EWL ETF — Holdings & Analysis

The iShares MSCI Switzerland ETF seeks to track the investment results of an index composed of Swiss equities. 0.50% expense ratio, $1.5B AUM, 40 holdings, inception 1996.

iShares MSCI Switzerland ETF (EWL) ETF — Price, Holdings & Analysis

The iShares MSCI Switzerland ETF seeks to track the investment results of an index composed of Swiss equities. 0.50% expense ratio, $1.5B AUM, 40 holdings, inception 1996.

ETF Overview

The iShares MSCI Switzerland ETF seeks to track the investment results of an index composed of Swiss equities.

The iShares MSCI Switzerland ETF seeks to track the investment results of an index composed of Swiss equities. iShares MSCI Switzerland ETF provides exposure to the equity market. The portfolio is moderately concentrated with 40 holdings. It is heavily weighted toward Healthcare (40.5%), reflecting a sector-tilted strategy. The top three holdings account for 42.3% of assets, indicating meaningful single-stock concentration.

Risk Metrics

The top three holdings represent 42.3% of the portfolio, introducing concentration risk. As with all ETFs, the fund is subject to market risk and its value will fluctuate with market conditions. Past performance does not guarantee future results. the may be worth researching fund's investment objectives, risks, charges, and expenses carefully before investing.

Expense Ratio

0.50%

What does EWL hold?

Holding	Weight
Roche Holding AG (ROG.SW)	15.13%
Novartis AG Registered Shares (NOVN.SW)	14.54%
Nestle SA (NESN.SW)	12.63%
Zurich Insurance Group AG (ZURN.SW)	4.49%
ABB Ltd (ABBN.SW)	4.49%
Compagnie Financiere Richemont SA Class A (CFR.SW)	4.32%
UBS Group AG Registered Shares (UBSG.SW)	4.30%
Swiss Re AG (SREN.SW)	2.60%
Lonza Group Ltd (LONN.SW)	2.44%
Holcim Ltd (HOLN.SW)	2.35%

How Is the Fund Allocated?

Sector	Weight
Healthcare	40.5%
Financial Services	17.5%
Consumer Defensive	15.3%
Industrials	11.4%
Basic Materials	6.5%
Consumer Cyclical	5.4%
Communication Services	1.4%
Real Estate	1.0%
Technology	0.8%
Utilities	0.4%

Country	Weight
Switzerland	99.5%
Other	0.5%

Dividend Yield

1.08%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

iShares Russell 2000 ETF (IWM) (Equity) — 0.19% expense ratio
iShares MSCI Emerging Markets ETF (EEM) (Equity) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) (Equity) — 0.32% expense ratio
iShares Russell Mid-Cap ETF (IWR) (Equity) — 0.18% expense ratio
iShares MSCI Emerging Markets Small-Cap ETF (EEMS) (Equity) — 0.72% expense ratio
iShares FinTech Active ETF (BPAY) (Equity) — 0.66% expense ratio

Risk Metrics

Beta: 1.03

Questions & Answers

What is iShares MSCI Switzerland ETF (EWL)?

The iShares MSCI Switzerland ETF seeks to track the investment results of an index composed of Swiss equities. It holds 40 securities. With $1.5B in assets under management, it is one of the larger funds in its category.

What is the expense ratio for EWL?

iShares MSCI Switzerland ETF has an expense ratio of 0.50%, which is considered moderate for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $50.

Lower expense ratios generally lead to better long-term returns, all else being equal.

What are the top holdings in EWL?

The three largest positions in iShares MSCI Switzerland ETF are Roche Holding AG (ROG.SW, 15.1%), Novartis AG Registered Shares (NOVN.SW, 14.5%), Nestle SA (NESN.SW, 12.6%). Together these top three holdings represent 42.3% of the fund, out of 40 total positions.

The fund has a concentrated portfolio.

What sectors does EWL invest in?

iShares MSCI Switzerland ETF allocates across 10 sectors. The largest sector exposures are Healthcare (40.5%), Financial Services (17.5%), Consumer Defensive (15.3%). The fund is heavily concentrated in Healthcare.

How long has EWL been around?

iShares MSCI Switzerland ETF was launched in 1996, making it 30 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by IShares.