EWD — iShares MSCI Sweden ETF

EWD Price Performance — Growth of $10,000

Value of a $10,000 investment in EWD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

EWD Drawdown

The "underwater" chart: EWD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI Sweden ETF (EWD) is a single-country developed market fund issued by iShares with $947 million in assets under management. It holds a C grade, ranking 14th out of 18 peers in its category and 347th of 458 tracked ETFs overall. The fund’s 0.51% expense ratio sits slightly above the category median of 0.5%, while its 3.56% dividend yield exceeds the peer average of 3.49%. Concentration is notable, with the top 10 holdings comprising 58.0% of assets and Spotify Technology S.A. representing the largest single position at 10.1%.

Price action shows the ETF trading at $50.39, which is 52.7% of its 52-week range. Short-term returns have been negative across one-day, one-week, one-month, and three-month horizons, contrasting with a positive year-to-date gain of 4.00%. The one-year return of 7.98% trails the category median of 15.82%, though the three-year return stands at 78.17%. The rating has remained unchanged at grade C over the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 1.25, the fund exhibits higher sensitivity to market movements than the broader index. Annualized volatility of 20.26% is classified as moderate, contributing to a Sharpe ratio of 0.15. The maximum drawdown recorded is -17.84%, indicating significant recent downside risk. Liquidity is supported by an average daily volume of 271,298 shares.

AI-generated summary based on the data on this page.

EWD Top Holdings

Holdings as of 2026-08-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 58.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how EWD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

EWD Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 271K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $947M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EWD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

EWD Performance History

How EWD Compares to Other Single Country - Developed ETFs