FSZ VS HEWL: A Comprehensive Comparison of ETFs

Exchange-Traded Funds (ETFs) have redefined the way investors approach the financial markets by providing convenient access to diverse sectors and assets. This article undertakes a comprehensive comparison of two prominent ETFs: FSZ (First Trust Switzerland AlphaDEX Fund) and HEWL (iShares Currency Hedged MSCI Switzerland ETF). Throughout this exploration, we will delve into essential aspects such as ETF tickers, full names, issuers, sectors, top holdings, capitalization, investment strategies, tracking methodologies, and exposure.

FSZ VS HEWL: Overview

FSZ and HEWL are two distinct ETFs that cater to different investment strategies within the Swiss market. While FSZ utilizes an AlphaDEX methodology to enhance exposure to Swiss equities, HEWL focuses on providing currency-hedged exposure to Swiss stocks. These varying approaches lead to contrasting risk profiles and potential returns, which we will investigate in the following sections.

FSZ VS HEWL: Sectors and Top Holdings

The FSZ ETF is designed to capture a broad range of Swiss stocks across sectors, utilizing a proprietary AlphaDEX strategy. Its top holdings include companies like Nestlé, Roche Holding, and Novartis. In contrast, HEWL focuses on Swiss equities while mitigating currency risk, with major holdings like Nestlé and Novartis. Evaluating sectors and top holdings aids investors in making informed decisions aligned with their investment objectives.

FSZ overlap FSZ VS HEWL: A Comprehensive Comparison of ETFs

FSZ VS HEWL: Capitalization and Issuer

FSZ boasts a notable asset under management (AUM) and is managed by First Trust Advisors, an experienced asset management company. HEWL, managed by iShares, also features a considerable AUM. Understanding the capitalization and the issuer behind each ETF provides insights into their credibility and potential stability in the market.

FSZ VS HEWL: Investment Strategy and Exposure

FSZ employs the AlphaDEX methodology to screen and select Swiss stocks based on various factors. On the other hand, HEWL focuses on minimizing the impact of currency fluctuations on returns by hedging exposure to the Swiss franc. The difference in investment strategies leads to distinct risk-reward profiles for investors seeking Swiss market exposure.

FSZ VS HEWL: Tracking and Exposure

FSZ aims to track the performance of the NASDAQ AlphaDEX Switzerland Index, which employs a quantitative model to select and weight Swiss stocks. HEWL, while also targeting Swiss equities, includes a currency hedge to mitigate the effects of exchange rate fluctuations. Understanding the tracking methodologies and exposure mechanisms aids investors in aligning ETF choices with their market outlook.

Conclusion

FSZ and HEWL stand as unique ETFs, each offering a specialized approach to accessing the Swiss market. For investors seeking deeper insights into holdings, correlations, and exposures, tools like ETF insider can provide valuable information. With an easy-to-use interface, this app empowers investors with comprehensive details about these and other financial instruments.

Disclaimer: This article does not provide any investment advisory services.

Sources:

First Trust Advisors: https://www.ftportfolios.com/
iShares by BlackRock: https://www.ishares.com/

FSZ ETF issuer
FSZ ETF official page

FSZ quote and analysis

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