|Bid||32.75 x 800|
|Ask||34.80 x 800|
|Day's Range||33.81 - 33.96|
|52 Week Range||28.73 - 35.95|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.97|
|Expense Ratio (net)||0.29%|
The SPDR STOXX Europe 50 ETF (NYSEArca: FEU), an ETF offering a broad-based approach to European equities, is higher by more than 9% this year. That could potentially be a sign that some market participants ...
After rallying last year, European stocks and the related exchange traded funds are disappointing investors in 2018. For example, the SPDR EURO STOXX 50 (FEZ) is lower by nearly 7% while the SPDR STOXX Europe 50 ETF (FEU) is off by a comparable amount. The $3.44 billion FEZ tracks the EURO STOXX 50 Index, a benchmark that focuses on Eurozone equities.
Eurozone has been going through a rough patch lately with the economy losing momentum. This is especially true as the series of data this month points to a slowdown after the fastest annual expansion in a decade.Source: ShutterstockDownbeat Data
Given the prospect of monetary easing policies for some more months and a weakening euro, investing in a Eurozone ETFs could be a good idea.