PBEU ETF — Portfolio Building Block European Banks Index ETF

Portfolio Building Block European Banks Index ETF (PBEU)

Updated October 16, 2026.

PBEU is a low-cost ETF. its trailing-12-month yield is 0.01%, its expense ratio is 0.13%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 24.8% over the past 0.9 years, 10.5 points ahead of SPY at 14.3%.

Portfolio Building Block European Banks Index ETF is a passively managed fund that tracks a rules-based index of publicly traded banks listed on major stock exchanges in developed European markets. The fund carries a modest expense ratio of 0.13% and distributes annually, though its latest distribution was special and may not recur regularly. The fund appeals to investors seeking exposure to European banking equities through an indexed approach.

PBEU performance versus SPY

Price and return data through 2026-10-16.

Total return is 24.8% over the past 0.9 years, 10.5 points ahead of SPY at 14.3%. Its deepest 1-year drawdown was 17.3%.

PBEU key facts

Distribution Safety Score™

50 · Unproven

Issuer

Portfolio Building Block

Asset type

ETF

Asset class

Equity

Inception date

11/25/2025

Expense ratio

0.13%

Distribution frequency

Annual

Trailing yield

0.01%

Last close

$32.24 (as of 2026-10-16)

AUM

$437,292,594

Average volume

40949.0

Dividend

$0.003

Ex-dividend date

12/24/2025

Payment date

12/26/2025

Beta

1.4298

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.01%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Portfolio Building Block; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PBEU risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 17.3%.

Who may consider PBEU — and who may not

PBEU may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (PBEU pays annual). This is educational context, not a recommendation to buy or sell.

More on PBEU

• All tickers starting with P

Tagged: Financials, International, Index.

Frequently asked questions

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