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MEWD

64.099998 EUR
0.03
0.05%
Last update Jun 9, 8:31 AM CEST
Market closed
Day range
64.099998
64.099998
Previous close
64.070000
Open
64.099998
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Invesco Europe Equal Weight Equity ETF
64.10
0.03
0.05%

Overview

Description

Invesco Europe Equal Weight Equity ETF is a specialized exchange-traded fund designed to track the performance of European equities. This ETF utilizes an equal-weight strategy, providing diversified exposure across a balanced portfolio of European companies. Unlike market-weighted funds that concentrate on larger, often more volatile firms, an equal-weight approach provides each constituent an equal allocation, promoting stability and diversification benefits. Targeted towards investors seeking access to the European market, MEWD encompasses sectors such as healthcare, financials, consumer goods, and energy, providing broad industry exposure. It helps mitigate concentration risk and smooth out performance fluctuations tied to individual stock movements. The Invesco Europe Equal Weight Equity ETF is significant as it offers a strategic opportunity for investors to gain balanced exposure to European markets, aligning with both growth and value-seeking objectives.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XMUN
Market closed

Exchange is currently closed
Main market opens in 1 hour 3 minutes

06:56
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).