iShares MSCI Europe IMI Index ETF Review (XEU) 2024
Last Updated: 3/7/2024
XEU trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares MSCI Europe IMI Index (XEU) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
Wealth Awesome Rating: 78/100
This equity ETF has an MER of 0.28%. With lower than average fees, it’s a cost-effective option. Managing 201 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
XEU trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares MSCI Europe IMI Index (XEU) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the iShares MSCI Europe IMI Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.28%. This ETF trades on the TSX exchange.XEU stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $201MM
Expense Ratio: 0.28%
Price: $29.49 (Updated: 3/7/2024)
iShares MSCI Europe IMI Index (XEU) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Novo Nordisk A/S | NOVO-B | 3.08441 |
| ASML Holding NV | ASML | 2.92569 |
| Nestlé S.A. | NESN | 2.56775 |
| LVMH Moët Hennessy – Louis Vuitton Société Européenne | MC | 1.94244 |
| Novartis AG | NOVN | 1.78804 |
| AstraZeneca PLC | AZN | 1.73473 |
| Shell plc | SHEL | 1.72602 |
| Roche Holding AG | ROG | 1.694 |
| SAP SE | SAP | 1.52674 |
| HSBC Holdings PLC | HSBA | 1.28403 |
iShares MSCI Europe IMI Index (XEU) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 42.76274 |
| Big | 34.68006 |
| Medium | 16.75212 |
| Small | 4.1671 |
| Micro | 0.22589 |
iShares MSCI Europe IMI Index (XEU) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 6.56537 | 8.2377 |
| Consumer Cyclicals | 11.24184 | 11.79786 |
| Financial Services | 16.88215 | 15.1165 |
| Real Estate | 1.68764 | 0.62548 |
| Communication Services | 3.44225 | 3.37742 |
| Energy | 5.15095 | 5.86696 |
| Industrials | 17.53285 | 15.14489 |
| Technology | 8.75922 | 7.24995 |
| Consumer Defensive | 10.40643 | 14.82086 |
| Healthcare | 14.911 | 15.74232 |
| Utilities | 3.42031 | 2.02006 |
iShares MSCI Europe IMI Index (XEU) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 1.096 | 2.524 |
| United Kingdom | 21.9091 | 26.55897 |
| Europe Developed | 76.877 | 70.829 |
| Europe Emerging | 0.03 | 0.05 |
| Africa/Middle East | 0.053 | 0 |
| Japan | 0 | 0 |
| Australasia | 0 | 0 |
| Asia Developed | 0.012 | 0 |
| Asia Emerging | 0 | 0.037 |
| Latin America | 0 | 0 |
XEU Management Expense Ratio
XEU has a management expense ratio of 0.28% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy iShares MSCI Europe IMI Index TSX ETF
You can buy XEU on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
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