IEUR — iShares Core MSCI Europe ETF

IEUR Price Performance — Growth of $10,000

Value of a $10,000 investment in IEUR over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IEUR Drawdown

The "underwater" chart: IEUR's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Core MSCI Europe ETF (IEUR) operates within the International Developed category, where ETFValuer tracks a total of 22 funds. Issued by iShares, this fund holds an overall rank of #179 out of 458 tracked ETFs across all categories and carries an ETFValuer grade of C with a score of 64.3 out of 100. The fund trades at a price of $74.89 and manages assets under management totaling $8.64 billion, indicating significant investor adoption relative to its category peers. It offers an expense ratio of 0.1% and provides a dividend yield of 3.19%, balancing cost efficiency with income generation. The combination of a substantial asset base and a moderate expense ratio suggests the fund is a widely utilized vehicle for accessing European equities. Its current market position reflects a mid-tier performance profile within the broader universe of tracked funds.

Short-term performance shows mixed results with a one-day gain of +0.63% followed by a one-week decline of -0.29%. Over the one-month and three-month periods, the fund posted returns of +1.57% and +3.57% respectively, indicating a recovery and acceleration in momentum. Year-to-date returns stand at +6.63%, while the one-year return reached +14.08%, demonstrating stronger performance over the annual horizon. The three-year return figure is notably higher at +52.37%, suggesting a significant long-term accumulation of value compared to shorter intervals. This pattern illustrates a divergence where long-term gains substantially outpace recent short-term fluctuations. The data points to a trend where extended holding periods have yielded more robust results than immediate daily or weekly movements.

The fund is assigned a Moderate volatility label and exhibits a beta of 0.90, implying it moves slightly less than the broader market. A Sharpe ratio of 0.57 indicates the return generated per unit of risk taken is moderate relative to the risk-free rate. The maximum drawdown recorded is -14.25%, which defines the largest peak-to-trough decline experienced by the fund. This combination of a beta below 1.0 and a moderate volatility label suggests the fund generally experiences less price fluctuation than the average market asset. However, the max drawdown figure highlights that despite lower beta, the fund has still faced significant temporary losses during market downturns. The Sharpe ratio of 0.57 reflects that the compensation for this level of risk and drawdown has been present but not exceptionally high.

AI-generated summary based on the data on this page.

IEUR Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 18.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IEUR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IEUR

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IEUR's top 10 — IEV overlaps most, holding 9 of the same companies as IEUR's top 10 (16.9% of IEUR's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 120.53 (as of 2026-07-17) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

IEUR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 3.45% and average daily volume is 935K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $8.64B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IEUR is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IEUR Performance History

How IEUR Compares to Other International Developed ETFs