- There are 48 holdings in the EWL portfolio, 40 of which are classified as equities. The top ten names have a weight of over 68%.
- EWL investors should not expect solid FX tailwinds that can bolster price returns, as the SNB clearly does not want the stronger CHF to cause troubles for the economy.
- The ETF is overweight in healthcare, consumer staples, and financials. These three sectors account for 72.5% (33.7%, 20.9%, and 17.9%, respectively).
- EWL's 5-year total return is subpar if compared to SPY.
For further details see:
EWL: Relatively Cheap But Not Attractive