EWL vs SCHF: Holdings Overlap
EWLiShares MSCI Switzerland ETF
iShares · 42 holdings · $2.2B · as of 2026-05-31
SCHFSchwab International Equity ETF
Schwab · 1476 holdings · $67.5B · as of 2026-05-31
How similar are EWL and SCHF?
iShares MSCI Switzerland ETF (EWL, by iShares) holds 42 positions; Schwab International Equity ETF (SCHF, by Schwab) holds 1476. They have 40 holdings in common, and by portfolio weight the two funds are 6.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 40EWL holds 42 · SCHF holds 1476
- Weight in Shared Holdings
- EWL 98%·SCHF 7%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
2 of 42 positions (0.3% of the fund) are not held by SCHF.
- SWISS FRANC0.29%
- Euro0.04%
Sector Breakdown
| Sector | EWL | SCHF |
|---|---|---|
| Health Care | 37.9% | 7.1% |
| Financials | 17.3% | 21.7% |
| Information Technology | 1.1% | 15.5% |
| Industrials | 11.3% | 14.5% |
| Consumer Staples | 14.3% | 5.3% |
| Other Sectors | 13.4% | 23.7% |
| Unclassified | 3.2% | 11.5% |
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, 12% of SCHF).
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% |
| SCHF | +2.7% | +18.1% | +30.6% | +20.0% | +10.5% | +10.4% | 2.99% |
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 SCHF →
Shared Holdings(40)
The top 10 shared positions account for 75% of the overlap, led by ROP, NOVN and NESN.
 ROPRoche Holding AG | 14.03% | 0.99% | 0.99% |
|---|---|---|---|
 NOVNNovartis AG (Registered) | 13.56% | 0.97% | 0.97% |
 NESNNestle SA (Registered) | 12.34% | 0.88% | 0.88% |
 ABBNABB Ltd. (Registered) | 5.41% | 0.56% | 0.56% |
 UBSGUBS Group AG (Registered) | 5.13% | 0.50% | 0.50% |
 CFRCie Financiere Richemont SA (Registered) | 4.78% | 0.38% | 0.38% |
 ZURNZurich Insurance Group AG | 4.44% | 0.36% | 0.36% |
 HOLNHolcim AG | 2.64% | 0.16% | 0.16% |
 LONNLonza Group AG (Registered) | 2.35% | 0.15% | 0.15% |
 SRENSwiss Re AG | 2.32% | 0.15% | 0.15% |
 GALDGalderma Group AG | 2.24% | 0.13% | 0.13% |
 SDZSandoz Group AG | 1.93% | 0.12% | 0.12% |
 ALCAlcon AG | 1.77% | 0.11% | 0.11% |
 SIKASika AG | 1.63% | 0.10% | 0.10% |
 SLHNSwiss Life Holding AG | 1.69% | 0.10% | 0.10% |
 GIVNGivaudan SA (Registered) | 1.83% | 0.10% | 0.10% |
 PGHNPartners Group Holding AG | 1.32% | 0.08% | 0.08% |
 GEBNGeberit AG | 1.23% | 0.07% | 0.07% |
 SCMNSwisscom AG | 1.29% | 0.07% | 0.07% |
 VACNVAT Group AG | 1.37% | 0.07% | 0.07% |
 HBANHelvetia Baloise Holding AG | 1.37% | 0.07% | 0.07% |
 SGSNSGS SA (Registered) | 1.10% | 0.06% | 0.06% |
 LOGNLogitech International S.A., Class R | 1.09% | 0.06% | 0.06% |
 BAERJulius Baer Group Ltd | 1.03% | 0.06% | 0.06% |
 SCHPSchindler Holding AG Participation Certificates | 0.84% | 0.05% | 0.05% |
Frequently Asked Questions
How much do EWL and SCHF overlap?
EWL and SCHF overlap by 6.8% of portfolio weight. They share 40 holdings (EWL holds 42 positions and SCHF holds 1476), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWL and SCHF?
The two portfolios are 6.8% 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 SCHF?
The largest positions held by both funds are ROP, NOVN, NESN, ABBN and UBSG. Together the top 10 shared positions account for 75% of the total overlap.
What does EWL own that SCHF doesn't?
2 positions (0.3% of EWL) are unique to EWL, led by SWISS FRANC and Euro. In the other direction, 1436 positions (92.5% of SCHF) are unique to SCHF.