Description

This ETF seeks to replicate the performance of the S&P Europe Ex-U.K. LargeMidCap (EUR) Index. This benchmark is specifically structured to track the financial performance of prominent and medium-sized companies operating across European markets, with the deliberate exclusion of those based in the United Kingdom. It provides comprehensive coverage, representing approximately 85% of the market's free-float capitalization. The individual components of the index are weighted based on their free-float adjusted market capitalization. While the index undergoes an annual review, potential changes, such as the inclusion of new stocks, are considered on a quarterly basis in March, June, September, and December. For an in-depth understanding of the index's design, including its selection criteria and weighting methodology, detailed information is available on the S&P Global website at https://www.spglobal.com/spdji/en/.