- ISIN
- US4642867562
- CUSIP
- 464286756
- Issuer
- iShares
- Inception Date
- Mar 12, 1996
- Region
- Developed Europe (Sweden)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Sweden Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $287M
Share Price Chart
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Performance
EWD Performance Chart
iShares MSCI Sweden ETF (EWD) is up 4.3% since the beginning of the year. EWD is currently trading at $50 per share. Investors who bought $1,000 worth of EWD shares 5 years ago would now be looking at an investment worth $1,277.
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Returns By Period
iShares MSCI Sweden ETF (EWD) has returned 4.32% so far this year and 18.68% over the past 12 months. Over the last ten years, EWD has returned 10.29% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares MSCI Sweden ETF
- 1D
- -0.34%
- 1M
- -2.05%
- YTD
- 4.32%
- 6M
- 5.24%
- 1Y
- 18.68%
- 3Y*
- 17.33%
- 5Y*
- 5.01%
- 10Y*
- 10.29%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
EWD Monthly Returns History
Based on dividend-adjusted daily data since Apr 1, 1996, EWD's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2009 with a return of +23.4%, while the worst month was Oct 2008 at -25.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, EWD closed higher 51% of trading days. The best single day was Nov 24, 2008 with a return of +13.3%, while the worst single day was Oct 15, 2008 at -13.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.18% | 4.69% | -10.96% | 6.12% | 2.01% | -2.62% | 4.32% | ||||||
| 2025 | 9.51% | 5.53% | -2.46% | 3.71% | 4.15% | 2.92% | -4.11% | 5.77% | 1.75% | 1.67% | -0.17% | 4.03% | 36.55% |
| 2024 | -5.40% | 5.89% | 1.06% | -3.93% | 9.22% | -2.47% | 0.62% | 4.12% | 2.94% | -8.04% | -3.16% | -3.44% | -3.90% |
| 2023 | 8.10% | 1.06% | 0.62% | 4.70% | -7.71% | 3.15% | 0.96% | -6.82% | -1.05% | -4.58% | 14.46% | 12.29% | 25.07% |
| 2022 | -8.89% | -10.40% | 2.72% | -7.57% | 1.64% | -14.24% | 11.69% | -11.56% | -9.41% | 8.11% | 13.68% | -2.90% | -27.84% |
| 2021 | 2.24% | 3.27% | 6.04% | 4.17% | 4.42% | -2.04% | 4.33% | -1.03% | -6.39% | 6.82% | -5.95% | 6.02% | 22.84% |
Benchmark Metrics
iShares MSCI Sweden ETF has an annualized alpha of 1.84%, beta of 1.09, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since April 01, 1996.
- This ETF captured 118.89% of S&P 500 Index gains and 117.11% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.47 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.84%
- Beta
- 1.09
- R²
- 0.47
- Upside Capture
- 118.89%
- Downside Capture
- 117.11%
Expense Ratio
EWD has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EWD ranks 27 for risk / return — below 27% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI Sweden ETF (EWD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EWD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.37 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 2.78 | -1.49 |
| Martin ratioReturn relative to average drawdown | 4.25 | 12.44 | -8.19 |
Dividends
Dividend History
iShares MSCI Sweden ETF provided a 3.58% dividend yield over the last twelve months, with an annual payout of $1.80 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.80 | $1.61 | $0.66 | $0.95 | $1.19 | $2.53 | $0.39 | $1.36 | $1.46 | $1.10 | $1.12 | $1.19 |
Dividend yield | 3.58% | 3.27% | 1.77% | 2.41% | 3.68% | 5.46% | 0.98% | 4.15% | 5.17% | 3.23% | 3.91% | 4.08% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI Sweden ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $1.19 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $1.61 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.95 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $1.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $2.53 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI Sweden ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares MSCI Sweden ETF was 75.40%, occurring on Oct 9, 2002. Recovery took 1016 trading sessions.
The current iShares MSCI Sweden ETF drawdown is 6.15%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -75.40%Oct 2002 | 2y 7mo | 4y 12d | 6y 7moMar 2000 - Oct 2006 |
Financial crisis2007–2009 | -68.07%Mar 2009 | 1y 7mo | 2y 1mo | 3y 9moJul 2007 - Apr 2011 |
Bear market2022 | -42.33%Sep 2022 | 1y 1mo | 2y 4mo | 3y 6moAug 2021 - Feb 2025 |
1998 bear market1998 | -41.42%Oct 1998 | 2mo 19d | 10mo 19d | 1y 1moJul 1998 - Aug 1999 |
COVID crash2020 | -37.22%Mar 2020 | 1mo 9d | 3mo 26d | 5mo 5dFeb 2020 - Jul 2020 |
Drawdown Indicators
| EWD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.40% | -56.78% | -18.62% |
Max Drawdown (1Y)Largest decline over 1 year | -14.49% | -9.10% | -5.39% |
Max Drawdown (3Y)Largest decline over 3 years | -17.84% | -18.90% | +1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -42.33% | -25.43% | -16.90% |
Max Drawdown (10Y)Largest decline over 10 years | -42.33% | -33.92% | -8.41% |
Current DrawdownCurrent decline from peak | -6.15% | -1.80% | -4.35% |
Average DrawdownAverage peak-to-trough decline | -19.20% | -10.71% | -8.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 2.03% | +2.38% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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