MSCI EMU Index

The MSCI EMU Index (European Economic and Monetary Union) captures large and mid cap representation across the Developed Markets countries in the EMU. The index covers approximately 85% of the free float-adjusted market capitalization of the EMU.

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Index code	106400
Index type	Equity
Benchmark administrator	MSCI LIMITED
Div Yld (%)	2.84
P/E	17.38
P/E Fwd	13.83
P/BV	2.23

Number of constituents	214
Index Market Cap	$7.20 T
Largest constituent Market Cap	$612.15 B
Smallest constituent Market Cap	$2.60 B
Average constituent Market Cap	$33.68 B
Median constituent Market Cap	$15.66 B
Does this benchmark pursue ESG objectives?	No

Data as of Oct. 30, 2026

		Annualized std dev (%)²	Sharpe ratio^2,3	Maximum drawdown
MSCI EMU Index	4.02	14.46	18.34	18.39	1.05	0.33	0.45	64.66	2007-10-31 - 2009-03-09
MSCI ACWI IMI Index	2.62	12.02	14.99	14.96	1.36	0.44	0.67	58.59	2007-10-31 - 2009-03-09

Ticker	Provider	Name	Product type	Index name	Currency
EZU US	iShares	iShares MSCI Eurozone ETF	ETF	MSCI EMU Index	USD
CEU1 SW	iShares	iShares Core MSCI EMU UCITS ETF EUR (Acc)	ETF	MSCI EMU Index	EUR
EMUAA SW	UBS	UBS ETF (LU) MSCI EMU UCITS ETF (EUR) A-acc	ETF	MSCI EMU Index	EUR
XD5E GY	DWS	Xtrackers MSCI EMU UCITS ETF 1D	ETF	MSCI EMU Index	EUR
EMUEUA GR	UBS	UBS ETF (LU) MSCI EMU UCITS ETF (EUR) A-dis	ETF	MSCI EMU Index	EUR

ESG metrics

Summary

MSCI EMU Index

Implied Temperature Rise

> 2.0°C - < 3.2°C

98.6% coverage

MSCI ACWI IMI Index

Implied Temperature Rise

> 2.0°C - < 3.2°C

94.3% coverage

MSCI EMU Index	Score	Coverage
ESG Score	8.1	100.0%
UN Global Compact Violations % (*)	0.0%	100.0%
Red Flag ESG Controversies % (*)	0.0%	100.0%

MSCI ACWI IMI Index	Score	Coverage
ESG Score	6.7	89.8%
UN Global Compact Violations % (*)	0.1%	100.0%
Red Flag ESG Controversies % (*)	0.1%	100.0%

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

Data available as of Oct. 2026. The information was updated as part of the regular monthly update cycle. Data available as of Oct. 2026. The information was updated as part of the regular monthly update cycle.

MSCI ESG and climate ratings, research and data are produced by MSCI Solutions LLC, a subsidiary of MSCI Inc. MSCI Sustainability Indexes, Analytics, Real Assets, and Private Capital Solutions are products of MSCI Inc. that utilize information from MSCI Solutions LLC. MSCI Indexes are administered by MSCI Limited and MSCI Deutschland GmbH.

Consolidated environmental rating distribution

MSCI EMU Index

MSCI ACWI IMI Index

MSCI EMU Index	Score	Coverage
Environmental Pillar Score	6.6	100.0%
Aggregated Climate VaR %	-21.1%	--
Policy Risk Climate VaR %	-18.4%	99.1%
Technology Opportunities Climate VaR %	2.2%	81.3%
Physical Risk Climate VaR %	-3.8%	99.1%
Fossil Fuel-Based Sector Exposure (NACE) %	8.4%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	456.5	99.5%
Reported Emissions %	98.5%	--
Estimated Emissions %	1.4%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	983.9	99.5%
High Climate Impact Sector Exposure %	61.3%	100.0%
Fossil Fuel Reserves % (*)	5.5%	100.0%
Green Revenue	7.1	100.0%
Green Capex %	2.9%	13.6%
Green Bonds % (**)	--	--

MSCI ACWI IMI Index	Score	Coverage
Environmental Pillar Score	5.7	89.8%
Aggregated Climate VaR %	-17.1%	--
Policy Risk Climate VaR %	-13.9%	96.3%
Technology Opportunities Climate VaR %	1.3%	63.8%
Physical Risk Climate VaR %	-4.7%	96.5%
Fossil Fuel-Based Sector Exposure (NACE) %	7.4%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	331.4	97.8%
Reported Emissions %	92.5%	--
Estimated Emissions %	7.4%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	1039.8	97.4%
High Climate Impact Sector Exposure %	62.9%	100.0%
Fossil Fuel Reserves % (*)	5.6%	99.1%
Green Revenue	9.3	99.9%
Green Capex %	0.4%	12.9%
Green Bonds % (**)	--	--

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

(**) The universe of self-labelled green bonds is sourced from Refinitiv and Climate Bonds Initiative. Bonds included in the MSCI Fixed Income Indexes that are not identified as selflabelled green bonds based on data from Refinitiv and Climate Bonds Initiative are deemed non-compliant with the green bond criteria as defined by the MSCI ESG Research Green Bond Assessment methodology. Such bonds are counted towards the Coverage %.

MSCI EMU Index	Score	Coverage
Social Pillar Score	5.4	100.0%
Controversial Weapons %	0.0%	100.0%
Tobacco Involvement - Highly Restrictive %	0.0%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.0%	100.0%
Social Violations (Count)	0.0	100.0%
Social Violations (% of Constituents)	0.0%	100.0%
Lack of Due Diligence Policy (ILO) %	2.3%	100.0%
Gender Pay Gap	14.7	97.7%
Female:Male Board Diversity Ratio	76.8	100.0%
Total Recordable Injury Rate	3.2	92.5%
Bribery and Corruption Controversies (Sum)	11.0	100.0%

MSCI ACWI IMI Index	Score	Coverage
Social Pillar Score	4.9	89.8%
Controversial Weapons %	0.4%	99.9%
Tobacco Involvement - Highly Restrictive %	0.7%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.6%	99.9%
Social Violations (Count)	11.0	100.0%
Social Violations (% of Constituents)	0.1%	100.0%
Lack of Due Diligence Policy (ILO) %	22.7%	97.5%
Gender Pay Gap	14.0	83.8%
Female:Male Board Diversity Ratio	55.8	96.7%
Total Recordable Injury Rate	4.0	69.1%
Bribery and Corruption Controversies (Sum)	103.0	100.0%

MSCI EMU Index	Score	Coverage
Governance Pillar Score	6.7	100.0%
Board Independence	87.4	100.0%
Board Gender Diversity	42.6	100.0%

MSCI ACWI IMI Index	Score	Coverage
Governance Pillar Score	5.8	89.8%
Board Independence	79.0	98.6%
Board Gender Diversity	33.8	98.6%

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MSCI EMU Index

Score

Coverage

ESG Score

8.1

100.0%

UN Global Compact Violations % (*)

0.0%

100.0%

Red Flag ESG Controversies % (*)

0.0%

100.0%

MSCI ACWI IMI Index

Score

Coverage

ESG Score

6.7

89.8%

UN Global Compact Violations % (*)

0.1%

100.0%

Red Flag ESG Controversies % (*)

0.1%

100.0%

MSCI EMU Index

Score

Coverage

Environmental Pillar Score

6.6

100.0%

Aggregated Climate VaR %

-21.1%

Policy Risk Climate VaR %

-18.4%

99.1%

Technology Opportunities Climate VaR %

2.2%

81.3%

Physical Risk Climate VaR %

-3.8%

99.1%

Fossil Fuel-Based Sector Exposure (NACE) %

8.4%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

456.5

99.5%

Reported Emissions %

98.5%

Estimated Emissions %

1.4%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

983.9

99.5%

High Climate Impact Sector Exposure %

61.3%

100.0%

Fossil Fuel Reserves % (*)

5.5%

100.0%

Green Revenue

7.1

100.0%

Green Capex %

2.9%

13.6%

Green Bonds % (**)

MSCI ACWI IMI Index

Score

Coverage

Environmental Pillar Score

5.7

89.8%

Aggregated Climate VaR %

-17.1%

Policy Risk Climate VaR %

-13.9%

96.3%

Technology Opportunities Climate VaR %

1.3%

63.8%

Physical Risk Climate VaR %

-4.7%

96.5%

Fossil Fuel-Based Sector Exposure (NACE) %

7.4%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

331.4

97.8%

Reported Emissions %

92.5%

Estimated Emissions %

7.4%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

1039.8

97.4%

High Climate Impact Sector Exposure %

62.9%

100.0%

Fossil Fuel Reserves % (*)

5.6%

99.1%

Green Revenue

9.3

99.9%

Green Capex %

0.4%

12.9%

Green Bonds % (**)

ASML HLDG	8.49%
SAP	3.32%
SIEMENS	2.98%
ALLIANZ	2.58%
TOTALENERGIES	2.57%
BANCO SANTANDER	2.24%
IBERDROLA	2.13%
SCHNEIDER ELECTRIC	2.02%
BBVA	1.82%
AIRBUS	1.77%

		Annualized std dev (%)²			Sharpe ratio^2,3			Maximum drawdown
Index	Turnover(%)¹	3 YR	5 YR	10 YR	3 YR	5 YR	10 YR	%	Period YYYY-MM-DD
MSCI EMU Index	4.02	14.46	18.34	18.39	1.05	0.33	0.45	64.66	2007-10-31 - 2009-03-09
MSCI ACWI IMI Index	2.62	12.02	14.99	14.96	1.36	0.44	0.67	58.59	2007-10-31 - 2009-03-09

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ESG metrics

Summary

MSCI EMU Index

MSCI ACWI IMI Index

Consolidated environmental rating distribution

MSCI EMU Index

MSCI ACWI IMI Index

Consolidated social rating distribution

MSCI EMU Index

MSCI ACWI IMI Index

Consolidated governance rating distribution

MSCI EMU Index

MSCI ACWI IMI Index

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ESG metrics

Summary

MSCI EMU Index

MSCI ACWI IMI Index

Consolidated environmental rating distribution

MSCI EMU Index

MSCI ACWI IMI Index

Consolidated social rating distribution

MSCI EMU Index

MSCI ACWI IMI Index

Consolidated governance rating distribution

MSCI EMU Index

MSCI ACWI IMI Index

Index risk and return characteristics

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