The S&P 500 roared to its best May in over 30 years, what???s next for June?
EZU hits a 52-week high and is up nearly 30% from its low, as Eurozone growth and easing trade tensions fuel investor interest.
I have a buy rating on EZU, driven by strong valuation, bullish technicals, and robust inflows into European equities. EZU has outperformed the S&P 500 YTD, with attractive fundamentals: low P/E, solid growth, and a higher dividend yield. The ETF offers broad sector diversification, though near-term volatility is possible due to seasonal weakness in June.
![]() EZU 11 Jun 2024 Paid | Semi Annual | $1.04 Per Share |
![]() EZU 20 Dec 2023 Paid | Semi Annual | $0.35 Per Share |
![]() EZU 7 Jun 2023 Paid | Semi Annual | $0.86 Per Share |
![]() EZU 13 Dec 2022 Paid | Semi Annual | $0.17 Per Share |
![]() EZU 9 Jun 2022 Paid | Semi Annual | $0.93 Per Share |
![]() EZU 11 Jun 2024 Paid | Semi Annual | $1.04 Per Share |
![]() EZU 20 Dec 2023 Paid | Semi Annual | $0.35 Per Share |
![]() EZU 7 Jun 2023 Paid | Semi Annual | $0.86 Per Share |
![]() EZU 13 Dec 2022 Paid | Semi Annual | $0.17 Per Share |
![]() EZU 9 Jun 2022 Paid | Semi Annual | $0.93 Per Share |
Asset Management Industry | Financial Services Sector | - CEO | XSGO Exchange | US4642866085 ISIN |
US Country | - Employees | - Last Dividend | 24 Jul 2008 Last Split | - IPO Date |
This fund operates as a type of mutual fund or exchange-traded fund (ETF) designed primarily for investors looking to gain exposure to the equities markets of developed European countries. By committing at least 80% of its assets to follow the composition of its underlying index, the fund aims to mirror the performance of a basket of stocks selected from 10 specific developed markets in Europe. These countries include Austria, Belgium, Finland, France, Germany, Ireland, Italy, the Netherlands, Portugal, and Spain. The strategy focuses on investing in securities that not only are part of its underlying index but also possess economic characteristics almost identical to those of the index components, ensuring the fund’s performance is closely aligned with the market trends of these developed European nations.
The fund invests primarily in securities that form part of its underlying index, ensuring that its portfolio mirrors the performance of selected equities from Austria, Belgium, Finland, France, Germany, Ireland, Italy, the Netherlands, Portugal, and Spain. This offers investors a diversified exposure to the developed European equities market.
In addition to index components, the fund allocates assets towards investments that have economic characteristics substantially identical to those of the securities in the underlying index. This strategy aims to replicate the economic performance of the index, enhancing the fund's ability to track its benchmark closely.