iShares MSCI Switzerland ETF (EWL)
| Assets | $1.09B |
| Expense Ratio | 0.50% |
| PE Ratio | 20.85 |
| Shares Out | 23.75M |
| Dividend (ttm) | $1.02 |
| Dividend Yield | 2.22% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 46.18% |
| 1-Year Return | -2.94% |
| Volume | 633,350 |
| Open | 45.57 |
| Previous Close | 45.73 |
| Day's Range | 45.57 - 46.22 |
| 52-Week Low | 45.04 |
| 52-Week High | 53.03 |
| Beta | 0.77 |
| Holdings | 51 |
| 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
66.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Nestlé S.A. | NESN | 13.33% |
| Roche Holding AG | ROG | 12.21% |
| Novartis AG | NOVN | 11.78% |
| UBS Group AG | UBSG | 5.38% |
| Compagnie Financière Richemont SA | CFR | 5.12% |
| Zurich Insurance Group AG | ZURN | 4.66% |
| ABB Ltd | ABBN | 4.60% |
| Holcim AG | HOLN | 3.36% |
| Swiss Re AG | SREN | 2.92% |
| Lonza Group AG | LONN | 2.85% |
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
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...
EWL: May Prove To Be A Reliable Bet, If You're Prepared To Pay Up
EWL has a good track record of mitigating harmful volatility. Conditions for CHF appreciation look good.
EWL: Swiss Equities Offer Healthy Long-Term Returns In 2023
iShares MSCI Switzerland Capped ETF invests in Swiss equities. The exchange-traded fund EWL is likely undervalued, based on low local risk-free rates and equity risk premia.
EWL Is A Mediocre Blue-Chip Europe Exposure
EWL captures a general feeling of the European economy focusing on companies that are technically Swiss in that they're listed on the Swiss exchange. These stocks wouldn't necessarily be our choice in...
iShares MSCI Switzerland Capped ETF: Suitable Conditions
Since its inception in 1996, EWL has delivered substantially higher returns than other international markets. The Swiss Franc's prospects look good.
The Best Country To Invest In Today
Switzerland's inflation level is 2.9% vs. 8.6% in the U.S. Switzerland's fiscal policy was reasonable and very well thought out, unlike the U.S.
EWL: I Do Not Expect Alpha In 2022
Switzerland was relatively immune to the primary theme of 2021 that was inflation raging across the globe. The State Secretariat for Economic Affairs lowered the growth forecast for 2022 to 3%, but ti...
EWL: Swiss Equities Are Well Positioned For 2022
Swiss equities are probably fundamentally undervalued at present, given earnings growth expectations and a likely low cost of equity. Rate hikes in 2022, likely to happen in major economies such as th...
Are European Housing Markets Getting Too Hot?
House price growth in the eurozone is at its highest since 2006 as housing markets were supported by a limited impact of the pandemic on household finances, rising savings, historically low-interest r...
iShares MSCI Switzerland Capped ETF: Factors To Consider
Structurally, there's much to admire about Switzerland including its thrust in innovation.