MSCI EMU (Eurozone) Index
The MSCI EMU (European Economic and Monetary Union) index holds large- and mid-caps from euro-area countries. As all constituents trade in euro, euro-area investors face no currency risk.
The ten largest holdings make up 30.4% of the MSCI EMU, out of 217 holdings in total; the largest sector is Financials at 25.7% (as of Oct 31, 2026).
Composition – 50 Largest Holdings
Based on: Xtrackers MSCI EMU UCITS ETF 4c · as of Oct 31, 2026 · 217 holdings
| # | Stock | Ticker | Sector | Country | Weight |
|---|---|---|---|---|---|
| 1 | ASML Holding NV | ASML | Information Technology | Netherlands | 8.94% |
| 2 | SAP SE | SAP | Information Technology | Germany | 3.24% |
| 3 |  Siemens N AG | SIE | Industrials | Germany | 3.03% |
| 4 |  Allianz SE | ALV | Financials | Germany | 2.56% |
| 5 |  TotalEnergies SE | TTE | Energy | France | 2.51% |
| 6 | Banco Santander | Financials | Spain | 2.30% | |
| 7 |  Iberdrola SA | IBE | Utilities | Spain | 2.10% |
| 8 | Schneider Electric SE | SU | Industrials | France | 2.08% |
| 9 |  Banco Bilbao Vizcaya Argentaria S.A. | BBVA | Financials | Spain | 1.87% |
| 10 |  Airbus Group | AIR | Industrials | France | 1.79% |
Show holdings 11 to 50
Siemens Energy N AG 1.62%
UniCredit S.p.A. 1.55%
Safran SA 1.47%
LVMH Moet Hennessy Louis Vuitton SE 1.46%- Deutsche Telekom N AG 1.33%
BNP Paribas S.A. Class A 1.33%- L Air Liquide 1.30%
Intesa Sanpaolo S.p.A. 1.29%- Sanofi SA 1.27%
- ING Groep N.V. 1.27%
L'Oreal S.A. 1.18%
Enel SpA 1.09%
Munchener Ruckversicherungs-Gesellschaft AG 1.08%
Infineon Technologies AG 1.08%
AXA SA 1.03%- Anheuser-Busch InBev SA/NV 0.97%
Industria de Diseno Textil S.A. 0.94%- Deutsche Boerse AG 0.88%
DHL N AG 0.83%- Deutsche Bank Aktiengesellschaft 0.82%
- Essilorluxottica SA 0.79%
- Vinci SA 0.79%
argenx SE 0.77%- Nordea Bank Abp 0.75%
Rheinmetall AG 0.75%- Eni S.p.A. 0.75%
Bayer AG 0.72%
BASF SE 0.71%
Hermes International SCA 0.66%
Ferrari 0.66%
E.on SE 0.65%- Nokia Oyj 0.64%
Prosus N.V. Class N 0.63%- Danone SA 0.62%
Societe Generale SA Class A 0.60%
Caixabank SA 0.59%
RWE AG 0.58%- ASM International N.V. 0.57%
Legrand SA 0.53%
UCB S.A. 0.52%
Sectors
Countries
MSCI EMU Price Chart
The chart shows daily closing prices and is set to the current year by default. The price is up 1.7% year to date and up 4.4% over twelve months. The last recorded close on October 30, 2026, was at 43% of the 52-week range.
Price series from our database since Aug 2, 2024, 564 daily values.
MSCI EMU Performance
| Year to date | +1.7% | 1 month | -3.2% |
|---|---|---|---|
| 3 months | -6.3% | 1 year | +4.4% |
| Calendar year 2025 | +35.8% |
MSCI EMU Index Funds and ETFs
ETFs Tracking This Index
- ZPRE EU State Street® SPDR® MSCI EMU UCITS ETF · TER 0.08% · 350 m cheapest largest
- XD5E EU Xtrackers MSCI EMU UCITS ETF 1d
- XEMU EU Xtrackers MSCI EMU UCITS ETF 4c
Next Events
Technical Analysis: MSCI EMU
Risk Metrics
Correlations (90 Trading Days)
| Instrument | r | −1 … +1 |
|---|---|---|
| Euro STOXX 50 | +0.99 | |
| MSCI Europe | +0.94 | |
| MSCI World ex USA | +0.94 | |
| Cboe Global Markets Inc | -0.41 | |
| Verisk Analytics Inc. | -0.38 | |
| Republic Services Inc. | -0.37 |
The strongest co-movers are listed at the top, the strongest inverse movers at the bottom. Low or negative correlations can help spread risk more broadly across a portfolio.
