The U.K. is the new ETF’s largest country weight at 29.25% followed by France at 14.87% and Switzerland at 14.3%. Germany at 12.69% and Spain at 5.41% round out the top-five country weights in STXX.

Five sectors – financial services, health care, consumer staples, industrials and consumer discretionary – receive double-digit allocations in the new ETF. Three Swiss stocks – Novartis (NYSE: NVS), Nestle (OTC: NSRGY) and Roche – are the top-three individual holdings in STXX with weights ranging from 2.31% to 2.69%. Three British and two French firms are also found in the fund’s top-10 holdings.

Other international ETFs from ALPS include the ALPS Emerging Market Sector Dividend Dogs ETF (NYSEArca: EDOG) and the ALPS International Sector Dividend Dogs ETF (NYSEArca: IDOG). [Embrace This International Dividend ETF]

 

ETF Trends editorial team contributed to this post.

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