Invesco STOXX Europe 600 Optimised Banks

European banks

(X7PP)

£94.45

Previous business day’s close price

+£50.34 (+114.12%)

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£42.20

£95.50

04 Jan 21

11 Dec 24

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

Banco Santander S.A.

7.7%

HSBC Holdings plc

7.6%

BNP Paribas

6.7%

Unicredit Spa

6.6%

Intesa Sanpaolo Spa

6.5%

Banco Bilbao Vizcaya Argentaria.

5.7%

ING Groep N.V.

5.4%

Barclays

5.2%

Nordea Bank Abp

4.2%

Lloyds Banking Group plc

3.9%

NatWest Group

3.7%

Deutsche Bank AG

3.5%

Standard Chartered plc

2.8%

Societe Generale S.A.

2.3%

Caixabank

2.1%

Erste Group Bank AG

1.8%

KBC Group SA NV

1.7%

Credit Agricole S.A.

1.6%

Commerzbank AG

1.6%

Svenska Handelsbanken

1.5%

Swedbank AB

1.3%

Danske Bank AS

1.2%

Banco BPM S.p.A

1.2%

Skandinaviska Enskilda Banken

1.2%

Powszechna Kasa Oszczednosci Bank Polski SA

1.1%

Banco de Sabadell, S.A.

1.1%

DNB Bank ASA

1.0%

AIB Group Plc

1.0%

FinecoBank Banca Fineco

1.0%

Bank of Ireland Group Plc

0.9%

ABN AMRO Bank N.V.

0.8%

Bawag Group AG

0.7%

Bank Polska Kasa Opieki SA

0.6%

BPER Banca S.p.A

0.6%

Banca Monte dei Paschi di Siena SpA

0.6%

Bankinter SA

0.5%

Banco Comercial Portugues, S.A.

0.5%

Jyske Bank AS

0.3%

Santander Bank Polska SA

0.3%

Banca Popolare di Sondrio S.p.A

0.3%

Raiffeisen Bank International AG

0.3%

Investec plc

0.2%

Sydbank

0.2%

Banque Cantonale Vaudoise.

0.2%

Cembra Money Bank AG

0.2%

Ringkjobing Landbobank

0.1%

Others

< 0.1%

£94.45

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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.