEF) roughly another 18%. Electric utility Iberdrola (IBDRY.PK) and oil giant Repsol (REPYY.PK) account for just under 5% each of the fund's assets.