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S&P chose EWL (iShares Switzerland) as July's 'Featured ETF' based on factors like...

S&P chose EWL (iShares Switzerland) as July's 'Featured ETF' based on factors like performance, cost, yield above 1.5% and a beta below 0.9. YTD, EWL is down 2.9% vs. a -7.3% return for EFA, which tracks the MSCI EAFE Index, yet EWL trades at 11.7 times 2010 earnings estimates, a 5% discount to EFA's projected P/E of 12.4.
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