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EWD

GradeBNew York Stock Exchange Arca

iShares MSCI Sweden ETF

Countries & Regions · IShares · Inception 1996-03-11 · SEC filings

$51.24−0.95 (−1.82%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 58 prints from 52.19 to 51.24. Range 50.91 to 51.43. Use the arrow keys to read each point.$51.00$51.4010 AM12 PM2 PM4 PM
Expense ratio
0.51%
Fund size
$744M
1Y return
+13.5%
Yield · Last 12 months
3.44%
Holdings
39
Volume · 30D
0.2M sh
NAV per share
$51.65
52W range
low $45.34high $54.93

The ETF.net EWD Grade

B

57/ 100

Rank 8 of 12 in Europe Region⁠

Confidence High

Six-pillar profile for EWD. Scores out of 100: Cost 47, Risk 25, Mission 92, Tradability 60, Holdings 41, Durability 69. Strongest: Mission (92). Weakest: Risk (25). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 47
    Category rank7/12 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 92
    Category rank8/11 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 25
    Category rank11/12 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 60
    Category rank5/12 · top 42%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 41
    Category rank9/12 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 69
    Category rank4/12 · top 33%

Graded as of Sep 22, 2026

Our read on EWD

ETF.net Research

BSweden in one ticker, and it has been doing that job since 1996. Roughly 40 Swedish stocks, tracked closely, at a fee below the median for European single-country funds.

Stated mandate

The fund aims to follow an index made up of Swedish stocks.

Why people hold it

  1. 01Trading since 1996, back when single-country ETFs were a brand-new idea. Decades of live record to judge, not a back-test.
  2. 020.51% a year undercuts the 0.56% median for its European single-country peer group.
  3. 03Sticks close to its MSCI Sweden 25/50 benchmark, one of the stronger implementations in a small European peer group.
  4. 04Moderately traded with iShares plumbing behind it, so routine buys and sells rarely turn into an expedition.

Worth knowing

  1. 01About 40 stocks in one small open economy. A handful of Swedish heavyweights carry a lot of the weight here.
  2. 02The holdings trade in Swedish krona, so currency moves against the dollar feed straight into your dollar return, either direction.
  3. 03Not the cheap seat in the neighborhood: Global X's DAX runs 0.20% and iShares' own Switzerland fund, EWL, 0.50%.

EWD Holdings

As of Sep 22, 2026, 3:23 AM
Asset class
Stocks
Holdings
39
Top-10 weight
59%
Largest holding
639.DE10.0%

Sectors

  • Industrials46.0%
  • Financials24.9%
  • Communication14.0%
  • Technology6.2%
  • Materials3.0%
  • Consumer Discr.2.6%
  • Cons. Staples2.2%
  • Health Care1.1%

Geography

  • Sweden98.45%
  • Luxembourg1.15%
  • United Kingdom0.34%
  • United States0.05%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001639.DESPOTIFY TECHNOLOGY10.03%144,202$73M93
002INVE-B.STINVESTOR CLASS B9.54%1,699,764$70M79
003VOLV-B.STVOLVO CLASS B7.02%1,523,271$51M86
004ATCO-A.STATLAS COPCO CLASS A6.74%2,469,700$49M104
005SAND.STSANDVIK5.19%1,013,278$38M126
006SWED-A.STSWEDBANK4.47%802,504$33M103
007SEB-A.STSKANDINAVISKA ENSKILDA BANKEN4.45%1,412,434$33M94
008ASSA-B.STASSA ABLOY B4.42%917,424$32M101
009ERIC-B.STERICSSON B3.58%2,585,790$26M95
010ATCO-B.STATLAS COPCO CLASS B3.45%1,457,986$25M75
011SHB-A.STSVENSKA HANDELSBANKEN-A SHS2.89%1,363,620$21M91
012HEXA-B.STHEXAGON CLASS B2.67%2,022,673$20M92
013SAAB-B.STSAAB CLASS B2.61%312,231$19M88
014EPI-A.STEPIROC CLASS A2.15%616,765$16M92
015ALFA.STALFA LAVAL2.12%280,928$16M100

Showing 1–15 of 44 holdings

EWD Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EWD$11,354
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. EWD $11,354. SPY $11,723. Use the arrow keys to read each point.$9,348$10,678$12,008Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EWD. Periods over one year show the average yearly return.
PeriodEWD
Year to date+8.5%
1 month−2.7%
3 months+4.0%
1 year+13.5%
3 years+21.0%per year
5 years+5.9%per year
10 years+9.4%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EWD
YearReturn barEWD
2026 YTD+8.5%
2025+36.5%
2024−3.9%
2023+25.1%
2022−27.8%
2021+22.9%
2020+22.3%

EWD in the news

ETF.net Research hasn’t filed on EWD yet — coverage lands here as it’s written.

EWD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
3.44%Last 12 months
Payout per share
$1.80Last 12 months
Last payment
$1.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 18 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.76; Dec 19, 2017 $0.34; Jun 19, 2018 $1.44; Dec 18, 2018 $0.02; Jun 17, 2019 $0.95; Dec 16, 2019 $0.42; Jun 15, 2020 $0.10; Dec 14, 2020 $0.29; Jun 10, 2021 $1.12; Dec 13, 2021 $1.20; Dec 30, 2021 $0.20; Jun 9, 2022 $0.99; Dec 13, 2022 $0.20; Dec 20, 2023 $0.95; Jun 11, 2024 $0.66; Jun 16, 2025 $1.01; Dec 16, 2025 $0.60; Jun 15, 2026 $1.19. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.19
Dec 16, 2025Dec 19, 2025$0.60
Jun 16, 2025Jun 20, 2025$1.01
Jun 11, 2024Jun 17, 2024$0.66
Dec 20, 2023Dec 27, 2023$0.95
Dec 13, 2022Dec 19, 2022$0.20
Jun 9, 2022Jun 15, 2022$0.99
Dec 30, 2021Jan 5, 2022$0.20
Dec 13, 2021Dec 17, 2021$1.20
Jun 10, 2021Jun 16, 2021$1.12
Dec 14, 2020Dec 18, 2020$0.29
Jun 15, 2020Jun 19, 2020$0.10

EWD Risk

How much the fund’s monthly returns vary, scaled to a year.
19.0%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.86
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−42.2%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.09
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EWD Cost

Expense ratio0.51%
  • The middle half of Europe Region funds
  • Median 0.51%

6 of the 12 Europe Region funds charge less.

EWD costs $51.00 a year on $10,000. The median Europe Region fund costs $50.50.