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iShares MSCI Switzerland Capped Message Board

  • therearenofreelunches therearenofreelunches May 26, 2010 1:35 PM Flag

    sometimes quite uncorrelated

    At times, this ETF seems pretty uncorrelated with the Swiss market + CHF rate. Right now, it is up maybe 0.25% vs. 1.6% for the Swiss market + CHF. Maybe it is a convenient way for people in the US to play for/against the problems in Europe, so EWL can get out of balance. It has to cross equilibrium at some point, but I wish I were rewarded a little more for the volatility, as I should be in theory.

 
EWL
33.21-0.46(-1.37%)Mar 31 4:00 PMEDT