PBEUPortfolio Building Block European Banks Index ETF

Grow my moneyNewRanked #549 of 2,998 in this goal

Tracks the performance of the BITA European Banks Index.

By Portfolio Building Block ETFs · Launched 2025

Annual Cost

0.13%

#505 of 5,861 · low cost

Fund Size

$594M

#1,458 of 5,861 · large

Return (1Y)Goal

N/A

Track Record

9 months

#4,917 of 5,861 · young

Performance

Total-return NAV · USD

Growth of $10,000

$13,349+33.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Europe

Cap

Multi cap

Strategy

Index tracking

Sector

Financials

Index tracked

BITA European Banks Index

What it actually holds

By weight

Concentration

Top 10 holdings = 62.6% of fundconcentrated

HSBC HOLDINGS PLC

14.4%

BANCO SANTANDER SA

9.0%

BANCO BILBAO VIZCAYA ARGENTA

6.9%

UNICREDIT SPA

5.9%

BNP PARIBAS

5.1%

BANCA INTESA S.P.A.

4.7%

BARCLAYS PLC

4.5%

ING GROEP NV

4.3%

LLOYDS BANKING GROUP PLC

4.3%

NATWEST GROUP PLC

3.5%

Asset allocation

Stocks

99.6%

Cash

0.4%

By sector

Financial Services

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-17.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Tracks the performance of the BITA European Banks Index.
Strategy: Uses a passive management approach to track the BITA European Banks Index, investing at least 80% of net assets in companies in the banking industry with a market capitalization of at least $2 billion, listed on major stock exchanges in developed European markets.
Inception date: November 25, 2025
Fund family: Portfolio Building Block ETFs