Amundi Core Stoxx Europe 600 UCITS ETF (Acc) (MEUD) ETF Price, Holdings & Analysis

What MEUD does

Amundi Core Stoxx Europe 600 UCITS ETF (Acc) (MEUD) tracks the Stoxx Europe 600 Index, giving exposure to large, mid and small-cap equities across Europe. It is listed on Euronext Paris and classified as a Europe equity ETF. The fund is managed by Amundi Luxembourg S.A. and was launched on Oct 18, 2024. It is an accumulating ETF, meaning dividends are reinvested in the fund rather than paid out in cash.

MEUD sits alongside other broad European equity funds such as iShares Core MSCI Europe UCITS ETF (Acc) (IMEU) and Vanguard FTSE Developed Europe UCITS ETF (VEUR), which investors often compare when building a Europe-focused allocation.

Key numbers explained

• Price 315.85 EUR: the latest market price per share on Euronext Paris.
• Price change today -0.35%: the share moved down by 0.35% on the current trading day.
• Trailing P/E ratio 17.8: the P/E ratio shows how much investors pay per euro of the fund's recent earnings; a lower number can suggest a cheaper valuation relative to earnings.
• Dividend yield 0%: the dividend yield is the annual dividend income per share expressed as a percentage of the price; 0% reflects the accumulating structure, which reinvests rather than distributes cash.
• 52-week range 263.64 – 326.7: the lowest and highest prices seen over the past 52 weeks, showing the recent trading band.
• Top holdings: the largest positions are ASML Holding NV 4.2%, HSBC Holdings PLC 2.3%, Roche Holding AG Ordinary Shares new 2%, Novartis AG Registered Shares 1.9%, and Shell PLC 1.6%.
• Top sectors: financial services 26%, industrials 20%, healthcare 12%, technology 9%.

What to watch

• Sector mix: financial services and industrials together make up a large share, so the ETF can be sensitive to changes in European banking, economic growth and industrial cycles.
• Concentration in top holdings: the largest names account for a meaningful share, meaning the fund's performance can be influenced by a few individual companies.
• Tracking the Stoxx Europe 600 Index: the ETF aims to follow this index, so its performance depends on how broadly European equities perform.
• Accumulating vs distributing: because MEUD accumulates dividends, it may suit investors who prefer automatic reinvestment over regular cash payouts.
• Broader portfolio context: investors often pair a Europe equity ETF with a global equity fund such as iShares Core S&P 500 UCITS ETF (Acc) (CSPX) or a bond fund such as iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (AGGH) to diversify across regions and asset classes.