European ETFs Face February Losses Europe-domiciled ETFs faced a challenging February, with iShares Core MSCI World dropping 2.03%. However, the fund's 12-month performance remains robust at 16.17%, outperforming its category's average of 11.02%. Similarly, Vanguard S&P 500 UCITS ETF saw a 2.63% decline but achieved an 18.64% annual gain.3