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'll 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 less than 10% in Italy.

0.25% p.a. - 0.33% p.a.
annual total expense ratio (TER) of Italy ETFs
on the Italian stock market, which are tracked by ETFs
on the Italian stock market
The best indices for Italy ETFs

Performance of Italian stocks (FTSE MIB)

1 month: 2.05%
1 year: 41.37%
3 years: 13.07%
5 years: 53.53%

Indices in comparison

The best indices for ETFs on Italy

For an investment in the Italian stock market, there are 2 indices available which are tracked by 3 ETFs. On the FTSE MIB index there are 2 ETFs. On the MSCI Italy index there is 1 ETF. 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 40
The FTSE MIB index tracks the 40 largest Italian companies.
Index factsheet
MSCI Italy Italy 1 ETF 26
The MSCI Italy index tracks the leading Italian stocks.
Index factsheet
  Fund size
in m EUR
in %
Use of profits Fund domicile Replication method
iShares FTSE MIB UCITS ETF (Acc)IE00B53L4X51 246 0.33% p.a. Accumulating Ireland Full replication
Xtrackers FTSE MIB UCITS ETF 1DLU0274212538 42 0.30% p.a. Distributing Luxembourg Full replication
Lyxor MSCI Italy UCITS ETFLU1104574725 2 0.25% p.a. Distributing Luxembourg Unfunded swap
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Italy 8.14% 10.22% 29.72% 42.52% 12.85%
FTSE MIB 7.93% 11.22% 30.03% 46.91% 18.73%
Index   2021
in %
in %
in %
in %
in %
MSCI Italy 10.22% -6.86% 30.61% -13.44% 13.02%
FTSE MIB 10.85% -3.94% 32.59% -13.90% 16.46%

Source:; As of 31/03/2021; Calculations in EUR based on the largest ETF of the respective index.


The best Italy ETFs
by 1 year return

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The cheapest Italy ETFs
by total expense ratio (TER)

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