SPDR EURO STOXX 50 ETF FEZ focuses on the mega-cap eurozone market, which limits its opportunities and concentrates its portfolio. This will make it difficult for the fund to outperform its peers in the long run, warranting a Morningstar Analyst Rating of Neutral.
Will FEZ outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEZ’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FEZ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FEZ’s parent organization’s priorities and whether they’re in line with investors’ interests.