The First Trust Switzerland AlphaDEX Fund (NYSEArca: FSZ), a smart beta spin on Switzerland ETFs, is higher by half a percent today. FSZ is also the second-largest holding in the recently launched First Trust Dorsey Wright International Focus 5 ETF (NasdaqGM: IFV), the international answer to the already popular First Trust Dorsey Wright Focus 5 Fund (NasdaqGM: FV). FSZ occupies a weight of over 20% in IFV. [Investors Like Switzerland ETFs]
With Eurozone stocks proving volatile and disappointing investors this year, Switzerland ETFs have been on the receiving end of modest inflows. For example, EWL has added $31.2 million in new assets while FSZ while $43.8 million of FSZ’s $53.2 million in assets under management have come into the fund this year.
iShares MSCI Switzerland Capped ETF
ETF Trends editorial team contributed to this post.