BEL.BR
Amundi BEL 20 UCITS ETF Dist
Europe
EQUITY
Passive
MANAGEMENT STYLE
€ 69.7 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Inception date | Jul 30, 2002 |
| Regulation | UCITs |
| ISIN | FR0000021842 |
| Distributions | |
| Currency | EUR |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| UCB SA | 14.4 % |
| KBC GROEP NV | 13.3 % |
| ARGEN-X SE | 12.4 % |
| ANHEUSER-BUSCH INBEV SA/NV | 10.2 % |
| AGEAS | 6.9 % |
| GROUPE BRUXELLES LAMBERT SA | 4.8 % |
| SYENSQO SA/NV | 4.2 % |
| ACKERMANS & VAN HAAREN | 4.1 % |
| ELIA SYSTEM OPERATOR SA/NV | 3.9 % |
| S.A. D'IETEREN N.V. | 3.3 % |
Constituent Breakdown
| Number of holdings | 20 |
| Herfindahl-Hirschman Index | 829 |
| Wgt avg mkt cap (mns) | $36,040 |
| Large cap (>$10bn) | 61.9% |
| Mid cap ($2-10bn) | 32.5% |
| Small cap (<$2bn) | 1.2% |
| Developed mkts. | 95.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
BELGIUM | 86.3 % |
 |
NETHERLANDS | 12.4 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.3% | 24.0% | 22.5% | 12.2% | 7.7% | 4.9% | 3.5% | 6.3% |
| Dividend Yield | 0.0% | 1.4% | 1.3% | 1.4% | 1.6% | 1.9% | 0.9% | 0.8% |
| Total Returns | 7.3% | 25.5% | 23.8% | 13.6% | 9.4% | 6.9% | 4.4% | 7.1% | Ann. Volatility | 13.5% | 14.9% | 13.3% | 13.4% | 14.4% | 16.8% | 18.2% | 17.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.06 | 1% |
| MSCI EAFE | 0.25 | 8% |
| MSCI Emg Mkts | 0.21 | 6% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $81.27 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.84/1.30 |
| Bollinger Bands (Upper/Lower) | $84.92/$80.08 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. BEL.BR |
Expenses vs. BEL.BR |
ALTAR Score™ vs. BEL.BR |
|---|---|---|---|---|
| EXH3.DE | iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) | 11.0% | -4 bp | +2.4% |
| XS3R.DE | Xtrackers MSCI Europe Consumer Staples Screened UCITS ETF 1C | 11.0% | -33 bp | +1.6% |
Risk and Returns: BEL.BR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (EUR)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/6/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
5.2%
ALTAR SCORE™
6th
PERCENTILE
AVOID
ETFRC RATING
There are 239 funds in the Europe Equity category with an average
ALTAR Score™ of 7.2% and a standard deviation
of 1.3%. BEL.BR's ALTAR Score™ is approximately -1.5 standard
deviations above the category average. This places BEL.BR in the 6th percentile
among funds in the category.
Sell-Side Consensus
€87.82
PRICE TARGET
+13.8%
UPSIDE