ETF Trace

Fund report

UCITS · Ireland · Distributing

IMEU IE00B1YZSC51

European equities
iShares II PLC – iShares Core MSCI Europe UCITS ETF
IQQY · ISEU · IMSEF · BlackRock (iShares)

401 holdings as of 2026-09-14 · top 10 = 21.3% · TER 0.12% · P/E 19.8

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Concentration
Well diversifiedtop 10 = 21.3%
diversifiedconcentrated
GROWTH · PRICE DEVELOPMENTrebased to 0%
Holdings
401
as of 2026-09-14
Top 10
21.3%
TER
0.12%
cheaper than 85% of peers
Net assets
€10.5B
reported in EUR
Largest
4.5%
P / E
19.8
covers 95% by weight
Sections
Holdings as of 2026-09-14.
01Overview
the fund's regulatory facts
Distribution
Distributing
Fund currency
EUR
Domicile
Ireland
Structure
Open-ended
First listed
2007-07-06
Volatility 1Y
12.9%
Tracked index
MSCI Europe Index
How it tracks
Physical, optimised
Risk rating
4 of 7
Lends its stock
Yes
02Valuation and performance
market price return · as of 2026-10-08
1M
-3.4%
3M
-2.9%
6M
+2.0%
YTD
+6.2%
1Y
+9.3%
Trackingfund minus MSCI Europe Index · annualised
1Y return gap
+0.26 pp/yr
3Y return gap
+0.27 pp/yr
5Y return gap
+0.29 pp/yr
3Y tracking error
0.13%

A positive return gap means the fund finished ahead of the index over that window. The 3Y tracking error shows how variable that monthly gap was; lower means steadier tracking. MethodologyReturn gap and tracking errorReturn gap is the fund's return minus its index over the same months, converted to a yearly rate. Tracking error is the annualised standard deviation of those monthly fund-minus-index returns. Both lines come from the manager's own chart, in the same currency and the exact index variant the fund tracks. We use month-end values so different intraday valuation times are not mistaken for tracking error.. Not investment advice.

Valuation359 companies covered · weighted, profitable holdings only
19.8
price / earnings
MethodologyCompany-data coverageThe rest is 2% loss-making companies, which carry no P/E by the positive-earner convention; 3% cannot be reliably linked to the financial and market data used in this analysis. We exclude uncertain matches rather than estimate them.
4.9%
MethodologyEarnings yieldP/E is price over earnings; earnings yield is the reverse, earnings over price, and reads like a bond yield. P/E covers only the profitable holdings, since a loss-making company has no meaningful P/E. Earnings yield counts the loss-makers too, so it covers more of the fund and can fall below zero when the holdings lose money overall.
covers 96% by weight
2.46
price / book
covers 89% by weight

Computed from company filings and reported position values. MethodologyPortfolio valuationComputed by us from each company's own financial statements and the position values funds report, currency-adjusted and weighted harmonically. P/E covers profitable holdings only. Book value uses the most recent reported quarter.. Not investment advice.

03Holdings
50 largest · as of 2026-09-14
#CompanyIdentifierWeight
1ASML Holding N.V. NLASML
4.4
2HSBC Holdings PLC GBHSBA
2.5
3Roche Holding AG CHROP SW
2.3
4Shell PLC GBSHEL
2.0
5Novartis AG CHNOVN
1.8
6Nestle SA CHNESN
1.8
7AstraZeneca PLC GBAZN
1.8
8Siemens AG DESIE
1.6
9SAP SE DESAP
1.6
10Banco Santander SA ESSAN
1.5
11Allianz SE DEALV
1.4
12TotalEnergies SE FRTTE
1.3
13Schneider Electric SE FRSU
1.2
14UBS Group CHUBSG
1.2
15Banco Bilbao Vizcaya Argentaria SA ESBBVA
1.2
16Rolls-Royce Holdings PLC GBRR/
1.1
17ABB Ltd CHABBN
1.0
18Iberdrola SA ESIBE
1.0
19Novo Nordisk A/S DKNOVOB
1.0
20UNILEVER PLC GBULVR
1.0
21Airbus SE FRAIR
1.0
22UniCredit SpA ITUCG
0.9
23Safran SA FRSAF
0.9
24BP PLC GBBP/
0.9
25LAIR LIQUIDE SOCIETE ANONYME POUR FRAI
0.9
26LVMH Moet Hennessy Louis Vuitton SE FRMC
0.8
27Siemens Energy AG DEENR
0.8
28BNP Paribas SA FRBNP
0.8
29British American Tobacco PLC GBBATS
0.8
30COMPAGNIE FINANCIERE RICHEMONT SA CHCFR
0.8
31Deutsche Telekom AG DEDTE
0.8
32Intesa Sanpaolo SpA ITISP
0.8
33Zurich Insurance Group AG CHZURN
0.8
34L'Oreal SA FROR
0.8
35ING Groep N.V. NLINGA
0.8
36Rio Tinto PLC GBRIO
0.7
37GLAXOSMITHKLINE GBGSK
0.7
38Sanofi SA FRSAN
0.7
39Barclays PLC GBBARC
0.6
40Lloyds Banking Group PLC GBLLOY
0.6
41SPOTIFY TECHNOLOGY SA SESPOT
0.6
42Infineon Technologies AG DEIFX
0.6
43AXA SA FRCS
0.6
44Enel SpA ITENEL
0.5
45BAE Systems PLC GBBA/
0.5
46Glencore PLC CHGLEN
0.5
47Atlas Copco AB SEATCOA
0.5
48MUENCHENER RUECKVERSICHERUNGS GESE DEMUV2
0.5
49National Grid PLC GBNG/
0.5
50NatWest Group PLC GBNWG
0.5
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04Exposure
Equity 99.7%
By sector
Financial Services23.9%
Industrials18.2%
Healthcare12.7%
Technology8.9%
Consumer Defensive8.5%
Consumer Cyclical6.4%
Energy5.7%
Materials4.9%
Utilities4.5%
Communication Services3.2%
Real Estate0.5%
By country
GBUnited Kingdom21.9%
CHSwitzerland14.9%
FRFrance14.6%
DEGermany13.6%
NLNetherlands8.8%
ESSpain6.1%
SESweden5.2%
ITItaly5.0%
CurrencyEUR 53.9% GBP 22.0% CHF 14.9% SEK 5.2% DKK 2.6%
Issuer's scenario analysisaverage return per year over 5 years
Stress
-14.1%
Unfavourable
+2.8%
Moderate
+8.1%
Favourable
+14.2%
05Similar funds
funds with comparable exposure
IE00B4L5Y983
MSCI World (IWDA/EUNL)
361 shared companies
15.6%compare →
EXSA
Curated comparison
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MEUD
Curated comparison
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Ranked by how much of their holdings you already own through this fund. Overlap by weight where shown.

06Where it trades
12 exchanges
ExchangeMICListed since
London Stock ExchangeXLON2007-07-09
Euronext AmsterdamXAMS2007-09-04
Borsa ItalianaETFP2008-11-03
Börse MünchenMUNB2014-07-22
Börse DüsseldorfDUSB2014-11-10
Börse FrankfurtFRAA2014-11-10
Börse HamburgHAMB2014-11-10
Börse StuttgartSTUB2014-11-10
TradegateXGAT2014-11-10
XetraXETA2014-11-10
Börse HannoverHANB2022-12-21
SIX Swiss ExchangeXSWX–

Also admitted to 49 other venues, mostly multilateral trading facilities and regional segments.

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