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

EURO STOXX 50 ETF

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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 16 Jan 2025

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 16 Jan 2025

NAV/Unit (A$) 92.75560000
Currency (NAV) AUD
Shares Outstanding 1,906,109
AUM (A$) 176,802,318.10
NAV History File View

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 Dec 2024

12-Month Yield 4.17%
12-Month Franking Level 0.00%
Distribution Frequency Semi-Annually
Distribution History View

Performance Table As of 16 Jan 2025

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 3.69% 3.72% -0.03% 0.02%
3 Months 5.79% 5.88% -0.09% 0.03%
1 Year 17.75% 18.28% -0.53% 0.10%
3 Year p.a. 10.08% 10.49% -0.41% 0.28%
5 Year p.a. 8.94% 9.23% -0.29% 0.33%
10 Year p.a. -- -- -- --
Since Inception p.a. 10.63% 10.81% -0.18% 0.30%

Top Holdings As of 17 Jan 2025

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
8.30 ASML Holding NV B929F46 745.40 11,891 14,677,118
7.26 SAP SE 4846288 255.05 30,388 12,833,953
4.95 LVMH Moet Hennessy Louis Vuitt 4061412 695.50 7,606 8,759,644
4.09 Siemens AG 5727973 195.16 22,379 7,232,101
4.08 Schneider Electric SE 4834108 254.35 17,131 7,215,185
3.62 TotalEnergies SE B15C557 57.38 67,400 6,404,031
3.31 Allianz SE 5231485 303.60 11,656 5,859,821
3.14 Sanofi SA 5671735 97.88 34,243 5,550,074
3.03 Deutsche Telekom AG 5842359 30.31 106,576 5,349,071
2.58 Airbus SE 401225 157.20 17,510 4,557,972
2.55 Air Liquide SA B1YXBJ7 158.28 17,207 4,509,872
2.43 Hermes International SCA 5253973 2,480.00 1,046 4,295,526
2.36 Safran SA B058TZ6 224.00 11,256 4,175,083
2.28 L'Oreal SA 4057808 338.90 7,172 4,024,805
2.15 Iberdrola SA B288C92 13.27 172,898 3,799,215
2.07 Banco Santander SA 5705946 4.78 461,096 3,651,568
2.07 EssilorLuxottica SA 7212477 240.20 9,218 3,666,424
1.86 BNP Paribas SA 7309681 62.21 31,894 3,285,506
1.86 Muenchener Rueckversicherungs- 5294121 498.00 3,996 3,295,246
1.82 UniCredit SpA BYMXPS7 41.92 46,347 3,217,184
1.81 AXA SA 7088429 35.08 55,149 3,203,541
1.68 Intesa Sanpaolo SpA 4076836 4.10 436,835 2,964,663
1.67 Vinci SA B1XH026 101.05 17,623 2,948,826
1.67 Banco Bilbao Vizcaya Argentari 5501906 10.33 172,177 2,945,157
1.54 Enel SpA 7144569 7.10 232,078 2,730,046
1.52 Industria de Diseno Textil SA BP9DL9 49.01 33,202 2,694,523
1.44 ING Groep NV BZ5739 15.96 96,604 2,553,380
1.42 Prosus NV BJDS7L3 34.41 44,004 2,507,320
1.36 Ferrari NV BD6G507 420.10 3,461 2,407,616
1.30 Anheuser-Busch InBev SA/NV BYYHL23 45.44 30,646 2,305,925
1.23 Adyen NV BZ1HM42 1,488.00 884 2,178,152
1.22 Infineon Technologies AG 5889505 33.43 39,014 2,159,682
1.22 adidas AG 4031976 242.40 5,377 2,158,269
1.21 Deutsche Boerse AG 7021963 229.10 5,626 2,134,312
1.20 Cie de Saint-Gobain SA 7380482 85.10 15,057 2,121,783
1.16 Danone SA B1Y9TB3 64.46 19,243 2,053,979
1.13 Wolters Kluwer NV 5671519 170.00 7,126 2,005,985
1.10 BASF SE 5086577 44.14 26,663 1,948,832
1.09 Nordea Bank Abp BFM0SV9 11.13 104,728 1,929,283
1.07 Mercedes-Benz Group AG 5529027 55.16 20,731 1,893,553
0.97 Deutsche Post AG 4617859 34.79 29,758 1,714,317
0.87 Koninklijke Ahold Delhaize NV BD0Q398 33.39 27,765 1,535,137
0.83 Eni SpA 7145056 13.94 63,271 1,460,915
0.68 Stellantis NV BMD8KX7 12.21 59,500 1,202,803
0.66 Nokia Oyj 5902941 4.35 162,472 1,170,713
0.64 Bayerische Motoren Werke AG 5756029 76.24 8,910 1,124,847
0.58 Pernod Ricard SA 4682329 104.40 5,911 1,021,867
0.57 Bayer AG 5069211 20.74 29,349 1,007,941
0.54 Volkswagen AG 5497168 92.94 6,160 948,018
0.47 Kering SA 5505072 237.05 2,126 834,519
Holdings are subject to change.

Sector Breakdown As of 17 Jan 2025

Sector Weight (%)
Financials 21.1
Industrials 18.1
Information Technology 17.4
Consumer Discretionary 16.3
Consumer Staples 6.2
Health Care 5.8
Energy 4.5
Utilities 3.7
Materials 3.7
Communication Services 3.0
Other/Cash 0.2

Country Breakdown As of 17 Jan 2025

Country Weight (%)
France 38.8
Germany 28.1
Netherlands 15.1
Spain 7.4
Italy 7.2
Finland 1.8
Belgium 1.3
Other/Cash 0.3

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.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

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