EWL vs IQLT: Holdings Overlap
EWLiShares MSCI Switzerland ETF
iShares · 42 holdings · $2.2B · as of 2026-05-31
IQLTiShares MSCI Intl Quality Factor ETF
iShares · 309 holdings · $14.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWL: 2026-05-31, IQLT: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EWL and IQLT?
iShares MSCI Switzerland ETF (EWL, by iShares) holds 42 positions; iShares MSCI Intl Quality Factor ETF (IQLT, by iShares) holds 309. They have 28 holdings in common, and by portfolio weight the two funds are 15.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28EWL holds 42 · IQLT holds 309
- Weight in Shared Holdings
- EWL 77%·IQLT 15%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EWL
14 of 42 positions (21.4% of the fund) are not held by IQLT.
Sector Breakdown
| Sector | EWL | IQLT |
|---|---|---|
| Health Care | 37.9% | 9.4% |
| Financials | 17.3% | 23.4% |
| Industrials | 11.3% | 17.3% |
| Consumer Staples | 14.3% | 6.2% |
| Information Technology | 1.1% | 10.8% |
| Other Sectors | 13.4% | 27.3% |
| Unclassified | 3.2% | 5.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (3% of EWL, 5% of IQLT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWL | +1.7% | +9.5% | +22.3% | +13.4% | +7.3% | +10.1% | 1.69% |
| IQLT | +4.5% | +15.4% | +24.8% | +16.1% | +8.2% | +10.1% | 2.31% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EWL vs IQLT →
Shared Holdings(28)
The top 10 shared positions account for 85% of the overlap, led by NOVN, ABBN and ROP.
 NOVNNovartis AG (Registered) | 13.56% | 2.25% | 2.25% |
|---|---|---|---|
 ABBNABB Ltd. CHF0.12 (REGD) | 5.41% | 2.21% | 2.21% |
 ROPRoche Holding AG | 14.03% | 2.17% | 2.17% |
 NESNNestle SA (Registered) | 12.34% | 1.99% | 1.99% |
 ZURNZurich Insurance Group AG | 4.44% | 1.61% | 1.61% |
 CFRCie Financiere Richemont SA (Registered) | 4.78% | 0.76% | 0.76% |
 SRENSwiss Re AG | 2.32% | 0.51% | 0.51% |
 PGHNPartners Group Holding AG | 1.32% | 0.48% | 0.48% |
 GEBNGeberit AG (Registered) | 1.23% | 0.37% | 0.37% |
 HOLNHolcim AG | 2.64% | 0.33% | 0.33% |
 VACNVAT Group AG | 1.37% | 0.30% | 0.30% |
 HBANHelvetia Baloise Holding AG | 1.37% | 0.26% | 0.26% |
 GIVNGivaudan SA (Registered) | 1.83% | 0.26% | 0.26% |
 SIKASika AG (Registered) | 1.63% | 0.18% | 0.18% |
 KNINKuehne + Nagel International AG (Registered) | 0.76% | 0.18% | 0.18% |
 SCHPSchindler Holding AG Participation Certificates | 0.84% | 0.17% | 0.17% |
 LOGNLogitech International S.A., Class R | 1.09% | 0.15% | 0.15% |
 BEANBELIMO Holding AG CHF0.05 (REGD) | 0.70% | 0.15% | 0.15% |
 RORoche Holding AG | 0.39% | 0.10% | 0.10% |
 SCHNSchindler Holding AG (Registered) | 0.55% | 0.10% | 0.10% |
| SWISS FRANC | 0.29% | 0.08% | 0.08% |
 STMNStraumann Holding AG (Registered) | 0.83% | 0.07% | 0.07% |
 LISNChocoladefabriken Lindt & Spruengli AG (Registered) | 0.78% | 0.06% | 0.06% |
 LISPChocoladefabriken Lindt & Spruengli AG | 0.68% | 0.05% | 0.05% |
 EMSNEMS-Chemie Holding AG (Registered) | 0.56% | 0.05% | 0.05% |
Frequently Asked Questions
How much do EWL and IQLT overlap?
EWL and IQLT overlap by 15.0% of portfolio weight. They share 28 holdings (EWL holds 42 positions and IQLT holds 309), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWL and IQLT?
The two portfolios are 15.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of EWL and IQLT?
The largest positions held by both funds are NOVN, ABBN, ROP, NESN and ZURN. Together the top 10 shared positions account for 85% of the total overlap.
What does EWL own that IQLT doesn't?
14 positions (21.4% of EWL) are unique to EWL, led by UBSG, LONN and GALD. In the other direction, 281 positions (84.3% of IQLT) are unique to IQLT.