The iShares MSCI France ETF (NYSEArca: EWQ) has increased 5.3% and the iShares MSCI Italy Capped ETF (NYSEArca: EWI) has surged 15.2% year-to-date.
Looking at VGK’s underlying holdings, France makes up 14.6% of the ETF’s portfolio and Italy accounts for 3.9%. [Big Upside for the France ETF]
Investors more interested in targeted exposure to Eurozone economies may consider the iShares MSCI EMU ETF (NYSEArca: EZU). EZU focuses on countries that use the common euro currency, whereas other broad Europe ETFs, like VGK, include large United Kingdom and Switzerland exposures. EZU includes a 32.4% weight toward France and 7.9% toward Italy.
iShares MSCI EMU ETF
For more information on the Eurozone, visit our Europe category.
Max Chen Contributed to this article.