Overview
Low-cost core European equity exposure. 900+ large and mid-cap companies across 15 European developed markets. The broadest European equity ETF at a near-zero expense ratio of just 0.09%.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| ASML | ASML Holding | 3.4% |
| NESN | Nestle S.A. | 3.2% |
| NOVO B | Novo Nordisk | 2.9% |
| MC | LVMH Moet H. | 2.7% |
| SHEL | Shell PLC | 2.5% |
| AZN | AstraZeneca | 2.4% |
| ROG | Roche Holding | 2.2% |
| SAP | SAP SE | 2.1% |
| NOVN | Novartis AG | 2.0% |
| TTE | TotalEnergies | 1.8% |
Fund Details
Investment Thesis
IEUR is the most cost-efficient broad European equity ETF available, covering 900+ companies across all market capitalizations in developed Europe at just 0.09% expense ratio. This is significantly cheaper than VGK's 0.11% and dramatically below most European equity mutual funds. The IMI methodology includes small and mid-cap European companies that narrower ETFs miss, capturing European domestic companies alongside the large export-oriented multinationals. European defense spending surge and economic re-industrialization create meaningful earnings catalysts.
Who It's For
Cost-conscious investors building a globally diversified portfolio who want comprehensive European equity exposure at minimum cost. IEUR is the natural choice for investors who want broader European coverage than country-specific ETFs and lower cost than most European equity options. Ideal as the European component of a global equity allocation for those following a simple index-based investment approach.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $42.42 | -- |
| 2017 | $52.18 | +23.0% |
| 2018 | $44.82 | -14.1% |
| 2019 | $53.42 | +19.2% |
| 2020 | $55.42 | +3.7% |
| 2021 | $64.18 | +15.8% |
| 2022 | $48.42 | -24.5% |
| 2023 | $58.42 | +20.7% |
| 2024 | $57.02 | -2.4% |
| 2025 | $77.52 | +36.0% |
| Year | Yield |
|---|---|
| 2016 | 2.82% |
| 2017 | 2.62% |
| 2018 | 3.08% |
| 2019 | 2.82% |
| 2020 | 2.48% |
| 2021 | 2.22% |
| 2022 | 2.88% |
| 2023 | 2.62% |
| 2024 | 2.62% |
| 2025 | 2.88% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $2B | -- |
| 2017 | $3B | +50.0% |
| 2018 | $2B | -33.3% |
| 2019 | $3B | +50.0% |
| 2020 | $4B | +33.3% |
| 2021 | $5B | +25.0% |
| 2022 | $4B | -20.0% |
| 2023 | $5B | +25.0% |
| 2024 | $6B | +20.0% |
| 2025 | $8.0B | +33.3% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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