Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
iShares MSCI Poland ETF (EPOL) - free report >>
ProShares MSCI Europe Dividend Growers ETF (EUDV) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
iShares MSCI Poland ETF (EPOL) - free report >>
ProShares MSCI Europe Dividend Growers ETF (EUDV) - free report >>
Image: Bigstock
5 Europe ETFs at a 52-Week High
Credit Suisse recently upgraded continental European equities to overweight and forecast the group to be a good long-term bet, due to economic recovery, valuations and excess liquidity, as quoted on Reuters.
"European GDP is 5.5% below previous peak, the U.S. is back to previous peak and we now see a potential catch-up in Europe on the basis of the vaccine roll-out (possibly 70% of the adult population by early September), the fiscal boost (2% of GDP) and excess savings (4.5% of GDP)," Andrew Garthwaite said in a note to clients, as quoted on Reuters.
Apart from this, upbeat corporate earnings are other positives. Merger talks in the chip sector helped investors ignore inflation worries in the continent. Plus, the ECB has indicated that it would continue the policy easing program.
Against this backdrop, below we highlight a few Europe ETFs that are hovering around a 52-week high level and calls for optimism.
ETFs in Focus
Global X FTSE Nordic Region ETF – Up 2.23%
The underlying FTSE Nordic 30 Index tracks the performance of the 30 largest and most liquid companies in Sweden, Denmark, Norway and Finland. The fund charges 51 bps in fees.
Denmark iShares MSCI ETF (EDEN - Free Report) – Up 1.97%
The underlying MSCI Denmark IMI 25/50 Index is designed to measure broad-based equity market performance in Denmark. The fund charges 53 bps in fees.
Europe Dividend ProShares (EUDV - Free Report) – Up 1.96%
The underlying MSCI Europe Dividend Masters Index targets companies that are currently members of MSCI Europe and have increased dividend payments each year for at least 10 years.The fund charges 56 bps in fees.
Poland iShares MSCI ETF (EPOL - Free Report) – Up 1.94%
The underlying MSCI Poland IMI 25/50 Index measures the equity market performance in Poland. The fund charges 59 bps in fees.
O's Europe Quality Dividend ETF (OEUR - Free Report) – Up 1.83%
The underlying OShares Europe Quality Dividend Index measures the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in Europe. The fund charges 48 bps in fees.
Want key ETF info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>