The best Multi-Asset ETFs

How to invest in multi-asset ETFs

0.18% p.a. - 0.85% p.a.
annual total expense ratio (TER) of multi-asset ETFs
on portfolio strategies, which are tracked by ETFs
on portfolio strategies
 
The best indices for multi-asset ETFs

How do I invest in multi-asset ETFs?

With multi-asset ETFs, you can invest in exchange-traded funds that cover several ETFs and, usually, multiple asset classes at once. Such asset classes are, for example, equities, bonds, commodities or precious metals. Accordingly, multi-asset ETFs allow you to invest in several markets at once with just one ETF savings plan or a single order, thereby reducing your investment risk by diversification.

Some multi-asset ETFs modify their strategic asset allocation on a regular basis, while others follow a long-term Buy and Hold approach. So it is worth comparing. Currently, there are 38 multi-asset-ETFs available.
 

Xtrackers Portfolio performance

1 month: 0.49%
1 year: 6.96%
3 years: 28.84%
5 years: 33.29%
 

Multi-Asset ETFs in comparison

The most important factors at a glance

When choosing a multi-asset ETF one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all multi-asset ETFs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all multi-asset ETFs in detail
Compare all multi-asset ETFs in a chart

ETF name
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETFIE00BQWJFQ70 1,353 0.40% p.a. Distributing Ireland Optimized sampling
iShares US Equity Enhanced Active UCITS ETF USD (Acc)IE0009VWHAE6 1,041 0.20% p.a. Accumulating Ireland Full replication
iShares World Equity Enhanced Active UCITS ETF USD (Acc)IE000D8XC064 977 0.30% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) AccumulatingIE00BMVB5R75 860 0.25% p.a. Accumulating Ireland Full replication
Xtrackers Portfolio UCITS ETF 1CLU0397221945 665 0.70% p.a. Accumulating Luxembourg Full replication
Vanguard LifeStrategy 60% Equity UCITS ETF AccumulatingIE00BMVB5P51 647 0.25% p.a. Accumulating Ireland Full replication
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc)IE000OVF8Q66 576 0.30% p.a. Accumulating Ireland Full replication
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc)IE00000EF730 451 0.25% p.a. Accumulating Ireland Full replication
Amundi Multi-Asset Portfolio UCITS ETF DistDE000ETF7011 221 0.42% p.a. Distributing Germany Full replication
Vanguard LifeStrategy 40% Equity UCITS ETF AccumulatingIE00BMVB5M21 187 0.25% p.a. Accumulating Ireland Full replication
iShares World Equity Enhanced Active UCITS ETF EUR Hedged (Acc)IE000P1IQS65 166 0.30% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 60% Equity UCITS ETF DistributingIE00BMVB5Q68 86 0.25% p.a. Distributing Ireland Full replication
Vanguard LifeStrategy 20% Equity UCITS ETF AccumulatingIE00BMVB5K07 84 0.25% p.a. Accumulating Ireland Full replication
iShares Growth Portfolio UCITS ETF EUR (Acc)IE00BLLZQ805 70 0.25% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 80% Equity UCITS ETF DistributingIE00BMVB5S82 63 0.25% p.a. Distributing Ireland Full replication
Xtrackers Portfolio Income UCITS ETF 1DIE00B3Y8D011 59 0.65% p.a. Distributing Ireland Full replication
Amundi Multi-Asset Portfolio Defensive UCITS ETF DistDE000ETF7029 54 0.38% p.a. Distributing Germany Full replication
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc)IE000D5R9C23 50 0.30% p.a. Accumulating Ireland Full replication
Investlinx Balanced Income UCITS ETF ETF A EUR CapitalisationIE000PPEL1I4 44 0.85% p.a. Accumulating Ireland Full replication
WisdomTree Global Efficient Core UCITS ETF USD Unhedged AccIE00077IIPQ8 39 0.25% p.a. Accumulating Ireland Optimized sampling
VanEck Multi-Asset Balanced Allocation UCITS ETFNL0009272772 38 0.30% p.a. Distributing Netherlands Optimized sampling
Amundi Multi-Asset Portfolio Offensive UCITS ETF DistDE000ETF7037 35 0.49% p.a. Distributing Germany Full replication
iShares Moderate Portfolio UCITS ETF EUR (Acc)IE00BLLZQS08 35 0.25% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 40% Equity UCITS ETF DistributingIE00BMVB5N38 33 0.25% p.a. Distributing Ireland Full replication
VanEck Multi-Asset Growth Allocation UCITS ETFNL0009272780 31 0.32% p.a. Distributing Netherlands Optimized sampling
WisdomTree US Efficient Core UCITS ETF USD Unhedged AccIE000KF370H3 22 0.20% p.a. Accumulating Ireland Optimized sampling
VanEck Multi-Asset Conservative Allocation UCITS ETFNL0009272764 20 0.28% p.a. Distributing Netherlands Optimized sampling
Goshawk Global Balanced Fund UCITS ETF AccumulatingIE00BL643144 19 0.69% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 20% Equity UCITS ETF DistributingIE00BMVB5L14 14 0.25% p.a. Distributing Ireland Full replication
iShares Conservative Portfolio UCITS ETF EUR (Acc)IE00BLP53M98 12 0.25% p.a. Accumulating Ireland Full replication
Amundi Lifecycle 2030 UCITS ETF AccLU2872291948 6 0.18% p.a. Accumulating Luxembourg Full replication
Amundi Lifecycle 2036 UCITS ETF AccLU2872292169 5 0.18% p.a. Accumulating Luxembourg Full replication
Amundi Lifecycle 2033 UCITS ETF AccLU2872292086 5 0.18% p.a. Accumulating Luxembourg Full replication
Amundi Lifecycle 2039 UCITS ETF AccLU2872292243 5 0.18% p.a. Accumulating Luxembourg Full replication
iShares World Equity Enhanced Active UCITS ETF GBP Hedged (Acc)IE000ZYE17Z0 2 0.30% p.a. Accumulating Ireland Full replication
WisdomTree Eurozone Efficient Core UCITS ETF EUR Unhedged AccIE000OV4XWA3 1 0.25% p.a. Accumulating Ireland Optimized sampling
iShares US Equity Enhanced Active UCITS ETF EUR Hedged (Acc)IE000R7HJVO6 1 0.20% p.a. Accumulating Ireland Full replication
iShares US Equity Enhanced Active UCITS ETF GBP Hedged (Acc)IE000IX54FW5 1 0.20% p.a. Accumulating Ireland Full replication

Source: justETF.com; As of 07.12.25

 

Return comparison of all multi-asset ETFs

The table shows the returns of all multi-asset 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 %
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc) -3.17% 9.42% 17.61% 19.79% -
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc) -2.90% 9.40% 16.56% 19.50% -
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc) 0.17% 5.25% 6.02% 16.20% -
Amundi Multi-Asset Portfolio Offensive UCITS ETF Dist -0.29% 5.28% 8.49% 12.26% 35.87%
Amundi Multi-Asset Portfolio Defensive UCITS ETF Dist 0.48% 4.69% 6.15% 10.25% 28.81%
Amundi Multi-Asset Portfolio UCITS ETF Dist 0.14% 4.94% 7.47% 8.73% 24.15%
iShares World Equity Enhanced Active UCITS ETF USD (Acc) 0.18% 6.59% 12.47% 7.21% -
iShares Growth Portfolio UCITS ETF EUR (Acc) -0.40% 4.79% 10.06% 7.05% 34.54%
Xtrackers Portfolio UCITS ETF 1C -0.06% 4.53% 8.02% 7.00% 26.96%
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing -0.20% 5.64% 10.23% 6.79% 39.12%
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating -0.18% 5.63% 10.23% 6.78% 39.11%
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing -0.10% 4.58% 8.21% 5.78% 30.65%
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating -0.12% 4.60% 8.22% 5.77% 30.64%
WisdomTree Global Efficient Core UCITS ETF USD Unhedged Acc 0.42% 6.32% 11.56% 5.72% -
iShares US Equity Enhanced Active UCITS ETF USD (Acc) 0.18% 8.14% 15.53% 5.68% -
iShares Moderate Portfolio UCITS ETF EUR (Acc) 0.00% 3.40% 6.87% 5.63% 22.93%
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating -0.03% 3.57% 6.25% 4.63% 22.42%
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing -0.04% 3.55% 6.20% 4.61% 22.38%
WisdomTree US Efficient Core UCITS ETF USD Unhedged Acc 0.47% 7.24% 14.20% 4.42% -
VanEck Multi-Asset Growth Allocation UCITS ETF -0.29% 3.85% 4.83% 3.98% 25.75%
VanEck Multi-Asset Balanced Allocation UCITS ETF -0.01% 2.75% 4.08% 3.80% 22.10%
Xtrackers Portfolio Income UCITS ETF 1D -0.07% 2.46% 4.09% 3.36% 17.72%
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing 0.04% 2.57% 4.25% 3.29% 14.42%
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating 0.08% 2.57% 4.28% 3.27% 14.40%
iShares Conservative Portfolio UCITS ETF EUR (Acc) 0.19% 1.76% 3.18% 3.18% 11.13%
VanEck Multi-Asset Conservative Allocation UCITS ETF -0.13% 2.20% 2.74% 2.64% 16.89%
Investlinx Balanced Income UCITS ETF ETF A EUR Capitalisation -0.88% 2.15% 3.00% 1.81% -
SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF 1.62% 4.50% 4.87% 0.07% 13.39%
Goshawk Global Balanced Fund UCITS ETF Accumulating -0.42% 3.82% 5.66% 0.00% 27.96%
Amundi Lifecycle 2030 UCITS ETF Acc -0.10% 2.38% 3.51% - -
Amundi Lifecycle 2033 UCITS ETF Acc -0.10% 3.09% 4.98% - -
Amundi Lifecycle 2036 UCITS ETF Acc 0.00% 3.91% 6.47% - -
Amundi Lifecycle 2039 UCITS ETF Acc 0.10% 4.74% 7.89% - -
iShares US Equity Enhanced Active UCITS ETF EUR Hedged (Acc) 0.31% 6.60% 16.40% - -
iShares US Equity Enhanced Active UCITS ETF GBP Hedged (Acc) 0.81% 5.97% 13.03% - -
iShares World Equity Enhanced Active UCITS ETF EUR Hedged (Acc) 0.32% 5.82% 13.98% - -
iShares World Equity Enhanced Active UCITS ETF GBP Hedged (Acc) 0.96% 5.15% 10.53% - -
WisdomTree Eurozone Efficient Core UCITS ETF EUR Unhedged Acc -0.42% - - - -
ETF   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc) 18.57% - - - -
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc) 18.01% - - - -
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc) 16.90% - - - -
Amundi Multi-Asset Portfolio Offensive UCITS ETF Dist 10.48% 13.40% 13.46% -12.26% 19.73%
Amundi Multi-Asset Portfolio Defensive UCITS ETF Dist 9.82% 10.43% 8.99% -10.49% 7.98%
WisdomTree Global Efficient Core UCITS ETF USD Unhedged Acc 8.99% - - - -
iShares World Equity Enhanced Active UCITS ETF USD (Acc) 8.48% - - - -
iShares Growth Portfolio UCITS ETF EUR (Acc) 8.45% 17.06% 11.83% -18.38% 17.80%
Xtrackers Portfolio UCITS ETF 1C 8.32% 11.44% 11.29% -14.08% 14.52%
Amundi Multi-Asset Portfolio UCITS ETF Dist 8.05% 10.60% 8.03% -10.20% 16.55%
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating 7.66% 19.85% 15.11% -13.01% 20.75%
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing 7.61% 19.88% 15.10% -13.02% 20.74%
iShares Moderate Portfolio UCITS ETF EUR (Acc) 7.05% 9.93% 8.80% -15.82% 11.65%
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing 6.81% 14.71% 12.50% -13.88% 14.33%
iShares US Equity Enhanced Active UCITS ETF USD (Acc) 6.69% - - - -
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating 6.69% 14.71% 12.46% -13.86% 14.34%
WisdomTree US Efficient Core UCITS ETF USD Unhedged Acc 6.18% 28.10% - - -
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing 5.86% 9.81% 9.83% -14.72% 8.29%
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating 5.83% 9.81% 9.83% -14.71% 8.28%
VanEck Multi-Asset Growth Allocation UCITS ETF 5.59% 12.09% 11.85% -12.20% 19.65%
VanEck Multi-Asset Balanced Allocation UCITS ETF 5.26% 9.98% 10.67% -13.34% 13.59%
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing 4.72% 5.10% 7.29% -15.68% 2.49%
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating 4.71% 5.08% 7.29% -15.68% 2.47%
iShares Conservative Portfolio UCITS ETF EUR (Acc) 4.43% 3.96% 5.03% -13.77% 3.11%
Xtrackers Portfolio Income UCITS ETF 1D 4.05% 8.05% 8.01% -12.32% 7.59%
VanEck Multi-Asset Conservative Allocation UCITS ETF 3.83% 6.47% 10.28% -13.98% 7.53%
SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF 3.46% 9.70% 4.36% -9.32% 15.35%
Goshawk Global Balanced Fund UCITS ETF Accumulating 1.93% 14.58% 20.71% -27.23% 29.57%
Investlinx Balanced Income UCITS ETF ETF A EUR Capitalisation 1.14% 12.93% - - -
Amundi Lifecycle 2030 UCITS ETF Acc - - - - -
Amundi Lifecycle 2033 UCITS ETF Acc - - - - -
Amundi Lifecycle 2036 UCITS ETF Acc - - - - -
Amundi Lifecycle 2039 UCITS ETF Acc - - - - -
iShares US Equity Enhanced Active UCITS ETF EUR Hedged (Acc) - - - - -
iShares US Equity Enhanced Active UCITS ETF GBP Hedged (Acc) - - - - -
iShares World Equity Enhanced Active UCITS ETF EUR Hedged (Acc) - - - - -
iShares World Equity Enhanced Active UCITS ETF GBP Hedged (Acc) - - - - -
WisdomTree Eurozone Efficient Core UCITS ETF EUR Unhedged Acc - - - - -

Source: justETF.com; As of 30.11.25; Calculations in EUR including dividends