iShares MSCI Switzerland ETF is an exchange traded fund that looks to track the results of the MSCI Switzerland 25/50 index. It was established in 1996 and is headquartered in the US, although it invests in equities that are based in Europe.
iShares MSCI Switzerland ETF is listed on the NYSE ARCA exchange. It can be followed using the EWL ticker. The performance of the fund throughout 2020 indicates that it has posted a 52-week range of $29.55-$45.03. This is against a fund value of $1.53bn in net assets.
The iShares MSCI Switzerland ETF is primarily focused on investing in equities based in Europe and, more specifically, those that are listed on the MSCI Switzerland 25/50 index. This gives the iShares MSCI Switzerland ETF a well-diversified fund portfolio that is spread across the top-performing equities on the MSCI Switzerland 25/50 index. The MSCI Switzerland 25/50 index is a free float-adjust market capitalisation weighted index that uses a capping methodology to ensure the fund remains well balanced. This ensures that no single equity exceeds 25% of the index weight and that all issues with a weight of above 5% do not collectively go above 50% of the fund weight.
To learn more about this instrument and to keep track of the iShares MSCI Switzerland ETF share price, add the EWL ticker to your eToro watchlist and get started trading today.