ATLASPortfolio Building Block European Banks Index ETF (PBEU): outlook, holdings and fees
Portfolio Building Block European Banks Index ETF (PBEU) is an exchange-traded fund and is managed by Portfolio Building Block ETFs. The ten largest holdings are 61% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PBEU
| Last price | $30.77 (+1.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $29.75 – $32.06 |
| Normal 1-day range (±1σ) | ±1.3% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PBEU fund facts
| Issuer | Portfolio Building Block ETFs |
|---|---|
| Theme | Financials |
| Assets under management | $429M |
| Number of holdings | 49 |
| Inception | Nov 25, 2025 |
| Exchange | NASDAQ |
The fund uses a "passive management" approach to track the performance, before fees and expenses, of the index. The index is constructed using a rules-based methodology that identifies companies in the banking industry with publicly traded ordinary shares listed on major stock exchanges in developed European markets, as classified by BITA GmbH. The index"s initial universe consists of all publicly listed equity securities for which sufficient relevant information is available from public sources. The fund is non-diversified.
PBEU top holdings
| Holding | Sector | Weight |
|---|---|---|
| HSBC Holdings PLC HSBA | Financial Services | 14.98% |
| Banco Santander S.A. SAN | Financial Services | 9.25% |
| Banco Bilbao Vizcaya Argentaria SA BBVA | Financial Services | 6.88% |
| UniCredit S.p.A. UCG | Financial Services | 5.61% |
| BNP Paribas SA BNP | Financial Services | 4.68% |
| ING Groep NV INGA | Financial Services | 4.35% |
| Intesa Sanpaolo SpA ISP | Financial Services | 4.61% |
| Lloyds Banking Group PLC LLOY | Financial Services | 3.86% |
| Barclays PLC BARC | Financial Services | 3.56% |
| Nordea Bank Abp NDA-SE | Financial Services | 3.11% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PBEU sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 100.0% |
By region: Europe Developed 72.0%, United Kingdom 28.0%.
PBEU returns and risk
| Year to date | +13.2% |
|---|---|
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
PBEU: frequently asked questions
What does PBEU invest in?
Portfolio Building Block European Banks Index ETF invests in a portfolio of securities. Its largest holdings are HSBC Holdings PLC (15.0%), Banco Santander S.A. (9.2%), Banco Bilbao Vizcaya Argentaria SA (6.9%), UniCredit S.p.A. (5.6%), BNP Paribas SA (4.7%).
Will PBEU go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $29.75 to $32.06 from $30.77 today. It is a probability, not a prediction.
Similar ETFs: Financials
- State Street Financial Select Sector SPDR ETF (XLF)
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- iShares U.S. Financials ETF (IYF)
- State Street SPDR S&P Regional Banking ETF (KRE)
- iShares MSCI Europe Financials ETF (EUFN)
- VanEck Preferred Securities ex Financials ETF (PFXF)
- Fidelity MSCI Financials Index ETF (FNCL)
Educational information, not investment advice. Disclaimer