iShares MSCI Switzerland ETF (EWL) Sharpe Ratio: 0.93

EWL's Sharpe Ratio of 0.93 indicates that for each unit of volatility, it generates 0.93 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

EWL Sharpe Ratio Rank

Average

EWL ranks above 54.5% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns are proportional to volatility—neither strong nor weak
Evaluate whether the volatility profile aligns with your risk tolerance
Review higher-ranked alternatives in the same category
Monitor rank direction to identify improving or deteriorating trends

EWL Sharpe Ratio Market Positioning

The chart shows EWL's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.46 or lower
Yellow zone (middle 50%): 0.46 to 1.40
Green zone (top 25%): 1.40 or higher
Top 1%: 5.70+
Median: 0.94 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares MSCI Switzerland ETF's Sharpe Ratio with other ETFs in the Europe Equities category across multiple time periods, showing how EWL's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 1, 2026.

Symbol	Name	1Y Sharpe Ratio
EFNL	iShares MSCI Finland ETF	2.17
EWP	iShares MSCI Spain ETF	2.17
EWO	iShares MSCI Austria ETF	2.14
NORW	Global X MSCI Norway ETF	2.07
ENOR	iShares MSCI Norway ETF	2.04
FEP	First Trust Europe AlphaDEX Fund	2.00
FDD	First Trust STOXX European Select Dividend Index Fund	2.00
EUSC	WisdomTree Europe Hedged SmallCap Equity Fund	1.70
OPPE	WisdomTree European Opportunities Fund	1.70
RFEU	First Trust RiverFront Dynamic Europe ETF	1.68
EWL	iShares MSCI Switzerland ETF	0.93

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows EWL's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when EWL consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore EWL risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

EWL Sortino Ratio