iShares MSCI Sweden ETF

10-Year Study

EWD.US · · US · ETF

Executive Summary: iShares MSCI Sweden ETF has compounded at 9.8% annually over the last 10 years, with a maximum drawdown of 40.3% and an annualized volatility of 22.0%.

1Y CAGR
+23.5%
3Y CAGR
+19.3%
5Y CAGR
+5.4%
10Y CAGR
+9.8%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
40.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.36
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.57
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
20.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +36.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -27.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.24.7-11.09.4————————8.2%
20259.55.5-2.53.74.12.9-4.15.81.71.7-0.24.036.5%
2024-5.45.91.1-3.99.2-2.50.64.12.9-8.0-3.2-3.4-3.9%
20238.11.10.64.7-7.73.11.0-6.8-1.1-4.614.512.325.1%
2022-8.9-10.42.7-7.61.6-14.211.7-11.6-9.48.113.7-2.9-27.8%
20212.23.36.04.24.4-2.04.3-1.0-6.46.8-5.96.022.8%
2020-2.7-5.1-15.87.210.03.29.05.4-1.1-4.315.23.122.3%
20195.61.10.26.6-9.49.1-5.3-3.04.07.00.65.021.7%
20186.3-5.8-1.3-1.9-1.3-1.56.0-1.43.0-10.5-0.7-3.1-12.8%
20176.2-0.64.24.92.81.90.71.73.3-0.8-3.7-0.121.9%
2016———2.6-2.2-3.82.51.91.8-5.3-0.24.51.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 22.0%. The dominant macroeconomic risk driver is VEA.US, accounting for 86.1% of variance. Idiosyncratic stock-specific factors contribute 6.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110264.844772326425
2016-05-0110033.947163799805
2016-06-019654.649244248894
2016-07-019894.697415084678
2016-08-0110081.786113903165
2016-09-0110261.810388970016
2016-10-019721.737563769462
2016-11-019704.052798270402
2016-12-0110143.611674789965
2017-01-0110768.504997250091
2017-02-0110701.464089969468
2017-03-0111146.285725122798
2017-04-0111690.009292799028
2017-05-0112021.894972406077
2017-06-0112245.206622541675
2017-07-0112328.225454683381
2017-08-0112533.994576039751
2017-09-0112952.7868914639
2017-10-0112844.44992319217
2017-11-0112375.163572227806
2017-12-0112360.655426804982
2018-01-0113133.664586849742
2018-02-0112367.956911756339
2018-03-0112207.513891786304
2018-04-0111977.801589258283
2018-05-0111817.358569288248
2018-06-0111639.989379658253
2018-07-0112334.389045876083
2018-08-0112158.868933603899
2018-09-0112521.33550797474
2018-10-0111201.283923457679
2018-11-0111124.95021714806
2018-12-0110780.547706195832
2019-01-0111383.678810521724
2019-02-0111513.493523488023
2019-03-0111536.393635380911
2019-04-0112296.079956001442
2019-05-0111139.363538090995
2019-06-0112149.007187695575
2019-07-0111506.855809895884
2019-08-0111156.289707750953
2019-09-0111601.395816343947
2019-10-0112416.838931138464
2019-11-0112495.638073925164
2019-12-0113124.845910220185
2020-01-0112769.823057520529
2020-02-0112119.564186690437
2020-03-0110208.661267992944
2020-04-0110946.68019495913
2020-05-0112043.752015020196
2020-06-0112433.907337518254
2020-07-0113550.418175956305
2020-08-0114282.747634129228
2020-09-0114130.696580629254
2020-10-0113518.414913994196
2020-11-0115571.364903563504
2020-12-0116047.336380359955
2021-01-0116406.19962449506
2021-02-0116942.43205826016
2021-03-0117966.583853287564
2021-04-0118716.503252479662
2021-05-0119543.088243660983
2021-06-0119145.015077092303
2021-07-0119974.397390430313
2021-08-0119768.05932219462
2021-09-0118505.471372489523
2021-10-0119768.05932219462
2021-11-0118592.140947106906
2021-12-0119711.686168901364
2022-01-0117958.80824593677
2022-02-0116091.003053348251
2022-03-0116529.234387149387
2022-04-0115278.357260710425
2022-05-0115529.405071213183
2022-06-0113318.145612471315
2022-07-0114875.21098446775
2022-08-0113156.327637542909
2022-09-0111918.536289328455
2022-10-0112885.177037303949
2022-11-0114647.774469457036
2022-12-0114223.245272999677
2023-01-0115375.931650514898
2023-02-0115538.697870242182
2023-03-0115635.466251967608
2023-04-0116370.166322137722
2023-05-0115107.530960192684
2023-06-0115582.696428910087
2023-07-0115732.282045932978
2023-08-0114658.821521363956
2023-09-0114504.826566026286
2023-10-0113840.533672172807
2023-11-0115842.231030362798
2023-12-0117788.88277797796
2024-01-0116828.927155834554
2024-02-0117820.459329780577
2024-03-0118009.72899163648
2024-04-0117302.148722714257
2024-05-0118897.61800906522
2024-06-0118431.366041457262
2024-07-0118545.866600921694
2024-08-0119310.578618976277
2024-09-0119878.387604543987
2024-10-0118280.263232756166
2024-11-0117703.256272639344
2024-12-0117094.24605056041
2025-01-0118719.869521515673
2025-02-0119754.783895010336
2025-03-0119269.37738246506
2025-04-0119983.737601699253
2025-05-0120812.550968157942
2025-06-0121420.944831117602
2025-07-0120540.49953536005
2025-08-0121725.378823797153
2025-09-0122104.724155588006
2025-10-0122474.681863869977
2025-11-0122437.226194314324
2025-12-0123341.0457243642
2026-01-0124782.377818657667
2026-02-0125943.97769728233
2026-03-0123099.243300650494
2026-04-0125265.982666085078
Annual Return Matrix
YearAnnual Return
20170.21856551917548894
2018-0.12783365169961558
20190.2174563174259716
20200.22266855474958813
20210.2283462938451355
2022-0.2784358907134319
20230.25069085405895497
2024-0.039048923762513454
20250.36543288632486925
20260.08247003859435309
Total Factor Risk
0.21984472405292343
VTI.US Exposure
-0.09601847129650733
VEA.US Exposure
0.8608828415758901
VWO.US Exposure
-0.11635460028808635
QQQ.US Exposure
0.005367662326283363
VTV.US Exposure
-0.04964849193959265
IJR.US Exposure
0.019538190599095846
QUAL.US Exposure
0.06157485278632767
SHV.US Exposure
0.06568916711761585
TLT.US Exposure
0.014304977658598348
LQD.US Exposure
-0.05139713920840751
HYG.US Exposure
0.13867079091482712
GLD.US Exposure
-0.01859303519267726
USO.US Exposure
0.004021802022234386
VNQ.US Exposure
0.04929474905895504
BTC-USD.CC Exposure
0.0005273150879740707
CPER.US Exposure
0.043943416031963924
VIX.INDX Exposure
-0.0010464240927358043
UUP.US Exposure
0.00895686575687216
TIP.US Exposure
-0.006737912879921092
Idiosyncratic Exposure
0.06702344396129004
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
22.0%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.5%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+10.3%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.46
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI Sweden ETF a high-risk investment?

iShares MSCI Sweden ETF (EWD.US) has an annualized volatility of 22.0% and experienced a maximum drawdown of 40.3% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of EWD.US?

Over the past 10 years, EWD.US has generated a Compound Annual Growth Rate (CAGR) of 9.8%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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