ETF · Invesco
S7XP Invesco EURO STOXX Optimised Banks UCITS ETF
ISIN IE00B3Q19T94London Stock Exchange: S7XPInvesco Ltd.
- Single sectors
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£193.56
on
- Ongoing charge
- 0.30% a year
- Fund size
- £147m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, S7XP (Invesco EURO STOXX Optimised Banks UCITS ETF, ISIN IE00B3Q19T94) closed at £193.56 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 13/11/2026 its total return was +250.7%, or +173.7% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +21.1%
- +16.8% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +191.3%
- +163.1% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +250.7%
- +173.7% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £3,507 on 13/11/2026 — about £2,737 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Invesco EURO STOXX Optimised Banks UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +6.7%, 2023 +26.2%, 2024 +24.3%, 2025 +98.8%; 2026 to 13/11/2026 +10.7%. Returns of Invesco EURO STOXX Optimised Banks UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +33.6%; to 30/09/2025: +73.0%; to 30/09/2024: +33.9%; to 30/09/2023: +47.8%; to 30/09/2022: −13.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +10.7% | +7.1% | |
| to | +98.8% | +92.0% | |
| to | +24.3% | +20.1% | |
| +26.2% | +21.2% | ||
| +6.7% | −2.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +33.6% | +28.8% |
| from | +73.0% | +66.3% |
| from | +33.9% | +30.4% |
| from | +47.8% | +38.9% |
| from | −13.8% | −20.8% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
26.8%over 5 years
| 1 year | 25.4% |
|---|---|
| 3 years | 22.9% |
| 5 years | 26.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −32.6%
- From to
- Lowest 12-month return
- −15.8%
- 12 months to
- Highest 12-month return
- +99.6%
- 12 months to
- Below its highest weekly close since November 2021
- 9.0%
- High of , latest
In words: Volatility of Invesco EURO STOXX Optimised Banks UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 25.4% over 1 year, 22.9% over 3 years, 26.8% over 5 years. Largest fall in the price of Invesco EURO STOXX Optimised Banks UCITS ETF since November 2021, in pounds: −32.6% from 11/02/2022 to 15/07/2022. The lowest 12-month return of Invesco EURO STOXX Optimised Banks UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −15.8% (12 months to 26/08/2022); the highest was +99.6% (12 months to 19/12/2025). On 13/11/2026 the price of Invesco EURO STOXX Optimised Banks UCITS ETF was 9.0% below its highest weekly close since November 2021 (11/09/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.30%
- a year
- On £10,000
- £30
- a year, roughly
- Over five years
- £149
- of £10,000, before growth
- 74 charge less
- 14 the same
- 76 charge more
Ongoing charge of Invesco EURO STOXX Optimised Banks UCITS ETF 0.30% a year. Compared on 14/11/2026, 76 of the 164 other single-sector funds charge more, 14 the same and 74 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco EURO STOXX Optimised Banks UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2011.
It tracks the EURO STOXX Optimised Banks Index - EUR.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.3% a year — about £30 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Single sectors: Funds focused on one industry — banks, energy, defence, mining and so on.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- S7XP
- ISIN
- IE00B3Q19T94
- Also listed as
- S7XE (Xetra, euros)
- Provider
- Invesco
- Tracks
- EURO STOXX Optimised Banks Index - EUR
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.30% a year · about £30 on £10,000
- Fund size
- £147m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Single sectors
Price chart
Over the last year, the closing price went from £160.32 on 14/11/2025 to £193.56 on 13/11/2026 (+20.7%). The lowest close shown was £152.22 on 20/03/2026 and the highest £212.80 on 11/09/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 28
- on record
- Ten largest
- 73.7%
- of the whole fund
- Effective number of holdings
- 15
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 11.3%
- Banco Santander
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Banco SantanderSAN | 11.25% |
| 2 | UniCreditUCG | 11.22% |
| 3 | Intesa Sanpaolo | 9.29% |
| 4 | BNP ParibasBNP | 8.66% |
| 5 | Banco Bilbao Vizcaya ArgentariaBBVA | 8.23% |
| 6 | ING GroepINGA | 7.94% |
| 7 | Deutsche Bank AktiengesellschaftDBK | 5.91% |
| 8 | Societe GeneraleGLE | 4.56% |
| 9 | Nordea Bank AbpNDA_FI | 3.36% |
| 10 | CaixaBankCABK | 3.29% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- Italy27.5%
- Spain25.9%
- France14.9%
- Netherlands10.5%
- Germany7.4%
- Ireland4.0%
- Austria3.5%
- Finland3.4%
- Other countries2.9%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 28 largest and what changed since .
All holdings
The fund publishes 28 holdings; the ten largest make up 73.7% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 90.7% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Finance90.7%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (129 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of S7XP?
The ongoing charge of S7XP is 0.30% a year — about £30 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco EURO STOXX Optimised Banks UCITS ETF 0.30% a year. Compared on 14/11/2026, 76 of the 164 other single-sector funds charge more, 14 the same and 74 less (share classes counted once).
What does S7XP track?
S7XP tracks the EURO STOXX Optimised Banks Index - EUR.
Is S7XP accumulating or distributing?
S7XP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of S7XP?
The ISIN of S7XP is IE00B3Q19T94. An ISIN identifies one exact share class of a fund; S7XP is its ticker on the London Stock Exchange. The same share class is also listed as S7XE (Xetra, euros).
What does S7XP hold?
As of 04/11/2026, S7XP holds 28 positions, according to its published holdings. The largest is Banco Santander at 11.25% of the fund; the ten largest make up 73.7%. Its ten largest holdings are Banco Santander (11.25%), UniCredit (11.22%), Intesa Sanpaolo (9.29%), BNP Paribas (8.66%), Banco Bilbao Vizcaya Argentaria (8.23%), ING Groep (7.94%), Deutsche Bank Aktiengesellschaft (5.91%), Societe Generale (4.56%), Nordea Bank Abp (3.36%) and CaixaBank (3.29%).
What were S7XP’s returns in each of the last five years?
Calendar-year returns of S7XP in pounds (price, with income reinvested in the fund): 2022 +6.7%, 2023 +26.2%, 2024 +24.3%, 2025 +98.8%; 2026 to 13/11/2026 +10.7%. Past performance is not a guide to future returns.
How has S7XP done after inflation?
Over the five years to 13/11/2026 S7XP’s total return was +250.7%, or +173.7% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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