5 Best European ETFs to Buy

In this article, we will take a look at the 5 best European ETFs to buy. If you want to read our discussion on the European ETF industry, you can check out the 12 Best European ETFs to Buy.

5. iShares MSCI Switzerland ETF (NYSEARCA:EWL)

5-Year Price Performance: 28.1%

Total Net Assets as of September 21, 2023: $1.23 billion

Expense Ratio: 0.50%

Number of Holdings: 44

iShares MSCI Switzerland ETF (NYSEARCA:EWL) offers exposure to Switzerland’s economy through sectors like healthcare, financials, and consumer staples. Nestlé S.A. (NESN.SW), Novartis AG (NYSE:NVS), and Roche Holding AG (ROG.SW) are the top three holdings of the ETF. These stocks collectively represent 43.8% of the ETF’s total assets.

Here’s what Madison Funds said about Novartis AG (NYSE:NVS) in its Q3 2022 investor letter:

“We sold our position in Novartis. We like the company’s track record of innovation, and its diversified portfolio of drugs. However, we’ve become increasingly concerned about the outlook for some of its recently launched therapeutics, as well as some generic competition in a few of its mature drugs. If pressed, we still like the odds that Novartis will do well, but the outlook is a little cloudier than it’s been in a while. As noted above, we’ve been big fans of its Alcon unit for many years, and now that Alcon is independent, we decided to concentrate our investment there.”