To implement a dollar-neutral long US financials / short European financials trade, the ratio should be approximately 0.72 shares of XLF for every 1 share of EUFN, based on XLF trading at $51.71 and EUFN at $36.99.
factualpending
Speaker
Patrick CeresnaEvidence Quote
“0.72 shares of XLF for every one share of the EUFN to balance that notional exposure”
Source
MacroVoices #530 Daniel Lacalle: China and The Us Will Decide The Outcome of The Iran War— Macro VoicesCreated: 8/12/2026, 6:10:01 PM
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