iShares MSCI Sweden ETF (EWD) is an exchange-traded fund that seeks to track the investment results of the MSCI Sweden 25/50 Index, a free float-adjusted market capitalization-weighted index composed of Swedish equities. The fund provides exposure to large- and mid-capitalization Swedish companies across various sectors, including information technology, industrials, financials, and consumer discretionary; top holdings include Spotify Technology S.A., Investor AB (publ), AB Volvo (publ), Atlas Copco AB (publ), and ASSA ABLOY AB (publ). Launched on March 12, 1996, and managed by BlackRock under the iShares brand, the ETF is domiciled in the United States with headquarters in Wilmington, Delaware, and lists on the NYSE Arca exchange with an expense ratio of 0.54%. It primarily serves institutional and retail investors seeking targeted geographic equity exposure to Sweden, with net assets under management of approximately $378 million as of recent reports. The fund employs a representative sampling strategy to replicate index performance, holding around 41 to 49 securities at any given time. No major strategic changes, such as index reconstitutions, new product launches, partnerships, acquisitions, or operational shifts specific to EWD, have been reported in the last 1-2 years.