iShares MSCI Switzerland ETF (EWL)
| Assets | $1.14B |
| Expense Ratio | 0.50% |
| PE Ratio | 23.38 |
| Shares Out | 22.25M |
| Dividend (ttm) | $1.02 |
| Dividend Yield | 1.96% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 45.77% |
| 1-Year Return | +15.06% |
| Volume | 353,296 |
| Open | 51.70 |
| Previous Close | 51.29 |
| Day's Range | 51.58 - 52.17 |
| 52-Week Low | 45.11 |
| 52-Week High | 53.61 |
| Beta | 0.78 |
| 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
66.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Nestlé S.A. | NESN | 15.48% |
| Roche Holding AG | ROG | 12.15% |
| Novartis AG | NOVN | 12.08% |
| Compagnie Financière Richemont SA | CFR | 5.07% |
| Zurich Insurance Group AG | ZURN | 4.76% |
| ABB Ltd | ABBN | 3.82% |
| UBS Group AG | UBSG | 3.62% |
| Holcim AG | HOLN | 3.40% |
| Swiss Re AG | SREN | 3.15% |
| Lonza Group AG | LONN | 2.92% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 15, 2020 | $0.62375 | Jun 19, 2020 |
News
April ECB Decision: Inflation Progress Permits An ECB Cut
The ECB cut its policy rates, driven by positive inflation trends, marking the third straight quarter-point cut in 2025. The ECB's disinflation process is progressing well, with services inflation eas...
EWL: A More Political Stable, But Too Expensive Alternative To The U.S.
Switzerland offers a stable investment environment with solid economic data, low inflation, and a healthy labor market. The iShares MSCI Switzerland ETF is expensive with a P/E ratio of 21.18 and a P/...
European markets move higher as President Trump's tariff exemptions boost stocks
Sky News' Wilfred Frost joins CNBC's 'Money Movers' with the latest global markets report as well as details on his new docu-series premiering on next Sunday on MSNBC.
Country ETFs Since Liberation Day And Pause Day
The S&P 500 (SPY) rallied 5.7% this week but remains down 5.4% since the close on "Liberation Day" on 4/2. The average country ETF is down 4% since 4/2, so SPY has underperformed that since Trump's Ro...
Faced with U.S. tariffs, some in Europe want to draw closer to China. But that could come at a steep price for the continent's beleaguered economy.
For Europe, doubling down on its relationship with China could come at a steep price—including the loss of its storied auto industry.
Deutsche Bank's Deepak Puri talks investing in Europe
Deepak Puri, Deutsche Bank Private Bank CIO, and Kristina Hooper, Invesco chief global market strategist, joins 'Closing Bell Overtime' to talk the day's market action.
European stocks will continue outperforming U.S.: Porta Advisors
Beat Wittmann, chairman and partner at Porta Advisors, discusses the outlook for global equity markets.
EWL: Quality Swiss Blue Chips At A Fair Price
The iShares MSCI Switzerland ETF offers investors exposure to stocks listed in Switzerland. Like many country-specific funds, this ETF is very top-heavy. Sector concentration is also significant. Alth...
U.S., European Stocks Rise Despite Looming Risks
Investors in US stocks are clearly focusing on positive catalysts such as the potential for significant deregulation under the incoming Trump administration. We also saw stocks in Europe ignore fears ...
EWL: Switzerland Stocks Not Cheap Enough
A valuation gap exists between US and European equities, with European stocks, including Swiss equities, being significantly cheaper even after accounting for sector differences. I have a hold rating ...
China Outperforms The Rest Of The World
Shanghai CSI 300 has gone from a 52-week low to a 52-week high in only a couple of weeks. Other than China and Hong Kong, Australia is the only other international market starting the week at a 52-wee...
Highest And Lowest Country ETF Dividend Yields
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage poin...
EWL ETF: Advisable To Take Some Profits Now (Rating Downgrade)
The iShares MSCI Switzerland ETF (EWL), an established low-churn ETF covering 46 Swiss stocks has done reasonably well over the past 10 months generating returns of 22%. We are now revising our rating...
EWL: Slower Growth Relative To The S&P 500 Index
iShares MSCI Switzerland ETF has underperformed the S&P 500 index due to low exposure to growth sectors. EWL's sector allocation is heavily weighted towards defensive sectors, while growth sectors hav...
EWL Offers Durability At A Cost
Switzerland has shown resilience during the COVID-19 crisis and following inflation surge. The iShares MSCI Switzerland ETF (EWL) provides exposure to Swiss stocks and has provided downside protection...
3 Reasons To Consider EWL
iShares MSCI Switzerland ETF has underperformed other European and global ETFs this year, but we think things could improve from here. The economic landscape in Switzerland is expected to improve as w...
EWL: Resilient At A Price
EWL is exposed to some of Europe's most well-known stocks. Large allocations in healthcare and consumer staples make the ETF resilient. However, the resilience comes at a price and ultimately there's ...
EWL: Swiss Equities Are Undervalued But Nominal Returns Are Unexciting
EWL invests in Swiss equities. The fund is likely undervalued, with a theoretical uplift of +30% being possible on valuation alone.
A Swiss CDS Story
The dramatic "takeover" of Credit Suisse by UBS has highlighted Switzerland's rather distinctive approach to bank capital. Documentation for Credit Suisse's Sfr16bn AT1 bonds - now worth zero - appear...
EWL: Inflation Remains Low In Switzerland
The annual inflation rate in Switzerland rose to 3.3% in January 2023, which is considerably lower than other developed countries. Switzerland's low inflation rates can be attributed to a range of fac...
12 Top Dividend Stocks To Buy In The Current Market Environment
With the dollar still strong and inflation fears still looming, now is an especially good time for US investors to buy more foreign dividend stocks. US investors should also consider tax advantages of...