Invesco STOXX Europe 600 Optimised Banks

European banks

(X7PP)

£99.97

Previous business day’s close price

+£55.86 (+126.64%)

max available period

£42.20

£99.97

04 Jan 21

14 Jan 25

Details

ETF description

This ETF aims to replicate the performance of the STOXX Europe 600 Optimised Banks index which provides exposure to highly liquid banks within the European banking sector (ICB classification; supersector). This index is particularly suitable for those looking to invest in the European banking sector with an emphasis on liquidity and relevance, ensuring a high‑quality investment within this key financial sector.

Issuer details

Invesco is one of the world’s largest ETF providers with over US$680 billion globally in ETF assets under management (as at 31 March 2024). It offers over 140 EMEA ETFs spanning regions and strategies across equities, fixed income and commodities.

Its culture of innovation lets it find new opportunities for investors, as well as ways to improve the performance of core ETF exposures.

Index details

The STOXX Europe 600 Optimised Banks index provides investors with a specialized and optimized exposure to the banking sector within the STOXX Europe 600. By focusing solely on European banks and using an optimized methodology to enhance liquidity and sector representation, this index offers a highly targeted investment opportunity. Investors can utilize funds and ETFs tracking this index to gain concentrated exposure to the leading banks across Europe, benefiting from both sector‑specific growth potential and geographic diversification.

This ETF is in collections:

Thematics

Financial

Key information

Key investor information

ETF Breakdown

HSBC Holdings plc

7.9%

Banco Santander S.A.

7.4%

BNP Paribas

6.8%

Unicredit Spa

6.5%

Intesa Sanpaolo Spa

6.2%

Banco Bilbao Vizcaya Argentaria.

5.9%

ING Groep N.V.

5.3%

Barclays

4.6%

Nordea Bank Abp

4.0%

NatWest Group

3.9%

Lloyds Banking Group plc

3.8%

Deutsche Bank AG

3.6%

Standard Chartered plc

2.5%

Societe Generale S.A.

2.4%

Erste Group Bank AG

2.1%

Caixabank

2.0%

KBC Group SA NV

1.8%

Commerzbank AG

1.8%

Credit Agricole S.A.

1.6%

Svenska Handelsbanken

1.5%

Skandinaviska Enskilda Banken

1.5%

Swedbank AB

1.4%

Powszechna Kasa Oszczednosci Bank Polski SA

1.3%

Danske Bank AS

1.2%

Banco BPM S.p.A

1.1%

FinecoBank Banca Fineco

1.1%

Banco de Sabadell, S.A.

1.1%

AIB Group Plc

1.1%

Bank of Ireland Group Plc

0.9%

DNB Bank ASA

0.9%

ABN AMRO Bank N.V.

0.8%

Bawag Group AG

0.7%

Banca Monte dei Paschi di Siena SpA

0.7%

BPER Banca S.p.A

0.7%

Bank Polska Kasa Opieki SA

0.6%

Bankinter SA

0.5%

Santander Bank Polska SA

0.5%

Banco Comercial Portugues, S.A.

0.5%

Banca Popolare di Sondrio S.p.A

0.3%

Jyske Bank AS

0.3%

Raiffeisen Bank International AG

0.3%

Banca Generali

0.3%

Banque Cantonale Vaudoise.

0.2%

Sydbank

0.2%

Investec plc

0.2%

Others

£99.97

Previous business day’s close price

Capital at risk

Why InvestEngine

Unbeatable value

From commission‑free investing, to zero‑ISA fees, we’re proud of our low fees.
Here's how we're able to do it

Choice of 760+ ETFs

Low cost, diversified, index‑tracking of stock markets, bonds and commodities.
Browse investments

Actionable insights

Know exactly which companies, sectors and regions are in your portfolio.

Powerful automation

Grow your wealth the easy way with automated investing features

Easy diversification

Fractional investing lets you put as little as £1 in any ETF.

DIY or Managed

Build and manage your own portfolio or leave it to us.

ETFs have spreads and annual charges and come with risks like market volatility, liquidity, and concentration, and may not always accurately track their index. Past performance and forecasts are not reliable indicators of future results. The value of your investments, including any income, can rise or fall. You may get back less than you originally invested.