iShares MSCI Sweden ETF (EWD) is a Europe-focused ETF. As of October 9, 2026, ETF Copilot scores EWD 4.1 out of 10 — highest on Quality (7.0), lowest on Risk (2.0). It trades at 15.4 times earnings, against its own median of 15.4. Its ten largest holdings are 59% of the fund.
What stands out in EWD's data
Swedish large- and mid-cap stocks, from industrials to consumer goods.
Trades at a cheaper price than its typical European peer — more earnings per dollar invested.
Trailing P/E multiple of 15.3x sits below the category median of 16.0x, and also under its own 15.4x historical median.
A single-country position on Sweden's export-driven economy — direct exposure, sharper swings.
Why did EWD move this week? It rose 1.3% in the week to October 9, 2026 — Spotify Technology and Investor AB drove it
EWD rose 1.3% in the week to October 9, 2026. The holdings that moved it most were Spotify Technology (+11.9%), Investor AB (+2.7%) and Ericsson LM-B (+4.0%); Millicom Intl Cellular (−10.0%) pushed the other way.
How is EWD rated? ETF Copilot scores iShares MSCI Sweden ETF (EWD) 4.1 out of 10
As of October 9, 2026, ETF Copilot scores iShares MSCI Sweden ETF (EWD) 4.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.1 / 10
- Growth: 2.7 / 10
- Value: 6.1 / 10
- Risk: 2.0 / 10
- Quality: 7.0 / 10
- Return: 3.5 / 10
Is EWD expensive right now? It trades at 15.4 times earnings, against its own median of 15.4
As of October 9, 2026, EWD is cheaper than 51% of its own last 9 years.
Trailing 12 months, built from EWD's holdings. How we calculate this →
What's inside EWD?
What's inside EWD: Size (Large 70%, Mid 30%, Small 0%); Geography (International 100%, US 0%); Tech 6.3%.
What are EWD's top holdings? The ten largest are 59% of the fund
Spotify Technology, Investor, Atlas Copco, Volvo, Sandvik, Swedbank, Skandinaviska Enskilda Banken, Assa Abloy and Ericsson are EWD's largest holdings, in that order.
More concentrated than 60% of Europe ETFs.
Half of EWD's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 21 equally weighted holdings.
What is EWD's expense ratio? 0.51% a year
As of October 9, 2026, EWD charges 0.51% a year, yields 3.54% and holds $957M in assets across 43 positions.
| Measure | EWD |
|---|---|
| Expense ratio | 0.51% |
| Dividend yield | 3.54% |
| Assets under management | $957M |
| Holdings | 43 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares MSCI Sweden ETF (EWD) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/ewd
ETF Copilot Pro unlocks EWD's price and what each holding weighs.
Try Pro free →