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Fund report

UCITS · Ireland · Distributing

IMEU

European equities
iShares II PLC – iShares Core MSCI Europe UCITS ETF
IE00B1YZSC51 · IQQY · ISEU · IMSEF · BlackRock (iShares)
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Concentration
Well diversifiedtop 10 = 21.4%
diversifiedconcentrated
GROWTH · NAV (EUR)rebased to 0%
Holdings
411
as of 2026-07-23
Top 10
21.4%
TER
0.12%
cheaper than 85% of peers
Net assets
€10.5B
reported in EUR
Largest
5.0%
P / E
18.8
covers 93.0% by weight
Sections
Holdings as of 2026-07-23.
01Overview
the fund's regulatory facts
Distribution
Distributing
Fund currency
EUR
Domicile
Ireland
Structure
Open-ended
First listed
2007-07-09
Volatility 1Y
12.8%
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 2026-08-24
1M
+0.7%
3M
+2.6%
6M
+4.4%
YTD
+10.6%
1Y
+16.8%
Trackingfund minus MSCI Europe Index · annualised
1Y return gap
+0.27 pp/yr
3Y return gap
+0.27 pp/yr
5Y return gap
+0.30 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.

Valuation361 companies covered · weighted, profitable holdings only
18.8
price / earnings
MethodologyCompany-data coverageThe rest is 2% loss-making companies, which carry no P/E by the positive-earner convention; 1% bonds, cash or other non-equity; 4% cannot be reliably linked to the financial and market data used in this analysis. We exclude uncertain matches rather than estimate them.
5.2%
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 94% by weight
2.20
price / book
covers 86.0% 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 2026-07-23
#CompanyIdentifierWeight
1ASML Holding N.V. NLASML
5.0
2HSBC Holdings PLC GBHSBA
2.5
3Roche Holding AG CHROP SW
2.2
4Novartis AG CHNOVN
2.0
5AstraZeneca PLC GBAZN
1.8
6Nestle SA CHNESN
1.8
7Shell PLC GBSHEL
1.8
8Siemens AG DESIE
1.6
9Banco Santander SA ESSAN
1.3
10Allianz SE DEALV
1.3
11TotalEnergies SE FRTTE
1.2
12Schneider Electric SE FRSU
1.2
13UBS Group CHUBSG
1.2
14Novo Nordisk A/S DKNOVOB
1.1
15ABB Ltd CHABBN
1.1
16SAP SE DESAP
1.1
17Rolls-Royce Holdings PLC GBRR/
1.1
18Iberdrola SA ESIBE
1.0
19Banco Bilbao Vizcaya Argentaria SA ESBBVA
1.0
20Airbus SE FRAIR
1.0
21Siemens Energy AG DEENR
0.9
22UNILEVER PLC GBULVR
0.9
23LVMH Moet Hennessy Louis Vuitton SE FRMC
0.9
24LAIR LIQUIDE SOCIETE ANONYME POUR FRAI
0.9
25Safran SA FRSAF
0.9
26COMPAGNIE FINANCIERE RICHEMONT SA CHCFR
0.9
27UniCredit SpA ITUCG
0.9
28British American Tobacco PLC GBBATS
0.8
29BP PLC GBBP/
0.8
30BNP Paribas SA FRBNP
0.8
31Zurich Insurance Group AG CHZURN
0.8
32GLAXOSMITHKLINE GBGSK
0.7
33Deutsche Telekom AG DEDTE
0.7
34L'Oreal SA FROR
0.7
35Intesa Sanpaolo SpA ITISP
0.7
36Rio Tinto PLC GBRIO
0.7
37Infineon Technologies AG DEIFX
0.7
38Sanofi SA FRSAN
0.7
39ING Groep NV NLING
0.7
40Barclays PLC GBBARC
0.7
41Lloyds Banking Group PLC GBLLOY
0.6
42Enel SpA ITENEL
0.6
43National Grid PLC GBNG/
0.6
44AXA SA FRCS
0.6
45Atlas Copco AB SEATCOA
0.6
46BAE Systems PLC GBBA/
0.5
47MUENCHENER RUECKVERSICHERUNGS GESE DEMUV2
0.5
48Anheuser-Busch Inbev SA/NV BEABI
0.5
49NatWest Group PLC GBNWG
0.5
50Investor AB SEINVEB
0.5
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04Exposure
Equity 98.9%Other 0.8%
By sector
Financial Services22.5%
Industrials18.2%
Healthcare13.0%
Technology9.0%
Consumer Defensive8.4%
Consumer Cyclical6.5%
Energy5.4%
Utilities4.8%
Materials4.7%
Communication Services3.1%
Real Estate0.6%
By country
GBUnited Kingdom21.6%
CHSwitzerland15.2%
FRFrance14.5%
DEGermany12.6%
NLNetherlands9.3%
ESSpain5.8%
SESweden5.1%
ITItaly5.0%
CurrencyEUR 53.2% GBP 21.7% CHF 15.2% SEK 5.1% 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)
364 shared companies
15.7%compare →
EXSA
Curated comparison
Comparecompare →
MEUD
Curated comparison
Comparecompare →

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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