Construction ETF
This construction ETF obviously is for a great part depended upon market conditions. But we must not forget the impact of (local) governments.
Large public orders may boost this industry. Ports, airports, public water works and railroad investments, all are depended upon the availability of public budgets.
Lyxor STOXX Europe 600 Construction and Materials UCITS ETF
This Lyxor Construction and Materials ETF only contains 18 underlying stocks of companies that are active in the construction industry. You will also find some companies that are supplying construction companies.
This construction ETF is tracking the STOXX Europe 600 Construction and Materials (Net Return) index.
Looking at the company spread Vinci is taken up the largest share here (15%) which is not a surprise being the largest construction company in the world. CRH of Ireland comes in second with a share of 11%. Third placed Saint Gobain also has a share of approximately 11%.
Geographically speaking France is leading here with a 35% share. Switzerland comes in second with 20% and Sweden is third with a 15% share. All in all this construction ETF is a pretty interesting one but with only 18 companies included the spread is a bit thin.
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Lyxor STOXX Europe 600 Construction and Materials UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
Ticker: CST
ISIN: FR0010345504
Currency: EURO
Exchange: Euronext Parijs
This Lyxor STOXX Europe 600 Construction and Materials UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.