← Search another ETF⎙ Printable sheet (PDF)
ETF sheet · Issuer-declared data
🇮🇹 Effective capital-gains rate: 26.00%details →

Invesco MSCI Europe Equal Weight UCITS ETF DistIndex, costs, backtest, listings and taxation

ISIN: IE000VDI16Q5Ticker: MEWD (Xetra)Issuer: InvescoClass: Dist
Issuer-declared data
Declared index
MSCI Europe Equal Weighted Index
TER
0.20%
Transaction costs
0.07% (issuer estimate, from the KID)
Management
Passive (index-tracking)
Replication
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
275.1 mln EUR
NAV
72.82 EUR (1 September 2026)
Domicile
Ireland
Inception date
4 March 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.
📬 Follow the engine as we build it

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Description

Invesco MSCI Europe Equal Weight UCITS ETF Dist tracks the issuer-declared index: MSCI Europe Equal Weighted Index. The declared annual cost (TER) is 0.20%, plus 0.07% in transaction costs estimated by the issuer in the KID. Replication is physical replication (it buys the index constituents); income is distributed to investors. The fund has assets of about 275 million euro, was launched on 4 March 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

Investment objective: The investment objective of the Fund is to provide exposure to the performance of equally weighted large and mid-capitalisation companies in European developed markets.

Keep reading the KID section ▾

Intended Retail InvestorThe Fund is intended for investors aiming for income and 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). Investment approach: The Fund is a passively managed ETF. The Fund aims to achieve the net total return performance of the MSCI Europe Equal Weighted Index (the "Index") less fess, expenses and transactions costs. To achieve the investment objective, the Fund will employ a replication method that looks to invest as far as possible and practicable in the constituents of 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. 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 an equal-weighted version of the MSCI Europe Index (the "Parent Index"). The Index is constructed from the Parent Index by including the same constituent securities of the Parent Index, but equally weighting each company at each rebalancing date, rather than weighting companies by float-adjusted market capitalization. For companies represented by multiple securities in the Index, the weight of those securities will be free-float adjusted weighted across the respective company weight. The Index is rebalanced on a quarterly basis.

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 Mar 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+23.5%
Annualised
+15.2%
Volatility (ann.)
13.2%
Max drawdown
-14.17%
-16%-4%+7%+18%+29%Mar 2025Jul 2025Dec 2025Apr 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%)+24%Mar 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%20252026−14.17% · 09 Apr 2025
Max drawdown
-14.17%
peak → trough
Trough
09 Apr 2025
from the 06 Mar 2025 peak
Recovery time
33 days
recovery only: trough to break-even
Underwater
67 days
decline + recovery: peak to break-even · ≈ 2 months · → recovered on 12 May 2025

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
06 Mar 202509 Apr 2025-14.17%12 May 202567
27 Feb 202620 Mar 2026-8.92%17 Apr 202649
12 Nov 202518 Nov 2025-4.08%18 Dec 202536
17 Apr 202629 Apr 2026-3.96%25 May 202638
22 Aug 202502 Sept 2025-3.77%08 Oct 202547

Calendar-year returns

2025
10.5%
2026
11.8%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20262.44.4-7.14.83.30.92.41.2-0.711.8
20251.05.2-0.91.20.70.42.40.12.510.5
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.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
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

Last yearFull history
Volatility (ann.)11.30%13.23%
Max drawdown-9.04%-14.17%
Sharpe1.170.74
Sortino1.721.00
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: 2.20%), 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
388
Top-10 weight
2.9%

Top 10 holdings

SALMAR ASA NOK0.25
0.30%
NIBE INDUSTRIER AB SEK NPV
0.29%
Novonesis ( Novozymes ) B DKK 2
0.29%
RECKITT BENCK GRP GBP 0.10416667
0.29%
PANDORA A/S DKK0.01
0.29%
NEMETSCHEK SE NPV
0.29%
Metso Corporation EUR NPV
0.29%
STORA ENSO OYJ-R SHS EUR1.7
0.29%
DSM-FIRMENICH AG EUR 0.0100
0.28%
ZALANDO SE NPV
0.28%
Download the full portfolio — Excel, 388 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 →

Dividends

Latest dividend
1.141 EUR
ex 11 Jun 2026 · paid 18 Jun 2026
Dividends, last 12 months
1.71 EUR
Dividend yield
2.34%
12-month sum over the NAV as of 3 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year1.71 EUR2.72 %

Dividend contribution to total return

0%10%20%+18.94 %1 year
dividendsprice changeprice decline

Calendar per share (EUR)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.091.140.37
20251.120.270.20

Latest dividends

Per shareEx-dividend dateRecord datePayment
0.3743 EUR10 Sept 2026 · announced11 Sept 202617 Sept 2026
1.141 EUR11 Jun 202612 Jun 202618 Jun 2026
0.092 EUR12 Mar 202613 Mar 202619 Mar 2026
0.2016 EUR11 Dec 202512 Dec 202518 Dec 2025
0.2709 EUR11 Sept 202512 Sept 202518 Sept 2025
1.1244 EUR12 Jun 202513 Jun 202520 Jun 2025
Per-share dividends as declared by the issuer, in EUR, since the first payment (12 Jun 2025). Past dividends are not indicative of future ones.

ETFs declaring the same index

FundTERIncomeFund size
MEEQ · Invesco
0.20%Acc.275 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
Börse DüsseldorfMEWD10 Mar 2025
Börse FrankfurtMEWD7 Mar 2025
Börse HamburgMEWD2 Sept 2025
Börse HannoverMEWD4 Jun 2025
Börse München / gettexMEWD10 Mar 2025
Börse StuttgartMEWD26 Mar 2025
Tradegate ExchangeMEWD13 Mar 2025
Xetra (Deutsche Börse)MEWD7 Mar 2025
+ 10 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 MSCI Europe Equal Weight UCITS ETF Dist track?
The issuer Invesco declares the benchmark: MSCI Europe Equal Weighted Index.
How much does MEWD cost?
The issuer-declared TER is 0.20% per year; the transaction costs estimated in the KID are 0.07%.
How is MEWD 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 MEWD?
The fund size declared by Invesco is about 275 million euro.
When was MEWD launched?
The fund was launched on 4 March 2025: it has 1 year of history.
How does MEWD replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Physical”).
Does MEWD pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distributing (Quarterly)”).
Where does MEWD trade?
Per the official ESMA register it trades on 8 main exchanges, including Börse Düsseldorf (MEWD), Börse Frankfurt (MEWD), Börse Hamburg (MEWD), Börse Hannover (MEWD), Börse München / gettex (MEWD), Börse Stuttgart (MEWD).
What was MEWD's worst fall?
Over the available history (since 2025), the maximum drawdown was -14.17%, reached in April 2025. Past performance is not indicative of future results.
How many securities does MEWD hold?
The declared portfolio holds 388 securities; the top 10 positions weigh 2.9%.
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.