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PBEUvsIEVETF 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
IEV

iShares Europe ETF

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

Portfolio Building Block European Banks Index ETF (PBEU) and iShares Europe ETF (IEV) 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 0.6% for IEV. PBEU is down -2.66% year-to-date (YTD) with +$454M in YTD flows. IEV performs better with -0.4% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of PBEU and IEV 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 IEV 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

0100,000,000200,000,000300,000,000400,000,000Feb 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
IEV
-7.85%-5.98%
+0.95%+1.52%
-2.66%-0.40%
n/a+19.16%
n/a+56.65%
n/a+57.19%
Flows
PBEU
IEV
+$406M-
+$454M+$17M
+$454M-
--$564M
--$894M
--$540M
Volatility and drawdown
3M1Y3Y5Y
Volatility
PBEU
IEV
+27.76%+14.72%
n/a+16.29%
n/a+14.48%
n/a+16.81%
Max drawdown
PBEU
IEV
-13.43%-8.06%
n/a-14.10%
n/a-14.10%
n/a-30.63%
Max drawdown duration
PBEU
IEV
36d15d
n/a44d
n/a44d
n/a700d
Trading data

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PBEU
IEV
Last sale
3/13/2026 at 1:30 PM
$26.42
$67.39
Previous close
03/12/2026
$27.06
$68.28
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
IEV
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
IEV
Last price
$26.42
$67.39
1D performance
-2.39%
-1.30%
AuM$433.66 M$1.64 B
E/R0.13%0.6%
Characteristics
PBEU
IEV
Management strategyPassivePassive
ProviderTidaliShares
BenchmarkBITA European Banks IndexS&P Europe 350 Index
N° of holdings45334
Asset class-Equities
Trailing 12m distribution yield
Join
Join
Inception dateNovember 24, 2025July 25, 2000
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%
IEV
United Kingdom
22.78%
Switzerland
14.59%
France
14.1%
Germany
13.88%
Netherlands
10.06%
Other
24.59%

Sectors

PBEU
Financials
91.98%
Other
8.02%
IEV
Financials
23.35%
Industrials
18.11%
Health Care
11.04%
Information Techn.
8.36%
Consumer Staples
7.86%
Consumer Discreti.
7.77%
Other
23.52%
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Diversification

PBEU

Total weight of top 15 holdings out of 15

75.76%
IEV

Total weight of top 15 holdings out of 15

26.34%

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%
IEV
ASML HOLDING
3.99%
ROCHE
2.29%
HSBC HOLDINGS
2.17%
ASTRAZENECA
2.07%
NOVARTIS
2.04%
NESTLE SA
1.78%
SIEMENS
1.62%
SHELL PLC
1.60%
SAP SE
1.45%
DK0062498333
1.36%
BANCO SANTANDER SA
1.36%
ALLIANZ SE
1.23%
LVMH MOET HENNESSY LOUIS VUITT
1.19%
SCHNEIDER ELECTRIC SE
1.13%
TOTALENERGIES SE
1.06%
Frequently asked questions about PBEU and IEV

How have the PBEU and IEV ETFs performed in 2026?

As of March 11, 2026, PBEU is down -2.66% year-to-date (YTD), while IEV has lost -0.4%. That puts IEV better performer ahead so far this year.

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

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

Which ETF is bigger: PBEU or IEV?

As of March 11, 2026, PBEU holds $433.66 M in assets under management (AUM), while IEV manages $1.64 B.

What sectors do the PBEU and IEV ETFs invest in?

PBEU leans toward sectors like Financials. Meanwhile, IEV focuses on Financials, Industrials and Health Care.

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

PBEU top holdings include HSBC HOLDINGS, BANCO SANTANDER SA and BBVA. IEV holds in its top three: ASML HOLDING, ROCHE and HSBC HOLDINGS.

Which ETF is more diversified: PBEU or IEV?

PBEU holds 48 securities with 75.76% of its assets in the top 15. IEV has 365 securities and a top 15 weight of 26.34%.

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