Prescription for Caution With Switzerland ETFs

The iShares MSCI Switzerland Capped ETF (NYSEArca: EWL), the largest U.S.-listed Switzerland ETF, is down 1.1% since Jan. 15, the day the Swiss National Bank (SNB) shocked global markets by announcing it will scuttle the franc’s euro peg. That decline could be a harbinger of more weakness to come...