Summary
Invesco STOXX Europe 600 Optimised Health Care UCITS ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 42. The ten largest make up 66% of the fund.
- Yearly costs
- 0.20%
- Fund size
- 15.0M €
- Positions
- 42
- Dividends
- Reinvested
- Running since
- 2009
What speaks for it
- Costs of 0.20% a year are below the middle of comparable funds (0.44%).
- Average yearly growth over the last ten years: 8.1%.
- It has been running since 2009.
What to watch
- The ten largest positions make up 66% of the fund, so its result rests on a few names.
- 98% of the fund is in one sector (Healthcare).
- A small fund with 15.0M € under management; small funds get closed more often.
- It trades little: only about 34.5K € changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +16%
- 3 months
- +9.5%
- This year
- +12%
- 1 year
- +19%
- 3 years
- +34%
- 5 years
- +28%
- 10 years
- +118%
- Avg. market cap
- $136.9B
- P/E
- 24.2x
- Forward P/E
- 17.1x
- P/S
- 3.2x
- P/B
- 3.4x
- P/FCF
- 19.8x
- EV/EBITDA
- 13.1x
- Dividend yield
- 1.46%
- ROIC
- 13.0%
- ROE
- 18.6%
- Gross margin
- 65.8%
- Operating margin
- 97.2%
- Net margin
- 120.4%
- Payout ratio
- 35.2%
- Net debt/EBITDA
- 1.3x
- Beta
- 0.96
Weighted average of the 36 largest companies, which make up 78% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 RORoche Holding AG ROP.SW 11%
- 2 NONovartis AG NOVN.SW 11%
- 3 ASTRAZENECA ORD 10%
- 4 NONovo Nordisk A/S NOVO-B.CO 7.2%
- 5 GSK ORD 7.0%
- 6 SASanofi SAN.PA 6.3%
- 7 ELEssilorLuxottica EL.PA 4.3%
- 8 LOLonza Group AG LONN.SW 3.6%
- 9 BABayer AG BAYN.DE 3.4%
- 10 HALEON ORD 3.0%
Positions in the fund: 42. The ten largest make up 66% of it.
Composition as of Nov 6, 2026.
Where is it spread?
One sector dominatesBy sector
- Healthcare 98%
- Basic materials 1.6%
By country
- Switzerland 34%
- United Kingdom 22%
- Denmark 12%
- France 12%
- Other countries 20%
By company size
- Mega cap 27%
- Large cap 71%
- Mid cap 1.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 78% of the fund.
Largest sector: Healthcare (98%). Largest country: Switzerland (34%). Largest size group: Large cap (71%).
What does it cost me?
Cheap- A year from 10,000 €
- 20.00 €
- Over 20 years
- 993 €
From every 10,000 € invested the fund takes 20.00 € a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about 993 €.
How has it done?
Growing over the long run- A year on average, 10 years
- +8.1%
- Deepest drop
- -22%
- Yearly volatility
- 17%
Average yearly growth over the last ten years: 8.1%. Deepest drop in these years: 22% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- 34.5K €
- Shares a day
- 74
On an average day about 34.5K € of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 24.2
- Average Bulios Score
- 62 out of 100
Weight by Bulios Fair Price
- Undervalued 34%
- Fairly valued 18%
- Overvalued 48%
On average the companies inside trade for 24.2 times their yearly profit. By Fair Price, 48% of the rated weight comes out as overvalued.
Counted from its largest companies (36), which make up 78% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SP SPYH.DE State Street SPDR MSCI Europe Health Care UCITS ETF | Ireland | 0.18% | $735.6M | +21% | Reinvests | 84% |
ST STW.PA State Street SPDR MSCI Europe Health Care UCITS ETF | Ireland | 0.18% | $735.7M | +21% | Reinvests | 84% |
DX DXSE.DE Xtrackers MSCI Europe Health Care Screened UCITS ETF 1C | Luxembourg | 0.17% | $397.4M | +21% | Reinvests | 84% |
EX EXV4.DE iShares STOXX Europe 600 Health Care UCITS ETF (DE) | Germany | 0.46% | $820.5M | +18% | Pays out | 82% |
ES ESIH.DE iShares MSCI Europe Health Care Sector UCITS ETF | Ireland | 0.18% | $1.06B | +21% | Reinvests | 81% |
XZ XZEC.DE Xtrackers Stoxx European Market Leaders UCITS ETF Accum -1C- EUR | Ireland | 0.25% | $8.22M | +13% | Reinvests | 37% |