iShares Edge MSCI Europe Momentum Factor

High momentum European companies

(IEFM)
£9.66
Previous business day’s close price
+£2.20 (+29.55%)
max available period
£6.78
£9.80

04 Jan 21
12 Dec 24

Details

ETF description

The iShares Edge MSCI Europe Momentum Factor ETF targets European equities that exhibit strong momentum characteristics by tracking the MSCI Europe Momentum index. This ETF selects stocks based on their relative strength and recent performance trends, focusing on companies that have shown positive price momentum over time. It aims to capitalize on the momentum factor, which is based on the premise that stocks with strong recent performance are likely to continue outperforming. This ETF is designed for investors seeking to gain exposure to European markets through a strategy that emphasizes momentum‑driven stock selection for potential higher returns.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The Edge MSCI Europe Momentum Factor index provides targeted exposure to European equities exhibiting strong momentum characteristics. By focusing on stocks with robust recent performance and upward price trends, this index aims to capture the potential for continued outperformance based on momentum factors. Its emphasis on high‑momentum European stocks makes it a valuable addition for portfolios seeking to leverage momentum‑driven investment opportunities in the European market.

ETF Breakdown

Sap SE
5.2%
Deutsche Telekom AG
4.4%
Schneider Electric SE
3.9%
Unilever plc
3.3%
Spotify Technology S.A.
2.9%
Iberdrola S.A.
2.7%
Siemens AG
2.7%
ABB Ltd.
2.6%
Rolls‑Royce Holdings Plc
2.6%
Zurich Insurance Group AG Ltd
2.3%
Industria De Diseno Textil SA
2.1%
UBS Group AG
1.9%
Siemens Energy AG
1.8%
London Stock Exchange Group
1.7%
RELX Plc
1.6%
Ferrari N.V.
1.6%
Unicredit Spa
1.6%
Holcim Ltd
1.5%
DSV AS
1.5%
Safran SA
1.5%
Munich Re
1.5%
Intesa Sanpaolo Spa
1.5%
Barclays
1.4%
NatWest Group
1.4%
Deutsche Boerse AG
1.3%
Investor AB
1.3%
3i Group plc
1.2%
UCB SA
1.2%
Experian Plc
1.2%
Compagnie de Saint‑Gobain S.A.
1.1%
Telefonaktiebolaget L M Ericsson
1.0%
argenx SE
1.0%
Axa
1.0%
Lonza Group AG
1.0%
Adyen NV
0.9%
Imperial Brands Plc
0.9%
Wolters Kluwers NV
0.9%
ING Groep N.V.
0.8%
Givaudan SA
0.8%
Tesco plc
0.8%
Assa Abloy AB
0.8%
Prysmian S.p.A
0.7%
Standard Chartered plc
0.7%
MTU Aero Engines AG
0.7%
Assicurazioni Generali SPA
0.7%
Nokia
0.6%
Deutsche Bank AG
0.6%
Sandoz Group Ag Chf 0.05
0.6%
Kongsberg Gruppen ASA
0.5%
Caixabank
0.5%
Rheinmetall AG
0.5%
Swiss Life Holding
0.5%
Sonova Holding AG
0.5%
Aena S.M.E. S.A.
0.5%
Erste Group Bank AG
0.5%
Intercontinental Hotels Group
0.5%
Partners Group Holding
0.5%
Ferrovial Sa
0.4%
AerCap Holdings NV
0.4%
HeidelbergCement AG
0.4%
Fresenius SE & Co. KGaA
0.4%
Publicis Groupe SA
0.3%
Sgs Sa
0.3%
Commerzbank AG
0.3%
Coca‑Cola Europacific Partners Plc
0.3%
Next plc.
0.3%
BT Group
0.3%
Kerry Group Plc
0.3%
Koninklijke Philips N.V.
0.3%
Euronext N.V.
0.3%
NN Group NV
0.3%
ACS, Actividades de Construccion Y Servicios, S.A.
0.3%
Baloise Holding AG
0.3%
Marks and Spencer Group
0.3%
Covestro AG
0.2%
Orkla
0.2%
Hannover Ruck SE
0.2%
Leonardo S.p.A.
0.2%
Unipol Gruppo S.p.A.
0.2%
Addtech AB
0.2%
Alstom
0.2%
Auto Trader Group Plc
0.2%
GEA Group AG
0.2%
Zealand Pharma A/S.
0.2%
Alfa Laval AB
0.2%
Roche Holding AG
0.2%
Telia Company AB
0.2%
Banco de Sabadell, S.A.
0.2%
EQT AB
0.2%
Tryg AS
0.2%
Lifco AB (publ)
0.2%
Lotus Bakeries
0.2%
Unibail‑Rodamco‑Westfield
0.2%
Wartsila Oyj Abp
0.2%
Helvetia Holding AG
0.2%
Accor
0.2%
Galderma Group Ag
0.2%
Poste Italiane S.p.a
0.2%
Schindler Holding AG
0.2%
Scout24 SE
0.2%
BPER Banca S.p.A
0.1%
Delivery Hero SE
0.1%
Kesko Oyj
0.1%
Mediobanca ‑ Banca Di Credito Finanziario Spa
0.1%
CTS Eventim AG & Co KGAA
0.1%
Hargreaves Lansdown Plc
0.1%
LEG Immobilien SE
0.1%
Tele2 AB
0.1%
Kingfisher Plc
0.1%
Nemetschek SE
0.1%
Saab Ab‑B
0.1%
Securitas AB
0.1%
Swedish Orphan Biovitrum AB
0.1%
Sodexo
0.1%
Fastighets AB Balder
0.1%
Rational AG
0.1%
Rockwool AS
0.1%
Inpost S.A
0.1%
Recordati Industria Chimica e Farmaceutica SpA
< 0.1%
D’Ieteren NV
< 0.1%
Industrivarden AB
< 0.1%
Investment AB Latour
< 0.1%
Others
0.5%
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