The best Eastern Europe ETFs

How do I invest in Eastern European stocks?

The easiest way to invest in the whole Eastern European stock market is to invest in a broad market index. This can be done at a low cost by using ETFs.

In this curated investment guide, you will find all ETFs that allow you to invest broadly diversified in Eastern European stocks. Currently, there are 3 ETFs available.

The total expense ratio (TER) of ETFs tracking stocks from Eastern Europe is between 0.20% p.a. and 0.74% p.a..

 
0.20% p.a. - 0.74% p.a.
annual total expense ratio (TER) of Eastern Europe ETFs
tracking stocks from Eastern Europe, which are tracked by ETFs
that track a broadly diversified Eastern Europe index
 
The best indices for Eastern Europe ETFs

How do I invest in companies from Eastern Europe?

Eastern Europe ETFs allow you to invest broadly in companies from Eastern European countries. In Europe ETFs or Eurozone ETFs, Eastern European companies are usually represented only to a small extent, if at all. In this investment guide, you will find all ETFs that allow you to invest in stocks from Eastern Europe.

If you prefer to invest in a single Eastern European country, Poland ETFs or Russia ETFs might be of interest to you.
 

Performance of broadly diversified Eastern Europe indices in comparison

Source: justETF Research; As of 02.08.21; Performance over 1 year in EUR.

 

Indices in comparison

Indices on stocks from Eastern Europe

The best indices for Eastern Europe ETFs

For an investment in stocks from Eastern Europe, there are 2 indices available that are tracked by 3 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.20% p.a. and 0.74% p.a.. Depending on the market environment, stocks from a single country can make up large parts of an index. You can find more information regarding the concentration of countries, companies and sectors in the index factsheets linked below.
 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI Emerging Markets Eastern Europe 10/40 Eastern Europe 1 ETF 45
(30.07.21)
The MSCI Emerging Markets Eastern Europe 10/40 index tracks stocks from emerging Eastern European countries. The embedded 10/40 rule limits the weight of a single company to 10% of the index. The sum of all companies with weights between 5% and 10% is limited to 40%.
Index factsheet
MSCI Emerging Markets Eastern Europe ex Russia Eastern Europe 2 ETFs 20
(30.06.21)
The MSCI Emerging Markets Eastern Europe ex Russia index tracks large and mid-cap companies from emerging markets in Eastern Europe. Stocks from Russia are excluded.
Index factsheet
Index 1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
5 years
in %
MSCI Emerging Markets Eastern Europe ex Russia 1.12% 12.33% 15.87% 26.82% -5.97% 28.46%
MSCI Emerging Markets Eastern Europe 10/40 -0.22% 14.12% 21.30% 29.47% 25.37% 65.75%

Source: justETF.com; As of 31.07.21; Calculations in EUR based on the largest ETF of the respective index.

 

ETFs in comparison

ETFs tracking stocks from Eastern Europe

All Eastern Europe ETFs in comparison

In the table below we have listed the currently available Eastern Europe ETFs. Via the "Properties" and "Performance" tabs, you can find detailed information on these ETFs and sort them according to your desired criterion. More information about the different criteria when choosing an ETF can be found in our article on ETF selection.
 
ETF
ISIN
Fund size
in m EUR
TER
in %
Inception date Use of profits Fund domicile Replication method
iShares MSCI Eastern Europe Capped UCITS ETFIE00B0M63953 186 0.74% p.a. 04.11.05 Distributing Ireland Optimized sampling
Lyxor MSCI Eastern Europe ex Russia UCITS ETF - AccLU1900066462 173 0.50% p.a. 21.07.05 Accumulating Luxembourg Unfunded swap
Amundi MSCI Eastern Europe ex Russia UCITS ETF EUR (C)LU1681043755 23 0.20% p.a. 18.04.18 Accumulating Luxembourg Unfunded swap
ETF
ISIN
1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
5 years
in %
iShares MSCI Eastern Europe Capped UCITS ETFIE00B0M63953 -0.22% 14.12% 21.30% 29.47% 25.37% 65.75%
Lyxor MSCI Eastern Europe ex Russia UCITS ETF - AccLU1900066462 1.12% 12.33% 15.87% 26.82% -5.97% 28.46%
Amundi MSCI Eastern Europe ex Russia UCITS ETF EUR (C)LU1681043755 1.06% 12.28% 15.86% 26.99% -3.80% 29.10%

Source: justETF.com; As of 31.07.21