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ETFs

iShares MSCI Europe Financials ETF

EUFN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 20, 2010
Expense Ratio
0.48%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$11,898,728
AUM
$1,423,089,836
Associated Index
MSCI Europe Financials Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

HSBA
HSBC Holdings plc
8.89%
ALV
Allianz SE - Registered Shares
5.69%
UBSG
UBS Group AG - Registered Shares
4.78%
ZURN
Zurich Insurance Group AG Ltd
4.04%
BNP
BNP Paribas
3.87%
SAN
Banco Santander S.A.
3.43%
CS
Axa
3.22%
MUV2
Muenchener Rueckversicherungs-Gesellschaft AG - Registered Shares
3.12%
INGA
ING Groep N.V.
2.71%
BBVA
Banco Bilbao Vizcaya Argentaria.
2.71%
Invest with EUFN

What is EUFN?

The iShares MSCI Europe Financials Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI Europe Financials Index.

ETFs related toEUFN

ETFs correlated to EUFN include EFV, DFIV, PXF

EUFN
BlackRock Institutional Trust Company N.A. - iShares MSCI Europe Financials ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
EWI
BlackRock Institutional Trust Company N.A. - iShares MSCI Italy ETF
FEP
First Trust Exchange-Traded Fund III - First Trust Europe AlphaDEX Fund
IVLU
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Value Factor ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEUFN

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with EUFN using Composer

FAQ

EUFN is a Global Ex. US Equities ETF. The iShares MSCI Europe Financials Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI Europe Financials Index.

EUFN tracks the MSCI Europe Financials Index.

No, EUFN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EUFN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EUFN is 0.0074%. This is the percent change in the value of EUFN over the most recent 1-month period. The 3-month return on EUFN is 0.0204%. This is the percent change in the value of EUFN over the most recent 3-month period.

The standard deviation of EUFN for the past year is 0.2281%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EUFN include IXJ, SMH, and URA.

ETFs correlated to EUFN include EFV, DFIV, and PXF.

ETFs that are inversely correlated to EUFN include EPV, EFZ, and FAZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.