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Amundi MSCI Switzerland UCITS ETF - CHF (C)

Amundi · LU1681044993

Amundi MSCI Switzerland UCITS ETF - CHF (C) is an exchange-traded fund (ETF) from Amundi, traded under the ticker CSWU (ISIN LU1681044993). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, focused on the European market. It passively tracks the MSCI Daily Net TR Switzerland Euro index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include ROCHE HOLDING AG - GENUSSS CHF, NOVARTIS AG-REG and NESTLE SA-REG. Geographically it leans ~100% Switzerland. By industry it concentrates most in ~37.3% Health Care and ~20.2% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in CHF. Its price has swung about 17.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2018. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Amundi.)

· Tracks the MSCI Daily Net TR Switzerland Euro index ?
Equity ?Accumulating ?Synthetic ?LU ?
Low yearly feeReinvests dividendsUses a swapEuropeConcentrated in a few names
Fund size (AUM) ?
€637.3M
1-year return ?
+21.5%
Total return · to 2026-07-08
Yearly fee (TER) ?
0.25%
All-in cost ≈ 0.00%

About this fund

The MSCI Daily Net TR Switzerland Euro index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 10 companies across Europe in a single purchase.

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts. The fund uses a swap contract with a bank to mirror the index, instead of holding the shares directly.

Fund facts

Index tracked ?
MSCI Daily Net TR Switzerland Euro
Replication ?
Synthetic
Uses a swap contract
Regulation ?
UCITS
Yes
Launched
Mar 2018
8-year track record

Performance

79.294.6110125141202120242026

Growth of CHF100 invested — the line starts at CHF100.

Amundi MSCI Switzerland UCITS ETF - CHF (C)

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD+9.9%
1 year+21.5%
3 years+12.7%
5 years+6.2%

Return, year by year

-17.2
+13.1
+3.7
+18.3
+9.9
'22'23'24'25'26
4 of 5 up yearsBest: 2025 +18.3%Worst: 2022 -17.2%Calendar-year total returns, in CHF

How bumpy has it been?

17.2%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-15.9%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.89
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

What's inside

By sector ?

Health Care37.3%
Financials20.2%
Consumer Staples14.2%
Industrials13.3%
Consumer Discretionary6.5%
Materials6.1%
Communication Services0.9%
Technology0.7%
Other / not shown0.8%

The 10 biggest holdings make up 74.9% of the fund.

Top 10 holdings

#CompanyWeight
1ROCHE HOLDING AG - GENUSSS CHF13.9%
2NOVARTIS AG-REG13.7%
3NESTLE SA-REG12.9%
4ABB LTD-REG8.1%
5UBS GROUP AG7.9%
6CIE FINANCIERE RICHEMO-A REG5.9%
7ZURICH INSURANCE GROUP AG5.5%
8LONZA GROUP AG-REG2.4%
9HOLCIM LTD2.4%
10SWISS RE AG2.3%

Where to buy this fund

Where it trades

ExchangeTickerCurrency
LSECSWUCHF★ Primary
B2CSWCHFCHF
B3CSWCHZCHF
B318MNDCHF
B3CSWULCHF
B3CSWGLCHF
B3CSWCPCHF
B4CSWCCHFCHF
E1CSWCUSDCHF
E1CSWCGBXCHF
E1CSWCEURCHF
E1CSWCCHFCHF
EBCSWCHZCHF
EBCSWCPCHF
EBCSWULCHF
EB18MNDCHF
EOCSWCEURCHF
EPCSWCUSDCHF
EPCSWCCHFCHF
EPCSWCGBXCHF
EUCSWCEURCHF
EUCSWCGBXCHF
EUCSWCUSDCHF
EUCSWCCHFCHF
Euronext ParisCSWCEUR
EZCSWCUSDCHF
EZCSWCGBXCHF
EZCSWCCHFCHF
Frankfurt18MNEUR
GD18MNCHF
GF18MNCHF
GM18MNCHF
GS18MNCHF
GT18MNCHF
GZ18MNCHF
I2CSWCPCHF
I218MNDCHF
IX18MNDCHF
IXCSWULCHF
IXCSWCPCHF
IXCSWCHZCHF
L118MNDCHF
L1CSWCHZCHF
L1CSWCPCHF
L1CSWULCHF
L3CSWULCHF
L3CSWGLCHF
L3CSWCPCHF
L3CSWCHZCHF
L318MNDCHF
LA18MNCHF
LSECSWGCHF
LU18MNCHF
PO18MNDCHF
POCSWCHZCHF
POCSWCPCHF
POCSWGLCHF
POCSWULCHF
PQCSWUFCHF
QECSWCPCHF
QT18MNCHF
QXCSWCPCHF
QXCSWULCHF
S1CSWCHZCHF
S1CSWCPCHF
S4CSWCPCHF
SECSWCHFCHF
SIXCSWCHFCHF
TH18MNCHF
TQCSWCHZCHF
USCSWUFCHF
UVCSWUFCHF
X9CSWCCHFCHF
X9CSWCEURCHF
X9CSWCGBXCHF
X9CSWCUSDCHF
XACSWCUSDCHF
XACSWCGBXCHF
XACSWCEURCHF
XACSWCCHFCHF
XECSWCCHFCHF
XECSWCEURCHF
XECSWCGBXCHF
XECSWCUSDCHF
XETRACSWUCHF
XFCSWCUSDCHF
XFCSWCGBXCHF
XFCSWCEURCHF
XFCSWCCHFCHF
XGCSWCCHFCHF
XGCSWCEURCHF
XGCSWCGBXCHF
XGCSWCUSDCHF
XHCSWCUSDCHF
XHCSWCGBXCHF
XHCSWCEURCHF
XHCSWCCHFCHF
XJCSWCCHFCHF
XJCSWCEURCHF
XJCSWCGBXCHF
XJCSWCUSDCHF
XLCSWCUSDCHF
XLCSWCGBXCHF
XLCSWCEURCHF
XLCSWCCHFCHF
XOCSWCCHFCHF
XOCSWCEURCHF
XOCSWCGBXCHF
XOCSWCUSDCHF
XQCSWCUSDCHF
XQCSWCGBXCHF
XQCSWCEURCHF
XQCSWCCHFCHF
XSCSWCCHFCHF
XSCSWCGBXCHF
XSCSWCUSDCHF
XTCSWCUSDCHF
XUCSWCUSDCHF
XUCSWCGBXCHF
XUCSWCEURCHF
XUCSWCCHFCHF
XVCSWCCHFCHF
XVCSWCEURCHF
XVCSWCGBXCHF
XVCSWCUSDCHF
XWCSWCUSDCHF
XWCSWCGBXCHF
XWCSWCEURCHF
XWCSWCCHFCHF
XXCSWCUSDCHF
XXCSWCGBXCHF
XXCSWCEURCHF
XXCSWCCHFCHF
XZCSWCCHFCHF
XZCSWCEURCHF
XZCSWCGBXCHF
XZCSWCUSDCHF
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

How it ranks vs peers

🪙 Cheaper than 33% of similar ETFs📈 Higher 1-yr return than 69%📈 Higher 3-yr return than 43%📈 Higher 5-yr return than 35%

Versus the Equity (stocks) · Europe · EUR ETFs we track.

Advanced risk

1.26
Sortino (3y) ?
0.80
Calmar (3y) ?
11.7%
Downside deviation ?
75%
Up months (hit rate) ?
CHF 14.51
52-week high ?
CHF 11.30
52-week low ?

Tilt vs a world tracker

Switzerland+97.7
United States-72.1
Technology-28.5
Health Care+27.9
Consumer Staples+9.1
Communication Services-7.3

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Europe stocks
Compare side by side
6 similar funds
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Why it's similarThis is the fund on this page.
StocksAccumulatingSyntheticCheaper fee
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StocksSyntheticCheaper fee
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StocksAccumulatingSyntheticCheaper fee
Tracks a different index in the same category.
StocksAccumulatingCheaper fee
Tracks a different index in the same category.
StocksAccumulatingCheaper fee
Tracks a different index in the same category.
StocksCheaper fee
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Index trackedMSCI Daily Net TR Switzerland EuroS&P 500 Daily Hedged Euro Net Total Return IndexS&P 500 Daily Hedged Euro Index Net TRS&P 500 Daily Hedged Euro Index Net TRSTOXX Europe 600 (Net Return) EURSTOXX Europe 600 (Net Return) EURSTOXX Europe 600 (Net Return) EUR
Yearly fee (TER)0.25%0.05%0.07%0.07%0.09%0.07%0.15%
All-in cost0.00%0.45%0.00%0.00%0.00%0.00%0.00%
Fund size€637.3M€49.3B€28B€28B€20.6B€20.6B€20.6B
DomicileLUIrelandLULULULULU
ReplicationSynthetic (swap)Synthetic (swap)Synthetic (swap)Synthetic (swap)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+12.7%+18.0%+16.9%
5-yr return p.a.+6.2%+10.2%+9.1%
# holdings102721010615615615

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Data as of 2026-07-08 · Source: fh-api

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