EURO STOXX 50 ETF (ESTX) - Global X ETFs Australia
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ESTX

EURO STOXX 50 ETF

Invest in ESTX
Overview Performance Holdings & Characteristics Research Documents Announcements FAQs

Reasons to Consider ESTX

Targeted Exposure

The Fund provides targeted exposure to the eurozone.

Efficient Access

ESTX offers access to 50 of the largest and most liquid publicly traded companies in the eurozone spanning a range of economic sectors.

High Liquidity

The EURO STOXX 50 Index is one of the most traded indices in the world.

Product Information As of 8 Dec 2023

Inception Date 19 Jul 2016
Management Costs (% p.a.) 0.35
Currency Hedged No
Domicile Australia
Legal Form Managed Investment Scheme
SMSF Eligible Yes

NAV Information As of 8 Dec 2023

NAV/Unit (A$) 83.11820000
Currency (NAV) AUD
Shares Outstanding 1,205,109
AUM (A$) 100,166,502.10

Product Summary

The Global X EURO STOXX 50 ETF (ESTX) invests in 50 of the largest companies across the eurozone.

Product Objective

The Global X EURO STOXX 50 ETF (ESTX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the EURO STOXX 50® Index.

Trading Details

Ticker ESTX
Bloomberg Code ESTX AU Equity
ISIN AU00000ESTX4
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Management (AUS) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar Computershare Investor Services Pty Limited

Benchmark Information

Benchmark EURO STOXX 50® Index
Provider STOXX Limited
Ticker SX5T

Distributions As of 31 Oct 2023

12-Month Yield 4.36%
12-Month Franking Level 0.00%
Distribution Frequency Semi-Annually
Distribution History View

Performance Table As of 8 Dec 2023

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 6.09% 6.19% -0.10% 0.02%
3 Months 4.26% 4.42% -0.16% 0.05%
1 Year 23.34% 24.05% -0.71% 0.21%
3 Year p.a. 10.90% 11.24% -0.34% 0.33%
5 Year p.a. 11.27% 11.49% -0.22% 0.35%
10 Year p.a. -- -- -- --
Since Inception p.a. 9.99% 10.13% -0.14% 0.32%

Top Holdings As of 11 Dec 2023

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
8.05 ASML HOLDING NV B929F46 649.60 7,596 8,067,362
5.88 LVMH MOET HENNE 4061412 739.10 4,873 5,888,439
4.76 TOTALENERGIES SE B15C557 61.90 47,079 4,764,512
4.66 SAP SE 4846288 148.18 19,275 4,669,652
3.74 SIEMENS AG-REG 5727973 162.42 14,115 3,748,184
3.30 L'OREAL 4057808 441.95 4,573 3,304,265
3.08 SCHNEIDER ELECTR 4834108 174.94 10,795 3,087,538
3.04 SANOFI 5671735 86.13 21,601 3,041,788
3.02 ALLIANZ SE-REG 5231485 243.80 7,599 3,028,940
2.82 AIR LIQUIDE SA B1YXBJ7 175.32 9,869 2,828,819
2.56 AIRBUS SE 4012250 141.82 11,053 2,562,821
2.41 DEUTSCHE TELEKOM 5842359 22.62 65,346 2,416,107
2.23 BNP PARIBAS 7309681 61.85 22,070 2,231,735
2.15 HERMES INTL 5253973 1,982.40 663 2,148,846
2.13 VINCI SA B1XH026 115.84 11,255 2,131,595
2.10 IBERDROLA SA B288C92 11.80 109,246 2,106,707
1.96 BANCO SANTANDER 5705946 3.94 304,986 1,964,612
1.92 SAFRAN SA B058TZ6 164.60 7,147 1,923,332
1.75 AXA 7088429 30.00 35,696 1,750,528
1.73 ESSILORLUXOTTICA 7212477 182.70 5,797 1,731,579
1.64 MUENCHENER RUE-R 5294121 391.30 2,571 1,644,798
1.62 ANHEUSER-BUSCH I BYYHL23 58.71 16,873 1,619,590
1.57 ENEL SPA 7144569 6.57 146,392 1,571,516
1.56 BBVA 5501906 8.51 112,418 1,563,370
1.55 MERCEDES-BENZ GR 5529027 62.87 15,073 1,549,329
1.50 ING GROEP NV BZ57390 13.51 68,209 1,506,599
1.49 INFINEON TECH 5889505 37.16 24,610 1,495,161
1.48 STELLANTIS NV BMD8KX7 21.03 43,062 1,480,235
1.43 PROSUS NV BJDS7L3 30.08 29,079 1,430,070
1.40 UNICREDIT SPA BYMXPS7 25.30 33,885 1,401,615
1.39 DHL GROUP 4617859 45.90 18,565 1,393,031
1.34 INTESA SANPAOLO 4076836 2.70 304,017 1,342,030
1.29 INDITEX BP9DL90 37.88 20,944 1,297,090
1.24 BASF SE 5086577 45.19 16,818 1,242,560
1.23 FERRARI NV BD6G507 340.70 2,220 1,236,590
1.18 NORDEA BANK ABP BFM0SV9 10.78 67,271 1,185,845
1.17 DANONE B1Y9TB3 59.22 12,089 1,170,467
1.06 DEUTSCHE BOERSE 7021963 180.50 3,581 1,056,774
1.05 ENI SPA 7145056 15.01 43,006 1,055,384
1.04 ADYEN NV BZ1HM42 1,186.80 538 1,043,904
0.99 ADIDAS AG 4031976 193.36 3,134 990,755
0.98 PERNOD RICARD SA 4682329 159.25 3,770 981,570
0.98 SAINT GOBAIN 7380482 61.86 9,686 979,614
0.96 BAYER AG-REG 5069211 31.90 18,514 965,436
0.93 BMW AG 5756029 100.92 5,621 927,452
0.92 KERING 5505072 413.80 1,356 917,383
0.83 FLUTTER ENTER BWT6H89 153.70 3,327 836,040
0.81 KONINKLIJKE AHOL BD0Q398 27.28 18,304 816,228
0.73 VOLKSWAGEN-PREF 5497168 114.86 3,885 729,559
0.49 NOKIA OYJ 5902941 2.99 99,953 487,799
Holdings are subject to change.

Sector Breakdown As of 11 Dec 2023

Sector Weight (%)
Financials 19.7
Consumer Discretionary 19.4
Industrials 15.8
Information Technology 14.7
Consumer Staples 7.9
Energy 5.8
Health Care 5.7
Materials 4.1
Utilities 3.7
Communication Services 2.4
Other/Cash 0.8

Country Breakdown As of 11 Dec 2023

Country Weight (%)
France 41.4
Germany 25.8
Netherlands 14.3
Spain 6.9
Italy 6.6
Finland 1.7
Belgium 1.6
Ireland 0.8
Other/Cash 0.9

Research

Top European Stocks Shine Bright in Tougher Times

Read More

Documents

FAQs

  • How is ESTX weighted?

    Companies in ESTX are weighted by free-float market capitalisation.

  • Is ESTX currency hedged?

    ESTX is not currency hedged and investors are exposed to the currency exchange movements between the euro and the Australian dollar.

  • What is the index methodology?

    Companies are identified for inclusion on the basis of free-float market capitalisation and listing in 12 specific eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. The 50 largest companies by free-float market capitalisation are then selected for inclusion.

  • How can you use ESTX in a portfolio?

    ESTX can be used within the core component of a portfolio as an exposure towards Europe. It can also be used in the satellite component as a tactical tilt towards the eurozone or towards European large-capitalisation stocks.

  • How is ESTX different from other European ETFs?

    ESTX invests in companies within the eurozone only, excluding European countries such as the UK. Investing in the eurozone only means that ESTX is only exposed to a single currency; the movements of the euro to the Australian dollar. ESTX invests in blue-chip companies only and does not have any mid- or small-capitalisation exposure.

  • Why invest in ESTX?

    ESTX allows investors to diversify their portfolio internationally into a market significantly larger than Australia. Not only does investing in the eurozone provide international diversification, but it also provides significant sector diversification against the financial and resource-heavy Australian market. ESTX invests in 50 high-quality blue-chip companies with global revenue streams.

  • How liquid is the EURO STOXX 50® Index?

    The EURO STOXX 50® Index is one of the most traded indices across global equity markets and is therefore highly liquid.

  • Do I need to fill in a W-8 BEN form?

    No. ESTX is an Australian domiciled fund and therefore does not require the completion of any W-8 BEN tax forms.

  • Does ESTX pay a dividend?

    Yes. ESTX pays semi-annual distributions in June and December.

Investments may go up or down in value and you may lose some or all of the amount invested. Past performance is not necessarily a guide to future performance. Any advice provided by Global X Management (AUS) Limited (“Global X”) is general advice and does not take into account your personal objectives, financial situation or needs. You should consult an independent investment adviser prior to making an investment in order to determine its suitability to your circumstances. This material may contain links to third party websites. Global X does not control and is not responsible for the information contained within third party websites. None of these links imply Global X’s support, endorsement or recommendation of any other company, product or service.

Global X Management (AUS) Limited ACN 150 433 828 AFSL No 466778

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