About EZU ETF
EZU holds a portfolio of large and midcap Eurozone companies. It excludes firms from countries that don't use the euro that is the UK, Switzerland and Sweden. EZU has heavily invested in France and Germany, but sector differences compared to the benchmark are less. Catalysts Abound for Europe ETFs (EZU) About the Fund Manager: Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank. How did we identify this ETF: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. It charges a relatively steep fee, but investors could see reasonable all-in expenses due to strong liquidity and securities lending revenue. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Returns
| Performance | YTD | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|
| Blackrock Eurozone ETF | 8.08% | 58.33% | 5.98% | 10.54% | 4.68% |
Asset Class
Asset type breakdown
EZU Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| ASML Holding N.V | 4.89% | |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne | 3.51% | |
| SAP SE | 2.50% | |
| Siemens Aktiengesellschaft | 2.32% | |
| TOTAL SE | 2.08% | |
| Sanofi | 2.07% | |
| Allianz SE | 1.95% | |
| L'Oréal S.A | 1.85% | |
| Schneider Electric S.E | 1.56% | |
| Iberdrola, S.A | 1.52% |
EZU Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Consumer Cyclicals | 15.91% | |
| Financial Services | 14.66% | |
| Industrials | 14.47% | |
| Technology | 12.98% | |
| Healthcare | 8.80% | |
| Consumer Defensive | 7.62% | |
| Basic Materials | 7.25% | |
| Utilities | 6.73% | |
| Communication Services | 5.90% | |
| Energy | 3.88% | |
| Real Estate | 1.79% |
EZU Countries
| Countryi | % of market value | |
|---|---|---|
| Europe Developed | 96.87% | |
| United Kingdom | 1.39% | |
| North America | 0.89% | |
| Asia Developed | 0.46% | |
| Latin America | 0.39% |
Projected Returns
Returnsbased on historic SIP returns of 2.70% per annum
EZU Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | EZU | |
| Exchange | ARCX | |
| ISIN | US4642866085 |
| Cat. Benchmark | MSCI ACWI Ex USA NR USD | |
| Asset class | Equity | |
| Category | Europe Stock | |
| Country | US |
EZU Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.51 | i |
| Beta | 1.2 | i |
| Valuations Rates Portfolio PE | 17.9367 | i |
| 3 Year Standard Deviation | 21.94 | i |
Fund Strategy
The investment seeks to track the investment results of the MSCI EMU Index composed of large- and mid-capitalization equities from developed market countries that use the euro as their official currency. The fund generally invests at least 95% of its assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index.
EZU Fact Sheets & Reports
About iShares by Blackrock
"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.
