The Swiss stock market is up this year, but cannot keep pace with the markets in Europe and the US. By combining the respective winners and laggards of the three leading equity indices, investors can take advantage of potential yield opportunities in CHF, EUR and USD.

As of this week, AppLovin and Robinhood are part of the US benchmark index S&P 500®. The shares have climbed sharply in price over the past three weeks. For investors who believe the stocks will continue to rise slightly but do not want to take the risk of a direct investment, a barrier reverse convertible is a good option.

«Finanz und Wirtschaft» is bundling its Swiss top picks into a single product, launching an investment certificate based on the FuW Best of Switzerland stock selection. The actively managed product is now tradable on the Swiss stock exchange.

High-dividend stocks can offer stability during turbulent market periods. The newly launched ZKB Tracker Certificate gives investors easy access to the investment theme.

The bonus certificate combines five Swiss companies that are characterised by low exposure to the US export market. The bonus level of 112% provides yield opportunities even in sideways markets, while the barrier partially cushions price losses.

Kühne + Nagel, Givaudan, and Nestlé are among the laggards in the SMI this year. Investors who believe the equities will recover but want to minimise the risk of losses may be interested in the capital protection note on the three underlyings.

Fresh water is essential for life on Earth. However, this valuable resource is becoming increasingly scarce.

BKW and DKSH, whose core markets lie outside the US, are likely to feel only limited direct impact from the US tariffs on Swiss imports.

For investors who want to protect themselves against potential price losses while still participating in the US stock market, the ZKB capital protection note on the S&P 500® offers an interesting investment opportunity.

Switzerland was caught off guard by the announcement of painfully high import tariffs into the United States. The impact of the new trade regime on Swiss companies remains to be seen. However, business models that are less affected by US tariff policy are likely to have an advantage in this market environment.