closedendtrader

Switzerland ETF Getting Ready to Rebound

If you want to play Switzerland, consider buying SWZ rather than EWL. SWZ has out-performed EWL by 3% - 4% per year on an NAV basis over the trailing 1, 3, 5, and 10 years. While the current 12.8% discount to NAV on SWZ is not compellingly high, it more than makes up for the incremental fees you pay for active management in SWZ vs. index management in EWL. Disclosure: I am long SWZ.