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TEET
VanEck Vectors European Equal Weight UCITS ETF

Index Description

The Solactive European Equity Index tracks the performance of a selection of the top 100 shares from European developed markets. It is an equally weighted index with a 20% country cap. 

Index Key Points

Underlying Index
Solactive European Equity Index GTR (TGLOTETR)

Index composition
The index has the followings specifications:

• The index tracks the performance of a selection of the top 100 shares from European developed markets. The selection model filters the shares according to a liquidity threshold of EUR 10 million 6-month ADV and includes subsequently the top ranked shares based on free-float adjusted market capitalization. It is an equally weighted index.

Starting with a FactSet Universal Screening:

• Screen for securities that have a primary listing in one of the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and United Kingdom.
• Filter out any shares which are not ordinary, preferred or Depositary Receipts.
• Filter out any Limited Partnerships.
• Remove all securities with a 6-month ADV (as sourced from FactSet) below EUR 10 million.
• For each company keep only the most liquid share line and most liquid listing.
• The maximum weight of a country at the time of review is 20%.
• The index is reviewed annually on the third Tuesday of March.

     

    Index Provider

    Solactive

     

    Download Index Methodology

    Index Information

    • Index Provider

      Solactive
    • Index Type

      Total Return
    • Currency

      EUR
    • Inception Date

      01 Oct 2014
    • Reconstitution Frequency

      Annually
    • Bloomberg Ticker

      TGLOTETR
    • Reuters Ticker

      .TEETTR

    Index Top 10 Constituents (%) as of 30 Sep 2020

    Total Constituents: 101
    Constituent Name
    Ticker
    Weightings (%)
    Dsv A/S
    DSV DC
    1.56
    Deutsche Post Ag-Reg
    DPW GR
    1.55
    Lonza Group Ag-Reg
    LONN VX
    1.43
    Infineon Technologies Ag
    IFX GR
    1.42
    Daimler Ag-Registered Shares
    DAI GR
    1.40
    Ericsson Lm-B Shs
    ERICB SS
    1.36
    Atlas Copco Ab-A Shs
    ATCOA SS
    1.34
    Bhp Group Plc
    BHP LN
    1.33
    Volvo Ab-B Shs
    VOLVB SS
    1.28
    Siemens Ag-Reg
    SIE GR
    1.28
    Top 10 Total (%) 13.95
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

    Index Country Weightings (%) as of 30 Sep 2020

    • Country

      Weightings (%)
    • Germany

      20.5
    • France

      19.0
    • United Kingdom

      16.3
    • Switzerland

      14.3
    • Netherlands

      5.7
    • Sweden

      4.8
    • Spain

      4.7
    • Italy

      4.3
    • Denmark

      2.6
    • Finland

      2.1
    • Australia

      1.3
    • China

      1.2
    • Norway

      1.1
    • Ireland

      1.1
    • Belgium

      1.0

    Index Sector Weightings (%) as of 30 Sep 2020

    • Sector

      Weightings (%)
    • Financials

      20.3
    • Industrials

      15.0
    • Consumer Discretionary

      12.0
    • Health Care

      11.4
    • Consumer Staples

      11.1
    • Materials

      9.0
    • Information Technology

      7.3
    • Utilities

      4.7
    • Communication Services

      4.2
    • Energy

      3.4
    • Real Estate

      1.5
    • OTHERS

      0.1

    Important Disclosure           

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    Performance data for the Irish domiciled funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

    The sales prospectus and KIID contain this and other information. Please read the sales prospectus and KIID carefully before investing.

    Not Insured — No Bank Guarantee — May Lose Value