Invesco STOXX Europe 600 Optimised Utilities UCITS ETF Acc
ISIN IE00B5MTXK03 Rating ★★☆☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Equity
Region
Europe
Sector
Utilities
TER
0.20 %
TD
0.24 %
Currency
EUR
Fund size
7 Mio EUR
Perf. 2023
13.80 %
"Invesco STOXX Europe 600 Optimised Utilities UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the STOXX Europe 600 Optimised Utilities Index. This index reflects the development of European stocks . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company Invesco claims a total expense ratio (TER) of 0.20% per year. The yearly average divergence from the index performance (Tracking Difference) since 2010 was 0.24% per year. Therefore, the ETF was slightly more expensive than the TER suggests.