How to invest in Switzerland using ETFs

How do I invest in Swiss stocks?

The easiest way to invest in the whole Swiss stock market is to invest in a broad market index. This can be done at low cost by using ETFs.

On the Swiss stock market you'll find 6 indices which are tracked by ETFs.

Alternatively, you can consider indices on Europe.

0.09% p.a. - 0.51% p.a.
annual total expense ratio (TER) of Switzerland ETFs
on the Swiss stock market, which are tracked by ETFs
on the Swiss stock market
 
The best indices for Switzerland ETFs

Performance of Swiss stocks (SLI®)

1 month: 3.74%
1 year: 14.11%
3 years: 41.83%
5 years: 29.28%

Indices in comparison

The best indices for ETFs on Switzerland

For an investment in the Swiss stock market, there are 6 indices available which are tracked by 18 ETFs. On the MSCI Switzerland index there are 3 ETFs. On the MSCI Switzerland 20/35 index there are 3 ETFs. On the SLI® index there are 4 ETFs. On the SMI® index there are 3 ETFs. On the SPI® index there are 3 ETFs. On the Solactive Swiss Large Cap index there are 2 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.09% p.a. and 0.51% p.a..

Index Investment focus Number of ETFs Number of constituents Short description

MSCI Switzerland

Switzerland 3 ETFs 40
(30/09/2026)
The MSCI Switzerland index tracks leading stocks on the Swiss market.
Index factsheet

MSCI Switzerland 20/35

Switzerland 3 ETFs 40
(27/02/2026)
The MSCI Switzerland 20/35 index tracks leading stocks on the Swiss market. The imbedded 20/35 rule limits the weight of the largest company to 35% and all other companies to maximum 20%.
Index factsheet

SLI®

Switzerland 4 ETFs 30
The SLI® index tracks the 30 largest and most liquid stocks of the entire Swiss equity market.
Index factsheet

SMI®

Switzerland 3 ETFs 20
The SMI® index tracks the 20 largest and most liquid Swiss large and mid cap stocks.

SPI®

Switzerland 3 ETFs 212
(30/01/2026)
The SPI® index tracks the performance of the Swiss equity market as a whole.
Index factsheet

Solactive Swiss Large Cap

Switzerland 2 ETFs 20
The Solactive Swiss Large Cap index tracks the 20 largest and most liquid Swiss large and mid cap stocks.
ETF
ISIN
  Fund size
in m CHF
TER
in %
Use of profits Fund domicile Replication method
iShares Core SPI (CH)CH0237935652 6,031 0.10% p.a. Distributing Switzerland Optimized sampling
UBS SMI® ETF CHF disCH0017142719 3,784 0.20% p.a. Distributing Switzerland Full replication
UBS MSCI Switzerland 20/35 UCITS ETF CHF accLU0977261329 2,607 0.20% p.a. Accumulating Luxembourg Full replication
iShares SMI (CH)CH0008899764 2,580 0.35% p.a. Distributing Switzerland Full replication
UBS ETF (CH) SLI (CHF) A-disCH0032912732 2,105 0.20% p.a. Distributing Switzerland Full replication
UBS Core SPI® ETF CHF disCH0131872431 1,911 0.09% p.a. Distributing Switzerland Optimized sampling
Xtrackers Swiss Large Cap UCITS ETF 1DLU0274221281 1,572 0.30% p.a. Distributing Luxembourg Full replication
UBS ETF (CH) MSCI Switzerland (CHF) A-disCH0226274246 873 0.21% p.a. Distributing Switzerland Full replication
Xtrackers Swiss Large Cap UCITS ETF 1CLU0943504760 831 0.30% p.a. Accumulating Luxembourg Full replication
iShares SLI ETF (CH)CH0031768937 748 0.35% p.a. Distributing Switzerland Full replication
UBS MSCI Switzerland 20/35 UCITS ETF CHF disLU0979892907 619 0.20% p.a. Distributing Luxembourg Full replication
iShares SLI UCITS ETF (DE)DE0005933964 512 0.51% p.a. Distributing Germany Full replication
Xtrackers SLI UCITS ETF 1DLU0322248146 486 0.25% p.a. Distributing Luxembourg Full replication
UBS Core SPI® ETF CHF accCH1416135338 479 0.09% p.a. Accumulating Switzerland Optimized sampling
Amundi MSCI Switzerland UCITS ETF CHFLU1681044993 362 0.25% p.a. Accumulating Luxembourg Unfunded swap
Amundi MSCI Switzerland UCITS ETF EUR (C)LU1681044720 199 0.25% p.a. Accumulating Luxembourg Unfunded swap
UBS SMI® ETF CHF accCH1447931341 193 0.20% p.a. Accumulating Switzerland Full replication
UBS ETF (LU) MSCI Switzerland 20/35 UCITS ETF (CHF) A-UKdisLU1107560036 47 0.20% p.a. Distributing Luxembourg Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
SLI® -3.70% -2.13% 12.50% 15.39% 39.47%
SPI® -3.26% -2.25% 10.35% 16.39% 34.62%
MSCI Switzerland 20/35 -3.49% -2.43% 10.82% 16.60% 32.63%
Solactive Swiss Large Cap -3.53% -2.66% 11.04% 17.15% 32.31%
SMI® -4.03% -2.67% 10.72% 17.25% 36.72%
MSCI Switzerland -3.56% -2.52% 11.24% 17.47% 35.54%
Index   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
Solactive Swiss Large Cap 6.29% 17.30% 5.14% 5.00% -16.31%
SLI® 6.60% 14.46% 10.40% 11.18% -18.90%
MSCI Switzerland 20/35 6.65% 16.52% 5.38% 5.15% -17.11%
SPI® 7.01% 17.28% 5.80% 5.77% -16.67%
SMI® 7.08% 17.48% 7.05% 6.62% -14.70%
MSCI Switzerland 7.48% 17.29% 6.18% 5.88% -16.66%

Source: justETF.com; As of 30/09/2026; Calculations in CHF based on the largest ETF of the respective index.

 

The best Switzerland ETFs
by 1 year return

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The cheapest Switzerland ETFs
by total expense ratio (TER)

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Alternative investment opportunities

Switzerland indices that follow a certain equity strategy

Alternatively, you can consider indices on small and mid caps or dividend strategies. In total you can invest in 4 alternative indices on Switzerland tracked by 7 ETFs. The total expense ratio (TER) of ETFs on these alternative indices is between 0.15% p.a. and 0.45% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI Switzerland IMI Extended SRI Low Carbon Select 5% Issuer Capped Switzerland
Social/Environmental
3 ETFs 54
(27/02/2026)
The MSCI Switzerland IMI Extended SRI Low Carbon Select 5% Issuer Capped index tracks large, mid and small cap stocks of the Swiss equity markets. The index only considers companies with high Environmental, Social and Governance (ESG) ratings relative to their sector peers, to ensure the inclusion of the best of class companies from an ESG perspective. The weight of each company is capped to 5%.
Index factsheet
SMIM® Switzerland
Mid Cap
2 ETFs 30
The SMIM® index tracks the 30 largest and most liquid Swiss mid-cap equities.
SPI® Mid Cap Switzerland
Mid Cap
1 ETF 80
The SPI® MID index tracks the 80 largest mid-cap stocks in the Swiss equity market that are not included in the blue chip SMI® index.
SPI® Select Dividend 20 Switzerland
Dividend
1 ETF 20
The SPI® Select Dividend 20 index tracks the 20 companies with the highest dividend yield in the Swiss equity market.
ETF
ISIN
  Fund size
in m CHF
TER
in %
Use of profits Fund domicile Replication method
iShares Swiss Dividend (CH)CH0237935637 8,461 0.15% p.a. Distributing Switzerland Full replication
UBS ETF (CH) SMIM (CHF) A-disCH0111762537 1,824 0.25% p.a. Distributing Switzerland Full replication
iShares SMIM (CH)CH0019852802 1,200 0.45% p.a. Distributing Switzerland Full replication
UBS ETF (CH) SPI Mid (CHF) A-disCH0130595124 716 0.25% p.a. Distributing Switzerland Full replication
UBS MSCI Switzerland IMI Socially Responsible UCITS ETF CHF accLU2250132763 332 0.28% p.a. Accumulating Luxembourg Full replication
UBS ETF (CH) MSCI Switzerland IMI Socially Responsible (CHF) A-disCH0368190739 239 0.28% p.a. Distributing Switzerland Full replication
UBS ETF (CH) MSCI Switzerland IMI Socially Responsible (CHF) A-accCH0492935355 218 0.28% p.a. Accumulating Switzerland Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Switzerland IMI Extended SRI Low Carbon Select 5% Issuer Capped -2.22% -0.75% 10.83% 12.40% 32.83%
SMIM® -2.07% -3.16% 8.63% 13.01% 30.71%
SPI® Mid Cap -1.35% 0.59% 10.77% 13.29% 29.59%
SPI® Select Dividend 20 -3.51% -2.02% 7.35% 14.66% 40.39%
Index   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
SMIM® 5.29% 15.95% 4.27% 5.82% -26.71%
MSCI Switzerland IMI Extended SRI Low Carbon Select 5% Issuer Capped 5.73% 11.19% 7.40% 9.60% -21.24%
SPI® Select Dividend 20 5.91% 18.56% 9.03% 9.55% -10.81%
SPI® Mid Cap 8.11% 13.41% 0.89% 9.95% -22.99%

Source: justETF.com; As of 30/09/2026; Calculations in CHF based on the largest ETF of the respective index.

 
Alternative investment opportunities

Europe indices with a share of Switzerland

Besides Switzerland ETFs you may consider investing in ETFs on the European stock market. In total, you can invest in 2 Europe indices, which are tracked by 2 ETFs. The total expense ratio (TER) of ETFs on Europe indices is between 0.35% p.a. and 0.40% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI Europe ex UK Europe

Switzerland: 18.90%
(27/02/2026)
1 ETF 320
(30/09/2026)
The MSCI Europe ex UK index tracks the leading stocks from European industrial countries, excluding United Kingdom.
Index factsheet
STOXX® Europe 50 Europe

Switzerland: 19.80%
(27/02/2026)
1 ETF 50
The STOXX® Europe 50 index tracks 50 European large cap stocks.
Index factsheet
ETF
ISIN
  Fund size
in m CHF
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI Europe ex-UK UCITS ETFIE00B14X4N27 1,217 0.40% p.a. Distributing Ireland Optimized sampling
iShares STOXX Europe 50 UCITS ETFIE0008470928 526 0.35% p.a. Distributing Ireland Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Europe ex UK -2.24% 0.65% 15.96% 17.03% 47.19%
STOXX® Europe 50 -1.55% 1.30% 14.98% 19.15% 43.61%
Index   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
MSCI Europe ex UK 10.94% 18.36% 8.69% 10.68% -16.79%
STOXX® Europe 50 12.41% 16.03% 9.86% 8.19% -6.90%

Source: justETF.com; As of 30/09/2026; Calculations in CHF based on the largest ETF of the respective index.