IEUR - IEUR: An Ideal ETF For Top European Stocks With A 3% Yield
2024-04-10 06:56:03 ET
Summary
- iShares Core MSCI Europe ETF is an attractive option for investors looking to add leading European companies to their portfolio.
- The ETF has been in an uptrend and offers relative value compared to US stocks, with a low expense ratio and attractive yield.
- European stocks may outperform US stocks due to lower price-to-earnings ratios and potential interest rate cuts by the European Central Bank.
iShares Core MSCI Europe ETF ( IEUR ) is an ideal ETF for investors who want to add some of Europe's leading companies to their portfolio. This ETF has been in a solid uptrend for the past few months, but it still offers relative value when compared to U.S. stocks. This ETF has about $4.6 billion in assets under management, and it has a very low expense ratio of just .11%. There are other portfolio characteristics that I like about this ETF, which includes the yield of about 2.62% (SEC 30-day), and the portfolio sports a price to earnings average of just 14.98 times earnings. This appears to offer considerable value when compared to the S&P 500 Index ( SPY ) which currently trades for about 23 times earnings ....
IEUR: An Ideal ETF For Top European Stocks With A 3% Yield