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Launched · SEC filings

iShares MSCI Sweden ETF

EWDNYSE ArcaiSharesB

$52.62+0.46 (+0.88%)

At close: Nov 2, 2026, 4:00 PM ET

B59/ 100

Rank 8 of 12 in Europe Region

B59/100Rank 8 of 12inEurope Region
Intraday session: up, 79 prints from 52.16 to 52.62. Range 52.38 to 52.87. Use the arrow keys to read each point.52.4052.8010 AM12 PM2 PM4 PM
Expense ratio
0.51%
Fund size
$1.1B
1Y total return
+12.6%
Yield · Last 12 months
3.44%
Holdings
44
Avg volume · 30D
282K sh
52W range
low $45.34high $54.93
Launched
Filings
SEC EDGAR

The ETF.net EWD Grade

B

Score 59 out of 100

Category
Europe Region⁠
Rank
8 of 12
Six-pillar profile for EWD. Scores out of 100: Cost 47, Risk 35, Mission 92, Tradability 65, Holdings 41, Durability 69. Strongest: Mission (92). Weakest: Risk (35). Leans toward Mission.

Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C47 out of 100
    Rank 7 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A92 out of 100
    Rank 8 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D35 out of 100
    Rank 11 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B65 out of 100
    Rank 4 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C41 out of 100
    Rank 9 of 12

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 4 of 12

Our read on EWD

ETF.net Research

In short

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

  • Trading since 1996, back when single-country ETFs were a brand-new idea. Decades of live record to judge, not a back-test.
  • 0.51% a year undercuts the 0.56% median for its European single-country peer group.
  • Sticks close to its MSCI Sweden 25/50 benchmark, one of the stronger implementations in a small European peer group.
  • Moderately traded with iShares plumbing behind it, so routine buys and sells rarely turn into an expedition.

Worth knowing

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

EWD Holdings

Holdings pillarC41 out of 100Rank 9 of 12 in Europe Region
Asset class
Stocks
Holdings
44
Top-10 weight
59%
Largest holding
SPOT10.8%

Sectors

  • Industrials44.1%
  • Financials25.8%
  • Communication14.3%
  • Technology7.0%
  • Materials2.9%
  • Consumer Discretionary2.6%
  • Consumer Staples2.1%
  • Health Care1.2%

Geography

  • Sweden88.60%
  • United States11.00%
  • Spain0.40%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1SPOTSpotify Technology10.81%212,815$119M185
2INVE-B.STInvestor Class B9.90%2,508,530$109M81
3VOLV-B.STVolvo Class B6.45%2,248,059$70.7M90
4ATCO-A.STAtlas Copco Class A6.35%3,644,803$69.7M105
5SAND.STSandvik5.04%1,495,406$55.2M126
6ASSA-B.STAssa Abloy B4.84%1,353,943$53.1M104
7SWED-A.STSwedbank4.28%1,184,345$46.9M109
8SEB-A.STSkandinaviska Enskilda Banken4.03%2,085,677$44.2M99
9ERIC-B.STEricsson B3.86%3,819,165$42.3M98
10ATCO-B.STAtlas Copco Class B3.27%2,150,919$35.8M75
11HEXA-B.STHexagon Class B3.04%2,985,080$33.3M96
12SHB-A.STSvenska Handelsbanken-A Shs2.90%2,011,699$31.8M103
13SAAB-B.STSaab Class B2.88%460,795$31.6M79
14ESSITY-B.STEssity Class B2.11%832,636$23.1M81
15ALFA.STAlfa Laval2.11%414,596$23.1M103

Showing 1–15 of 44 holdings

EWD Performance

Launched Mar 12, 1996

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

EWD$11,263
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. EWD $11,263. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+8.4%
1 month+4.3%
3 months−0.4%
1 year+12.6%
3 yearsper year+22.3%
5 yearsper year+5.1%
10 yearsper year+10.1%

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+8.4%
2025+36.5%
2024−3.9%
2023+25.1%
2022−27.8%
2021+22.9%
2020+22.3%

EWD in the news

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 Oct 30, 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

See all 45 payments⁠

$10,000 in EWD 10 years ago paid $4,630 in dividends.⁠

EWD Risk

Risk pillarD35 out of 100Rank 11 of 12 in Europe Region
How much the fund’s monthly returns vary, scaled to a year.
19.2%
Annualised · 36 months to Oct 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.
0.92
vs 3-month T-bills · to Oct 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.
1.10
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.

FMP measures it over up to five years of monthly returns.

EWD Cost

Compare EWD and SPEU

Overpaying vs SPEU, cheapest in Europe Region

$8,685

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EWD 0.51%

    $10,165

  • SPEU 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • EWD 0.51%
  • SPEU 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530EWD $10,165SPEU $1,480

Year by year

YearEWDSPEUOverpaying
10$918$128$790
20$3,527$503$3,024
30$10,165$1,480$8,685

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