Key details about this asset
Currency:
EUR
Ticker:
ETZ
Exchange:
Euronext Paris
Asset type:
ETF
ISIN:
FR0011550193
First trade date:
September 16, 2013
Fees:
0.06%
Avg. daily volume:
97,052
Generated by AI based on asset data
Cyclical
36.46%
Sensitive
35.71%
Defensive
26.09%
Financials
22.92%
Industrials
20.04%
Health Care
13.08%
Consumer Staples
8.75%
Consumer Discretionary
8.22%
Information Technology
8.05%
Materials
5.32%
Energy
4.60%
Utilities
4.26%
Communication Services
3.02%
Europe
93.12%
United Kingdom
22.35%
France
15.30%
Germany
13.96%
Switzerland
13.66%
Netherlands
8.31%
Sweden
5.32%
Spain
5.18%
Italy
4.67%
Denmark
2.92%
Finland
1.45%
Generated by AI based on asset data
🔹 Diversification depth Balanced exposure across cyclical, sensitive, and defensive sectors with Europe’s heavy weighting offers superficial geographic focus but avoids extreme concentration risks.
💥 Geopolitical fragility Europe’s dominance and cyclical-heavy tilt amplify sensitivity to regional conflicts, policy shifts, and global trade disruptions.
📈 Momentum-driven outperformance Strongest in prolonged bull markets where defensive sectors and European growth outpace global volatility, driving consistent upward trends.
📉 Liquidity-driven underperformance Collapses during systemic stress (e.g., crises) show prolonged grinding declines, with recoveries reliant on liquidity injections rather than structural earnings growth.