EDM6 📈 iShares MSCI Europe ESG - Overview
Exchange: XETRA • Country: Germany • Currency: EUR • Type: Etf • ISIN: IE00BHZPJ783 • Europe Large-Cap Blend Equity
EDM6: Stocks, Bonds, European, Equities, Sustainable, Investments
The iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc, listed on XETRA as EDM6, is a type of exchange-traded fund (ETF) that provides investors with exposure to a diversified portfolio of European large-cap equities. It is managed by Blackrock, a leading global investment management company, with its website available at http://www.blackrock.com. The fund is domiciled in Ireland, which offers a favorable regulatory environment for investment funds.
This ETF tracks the Morningstar DM Eur TME NR EUR index, which is designed to measure the performance of large-cap companies in the European market. The index is a benchmark for investors seeking to gain exposure to the European equity market, while also considering environmental, social, and governance (ESG) factors. The fund's ISIN code is IE00BHZPJ783, which is a unique identifier used to identify the fund and facilitate trading. As an ETF, it offers investors the benefits of diversification, liquidity, and transparency, making it an attractive option for those seeking to invest in European large-cap equities.
The iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc falls under the category of Europe Large-Cap Blend Equity, which means it invests in a mix of large-cap companies across various sectors in the European market. This category of funds is designed to provide investors with a balanced portfolio that can help reduce risk and increase potential returns over the long term. By investing in this ETF, investors can gain access to a broad range of European companies, while also benefiting from the ESG considerations that are integrated into the fund's investment strategy.
Additional Sources for EDM6 ETF
EDM6 ETF Overview
Market Cap in USD | 4,796m |
Category | Europe Large-Cap Blend Equity |
TER | 0.12% |
IPO / Inception | 2019-04-16 |
EDM6 ETF Ratings
Growth 5y | 54.3% |
Fundamental | - |
Dividend | - |
Rel. Strength Industry | 153 |
Analysts | - |
Fair Price Momentum | 6.81 EUR |
Fair Price DCF | - |
EDM6 Dividends
No Dividends PaidEDM6 Growth Ratios
Growth Correlation 3m | -57% |
Growth Correlation 12m | 69.6% |
Growth Correlation 5y | 85.5% |
CAGR 5y | 6.06% |
CAGR/Mean DD 5y | 0.91 |
Sharpe Ratio 12m | 0.43 |
Alpha | -11.01 |
Beta | 0.66 |
Volatility | 15.63% |
Current Volume | 126.1k |
Average Volume 20d | 211.4k |
As of December 27, 2024, the stock is trading at EUR 7.43 with a total of 126,089 shares traded.
Over the past week, the price has changed by -0.52%, over one month by -0.72%, over three months by -4.57% and over the past year by +7.65%.
Partly, yes. Based on ValueRay Analyses, iShares MSCI Europe ESG (XETRA:EDM6) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 54.26 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of EDM6 as of December 2024 is 6.81. This means that EDM6 is currently overvalued and has a potential downside of -8.34%.
iShares MSCI Europe ESG has no consensus analysts rating.
According to ValueRays Forecast Model, EDM6 iShares MSCI Europe ESG will be worth about 7.5 in December 2025. The stock is currently trading at 7.43. This means that the stock has a potential upside of +0.81%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 7.5 | 0.8% |