The fund then employs a systematic rebalance so as to keep the holdings relatively in line from a weightings standpoint.

Additionally, CurrencyShares Swiss Franc (NYSEArca: FXF) has garnered significant attention in the past year or so mainly because the Swiss Franc currency literally went on a tear last year, before settling back in considerably at current levels. [ETF Spotlight: Swiss Franc]

Year to date, EWL is up 9.01% versus Vanguard MSCI European (NYSEArca: VGK) up 10.51%, and FXF has rallied 2.35% during the same time period. In the trailing one year timeframe, EWL is only down 1.56% while VGK has lost 10.16%, and FXF is down 1.95%.

iShares MSCI Switzerland

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