Europe Research Enhanced Index Equity Active UCITS ETF
Europe Research Enhanced Index Equity Active UCITS ETF
About
Europe Research Enhanced Index Equity Active UCITS ETF (IE000WGK3YY5) is a UCITS-compliant equity ETF tracking the MSCI Europe Index (Total Return Net). With a TER of 0.26%, it is moderately priced, distributing dividends. The fund holds 154 positions across 14 regions with 2.9B in assets.
Score Breakdown
Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
| Component | Score | Details |
|---|---|---|
| Overall | 7.2 | Diversification (45%) · Cost (30%) · Liquidity (25%) |
| Cost (30%) | 7.3 | Tracking Difference: 10.0 · TD Consistency: 2.2 · Expense Ratio (TER): 4.5 |
| Diversification (45%) | 6.1 | Holding Count: 4.7 · Country Concentration: 5.0 · Sector Concentration: 9.8 |
| Liquidity (25%) | 9.0 | Assets Under Management |
Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.
ISIN
Fund Size €2.9B
Issuer JPMorgan
Distribution Pays Dividends
Replication —
Inception Oct 2018
Base Currency EUR
Index MSCI Europe Index (Total Return Net)
Asset Class Equities
Category European Equity
Costs
7.3 This fund has moderate costs compared to similar ETFs.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%
| Metric | Value |
|---|---|
| TER | 0.26% |
| Tracking Difference (avg) | 0.48% |
| TD Consistency (std dev) | 0.75% |
Cumulative Returns
Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%
| Period | Cumulative Return |
|---|---|
| 1 Month | +2.79% |
| 3 Months | -0.43% |
| 6 Months | +10.08% |
| 1 Year | +16.67% |
| 3 Years | +13.63% |
| 5 Years | — |
| 10 Years | — |
| YTD | +7.21% |
| Since Inception | +56.02% |
Holdings
4.7 With only 154 individual holdings, this fund is relatively concentrated compared to other ETFs.
Sectors
9.8 This fund is well-diversified across 12 sectors, with no single sector dominating.
| Sector | Weight |
|---|---|
| Financials | 2485.00% |
| Industrials | 1952.00% |
| Health Care | 1297.00% |
| Technology | 967.00% |
| Consumer Staples | 756.00% |
| Consumer Discretionary | 669.00% |
| Utilities | 543.00% |
| Materials | 498.00% |
| Energy | 404.00% |
| Communication Services | 323.00% |
| Unknown | 95.00% |
| Real Estate | 11.00% |
Regions
5.0 This fund is concentrated in just 15 countries, with significant geographic concentration.
| Country | Weight |
|---|---|
| United Kingdom | 2370.00% |
| France | 1723.00% |
| Germany | 1552.00% |
| Switzerland | 1235.00% |
| Netherlands | 947.00% |
| Spain | 538.00% |
| Italy | 371.00% |
| Denmark | 359.00% |
| Sweden | 336.00% |
| Belgium | 164.00% |
| Finland | 110.00% |
| Ireland | 98.00% |
| UNKNOWN | 95.00% |
| United States | 91.00% |
| Norway | 11.00% |
Nerd Stuff
Advanced risk and return metrics (2023-07-02 — 2026-04-17).
8.8%
Volatility
-16.1%
Max Drawdown
0.35
Sharpe Ratio
0.48
Sortino Ratio
0.19
Calmar Ratio
0.05
Beta
8.17%
Alpha (Jensen's)
0.004
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
Broker Availability
Where you can buy this ETF.
Trade
€1.00
Savings Plan
Free
Account
Free
Trade
Free
Savings Plan
Free
Account
Free
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