SHEL - European ETFs plunge deep in the red as selling takes place across the continent

European exchange traded funds dive deep into negative territory as tensions heat up between Russia and Ukraine. The largest nuclear power plant in Europe, located in Enerhodar, Ukraine, was attacked by Russian bombing, causing fear to spread across the European marketplace.  The news sent the FTSE 100, German Dax, CAC 40, FTSE MIB, and other European indices southward.  As a direct result, the world's largest European ETF Vanguard FTSE Europe ETF (NYSEARCA:VGK), with its $20B assets under management and competitor fund iShares MSCI Eurozone ETF (BATS:EZU), sank 4.5% and 5.6%. Both VGK and EZU offer investors exposure to the broad spectrum of European companies across multiple countries. The key difference between the two funds is that VGK provides greater exposure to the UK, whereas EZU offers more exposure to French and German organizations. Moreover, VGK comes with a cheaper 0.12% expense ratio compared to EZU's 0.50%. Additionally, Friday's sell-off has affected the entire continent from

For further details see:

European ETFs plunge deep in the red as selling takes place across the continent