iShares MSCI Switzerland ETF (EWL): Historical Returns

Data Source: from January 1985 to February 2024 (~39 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 01 2024
Category: Stocks
iShares MSCI Switzerland ETF (EWL) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.58%
1 Day
Mar 01 2024
0.58%
Current Month
March 2024

In the last 30 Years, the iShares MSCI Switzerland ETF (EWL) ETF obtained a 7.67% compound annual return, with a 16.49% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Developed Europe
  • Country: Switzerland

The iShares MSCI Switzerland ETF (EWL) ETF is part of the following Lazy Portfolios:

Portfolio Name Author EWL Weight Currency
Dedalo Eleven Dedalo Invest 4.00% USD

Investment Returns as of Feb 29, 2024

The iShares MSCI Switzerland ETF (EWL) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES MSCI SWITZERLAND ETF (EWL) ETF
Consolidated returns as of 29 February 2024
Live Update: Mar 01 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~39Y)
iShares MSCI Switzerland ETF (EWL) ETF 0.58 0.58 -1.45 1.50 10.38 8.35 5.45 7.67 10.04
US Inflation Adjusted return -1.45 0.35 7.46 4.08 2.60 5.02 7.06
Returns over 1 year are annualized | Available data source: since Jan 1985
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 30Y: 2.52%

In 2023, the iShares MSCI Switzerland ETF (EWL) ETF granted a 2.44% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Switzerland ETF (EWL) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 9.18$, with a total return of 818.00% (7.67% annualized).

The Inflation Adjusted Capital now would be 4.35$, with a net total return of 334.86% (5.02% annualized).
An investment of 1$, since January 1985, now would be worth 42.45$, with a total return of 4144.98% (10.04% annualized).

The Inflation Adjusted Capital now would be 14.46$, with a net total return of 1346.13% (7.06% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of iShares MSCI Switzerland ETF (EWL) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES MSCI SWITZERLAND ETF (EWL) ETF
Advanced Metrics
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~39Y)
Investment Return (%) -1.45 3.08 1.50 10.38 4.79 8.35 5.45 7.78 7.67 10.04
Infl. Adjusted Return (%) details -1.45 2.53 0.35 7.46 -0.69 4.08 2.60 5.08 5.02 7.06
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.52 2.79
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -12.14 -27.53 -27.53 -27.53 -47.44 -47.44 -47.44
Start to Recovery (# months) details 5 26* 26* 26* 42 42 42
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 9 9 9 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 26 26 26
End (yyyy mm) 2023 12 - - - 2011 04 2011 04 2011 04
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-40.22 -40.22
Start to Recovery (# months) details 77 77
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 1998 08 1998 08
Start to Bottom (# months) 3 9 9 9 16 55 55
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2003 02 2003 02
Bottom to End (# months) 2 17 17 17 26 22 22
End (yyyy mm) 2023 12 - - - 2011 04 2004 12 2004 12
Longest negative period (# months) details 10* 31* 34 43 66 132 132
Period Start (yyyy mm) 2023 05 2021 08 2021 01 2015 06 2006 12 1998 03 1998 03
Period End (yyyy mm) 2024 02 2024 02 2023 10 2018 12 2012 05 2009 02 2009 02
Annualized Return (%) -0.55 -1.08 -0.11 -0.55 -0.07 -0.02 -0.02
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -12.97 -31.33 -31.33 -31.33 -48.42 -48.42 -48.42
Start to Recovery (# months) details 7* 26* 26* 26* 48 48 48
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 05 2007 05 2007 05
Start to Bottom (# months) 3 9 9 9 22 22 22
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 4 17 17 17 26 26 26
End (yyyy mm) - - - - 2011 04 2011 04 2011 04
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-46.86 -46.86
Start to Recovery (# months) details 90 90
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 05 1998 08 1998 08
Start to Bottom (# months) 3 9 9 9 22 55 55
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2003 02 2003 02
Bottom to End (# months) 4 17 17 17 26 35 35
End (yyyy mm) - - - - 2011 04 2006 01 2006 01
Longest negative period (# months) details 10* 36* 48 64 73 155 155
Period Start (yyyy mm) 2023 05 2021 03 2019 11 2017 06 2006 05 1996 04 1996 04
Period End (yyyy mm) 2024 02 2024 02 2023 10 2022 09 2012 05 2009 02 2009 02
Annualized Return (%) -3.11 -0.69 -0.46 -0.06 -0.64 -0.10 -0.10
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 15.70 17.75 16.19 14.04 15.77 16.49 17.20
Sharpe Ratio 0.33 0.14 0.40 0.30 0.41 0.33 0.35
Sortino Ratio 0.48 0.19 0.55 0.42 0.54 0.44 0.48
Ulcer Index 4.69 11.93 9.66 8.88 11.63 13.40 13.40
Ratio: Return / Standard Deviation 0.66 0.27 0.52 0.39 0.49 0.47 0.58
Ratio: Return / Deepest Drawdown 0.86 0.17 0.30 0.20 0.16 0.16 0.21
% Positive Months details 50% 52% 58% 57% 60% 58% 60%
Positive Months 6 19 35 69 144 211 282
Negative Months 6 17 25 51 96 149 188
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 5.45 11.88 12.75 17.82
Worst 10 Years Return (%) - Annualized 3.67 -0.36 -0.36
Best 10 Years Return (%) - Annualized 2.60 9.94 10.15 13.76
Worst 10 Years Return (%) - Annualized 1.81 -2.87 -2.87
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 58.51 28.05 21.97 12.75 9.69 7.67
Worst Rolling Return (%) - Annualized -43.67 -12.32 -8.27 -0.36 4.86
% Positive Periods 70% 80% 90% 99% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.19 24.23 14.95 8.35 5.05 6.88
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.08 5.30
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 55.17 24.58 19.51 10.15 7.01 5.02
Worst Rolling Return (%) - Annualized -43.67 -14.42 -10.57 -2.87 2.63
% Positive Periods 65% 73% 82% 96% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.19 24.23 14.95 8.35 5.05 6.88
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.08 5.30
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1985 - Feb 2024)
Best Rolling Return (%) - Annualized 115.30 39.03 26.96 17.82 13.26 11.62
Worst Rolling Return (%) - Annualized -43.67 -12.32 -8.27 -0.36 4.86 7.49
% Positive Periods 70% 83% 92% 99% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.19 24.23 14.95 8.35 5.05 5.28
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.08 4.04
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 110.38 34.97 23.85 13.76 9.95 8.70
Worst Rolling Return (%) - Annualized -43.67 -14.42 -10.57 -2.87 2.63 4.71
% Positive Periods 65% 73% 81% 97% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.19 24.23 14.95 8.35 5.05 5.28
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.08 4.04
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares MSCI Switzerland ETF (EWL) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES MSCI SWITZERLAND ETF (EWL) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs EWL
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.76
0.83
0.80
0.72
0.69
SPY
US Large Cap
0.77
0.84
0.81
0.72
0.69
IJR
US Small Cap
0.62
0.70
0.63
0.60
0.57
VNQ
US REITs
0.80
0.84
0.70
0.56
0.54
QQQ
US Technology
0.62
0.78
0.75
0.50
0.48
PFF
Preferred Stocks
0.61
0.73
0.66
0.45
0.43
EFA
EAFE Stocks
0.91
0.89
0.89
0.83
0.80
VT
World All Countries
0.83
0.87
0.85
0.80
0.78
EEM
Emerging Markets
0.74
0.71
0.68
0.65
0.62
VGK
Europe
0.93
0.90
0.90
0.85
0.83
VPL
Pacific
0.83
0.81
0.77
0.67
0.64
FLLA
Latin America
0.78
0.63
0.56
0.56
0.54
BND
US Total Bond Market
0.88
0.67
0.52
0.22
0.24
TLT
Long Term Treasuries
0.88
0.43
0.28
0.01
0.02
BIL
US Cash
-0.05
-0.03
0.01
0.00
0.01
TIP
TIPS
0.84
0.70
0.57
0.22
0.24
LQD
Invest. Grade Bonds
0.89
0.76
0.65
0.37
0.37
HYG
High Yield Bonds
0.87
0.75
0.73
0.60
0.59
CWB
US Convertible Bonds
0.69
0.70
0.70
0.64
0.62
BNDX
International Bonds
0.78
0.62
0.46
0.19
0.22
EMB
Emerg. Market Bonds
0.88
0.79
0.71
0.52
0.51
GLD
Gold
0.37
0.45
0.27
0.19
0.19
DBC
Commodities
0.07
0.39
0.35
0.27
0.26

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES MSCI SWITZERLAND ETF (EWL) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-47.44% Nov 2007 Feb 2009 16 Apr 2011 26 42 21.24
-40.22% Aug 1998 Feb 2003 55 Dec 2004 22 77 20.13
-27.53% Jan 2022 Sep 2022 9 in progress 17 26 13.86
-22.07% Jun 2011 Sep 2011 4 Jan 2013 16 20 12.61
-18.06% Jun 2015 Feb 2016 9 May 2017 15 24 10.49
-13.21% Feb 2020 Mar 2020 2 Jul 2020 4 6 7.14
-13.07% Feb 2018 Dec 2018 11 Jun 2019 6 17 6.85
-10.45% Apr 1996 Dec 1996 9 May 1997 5 14 5.56
-8.84% Aug 1997 Aug 1997 1 Dec 1997 4 5 4.24
-8.38% Sep 2021 Sep 2021 1 Dec 2021 3 4 4.06
-8.06% Jun 2014 Dec 2014 7 Apr 2015 4 11 4.69
-6.71% Sep 2020 Oct 2020 2 Nov 2020 1 3 3.45
-6.21% Jan 1996 Jan 1996 1 Mar 1996 2 3 3.54
-5.57% Mar 2005 Jun 2005 4 Aug 2005 2 6 3.64
-5.41% May 2007 Aug 2007 4 Oct 2007 2 6 3.04
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 76 4.8 Months 21.05%
 
DD = 0% 21.05%
 
0% < DD <= -5% 87 4.1 Months 24.10%
 
DD <= -5% 45.15%
 
-5% < DD <= -10% 68 5.3 Months 18.84%
 
DD <= -10% 63.99%
 
-10% < DD <= -15% 51 7.1 Months 14.13%
 
DD <= -15% 78.12%
 
-15% < DD <= -20% 32 11.3 Months 8.86%
 
DD <= -20% 86.98%
 
-20% < DD <= -25% 14 25.8 Months 3.88%
 
DD <= -25% 90.86%
 
-25% < DD <= -30% 13 27.8 Months 3.60%
 
DD <= -30% 94.46%
 
-30% < DD <= -35% 10 36.1 Months 2.77%
 
DD <= -35% 97.23%
 
-35% < DD <= -40% 6 60.2 Months 1.66%
 
DD <= -40% 98.89%
 
-40% < DD <= -45% 3 120.3 Months 0.83%
 
DD <= -45% 99.72%
 
-45% < DD <= -50% 1 361.0 Months 0.28%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-48.42% May 2007 Feb 2009 22 Apr 2011 26 48 21.82
-46.86% Aug 1998 Feb 2003 55 Jan 2006 35 90 24.44
-31.33% Jan 2022 Sep 2022 9 in progress 17 26 18.73
-22.69% Jun 2011 Sep 2011 4 Jan 2013 16 20 13.69
-18.18% Jun 2015 Feb 2016 9 May 2017 15 24 11.44
-14.42% Feb 2018 Dec 2018 11 Jun 2019 6 17 7.76
-12.95% Feb 2020 Mar 2020 2 Jul 2020 4 6 6.75
-12.47% Apr 1996 Dec 1996 9 May 1997 5 14 7.01
-9.07% Aug 1997 Aug 1997 1 Dec 1997 4 5 4.56
-8.75% Sep 2021 Sep 2021 1 Dec 2021 3 4 4.73
-7.80% Jun 2014 Dec 2014 7 Apr 2015 4 11 4.56
-7.03% Sep 2020 Oct 2020 2 Nov 2020 1 3 3.63
-6.69% Jan 1996 Jan 1996 1 Mar 1996 2 3 3.92
-5.52% Mar 1994 Nov 1994 9 Mar 1995 4 13 2.99
-4.93% May 2006 Jun 2006 2 Aug 2006 2 4 3.13
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 64 5.6 Months 17.73%
 
DD = 0% 17.73%
 
0% < DD <= -5% 69 5.2 Months 19.11%
 
DD <= -5% 36.84%
 
-5% < DD <= -10% 55 6.6 Months 15.24%
 
DD <= -10% 52.08%
 
-10% < DD <= -15% 57 6.3 Months 15.79%
 
DD <= -15% 67.87%
 
-15% < DD <= -20% 38 9.5 Months 10.53%
 
DD <= -20% 78.39%
 
-20% < DD <= -25% 30 12.0 Months 8.31%
 
DD <= -25% 86.70%
 
-25% < DD <= -30% 16 22.6 Months 4.43%
 
DD <= -30% 91.14%
 
-30% < DD <= -35% 12 30.1 Months 3.32%
 
DD <= -35% 94.46%
 
-35% < DD <= -40% 9 40.1 Months 2.49%
 
DD <= -40% 96.95%
 
-40% < DD <= -45% 8 45.1 Months 2.22%
 
DD <= -45% 99.17%
 
-45% < DD <= -50% 3 120.3 Months 0.83%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-47.44% Nov 2007 Feb 2009 16 Apr 2011 26 42 21.24
-40.22% Aug 1998 Feb 2003 55 Dec 2004 22 77 20.13
-27.53% Jan 2022 Sep 2022 9 in progress 17 26 13.86
-26.26% Sep 1987 Aug 1988 12 May 1990 21 33 18.42
-22.07% Jun 2011 Sep 2011 4 Jan 2013 16 20 12.61
-20.91% Aug 1990 Nov 1991 16 Sep 1992 10 26 15.22
-18.06% Jun 2015 Feb 2016 9 May 2017 15 24 10.49
-17.69% Oct 1992 Nov 1992 2 May 1993 6 8 11.45
-13.21% Feb 2020 Mar 2020 2 Jul 2020 4 6 7.14
-13.07% Feb 2018 Dec 2018 11 Jun 2019 6 17 6.85
-10.45% Apr 1996 Dec 1996 9 May 1997 5 14 5.56
-8.84% Aug 1997 Aug 1997 1 Dec 1997 4 5 4.24
-8.60% Feb 1994 May 1994 4 Mar 1995 10 14 6.22
-8.38% Sep 2021 Sep 2021 1 Dec 2021 3 4 4.06
-8.15% Sep 1986 Oct 1986 2 Dec 1986 2 4 4.20
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 109 4.3 Months 23.14%
 
DD = 0% 23.14%
 
0% < DD <= -5% 89 5.3 Months 18.90%
 
DD <= -5% 42.04%
 
-5% < DD <= -10% 86 5.5 Months 18.26%
 
DD <= -10% 60.30%
 
-10% < DD <= -15% 65 7.2 Months 13.80%
 
DD <= -15% 74.10%
 
-15% < DD <= -20% 61 7.7 Months 12.95%
 
DD <= -20% 87.05%
 
-20% < DD <= -25% 25 18.8 Months 5.31%
 
DD <= -25% 92.36%
 
-25% < DD <= -30% 16 29.4 Months 3.40%
 
DD <= -30% 95.75%
 
-30% < DD <= -35% 10 47.1 Months 2.12%
 
DD <= -35% 97.88%
 
-35% < DD <= -40% 6 78.5 Months 1.27%
 
DD <= -40% 99.15%
 
-40% < DD <= -45% 3 157.0 Months 0.64%
 
DD <= -45% 99.79%
 
-45% < DD <= -50% 1 471.0 Months 0.21%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-48.42% May 2007 Feb 2009 22 Apr 2011 26 48 21.82
-46.86% Aug 1998 Feb 2003 55 Jan 2006 35 90 24.44
-31.48% Sep 1987 May 1989 21 Sep 1993 52 73 21.96
-31.33% Jan 2022 Sep 2022 9 in progress 17 26 18.73
-22.69% Jun 2011 Sep 2011 4 Jan 2013 16 20 13.69
-18.18% Jun 2015 Feb 2016 9 May 2017 15 24 11.44
-14.42% Feb 2018 Dec 2018 11 Jun 2019 6 17 7.76
-12.95% Feb 2020 Mar 2020 2 Jul 2020 4 6 6.75
-12.47% Apr 1996 Dec 1996 9 May 1997 5 14 7.01
-10.72% Feb 1994 Nov 1994 10 Mar 1995 4 14 7.59
-9.07% Aug 1997 Aug 1997 1 Dec 1997 4 5 4.56
-8.76% Jan 1985 Feb 1985 2 Mar 1985 1 3 4.41
-8.75% Sep 2021 Sep 2021 1 Dec 2021 3 4 4.73
-8.65% Sep 1986 Oct 1986 2 Dec 1986 2 4 4.51
-7.80% Jun 2014 Dec 2014 7 Apr 2015 4 11 4.56
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 91 5.2 Months 19.32%
 
DD = 0% 19.32%
 
0% < DD <= -5% 67 7.0 Months 14.23%
 
DD <= -5% 33.55%
 
-5% < DD <= -10% 73 6.5 Months 15.50%
 
DD <= -10% 49.04%
 
-10% < DD <= -15% 62 7.6 Months 13.16%
 
DD <= -15% 62.21%
 
-15% < DD <= -20% 51 9.2 Months 10.83%
 
DD <= -20% 73.04%
 
-20% < DD <= -25% 57 8.3 Months 12.10%
 
DD <= -25% 85.14%
 
-25% < DD <= -30% 36 13.1 Months 7.64%
 
DD <= -30% 92.78%
 
-30% < DD <= -35% 14 33.6 Months 2.97%
 
DD <= -35% 95.75%
 
-35% < DD <= -40% 9 52.3 Months 1.91%
 
DD <= -40% 97.66%
 
-40% < DD <= -45% 8 58.9 Months 1.70%
 
DD <= -45% 99.36%
 
-45% < DD <= -50% 3 157.0 Months 0.64%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES MSCI SWITZERLAND ETF (EWL) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -43.67 03/2008
02/2009
0.56$ -8.95 0.91$ 10.50 1.10$ 26.57 1.26$ 58.51 03/2009
02/2010
1.58$ 10.38 29.80%
2Y -23.66 03/2007
02/2009
0.58$ -4.33 0.91$ 8.75 1.18$ 20.87 1.46$ 37.49 03/2009
02/2011
1.89$ 0.94 25.22%
3Y -12.32 04/2000
03/2003
0.67$ -2.13 0.93$ 8.35 1.27$ 17.15 1.60$ 28.05 04/2003
03/2006
2.09$ 4.79 20.00%
5Y -8.27 04/1998
03/2003
0.64$ 1.48 1.07$ 6.68 1.38$ 14.28 1.94$ 21.97 03/2009
02/2014
2.69$ 8.35 9.97%
7Y -1.14 04/1996
03/2003
0.92$ 4.59 1.36$ 7.00 1.60$ 9.53 1.89$ 13.65 04/2003
03/2010
2.44$ 8.25 0.36%
10Y -0.36 03/1999
02/2009
0.96$ 5.02 1.63$ 7.57 2.07$ 9.92 2.57$ 12.75 04/2003
03/2013
3.32$ 5.45 0.41%
15Y 4.49 10/2007
09/2022
1.93$ 5.81 2.33$ 7.06 2.78$ 8.21 3.26$ 10.69 03/2009
02/2024
4.58$ 10.69 0.00%
20Y 4.86 01/1999
12/2018
2.58$ 6.21 3.33$ 6.96 3.84$ 8.86 5.45$ 9.69 04/2003
03/2023
6.35$ 7.78 0.00%
30Y 7.67 03/1994
02/2024
9.18$ 7.67 9.18$ 7.67 9.18$ 7.67 9.18$ 7.67 03/1994
02/2024
9.18$ 7.67 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -43.67 03/2008
02/2009
0.56$ -11.54 0.88$ 7.92 1.07$ 23.26 1.23$ 55.17 03/2009
02/2010
1.55$ 7.46 34.67%
2Y -25.20 03/2007
02/2009
0.55$ -6.77 0.86$ 6.63 1.13$ 17.91 1.39$ 34.61 03/2009
02/2011
1.81$ -3.24 31.75%
3Y -14.42 04/2000
03/2003
0.62$ -4.37 0.87$ 5.95 1.18$ 14.58 1.50$ 24.58 04/2003
03/2006
1.93$ -0.69 26.15%
5Y -10.57 04/1998
03/2003
0.57$ -0.81 0.96$ 4.33 1.23$ 11.15 1.69$ 19.51 03/2009
02/2014
2.43$ 4.08 17.61%
7Y -3.48 04/1996
03/2003
0.78$ 1.88 1.13$ 4.72 1.38$ 7.05 1.61$ 11.16 03/2009
02/2016
2.09$ 4.62 6.86%
10Y -2.87 03/1999
02/2009
0.74$ 2.69 1.30$ 5.09 1.64$ 7.51 2.06$ 10.15 04/2003
03/2013
2.62$ 2.60 3.32%
15Y 2.07 10/2007
09/2022
1.35$ 3.39 1.64$ 4.68 1.98$ 6.02 2.40$ 8.24 02/2003
01/2018
3.28$ 7.95 0.00%
20Y 2.63 01/1999
12/2018
1.67$ 3.98 2.18$ 4.76 2.53$ 6.35 3.42$ 7.01 04/2003
03/2023
3.87$ 5.08 0.00%
30Y 5.02 03/1994
02/2024
4.34$ 5.02 4.34$ 5.02 4.34$ 5.02 4.34$ 5.02 03/1994
02/2024
4.34$ 5.02 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -43.67 03/2008
02/2009
0.56$ -7.69 0.92$ 10.64 1.10$ 28.18 1.28$ 115.30 03/1985
02/1986
2.15$ 10.38 29.19%
2Y -23.66 03/2007
02/2009
0.58$ -3.67 0.92$ 9.18 1.19$ 22.73 1.50$ 68.18 03/1985
02/1987
2.82$ 0.94 23.49%
3Y -12.32 04/2000
03/2003
0.67$ -1.06 0.96$ 8.35 1.27$ 19.93 1.72$ 39.03 03/1985
02/1988
2.68$ 4.79 16.78%
5Y -8.27 04/1998
03/2003
0.64$ 1.92 1.09$ 8.10 1.47$ 16.69 2.16$ 26.96 03/1993
02/1998
3.29$ 8.35 7.79%
7Y -1.14 04/1996
03/2003
0.92$ 5.16 1.42$ 7.88 1.70$ 13.89 2.48$ 21.61 08/1991
07/1998
3.93$ 8.25 0.26%
10Y -0.36 03/1999
02/2009
0.96$ 5.44 1.69$ 8.50 2.26$ 12.27 3.18$ 17.82 03/1985
02/1995
5.15$ 5.45 0.28%
15Y 4.49 10/2007
09/2022
1.93$ 6.16 2.45$ 7.71 3.04$ 10.62 4.54$ 16.34 01/1985
12/1999
9.67$ 10.69 0.00%
20Y 4.86 01/1999
12/2018
2.58$ 6.50 3.52$ 8.80 5.40$ 9.82 6.51$ 13.26 03/1985
02/2005
12.06$ 7.78 0.00%
30Y 7.49 12/1986
11/2016
8.71$ 7.98 10.00$ 8.66 12.06$ 9.57 15.49$ 11.62 03/1985
02/2015
27.06$ 7.67 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -43.67 03/2008
02/2009
0.56$ -10.61 0.89$ 7.87 1.07$ 24.47 1.24$ 110.38 05/1985
04/1986
2.10$ 7.46 34.64%
2Y -25.20 03/2007
02/2009
0.55$ -6.61 0.87$ 6.63 1.13$ 19.61 1.43$ 64.00 03/1985
02/1987
2.68$ -3.24 34.45%
3Y -14.42 04/2000
03/2003
0.62$ -3.74 0.89$ 5.86 1.18$ 16.61 1.58$ 34.97 03/1985
02/1988
2.45$ -0.69 26.90%
5Y -10.57 04/1998
03/2003
0.57$ -0.99 0.95$ 5.38 1.29$ 13.95 1.92$ 23.85 03/1993
02/1998
2.91$ 4.08 18.49%
7Y -3.48 04/1996
03/2003
0.78$ 2.39 1.17$ 5.32 1.43$ 10.33 1.99$ 18.51 08/1991
07/1998
3.28$ 4.62 4.91%
10Y -2.87 03/1999
02/2009
0.74$ 3.29 1.38$ 6.08 1.80$ 9.26 2.42$ 13.76 03/1985
02/1995
3.63$ 2.60 2.28%
15Y 2.07 10/2007
09/2022
1.35$ 3.60 1.70$ 5.23 2.14$ 7.95 3.15$ 12.75 01/1985
12/1999
6.04$ 7.95 0.00%
20Y 2.63 01/1999
12/2018
1.67$ 4.25 2.29$ 6.08 3.25$ 6.88 3.78$ 9.95 03/1985
02/2005
6.66$ 5.08 0.00%
30Y 4.71 12/1986
11/2016
3.97$ 5.21 4.58$ 6.08 5.87$ 6.96 7.51$ 8.70 03/1985
02/2015
12.22$ 5.02 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares MSCI Switzerland ETF (EWL) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares MSCI Switzerland ETF (EWL) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.26
40%
-3.45
0%
0.97
80%
2.39
80%
0.57
40%
1.35
80%
2.85
80%
-0.99
60%
-4.54
20%
0.95
60%
5.44
80%
4.08
80%
Best 7.9
2023
-1.5
2024
4.5
2023
6.1
2023
5.3
2021
6.6
2019
4.7
2022
3.0
2020
0.6
2019
7.0
2021
9.7
2022
6.8
2021
Worst -6.4
2022
-7.0
2020
-6.7
2020
-5.5
2022
-3.8
2023
-7.0
2022
-1.0
2019
-6.6
2022
-8.4
2021
-5.2
2020
-0.9
2021
-2.2
2022
Monthly Seasonality over the period Feb 1985 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.73
60%
-1.65
30%
1.13
70%
2.39
80%
0.86
50%
0.14
60%
2.28
80%
-0.95
50%
-2.68
30%
-0.29
40%
2.63
70%
1.70
70%
Best 7.9
2023
4.9
2015
4.9
2016
6.1
2023
5.3
2021
6.6
2019
6.5
2018
3.0
2020
2.1
2017
7.0
2021
9.7
2022
6.8
2021
Worst -6.4
2022
-7.0
2020
-6.7
2020
-5.5
2022
-3.8
2023
-7.0
2022
-4.4
2014
-6.7
2015
-8.4
2021
-5.2
2020
-2.8
2015
-5.1
2018
Monthly Seasonality over the period Feb 1985 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.63
45%
0.01
53%
1.64
67%
2.52
72%
1.08
54%
0.76
59%
2.00
67%
-0.47
49%
-0.55
56%
0.50
59%
1.42
59%
2.87
82%
Best 9.6
1994
9.0
1998
12.7
1985
12.8
1986
15.4
1990
8.7
1989
16.3
1985
9.3
1986
9.0
1995
17.7
1998
10.2
1985
11.8
2000
Worst -14.6
2009
-11.3
2009
-10.2
2001
-5.5
2022
-10.7
2010
-7.7
1991
-13.9
2002
-18.6
1998
-12.2
2011
-15.0
1987
-9.3
2008
-5.1
2018
Monthly Seasonality over the period Feb 1985 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares MSCI Switzerland ETF (EWL) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES MSCI SWITZERLAND ETF (EWL) ETF
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
211 Positive Months (59%) - 149 Negative Months (41%)
282 Positive Months (60%) - 188 Negative Months (40%)
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(Scroll down to see all data)
Investment Returns, up to December 1996, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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