How to invest in Spain using ETFs
How do I invest in Spanish stocks?
The easiest way to invest in the Spanish stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Spanish stock market you'll find 1 index which is tracked by ETFs.
Besides ETFs on Spain, there are no regional ETFs available with significant weight of Spanish stocks. Even indices on Eurozone countries weight Spain with less than 10%.
Performance of Spanish stocks (IBEX 35)
1 month: 1.69%
1 year: 48.82%
3 years: 128.52%
5 years: 144.73%
Indices in comparison
The best indices for ETFs on Spain
For an investment in the Spanish stock market, there is 1 index available which is tracked by 1 ETF. On the Solactive Spain 40 index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is around 0.30% p.a..
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| Solactive Spain 40 | Spain | 1 ETF | 40 | The Solactive Spain 40 index tracks the 40 largest and most liquid Spanish stocks. |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Xtrackers Spanish Equity UCITS ETF 1DLU0994505336 | 280 | 0.30% p.a. | Distributing | Luxembourg | Full replication |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| Solactive Spain 40 | 3.08% | 11.04% | 18.76% | 49.24% | 115.36% |
| Index | 2025 in % | 2024 in % | 2023 in % | 2022 in % | 2021 in % | |
|---|---|---|---|---|---|---|
| Solactive Spain 40 | 49.70% | 15.02% | 27.01% | -2.15% | 12.34% |
Source: justETF.com; As of 30/11/2025; Calculations in EUR based on the largest ETF of the respective index.
The cheapest Spain ETFs
by total expense ratio (TER)
| 1 | Xtrackers Spanish Equity UCITS ETF 1D | 0.30% p.a. |