EWL: A More Political Stable, But Too Expensive Alternative To The U.S.

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  Posted by Two Blokes Apr 17 - Filed in Stock - 5 views
  
  Switzerland offers a stable investment environment with solid economic data, low inflation, and a healthy labor market. The iShares MSCI Switzerland ETF is expensive with a P/E ratio of 21.18 and a P/B ratio of 3.31, almost similar to the S&P 500. EWL's high allocation to Nestle, Roche, and Novartis poses diversification risks, and their low growth rates do not justify the ETF's high valuation.