SPDR Euro Stoxx 50 ETFFEZDON'T BUYMar 14, 2016Stock price when the opinion was issued
As of Jun 26, 2026. Market Open.
Prefers the Vanguard FTSE Europe ETF (VGK-N) because the FEZ is basically euro stocks and is not all of Europe. It has the largest 50 but does not include the UK. Prefers something a little more diversified. Nothing wrong with this if you don’t have a problem with it being just euro. (See Top Picks.)
Likes Europe. Thinks it will actually be pretty attractive in 2014. Could actually be the leading broad index, and could do it little bit better than the US and Canada. He has chosen to be in a bit of a broader European index, the Euro 350. If you own this, he thinks you will have another great year. (See Top Picks.)
FEZ-N vs. VGK-N. Europe is cheap, in relative value terms, but he thinks there is another leg down so is not putting new money into Europe right now. He is defensive over all. He likes the ZEW-T because of hedging and covered call.