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PBEUvsEWUETF Comparison

ETF 1

PBEU

Portfolio Building Block European Banks Index ETF

This fund is part of

Europe Blended Cap

+0.72%

Full PBEU fund page

VS

ETF 2

EWU

iShares MSCI United Kingdom ETF

This fund is part of

Europe Blended Cap

+0.72%

Full EWU fund page

Portfolio Building Block European Banks Index ETF (PBEU) and iShares MSCI United Kingdom ETF (EWU) belong to the same industry segment: Europe Blended Cap. PBEU's top 1 sector exposures are Finance. In contrast, EWU's top sector exposures are Finance, Consumer Non-Cyclicals and Energy. PBEU is less expensive with a Total Expense Ratio (TER) of 0.13%, versus 0.5% for EWU. PBEU is up 25.58% year-to-date (YTD) with +$362M in YTD flows. EWU performs worse with 10.65% YTD performance, and +$580M in YTD flows. Run a side-by-side ETF comparison of PBEU and EWU 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 EWU performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 09/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PBEU EWU	+1.20%-1.05%	+20.20%+4.50%	+25.58%+10.65%	n/a+17.37%	n/a+68.26%	n/a+76.37%
Flows	PBEU EWU	+$713K-$386M	-$156M-$28M	+$362M+$580M	-+$434M	--$154M	--$867M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PBEU EWU	+20.81%+11.65%	n/a+14.55%	n/a+14.17%	n/a+16.24%
Max drawdown	PBEU EWU	-3.49%-3.69%	n/a-10.03%	n/a-12.53%	n/a-24.74%
Max drawdown duration	PBEU EWU	9d17d	n/a150d	n/a38d	n/a427d

Trading data

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	PBEU	EWU
Last sale 9/11/2026 at 1:30 PM	$36.14	$47.94
Previous close 09/11/2026	$35.55	$47.53
Consolidated volume 09/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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	PBEU	EWU
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	PBEU	EWU
Last price	$36.14	$47.94
1D performance	+1.66%	+0.86%
AuM	$472.01 M	$3.71 B
E/R	0.13%	0.5%

Characteristics

	PBEU	EWU
Management strategy	Passive	Passive
Provider	Tidal	iShares
Benchmark	BITA European Banks Index	MSCI UK Index
N° of holdings	53	67
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 24, 2025	March 12, 1996
ESG	No	No

More PBEU data on Trackinsight

More EWU data on Trackinsight

Exposure

Countries

PBEU

United Kingdom

29.14%

Spain

19.87%

Italy

14.96%

France

9.76%

Other

26.27%

EWU

United Kingdom

93.59%

Other

6.41%

Sectors

PBEU

Finance

99.49%

Other

0.51%

EWU

Finance

26.82%

Consumer Non-Cycl.

15.48%

Energy

13.3%

Healthcare

12.92%

Industrials

10.18%

Other

21.31%

Diversification

PBEU

Total weight of top 15 holdings out of 15

74.79%

EWU

Total weight of top 15 holdings out of 15

64.94%

Top 15 holdings

Data as of July 31, 2026

PBEU

HSBC Holdings Plc

15.89%

Banco Santander SA

8.98%

Banco Bilbao Vizcaya Argentaria SA

6.85%

BNP Paribas SA

5.54%

UniCredit SpA

5.53%

Intesa Sanpaolo SpA

4.47%

ING Groep NV

4.44%

Lloyds Banking Group Plc

4.11%

Barclays PLC

3.85%

Société Générale SA

3.02%

Nordea Bank Abp

2.98%

CaixaBank SA

2.45%

NatWest Group Plc

2.43%

Standard Chartered Plc

2.36%

Commerzbank AG

1.89%

EWU

HSBC Holdings Plc

11.26%

AstraZeneca PLC

7.94%

Shell Plc

7.69%

Rolls-Royce Holdings Plc

5.07%

Unilever Plc

4.37%

British American Tobacco plc

3.78%

BP Plc

3.52%

GSK Plc

3.25%

Rio Tinto Plc

3.14%

Barclays PLC

2.89%

Lloyds Banking Group Plc

2.78%

BAE Systems Plc

2.48%

National Grid Plc

2.43%

NatWest Group Plc

2.25%

Glencore Plc

2.09%

Frequently asked questions about PBEU and EWU

How have the PBEU and EWU ETFs performed in 2026?

As of September 11, 2026, PBEU is up 25.58% year-to-date (YTD), while EWU has returned 10.65%. That puts PBEU better performer ahead so far this year.

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

Year-to-date, the PBEU ETF saw +$362M in flows, compared to +$580M for EWU.

Which ETF is bigger: PBEU or EWU?

As of September 11, 2026, PBEU holds $472.01 M in assets under management (AUM), while EWU manages $3.71 B.

What sectors do the PBEU and EWU ETFs invest in?

PBEU leans toward sectors like Finance. Meanwhile, EWU focuses on Finance, Consumer Non-Cyclicals and Energy.

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

PBEU top holdings include HSBC Holdings Plc, Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA. EWU holds in its top three: HSBC Holdings Plc, AstraZeneca PLC and Shell Plc.

Which ETF is more diversified: PBEU or EWU?

PBEU holds 53 securities with 74.79% of its assets in the top 15. EWU has 67 securities and a top 15 weight of 64.94%.

An introduction to Country-Based ETFs

July 7, 2022

EWU

PBEUvsEWUETF Comparison

Portfolio Building Block European Banks Index ETF

iShares MSCI United Kingdom ETF

PBEU vs EWU performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PBEU and EWU ETFs performed in 2026?

As of September 11, 2026, PBEU is up 25.58% year-to-date (YTD), while EWU has returned 10.65%. That puts PBEU better performer ahead so far this year.

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

Year-to-date, the PBEU ETF saw +$362M in flows, compared to +$580M for EWU.

Which ETF is bigger: PBEU or EWU?

As of September 11, 2026, PBEU holds $472.01 M in assets under management (AUM), while EWU manages $3.71 B.

What sectors do the PBEU and EWU ETFs invest in?

PBEU leans toward sectors like Finance. Meanwhile, EWU focuses on Finance, Consumer Non-Cyclicals and Energy.

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

PBEU top holdings include HSBC Holdings Plc, Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA. EWU holds in its top three: HSBC Holdings Plc, AstraZeneca PLC and Shell Plc.

Which ETF is more diversified: PBEU or EWU?

PBEU holds 53 securities with 74.79% of its assets in the top 15. EWU has 67 securities and a top 15 weight of 64.94%.

An introduction to Country-Based ETFs

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up