EUFN
iShares MSCI Europe Financials ETF
📎 Investment Objective
The iShares MSCI Europe Financials ETF (EUFN) seeks to track the investment results of an index composed of European companies in the financials sector.
Overview
ETF tracking iShares MSCI Europe Financials ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI Europe Financials ETF (EUFN) seeks to track the investment results of an index composed of European companies in the financials sector.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the MSCI Europe Financials Index. It invests primarily in European financial services companies, including banks, insurance providers, and diversified financial firms.
✨ Key Features
- Provides exposure to the European financials sector
- Passively tracks the MSCI Europe Financials Index
- Low expense ratio of 0.00%
- Relatively small asset base of $0
⚠️ Primary Risks
- Concentration risk in the financials sector
- Exposure to European economic and political conditions
- Currency risk for U.S. investors
- Liquidity risk due to small asset size
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the European financials sector as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who believe in the long-term growth potential of the European financial services industry.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | HSBA | HSBC HOLDINGS PLC | 8.14% | Financials |
| 2 | SAN | BANCO SANTANDER SA | 5.23% | Financials |
| 3 | ALV | ALLIANZ | 5.16% | Financials |
| 4 | BBVA | BANCO BILBAO VIZCAYA ARGENTARIA SA | 4.00% | Financials |
| 5 | UBSG | UBS GROUP AG | 3.96% | Financials |
| 6 | UCG | UNICREDIT | 3.48% | Financials |
| 7 | ZURN | ZURICH INSURANCE GROUP AG | 3.37% | Financials |
| 8 | ISP | INTESA SANPAOLO | 3.13% | Financials |
| 9 | MUV2 | MUENCHENER RUECKVERSICHERUNGS-GESE | 2.67% | Financials |
| 10 | BNP | BNP PARIBAS SA | 2.60% | Financials |
| 11 | CS | AXA SA | 2.54% | Financials |
| 12 | INGA | ING GROEP NV | 2.53% | Financials |
| 13 | BARC | BARCLAYS PLC | 2.52% | Financials |
| 14 | LLOY | LLOYDS BANKING GROUP PLC | 2.35% | Financials |
| 15 | DBK | DEUTSCHE BANK AG | 2.24% | Financials |