Skip to content
etf.net

Launched · SEC filings

iShares MSCI Switzerland ETF

EWLNYSE ArcaB

$59.89+0.39 (+0.66%)

At close: Oct 13, 2026, 4:00 PM

B63/ 100

Rank 7 of 12 in Europe Region

B63/100Rank 7 of 12inEurope Region
Intraday session: up, 79 prints from 59.50 to 59.89. Range 59.76 to 60.27. Use the arrow keys to read each point.59.6059.8060.0060.2010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$2.7B
1Y total return
+7.9%
Yield · Last 12 months
1.83%
Holdings
44
Avg volume · 30D
0.5M sh
NAV per share
$59.66
52W range
low $54.81high $65.53
Launched
Filings
SEC EDGAR

The ETF.net EWL Grade

B

Score 63 out of 100

Category
Europe Region⁠
Rank
7 of 12
Six-pillar profile for EWL. Scores out of 100: Cost 59, Risk 60, Mission 74, Tradability 77, Holdings 29, Durability 78. Strongest: Durability (78). Weakest: Holdings (29). No single pillar leads.

Score 63 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.
    B59 out of 100
    Rank 5 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A74 out of 100
    Rank 9 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 4 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A77 out of 100
    Rank 1 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 11 of 12

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A78 out of 100
    Rank 2 of 12

Our read on EWL

ETF.net Research

BOne US-listed ticker for Switzerland's blue chips: roughly 40 names, franc exposure included, running since 1996. A concentrated slice of a defensive market rather than a broad Europe fund.

Stated mandate

The fund seeks to track the MSCI Switzerland 25/50 Index (Net), an index representing Swiss equities.

Why people hold it

  1. 010.50% a year, below the median fee in its single-country Europe peer group.
  2. 02Listed since 1996 and now a multi-billion-dollar fund that trades at a moderate clip. Not a thin, fragile ticker.
  3. 03Plain wiring: it tracks the capped MSCI Switzerland 25/50 index, no currency hedge and no factor tilt bolted on.
  4. 04Ranks in the upper half of its single-country Europe cohort, ahead of hedged and factor-tilted takes on the region.

Worth knowing

  1. 01Roughly 40 stocks, and the index's capping rules only limit how far the biggest names run. Concentration is the price of pure Swiss exposure.
  2. 02No currency hedge, so Swiss franc moves against the dollar flow straight into results, unlike hedged cousins such as HEDJ.
  3. 03Single-country funds carry single-country fees: 0.50% is friendly for this group, but the cheapest name in it, DAX, runs 0.20%.

EWL Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
44
Top-10 weight
65%
Largest holding
ROP.SW14.2%

Sectors

  • Health Care38.1%
  • Financials20.0%
  • Consumer Staples13.2%
  • Industrials12.3%
  • Materials7.4%
  • Consumer Discretionary5.4%
  • Communication1.3%
  • Information Technology1.1%
  • Real Estate0.9%
  • Utilities0.4%

Geography

  • Switzerland100.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ROP.SWRoche Ps Par AG14.21%895,740$379M199
002NOVN.SWNovartis AG12.29%2,322,542$328M185
003NESN.SWNestle SA11.12%3,252,913$297M162
004UBSG.SWUbs Group AG6.25%3,580,357$167M138
005ABBN.SWAbb Ltd4.58%1,292,856$122M178
006ZURN.SWZurich Insurance Group AG4.56%177,066$122M153
007CFR.SWCompagnie Financiere Richemont SA4.25%561,491$114M127
008SREN.SWSwiss Re AG2.94%458,680$78M120
009LONN.SWLonza Group AG2.80%110,359$75M117
010GIVN.SWGivaudan SA2.32%15,106$62M110
011HOLN.SWHolcim Ltd AG2.25%796,642$60M118
012GALD.SWGalderma Group N AG2.20%300,730$59M131
013SDZ.SWSandoz Group AG2.11%677,705$56M110
014SIKA.SWSika AG1.98%257,552$53M109
015ALC.SWAlcon AG1.91%814,286$51M97

Showing 1–15 of 44 holdings

EWL 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.

EWL$10,794
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. EWL $10,794. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 EWL. Periods over one year show the average yearly return.
PeriodEWL
Year to date+1.0%
1 month−1.3%
3 months−5.5%
1 year+7.9%
3 yearsper year+12.7%
5 yearsper year+6.8%
10 yearsper year+9.3%

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 EWL
YearReturn barEWL
2026 YTD+1.0%
2025+32.9%
2024−2.8%
2023+17.7%
2022−18.9%
2021+20.2%
2020+11.8%

EWL in the news

Filtered to EWL · Europe Region

EWL 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 12, 2026.
1.83%Last 12 months
Payout per share
$1.09Last 12 months
Last payment
$1.09 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 11 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.73; Jun 19, 2018 $0.81; Jun 17, 2019 $0.75; Jun 15, 2020 $0.62; Dec 14, 2020 $0.02; Jun 10, 2021 $0.92; Jun 9, 2022 $0.86; Jun 7, 2023 $1.02; Jun 11, 2024 $1.02; Jun 16, 2025 $1.02; Jun 15, 2026 $1.09. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.09
Jun 16, 2025Jun 20, 2025$1.02
Jun 11, 2024Jun 17, 2024$1.02
Jun 7, 2023Jun 13, 2023$1.02
Jun 9, 2022Jun 15, 2022$0.86
Jun 10, 2021Jun 16, 2021$0.92
Dec 14, 2020Dec 18, 2020$0.02
Jun 15, 2020Jun 19, 2020$0.62
Jun 17, 2019Jun 21, 2019$0.75
Jun 19, 2018Jun 25, 2018$0.81
Jun 20, 2017Jun 26, 2017$0.73
Dec 21, 2016Dec 28, 2016$0.02

EWL Risk

How much the fund’s monthly returns vary, scaled to a year.
15.0%
Annualised · 36 months to Sep 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.
0.58
vs 3-month T-bills · to Sep 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.
−29.0%
Trough Oct 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.
0.90
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.

EWL Cost

Expense ratio0.50%
  • The middle half of Europe Region funds
  • Median 0.51%

4 of the 12 Europe Region funds charge less.

EWL costs $50.00 a year on $10,000. The median Europe Region fund costs $50.50.

Other funds in Europe Region

See others