Focused Europe Funds
The largest dedicated Europe ETF by assets is the Vanguard FTSE Europe ETF (VGK), with $13 billion under management. This fund is a great option because it provides a focus on Europe but doesn’t tie you to a single company, sector or national economy. Top holdings right now include oil giant Royal Dutch Shell (RDS) as well as Nestle and HSBC. Best of all, the expenses are super low; the VGK fund charges just 0.12% in expenses or a measly $12 a year on every $10,000 you invest.
Mutual funds also allow dedicated Europe exposure — including the JPMorgan Intrepid European Fund (VEUAX) as one example. VEUAX has outperformed in 2013 with 21% returns since January 1, but keep in mind it has gross expenses of 1.74% and only around $63 million in assets. You’re more likely to find smaller expenses and bigger funds in the ETF space should you want to play Europe.