Spdr Euro Stoxx Etf Profile
| FEZ Etf | USD 51.59 0.92 1.82% |
Performance10 of 100
| Odds Of DistressLess than 31
|
SPDR EURO is trading at 51.59 as of the 23rd of April 2024; that is 1.82 percent increase since the beginning of the trading day. The etf's open price was 50.67. SPDR EURO has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for SPDR EURO STOXX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Euro Stoxx is traded on NYSEARCA Exchange in the United States. More on SPDR EURO STOXX
Moving together with SPDR Etf
| 0.98 | VGK | Vanguard FTSE Europe | PairCorr |
| 1.0 | EZU | iShares MSCI Eurozone Low Volatility | PairCorr |
| 0.99 | BBEU | JPMorgan BetaBuilders Low Volatility | PairCorr |
| 0.98 | IEUR | iShares Core MSCI | PairCorr |
| 0.99 | IEV | iShares Europe ETF | PairCorr |
| 0.98 | HEDJ | WisdomTree Europe Hedged | PairCorr |
SPDR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR EURO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR EURO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Frank Nesvet |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Europe Stock, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2002-10-15 |
| Benchmark | EURO STOXX 50 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.46 Billion |
| Average Trading Valume | 1.45 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | Europe |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Mark Krivitsky |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 53.0 |
| Market Maker | Jane Street |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 5.03 |
| Name | SPDR EURO STOXX 50 ETF |
| Currency Code | USD |
| Open Figi | BBG000PG8230 |
| 200 Day M A | 46.46 |
| 50 Day M A | 51.0808 |
| Code | FEZ |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
| In Threey Volatility | 21.4 |
SPDR EURO STOXX [FEZ] is traded in USA and was established 2002-10-15. The fund is classified under Europe Stock category within SPDR State Street Global Advisors family. The entity is thematically classified as Large Cap ETFs. SPDR EURO STOXX currently have 1.46 B in assets under management (AUM). , while the total return for the last 3 years was 5.2%.
Check SPDR EURO Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR EURO STOXX Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR EURO STOXX Currency Exposure
SPDR EURO STOXX holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR EURO will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR EURO STOXX.
Top SPDR EURO STOXX Etf Constituents
| DHL | Deutsche Post AG | Stock | DE Stock |
| SAN | Sanofi SA | Stock | Drug Manufacturers—General |
| INGA | ING Groep NV | Stock | Financials |
| KER | Kering SA | Stock | Footwear & Accessories |
| BNP | BNP Paribas SA | Stock | Banks—Regional |
| SAP | SAP SE | Stock | Software-Application |
| BAS | BASF SE | Stock | Chemicals |
SPDR EURO Target Price Odds Analysis
Based on a normal probability distribution, the odds of SPDR EURO jumping above the current price in 90 days from now is about 23.15%. The SPDR EURO STOXX probability density function shows the probability of SPDR EURO etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.0157. This usually indicates SPDR EURO STOXX market returns are sensitive to returns on the market. As the market goes up or down, SPDR EURO is expected to follow. Additionally, sPDR EURO STOXX has an alpha of 0.0476, implying that it can generate a 0.0476 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of SPDR EURO to move above the current price in 90 days from now is about 23.15 (This SPDR EURO STOXX probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR EURO Top Holders
| ETFOX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation |
| ETFAX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation |
| AAANX | Horizon Active Asset | Mutual Fund | Tactical Allocation |
| ACRIX | Horizon Active Risk | Mutual Fund | Tactical Allocation |
| ARAAX | Horizon Active Risk | Mutual Fund | Tactical Allocation |
| ARANX | Horizon Active Risk | Mutual Fund | Tactical Allocation |
| DMLAX | Doubleline Multi Asset Growth | Mutual Fund | Tactical Allocation |
SPDR EURO STOXX Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR EURO market risk premium is the additional return an investor will receive from holding SPDR EURO long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR EURO. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR EURO's alpha and beta are two of the key measurements used to evaluate SPDR EURO's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1069 | |||
| Jensen Alpha | 0.0476 | |||
| Total Risk Alpha | 0.0234 | |||
| Sortino Ratio | 0.058 |
SPDR EURO Against Markets
Picking the right benchmark for SPDR EURO etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR EURO etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR EURO is critical whether you are bullish or bearish towards SPDR EURO STOXX at a given time. Please also check how SPDR EURO's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SPDR EURO without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Positions Ratings Now
Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy SPDR Etf?
Before investing in SPDR EURO, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR EURO. To buy SPDR EURO etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR EURO. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR EURO etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR EURO STOXX etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SPDR EURO STOXX etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR EURO STOXX, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR EURO guide.
Already Invested in SPDR EURO STOXX?
The danger of trading SPDR EURO STOXX is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR EURO is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR EURO. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR EURO STOXX is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR EURO STOXX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR EURO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Euro Stoxx Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Euro Stoxx Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR EURO STOXX. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the SPDR EURO STOXX information on this page should be used as a complementary analysis to other SPDR EURO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of SPDR EURO STOXX is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR EURO's value that differs from its market value or its book value, called intrinsic value, which is SPDR EURO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR EURO's market value can be influenced by many factors that don't directly affect SPDR EURO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR EURO's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR EURO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR EURO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.