---
ticker: "PBEU"
name: "Portfolio Building Block European Banks Index ETF"
url: "https://etf.net/etf/PBEU"
grade: "B"
score: 55
graded_at: "2026-10-12"
category: "Banks"
category_rank: "5 of 9"
methodology: "https://etf.net/methodology"
---

# PBEU: Portfolio Building Block European Banks Index ETF

Grade **B**, Score 55 of 100. Rank 5 of 9 in Banks.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 93 | 1 of 9 |
| Mission | Not scored | — |
| Risk | 36 | 8 of 9 |
| Tradability | 30 | 7 of 9 |
| Holdings | 20 | 9 of 9 |
| Durability | 42 | 8 of 9 |

## Top holdings

The fund holds 58 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | HSBA.L | Hsbc Holdings PLC | 14.66% |
| 2 | SAN.MC | Banco Santander SA | 9.38% |
| 3 | BBVA | Banco Bilbao Vizcaya Argenta | 6.81% |
| 4 | UCG.MI | Unicredit Spa | 5.36% |
| 5 | BNPQY | Bnp Paribas | 4.76% |
| 6 | ING | Ing Groep NV | 4.49% |
| 7 | ISP.MI | Intesa Sanpaolo | 4.44% |
| 8 | LYG | Lloyds Banking Group PLC | 4.01% |
| 9 | BCS | Barclays PLC | 3.58% |
| 10 | NDA-FI.HE | Nordea Bank Abp | 3.16% |
| 11 | SCGLY | Societe Generale SA | 2.61% |
| 12 | CAIXY | Caixabank SA | 2.57% |
| 13 | NWG.L | Natwest Group PLC | 2.54% |
| 14 | STAN.L | Standard Chartered PLC | 2.50% |
| 15 | SWED-A.ST | Swedbank Ab - A Shares | 2.08% |
| 16 | CRZBY | Commerzbank AG | 2.03% |
| 17 | EBKDY | Erste Group Bank AG | 1.97% |
| 18 | DANSKE.CO | Danske Bank A/S | 1.75% |
| 19 | SEB-A.ST | Skandinaviska Enskilda Ban-A | 1.72% |
| 20 | KBCSY | Kbc Group NV | 1.69% |
| 21 | BMPS.MI | Banca Monte Dei Paschi Siena | 1.42% |
| 22 | DNB.OL | Dnb Bank Asa | 1.30% |
| 23 | BPXXY | Bper Banca Spa | 1.28% |
| 24 | CRARY | Credit Agricole SA | 1.16% |
| 25 | — | Svenska Handelsbanken-A Shs | 1.06% |
| 26 | BAMI.MI | Banco Bpm Spa | 1.03% |
| 27 | — | Bank of Ireland Group PLC | 0.99% |
| 28 | AIBGY | Aib Group PLC | 0.97% |
| 29 | BNDSY | Banco De Sabadell SA | 0.96% |
| 30 | FBK.MI | Finecobank Spa | 0.76% |

Source: etf.net, https://etf.net/etf/PBEU. Please cite the page URL.