How to invest in Italy using ETFs
How do I invest in Italian stocks?
The easiest way to invest in the Italian stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Italian stock market you find 2 indices, which are tracked by ETFs.
Besides ETFs on Italy, there are no regional ETFs available with significant weight of Italian stocks. Even the European indices only hold 6% or less in Italy.
Performance of Italian stocks (FTSE MIB)
Indices in comparison
The best indices for ETFs on Italy
For an investment in the Italian stock market, 2 indices tracked by 4 ETFs are available. On the FTSE MIB index there are 2 ETFs. On the MSCI Italy index there are 2 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.25% p.a. and 0.33% p.a..
|Index||Investment focus||Number of ETFs||Number of constituents||Short description|
|FTSE MIB||Italy||2 ETFs||The FTSE MIB (total return) index tracks the 40 largest Italian companies (real time).
|MSCI Italy||Italy||2 ETFs||24
|The MSCI Italy index tracks the leading Italian stocks.|
in m EUR
|Use of profits||Fund domicile||Replication method|
|db x-trackers FTSE MIB UCITS ETF (DR) 1DLU0274212538||171||0.30% p.a.||Distributing||Luxembourg||Full replication|
|iShares FTSE MIB UCITS ETF (Acc)IE00B53L4X51||108||0.33% p.a.||Accumulating||Ireland||Full replication|
|Amundi ETF MSCI Italy UCITS ETFFR0010655720||24||0.25% p.a.||Accumulating||France||Unfunded swap|
|ComStage MSCI Italy TRN UCITS ETFLU1104574725||7||0.25% p.a.||Accumulating||Luxembourg||Unfunded swap|
Source: justETF.com; As of 28/02/17; Calculations in EUR based on the largest ETF of the respective index.
The best Italy ETFs
by 1 year return
|1||iShares FTSE MIB UCITS ETF (Acc)||11.85%|
|2||db x-trackers FTSE MIB UCITS ETF (DR) 1D||11.46%|
|3||Amundi ETF MSCI Italy UCITS ETF||9.63%|