Germany of course is the second highest weighting in EZU as we mentioned above, so both funds should be monitored closely in coming weeks given the ECB stimulus plan situation. Other notables in the Europe Equity space that have multicountry exposure that will likely see increased traffic in the short and intermediate term include HEDJ (WisdomTree Europe Hedged Equity, Expense Ratio 0.58%, $4.7 billion AUM), FEZ (SPDR DJ Euro STOXX 50, Expense Ratio 0.29%, $4.1 billion AUM), IEV (iShares S&P Europe 350, Expense Ratio 0.60%), and DBEU (Deutsche X-Trackers MSCI Europe Hedged Equity, Expense Ratio 0.45%, $709 million in AUM).
Several levered funds should stand out in this environment as well provided Europe remains front and center, including EPV (ProShares UltraShort FTSE Europe, Expense Ratio 0.95%), UPV (Ultra FTSE Europe, Expense Ratio 0.95%), and EURL (Direxion Daily FTSE Europe Bull 3X, Expense Ratio 0.95%).
iShares MSCI EMU ETF
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