iShares MSCI Sweden ETF (EWD)

Look-through valuation · Country · Expense ratio 0.54 % · ISIN US4642867562

EWD iShares MSCI Sweden ETF EWD overvalued

Holdings vs fair value −8.6 % weighted average

Quality 63/100 avg alpha quality

Expense ratio 0.54 % per year (TER)

Fund size $ 310M yield 3.59 %

The look-through covers 90 % of the fund by weight (38 of 43 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 1996)

Monthly close since 1996. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding	Weight	vs fair value	Quality
Investor AB ser. B INVE-B	9.5 %	+100.6 %	73
Spotify Technology SA SPOT	9.4 %	−56.8 %	54
AB Volvo (publ) VOLV-B	7.2 %	−14.9 %	62
Atlas Copco AB Series A ATCO-A	6.7 %	−39.7 %	67
Sandvik AB SAND	5.6 %	−49.8 %	71
Swedbank AB (publ) SWED-A	4.2 %	+3.4 %	62
Skandinaviska Enskilda Banken AB (publ) SEB-A	4.1 %	−1.0 %	71
ASSA ABLOY AB (publ) ASSA-B	4.0 %	−18.2 %	60
Telefonaktiebolaget LM Ericsson (publ) ERIC-B	3.7 %	+62.2 %	73
Atlas Copco AB Series B ATCO-B	3.5 %	n/a	n/a
Svenska Handelsbanken AB (publ) SHB-A	2.8 %	+14.3 %	61
Epiroc AB (publ) EPI-A	2.3 %	−42.8 %	66
Essity AB (publ) ESSITY-B	2.3 %	−0.7 %	67
Saab AB (publ) SAAB-B	2.2 %	−59.1 %	51
Hexagon AB (publ) HEXA-B	2.2 %	−42.5 %	54
Alfa Laval AB ALFA	2.2 %	n/a	n/a
Boliden AB BOL	2.0 %	−10.9 %	53
EQT AB (publ) EQT	1.9 %	−59.6 %	52
Telia Company AB TELIA	1.5 %	−57.5 %	58
Tele2 AB (publ) TEL2-B	1.3 %	−32.3 %	71
Evolution AB (publ) EVO	1.2 %	+38.7 %	72
Swedish Orphan Biovitrum AB (publ) SOBI	1.2 %	−79.3 %	66
AB SKF (publ) SKF-B	1.2 %	−26.0 %	63
Addtech AB (publ.) ADDT-B	1.2 %	−54.1 %	59
Epiroc AB (publ) EPI-B	1.2 %	n/a	n/a

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 43 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives iShares MSCI Sweden ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.