Is IEV a good investment?

iShares Europe ETF (IEV) is a Europe-focused ETF. As of September 11, 2026, ETF Copilot scores IEV 5.5 out of 10 — highest on Growth (7.2), lowest on Risk (3.9). It trades at 17.4 times earnings, against its own median of 16.1. Its ten largest holdings are 21% of the fund.

Updated September 11, 2026

How is IEV rated? ETF Copilot scores iShares Europe ETF (IEV) 5.5 out of 10

As of September 11, 2026, ETF Copilot scores iShares Europe ETF (IEV) 5.5 out of 10 overall.

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

Overall: 5.5 / 10
Growth: 7.2 / 10
Valuation: 6.6 / 10
Risk: 3.9 / 10
Quality: 5.3 / 10
Return: 4.3 / 10

What is IEV's expense ratio? 0.60% a year

As of September 11, 2026, IEV charges 0.60% a year, yields 3.04% and holds $1.7B in assets across 367 positions.

iShares Europe ETF (IEV) — cost, income and size
Measure	IEV
Expense ratio	0.60%
Dividend yield	3.04%
Assets under management	$1.7B
Holdings	367

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 IEV's data

Large- and mid-cap European stocks, a broad cross-section of developed markets.

Charges more than the typical European fund — each year a bit more of the return goes to costs.

Its 0.60% expense ratio sits above the 0.50% category median. trailing P/E multiple of 17.4x lands near the middle of the peer group.

Adds developed-market breadth to a U.S.-anchored portfolio.

Why did IEV move this week? It fell 1.9% in the week to September 11, 2026 — Novartis and Novo Nordisk A/S-B drove it

IEV fell 1.9% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Novo Nordisk A/S-B (−9.3%) and SAP (−4.6%); ASML (+3.8%) pushed the other way.

Is IEV expensive right now? It trades at 17.4 times earnings, against its own median of 16.1

As of September 11, 2026, IEV is more expensive than 65% of its own 114 monthly readings since 2017 — 74 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 IEV? 11% Tech

What's inside IEV: Size (Large 72%, Mid 21%, Small 7%); Geography (International 90%, US 11%); Tech 10.5%; AI 1.5%; Semiconductors 6.0%; Memory 1.0%.

What are IEV's top holdings? The ten largest are 21% of the fund

ASML, HSBC, Roche, Shell, Novartis, Nestle, AstraZeneca, Banco Santander, Siemens and SAP are IEV's largest holdings, in that order.

Less concentrated than 72% of Europe ETFs.

Half of IEV's weight sits in its 42 largest positions, and once those weights are taken into account it behaves like 106 equally weighted holdings.

Cite this

ETF Copilot, “iShares Europe ETF (IEV) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/iev