The MDAX® index

The MDAX® index tracks 60 German Mid Cap companies. The MDAX index weights its constituents by free float market capitalisation.

ETF investors can benefit from price gains and dividends of the MDAX constituents. Currently, the MDAX index is tracked by 3 ETFs.

0.30% p.a. - 0.51% p.a.
annual total expense ratio
track the MDAX®
return in CHF in 2021 per 31/03/2021

Cost of MDAX ETFs

The total expense ratio (TER) of MDAX ETFs is between 0.30% p.a. and 0.51% p.a.. In comparison, most actively managed funds do cost much more fees per year. Calculate your individual cost savings by using our cost calculator.


The best MDAX ETF by 1-year fund return as of 31/03/2021

All MDAX ETFs ranked by fund return


The largest MDAX ETF by fund size in CHF

All MDAX ETFs ranked by fund size


The cheapest MDAX ETF by total expense ratio

All MDAX ETFs ranked by total expense ratio


MDAX ETFs in comparison

The most important factors at a glance

Besides return, there are further important factors to consider when selecting a MDAX ETF. In order to provide a sound decision basis, you find a list of all MDAX ETFs with details on size, cost, age, use of profits, fund domicile and replication method ranked by fund size.

Compare all MDAX ETFs in detail
Compare all MDAX ETFs in a chart

  Fund size
in m CHF
in %
Use of profits Fund domicile Replication method
iShares MDAX UCITS ETF (DE)DE0005933923 1,881 0.51% p.a. Accumulating Germany Full replication
Lyxor MDAX (DR) UCITS ETFLU1033693638 266 0.30% p.a. Distributing Luxembourg Full replication
Lyxor 1 MDAX® UCITS ETFDE000ETF9074 236 0.30% p.a. Distributing Germany Full replication

Source:; As of 17/04/2021


Return comparison of all MDAX ETFs

The table shows the returns of all MDAX ETFs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Lyxor MDAX (DR) UCITS ETF 2.17% 4.88% 20.11% 56.90% 14.55%
Lyxor 1 MDAX® UCITS ETF 2.17% 4.89% 20.13% 56.84% 14.51%
iShares MDAX UCITS ETF (DE) 2.15% 4.44% 20.01% 56.63% 14.02%
ETF   2021
in %
in %
in %
in %
in %
Lyxor 1 MDAX® UCITS ETF 5.04% 8.05% 26.38% -21.46% 28.23%
Lyxor MDAX (DR) UCITS ETF 5.02% 8.11% 26.31% -21.46% 27.96%
iShares MDAX UCITS ETF (DE) 4.59% 8.38% 26.07% -21.56% 27.64%

Source:; As of 31/03/2021; Calculations in CHF including dividends