Spdr Euro Stoxx Etf Profile
| FEZ Etf | USD 47.85 0.22 0.46% |
Performance0 of 100
| Odds Of DistressLess than 38
|
SPDR EURO is trading at 47.85 as of the 28th of November 2024; that is 0.46 percent increase since the beginning of the trading day. The etf's open price was 47.63. SPDR EURO has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for SPDR EURO STOXX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Euro Stoxx is traded on NYSEARCA Exchange in the United States. More on SPDR EURO STOXX
Moving together with SPDR Etf
| 0.98 | VGK | Vanguard FTSE Europe | PairCorr |
| 1.0 | EZU | iShares MSCI Eurozone | PairCorr |
| 0.98 | BBEU | JPMorgan BetaBuilders | PairCorr |
| 0.98 | IEUR | iShares Core MSCI | PairCorr |
| 0.98 | IEV | iShares Europe ETF | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Chairman | Frank Nesvet |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Europe Stock, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2002-10-15 |
| Benchmark | EURO STOXX 50 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.26 Billion |
| Average Trading Valume | 1.6 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | Europe |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Mark Krivitsky |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 61.0 |
| Market Maker | Jane Street |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 2.1 |
| Name | SPDR EURO STOXX 50 ETF |
| Currency Code | USD |
| Open Figi | BBG000PG8230 |
| In Threey Volatility | 21.45 |
| 1y Volatility | 16.02 |
| 200 Day M A | 51.1715 |
| 50 Day M A | 50.792 |
| Code | FEZ |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
SPDR EURO STOXX [FEZ] is traded in USA and was established 2002-10-15. The fund is classified under Europe Stock category within SPDR State Street Global Advisors family. The entity is thematically classified as Size And Style ETFs. SPDR EURO STOXX currently have 1.46 B in assets under management (AUM). , while the total return for the last 3 years was 5.3%.
Check SPDR EURO Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR EURO STOXX Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR EURO STOXX Currency Exposure
SPDR EURO STOXX holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR EURO will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR EURO STOXX.
Top SPDR EURO STOXX Etf Constituents
| AI | Air Liquide SA | Stock | Chemicals | |
| DHL | Deutsche Post AG | Stock | DE Stock | |
| SU | Schneider Electric SE | Stock | Diversified Industrials | |
| SAN | Sanofi SA | Stock | Drug Manufacturers—General | |
| KER | Kering SA | Stock | Footwear & Accessories | |
| BNP | BNP Paribas SA | Stock | Banks—Regional | |
| SAP | SAP SE | Stock | Software-Application | |
| ITX | Industria de Diseno | Stock | Consumer Discretionary |
SPDR EURO Top Holders
| ETFOX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation | |
| ETFAX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation | |
| AAANX | Horizon Active Asset | Mutual Fund | Tactical Allocation | |
| ACRIX | Horizon Active Risk | Mutual Fund | Tactical Allocation | |
| ARAAX | Horizon Active Risk | Mutual Fund | Tactical Allocation | |
| ARANX | Horizon Active Risk | Mutual Fund | Tactical Allocation | |
| DMLAX | Doubleline Multi Asset Growth | Mutual Fund | Tactical Allocation | |
| DMLIX | Doubleline Multi Asset Growth | Mutual Fund | Tactical Allocation |
SPDR EURO STOXX Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR EURO. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.38) |
SPDR EURO Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR EURO STOXX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of SPDR EURO STOXX is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR EURO's value that differs from its market value or its book value, called intrinsic value, which is SPDR EURO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR EURO's market value can be influenced by many factors that don't directly affect SPDR EURO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR EURO's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR EURO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR EURO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.