The iShares Europe Financials ETF Outperforms First Trust Bank ETF on Yield, Cost, and Performance
EUFN delivered 31.6% returns over one year with a 3.9% dividend yield, while offering lower costs and broader diversification across 84 European holdings.
Overview
The iShares MSCI Europe Financials ETF (NASDAQ:EUFN) provides broad exposure to European financial markets at a lower cost and higher yield than the more concentrated First Trust Nasdaq Bank ETF (NASDAQ:FTXO).
Investors looking for financial sector exposure may find themselves choosing between domestic specialization and international breadth. While First Trust Nasdaq Bank ETF isolates U.S. banks using a liquidity-weighted approach, iShares MSCI Europe Financials ETF provides a window into the banking and insurance giants of developed European economies.
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Details
Source
Originally published at www.fool.com.