Description

HXX offers investors exposure to the performance of the largest 50 stocks listed in the Eurozone, providing a convenient way to diversify their portfolio and participate in the growth potential of European markets. The Solactive Europe 50 Rolling Futures Index comprises sector leaders in the Eurozone, offering exposure to companies that are prominent players in their respective industries, which can help mitigate single-stock risk and provide diversification benefits to an investment portfolio. This ETF is suitable for an investor looking for total return exposure to 50 of the largest companies that are sector leaders in the Eurozone, who can handle the ups and downs of the stock market, but is not looking for regular distributions. HXX seeks to replicate, to the extent possible, the performance of the Solactive Europe 50 Rolling Futures Index (Total Return), net of expenses. The Solactive Europe 50 Rolling Futures Index (Total Return) is designed to measure the performance of 50 of the largest companies that are sector leaders in the Eurozone.