Invesco EURO STOXX Optimised Banks UCITS ETF

ISIN IE00B3Q19T94

 | 

WKN A1JFG7

TER
0.30% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
188 m
 

Overview

Trade this ETF at your broker

Choose your broker
Ad
Broker tip: Trade this ETF for 0.00€ per Order at the Scalable broker or for free in a savings plan. Find out more

Description

The Invesco EURO STOXX Optimised Banks UCITS ETF seeks to track the EURO STOXX® Optimised Banks index. The EURO STOXX® Optimised Banks index tracks a selection of highly liquid banks within the eurozone banking sector (ICB classification; Supersector).
 
The ETF's TER (total expense ratio) amounts to 0.30% p.a.. The Invesco EURO STOXX Optimised Banks UCITS ETF is the only ETF that tracks the EURO STOXX® Optimised Banks index. The ETF replicates the performance of the underlying index synthetically with a swap. The dividends in the ETF are accumulated and reinvested in the ETF.
 
The Invesco EURO STOXX Optimised Banks UCITS ETF has 188m Euro assets under management. The ETF was launched on 11 April 2011 and is domiciled in Ireland.
Show more Show less

Chart

Basics

Data

Fund size
EUR 188 m
Total expense ratio
0.30% p.a.
Replication Synthetic (Unfunded swap)
Legal structure ETF
Strategy risk Long-only
Fund currency EUR
Currency risk Currency unhedged
Volatility 1 year (in EUR)
16.56%
Inception/ Listing Date 11 April 2011
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider Invesco
Tax data Bundesanzeiger
Germany 30% tax rebate
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Indextype Total return index
Swap counterparty BofA Merrill Lynch|Goldman Sachs|J.P. Morgan|Morgan Stanley|Nomura
Collateral manager
Securities lending No
Securities lending counterparty

Similar ETFs

This section provides you with information on other ETFs with a similar investment focus to the Invesco EURO STOXX Optimised Banks UCITS ETF.
Similar ETFs via ETF search
Similar ETFs via investment guides
How do you like our new ETF profile? Here you'll find our Questionnaire.

ETF Savings plan offers

Here you can find information about the savings plan availability of the ETF. You can use the table to compare all savings plan offers for the selected savings rate.
 
Broker Rating Savings plan offer Brokerage fee More information
free of charge
free of charge
More info
free of charge
free of charge
More info
free of charge
free of charge
More info
free of charge
free of charge
More info
free of charge
free of charge
More info
Show all offers

Performance

Returns overview

YTD +17.23%
1 month +13.02%
3 months +16.74%
6 months +26.91%
1 year +48.68%
3 years +78.47%
5 years +76.39%
Since inception (MAX) +28.03%
2023 +29.21%
2022 +0.32%
2021 +40.12%
2020 -23.40%

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
Show more Show less

Risk overview

Volatility 1 year 16.56%
Volatility 3 years 26.07%
Volatility 5 years 31.72%
Return per risk 1 year 2.93
Return per risk 3 years 0.82
Return per risk 5 years 0.38
Maximum drawdown 1 year -8.53%
Maximum drawdown 3 years -35.46%
Maximum drawdown 5 years -52.08%
Maximum drawdown since inception -65.39%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
gettex EUR S7XE -
-
-
-
-
Stuttgart Stock Exchange EUR S7XE -
-
-
-
-
London Stock Exchange GBX S7XP S7XP LN
S7XEIN
S7XP.L
S7XEIN.DE
Commerzbank
Virtu Financial
London Stock Exchange GBP - S7XP LN
S7XEIN
S7XP.L
S7XEIN.DE
Commerzbank
Virtu Financial
SIX Swiss Exchange EUR S7XE S7XE SW
S7XEIN
S7XE.S
S7XEIN.DE
Commerzbank
Virtu Financial
XETRA EUR S7XE S7XE GY
S7XEIN
S7XE.DE
S7XEIN.DE
Commerzbank
Virtu Financial

Further information

Further ETFs with similar investment focus

Fund name Fund Size in m € (AuM) TER
in % p.a.
Distribution policy Replication method
iShares STOXX Europe 600 Banks UCITS ETF (DE) 1,391 0.47% p.a. Distributing Full replication
Amundi Euro Stoxx Banks UCITS ETF Acc 1,077 0.30% p.a. Accumulating Full replication
iShares EURO STOXX Banks 30-15 UCITS ETF (DE) 927 0.52% p.a. Distributing Full replication
Lyxor STOXX Europe 600 Banks UCITS ETF - Acc 595 0.30% p.a. Accumulating Swap-based
iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) 420 0.18% p.a. Accumulating Full replication

Frequently asked questions

What is the name of S7XE?

The name of S7XE is Invesco EURO STOXX Optimised Banks UCITS ETF.

What is the ticker of Invesco EURO STOXX Optimised Banks UCITS ETF?

The primary ticker of Invesco EURO STOXX Optimised Banks UCITS ETF is S7XE.

What is the ISIN of Invesco EURO STOXX Optimised Banks UCITS ETF?

The ISIN of Invesco EURO STOXX Optimised Banks UCITS ETF is IE00B3Q19T94.

What are the costs of Invesco EURO STOXX Optimised Banks UCITS ETF?

The total expense ratio (TER) of Invesco EURO STOXX Optimised Banks UCITS ETF amounts to 0.30% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

Is Invesco EURO STOXX Optimised Banks UCITS ETF paying dividends?

Invesco EURO STOXX Optimised Banks UCITS ETF is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.

What's the fund size of Invesco EURO STOXX Optimised Banks UCITS ETF?

The fund size of Invesco EURO STOXX Optimised Banks UCITS ETF is 188m Euro. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.