If you're interested in broad exposure to the Financials - Broad segment of the equity market, look no further than the iShares MSCI Europe Financials ETF (EUFN Quick QuoteEUFN - Free Report) , a passively managed exchange traded fund launched on January 20, 2010.

An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.

Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Financials - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 7, placing it in top 44%.

Index Details

The fund is sponsored by Blackrock. It has amassed assets over $4.16 billion, making it one of the largest ETFs attempting to match the performance of the Financials - Broad segment of the equity market. EUFN seeks to match the performance of the MSCI Europe Financials Index before fees and expenses.

The MSCI Europe Financials Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe.

Costs

Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.

Annual operating expenses for this ETF are 0.49%, making it on par with most peer products in the space.

It has a 12-month trailing dividend yield of 4.01%.

Sector Exposure and Top Holdings

While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.Looking at individual holdings, Hsbc Holdings Plc (HSBA) accounts for about 9.71% of total assets, followed by Banco Santander (SAN) and Allianz (ALV).

The top 10 holdings account for about 45.26% of total assets under management.

Performance and Risk

The ETF return is roughly 14.12% and is up about 25.86% so far this year and in the past one year (as of 09/23/2026), respectively. EUFN has traded between $32.97 and $43.07 during this last 52-week period.

The ETF has a beta of 0.78 and standard deviation of 18.61% for the trailing three-year period, making it a medium risk choice in the space. With about 96 holdings, it effectively diversifies company-specific risk.

Alternatives

iShares MSCI Europe Financials ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, EUFN is a good option for those seeking exposure to the Financials ETFs area of the market. Investors might also want to consider some other ETF options in the space.

Vanguard Financials Index Fund ETF Shares (VFH) tracks MSCI US Investable Market Financials 25/50 Index and the State Street Financial Select Sector SPDR ETF (XLF) tracks Financial Select Sector Index. Vanguard Financials Index Fund ETF Shares has $12.89 billion in assets, State Street Financial Select Sector SPDR ETF has $51.91 billion. VFH has an expense ratio of 0.09%, and XLF charges 0.08%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.