iShares Edge MSCI Europe Value Factor

Undervalued European companies

(IEFV)
£7.19
Previous business day’s close price
+£1.97 (+37.64%)
max available period
£5.08
£7.66

04 Jan 21
20 Nov 24

Details

ETF description

This ETF is designed to invest in European companies that are considered undervalued compared to their peers. It focuses on firms that have strong fundamentals but may be trading at lower prices relative to their earnings or other financial metrics. By targeting these so‑called ‘value’ stocks, the ETF aims to provide exposure to businesses that have the potential for price appreciation as the market recognizes their true worth over time.

Investors who are interested in long‑term growth and are willing to take on some risk might find this ETF appealing. It can attract those who believe that undervalued companies may offer attractive investment opportunities. The ETF covers a variety of sectors across the European market, allowing investors to benefit from a broad range of companies that meet the value criteria.

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 Value Factor index provides targeted exposure to large and mid‑cap European stocks identified as undervalued based on value factors such as price‑to‑earnings and price‑to‑book ratios. It is designed to capture potential long‑term returns from undervalued companies in Europe, offering a value‑oriented approach to investing within the region.

ETF Breakdown

British American Tobacco Plc
5.4%
Novartis AG
4.5%
Sanofi
4.3%
Siemens AG
3.3%
HSBC Holdings plc
2.6%
Nokia
2.2%
GSK Plc
1.9%
Shell Plc
1.9%
Compagnie de Saint‑Gobain S.A.
1.9%
Fiat Chrysler Automobiles NV
1.8%
Infineon Technologies AG
1.8%
Banco Santander S.A.
1.7%
Mercedes‑Benz Group AG
1.7%
Bayer AG
1.7%
Telefonaktiebolaget L M Ericsson
1.6%
Vinci
1.6%
Imperial Brands Plc
1.5%
Barclays
1.4%
BNP Paribas
1.4%
Unicredit Spa
1.3%
Tesco plc
1.3%
Koninklijke Ahold Delhaize N.V.
1.3%
Deutsche Post AG
1.2%
Rio Tinto plc
1.2%
TotalEnergies SE
1.2%
Volkswagen AG
1.2%
Vodafone Group plc
1.1%
Deutsche Bank AG
1.0%
Enel Spa
1.0%
Volvo AB
1.0%
ST Microelectronics
1.0%
AerCap Holdings NV
1.0%
Capgemini
1.0%
Fresenius SE & Co. KGaA
1.0%
Siemens Energy AG
1.0%
Daimler Truck Holding AG
0.9%
Intesa Sanpaolo Spa
0.9%
Lloyds Banking Group plc
0.9%
Glencore plc
0.9%
Banco Bilbao Vizcaya Argentaria.
0.9%
ING Groep N.V.
0.8%
Holcim Ltd
0.8%
Societe Generale S.A.
0.8%
Standard Chartered plc
0.8%
BP plc
0.8%
Engie Energia Chile S.A.
0.7%
Basf SE
0.7%
NatWest Group
0.7%
Koninklijke Philips N.V.
0.6%
Sandoz Group Ag Chf 0.05
0.6%
Anglo American plc
0.6%
ArcelorMittal
0.6%
National Grid Plc
0.6%
Carrefour
0.6%
RWE AG
0.6%
3i Group plc
0.6%
Haleon plc
0.5%
Eni Spa
0.5%
BT Group
0.5%
Orange.
0.5%
Renault S.A.
0.5%
Commerzbank AG
0.5%
Compagnie Generale des Etablissements Michelin SCA
0.5%
HeidelbergCement AG
0.5%
Repsol S.A
0.4%
Fresenius Medical Care AG & Co. KGaA
0.4%
Merck KGAA
0.4%
Porsche Automobil Holding SE
0.4%
Telefonica S.A
0.4%
Alstom
0.4%
NN Group NV
0.4%
J Sainsbury
0.4%
E.ON
0.4%
ACS, Actividades de Construccion Y Servicios, S.A.
0.3%
Associated British Foods plc
0.3%
Caixabank
0.3%
Credit Agricole S.A.
0.3%
Prysmian S.p.A
0.3%
A.P. Moller ‑ Maersk AS
0.3%
Bouygues
0.3%
Erste Group Bank AG
0.3%
Klepierre
0.3%
Unibail‑Rodamco‑Westfield
0.3%
Eiffage
0.3%
Danske Bank AS
0.3%
Teleperformance
0.3%
Deutsche Lufthansa AG
0.3%
Leonardo S.p.A.
0.3%
Henkel AG & Co. KGAA
0.2%
Vivendi SE
0.2%
Brenntag SE
0.2%
Skanska AB
0.2%
DCC Plc
0.2%
Dassault Aviation
0.2%
Securitas AB
0.2%
AB SKF
0.2%
Continental AG
0.2%
Kingfisher Plc
0.2%
Svenska Handelsbanken
0.2%
WPP Plc.
0.2%
Adecco Group AG
0.2%
Centrica plc
0.2%
Land Securities Group
0.2%
ABN AMRO Bank N.V.
0.2%
Bank of Ireland Group Plc
0.2%
Bayerische Motoren Werke AG
0.2%
Randstad NV
0.2%
AIB Group Plc
0.1%
Blk Ics Eur Liq Fund Agen Acc T0
0.1%
Smith & Nephew plc
0.1%
Taylor Wimpey
0.1%
Ageas
0.1%
Banco BPM S.p.A
0.1%
Barratt Developments plc
0.1%
Grifols SA
0.1%
Norsk Hydro
0.1%
Rexel
0.1%
Aegon Limited Eur 0.12
0.1%
Ipsen
0.1%
Banco de Sabadell, S.A.
0.1%
Boliden Ab
0.1%
EDP‑Energias DE Portugal S.A.
0.1%
EXOR
0.1%
Persimmon plc
0.1%
Stora Enso Oyj
0.1%
Syensqo Ord Shs
0.1%
Arkema
0.1%
Hikma Pharmaceuticals Plc
0.1%
OMV AG
0.1%
Snam S.p.A.
0.1%
Yara International ASA.
0.1%
Evonik Industries AG
0.1%
JDE Peet`s N.V.
0.1%
Mediobanca ‑ Banca Di Credito Finanziario Spa
0.1%
Mondi Plc
< 0.1%
Swatch Group AG
< 0.1%
Telecom Italia S.p.A.
< 0.1%
Bollore SE
< 0.1%
Industrivarden AB
< 0.1%
Voestalpine AG
< 0.1%
Fortum Oyj
< 0.1%
Covivio S.A
< 0.1%
Eurazeo
< 0.1%
Nexi S.p.A.
< 0.1%
Acciona
< 0.1%
Volvo Car Ab‑B
< 0.1%
Others
0.7%
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