iShares MSCI Switzerland ETF

10-Year Study

EWL.US · · US · ETF

Executive Summary: iShares MSCI Switzerland ETF has compounded at 9.5% annually over the last 10 years, with a maximum drawdown of 27.6% and an annualized volatility of 18.9%.

1Y CAGR
+14.1%
3Y CAGR
+12.3%
5Y CAGR
+6.8%
10Y CAGR
+9.5%

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 →
27.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.43
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.72
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
14.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +32.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -18.9%
% 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.
20262.65.8-9.63.9————————1.9%
20257.94.40.14.02.51.2-3.85.0-0.20.24.43.732.9%
2024-1.6-1.51.7-4.78.40.14.64.8-1.4-5.3-2.4-4.6-2.8%
20237.9-4.24.56.1-3.82.13.2-3.3-5.5-3.88.36.317.7%
2022-6.4-2.82.4-5.5-1.8-7.04.7-6.6-7.84.49.7-2.2-18.9%
2021-1.5-1.82.34.75.31.63.31.2-8.47.0-0.96.820.2%
20200.2-7.0-6.74.33.93.44.03.0-1.6-5.29.25.111.8%
20195.73.82.32.3-0.76.6-1.00.80.62.30.84.531.6%
20184.5-6.1-1.6-1.0-2.30.46.50.2-0.2-4.60.3-5.1-9.2%
20174.31.03.03.95.10.30.5-0.52.1-1.41.31.723.3%
2016———3.0-0.2-0.31.9-0.11.2-5.0-2.34.01.8%

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 18.9%. The dominant macroeconomic risk driver is VEA.US, accounting for 46.0% of variance. Idiosyncratic stock-specific factors contribute 6.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110295.998773062081
2016-05-0110272.45482920278
2016-06-0110238.175178548483
2016-07-0110431.542252674599
2016-08-0110421.179601328078
2016-09-0110548.930367128014
2016-10-0110017.160550629842
2016-11-019789.265122217112
2016-12-0110178.900812846372
2017-01-0110617.69692146354
2017-02-0110724.805285781198
2017-03-0111049.570778981226
2017-04-0111484.926487351348
2017-05-0112068.841165425221
2017-06-0112106.768469353496
2017-07-0112163.224193889353
2017-08-0112106.768469353496
2017-09-0112360.81922976485
2017-10-0112184.405453241645
2017-11-0112343.161271870375
2017-12-0112554.890964182532
2018-01-0113115.966358688669
2018-02-0112322.021463123468
2018-03-0112127.94972870579
2018-04-0112011.47352757087
2018-05-0111739.764809265038
2018-06-0111782.334580996556
2018-07-0112549.046428823092
2018-08-0112574.33129810861
2018-09-0112545.398775549116
2018-10-0111970.395977633252
2018-11-0112010.1885588039
2018-12-0111398.999382385979
2019-01-0112049.939689369163
2019-02-0112501.99999170988
2019-03-0112791.325217304799
2019-04-0113091.510501510875
2019-05-0113004.7129338324
2019-06-0113862.077255638318
2019-07-0113718.160753737808
2019-08-0113828.875320724059
2019-09-0113913.766160554776
2019-10-0114238.531653754802
2019-11-0114356.624428499777
2019-12-0114998.818657746499
2020-01-0115035.709696540118
2020-02-0113980.170030383295
2020-03-0113050.142797335555
2020-04-0113611.093840025535
2020-05-0114138.884398406639
2020-06-0114614.861700055128
2020-07-0115203.833351986106
2020-08-0115653.986926479061
2020-09-0115406.402460507938
2020-10-0114603.628585995499
2020-11-0115954.089309474366
2020-12-0116769.29836560263
2021-01-0116525.36155290548
2021-02-0116225.093367488633
2021-03-0116592.884589079425
2021-04-0117373.565290921073
2021-05-0118289.333515715996
2021-06-0118589.518799922073
2021-07-0119204.977388694762
2021-08-0119434.323588296007
2021-09-0117805.895105098007
2021-10-0119048.252649729948
2021-11-0118876.232637377667
2021-12-0120156.807640175586
2022-01-0118857.12390829468
2022-02-0118325.768597850372
2022-03-0118769.20717427078
2022-04-0117737.0871001571
2022-05-0117412.155804535527
2022-06-0116192.76189528748
2022-07-0116956.986706790853
2022-08-0115834.048356276244
2022-09-0114601.92911117467
2022-10-0115249.180314278492
2022-11-0116723.03948999175
2022-12-0116348.740523355344
2023-01-0117643.2014789576
2023-02-0116910.188973309952
2023-03-0117670.517427907034
2023-04-0118750.55440184704
2023-05-0118040.92003763715
2023-06-0118416.213818802822
2023-07-0119014.014449681035
2023-08-0118384.33830326092
2023-09-0117364.114552893046
2023-10-0116706.500698442702
2023-11-0118101.39647089546
2023-12-0119237.22595968514
2024-01-0118934.304935523585
2024-02-0118659.32161939225
2024-03-0118970.20115978794
2024-04-0118077.47947158768
2024-05-0119591.918789973926
2024-06-0119613.017148115447
2024-07-0120512.122229545163
2024-08-0121500.677717398063
2024-09-0121195.559811151044
2024-10-0120076.80797178043
2024-11-0119604.89282945977
2024-12-0118697.66342937439
2025-01-0120166.299828809002
2025-02-0121045.05266299414
2025-03-0121069.46706956655
2025-04-0121911.57756859039
2025-05-0122448.57016136721
2025-06-0122719.07681211684
2025-07-0121852.759159547524
2025-08-0122934.619960124517
2025-09-0122897.314415277036
2025-10-0122947.055141740344
2025-11-0123966.7400342382
2025-12-0124853.78298950056
2026-01-0125508.702554600808
2026-02-0126976.053985268456
2026-03-0124377.101027560508
2026-04-0125330.464951440616
Annual Return Matrix
YearAnnual Return
20170.23342305765839866
2018-0.0920670346794854
20190.31580133962662105
20200.11804127700028721
20210.20200661952091292
2022-0.18892213413944503
20230.17667938592599164
2024-0.028047834518422632
20250.3292453938632136
20260.01917945296864576
Total Factor Risk
0.1886000688262583
VTI.US Exposure
-0.20984667096528226
VEA.US Exposure
0.46017439357337836
VWO.US Exposure
-0.014127718997746204
QQQ.US Exposure
0.044809142458548036
VTV.US Exposure
0.058587979232039414
IJR.US Exposure
-0.04101443454544671
QUAL.US Exposure
0.221635505655607
SHV.US Exposure
0.28200120708651044
TLT.US Exposure
0.018594364413952826
LQD.US Exposure
-0.033620596142994535
HYG.US Exposure
0.01814387202797729
GLD.US Exposure
0.006188229916517775
USO.US Exposure
0.019028348254976273
VNQ.US Exposure
0.06818882313553669
BTC-USD.CC Exposure
-0.004291321154421281
CPER.US Exposure
0.004747326404282593
VIX.INDX Exposure
0.01899313373539939
UUP.US Exposure
0.019197322122669593
TIP.US Exposure
-0.004919652914178259
Idiosyncratic Exposure
0.06753074670267385
Value Score
42.7
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
18.8
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
18.9%

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 →18.1x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.57%
Market Cap$96.9B
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 →
+0.0%
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 →
+5.6%
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 →
6.1% 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 →
1.03
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI Switzerland ETF a high-risk investment?

iShares MSCI Switzerland ETF (EWL.US) has an annualized volatility of 18.9% and experienced a maximum drawdown of 27.6% over the last 10 years. Its primary macro risk driver is VEA.US.

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

Over the past 10 years, EWL.US has generated a Compound Annual Growth Rate (CAGR) of 9.5%. 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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