When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
The iShares MSCI Switzerland Capped ETF (EWL) is one of the top-performing single-country ETFs since the beginning of the year with a 21% return. Accordingly, it is also one of the most expensive ETFs with a weighted average P/E ratio of 21X. To compare, Switzerland's next-door neighbor Austria's ETF, EWO, has seen no net performance this year and has a weighted average P/E ratio of only 9.9X.
What has been the impetus for this huge valuation gap and buying spree? Per usual, mass perception of risk. It appears that