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ETFs

iShares MSCI Sweden ETF

EWD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 12 1996
Expense Ratio
0.54%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$8,103,664
AUM
$319,595,106
Associated Index
MSCI Sweden 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NDA SE
Nordea Bank Abp
7.58%
ATCO A
Atlas Copco AB - Ordinary Shares - Class A
7.39%
INVE B
Investor AB - Ordinary Shares - Class B
7.08%
VOLV B
Volvo AB - Ordinary Shares - Class B
6.60%
ASSA B
Assa Abloy AB - Ordinary Shares - Class B
4.59%
SAND
Sandvik AB
4.10%
SEB A
Skandinaviska Enskilda Banken - Ordinary Shares - Class A
3.97%
EVO
Evolution AB
3.94%
ATCOB
Atlas Copco AB
3.73%
HEXA B
Hexagon AB - Ordinary Shares - Class B
3.72%
Invest with EWD

What is EWD?

The iShares MSCI Sweden ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Swedish market as measured by the MSCI Sweden 25/50 Index.

ETFs related toEWD

ETFs correlated to EWD include SPEU, IEUR, VGK

EWD
BlackRock Institutional Trust Company N.A. - iShares MSCI Sweden ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
DMXF
iShares Trust - iShares ESG Advanced MSCI EAFE ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
DFSI
Dimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEWD

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EWD using Composer

FAQ

EWD is a Global Ex. US Equities ETF. The iShares MSCI Sweden ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Swedish market as measured by the MSCI Sweden 25/50 Index.

EWD tracks the MSCI Sweden 25/50 Index.

No, EWD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EWD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EWD is 0.0074%. This is the percent change in the value of EWD over the most recent 1-month period. The 3-month return on EWD is -0.0516%. This is the percent change in the value of EWD over the most recent 3-month period.

The standard deviation of EWD for the past year is 0.2656%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EWD include EWZ, EWW, and EWT.

ETFs correlated to EWD include SPEU, IEUR, and VGK.

ETFs that are inversely correlated to EWD include EPV, EFZ, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.