IShares Europe ETF IEV offers well-diversified exposure to the developed European market. However, it excludes small-cap stocks and levies a steep fee for an index fund, limiting its Morningstar Analyst Rating to Neutral.
Will IEV 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 IEV’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IEV 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 IEV’s parent organization’s priorities and whether they’re in line with investors’ interests.