The SPDR® EURO STOXX 50® ETF (FEZ) gives exposure to some of the largest firms in the Euro zone which excludes the UK and Scandinavian countries in Europe. Investors looking to allocate a portion of their portfolio’s assets to large-cap European firms in the Euro region can consider this ETF.
The fund objective is as follows:
The SPDR® EURO STOXX 50® ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the EURO STOXX 50® Index.
The fund is large with a respectable asset base of $4.9 billion. The expense ratio is just 0.29% and the dividend yield is 3.35%.
In terms of returns, FEZ is up 6.54% year-to-date as of the month-ending in March.
The fund has 57 holdings. The top 10 holdings are:
| Bayer AG |
| Sanofi |
| Total SA |
| Banco Santander S.A. |
| Anheuser-Busch InBev SA |
| Daimler AG |
| BASF SE |
| Siemens AG |
| Allianz SE |
| BNP Paribas SA Class A |
The complete list of stocks in this ETF can be found here. This list can also be used as a starting point for investors hunting for high-quality European companies.
Source: SPDR
Disclosure: No Positions
