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 fund issued by iShares that tracks one of 18 ETFs in its specific category. With an asset base of $285 million and a share price of $51.37, the fund reflects a moderate level of investor adoption relative to larger industry peers. It holds an overall rank of #381 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of C with a score of 50.0 out of 100. The fund charges an expense ratio of 0.51% while offering a dividend yield of 2.79% to income-seeking investors. This combination of a mid-tier grade and a substantial expense ratio suggests a cost structure that may impact net returns compared to lower-cost alternatives. The current price and assets under management indicate the fund is actively managed within the iShares lineup but occupies a smaller segment of the market. Investors evaluating this vehicle must weigh the 2.79% yield against the C-grade performance metrics and the fund's broad ranking position.

Short-term performance shows positive momentum with a 1-day return of +0.82% and a 1-week gain of +2.56%. This upward trend continued into the monthly horizon, where the fund posted a 1-month return of +4.73%, although the 3-month return slowed to +1.09%. Over the half-year period, the fund experienced a slight decline of -0.25%, yet year-to-date gains have recovered to +6.02%. The 1-year return stands at +14.78%, indicating a stronger recovery over the longer recent period. The 3-year return figure of +63.84% demonstrates significant long-term growth compared to the more recent volatility seen in the 6-month window. This pattern suggests a divergence between short-term fluctuations and the robust multi-year accumulation of value.

The fund carries a Moderate volatility label and a beta of 1.20, indicating that its price movements tend to be more pronounced than the broader market. A Sharpe ratio of 0.49 suggests that the risk-adjusted returns generated have been modest relative to the volatility experienced. The maximum drawdown of -17.84% highlights the potential for significant temporary losses during market downturns. This combination of a beta above 1.0 and a substantial drawdown implies the fund amplifies market swings, both upward and downward. While the Sharpe ratio indicates some compensation for this risk, the moderate volatility and drawdown figures point to a higher sensitivity to market stress. Investors should expect the fund to exhibit greater price swings than the average market index during both rising and falling conditions.

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

EWD Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 57.2% 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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

EWD Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 8.87% and average daily volume is 229K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $285M 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