iShares MSCI Switzerland ETF (EWL)
Assets | $1.32B |
Expense Ratio | 0.50% |
PE Ratio | 21.82 |
Shares Out | 24.25M |
Dividend (ttm) | $1.02 |
Dividend Yield | 1.87% |
Ex-Dividend Date | Jun 16, 2025 |
Payout Ratio | 41.16% |
1-Year Return | +13.31% |
Volume | 333,967 |
Open | 54.59 |
Previous Close | 54.26 |
Day's Range | 54.41 - 54.79 |
52-Week Low | 45.56 |
52-Week High | 56.31 |
Beta | 0.81 |
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
65.33% of assetsName | Symbol | Weight |
---|---|---|
Nestlé S.A. | NESN | 13.69% |
Novartis AG | NOVN | 12.45% |
Roche Holding AG | ROG | 12.16% |
Compagnie Financière Richemont SA | CFR | 5.32% |
UBS Group AG | UBSG | 4.46% |
ABB Ltd | ABBN | 4.38% |
Zurich Insurance Group AG | ZURN | 4.32% |
Swiss Re AG | SREN | 2.98% |
Lonza Group AG | LONN | 2.95% |
Givaudan SA | GIVN | 2.61% |
Dividends
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 |
News

Euro zone needs more ECB stimulus, policymaker Centeno tells paper
The euro zone economy is weak and needs "further stimulus" from the European Central Bank, ECB policymaker Mario Centeno said in an interview with the Italian daily La Stampa published on Sunday.

The lookahead: What next after U.S. strikes on Iran and Europe's 5% defense problem
This is your weekly lookahead at the key global events that could move markets and shape policy. NATO leaders meet in The Hague with Trump expected to ramp up pressure on Europe over defense spending.
More investor interest in Europe and Germany in particular: Goldman Sachs
Goldman Sachs Bank Europe CEO Wolfgang Fink discusses the German economy and investor sentiment on the sidelines of the Goldman Sachs European Financials Conference in Berlin.
There's more optimism in Europe, Goldman Sachs International Co-CEO says
Goldman Sachs International Co-CEO Anthony Gutman discusses client sentiment, capital markets activity and the outlook for the European economy and financials sector
See interesting case for Europe if they can get their act together: BNP Paribas AM
Carmine De Franco of BNP Paribas Asset Management believes European valuations are attractive compared to the U.S., with sector strength lying in health care and defense, instead of technology.

European markets rally after Trump delays tariffs
European shares kicked off the week on a positive note on Monday, recouping the previous session's losses, as markets heaved a sigh of relief after U.S. President Donald Trump delayed his threat to im...

European stocks recover after Trump delays EU tariffs in hopes of deal
European shares kicked off the week on a positive note on Monday, recouping the previous session's losses, as markets heaved a sigh of relief after U.S. President Donald Trump delayed his threat to im...

EWL: Swiss Stocks Are Expensive, But They're High Quality Compounders
iShares MSCI Switzerland ETF (EWL) offers a stake in high-quality companies in a uniquely stable and decentralized nation. The ETF is quite concentrated, with the top three and top ten holdings accoun...

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...