Deep Dive
Financials drop 2.4% after the Fed's first hike since 2023 and a Bank of America fee warning
iShares MSCI Europe Financials ETF
$38.74+0.36 (+0.94%)
- 0.49%
- $3.6B
- +20.0%
- 4.31%
- 1.6M sh
- $38.32
- low $32.91high $43.07
The ETF.net EUFN Grade
C
Score 46 out of 100
- 14 of 18
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F24 out of 100Rank 14 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 2 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C52 out of 100Rank 9 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B66 out of 100Rank 8 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 3 of 18
Our read on EUFN
CEuropean banks, insurers and asset managers in one US-listed ticket. Roughly 80 stocks spanning 15 developed European markets, from Spanish lenders to Swiss and British giants, and it has been doing that one job since 2010.
The fund seeks to track an index of developed-market European equities in the financials sector, providing regional sector exposure to European banks, insurers, and financial-services firms.
Why people hold it
- Whole-continent reach, not just the euro zone: the index covers financials across 15 developed European countries, including the UK, Switzerland and the Nordics.msci.com
- One clean instrument for a regional sector view: about 80 banks, insurers and financial-services firms, per the fund's stated objective.ishares.com
- Assets in the billions and active daily trading, which is unusual for a single-sector, single-region fund.
- Running since January 2010, through the euro-zone debt crisis and the negative-rate years. Long tenure for a niche slice of the market.
Worth knowing
- Costs 0.49% a year, above the 0.44% median for financials funds and far above US-focused index rivals like XLF (0.08%) and VFH (0.09%). International plumbing isn't cheap.
- The holdings trade in euros, pounds, francs and krona, so exchange-rate moves ride along with the stock story in your dollar returns.msci.com
- One sector, market-cap weighted, so Europe's largest banks and insurers carry the load. Rate moves and credit cycles drive it more than any single company.money.usnews.com
EUFN Holdings
- Stocks
- 92
- 44%
- HSBA.L
Sectors
- Financials98.2%
- Technology1.0%
- Industrials0.8%
Geography
- United Kingdom22.81%
- Germany12.61%
- Spain12.49%
- Switzerland11.67%
- Italy10.74%
- France7.20%
- Netherlands6.48%
- Sweden5.61%
- 10.38%
Developed 100% · Emerging 0%
EUFN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EUFN$12,002
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EUFN |
|---|---|
| Year to date | +6.6% |
| 1 month | −9.2% |
| 3 months | −4.3% |
| 1 year | +20.0% |
| 3 years | +32.3% |
| 5 years | +19.2% |
| 10 years | +13.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EUFN |
|---|---|---|
| 2026 YTD | +6.6% | |
| 2025 | +65.7% | |
| 2024 | +17.3% | |
| 2023 | +26.2% | |
| 2022 | −8.7% | |
| 2021 | +19.2% | |
| 2020 | −8.6% |
EUFN in the news
EUFN Dividends
- 4.31%
- $1.65
- $1.14 per share
- Twice a year
Distribution history
EUFN Risk
- 15.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.70
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −35.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EUFN Cost
0.49%
EUFN0.49%
- The middle half of Financials (Broad) funds
- Median 0.37%
13 of the 18 Financials (Broad) funds charge less.
Other funds in Financials (Broad)
- CIYGiShares U.S. Financial Services ETFExpense ratio 0.37%1 year return +8.6%
- CIAIiShares U.S. Broker-Dealers & Securities Exchanges ETFExpense ratio 0.37%1 year return +5.5%
- DTFNST. Rowe Price Financials ETFExpense ratio 0.44%1 year return +10.5%
- DPFIInvesco Dorsey Wright Financial Momentum ETFExpense ratio 0.78%1 year return +6.9%
- FKBWDInvesco KBW High Dividend Yield Financial ETFExpense ratio 5.39%1 year return −8.4%