3 ETFs Crushing Eurozone Competition [Vanguard FTSE Europe ETF, iShares S&P Europe 350 Index (ETF), GLOBALXFTSEPORTUGAL20ETF]

Additionally, the product is skewed toward materials at roughly 26%, while consumer staples and industrials take the next two spots. The Ireland ETF added over 10% over the trailing one month and has a Zacks ETF Rank of 2 or ‘Buy’ rating (read: Euro Zone Recovery Puts Ireland ETF in Focus).

iShares MSCI Belgium Capped ETF (NYSEARCA:EWK)

This fund targets the Belgian market and tracks the MSCI Belgium IMI 25/50 Index. Holding 43 stocks in its basket, the product has some concentration issues as Anheuser-Busch accounts for 21.6% of the portfolio while other firms do not hold more than 8.2% share. Further, the fund is tilted toward consumer staples and financial sectors with just under 30% share each.

The ETF is often overlooked by investors, as it has accumulated just $74 million in its asset base. The fund trades in average daily volume of nearly 64,000 shares while charges 48 bps in annual fees and expenses. Over the past months, EWK has been up nearly 9.1% and has a Zacks ETF Rank of 2 or ‘Buy’ rating.

Global X FTSE Portugal 20 ETF (NYSEARCA:PGAL)

This product provides concentrated exposure to the biggest 20 Portuguese stocks and follows the FTSE Portugal 20 Index. The fund has amassed $15.7 million since its debut four months ago. Volume is light at under 18,000 shares a day and expense ratio came in at 0.55%.

The fund is heavily concentrated on the top firm – EDP – at under 20% of total assets, closely followed by Galp Energia (13.56%) and Jeronimo Martins (10.97%). From a sector perspective, utilities and consumer staples dominate the fund’s portfolio at nearly 24% and 19%, respectively. The ETF has gained nearly 10% in the trailing one month.

This article is brought to you courtesy of Eric Dutram.

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