iShares EURO STOXX Banks 30-15 UCITS ETF (DE) EUR (Acc)

The iShares EURO STOXX Banks 30-15 UCITS ETF is a financial instrument designed to track the performance of the EURO STOXX Banks 30-15 Index, which focuses on the eurozone banking sector. Its primary function is to provide investors with exposure to a diversified portfolio of European banks, offering a convenient way to tap into the financial services sector. The ETF employs a full replication strategy, meaning it invests in all the constituents of the underlying index, ensuring a close correlation with its performance. It is particularly notable for capping the weight of its largest and second-largest holdings at 30% and 15%, respectively, to maintain a balanced portfolio. By tracking this specific index, the ETF plays a significant role in allowing investors to gain insight into and participate in the trends and performance of major European banks.