EXX1 📈 iShares EURO STOXX Banks - Overview

The iShares EURO STOXX Banks 30-15 UCITS ETF (DE) is an exchange-traded fund (ETF) that tracks the performance of the EURO STOXX Banks Index. This index is comprised of 30 of the largest and most liquid banking stocks in the Eurozone, providing investors with exposure to the European banking sector.

As a UCITS-compliant ETF, it is domiciled in Germany and adheres to the Undertakings for Collective Investment in Transferable Securities (UCITS) framework, which ensures a high level of investor protection and transparency.

The ETF's underlying index, the Morningstar Global Financial Services Total Market Net Return USD Index, is a widely followed benchmark that captures the performance of financial services companies globally. This index is calculated on a net return basis, which means it takes into account the reinvestment of dividends and other income.

By investing in the iShares EURO STOXX Banks 30-15 UCITS ETF (DE), investors can gain diversified exposure to the European banking sector, which can help to spread risk and potentially increase returns over the long term. Additionally, as an ETF, it offers the flexibility to buy and sell throughout the trading day, allowing investors to quickly respond to changing market conditions.

For more information about this ETF, investors can visit the iShares website at http://www.iShares.de, which provides detailed product information, performance data, and other resources to help inform investment decisions.