Like many of its rival Eurozone-focused ETFs, FEUZ features large weights to Germany and France, the region’s two largest economies. Italy and Spain, the Eurozone’s third- and fourth-largest economies, respectively, also combine for more than 20% of the new ETF’s weight.
The new ETF is home to 149 stocks, none of which account for more than 1.21% of the fund’s weight. Financial services and industrials are among FEUZ’s largest sector weights. FEUZ charges 0.8% per year.
ETF Trends editorial team contributed to this post.