iShares Edge MSCI Europe Value Factor

Undervalued European companies

(IEFV)
£7.38
Previous business day’s close price
+£2.16 (+41.41%)
max available period
£5.08
£7.66

04 Jan 21
13 Dec 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
5.0%
Novartis AG
4.1%
Sanofi
3.9%
Siemens AG
3.4%
HSBC Holdings plc
2.7%
GSK Plc
2.1%
Fiat Chrysler Automobiles NV
2.0%
Infineon Technologies AG
1.9%
Mercedes‑Benz Group AG
1.9%
Compagnie de Saint‑Gobain S.A.
1.8%
Nokia
1.8%
Banco Santander S.A.
1.8%
TotalEnergies SE
1.8%
Vinci
1.7%
Vodafone Group plc
1.5%
BNP Paribas
1.4%
Barclays
1.4%
Bayer AG
1.4%
Volkswagen AG
1.4%
Deutsche Post AG
1.3%
BP plc
1.3%
Imperial Brands Plc
1.3%
Telefonaktiebolaget L M Ericsson
1.3%
Koninklijke Ahold Delhaize N.V.
1.2%
Rio Tinto plc
1.2%
Tesco plc
1.1%
ST Microelectronics
1.1%
Deutsche Bank AG
1.1%
Volvo AB
1.1%
AerCap Holdings NV
1.1%
Unicredit Spa
1.1%
Banco Bilbao Vizcaya Argentaria.
1.0%
Capgemini
1.0%
Siemens Energy AG
1.0%
Enel Spa
0.9%
Fresenius SE & Co. KGaA
0.9%
Daimler Truck Holding AG
0.8%
Lloyds Banking Group plc
0.8%
Glencore plc
0.8%
ING Groep N.V.
0.8%
Intesa Sanpaolo Spa
0.8%
Societe Generale S.A.
0.8%
Engie Energia Chile S.A.
0.8%
Basf SE
0.7%
Holcim Ltd
0.7%
National Grid Plc
0.7%
Standard Chartered plc
0.7%
Orange.
0.7%
Eni Spa
0.7%
NatWest Group
0.7%
Repsol S.A
0.7%
3i Group plc
0.7%
BT Group
0.6%
ArcelorMittal
0.6%
Compagnie Generale des Etablissements Michelin SCA
0.6%
Renault S.A.
0.6%
Koninklijke Philips N.V.
0.6%
RWE AG
0.6%
Anglo American plc
0.6%
Carrefour
0.5%
Fresenius Medical Care AG & Co. KGaA
0.5%
HeidelbergCement AG
0.5%
Telefonica S.A
0.5%
Sandoz Group Ag Chf 0.05
0.5%
Porsche Automobil Holding SE
0.5%
Merck KGAA
0.4%
Alstom
0.4%
A.P. Moller ‑ Maersk AS
0.4%
Centrica plc
0.4%
Commerzbank AG
0.4%
E.ON
0.4%
NN Group NV
0.4%
Eiffage
0.3%
Prysmian S.p.A
0.3%
J Sainsbury
0.3%
ACS, Actividades de Construccion Y Servicios, S.A.
0.3%
Leonardo S.p.A.
0.3%
Associated British Foods plc
0.3%
Unibail‑Rodamco‑Westfield
0.3%
Caixabank
0.3%
Credit Agricole S.A.
0.3%
Danske Bank AS
0.3%
Deutsche Lufthansa AG
0.3%
Erste Group Bank AG
0.3%
Klepierre
0.3%
Continental AG
0.3%
DCC Plc
0.3%
Vivendi SE
0.3%
Teleperformance
0.3%
WPP Plc.
0.3%
AB SKF
0.3%
Brenntag SE
0.3%
Skanska AB
0.3%
Henkel AG & Co. KGAA
0.2%
Securitas AB
0.2%
Bayerische Motoren Werke AG
0.2%
Smith & Nephew plc
0.2%
Banco de Sabadell, S.A.
0.2%
Kingfisher Plc
0.2%
Banco BPM S.p.A
0.2%
Bank of Ireland Group Plc
0.2%
ABN AMRO Bank N.V.
0.2%
Adecco Group AG
0.2%
Rexel
0.2%
Svenska Handelsbanken
0.2%
AIB Group Plc
0.2%
Land Securities Group
0.2%
Randstad NV
0.2%
Barratt Developments plc
0.2%
Norsk Hydro
0.2%
Aegon Limited Eur 0.12
0.1%
OMV AG
0.1%
Taylor Wimpey
0.1%
Ageas
0.1%
Boliden Ab
0.1%
EDP‑Energias DE Portugal S.A.
0.1%
EXOR
0.1%
Hikma Pharmaceuticals Plc
0.1%
Ipsen
0.1%
Trelleborg AB
0.1%
Syensqo Ord Shs
0.1%
Telecom Italia S.p.A.
0.1%
Yara International ASA.
0.1%
Arkema
0.1%
Grifols SA
0.1%
Stora Enso Oyj
0.1%
Bollore SE
0.1%
Mondi Plc
0.1%
Fortum Oyj
< 0.1%
Industrivarden AB
< 0.1%
JDE Peet`s N.V.
< 0.1%
Marks and Spencer Group
< 0.1%
Mediobanca ‑ Banca Di Credito Finanziario Spa
< 0.1%
Mowi ASA
< 0.1%
BPER Banca S.p.A
< 0.1%
Covivio S.A
< 0.1%
Eurofins Scientific S.E.
< 0.1%
Evonik Industries AG
< 0.1%
Heineken Holdings
< 0.1%
Eurazeo
< 0.1%
Nexi S.p.A.
< 0.1%
Acciona
< 0.1%
Bechtle AG
< 0.1%
Unipol Gruppo S.p.A.
< 0.1%
Endeavour Mining Plc
< 0.1%
Others
1.1%
£7.38
Previous business day’s close price

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