Summary
Invesco MSCI Europe ex-UK UCITS ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 321. The ten largest make up 24% of the fund.
- Yearly costs
- 0.20%
- Fund size
- 70.4M €
- Positions
- 321
- Dividends
- Reinvested
- Running since
- 2017
What speaks for it
- Costs of 0.20% a year are below the middle of comparable funds (0.43%).
- Widely spread: the ten largest positions make up only 24% of the fund.
- Average yearly growth over the last five years: 8.7%.
What to watch
- A small fund with 70.4M € under management; small funds get closed more often.
- It trades little: only about 32.6K € changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.1%
- 3 months
- +0.1%
- This year
- +11%
- 1 year
- +16%
- 3 years
- +59%
- 5 years
- +52%
- Avg. market cap
- $210.1B
- P/E
- 17.7x
- Forward P/E
- 15.9x
- P/S
- 2.3x
- P/B
- 2.9x
- P/FCF
- 8.3x
- EV/EBITDA
- 13.6x
- Dividend yield
- 2.38%
- ROIC
- 16.2%
- ROE
- 24.8%
- Gross margin
- 49.0%
- Operating margin
- 25.2%
- Net margin
- 18.1%
- Payout ratio
- 42.1%
- Net debt/EBITDA
- 1.1x
- Beta
- 0.82
Weighted average of the 50 largest companies, which make up 59% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ASASML Holding N.V. ASML.AS 6.2%
- 2 RORoche Holding AG ROP.SW 2.8%
- 3 NONovartis AG NOVN.SW 2.3%
- 4 NENestlé S.A. NESN.SW 2.3%
- 5 SISiemens SIE.DE 2.0%
- 6 SASAP SE SAP.DE 2.0%
- 7 SABanco Santander, S.A. SAN.MC 1.9%
- 8 ALAllianz ALV.DE 1.8%
- 9 SUSchneider Electric S.E. SU.PA 1.7%
- 10 TTTotalEnergies SE TTE.PA 1.6%
Positions in the fund: 321. The ten largest make up 24% of it.
Composition as of Oct 24, 2026.
Where is it spread?
Spread outBy sector
- Financials 25%
- Industrials 21%
- Healthcare 13%
- Technology 12%
- Consumer cyclical 6.9%
- Other 23%
By country
- Switzerland 19%
- Germany 18%
- France 17%
- Netherlands 13%
- Other countries 33%
By company size
- Mega cap 22%
- Large cap 77%
- Mid cap 1.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Financials (25%). Largest country: Switzerland (19%). Largest size group: Large cap (77%).
What does it cost me?
Cheap- A year from 10,000 €
- 20.00 €
- Over 20 years
- 993 €
From every 10,000 € invested the fund takes 20.00 € a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about 993 €.
How has it done?
Growing over the long run- A year on average, 5 years
- +8.7%
- Deepest drop
- -22%
- Yearly volatility
- 14%
Average yearly growth over the last five years: 8.7%. Deepest drop in these years: 22% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- 32.6K €
- Shares a day
- 685
On an average day about 32.6K € of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.7
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 27%
- Fairly valued 8.5%
- Overvalued 64%
On average the companies inside trade for 17.7 times their yearly profit. By Fair Price, 64% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 59% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IQ IQQU.DE iShares MSCI Europe ex-UK UCITS ETF | Ireland | 0.40% | $1.45B | +13% | Pays out | 92% |
VE VERX.AS Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Distributing | Ireland | 0.10% | $5.55B | +13% | Pays out | 90% |
VE VERX.DE Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Distributing | Ireland | 0.10% | $5.55B | +13% | Pays out | 90% |
VE VERE.DE Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating | Ireland | 0.10% | $5.55B | +16% | Reinvests | 90% |
XU XUEK.DE Xtrackers S&P Europe ex UK UCITS ETF 1D | Ireland | 0.09% | $356.6M | +13% | Pays out | 90% |
XU XUEK.SG Xtrackers S&P Europe ex UK UCITS ETF 1D | Ireland | 0.09% | $569.1M | +13% | Pays out | 90% |