Weighting Difference
US
Europe
Sector
Technology
Communication
Real Estate
Discretionary
Utilities
Energy
Materials
Staples
Health Care
Financials
Industrials
7.9%
4.1%
0.8%
9.6%
3.8%
4.6%
5.7%
9.8%
15.3%
21.6%
17.5%
30.7%
9.5%
2.2%
10.5%
2.4%
3.3%
2.0%
5.9%
10.8%
14.5%
8.3%
-23.2%
-5.4%
-1.4%
-0.9%
1.4%
1.3%
3.7%
3.9%
4.5%
7.1%
9.2%
Largest Europe underweight: Tech — a classic growth sector.
Largest Europe overweights: Industrials, Financials, Staples — value sectors.
