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PBEUvsEWPETF Comparison

ETF 1
PBEU

Portfolio Building Block European Banks Index ETF

This fund is part of
Europe Blended Cap
-1.59%
Full PBEU fund page
VS
ETF 2
EWP

iShares MSCI Spain ETF

This fund is part of
Europe Blended Cap
-1.59%
Full EWP fund page

Portfolio Building Block European Banks Index ETF (PBEU) and iShares MSCI Spain ETF (EWP) belong to the same industry segment: Europe Blended Cap. Both ETFs have the same top 3 sector exposures: and Financials. PBEU is less expensive with a Total Expense Ratio (TER) of 0.13%, versus 0.5% for EWP. PBEU is down -2.66% year-to-date (YTD) with +$454M in YTD flows. EWP performs better with -1.56% YTD performance, and -$78M in YTD flows. Run a side-by-side ETF comparison of PBEU and EWP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PBEU vs EWP performance and flow charts

Performance

-10.0-8.0-6.0-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

-100 M0 M100 M200 M300 M400 MFeb 11Feb 19Feb 26Mar 5Mar 12

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
PBEU
EWP
-7.85%-5.63%
+0.95%+0.86%
-2.66%-1.56%
n/a+46.95%
n/a+119.70%
n/a+122.61%
Flows
PBEU
EWP
+$406M-$56M
+$454M+$30M
+$454M-$78M
-+$407M
-+$462M
-+$457M
Volatility and drawdown
3M1Y3Y5Y
Volatility
PBEU
EWP
+27.76%+20.04%
n/a+18.99%
n/a+17.53%
n/a+18.98%
Max drawdown
PBEU
EWP
-13.43%-9.19%
n/a-11.33%
n/a-11.50%
n/a-33.80%
Max drawdown duration
PBEU
EWP
36d15d
n/a28d
n/a113d
n/a673d
Trading data

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PBEU
EWP
Last sale
3/13/2026 at 1:30 PM
$26.42
$52.45
Previous close
03/12/2026
$27.06
$52.98
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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PBEU
EWP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
PBEU
EWP
Last price
$26.42
$52.45
1D performance
-2.39%
-1.00%
AuM$433.66 M$1.69 B
E/R0.13%0.5%
Characteristics
PBEU
EWP
Management strategyPassivePassive
ProviderTidaliShares
BenchmarkBITA European Banks IndexMSCI Spain 25/50 Index
N° of holdings4520
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateNovember 24, 2025March 12, 1996
ESGNoNo
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Exposure

Countries

PBEU
United Kingdom
29.31%
Spain
19.91%
Italy
14.4%
France
9.6%
Sweden
7.69%
Other
19.09%
EWP
Spain
95.33%
Other
4.67%

Sectors

PBEU
Financials
91.98%
Other
8.02%
EWP
Financials
44.75%
Utilities
21.8%
Other
33.45%
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Diversification

PBEU

Total weight of top 15 holdings out of 15

75.76%
EWP

Total weight of top 15 holdings out of 15

89.44%

Top 15 holdings

Data as of January 31, 2026
PBEU
HSBC HOLDINGS
14.42%
BANCO SANTANDER SA
8.99%
BBVA
6.93%
UNICREDIT SPA
5.92%
BNP PARIBAS
5.13%
INTESA SANPAOLO
4.68%
BARCLAYS
4.46%
ING GROEP
4.29%
LLOYDS TSB GRP
4.25%
GB00BM8PJY71
3.53%
SOCIETE GENERALE
3.26%
SE0000427361
3.13%
STANDARD CHARTERED PLC
2.41%
CAIXABANK SA
2.36%
ERSTE GRP BANK
1.99%
EWP
BANCO SANTANDER SA
19.15%
BBVA
13.81%
IBERDROLA SA
13.81%
CAIXABANK SA
4.65%
INDUSTRIA DISENO TEXTIL
4.64%
NL0015001FS8
4.34%
ACS CONS Y SERV
4.06%
REPSOL YPF SA
4.00%
ES0105046017
3.71%
BCO DE SABADELL
3.60%
AMADEUS IT GROUP SA
3.51%
CELLNEX TELECOM
2.67%
ENDESA SA
2.60%
TELEFONICA SA
2.59%
BANKINTER SA
2.31%
Frequently asked questions about PBEU and EWP

How have the PBEU and EWP ETFs performed in 2026?

As of March 11, 2026, PBEU is down -2.66% year-to-date (YTD), while EWP has lost -1.56%. That puts EWP better performer ahead so far this year.

Which ETF is attracting more investor money: PBEU or EWP?

Year-to-date, the PBEU ETF saw +$454M in flows, compared to -$78M for EWP.

Which ETF is bigger: PBEU or EWP?

As of March 11, 2026, PBEU holds $433.66 M in assets under management (AUM), while EWP manages $1.69 B.

What sectors do the PBEU and EWP ETFs invest in?

PBEU leans toward sectors like Financials. Meanwhile, EWP focuses on Financials and Utilities.

What are the top holdings of the PBEU ETF and EWP ETF?

PBEU top holdings include HSBC HOLDINGS, BANCO SANTANDER SA and BBVA. EWP holds in its top three: BANCO SANTANDER SA, BBVA and IBERDROLA SA.

Which ETF is more diversified: PBEU or EWP?

PBEU holds 48 securities with 75.76% of its assets in the top 15. EWP has 24 securities and a top 15 weight of 89.44%.

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