iShares Europe Developed Real Estate ETF (IFEU)
iShares Europe Developed Real Estate ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $35.08, up 7.21% on the session, giving a market capitalisation of $22.1M. Its beta of 0.85 implies it has historically moved less than the broad market.
This fund aims to replicate the investment outcomes of the FTSE EPRA/NAREIT Developed Europe Index, which is comprised of publicly traded real estate companies operating in advanced European markets. Typically, the ETF allocates at least 90% of its capital to the constituent securities of this underlying index, or to other financial instruments with largely equivalent economic attributes. The benchmark itself assesses the performance of firms primarily engaged in the ownership and development of properties within developed European real estate sectors, as categorized by FTSE EPRA/NAREIT. It is important to note that this fund is non-diversified.
iShares Europe Developed Real Estate ETF is most often compared with the following Financial Services names: