iShares MSCI Sweden ETF (EWD) Holdings
EWD holdings summary
as of Oct 25, 2026- Holdings
- 39 positions listed
- Top 10 weight
- 59.6% of net assets
- Effective holdings
- 20 equal-weight equivalent
- Largest holding
- SPOT 11.96% Spotify Technology S.A
- Annual turnover
- 13.0% of the portfolio traded
All EWD holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | SPOT | Spotify Technology S.A | Communication Services | 11.96% | $126.0M | $109.07B | 30.5 |
| 2 | INVE-B | Investor AB ser. B | Financial Services | 9.74% | $102.6M | — | — |
| 3 | VOLV-B | AB Volvo (publ) | Industrials | 6.84% | $72.0M | — | — |
| 4 | ATCO-A | Atlas Copco AB Series A | Industrials | 6.31% | $66.5M | — | — |
| 5 | SAND | Sandvik AB | Industrials | 4.95% | $52.1M | — | — |
| 6 | ASSA-B | ASSA ABLOY AB (publ) | Industrials | 4.87% | $51.3M | — | — |
| 7 | SWED-A | Swedbank AB (publ) | Financial Services | 4.24% | $44.6M | — | — |
| 8 | SEB-A | Skandinaviska Enskilda Banken AB (publ) | Financial Services | 3.84% | $40.5M | — | — |
| 9 | ERIC-B | Telefonaktiebolaget LM Ericsson (publ) | Technology | 3.77% | $39.7M | — | — |
| 10 | ATCO-B | Atlas Copco AB Series B | Industrials | 3.08% | $32.5M | — | — |
| 11 | HEXA-B | Hexagon AB (publ) | Technology | 2.87% | $30.3M | — | — |
| 12 | SHB-A | Svenska Handelsbanken AB (publ) | Financial Services | 2.74% | $28.9M | — | — |
| 13 | SAAB-B | Saab AB (publ) | Industrials | 2.74% | $28.8M | — | — |
| 14 | ESSITY-B | Essity AB (publ) | Consumer Defensive | 2.28% | $24.1M | — | — |
| 15 | EPI-A | Epiroc AB (publ) | Industrials | 2.18% | $23.0M | — | — |
| 16 | ALFA | Alfa Laval AB | Industrials | 2.12% | $22.3M | — | — |
| 17 | EQT | EQT AB (publ) | Financial Services | 1.91% | $20.1M | — | — |
| 18 | BOL | Boliden AB | Basic Materials | 1.83% | $19.3M | — | — |
| 19 | TELIA | Telia Company AB | Communication Services | 1.56% | $16.5M | — | — |
| 20 | EVO | Evolution AB (publ) | Consumer Cyclical | 1.48% | $15.6M | — | — |
| 21 | SKA-B | Skanska AB (publ) | Industrials | 1.23% | $12.9M | — | — |
| 22 | SOBI | Swedish Orphan Biovitrum AB (publ) | Healthcare | 1.22% | $12.9M | — | — |
| 23 | TREL-B | Trelleborg AB (publ) | Industrials | 1.20% | $12.7M | — | — |
| 24 | SKF-B | AB SKF (publ) | Industrials | 1.18% | $12.4M | — | — |
| 25 | TEL2-B | Tele2 AB (publ) | Communication Services | 1.12% | $11.8M | — | — |
| 26 | HM-B | H & M Hennes & Mauritz AB (publ) | Consumer Cyclical | 1.11% | $11.7M | — | — |
| 27 | EPI-B | Epiroc AB (publ) | Industrials | 1.11% | $11.7M | — | — |
| 28 | ADDT-B | Addtech AB (publ.) | Industrials | 1.10% | $11.6M | — | — |
| 29 | SECU-B | Securitas AB | Industrials | 1.09% | $11.5M | — | — |
| 30 | INDU-C | Industrivarden AB ser. C | Financial Services | 1.06% | $11.2M | — | — |
| 31 | TIGO | Millicom International Cellular S.A | Communication Services | 1.02% | $10.8M | $13.90B | 20.9 |
| 32 | SCA-B | Svenska Cellulosa Aktiebolaget SCA (publ) | Basic Materials | 0.99% | $10.4M | — | — |
| 33 | LIFCO-B | Lifco AB (publ) | Industrials | 0.99% | $10.4M | — | — |
| 34 | INDT | Indutrade AB | Industrials | 0.93% | $9.8M | — | — |
| 35 | NIBE-B | NIBE Industrier AB (publ) | Industrials | 0.91% | $9.6M | — | — |
| 36 | BEIJ-B | Beijer Ref AB (publ) | Industrials | 0.86% | $9.0M | — | — |
| 37 | INDU-A | Industrivarden AB ser. A | Financial Services | 0.77% | $8.1M | — | — |
| 38 | LUND-B | L E Lundbergföretagen AB (publ) | Industrials | 0.58% | $6.1M | — | — |
| 39 | VSURE | Verisure Plc | Industrials | 0.39% | $4.2M | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($1.05B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
EWD sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Industrials | 44.7% | 20 | VOLV-B, ATCO-A, SAND |
| Financial Services | 24.3% | 7 | INVE-B, SWED-A, SEB-A |
| Communication Services | 15.7% | 4 | SPOT, TELIA, TEL2-B |
| Technology | 6.6% | 2 | ERIC-B, HEXA-B |
| Basic Materials | 2.8% | 2 | BOL, SCA-B |
| Consumer Cyclical | 2.6% | 2 | EVO, HM-B |
| Consumer Defensive | 2.3% | 1 | ESSITY-B |
| Healthcare | 1.2% | 1 | SOBI |
Sum of the weights of the holdings in each sector.
EWD top industries
EWD overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 1.4% | 35 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 0.1% | 1 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 1 of 2,941 | 0.03% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.0% | 0 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the EWD portfolio
iShares MSCI Sweden ETF holds 39 positions. The ten largest make up 59.6% of the fund, so it behaves like a portfolio of about 20 equally weighted positions. The biggest positions are Spotify Technology S.A (11.96%), Investor AB ser. B (9.74%), AB Volvo (publ) (6.84%), Atlas Copco AB Series A (6.31%), Sandvik AB (4.95%).
By sector, Industrials is 44.7%, Financial Services is 24.3%, Communication Services is 15.7%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: EWD chart, EWD performance, EWD dividends, EWD overview.
EWD holdings FAQ
How many holdings does EWD have?
EWD holds 39 positions as of October 25, 2026.
What are the top 10 holdings of EWD?
The ten largest holdings are Spotify Technology S.A (11.96%), Investor AB ser. B (9.74%), AB Volvo (publ) (6.84%), Atlas Copco AB Series A (6.31%), Sandvik AB (4.95%), ASSA ABLOY AB (publ) (4.87%), Swedbank AB (publ) (4.24%), Skandinaviska Enskilda Banken AB (publ) (3.84%), Telefonaktiebolaget LM Ericsson (publ) (3.77%), Atlas Copco AB Series B (3.08%). Together they are 59.6% of the fund.
What percentage of EWD is Spotify Technology S.A?
Spotify Technology S.A is the largest holding at 11.96% of net assets, about $126.0M of the fund's $1.05B.
Which sector is the largest in EWD?
Industrials is the largest sector at 44.7%, followed by Financial Services (24.3%) and Communication Services (15.7%), based on the sectors of the individual holdings.
How concentrated is EWD?
The top 10 holdings are 59.6% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) EWD behaves like a portfolio of about 20 equally weighted positions.