The space is presently topped by FTSE Europe ETF (VGK) which has amassed about $15.4 billion in assets. Click to get this free report VANGD-FTSE EUR (VGK): ETF Research Reports ISHARS-EMU IDX (EZU): ETF Research Reports SPDR-EU STX 50 (FEZ): ETF Research Reports To read this article on Zacks.com click here. Europe is again troubled by a slowdown and deflation, with Ukrainian worries and the Russian food import ban raising questions over the sustainability of the European Union's growth momentum.