Equity

EXV1

iShares STOXX Europe 600 Banks UCITS ETF (DE)

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The Fund invests in a limited number of market sectors. Compared to investments which spread investment risk through investing in a variety of sectors, share price movements may have a greater affect on the overall value of this fund.



All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company
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Performance

Performance

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Distributions

Ex-Date Payable Date Total Distribution
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This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

  2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total Return (%) 26.5 22.6 0.1 0.4 -3.1 11.8 -25.6 14.2 -24.8 39.0
Benchmark (%) 26.9 23.0 0.0 -0.4 -2.8 11.7 -25.4 13.5 -24.4 38.5
  From
31/Mar/2017
To
31/Mar/2018
From
31/Mar/2018
To
31/Mar/2019
From
31/Mar/2019
To
31/Mar/2020
From
31/Mar/2020
To
31/Mar/2021
From
31/Mar/2021
To
31/Mar/2022
Total Return (%)

as of 31/Mar/2022

-0.06 -16.77 -33.75 46.62 10.44
Benchmark (%)

as of 31/Mar/2022

-0.12 -16.86 -33.72 47.11 9.94
  1y 3y 5y 10y Incept.
4.44 -1.03 -3.26 2.95 -2.03
Benchmark (%) 3.76 -1.12 -3.34 2.89 -1.99
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-6.57 -2.11 -12.95 -8.44 4.44 -3.05 -15.27 33.72 -34.97
Benchmark (%) -6.83 -2.28 -13.22 -8.71 3.76 -3.31 -15.63 32.98 -34.40
As of 02 Nov 2005 the index tracked for this fund changed from DJ Stoxx 600 - Banks (4PM GMT Historical Levels) to STOXX® Europe 600 Banks

The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged Share Class Benchmark performance is displayed in EUR.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund as of 20/May/2022 EUR 940,966,938
Fund Launch Date 25/Apr/2001
Fund Base Currency EUR
Asset Class Equity
SFDR Classification Other
Benchmark Index STOXX® Europe 600 Banks
Shares Outstanding as of 20/May/2022 70,935,000
Total Expense Ratio 0.46%
Distribution Frequency Up to 4x per year
Use of Income Distributing
Securities Lending Return as of 31/Dec/2019 0.01 %
Domicile Germany
Product Structure Physical
Rebalance Frequency Quarterly
Methodology Replicated
UCITS Compliant Yes
Issuing Company iShares (DE) I Investmentaktiengesellschaft mit TGV
Fund Manager BlackRock Asset Management Deutschland AG
Administrator State Street Bank GmbH
Custodian State Street Bank GmbH
Fiscal Year End 01 March
Bloomberg Ticker SX7PEX
ISIN DE000A0F5UJ7
Valor 12980110
Creation Price as of 20/May/2022 13.54
Cancellation Price as of 20/May/2022 13.14

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of 19/May/2022 39
Benchmark Level as of 20/May/2022 EUR 354.87
Benchmark Ticker SX7R
P/E Ratio as of 19/May/2022 7.78
P/B Ratio as of 19/May/2022 0.63
12m Trailing Yield as of 19/May/2022 3.24%
3y Beta as of 30/Apr/2022 1.00
Standard Deviation (3y) as of 30/Apr/2022 31.93%

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of 06/May/2022 AAA
MSCI ESG % Coverage as of 06/May/2022 100.00
MSCI ESG Quality Score (0-10) as of 06/May/2022 10.00
MSCI ESG Quality Score - Peer Percentile as of 06/May/2022 100.00
Fund Lipper Global Classification as of 06/May/2022 Equity Sector Financials
Funds in Peer Group as of 06/May/2022 297
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 06/May/2022 3.73
MSCI Weighted Average Carbon Intensity % Coverage as of 06/May/2022 98.09
MSCI Implied Temperature Rise (0-3.0+ °C) as of 06/May/2022 > 1.5° - 2.0° C
MSCI Implied Temperature Rise % Coverage as of 06/May/2022 98.09

What is the Implied Temperature Rise (ITR) metric? Learn what the metric means, how it is calculated, and about the assumptions and limitations for this forward-looking climate-related metric.

Climate change is one of the greatest challenges in human history and will have profound implications for investors. To address climate change, many of the world's major countries have signed the Paris Agreement. The temperature goal of the Paris Agreement is to limit global warming to well below 2°C above pre-industrial levels, and ideally 1.5 °C, which will help us avoid the most severe impacts of climate change.


What is the ITR metric?

The ITR metric is used to provide an indication of alignment to the temperature goal of the Paris Agreement for a company or a portfolio. Scientific consensus suggests that reducing emissions until they reach net zero around mid-century (2050-2070) is how this goal could be met. A net zero emissions economy is one that balances emissions and removals.


How is the ITR metric calculated?

The ITR metric is calculated by looking at the current emissions intensity of companies within the fund's portfolio as well as the potential for those companies to reduce its emissions over time. If emissions in the global economy followed the same trend as the emissions of companies within the fund's portfolio, global temperatures would ultimately rise within this band.


Note, only corporate issuers are covered within the calculation. A summary explanation of MSCI’s methodology and assumptions for its ITR metric can be found here.


Because the ITR metric is calculated in part by considering the potential for a company within the fund’s portfolio to reduce its emissions over time, it is forward-looking and prone to limitations. As a result, BlackRock publishes MSCI’s ITR metric for its funds in temperature range bands. The bands help to underscore the underlying uncertainty in the calculations and the variability of the metric.

Thermometer-style chart of yellow to red temperature bands showing an investment’s position relative to the Paris Agreement temperature goals. Metric data source MSCI

What are the key assumptions and limitations of the ITR metric?

This forward-looking metric is calculated based on a model, which is dependent upon multiple assumptions. Also, there are limitations with the data inputs to the model. Importantly, an ITR metric may vary meaningfully across data providers for a variety of reasons due to methodological choices (e.g., differences in time horizons, the scope(s) of emissions included and portfolio aggregation calculations).

There is not a universally accepted way to calculate an ITR. There is not a universally agreed upon set of inputs for the calculation. At present, availability of input data varies across asset classes and markets. To the extent that data becomes more readily available and more accurate over time, we expect that ITR metric methodologies will evolve and may result in different outputs. Where data is not available, and / or if data changes, the estimation methods vary, particularly those related to a company’s future emissions.


The ITR metric estimates a fund’s alignment with the Paris Agreement temperature goal. However, there is no guarantee that these estimates will be reached. The ITR metric is not a real time estimate and may change over time, therefore it is prone to variance and may not always reflect a current estimate.


The ITR metric is not an indication or estimate of a fund’s performance or risk. Investors should not rely on this metric when making an investment decision and instead should refer to a fund’s prospectus and governing documents. This estimate and the associated information is not intended as a recommendation to invest in any fund, nor is it intended to indicate any correlation between a fund’s ITR metric and its future investment performance.

All data is from MSCI ESG Fund Ratings as of 06/May/2022, based on holdings as of 31/Mar/2022. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of 19/May/2022 0.00%
MSCI - UN Global Compact Violators as of 19/May/2022 0.00%
MSCI - Nuclear Weapons as of 19/May/2022 0.00%
MSCI - Thermal Coal as of 19/May/2022 0.00%
MSCI - Civilian Firearms as of 19/May/2022 0.00%
MSCI - Oil Sands as of 19/May/2022 0.00%
MSCI - Tobacco as of 19/May/2022 0.00%

Business Involvement Coverage as of 19/May/2022 100.00%
Percentage of Fund not covered as of 19/May/2022 0.00%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Ratings

Registered Locations

Registered Locations

  • Austria

  • Belgium

  • Denmark

  • Finland

  • France

  • Germany

  • Italy

  • Luxembourg

  • Mexico

  • Netherlands

  • Norway

  • Singapore

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

Issuer Ticker Name Sector Asset Class Market Value Weight (%) Notional Value Nominal ISIN Price Location Exchange Market Currency
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 19/May/2022

% of Market Value

Type Fund
as of 19/May/2022

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
Allocations are subject to change.

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
Xetra EXV1 EUR 02/Jun/2011 B4L50M3 SX7PEX GY SX7PEX.DE SX7PNAV SX7PNAV.DE DE000A0F5UJ7 A0F5UJ 12980110 62626356 -
Bolsa Mexicana De Valores EXV1 MXN 11/Apr/2022 BDDQF11 SX7PEXN MM SX7PEXN.MX - - DE000A0F5UJ7 - - - -
SIX Swiss Exchange EXV1 EUR 13/May/2015 BW39C78 SX7PEX EXV1.S - - DE000A0F5UJ7 - 12980110 - -

Literature

Literature