iShares MSCI Europe Financials ETF (EUFN)

NASDAQ: EUFN · Real-Time Price · USD
24.13
-0.08 (-0.31%)
Oct 8, 2024, 1:44 PM EDT - Market open
-0.31%
Assets $2.00B
Expense Ratio 0.51%
PE Ratio 12.65
Shares Out 82.50M
Dividend (ttm) $1.09
Dividend Yield 4.55%
Ex-Dividend Date Jun 11, 2024
Payout Ratio 57.82%
1-Year Return +27.01%
Volume 54,105
Open 24.14
Previous Close 24.20
Day's Range 24.04 - 24.16
52-Week Low 17.85
52-Week High 25.09
Beta 1.10
Holdings 108
Inception Date Jan 20, 2010

About EUFN

Fund Home Page

The iShares MSCI Europe Financials ETF (EUFN) is an exchange-traded fund that is based on the MSCI Europe / Financials index, a market-cap-weighted index of financials stocks in developed European markets. EUFN was launched on Jan 20, 2010 and is issued by BlackRock.

Asset Class Equity
Category Financial
Region Europe
Stock Exchange NASDAQ
Ticker Symbol EUFN
ETF Provider BlackRock
Index Tracked MSCI Europe / Financials

Top 10 Holdings

41.12% of assets
Name Symbol Weight
HSBC Holdings plc HSBA 7.65%
Allianz SE ALV 5.82%
UBS Group AG UBSG 4.69%
Zurich Insurance Group AG ZURN 4.03%
Banco Santander, S.A. SAN 3.49%
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München MUV2 3.26%
AXA SA CS 3.18%
BNP Paribas SA BNP 3.16%
London Stock Exchange Group plc LSEG 3.02%
UniCredit S.p.A. UCG 2.83%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 11, 2024 $0.77341 Jun 17, 2024
Dec 20, 2023 $0.32011 Dec 27, 2023
Jun 7, 2023 $0.7288 Jun 13, 2023
Dec 13, 2022 $0.07205 Dec 19, 2022
Jun 9, 2022 $0.67047 Jun 15, 2022
Dec 13, 2021 $0.41429 Dec 17, 2021
Full Dividend History

News

Desynchronization Gives EUFN An Opening

The iShares MSCI Europe Financials ETF is a sector focused international ETF, focusing on European financials. EUFN has performed strongly over the past three years, outperforming both the broader Eur...

3 months ago - Seeking Alpha

ECB Rate Cut Boosts European Stocks and These Europe-Focused ETFs in the US

The European Central Bank (ECB) cut its benchmark interest rate Thursday for the first time in five years, boosting European stocks and many Europe-focused exchange-traded funds (ETFs) in the U.S.

Other symbols: EZUVGK
4 months ago - Investopedia

EUFN: A Low Double Digit Return As Long As Risks Don't Materialize

iShares MSCI Europe Financials ETF has had strong returns over the past year, but its long-term performance has been lackluster. Country exposure is 50.95% to Eurozone financial stocks, followed by th...

7 months ago - Seeking Alpha

ECB In Little Rush To Cut Rates

The European Central Bank left interest rates unchanged, without conveying any urgency to start cutting rates in the next few months. It seems most likely that June or July would be the preferred time...

9 months ago - Seeking Alpha

December ECB Meeting: A More Hawkish Stance Than The Fed

The European Central Bank (ECB) kept its key policy rates on hold today for the second consecutive meeting. The interest rate on the main refinancing operations, the marginal lending facility, and the...

10 months ago - Seeking Alpha

December's ECB Cheat Sheet: A Reality Check For Ultra-Dovish Expectations

The ECB will almost surely keep rates on hold at the December meeting. The question is to what extent it will align with the market's aggressive pricing for rate cuts in 2024.

10 months ago - Seeking Alpha

2024 Set To Be The Year That The ECB Hike Cycle Is Felt

The ECB hike cycle seems over, but the shockwaves of tightening will still shape the eurozone economy in 2024. Traditional lags in transmission are now accompanied by longer ones in average interest b...

10 months ago - Seeking Alpha

ECB Preview: The Long Dovish Shift

Next week's challenge for the European Central Bank is how to keep all options open without sounding too dovish but also not too detached from reality. The weak macro economic backdrop no longer justi...

10 months ago - Seeking Alpha

EUFN: 24% Total Return Outlook

EUFN is monetizing the ECB rate hikes; EPS may grow 22.5% in YE23. iShares MSCI Europe Financials ETF has outperformed the US peers by 22% LTM. EUFN portfolio valued at 7.2x PE with potential for 19% ...

1 year ago - Seeking Alpha

The 'Real' Dynamics Of Core Inflation In The Eurozone

As the ECB has been putting increasing emphasis on the recent readings of underlying inflation, it is more important to look at the short-term dynamics than at the year-on-year figures. While some eas...

1 year ago - Seeking Alpha

Runaway Services Inflation In Euro Area Spikes To Record. Core CPI Stays Near Record

The CPI for services spiked by 5.6% in July, compared to a year ago, up from 5.4% in June and 5.0% in May, another record in the data going back to 1997, according to Eurostat today. “Core” CPI (witho...

1 year ago - Seeking Alpha

EUFN: Much To Admire About The European Financials ETF, But Not Yet A Perfect Buy

EUFN's returns over the long term have been underwhelming, but there appears to be a recent shift. European banks are expected to benefit from favorable net interest income trends, low credit costs, a...

1 year ago - Seeking Alpha

Regional Banking Concerns Produce Financial Services ETF Outflows

Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...

1 year ago - Seeking Alpha

European Banks Suddenly Look Good Amid U.S. Rescues

With the exception of Credit Suisse, there have been no failures in Europe. And with interest rates rising and tight regulation, investors have been drawn to banks like ING, BBVA, and Lloyds.

Other symbols: BBVAHSBCINGLYG
1 year ago - Barrons

Banks Are On Sale But Risks Remain

One month ago, Silicon Valley Bank failed, with a resulting decline across the diversified banking industry. Some investors may be tempted to buy the dip, while others are considering doubling down on...

Other symbols: BBDBMOBNSCMCMADFNLFITB
1 year ago - Seeking Alpha

Why Short-Term Financial Stresses Could Actually De-Stress The ECB In The Long Run

Peaks in systemic stress generally result in recession and lower inflation down the line. So, the ECB's work will be done if financial conditions continue to tighten and economic activity contracts.

Other symbols: FEZVGK
1 year ago - Seeking Alpha

IYG Vs. EUFN ETFs: U.S. Banks Seem More Protected Than European Ones

After the turmoil which has embroiled banks on both sides of the Atlantic, in addition, to metrics, behavioral science also determines how depositors and investors behave. Tools used by regulators as ...

Other symbols: IYG
1 year ago - Seeking Alpha

The ECB's Tough Balancing Act

The central bank is trying to balance concerns about financial stability and inflation.

Other symbols: VGK
1 year ago - ETFcom

Don't chase yield with low-quality financials, warns Matrix's David Katz

Jeff Kleintop, chief global investment strategist at Charles Schwab, and David Katz, CIO at Matrix Asset Advisors, join 'The Exchange' to discuss finding quality stocks, Europe's bank sell-off and the...

Other symbols: KREXLF
1 year ago - CNBC Television

EUFN ETF: Key Themes

Despite outperforming US banks by 2.5x over the last three months, European financials trade at a significant discount on a P/BV basis. The rate environment bodes well for the NII trajectory but risks...

1 year ago - Seeking Alpha

EUFN ETF: Monetizing Higher European Interest Rates

European financials should benefit from ECB rate normalization. EUFN weighted EPS could grow 20% in 2023.

1 year ago - Seeking Alpha

EUFN Is Probably Worse Off Than U.S. Focused Financial ETFs

With closer proximity to the energy crisis, rising rates in Europe may do little for inflation with more of it being supply side. Indeed, the ECB has been slower with rate increases compared to the US...

2 years ago - Seeking Alpha

Is Quantitative Tightening Really Coming To The Eurozone?

The minutes of the ECB's September meeting delivered a couple of interesting insights. Though quantitative tightening currently looks unlikely, it will come eventually.

2 years ago - Seeking Alpha

EUFN: For A European ETF, It Has A Lot Of HSBC

The EUFN ETF is supposed to allow exposure to European financials, but it has a major allocation to HSBC. The other exposures look solid and are well positioned for the rate environment.

2 years ago - Seeking Alpha

Credit Cocktail Starting To Look More Attractive Based On Value And Lower Rates

The credit cocktail has changed after the European Central Bank announced a 50bp rate hike. Thus, we conclude credit is now looking more attractive due to lower rates and the value priced in.

2 years ago - Seeking Alpha