Is FEZ a good investment?

State Street SPDR EURO STOXX 50 ETF (FEZ) is a Europe-focused ETF. As of September 11, 2026, ETF Copilot scores FEZ 5.6 out of 10 — highest on Growth (7.8), lowest on Risk (3.1). It trades at 18.5 times earnings, against its own median of 17.2. Its ten largest holdings are 43% of the fund.

Updated September 11, 2026

How is FEZ rated? ETF Copilot scores State Street SPDR EURO STOXX 50 ETF (FEZ) 5.6 out of 10

As of September 11, 2026, ETF Copilot scores State Street SPDR EURO STOXX 50 ETF (FEZ) 5.6 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.6 / 10
Growth: 7.8 / 10
Valuation: 4.1 / 10
Risk: 3.1 / 10
Quality: 6.2 / 10
Return: 5.8 / 10

What is FEZ's expense ratio? 0.29% a year

As of September 11, 2026, FEZ charges 0.29% a year, yields 2.82% and holds $4.5B in assets across 50 positions.

State Street SPDR EURO STOXX 50 ETF (FEZ) — cost, income and size
Measure	FEZ
Expense ratio	0.29%
Dividend yield	2.82%
Assets under management	$4.5B
Holdings	50

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in FEZ's data

Eurozone blue-chip stocks, weighted by market size.

Trades at a richer price than typical European peers — you pay more for the same earnings stream.

EBITDA multiple of 13.2x sits above the category median of 10.7x and its own 10.0x historical average. Over three years it returned 20% annually.

A Eurozone core position, though its price already reflects the scale of its holdings.

Why did FEZ move this week? It fell 1.3% in the week to September 11, 2026 — SAP and Siemens drove it

FEZ fell 1.3% in the week to September 11, 2026. The holdings that moved it most were SAP (−4.6%), Siemens (−2.3%) and Allianz SE (−2.5%); ASML (+3.8%) pushed the other way.

Is FEZ expensive right now? It trades at 18.5 times earnings, against its own median of 17.2

As of September 11, 2026, FEZ is more expensive than 75% of its own 114 monthly readings since 2017 — 85 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside FEZ? 19% Tech

What's inside FEZ: Size (Large 78%, Mid 9%, Small 13%); Geography (International 85%, US 15%); Tech 18.6%; AI 3.4%; Semiconductors 11.1%; Memory 1.7%.

What are FEZ's top holdings? The ten largest are 43% of the fund

ASML, Siemens, Banco Santander, SAP SE, Totalenergies SE, Allianz SE, Schneider Electric, Banco Bilbao Vizcaya Argenta, Unicredit SPA and Iberdrola are FEZ's largest holdings, in that order.

Less concentrated than 52% of Europe ETFs.

Half of FEZ's weight sits in its 13 largest positions, and once those weights are taken into account it behaves like 32 equally weighted holdings.

Cite this

ETF Copilot, “State Street SPDR EURO STOXX 50 ETF (FEZ) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/fez