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The Fund aims to track the performance of STOXX Europe 600 Index (the "Index"), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index. The STOXX Europe 600 Index provides exposure to the performance of the 600 most liquid large, mid and small caps stocks covering developed markets in Europe.
View fundThe iShares Core DAX UCITS ETF (DE) EUR (Dist) (the 'Fund') is a unit class of the iShares Core DAX UCITS ETF (DE) (the 'Fund') which is a passively managed exchange traded fund (ETF) that aims to track the performance of the Core DAX® (Performance Index) as closely as possible. The Index measures the performance of the 40 most traded and by free float market capitalisation largest German stocks listed on the Prime Standard segment of the Frankfurt Stock Exchange. The components are weighted by free float market capitalisation with a cap of 10%. Free float market capitalisation is the market value of a company's readily available outstanding shares. The index composition is reviewed annually and rebalanced quarterly, along with extraordinary reviews as needed. The Fund mainly invests in equities in order to achieve its investment objective.
View fundKey takeaways
These funds track different benchmarks: €EXIC follows the DAX, which includes 40 of the largest companies in Germany, while £MEUD tracks the STOXX Europe 600, comprising 600 of the largest companies in Europe.
The ETFs also differ in currency, fund charges, distribution policy, and fund size. Both trade on their respective exchanges: €EXIC on Deutsche Börse Xetra and £MEUD on the London Stock Exchange.
Fund highlights
Fund name | Amundi STOXX Europe 600 | iShares Core DAX |
|---|---|---|
GBP | EUR | |
EUR | EUR | |
| Accumulating | Distributing | |
Fund size | £6.6B | €72M |
| 1.12 | - | |
Last price | £265.05 | €7.09 |
| 0.07% | 0.16% | |
Fund manager | Amundi Luxembourg | BlackRock |
Benchmark | STOXX Europe 600 | DAX |
Risk | ||
Ticker | £MEUD | €EXIC |
Primary listing | LSE | XETRA |
Documents |
Market data provided by CBOE Europe and Deutsche Börse.
Performance
CumulativeRolling yearsLump sum investment
Sector exposure
ChartTable
£MEUD
€EXIC
Top holdings
ASML Holding
3.56%
AstraZeneca
2.17%
Novartis AG
2.05%
Roche Holding
1.99%
HSBC Holdings
1.98%
Shell
1.92%
Nestlé S.A.
1.81%
TotalEnergies SE
1.46%
Siemens
1.28%
Other
81.78%
SAP
11.62%
Siemens
11.41%
Allianz
9.39%
Airbus
6.58%
Siemens Energy
6.55%
Deutsche Telekom
5.09%
Münchener Rück
3.97%
Infineon
3.94%
Deutsche Boerse
3.27%
Other
38.18%
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