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).
Index factsheet |
|
| MSCI Italy | Italy | 2 ETFs | 24 (30.06.17) |
The MSCI Italy index tracks the leading Italian stocks. |
| ETF ISIN |
Fund size in m EUR |
TER in % |
Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| db x-trackers FTSE MIB UCITS ETF (DR) 1DLU0274212538 | 188 | 0.30% p.a. | Distributing | Luxembourg | Full replication | |
| iShares FTSE MIB UCITS ETF (Acc)IE00B53L4X51 | 116 | 0.33% p.a. | Accumulating | Ireland | Full replication | |
| Amundi ETF MSCI Italy UCITS ETFFR0010655720 | 46 | 0.25% p.a. | Accumulating | France | Unfunded swap | |
| ComStage MSCI Italy TRN UCITS ETFLU1104574725 | 3 | 0.25% p.a. | Accumulating | Luxembourg | Unfunded swap |
| Index | 1 month in % |
3 months in % |
6 months in % |
1 year in % |
3 years in % |
|
|---|---|---|---|---|---|---|
| MSCI Italy | 4.06% | 6.01% | 17.18% | 28.36% | 8.41% | |
| FTSE MIB | 4.53% | 5.78% | 17.83% | 30.92% | 12.72% |
| Index | 2017 in % |
2016 in % |
2015 in % |
2014 in % |
2013 in % |
|
|---|---|---|---|---|---|---|
| MSCI Italy | 11.47% | -7.56% | 13.97% | 2.86% | 15.16% | |
| FTSE MIB | 14.15% | -7.48% | 14.85% | 1.96% | 19.38% |
Source: justETF.com; As of 31.07.17; Calculations in EUR based on the largest ETF of the respective index.
The best Italy ETFs
by 1 year return
| 1 | db x-trackers FTSE MIB UCITS ETF (DR) 1D | 30.92% |
| 2 | iShares FTSE MIB UCITS ETF (Acc) | 30.76% |
| 3 | Amundi ETF MSCI Italy UCITS ETF | 28.36% |
The cheapest Italy ETFs
by total expense ratio (TER)
| 1 | Amundi ETF MSCI Italy UCITS ETF | 0.25% p.a. |
| 2 | ComStage MSCI Italy TRN UCITS ETF | 0.25% p.a. |
| 3 | db x-trackers FTSE MIB UCITS ETF (DR) 1D | 0.30% p.a. |