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Invesco EURO STOXX 50 Equal Weight UCITS ETF AccIndex, costs, backtest, listings and taxation

ISIN: IE00067X7JX0Ticker: SXEW (Borsa Italiana) · EWSX (Xetra) · SXEW (London SE) · SXEW (SIX)Issuer: InvescoClass: Acc
Issuer-declared data
Declared index
EURO STOXX 50 Equal Weight Total Return (Net) Index
TER
0.20%
Transaction costs
0.08% (issuer estimate, from the KID)
Management
Passive (index-tracking)
Replication
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
2.2 mln EUR
NAV
5.65 EUR (1 September 2026)
Domicile
Ireland
Inception date
25 November 2025
Data as declared by Invesco in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Invesco EURO STOXX 50 Equal Weight UCITS ETF Acc tracks the issuer-declared index: EURO STOXX 50 Equal Weight Total Return (Net) Index. The declared annual cost (TER) is 0.20%, plus 0.08% in transaction costs estimated by the issuer in the KID. Replication is physical replication (it buys the index constituents); income is accumulated and reinvested in the fund. The fund has assets of about 2 million euro, was launched on 25 November 2025 and is domiciled in Ireland. In our registry it is the largest by assets among the 2 ETFs declaring the same index.

The fund’s objective — in the issuer’s words

Redemption and Dealing of Shares:The Fund's shares are listed on one or more Stock Exchange(s). Investors can buy or sell shares daily through an intermediary directly or on Stock Exchange(s) on which the shares are traded. In exceptional circumstances investors will be permitted to redeem their shares directly from the Umbrella Fund in accordance with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges. Investment objective: The objective of the Fund is to provide exposure to the performance of equally weighted large capitalisation companies in the Eurozone. Investment approach: The Fund is a passively managed ETF. To achieve the investment objective, the Fund will seek to replicate the net total return performance of the EURO STOXX 50 Equal Weight Index (the "Index") less fees, expenses and transactions costs. The Fund will, as far as possible and practicable, replicate the Index by holding all the securities in the Index in a similar proportion to their respective weightings in the Index. The Fund may use derivative instruments for the purposes of managing risk, reducing costs, generating additional capital or income. The Fund may engage in securities lending, whereby 90% of the revenues arising from securities lending will be returned to the Fund and 10% of the revenues will be retained by the securities lending agent. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. The Fund’s base currency is EUR.

Keep reading the KID section ▾

Intended Retail InvestorThe Fund is intended for investors aiming for long term capital growth, who may not have specific financial expertise but are able to make an informed investment decision based on this document, the supplement, and the prospectus, have a risk appetite consistent with the risk indicator displayed below and understand that there is no capital guarantee or protection (100% of capital is at risk). Practical Information Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, Ireland. Find out more: This document is specific to the Fund. Further information about the Fund can be obtained from the supplement, the prospectus, annual and interim reports. The prospectus, annual and interim reports are prepared for the Umbrella Fund, of which the Fund is a sub-fund. These documents are available free of charge in English. They can be obtained along with other information, such as share prices, at https://etf.invesco.com (select your country and navigate to the Documents section on the product page), or by calling +353 1 439 8000. The assets of the Fund are segregated as a matter of Irish law and as such, in Ireland, the assets of one sub-fund will not be available to satisfy the liabilities of another sub-fund. This position may be considered differently by the courts in jurisdictions outside of Ireland. Subject to satisfying certain criteria as set out in the prospectus, investors may be able to exchange their investment in the Fund for shares in another sub-fund of the Umbrella which is being offered at that time. The Index: The Index is designed to represent an equal-weighted version of the EURO STOXX® 50 Index (the "Parent Index"). The Parent Index represents the performance of the 50 largest blue-chip companies in the Eurozone based on freefloat market capitalisation. The Index is constructed from the same stocks as the Parent Index and all changes affecting the Parent Index also apply to the Reference Index. However, a different weighting scheme is applied to the Index whereby each company is equally weighted at each rebalancing date, rather than weighting companies by float-adjusted market capitalisation.

From the KID’s “Objectives” section · 14 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · EUR · from Nov 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+13.1%
Annualised
+17.3%
Volatility (ann.)
14.3%
Max drawdown
-10.23%
-6%+0%+7%+13%+19%Nov 2025Feb 2026Apr 2026Jun 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+13%Nov 2025Sept 2026
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-5%-10%-15%-20%20252026−10.23% · 20 Mar 2026
Max drawdown
-10.23%
peak → trough
Trough
20 Mar 2026
from the 26 Feb 2026 peak
Recovery time
66 days
recovery only: trough to break-even · ≈ 2 months
Underwater
88 days
decline + recovery: peak to break-even · ≈ 3 months · → recovered on 25 May 2026

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
26 Feb 202620 Mar 2026-10.23%25 May 202688
03 Jul 202623 Jul 2026-3.14%30 Jul 202627
15 Jan 202621 Jan 2026-2.80%10 Feb 202626
25 May 202610 Jun 2026-2.34%15 Jun 202621
10 Aug 202602 Sept 2026-2.32%ongoing24

Calendar-year returns

2025
3.8%
2026
9.0%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20260.63.6-8.55.62.91.92.51.1-0.49.0
20252.43.8
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Source: Invesco. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Risk indicators· EUR

Full history
Volatility (ann.)14.23%
Max drawdown-10.23%
Sharpe1.03
Sortino1.59
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.22%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
51
Top-10 weight
23.7%

Top 10 holdings

BAYER AG-REG NPV
2.59%
SAP SE NPV
2.50%
BANCO BILBAO VIZCAYA ARGENTA EUR0.49
2.44%
ADYEN NV EUR0.01
2.43%
DEUTSCHE BANK AG-REGISTERED NPV
2.43%
ING GROEP NV EUR0.01
2.31%
BANCO SANTANDER SA EUR0.5
2.28%
INTESA SANPAOLO NPV
2.26%
UNICREDIT SPA NPV
2.24%
ALLIANZ SE-REG NPV
2.24%

Sectors

Financials
29.2%
Industrials
18.0%
Consumer Discretionary
16.4%
Health Care
8.4%
Consumer Staples
7.2%
Information Technology
5.6%
Utilities
5.5%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgium: 1.8%BeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChina: 1.8%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 34%DjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 8.5%EstoniaEthiopiaFinland: 2.1%FijiFalkland IslandsFrance: 24.9%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItaly: 10.4%JamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 12.5%NorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 4%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
Germany34%
France24.9%
Netherlands12.5%
Italy10.4%
Spain8.5%
United States4%
Finland2.1%
Download the full portfolio — Excel, 51 rows
Full portfolio declared by Invesco, as of 1 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

ETFs declaring the same index

FundTERIncomeFund size
EWSD · Invesconot on Borsa Italiana
0.20%Dist.2 mln EUR
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)SXEW28 Nov 2025
Börse DüsseldorfEWSX28 Nov 2025
Börse FrankfurtEWSX28 Nov 2025
Börse HamburgEWSX19 Jun 2026
Börse HannoverEWSX12 May 2026
Börse München / gettexEWSX15 Apr 2026
Börse StuttgartEWSX12 Dec 2025
Tradegate ExchangeEWSX9 Dec 2025
Xetra (Deutsche Börse)EWSX28 Nov 2025
+ 11 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Invesco EURO STOXX 50 Equal Weight UCITS ETF Acc track?
The issuer Invesco declares the benchmark: EURO STOXX 50 Equal Weight Total Return (Net) Index.
How much does SXEW cost?
The issuer-declared TER is 0.20% per year; the transaction costs estimated in the KID are 0.08%.
How is SXEW taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of SXEW?
The fund size declared by Invesco is about 2 million euro.
When was SXEW launched?
The fund was launched on 25 November 2025: it has been trading for 284 days: the page fills up as the issuer publishes data.
How does SXEW replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Physical”).
Does SXEW pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating”).
Where does SXEW trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (SXEW), Börse Düsseldorf (EWSX), Börse Frankfurt (EWSX), Börse Hamburg (EWSX), Börse Hannover (EWSX), Börse München / gettex (EWSX).
What was SXEW's worst fall?
Over the available history (since 2025), the maximum drawdown was -10.23%, reached in March 2026. Past performance is not indicative of future results.
How many securities does SXEW hold?
The declared portfolio holds 51 securities; the top 10 positions weigh 23.7%.
Transparency note
The data in this sheet is declared by Invesco in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.