May 11, 2021
Amid an impressive earnings boom, these should be go-go days for European equities. Price action says otherwise, indicating investors mulling exposure across the Atlantic might want to do so in non-dedicated form.
The
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (NYSE: QLVD) is a practical idea for investors looking to dip their toes into the waters of European equities without the all-in commitment of a dedicated Europe fund.
Data confirm European earnings are strong, highlighting a source of allure with QLVD.
“So far in earnings season, 60% of companies in the MSCI Europe index have beaten earnings per share (EPS) estimates by 5% or more, with 19% missing estimates the best ever rate since Morgan Stanley began gathering data in 2007. Financials and consumer discretionary companies posted the broadest beats so far in earnings season, they added,” reports Callum Keown for Barron’s.