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Added to YB: 2026-01-23

Pitch date: 2026-01-22

EUFN [bearish]

iShares Trust - iShares MSCI Europe Financials ETF

+0.03%

current return

Author Info

No bio for this author

Company Info

iShares Trust - iShares MSCI Europe Financials ETF is an exchange traded fund launched by BlackRock, Inc.

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Deep Dive: iShares MSCI Europe Financials ETF (EUFN) | SHORT

EUFN (short): European banks hit all-time highs after +65% 2025 return, now at 1.2x book vs historical 0.5-0.8x. Peak NIM cycle reversing as ECB cuts rates, deposit costs rise. Credit quality to normalize from abnormally low levels. Priced for perpetual sunshine when fundamentals shifting negative. 0% analyst upside despite crowded positioning. ~3.5% carry cost headwind.

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