QESP is also heavily exposed to the financial services sector with a weight of 33.5% to that group. The factor-based Spain ETF also offers some leverage to the recovering Spanish consumer with over 10% of its weight going to consumer sectors. [Quality Approach to Country ETFs]
“Analysts are fretting somewhat about what Sunday’s vote could bring. Yvan Mamalet, senior euro economist at Societe Generale, said in a note Friday that while polls are too close to call in Spain right now, greater autonomy for Catalonia, rather than independence, is the likely outcome,” according to MarketWatch.
Spain itself holds national elections in December.
iShares MSCI Spain Capped ETF
