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 44 multi-asset-ETFs available.
 

Xtrackers Portfolio performance

1 month: 1.43%
1 year: 8.80%
3 years: 31.62%
5 years: 29.78%
 

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 1,426 0.40% p.a. Distributing Ireland Optimized sampling
iShares World Equity Enhanced Active UCITS ETF USD (Acc)IE000D8XC064 1,242 0.30% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) AccumulatingIE00BMVB5R75 923 0.25% p.a. Accumulating Ireland Full replication
iShares US Equity Enhanced Active UCITS ETF USD (Acc)IE0009VWHAE6 885 0.20% p.a. Accumulating Ireland Full replication
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc)IE000OVF8Q66 784 0.30% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 60% Equity UCITS ETF AccumulatingIE00BMVB5P51 709 0.25% p.a. Accumulating Ireland Full replication
Xtrackers Portfolio UCITS ETF 1CLU0397221945 688 0.70% p.a. Accumulating Luxembourg Full replication
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc)IE00000EF730 547 0.25% p.a. Accumulating Ireland Full replication
Amundi Multi-Asset Portfolio UCITS ETF DistDE000ETF7011 238 0.42% p.a. Distributing Germany Full replication
Vanguard LifeStrategy 40% Equity UCITS ETF AccumulatingIE00BMVB5M21 202 0.25% p.a. Accumulating Ireland Full replication
iShares World Equity Enhanced Active UCITS ETF EUR Hedged (Acc)IE000P1IQS65 190 0.30% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 20% Equity UCITS ETF AccumulatingIE00BMVB5K07 92 0.25% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 60% Equity UCITS ETF DistributingIE00BMVB5Q68 91 0.25% p.a. Distributing Ireland Full replication
iShares Growth Portfolio UCITS ETF EUR (Acc)IE00BLLZQ805 75 0.25% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 80% Equity UCITS ETF DistributingIE00BMVB5S82 69 0.25% p.a. Distributing Ireland Full replication
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc)IE000D5R9C23 65 0.30% p.a. Accumulating Ireland Full replication
Amundi Multi-Asset Portfolio Defensive UCITS ETF DistDE000ETF7029 64 0.38% p.a. Distributing Germany Full replication
Xtrackers Portfolio Income UCITS ETF 1DIE00B3Y8D011 60 0.65% p.a. Distributing Ireland Full replication
WisdomTree Global Efficient Core UCITS ETF USD Unhedged AccIE00077IIPQ8 46 0.25% p.a. Accumulating Ireland Optimized sampling
iMGP DBi Managed Futures Fund R USD UCITS ETFLU2951555585 44 0.75% p.a. Accumulating Luxembourg Swap-based
Investlinx Balanced Income UCITS ETF ETF A EUR CapitalisationIE000PPEL1I4 43 0.85% p.a. Accumulating Ireland Full replication
Amundi Multi-Asset Portfolio Offensive UCITS ETF DistDE000ETF7037 39 0.49% p.a. Distributing Germany Full replication
VanEck Multi-Asset Balanced Allocation UCITS ETFNL0009272772 39 0.30% p.a. Distributing Netherlands Optimized sampling
iShares Moderate Portfolio UCITS ETF EUR (Acc)IE00BLLZQS08 37 0.25% p.a. Accumulating Ireland Full replication
Vanguard LifeStrategy 40% Equity UCITS ETF DistributingIE00BMVB5N38 35 0.25% p.a. Distributing Ireland Full replication
VanEck Multi-Asset Growth Allocation UCITS ETFNL0009272780 32 0.32% p.a. Distributing Netherlands Optimized sampling
VanEck Multi-Asset Conservative Allocation UCITS ETFNL0009272764 21 0.28% p.a. Distributing Netherlands Optimized sampling
WisdomTree US Efficient Core UCITS ETF USD Unhedged AccIE000KF370H3 19 0.20% p.a. Accumulating Ireland 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 15 0.25% p.a. Distributing Ireland Full replication
iShares Conservative Portfolio UCITS ETF EUR (Acc)IE00BLP53M98 14 0.25% p.a. Accumulating Ireland Full replication
iShares US Equity Enhanced Active UCITS ETF EUR Hedged (Acc)IE000R7HJVO6 8 0.20% p.a. Accumulating Ireland Full replication
Amundi Lifecycle 2036 UCITS ETF AccLU2872292169 6 0.18% p.a. Accumulating Luxembourg Full replication
Amundi Lifecycle 2030 UCITS ETF AccLU2872291948 6 0.18% p.a. Accumulating Luxembourg Full replication
JPMorgan Strategic Allocation Growth Active UCITS ETF EUR (Acc)IE000MVWFDH1 5 0.35% p.a. Accumulating Ireland Full replication
JPMorgan Strategic Allocation Moderate Active UCITS ETF EUR (Acc)IE000TWAN2K7 5 0.35% p.a. Accumulating Ireland Full replication
JPMorgan Strategic Allocation Conservative Active UCITS ETF EUR (Acc)IE000FASRFS4 5 0.35% p.a. Accumulating Ireland 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
HANetf Infrastructure Capital Preferred Income UCITS ETF (Dist)IE0008LRGGP4 4 0.80% p.a. Distributing Ireland Full replication
ODDO BHF Global Balanced Allocation Active UCITS ETF (Acc)IE000V0Q8BV4 3 0.30% p.a. Accumulating Ireland Full replication
WisdomTree Eurozone Efficient Core UCITS ETF EUR Unhedged AccIE000OV4XWA3 3 0.20% p.a. Accumulating Ireland Optimized sampling
iShares World Equity Enhanced Active UCITS ETF GBP Hedged (Acc)IE000ZYE17Z0 2 0.30% p.a. Accumulating Ireland Full replication
iShares US Equity Enhanced Active UCITS ETF GBP Hedged (Acc)IE000IX54FW5 0 0.20% p.a. Accumulating Ireland Full replication

Source: justETF.com; As of 11.02.26

 

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 Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc) 7.29% 6.00% 18.39% 25.87% -
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc) 6.48% 4.52% 17.29% 25.81% -
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc) 2.50% 6.59% 12.84% 16.48% -
Amundi Multi-Asset Portfolio Offensive UCITS ETF Dist 3.20% 4.15% 9.67% 11.76% 40.81%
Amundi Multi-Asset Portfolio Defensive UCITS ETF Dist 1.87% 3.83% 8.67% 10.75% 32.26%
Amundi Multi-Asset Portfolio UCITS ETF Dist 2.42% 3.70% 8.79% 9.02% 29.20%
iShares Growth Portfolio UCITS ETF EUR (Acc) 1.19% 1.87% 8.38% 8.23% 38.73%
Xtrackers Portfolio UCITS ETF 1C 1.56% 1.30% 6.57% 7.49% 30.25%
iShares Moderate Portfolio UCITS ETF EUR (Acc) 0.62% 1.25% 5.38% 6.25% 24.71%
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating 1.38% 0.76% 7.16% 6.10% 43.20%
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing 1.36% 0.73% 7.11% 6.08% 43.14%
VanEck Multi-Asset Growth Allocation UCITS ETF 2.60% 2.69% 7.55% 6.05% 30.29%
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing 1.09% 0.54% 5.74% 5.57% 33.15%
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating 1.06% 0.53% 5.72% 5.52% 33.15%
VanEck Multi-Asset Balanced Allocation UCITS ETF 1.93% 2.04% 5.45% 5.27% 25.76%
iShares World Equity Enhanced Active UCITS ETF USD (Acc) 0.91% 0.55% 8.22% 5.13% -
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating 0.78% 0.30% 4.32% 4.83% 23.58%
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing 0.77% 0.31% 4.32% 4.83% 23.57%
iShares Conservative Portfolio UCITS ETF EUR (Acc) 0.58% 1.16% 3.15% 4.38% 12.21%
Amundi Lifecycle 2039 UCITS ETF Acc 0.96% 0.67% 5.54% 4.18% -
VanEck Multi-Asset Conservative Allocation UCITS ETF 1.58% 1.42% 4.09% 4.14% 19.89%
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing 0.54% 0.12% 2.93% 3.96% 14.45%
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating 0.51% 0.12% 2.94% 3.94% 14.44%
WisdomTree Global Efficient Core UCITS ETF USD Unhedged Acc 0.47% -0.35% 6.68% 3.86% -
Amundi Lifecycle 2036 UCITS ETF Acc 0.97% 0.48% 4.61% 3.78% -
Xtrackers Portfolio Income UCITS ETF 1D 0.90% 0.75% 3.61% 3.76% 19.08%
Amundi Lifecycle 2033 UCITS ETF Acc 0.97% 0.48% 3.69% 3.38% -
Amundi Lifecycle 2030 UCITS ETF Acc 0.78% 0.29% 2.68% 2.98% -
iShares US Equity Enhanced Active UCITS ETF USD (Acc) -0.54% -1.79% 6.41% 1.67% -
SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF 1.40% 1.21% 3.55% 1.42% 15.03%
WisdomTree US Efficient Core UCITS ETF USD Unhedged Acc -0.89% -2.70% 4.59% 0.18% -
Goshawk Global Balanced Fund UCITS ETF Accumulating 2.00% 1.36% 6.38% -0.31% 30.32%
Investlinx Balanced Income UCITS ETF ETF A EUR Capitalisation -1.14% -2.64% -0.25% -3.57% -
HANetf Infrastructure Capital Preferred Income UCITS ETF (Dist) 0.36% -0.06% - - -
iMGP DBi Managed Futures Fund R USD UCITS ETF 2.21% 3.75% 14.28% - -
iShares US Equity Enhanced Active UCITS ETF EUR Hedged (Acc) 0.78% 0.78% 9.63% - -
iShares US Equity Enhanced Active UCITS ETF GBP Hedged (Acc) 1.60% 2.56% 10.47% - -
iShares World Equity Enhanced Active UCITS ETF EUR Hedged (Acc) 1.56% 2.37% 10.56% - -
iShares World Equity Enhanced Active UCITS ETF GBP Hedged (Acc) 2.43% 4.25% 11.44% - -
JPMorgan Strategic Allocation Conservative Active UCITS ETF EUR (Acc) - - - - -
JPMorgan Strategic Allocation Growth Active UCITS ETF EUR (Acc) - - - - -
JPMorgan Strategic Allocation Moderate Active UCITS ETF EUR (Acc) - - - - -
ODDO BHF Global Balanced Allocation Active UCITS ETF (Acc) 0.99% - - - -
WisdomTree Eurozone Efficient Core UCITS ETF EUR Unhedged Acc 2.10% 3.64% - - -
ETF   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc) 6.92% 19.25% - - -
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc) 6.12% 18.86% - - -
Amundi Multi-Asset Portfolio Offensive UCITS ETF Dist 3.20% 12.38% 13.40% 13.46% -12.26%
VanEck Multi-Asset Growth Allocation UCITS ETF 2.60% 6.09% 12.09% 11.85% -12.20%
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc) 2.50% 20.48% - - -
Amundi Multi-Asset Portfolio UCITS ETF Dist 2.42% 10.15% 10.60% 8.03% -10.20%
WisdomTree Eurozone Efficient Core UCITS ETF EUR Unhedged Acc 2.14% - - - -
VanEck Multi-Asset Balanced Allocation UCITS ETF 1.93% 5.47% 9.98% 10.67% -13.34%
iShares World Equity Enhanced Active UCITS ETF GBP Hedged (Acc) 1.88% - - - -
Amundi Multi-Asset Portfolio Defensive UCITS ETF Dist 1.87% 11.82% 10.43% 8.99% -10.49%
Goshawk Global Balanced Fund UCITS ETF Accumulating 1.79% 1.39% 14.58% 20.71% -27.23%
VanEck Multi-Asset Conservative Allocation UCITS ETF 1.58% 3.86% 6.47% 10.28% -13.98%
iShares World Equity Enhanced Active UCITS ETF EUR Hedged (Acc) 1.56% - - - -
iMGP DBi Managed Futures Fund R USD UCITS ETF 1.29% - - - -
iShares Growth Portfolio UCITS ETF EUR (Acc) 1.19% 9.91% 17.06% 11.83% -18.38%
Xtrackers Portfolio UCITS ETF 1C 1.08% 7.59% 11.44% 11.29% -14.08%
Xtrackers Portfolio Income UCITS ETF 1D 1.05% 3.82% 8.05% 8.01% -12.32%
Amundi Lifecycle 2036 UCITS ETF Acc 0.87% - - - -
SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF 0.82% 0.79% 9.70% 4.36% -9.32%
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing 0.82% 7.14% 19.88% 15.10% -13.02%
ODDO BHF Global Balanced Allocation Active UCITS ETF (Acc) 0.79% - - - -
iShares US Equity Enhanced Active UCITS ETF EUR Hedged (Acc) 0.78% - - - -
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating 0.74% 7.14% 19.85% 15.11% -13.01%
Amundi Lifecycle 2039 UCITS ETF Acc 0.67% - - - -
iShares US Equity Enhanced Active UCITS ETF GBP Hedged (Acc) 0.66% - - - -
iShares Moderate Portfolio UCITS ETF EUR (Acc) 0.62% 7.36% 9.93% 8.80% -15.82%
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing 0.62% 6.36% 14.71% 12.50% -13.88%
Amundi Lifecycle 2030 UCITS ETF Acc 0.58% - - - -
iShares Conservative Portfolio UCITS ETF EUR (Acc) 0.58% 4.41% 3.96% 5.03% -13.77%
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating 0.50% 6.38% 14.71% 12.46% -13.86%
Amundi Lifecycle 2033 UCITS ETF Acc 0.48% - - - -
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing 0.46% 5.42% 9.81% 9.83% -14.72%
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating 0.37% 5.40% 9.81% 9.83% -14.71%
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing 0.31% 4.19% 5.10% 7.29% -15.68%
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating 0.12% 4.26% 5.08% 7.29% -15.68%
iShares World Equity Enhanced Active UCITS ETF USD (Acc) 0.00% 8.09% - - -
WisdomTree Global Efficient Core UCITS ETF USD Unhedged Acc -0.12% 6.94% - - -
HANetf Infrastructure Capital Preferred Income UCITS ETF (Dist) -0.24% - - - -
Investlinx Balanced Income UCITS ETF ETF A EUR Capitalisation -0.57% 0.57% 12.93% - -
WisdomTree US Efficient Core UCITS ETF USD Unhedged Acc -0.74% 4.00% 28.10% - -
iShares US Equity Enhanced Active UCITS ETF USD (Acc) -1.26% 5.35% - - -
JPMorgan Strategic Allocation Conservative Active UCITS ETF EUR (Acc) - - - - -
JPMorgan Strategic Allocation Growth Active UCITS ETF EUR (Acc) - - - - -
JPMorgan Strategic Allocation Moderate Active UCITS ETF EUR (Acc) - - - - -

Source: justETF.com; As of 31.01.26; Calculations in EUR including dividends