BEL.BR
Amundi BEL 20 UCITS ETF Dist
Europe
EQUITY
Passive
MANAGEMENT STYLE
€ 67.6 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
| ARGEN-X SE | 12.7 % |
| ANHEUSER-BUSCH INBEV SA/NV | 12.7 % |
| KBC GROEP NV | 11.7 % |
| UCB SA | 10.3 % |
| AGEAS | 8.0 % |
| ELIA SYSTEM OPERATOR SA/NV | 5.3 % |
| AEDIFICA | 5.1 % |
| ACKERMANS & VAN HAAREN | 4.7 % |
| GROUPE BRUXELLES LAMBERT SA | 4.5 % |
| LOTUS BAKERIES NV | 3.2 % |
Constituent Breakdown
| Number of holdings | 20 |
| Herfindahl-Hirschman Index | 789 |
| 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. | 98.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
BELGIUM | 83.9 % |
 |
NETHERLANDS | 12.7 % |
 |
LUXEMBOURG | 1.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.5% | 24.9% | 19.8% | 16.9% | 6.8% | 4.7% | 3.9% | 6.4% |
| Dividend Yield | 0.0% | 1.4% | 1.2% | 1.4% | 1.6% | 1.9% | 1.0% | 0.8% |
| Total Returns | 11.5% | 26.3% | 21.0% | 18.3% | 8.4% | 6.7% | 4.8% | 7.2% | Ann. Volatility | 17.0% | 13.2% | 14.4% | 13.8% | 14.8% | 16.9% | 18.2% | 18.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.48 | 19% |
| MSCI EAFE | 0.49 | 31% |
| MSCI Emg Mkts | 0.31 | 21% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $81.58 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 1.17/1.01 |
| Bollinger Bands (Upper/Lower) | $84.95/$79.19 |
| 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) | 13.6% | -4 bp | +2.6% |
| XS3R.DE | Xtrackers MSCI Europe Consumer Staples Screened UCITS ETF 1C | 13.6% | -33 bp | +2.4% |
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.
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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
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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 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
4.8%
ALTAR SCORE™
6th
PERCENTILE
AVOID
ETFRC RATING
There are 237 funds in the Europe Equity category with an average
ALTAR Score™ of 6.8% 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
€89.73
PRICE TARGET
+7.7%
UPSIDE