Among countries, Germany falls by 0.5 percentage points. Top-ten concentration was stable.
This page pictures the ETF’s basket, not the index. Because the fund uses optimised replication, portfolio changes reflect how the replication is implemented and do not necessarily coincide with the official index reviews.
Source: basket file published by the issuer, as of 6 Aug and 31 Aug; snapshots archived by Rebalix on 7 Aug and 2 Sept.
For this update we have no whole-basket comparison: the change happened before the first complete snapshot on record. Here we compare the top 20 holdings of the two snapshots (6 Aug → 31 Aug). The whole-basket comparison starts with the next monthly run. The holding-by-holding comparison is therefore limited to the top 20; the total number of positions, sectors and countries come from the aggregate breakdowns the issuer declares in the two snapshots.
Source: basket file published by the issuer, as of 6 Aug and 31 Aug; snapshots archived by Rebalix on 7 Aug and 2 Sept.
Weight of each holding in the basket at the two snapshots. Together the top 10 weigh 29.4% → 29.5% (Δ +0.0 p.p.). Union of the two top-10 lists: 13 holdings, because 3 entered and 3 left the top 10.
| Holding | 6 Aug | 31 Aug |
|---|---|---|
| SCHNEIDER ELECTRIC SE MTN RegS | 2.8% | 3.1% |
| EAST JAPAN RAILWAY COMPANY MTN RegS | 3.3% | 3.1% |
| ORANGE SA MTN RegS | 2.8% | 3.1% |
| NOVO NORDISK FINANCE NETHERLANDS B MTN RegS | 3.2% | 3.0% |
| VERIZON COMMUNICATIONS INC — enters the top 10 (enters top 10) | 2.6% | 2.9% |
| MERCEDES-BENZ GROUP AG MTN RegS | 2.9% | 2.9% |
| ALPHABET INC | 3.1% | 2.9% |
| BOUYGUES SA RegS — enters the top 10 (enters top 10) | 2.6% | 2.9% |
| HEINEKEN NV MTN RegS — enters the top 10 (enters top 10) | 2.6% | 2.9% |
| DIGITAL EURO FINCO LLC RegS | 3.0% | 2.8% |
| NTT FINANCE CORP RegS — leaves the top 10 (leaves top 10) | 3.0% | 2.8% |
| AT&T INC — leaves the top 10 (leaves top 10) | 2.8% | 2.7% |
| MSD NETHERLANDS CAPITAL BV — leaves the top 10 (leaves top 10) | 2.8% | 2.6% |
Source: aggregate breakdowns declared by the issuer in the two snapshots (6 Aug and 31 Aug).
Bars scaled to the change: orange = up, grey = down. Basket percentages at the two snapshots.
The five countries that moved the most between the two snapshots.
| Country | 6 Aug | 31 Aug |
|---|---|---|
| United States | 37.4% | 37.9% |
| France | 17.0% | 17.3% |
| Germany | 14.3% | 13.8% |
| United Kingdom | 12.6% | 12.7% |
| Japan | 6.2% | 5.9% |
| Netherlands | 5.1% | 5.3% |
| Denmark | 3.2% | 3.0% |
| Switzerland | 2.2% | 2.1% |
| Australia | 1.9% | 1.8% |
| Ireland | 0.2% | 0.3% |
| European Union | 0.1% | 0.0% |
Source: issuer factsheet with data as of 20 Aug; preserved in Rebalix’s monthly registry snapshot (2026-09).
Issuer-declared breakdowns, preserved in Rebalix’s monthly registry snapshots (as of 20 August 2026). Labels and order are the issuer document’s.
Source: daily NAV series published by the issuer.
5.03 → 4.95: −1.6% from 6 Aug to 31 Aug, the last NAV available at each snapshot date.
21 mln € → 21 mln € (issuer’s daily series).
Source: issuer KID (costs as of 2 Sept); Rebalix events register.