ETF Copilot
Europe

Is EWL a good investment?

Updated October 28, 2026

iShares MSCI Switzerland ETF (EWL) is a Europe-focused ETF. As of October 28, 2026, ETF Copilot scores EWL 4.6 out of 10 — highest on Quality (7.5), lowest on Value (1.1). It trades at 24.0 times earnings, against its own median of 21.4. Its ten largest holdings are 65% of the fund.

What stands out in EWL's data

Tracks Swiss large- and mid-cap stocks with a focus on stability.

Priced higher than most European peers — you pay more for each dollar of earnings.

Trailing P/E multiple of 24.0x puts it in the priciest 10% band of the category, far above the 16.4x median, though return on equity of 20.9% also runs above the 16.0% norm.

A focused Swiss equity position for a portfolio already holding broad international equities.

How is EWL rated? ETF Copilot scores iShares MSCI Switzerland ETF (EWL) 4.6 out of 10

As of October 28, 2026, ETF Copilot scores iShares MSCI Switzerland ETF (EWL) 4.6 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 4.6 / 10
  • Growth: 5.1 / 10
  • Value: 1.1 / 10
  • Risk: 5.5 / 10
  • Quality: 7.5 / 10
  • Return: 4.0 / 10

Is EWL expensive right now? It trades at 24.0 times earnings, against its own median of 21.4

As of October 28, 2026, EWL is more expensive than 95% of its own last 9 years.

Trailing 12 months, built from EWL's holdings. How we calculate this →

What's inside EWL?

What's inside EWL: Size (Large 83%, Mid 17%, Small 0%); Geography (International 100%, US 0%); Tech 1.1%.

What are EWL's top holdings? The ten largest are 65% of the fund

Roche, Novartis, Nestle, UBS, Zurich Insurance, CIE Financiere Richemont, ABB, Lonza, Swiss RE and Givaudan are EWL's largest holdings, in that order.

More concentrated than 79% of Europe ETFs.

Half of EWL's weight sits in its 6 largest positions, and once those weights are taken into account it behaves like 15 equally weighted holdings.

What is EWL's expense ratio? 0.50% a year

As of October 28, 2026, EWL charges 0.50% a year, yields 1.72% and holds $3.0B in assets across 45 positions.

iShares MSCI Switzerland ETF (EWL) — cost, income and size
MeasureEWL
Expense ratio0.50%
Dividend yield1.72%
Assets under management$3.0B
Holdings45

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 Switzerland ETF (EWL) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/ewl

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