Key details about this asset
Currency:
EUR
Ticker:
ANX
Exchange:
Euronext Paris
Asset type:
ETF
ISIN:
LU1681038243
First trade date:
June 8, 2010
Fees:
0.13%
Avg. daily volume:
3,468
Generated by AI based on asset data
Generated by AI based on asset data
🔹 Low-cost, broad exposure – Competitive expense structure and North America dominance deliver cost-efficient, resilient growth in stable macro environments.
💰 Sector concentration risk – Heavy IT exposure amplifies sensitivity to tech-driven cycles, while defensive sectors offer limited tailwind in downturns.
🌍 Geographic over-reliance – North America’s 97.8% focus exposes to U.S. policy shifts and currency volatility, eroding returns in regime changes.
📉 Momentum-driven underperformance – Post-2020 rallies were liquidity-fueled, not earnings-driven, leaving room for structural pullbacks in high-rate regimes.
📈 Outperformance in growth cycles – Sensitive sectors thrive in expansionary phases, while defensive sectors underperform in prolonged downturns.
Sensitive
75.12%
Cyclical
14.58%
Defensive
10.15%
Information Technology
55.86%
Communication Services
15.75%
Consumer Discretionary
13.20%
Health Care
4.38%
Consumer Staples
4.35%
Industrials
3.05%
Utilities
1.42%
Materials
1.04%
Energy
0.46%
Financials
0.34%
North America
97.75%
Europe
0.73%
South America
0.60%
United States of America
96.31%
Canada
1.44%
Netherlands
0.73%
Brazil
0.60%