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Even European ETF Investors Don’t Like Europe Stocks Much

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Pulling up a list of the 10 biggest ETFs in Europe offers some unexpected results: not a single fund centered on European stocks rounds out the docket.

Instead, there are a few exchange-traded funds tracking the S&P 500, gold and emerging markets. There’s even a fund focused on environmental, social and governance factors in the mix, according to data compiled by Bloomberg. The first Europe-centric equities fund on the list comes in at the 22nd spot.

Still, there is the view that Europe ETF investors aren’t giving up on the continent’s stocks. Instead, they seem to be using ETFs to get broader diversification, said Jane Edmondson, co-founder of EQM Indexes.

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