Invesco EURO STOXX Optimised Banks UCITS ETF Acc
ISIN IE00B3Q19T94 Rating ★★★☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Equity
Region
Europe
Sector
Banks
TER
0.30 %
TD
0.22 %
Currency
EUR
Fund size
99 Mio EUR
Perf. 2024
31.20 %
"Invesco EURO STOXX Optimised Banks UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the EURO STOXX Optimised Banks 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 0.30% per year. The yearly average divergence from the index performance (Tracking Difference) since 2012 was 0.22% per year. Therefore, the ETF was less expensive than the TER suggests.