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 2 indices which are 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%.

0.30% p.a.
annual total expense ratio (TER) of Spain ETFs
on the Spanish stock market, which are tracked by ETFs
on the Spanish stock market
 
The best indices for Spain ETFs

Performance of Spanish stocks (IBEX 35)

1 month: 4.08%
1 year: 32.81%
3 years: 49.29%
5 years: 49.79%
 

Indices in comparison

The best indices for ETFs on Spain

For an investment in the Spanish stock market, there are 2 indices available which are tracked by 3 ETFs. On the IBEX 35 index there is 1 ETF. On the Solactive Spain 40 index there are 2 ETFs. 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
IBEX 35 Spain 1 ETF 35
The IBEX 35 index tracks the 35 largest Spanish stocks.
Solactive Spain 40 Spain 2 ETFs 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 201 0.30% p.a. Distributing Luxembourg Full replication
Amundi IBEX 35 UCITS ETF AccFR0010655746 100 0.30% p.a. Accumulating France Full replication
Xtrackers Spanish Equity UCITS ETF 1CLU0592216393 42 0.30% p.a. Accumulating Luxembourg Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Solactive Spain 40 3.07% 8.33% 3.59% 26.20% 45.71%
IBEX 35 4.25% 9.40% 9.55% 30.38% 52.13%
Index   2024
in %
2023
in %
2022
in %
2021
in %
2020
in %
Solactive Spain 40 16.79% 27.01% -2.15% 12.34% -10.36%
IBEX 35 21.17% 26.97% -1.51% 8.72% -12.92%

Source: justETF.com; As of 30.09.24; Calculations in EUR based on the largest ETF of the respective index.

 

The cheapest Spain ETFs
by total expense ratio (TER)

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