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Amundi MSCI Europe Screened UCITS ETF AccIndex, costs, backtest, listings and taxation

ISIN: LU3086388124Ticker: EUSC (Euronext Paris)Issuer: AmundiClass: UCITS ETF Acc
Issuer-declared data
Declared index
MSCI Europe Screened Select ex Thermal Coal Net EUR Index
TER
0.12%
Transaction costs
0.20% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Fund assets
641.3 mln EUR
NAV
5.95 EUR (1 September 2026)
Domicile
Luxembourg
Inception date
9 September 2025
Data as declared by Amundi in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Amundi MSCI Europe Screened UCITS ETF Acc tracks the issuer-declared index: MSCI Europe Screened Select ex Thermal Coal Net EUR Index. The declared annual cost (TER) is 0.12%, plus 0.20% in transaction costs estimated by the issuer in the KID. Replication is direct physical replication; income is accumulated and reinvested in the fund. The fund has assets of about 641 million euro, was launched on 9 September 2025 and is domiciled in Luxembourg.

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

This Sub-Fund is passively managed. The Sub-Fund is a financial product that promotes among other characteristics environmental and/or social characteristics characteristics pursuant to Article 8 of the Disclosure Regulation, as further described in Annex 1 - ESG Related Disclosures to this Prospectus, replicating an Index integrating an environmental, social and governance (ESG) rating. The objective of this Sub-Fund is to track the performance of the MSCI Europe Screened Select ex Thermal Coal Index (the "Index") and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The anticipated level of the tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. The Index is an equity index based on the MSCI Europe Index (the "Parent Index") representative of the large and mid-cap stocks across 15 developed markets countries in Europe. Additionally, the Index excludes companies from the Parent Index based on ESG criteria and targets a minimum 30% reduction in greenhouse gas emission intensity relative to its Parent Index. The Index constituents are selected by applying a combination of value-based exclusions and an iterative process to reduce the carbon emission intensity relative to its Parent Index, as further described in Annex 1 - ESG Related Disclosures to this Prospectus. The remaining securities are weighted in proportion to their free-float-adjusted market capitalization. The exposure to the Index will be achieved through a Direct Replication, mainly by making direct investments in transferable securities and/or othereligible assets representing the Index constituents in a proportion extremely close to their proportion in the Index. The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and also if it allows a better exposition to an Indexconstituent. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending operations. The MSCI Index methodology, composition, revision rules and additional information concerning the Index underlying components are available on msci.com.

Keep reading the KID section ▾

Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.

Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the Amundi Index Solutions prospectus.

Distribution policy:As this is a non-distributing share class, investment income is reinvested. the accumulation share automatically retains, and reinvests, all attributable income within the Sub-Fund; thereby accumulating value in the price of the accumulation shares.

More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Luxembourg S.A. at 5, allée Scheffer 2520 Luxembourg, Luxembourg.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.12%: below the median of equity ETFs we track (0.22%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

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 Sept 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+19.4%
Annualised
+19.5%
Volatility (ann.)
12.6%
Max drawdown
-9.74%
-3%+4%+11%+18%+25%Sept 2025Dec 2025Mar 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%)+19%Sept 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%-2%-4%-6%-8%-10%20252026−9.74% · 20 Mar 2026
Max drawdown
-9.74%
peak → trough
Trough
20 Mar 2026
from the 27 Feb 2026 peak
Recovery time
66 days
recovery only: trough to break-even · ≈ 2 months
Underwater
87 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
27 Feb 202620 Mar 2026-9.74%25 May 202687
12 Nov 202519 Nov 2025-4.07%19 Dec 202537
03 Jul 202608 Jul 2026-2.56%04 Aug 202632
10 Aug 202602 Sept 2026-2.27%ongoing29
27 Oct 202507 Nov 2025-2.12%11 Nov 202515

Calendar-year returns

2025
7.0%
2026
11.6%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20263.23.5-8.15.33.63.30.80.5-0.411.6
20252.40.52.87.0
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: Amundi. 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 year
Volatility (ann.)12.62%
Max drawdown-9.74%
Sharpe1.28
Sortino1.99
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: 2.21%), 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
366
Top-10 weight
23.1%

Top 10 holdings

ASML HOLDING NV · ASML NA
5.18%
HSBC HOLDINGS PLC · HSBA LN
2.86%
ROCHE HOLDING AG - GENUSSS CHF · ROP SE
2.41%
NOVARTIS AG-REG · NOVN SE
2.37%
ASTRAZENECA GBP · AZN LN
1.96%
SIEMENS AG-REG · SIE GY
1.87%
SAP SE / XETRA · SAP GY
1.73%
BANCO SANTANDER SA MADRID · SAN SM
1.67%
ALLIANZ SE-REG · ALV GY
1.60%
SCHNEIDER ELECT SE · SU FP
1.47%

Sectors

Financials
28.9%
Industrials
20.0%
Health Care
14.4%
Information Technology
10.2%
Consumer Discretionary
5.6%
Utilities
5.1%
Materials
5.0%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustria: 0.7%AzerbaijanBurundiBelgium: 2%BeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerland: 13.5%ChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 13.1%DjiboutiDenmark: 3%Dominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 6.3%EstoniaEthiopiaFinland: 2.1%FijiFalkland IslandsFrance: 16.7%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIreland: 0.7%IranIraqIcelandIsraelItaly: 5.5%JamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 10%Norway: 0.8%NepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugal: 0.3%ParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSweden: 6.1%SwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of AmericaUzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United Kingdom19.3%
France16.7%
Switzerland13.5%
Germany13.1%
Netherlands10%
Spain6.3%
Sweden6.1%
Download the full portfolio — Excel, 368 rows
Full portfolio declared by Amundi, 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 →

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
Euronext ParisEUSC18 Sept 2025
+ 15 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 Amundi MSCI Europe Screened UCITS ETF Acc track?
The issuer Amundi declares the benchmark: MSCI Europe Screened Select ex Thermal Coal Net EUR Index.
How much does EUSC cost?
The issuer-declared TER is 0.12% per year; the transaction costs estimated in the KID are 0.20%.
How is EUSC 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 EUSC?
The fund size declared by Amundi is about 641 million euro.
When was EUSC launched?
The fund was launched on 9 September 2025: it has 1 year of history.
How does EUSC replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Direct(Physical)”).
Does EUSC pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Capitalisation”).
What was EUSC's worst fall?
Over the available history (since 2025), the maximum drawdown was -9.74%, reached in March 2026. Past performance is not indicative of future results.
How many securities does EUSC hold?
The declared portfolio holds 366 securities; the top 10 positions weigh 23.1%.
Transparency note
The data in this sheet is declared by Amundi 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.