Key details about this asset
Currency:
EUR
Ticker:
PSP5
Exchange:
Euronext Paris
Asset type:
ETF
ISIN:
FR0011871128
First trade date:
May 20, 2014
Fees:
0.15%
Avg. daily volume:
48,722
Generated by AI based on asset data
Generated by AI based on asset data
🌐 Strong sector exposure to cyclical growth drivers – Dominated by sensitive tech and cyclical consumer sectors, excelling in expansionary regimes with robust earnings momentum.
💥 High geopolitical and currency concentration risk – Entirely North American-focused with no hedging, vulnerable to trade wars, currency shocks, and regulatory turbulence.
📉 Structural underperformance in defensive regimes – Heavy defensive sector weighting (16%) fails to shield in downturns, exposing investors to prolonged drawdowns during macro stress.
Sensitive
58.32%
Cyclical
25.45%
Defensive
16.23%
Information Technology
37.44%
Financials
12.77%
Consumer Discretionary
10.82%
Communication Services
10.54%
Health Care
9.10%
Industrials
7.51%
Consumer Staples
4.75%
Energy
2.83%
Utilities
2.38%
Real Estate
1.86%
North America
100.00%
United States of America
100.00%