iShares MSCI Switzerland ETF (EWL)
| Assets | $1.68B |
| Expense Ratio | 0.50% |
| PE Ratio | 19.10 |
| Shares Out | 26.88M |
| Dividend (ttm) | $1.02 |
| Dividend Yield | 1.66% |
| Ex-Dividend Date | Jun 16, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 31.92% |
| Volume | 332,817 |
| Open | 62.08 |
| Previous Close | 62.22 |
| Day's Range | 61.43 - 62.14 |
| 52-Week Low | 46.22 |
| 52-Week High | 62.76 |
| Beta | 0.77 |
| Holdings | 49 |
| Inception Date | Mar 12, 1996 |
About EWL
Fund Home PageThe iShares MSCI Switzerland ETF (EWL) is an exchange-traded fund that is based on the MSCI Switzerland 25-50 index, a market-cap-weighted index of Swiss stocks EWL was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
66.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Roche Holding AG | ROG | 14.52% |
| Novartis AG | NOVN | 13.25% |
| Nestlé S.A. | NESN | 11.44% |
| UBS Group AG | UBSG | 6.78% |
| ABB Ltd | ABBN | 4.64% |
| Zurich Insurance Group AG | ZURN | 4.11% |
| Compagnie Financière Richemont SA | CFR | 3.96% |
| Holcim AG | HOLN | 2.82% |
| Lonza Group AG | LONN | 2.65% |
| Swiss Re AG | SREN | 2.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $1.0233 | Jun 20, 2025 |
| Jun 11, 2024 | $1.01719 | Jun 17, 2024 |
| Jun 7, 2023 | $1.02145 | Jun 13, 2023 |
| Jun 9, 2022 | $0.85733 | Jun 15, 2022 |
| Jun 10, 2021 | $0.91486 | Jun 16, 2021 |
| Dec 14, 2020 | $0.02262 | Dec 18, 2020 |
Performance
EWL had a total return of 26.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.35%.
News
Eurozone Government Bonds Trade Steady as Positive Sentiment Continues
Yields on eurozone government bonds were steady as bond markets remained calm after Trump backed off his threat to impose tariffs against European countries over Greenland.
EWL: February Could Be Quite Big For Swiss Macro
The iShares MSCI Switzerland ETF is heavily weighted toward healthcare and financials, with some exposure to tariff negotiations, which may be more than halved. Novartis faces considerable direct tari...
ECB's Nagel: U.S. tariffs could force interest rate rethink
Joachim Nagel, president of the Bundesbank and a member of the ECB's Governing Council, tells CNBC's Karen Tso that potential U.S. trade tariffs on Europe could create a highly challenging scenario an...
Trump threatens tariffs for countries that oppose U.S. control of Greenland
U.S. President Donald Trump suggested Friday that he may punish countries with tariffs if they don't back the U.S. controlling Greenland, a message that came as a bipartisan Congressional delegation s...
Greenland PM issues defiant rebuke over Trump's tariff threats: 'We will not be pressured'
Greenland's prime minister has said that the Arctic island would “stand firm on dialogue, on respect and on international law” in response to U.S. President Donald Trump's tariff threats. His comments...
Greenland: Starmer Says Trump's Tariffs Threat Is 'Completely Wrong'
Prime Minister Keir Starmer says US President Donald Trump's threat to impose tariffs on the UK and other European nations over the Greenland issue is "completely wrong" and that "a trade war is in no...
Trump doubles down on Greenland tariffs threat
President Trump has warned 8 European countries of further tariffs should they block the U.S. from acquiring Greenland by June. U.S. Treasury Secretary Scott Bessent, says European leaders will eventu...
'Unacceptable': European leaders hit back at Trump's Greenland tariffs threat
Trump announced on Saturday that eight European allies would face escalating tariffs, starting at 10% on Feb.1 and rising to 25% on June 1, if a deal is not reached for Washington to buy Greenland. Th...
Trump threatens 25% tariff on European allies until Denmark sells Greenland to US
President said 10% tariff on Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland will begin on 1 February and increase to 25% on 1 June
Trump says the US will impose up to 25% tariffs on Denmark and other European countries until they hand over Greenland
Trump says the US will impose new tariffs on European countries until Denmark hands over Greenland. The president said the tariffs would start at 10% and increase to 25%.
Trump Announces 10% Tariffs On European Countries Supporting Greenland
President Donald Trump on Saturday announced he will impose a 10% tariff on eight European countries that have this week sent military personnel to Greenland, a semi-autonomous territory of Denmark th...
Trump: NATO members to face tariffs increasing to 25% until a Greenland purchase deal is struck
President Donald Trump said eight NATO members' U.S. imports will face escalating tariffs "until such time as a Deal is reached for the Complete and Total purchase of Greenland." The tariffs will star...
A New Trade Pact Is Giving a Boost to European Stocks. Why It Isn't Bigger.
European member states backed a free-trade agreement with the Mercosur bloc of South America, including Brazil, Argentina, Bolivia, Paraguay, and Uruguay. Some see it as both a political statement and...
Eurozone Could Make Up for Lost U.S. Exports by ‘Modest' Reduction in Internal Barriers, ECB Economists Say
The economists said those losses could be recouped if eurozone members lowered barriers to trade in goods and services within the currency area.
ECB's Villeroy Backs Powell, Sees 2026 Rate Rise as ‘Fanciful'
The ECB is very unlikely to raise its key interest rate this year, with a weaker dollar among a number of potential developments keeping eurozone inflation low, Bank of France Governor Francois Viller...
Trump's Tariffs Are Sinking The Eurozone
Germany's export-driven economy faces severe headwinds from US tariffs, euro appreciation, and lost access to cheap Russian energy. German trade surpluses are shrinking, with 2025 exports to the US pr...
Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November
The Swiss government said a deal to reduce U.S. tariffs on that country's imports to 15% will apply retroactively to Nov. 14. Switzerland has promised to invest in the U.S. economy in exchange for tar...
ECB's Rehn sees downside risks to inflation, urges action on Ukraine funding
Inflation in the euro zone faces downside risks in the medium term, even as price growth has returned to the ECB's 2% target, European Central Bank policymaker Olli Rehn said, according to a report in...
Euro zone consumers continue to see benign inflation path, ECB survey shows
Euro zone consumers raised their near-term inflation expectations a touch but kept them unchanged further out, a European Central Bank survey showed, supporting bets that price growth remains around t...
European stocks close higher: DAX climbs 0.2%, FTSE 100 ends flat
European equities eked out a modest gain on Thursday, with the pan-European Stoxx 600 reversing early losses to finish 0.12% higher as investors assessed a shifting global economic landscape, incoming...
EU agrees to harmonise EU insolvency laws to enhance cross-border investments, capital markets
European Union governments and the European Parliament have reached agreement on harmonising the 27-nation bloc's insolvency laws to make it easier to invest across the EU and create a more liquid EU ...
US tariffs on Swiss goods cut to 15% in deal struck with Trump administration
In exchange, Swiss officials committed to series of quotas for imports from the US on a duty-free basis
US-Switzerland trade deal: tariffs slashed to 15%, boosting pharma and watches
After months of punishing trade tensions, the US and Switzerland announced a breakthrough deal on Friday that will slash tariffs to 15% from the brutal 39% rate imposed in August. The agreement marks ...
U.S. And Switzerland Reach Trade Agreement—Lowering Tariffs To 15%
The U.S. and Switzerland have reached a trade agreement that will lower tariffs on Swiss goods to 15%, American and Swiss officials announced on Friday, after President Donald Trump's levies disrupted...
U.S. and Switzerland reach trade deal to lower tariffs to 15%
Switzerland has been subject to one of the highest tariff rates levied on an individual country by the Trump administration.
U.S. and Switzerland working on a deal to slash 39% tariffs
The 39% duty was met with dismay, with business leaders saying it was damaging business. Switzerland's key exports include watches, jewelry, machinery, chocolate, and pharmaceutical products.























