I Know the Week isn't OverBUTTT - Check out EWD vs. SPY
Seeing this country ETF outperforming the S&P 500 is a evidence of risk appetite in stocks!
Key stats
About iShares Inc iShares MSCI Sweden ETF
Expense ratio
0.54%
Home page
Inception date
Mar 12, 1996
ISIN
US4642867562
EWD seeks to provide focused exposure by investing in an index of purely Swedish stocks. It mainly invests in large- and midcaps, but still manages to capture the majority of the market. Also, despite its large-cap bias, EWD is broadly representative of the different sectors. The underlying index selects and weights its holdings by market-cap, with a cap of 25% per company to ensure diversification. However, investors must still be conscious of the funds composition before investing, as the limited pool of Swedish companies may yield a top heavy portfolio. The fund uses a sampling strategy, meaning the fund may not hold all the stocks of the underlying index but will hold securities that collectively have the same investment profile. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Finance
Stock breakdown by region
