Oshares Europe Quality Etf Profile
| OEUR Etf | USD 28.95 0.15 0.52% |
Performance0 of 100
| Odds Of DistressLess than 9
|
OShares Europe is selling at 28.95 as of the 26th of November 2024; that is 0.52 percent increase since the beginning of the trading day. The etf's lowest day price was 28.94. OShares Europe has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for OShares Europe Quality are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
The underlying index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in Europe that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by OShares Investment Advisers, LLC . More on OShares Europe Quality
Moving together with OShares Etf
| 1.0 | VGK | Vanguard FTSE Europe | PairCorr |
| 0.98 | EZU | iShares MSCI Eurozone | PairCorr |
| 1.0 | BBEU | JPMorgan BetaBuilders | PairCorr |
| 1.0 | IEUR | iShares Core MSCI | PairCorr |
| 0.97 | FEZ | SPDR EURO STOXX | PairCorr |
| 1.0 | IEV | iShares Europe ETF | PairCorr |
Moving against OShares Etf
OShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Europe Stock, ALPS (View all Sectors) |
| Issuer | ALPS |
| Inception Date | 2015-08-18 |
| Benchmark | O'Shares Europe Quality Dividend Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 37.12 Million |
| Average Trading Valume | 7,295.2 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | Europe |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | ALPS Advisors, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Ryan Mischker, Andrew Hicks |
| Transfer Agent | State Street Bank and Trust Company |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 52.0 |
| Market Maker | Citadel |
| Total Expense | 0.48 |
| Management Fee | 0.48 |
| Country Name | USA |
| Returns Y T D | 2.91 |
| Name | OShares Europe Quality Dividend ETF |
| Currency Code | USD |
| Open Figi | BBG018B6N553 |
| In Threey Volatility | 18.73 |
| 1y Volatility | 14.2 |
| 200 Day M A | 30.2875 |
| 50 Day M A | 30.5332 |
| Code | OEUR |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.11 |
OShares Europe Quality [OEUR] is traded in USA and was established 2015-08-18. The fund is listed under Europe Stock category and is part of ALPS family. The entity is thematically classified as Large Cap ETFs. OShares Europe Quality now have 32.4 M in assets. , while the total return for the last 3 years was 2.6%.
Check OShares Europe Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on OShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding OShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as OShares Europe Quality Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
OShares Europe Quality Currency Exposure
OShares Europe Quality holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of OShares Europe will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in OShares Europe Quality.
Top OShares Europe Quality Etf Constituents
| DHL | Deutsche Post AG | Stock | DE Stock | |
| SAN | Sanofi SA | Stock | Drug Manufacturers—General | |
| III | 3I Group PLC | Stock | Financials | |
| IMB | Imperial Brands PLC | Stock | Consumer Staples | |
| SAP | SAP SE | Stock | Software-Application | |
| ESSITY-B | Essity AB | Stock | Household & Personal Products | |
| LR | Legrand SA | Stock | Diversified Industrials | |
| AZN | AstraZeneca PLC | Stock | Health Care |
OShares Europe Quality Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OShares Europe. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.31) |
OShares Europe Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OShares Europe Quality. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of OShares Europe Quality is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Europe's value that differs from its market value or its book value, called intrinsic value, which is OShares Europe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OShares Europe's market value can be influenced by many factors that don't directly affect OShares Europe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OShares Europe's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Europe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Europe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.