EWQ: A Good Way To Access France When The Trend Turns

(6min)

Summary

  • France's economy faces challenges, but the iShares MSCI France ETF offers exposure to diverse French stocks, tracking the MSCI France Index with a 0.50% expense ratio.
  • The ETF's top five holdings, including LVMH and TotalEnergies, make up 36% of assets, highlighting a concentrated yet diversified portfolio.
  • Sector allocation emphasizes France's strength in industrials and luxury goods, differing from broader European funds with minimal exposure to real estate and utilities.
  • Despite current underperformance, EWQ provides access to a stable economy with global brands, though risks include economic volatility, sector dependence, and currency fluctuations.

Modern skyscrapers in Paris

Gary Yeowell

France has had a hard time economically as of late. Yields are rising, the CAC index is actually down as of writing, and there are concerns over the local government staying in power. Still, the country potentially could be a winner in the

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This article was written by

Michael A. Gayed, CFA profile picture
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Michael A. Gayed is portfolio manager, and author of five award-winning research papers on market anomalies and investing. He has a BS with a double major in Finance & Management from NYU Stern School of Business, and is a CFA Charterholder. Michael runs the investing group The Lead-Lag Report, focused on helping investors outperform in all market conditions. It offers a tactical, data-driven approach to investing, to achieve long-term success even in the face of uncertainty. With increasing market volatility, it's essential to understand risk-on/risk-off signals, seize high-yield opportunities, and leverage award-winning research to maximize returns. Learn More.

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