Banco Santander SA

ISIN ES0113900J37

WKN 858872

Market cap (in EUR)

139,093 m

Country

Spain

Sector

Finance

Dividend yield

1.92%

Overview

Quote

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Description

Banco Santander SA is a banking services company, which engages in the provision of banking services to individuals, companies, and institutions. It operates through the following segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, Payments, and Corporate Centre. The Retail & Commercial Banking segment integrates the retail banking business for individuals and commercial banking. The Digital Consumer Bank segment includes Santander Consumer Finance, which incorporates the entire consumer finance business in Europe, Openbank, Open Digital Services (ODS), and SBNA Consumer. The Corporate & Investment Banking segment includes markets, investment banking, finance, and global transactional banking; offers products and services on a global scale to corporate and institutional customers; and collaborates with other global businesses to better serve a broad customer base. The Wealth Management & Insurance segment includes the corporate unit of private banking and international private banking in Miami and Switzerland, the asset management business, the insurance business, and the unit that manages the investment platforms and stakes that complement wealth's traditional business. The Payments segment is involved in digital payment solutions, providing global technology solutions for banks and new customers in the open market. The Corporate Center segment includes centralized activities relating to equity stakes in financial companies and the financial management of the structural exchange rate position. The company was founded on March 21, 1857 and is headquartered in Madrid, Spain.

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Finance Banking International Banks Spain

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Financials

Key metrics

Market capitalisation, EUR	139,093 m
EPS, EUR	0.95
P/B ratio	1.4
P/E ratio	10.5
Dividend yield	1.92%

Income statement (2025)

Revenue, EUR	124,423 m
Net income, EUR	12,559 m
Profit margin	10.09%

What ETF is Banco Santander SA in?

There are 371 ETFs which contain Banco Santander SA. All of these ETFs are listed in the table below. The ETF with the largest weighting of Banco Santander SA is the Xtrackers Spanish Equity UCITS ETF 1C.

ETF	Weight	Investment focus	Fund size (in m EUR)
iShares MSCI World Sector & Country Neutral Equal Weight UCITS ETF USD (Acc)	0.08%	Equity World Equal Weighted	18
UBS Core MSCI World UCITS ETF hCHF acc	0.20%	Equity World	848
BNP Paribas Easy EURO STOXX 50 UCITS ETF	3.70%	Equity Europe	833
Xtrackers Portfolio UCITS ETF 1C	0.21%	Equity World Multi-Asset Strategy	685
iShares STOXX Europe Large 200 UCITS ETF (DE)	1.50%	Equity Europe Large Cap	123
iShares Core MSCI Europe UCITS ETF EUR (Acc)	1.32%	Equity Europe	14,563
Invesco MSCI World Equal Weight UCITS ETF Acc	0.08%	Equity World Equal Weighted	1,097
iShares Moderate Portfolio UCITS ETF EUR (Acc)	0.07%	Equity World Social/Environmental Multi-Asset Strategy	38
Amundi MSCI EMU ESG Broad Transition UCITS ETF Acc	2.62%	Equity Europe Social/Environmental Climate Change	1,145
Xtrackers MSCI World Value UCITS ETF 1C	0.86%	Equity World Value	3,687
iShares EURO STOXX Banks 30-15 UCITS ETF (DE)	13.84%	Equity Europe Financials	2,342
Xtrackers Spanish Equity UCITS ETF 1D	19.86%	Equity Spain	291
UBS Core MSCI Europe UCITS ETF EUR dis	1.34%	Equity Europe	1,023
State Street SPDR MSCI World Financials UCITS ETF USD	1.34%	Equity World Financials	276
Xtrackers MSCI World ex USA UCITS ETF 1C	0.77%	Equity World	4,941
Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc)	0.20%	Equity World Social/Environmental Climate Change	7
Amundi Core EURO STOXX 50 UCITS ETF USD Acc	3.70%	Equity Europe	38
Xtrackers Europe Biodiversity Focus SRI UCITS ETF 1C	1.74%	Equity Europe Social/Environmental	9
UBS Core MSCI World UCITS ETF USD dis	0.22%	Equity World	1,387
BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF Dist	6.08%	Equity Europe Social/Environmental Climate Change	38
UBS MSCI World ex USA UCITS ETF USD acc	0.77%	Equity World	82
BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF USD Acc	0.10%	Equity World Equal Weighted	22
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing	0.02%	Equity World Multi-Asset Strategy	36
Xtrackers EURO STOXX 50 UCITS ETF 1D	3.71%	Equity Europe	5,362
VanEck European Equal Weight Screened UCITS ETF A	1.48%	Equity Europe Equal Weighted	80
iShares MSCI ACWI UCITS ETF USD (Dist)	0.20%	Equity World	4
iShares MSCI EMU ESG Enhanced CTB UCITS ETF EUR (Dist)	2.74%	Equity Europe Social/Environmental	468
UBS MSCI EMU Climate Paris Aligned UCITS ETF EUR acc	2.19%	Equity Europe Social/Environmental Climate Change	4
Deka MSCI World Climate Change ESG UCITS ETF	0.21%	Equity World Social/Environmental Climate Change	1,485
Xtrackers MSCI AC World Screened UCITS ETF 2C - EUR Hedged	0.21%	Equity World Social/Environmental	68
iShares Edge MSCI Europe Momentum Factor UCITS ETF	5.11%	Equity Europe Momentum	731
Vanguard ESG Global All Cap UCITS ETF (USD) Distributing	0.22%	Equity World Social/Environmental	485
Xtrackers Spanish Equity UCITS ETF 1C	20.65%	Equity Spain	183
HSBC Europe Ex UK Screened Equity UCITS ETF EUR (Dist)	0.71%	Equity Europe Social/Environmental Climate Change	31
iShares MSCI Europe Paris-Aligned Climate UCITS ETF EUR (Acc)	1.17%	Equity Europe Social/Environmental Climate Change	144
Scalable MSCI AC World Xtrackers UCITS ETF 1C	0.20%	Equity World	472
Amundi MSCI Europe ESG Broad Transition UCITS ETF EUR Hedged Acc	1.44%	Equity Europe Social/Environmental Climate Change	57
Invesco MSCI Europe Equal Weight UCITS ETF Acc	0.30%	Equity Europe Equal Weighted	359
Amundi Core Stoxx Europe 600 UCITS ETF Acc	1.26%	Equity Europe	16,591
Amundi STOXX Europe 600 ESG UCITS ETF DR EUR (C)	1.50%	Equity Europe Social/Environmental	1,406
Amundi Prime All Country World UCITS ETF GBP Hedged Dist	0.20%	Equity World	26
Deka EURO STOXX 50 ESG Filtered UCITS ETF	5.00%	Equity Europe Social/Environmental	311
Ossiam Bloomberg Eurozone PAB NR UCITS ETF 1C (EUR)	3.40%	Equity Europe Social/Environmental Climate Change	296
Amundi MSCI Europe UCITS ETF Acc	1.34%	Equity Europe	612
Xtrackers Stoxx Europe 600 UCITS ETF 2C - EUR Hedged	1.21%	Equity Europe	10
Amundi EURO STOXX 50 II UCITS ETF USD Hedged Acc	3.72%	Equity Europe	120
UBS Core MSCI EMU UCITS ETF hUSD acc	2.49%	Equity Europe	1,056
iShares MSCI EMU Screened UCITS ETF EUR (Dist)	2.77%	Equity Europe Social/Environmental	647
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing	0.02%	Equity World Multi-Asset Strategy	14
Deka Oekom Euro Nachhaltigkeit UCITS ETF	6.45%	Equity Europe Social/Environmental	511
State Street SPDR MSCI All Country World UCITS ETF USD Hedged (Acc)	0.20%	Equity World	66
Amundi MSCI World Momentum Advanced UCITS ETF Acc	2.19%	Equity World Momentum Climate Change	489
Invesco FTSE All-World UCITS ETF EUR PfHdg Acc	0.30%	Equity World	39
HSBC EURO STOXX 50 UCITS ETF EUR	3.72%	Equity Europe	1,312
Xtrackers MSCI World UCITS ETF 1D	0.22%	Equity World	4,285
Amundi IBEX 35 UCITS ETF Acc	17.64%	Equity Spain	409
Invesco EURO STOXX 50 Equal Weight UCITS ETF (Acc)	2.20%	Equity Europe Equal Weighted	1
JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	1.83%	Equity Europe Social/Environmental	122
iShares EURO STOXX UCITS ETF (DE)	2.36%	Equity Europe	2,756
iShares EURO STOXX 50 UCITS ETF (DE)	3.69%	Equity Europe	8,951
Xtrackers MSCI EMU UCITS ETF 4C	2.49%	Equity Europe	7
UBS MSCI ACWI Universal UCITS ETF USD dis	0.28%	Equity World Social/Environmental	2,079
HSBC MSCI World UCITS ETF EUR Hedged (Acc)	0.24%	Equity World	677
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF EUR (acc)	0.28%	Equity World Social/Environmental	1
JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	0.31%	Equity World Social/Environmental	89
iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)	0.86%	Equity World Value	262
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating	0.02%	Equity World Multi-Asset Strategy	205
iShares Core MSCI Europe UCITS ETF EUR (Dist)	1.32%	Equity Europe	10,442
iShares MSCI World Momentum Factor Advanced UCITS ETF USD (Acc)	1.05%	Equity World Momentum	215
Vanguard ESG Developed Europe All Cap UCITS ETF (EUR) Accumulating	1.69%	Equity Europe Social/Environmental	124
Vanguard FTSE All-World High Dividend Yield UCITS ETF Distributing	0.47%	Equity World Dividend	7,516
iShares STOXX Europe 600 Banks UCITS ETF (DE)	8.54%	Equity Europe Financials	3,572
BNP Paribas Easy ESG Enhanced Europe UCITS ETF Acc	1.29%	Equity Europe Social/Environmental	367
JPMorgan Europe Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	1.83%	Equity Europe Social/Environmental	2,778
Amundi Prime Europe UCITS ETF DR (D)	1.37%	Equity Europe	210
iShares STOXX Europe 50 UCITS ETF (DE)	4.31%	Equity Europe	131
Fidelity Europe Equity Research Enhanced UCITS ETF ACC-Euro	1.87%	Equity Europe Social/Environmental	130
Amundi EURO STOXX 50 II UCITS ETF Acc	3.72%	Equity Europe	3,885
Invesco Europe Enhanced Equity UCITS ETF Acc	1.90%	Equity Europe Multi-Factor Strategy	171
BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	0.10%	Equity World Equal Weighted	33
Amundi MSCI Europe Action UCITS ETF Dist	1.99%	Equity Europe Social/Environmental Climate Change	2,261
Amundi Core MSCI EMU UCITS ETF Dist	2.49%	Equity Europe	626
First Trust Eurozone AlphaDEX UCITS ETF Acc	0.67%	Equity Europe Multi-Factor Strategy	114
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF EUR (acc)	0.40%	Equity World Social/Environmental Climate Change	289
Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF 1C	1.45%	Equity Europe Social/Environmental Climate Change	6
Amundi Core MSCI Europe UCITS ETF Acc	1.33%	Equity Europe	3,926
Xtrackers Portfolio Income UCITS ETF 1D	0.07%	Equity World Multi-Asset Strategy	59
Deka STOXX Europe 50® UCITS ETF	2.58%	Equity Europe	158
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF USD C	0.19%	Equity World Social/Environmental	24
BNP Paribas Easy EURO STOXX 50 UCITS ETF	3.70%	Equity Europe	732
iShares Core MSCI EMU UCITS ETF EUR (Dist)	2.48%	Equity Europe	437
iShares STOXX Europe 600 UCITS ETF (DE) EUR (Acc)	1.24%	Equity Europe	774
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating	0.05%	Equity World Multi-Asset Strategy	936
iShares Core EURO STOXX 50 UCITS ETF EUR (Acc)	3.32%	Equity Europe	6,795
Goldman Sachs Alpha Enhanced Europe Equity Active UCITS ETF CLASS EUR (Acc)	1.10%	Equity Europe	137
Amundi MSCI World ESG Broad Transition UCITS ETF Dist	0.22%	Equity World Social/Environmental Climate Change	234
Amundi S&P Global Financials ESG UCITS ETF DR EUR (D)	1.45%	Equity World Financials Social/Environmental	74
Amundi Prime Global UCITS ETF Acc	0.23%	Equity World	1,177
Xtrackers MSCI EMU UCITS ETF 1D	2.49%	Equity Europe	1,800
Fidelity Global Quality Value UCITS ETF ACC-USD	0.87%	Equity World Multi-Factor Strategy	4
iShares STOXX Europe 600 UCITS ETF (DE)	1.24%	Equity Europe	8,759
HSBC MSCI World UCITS ETF USD	0.24%	Equity World	12,363
Amundi IBEX 35 UCITS ETF Dist	16.22%	Equity Spain	459
L&G MSCI Europe Climate Pathway UCITS ETF EUR Accumulating ETF	1.60%	Equity Europe Social/Environmental Climate Change	958
L&G Global Equity UCITS ETF	0.23%	Equity World Social/Environmental	925
Xtrackers S&P Europe ex UK UCITS ETF	1.78%	Equity Europe	264
Vanguard FTSE All-World High Dividend Yield UCITS ETF Acc	0.47%	Equity World Dividend	1,865
Invesco MSCI World Universal Screened UCITS ETF Acc	0.30%	Equity World Social/Environmental	211
BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF	6.08%	Equity Europe Social/Environmental Climate Change	417
UBS MSCI ACWI Universal UCITS ETF hCHF dis	0.28%	Equity World Social/Environmental	34
UBS Core MSCI World UCITS ETF hGBP dis	0.22%	Equity World	90
BNP Paribas Easy Low Carbon 300 World PAB UCITS ETF Acc	0.62%	Equity World Social/Environmental Climate Change	103
UBS MSCI ACWI Universal UCITS ETF hCHF acc	0.28%	Equity World Social/Environmental	1,381
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing	0.05%	Equity World Multi-Asset Strategy	69
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF USD (acc)	0.28%	Equity World Social/Environmental	174
iShares MSCI EMU Paris-Aligned Climate UCITS ETF EUR (Dist)	2.29%	Equity Europe Social/Environmental Climate Change	611
Xtrackers MSCI World Momentum ESG UCITS ETF	2.14%	Equity World Momentum	213
HSBC Europe Screened Equity UCITS ETF EUR (Dist)	0.57%	Equity Europe Social/Environmental Climate Change	2
UBS Core MSCI World UCITS ETF hEUR acc	0.20%	Equity World	407
WisdomTree Europe Equity UCITS ETF GBP Hedged	5.81%	Equity Europe Dividend	3
iShares Core MSCI EMU UCITS ETF EUR (Acc)	2.48%	Equity Europe	5,905
iShares MSCI Europe Paris-Aligned Climate UCITS ETF EUR (Dist)	1.17%	Equity Europe Social/Environmental Climate Change	32
iShares Conservative Portfolio UCITS ETF EUR (Acc)	0.02%	Equity World Social/Environmental Multi-Asset Strategy	15
Franklin FTSE Developed World UCITS ETF USD Capitalisation	0.22%	Equity World	17
Fidelity Global Equity Research Enhanced UCITS ETF ACC-USD	0.24%	Equity World Social/Environmental	199
Amundi Core Stoxx Europe 600 UCITS ETF USD Hedged Acc	1.26%	Equity Europe	112
WisdomTree Europe Equity UCITS ETF EUR Acc	5.81%	Equity Europe Dividend	10
BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc	0.23%	Equity World Social/Environmental	125
Xtrackers DJE Europe Equity Research UCITS ETF 1C	2.52%	Equity Europe Multi-Factor Strategy	45
iShares Edge MSCI World Value Factor UCITS ETF	0.86%	Equity World Value	4,948
Amundi Core MSCI World UCITS ETF Acc	0.22%	Equity World	12,301
HSBC MSCI Europe UCITS ETF EUR (Acc)	1.35%	Equity Europe	90
iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc)	4.70%	Equity Europe Social/Environmental	96
Deka EURO STOXX 50 UCITS ETF	3.72%	Equity Europe	1,214
Xtrackers MSCI EMU Climate Transition UCITS ETF 1C	2.68%	Equity Europe Social/Environmental Climate Change	16
JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	0.29%	Equity World Social/Environmental	5,001
iShares MSCI World Financials Sector Advanced UCITS ETF USD (Dist)	1.17%	Equity World Financials Social/Environmental	340
iShares MSCI World Climate Transition Aware UCITS ETF USD (Acc)	0.38%	Equity World Social/Environmental Climate Change	6
Amundi European Strategic Autonomy UCITS ETF Acc	0.93%	Equity Europe	11
UBS MSCI World ex USA Climate Paris Aligned UCITS ETF USD acc	0.44%	Equity World Social/Environmental Climate Change	40
iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)	1.28%	Equity World Momentum	3,350
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating	0.03%	Equity World Multi-Asset Strategy	721
WisdomTree Europe Equity UCITS ETF USD Hedged Acc	5.81%	Equity Europe Dividend	41
Amundi EURO STOXX 50 II UCITS ETF GBP Hedged Acc	3.72%	Equity Europe	23
iShares Moderate Portfolio UCITS ETF USD Hedged (Acc)	0.07%	Equity World Social/Environmental Multi-Asset Strategy	6
iShares MSCI EMU Paris-Aligned Climate UCITS ETF EUR (Acc)	2.29%	Equity Europe Social/Environmental Climate Change	1,212
UBS MSCI EMU Value UCITS ETF EUR dis	4.96%	Equity Europe Value	279
UBS Core MSCI Europe UCITS ETF hEUR acc	1.34%	Equity Europe	123
UBS MSCI Europe Climate Paris Aligned UCITS ETF EUR acc	1.13%	Equity Europe Social/Environmental Climate Change	6
UBS EURO STOXX 50 ESG UCITS ETF EUR dis	4.70%	Equity Europe Social/Environmental	3,284
iShares Core MSCI World UCITS ETF USD (Acc)	0.23%	Equity World	110,999
iShares MSCI EMU Climate Transition Aware UCITS ETF EUR (Dist)	4.25%	Equity Europe Social/Environmental Climate Change	0
Xtrackers Stoxx Europe 600 UCITS ETF 1D	1.21%	Equity Europe	932
iShares MSCI World Climate Transition Aware UCITS ETF USD (Dist)	0.38%	Equity World Social/Environmental Climate Change	2
UBS MSCI EMU Universal UCITS ETF EUR acc	3.22%	Equity Europe Social/Environmental Climate Change	194
iShares Growth Portfolio UCITS ETF EUR (Acc)	0.13%	Equity World Social/Environmental Multi-Asset Strategy	78
Amundi Core MSCI Europe UCITS ETF Dist	1.33%	Equity Europe	664
State Street SPDR MSCI World UCITS ETF EUR Hedged (Acc)	0.23%	Equity World	669
ODDO BHF Global Equity Active UCITS ETF (Acc)	0.30%	Equity World Social/Environmental	5
Amundi Core MSCI World UCITS ETF EUR Hedged Acc	0.22%	Equity World	48
Xtrackers MSCI Global Social Fairness Contributors UCITS ETF 1C	2.79%	Equity World Social/Environmental	3
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF USD (dist)	0.28%	Equity World Social/Environmental	53
Vanguard FTSE All-World UCITS ETF (USD) Distributing	0.19%	Equity World	19,358
Deka MSCI Europe UCITS ETF	1.34%	Equity Europe	1,464
State Street SPDR MSCI All Country World UCITS ETF USD Unhedged (Acc)	0.20%	Equity World	8,339
iShares Growth Portfolio UCITS ETF USD Hedged (Acc)	0.13%	Equity World Social/Environmental Multi-Asset Strategy	1
BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF SD Dist	6.08%	Equity Europe Social/Environmental Climate Change	2
Amundi S&P Eurozone Climate Paris Aligned UCITS ETF Dist	1.97%	Equity Europe Social/Environmental Climate Change	89
Xtrackers MSCI World Momentum UCITS ETF 1C	1.28%	Equity World Momentum	1,562
UBS Core MSCI Europe UCITS ETF hCHF acc	1.34%	Equity Europe	116
Invesco MSCI Europe Ex UK Universal Screened UCITS ETF Acc	2.20%	Equity Europe Social/Environmental	10
Fidelity Global Equity Research Enhanced PAB UCITS ETF USD (Acc)	0.35%	Equity World Social/Environmental Climate Change	305
JPMorgan Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF EUR (acc)	2.43%	Equity Europe Social/Environmental Climate Change	8
UBS MSCI World ex Mega Cap UCITS ETF USD acc	0.37%	Equity World	31
Amundi Core EURO STOXX 50 UCITS ETF EUR Dist	3.70%	Equity Europe	823
Vanguard FTSE Developed Europe UCITS ETF Distributing	1.28%	Equity Europe	4,299
Amundi MSCI World Ex USA UCITS ETF Dist	0.78%	Equity World	111
Amundi MSCI World ESG Broad Transition UCITS ETF EUR Hedged (Acc)	0.22%	Equity World Social/Environmental Climate Change	2
iShares MSCI World ESG Enhanced CTB UCITS ETF EUR Hedged (Acc)	0.45%	Equity World Social/Environmental	218
iShares MSCI World ESG Enhanced CTB UCITS ETF USD (Dist)	0.45%	Equity World Social/Environmental	958
iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)	5.47%	Equity Europe Financials	1,266
Ossiam STOXX Europe 600 ESG Equal Weight NR UCITS ETF 1C (EUR)	0.22%	Equity Europe Equal Weighted	193
Invesco MSCI Europe Universal Screened UCITS ETF Acc	1.70%	Equity Europe Social/Environmental	183
Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating	0.22%	Equity World Social/Environmental	730
Amundi Multi-Asset Portfolio Offensive UCITS ETF Dist	0.18%	Equity World Multi-Asset Strategy	40
Amundi MSCI Europe ESG Broad Transition UCITS ETF - EUR (D)	1.44%	Equity Europe Social/Environmental Climate Change	21
Amundi MSCI World Screened UCITS ETF Acc	0.24%	Equity World Social/Environmental	1,175
Xtrackers MSCI World Screened UCITS ETF 1C	0.24%	Equity World Social/Environmental	73
Amundi MSCI World Ex USA UCITS ETF Acc	0.78%	Equity World	536
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing	0.03%	Equity World Multi-Asset Strategy	91
UBS Core MSCI World UCITS ETF USD acc	0.22%	Equity World	7,312
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF USD (dist)	0.35%	Equity World Social/Environmental Climate Change	41
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF USD (acc)	0.40%	Equity World Social/Environmental Climate Change	329
iShares Core MSCI World UCITS ETF USD (Dist)	0.23%	Equity World	474
UBS EURO STOXX 50 ESG UCITS ETF EUR acc	4.70%	Equity Europe Social/Environmental	123
Invesco FTSE RAFI All World 3000 UCITS ETF	0.40%	Equity World Fundamental/Quality	184
iShares World Equity Enhanced Active UCITS ETF EUR Hedged (Acc)	0.22%	Equity World Social/Environmental Multi-Asset Strategy	150
WisdomTree Europe Equity UCITS ETF CHF Hedged Acc	5.81%	Equity Europe Dividend	4
Franklin S&P World Screened UCITS ETF Acc	0.35%	Equity United States Social/Environmental Climate Change	6
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF CHF Hedged (acc)	0.28%	Equity World Social/Environmental	2
Invesco FTSE All-World UCITS ETF GBP PfHdg Dist	0.30%	Equity World	15
Amundi MSCI EMU Climate Paris Aligned UCITS ETF Acc	2.33%	Equity Europe Social/Environmental Climate Change	241
Amundi MSCI Europe Climate Paris Aligned UCITS ETF Acc	1.31%	Equity Europe Social/Environmental Climate Change	103
Xtrackers STOXX Europe 600 UCITS ETF 1C	1.21%	Equity Europe	3,514
BNP Paribas Easy MSCI World UCITS ETF USD Acc	0.22%	Equity World	49
Amundi Prime All Country World UCITS ETF Acc	0.20%	Equity World	1,164
Amundi Multi-Asset Portfolio Defensive UCITS ETF Dist	0.12%	Equity World Multi-Asset Strategy	69
UBS MSCI World UCITS ETF USD dis	0.23%	Equity World	1,336
Vanguard FTSE Developed World UCITS ETF Acc	0.19%	Equity World	5,027
JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	0.31%	Equity World Social/Environmental	1,586
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF EUR Hedged (acc)	0.40%	Equity World Social/Environmental Climate Change	17
HSBC Multi-Factor Worldwide Equity UCITS ETF USD	0.31%	Equity World Multi-Factor Strategy	825
BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc	0.20%	Equity World Social/Environmental	452
JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist)	3.06%	Equity Europe Social/Environmental	4
Xtrackers World Net Zero Pathway Paris Aligned UCITS ETF 1C	0.23%	Equity World Social/Environmental Climate Change	108
UBS Core MSCI EMU UCITS ETF EUR dis	2.49%	Equity Europe	1,648
State Street Global Screened Enhanced Equity Fund UCITS ETF	1.45%	Equity World Social/Environmental	0
State Street SPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)	0.22%	Equity World	4,419
BNP Paribas Easy MSCI EMU Min TE UCITS ETF	2.54%	Equity Europe Social/Environmental	1,153
Amundi MSCI Europe ex Switzerland ESG Broad Transition UCITS ETF Acc	1.62%	Equity Europe Social/Environmental Climate Change	625
State Street SPDR MSCI World UCITS ETF USD Unhedged	0.23%	Equity World	14,719
Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Distributing	1.67%	Equity Europe	3,130
Invesco MSCI Europe Equal Weight UCITS ETF Dist	0.30%	Equity Europe Equal Weighted	161
State Street SPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Dist)	0.22%	Equity World	84
Amundi MSCI Europe Screened UCITS ETF (Acc)	1.51%	Equity Europe Social/Environmental	524
iShares MSCI EMU ESG Enhanced CTB UCITS ETF EUR (Acc)	2.74%	Equity Europe Social/Environmental	2,802
JPMorgan Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF EUR (dist)	2.43%	Equity Europe Social/Environmental Climate Change	8
Deka MSCI World UCITS ETF Distribution	0.23%	Equity World	4,512
Vanguard FTSE Developed World UCITS ETF Distributing	0.22%	Equity World	3,550
iShares Core MSCI EMU UCITS ETF USD Hedged (Acc)	2.48%	Equity Europe	651
iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Dist)	5.11%	Equity Europe Momentum	45
iShares MSCI EMU Screened UCITS ETF EUR (Acc)	2.77%	Equity Europe Social/Environmental	1,390
UBS MSCI ACWI Universal UCITS ETF hEUR acc	0.28%	Equity World Social/Environmental	646
Amundi Multi-Asset Portfolio UCITS ETF Dist	0.18%	Equity World Multi-Asset Strategy	240
First Trust Indxx Innovative Transaction & Process UCITS ETF Acc	0.89%	Equity World Technology Blockchain	42
Xtrackers MSCI World ex USA UCITS ETF 1D	0.77%	Equity World	212
Xtrackers MSCI World UCITS ETF 2C - EUR Hedged	0.22%	Equity World	360
Xtrackers MSCI Europe Screened UCITS ETF 1C	1.39%	Equity Europe Social/Environmental	77
State Street SPDR MSCI World UCITS ETF GBP Hedged (Dist)	0.23%	Equity World	263
Amundi EURO STOXX 50 II UCITS ETF CHF Hedged Acc	3.72%	Equity Europe	83
Xtrackers MSCI World Screened UCITS ETF 1D	0.24%	Equity World Social/Environmental	119
BNP Paribas Easy MSCI World UCITS ETF EUR Acc	0.22%	Equity World	95
Xtrackers MSCI AC World Screened UCITS ETF 1C	0.21%	Equity World Social/Environmental	5,106
Invesco FTSE All-World UCITS ETF Acc	0.30%	Equity World	2,421
Xtrackers MSCI Europe Value UCITS ETF 1C	2.38%	Equity Europe Value	210
iShares Conservative Portfolio UCITS ETF USD Hedged (Acc)	0.02%	Equity World Social/Environmental Multi-Asset Strategy	0
Xtrackers MSCI World Climate Transition UCITS ETF	0.27%	Equity World Social/Environmental Climate Change	19
UBS Core MSCI EMU UCITS ETF hCHF acc	2.49%	Equity Europe	758
iShares MSCI World Screened UCITS ETF USD (Dist)	0.21%	Equity World Social/Environmental	1,003
UBS EURO STOXX 50 UCITS ETF EUR dis	3.70%	Equity Europe	672
iShares World Equity Enhanced Active UCITS ETF GBP Hedged (Acc)	0.22%	Equity World Social/Environmental Multi-Asset Strategy	2
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc)	1.45%	Equity Europe Social/Environmental Multi-Asset Strategy	519
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	0.17%	Equity World Social/Environmental	15
iShares STOXX Europe 50 UCITS ETF	2.56%	Equity Europe	573
iShares MSCI World Screened UCITS ETF USD (Acc)	0.24%	Equity World Social/Environmental	4,545
Amundi Core MSCI World UCITS ETF USD Dist	0.22%	Equity World	1,376
UBS MSCI ACWI Universal UCITS ETF hGBP acc	0.28%	Equity World Social/Environmental	277
iShares EURO STOXX Banks 30-15 UCITS ETF (DE) EUR (Acc)	13.84%	Equity Europe Financials	241
iShares MSCI ACWI Screened UCITS ETF USD (Acc)	0.21%	Equity World Social/Environmental	196
Xtrackers MSCI EMU UCITS ETF 3C CHF hedged	2.49%	Equity Europe	90
iShares Core MSCI Europe UCITS ETF EUR (Acc)	1.32%	Equity Europe	1,437
Amundi Core Stoxx Europe 600 UCITS ETF EUR Hedged Dist	1.26%	Equity Europe	50
Invesco EURO STOXX 50 Equal Weight UCITS ETF (Dist)	2.20%	Equity Europe Equal Weighted	1
UBS MSCI ACWI Universal UCITS ETF hJPY acc	0.28%	Equity World Social/Environmental	101
HSBC MSCI Europe UCITS ETF EUR	1.35%	Equity Europe	323
Amundi Core EURO STOXX 50 UCITS ETF EUR Acc	3.70%	Equity Europe	3,434
L&G Global Brands UCITS ETF USD Acc	0.73%	Equity World Fundamental/Quality Moat	44
JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF EUR Hedged (acc)	0.31%	Equity World Social/Environmental	824
L&G Europe ex UK Equity UCITS ETF	1.79%	Equity Europe Social/Environmental	866
iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc)	1.24%	Equity World Social/Environmental	39
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF CHF Hedged (acc)	0.40%	Equity World Social/Environmental Climate Change	1
Amundi Prime Eurozone UCITS ETF DR (D)	2.61%	Equity Europe	83
Xtrackers EURO STOXX 50 UCITS ETF 1C	3.71%	Equity Europe	6,039
Xtrackers MSCI World Value ESG UCITS ETF 1C	2.13%	Equity World Value	312
Amundi Prime Europe UCITS ETF DR (C)	1.37%	Equity Europe	175
iShares MSCI World UCITS ETF (Dist)	0.22%	Equity World	7,320
VanEck World Equal Weight Screened UCITS ETF A	0.58%	Equity World Equal Weighted	1,177
Amundi MSCI EMU ESG Broad Transition UCITS ETF Dist	2.62%	Equity Europe Social/Environmental Climate Change	125
iShares Core MSCI World UCITS ETF EUR Hedged (Dist)	0.23%	Equity World	1,571
Xtrackers MSCI EMU UCITS ETF 1C - USD Hedged	2.49%	Equity Europe	290
Xtrackers Europe Equity Enhanced Active UCITS ETF 1C	1.14%	Equity Europe Social/Environmental	61
UBS Core MSCI EMU UCITS ETF hGBP dis	2.49%	Equity Europe	70
Vanguard FTSE All-World UCITS ETF (USD) Accumulating	0.19%	Equity World	30,606
HSBC Europe Screened Equity UCITS ETF EUR	0.57%	Equity Europe Social/Environmental Climate Change	21
HSBC MSCI World UCITS ETF USD (Acc)	0.24%	Equity World	1,531
Amundi S&P Global Financials ESG UCITS ETF DR EUR (A)	1.45%	Equity World Financials Social/Environmental	610
Ossiam Bloomberg World PAB UCITS ETF 1A (EUR)	0.27%	Equity World Social/Environmental Climate Change	127
State Street SPDR MSCI Europe Financials UCITS ETF EUR	5.51%	Equity Europe Financials	714
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Distributing	0.13%	Equity World Multi-Factor Strategy	170
iShares MSCI World ESG Enhanced CTB UCITS ETF USD (Acc)	0.45%	Equity World Social/Environmental	3,802
AXA IM MSCI Europe Equity PAB UCITS ETF EUR Acc	0.82%	Equity Europe Social/Environmental Climate Change	136
JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	3.06%	Equity Europe Social/Environmental	510
BNP Paribas Easy ESG Enhanced World UCITS ETF EUR Capitalisation	0.22%	Equity World Social/Environmental	427
Invesco Global Enhanced Equity UCITS ETF Acc	0.40%	Equity World Multi-Factor Strategy	409
Amundi Core MSCI EMU UCITS ETF Acc	2.49%	Equity Europe	339
Invesco FTSE RAFI Europe UCITS ETF Dist	1.50%	Equity Europe Fundamental/Quality	29
Invesco S&P World Financials ESG UCITS ETF Acc	1.60%	Equity World Financials Social/Environmental	4
iShares Edge MSCI Europe Value Factor UCITS ETF	2.36%	Equity Europe Value	2,359
HSBC Developed World Screened Equity UCITS ETF USD (Dist)	0.14%	Equity World Social/Environmental Climate Change	58
Amundi MSCI Europe ESG Broad Transition UCITS ETF - EUR (C)	1.44%	Equity Europe Social/Environmental Climate Change	2,322
BNP Paribas Easy MSCI Europe Min TE UCITS ETF	1.37%	Equity Europe Social/Environmental	3,295
iShares MSCI ACWI UCITS ETF USD (Acc)	0.20%	Equity World	22,900
iShares MSCI Europe Screened UCITS ETF EUR (Acc)	1.53%	Equity Europe Social/Environmental	4,564
State Street SPDR MSCI EMU UCITS ETF EUR	2.51%	Equity Europe	317
HSBC PLUS World Equity Quant Active UCITS ETF USD Acc	0.29%	Equity World Multi-Factor Strategy	377
State Street Europe Screened Enhanced Equity Fund UCITS ETF	1.45%	Equity Europe Social/Environmental	1
State Street SPDR MSCI All Country World UCITS ETF EUR Hedged (Acc)	0.20%	Equity World	1,059
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF EUR Hedged (acc)	0.28%	Equity World Social/Environmental	16
Xtrackers MSCI Europe UCITS ETF 2C USD hedged	1.33%	Equity Europe	253
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Accumulating	0.13%	Equity World Multi-Factor Strategy	963
iShares MSCI World EUR Hedged UCITS ETF (Acc)	0.22%	Equity World	4,691
iShares MSCI Europe ex-UK UCITS ETF	1.72%	Equity Europe	1,245
Xtrackers MSCI Europe Climate Transition UCITS ETF 1C	1.46%	Equity Europe Social/Environmental Climate Change	15
Invesco FTSE All-World UCITS ETF Dist	0.30%	Equity World	200
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating	0.02%	Equity World Multi-Asset Strategy	93
Xtrackers MSCI Europe Financials Screened UCITS ETF 1C	8.06%	Equity Europe Financials Social/Environmental	131
iShares MSCI EMU Climate Transition Aware UCITS ETF EUR (Acc)	4.25%	Equity Europe Social/Environmental Climate Change	5
Xtrackers MSCI Europe UCITS ETF 1D	1.33%	Equity Europe	127
Xtrackers MSCI EMU Screened UCITS ETF 1D	2.60%	Equity Europe Social/Environmental	11
VanEck Multi-Asset Growth Allocation UCITS ETF	0.74%	Equity World Social/Environmental Multi-Asset Strategy	31
UBS MSCI EMU Select Factor Mix UCITS ETF EUR acc	2.04%	Equity Europe Multi-Factor Strategy	15
iShares MSCI EMU Large Cap UCITS ETF	2.65%	Equity Europe Large Cap	144
Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF	2.19%	Equity Europe Social/Environmental Climate Change	35
Amundi Prime Global UCITS ETF Dist	0.23%	Equity World	1,158
First Trust Eurozone AlphaDEX UCITS ETF B Dist	0.73%	Equity Europe Multi-Factor Strategy	18
Xtrackers MSCI World UCITS ETF 1C	0.22%	Equity World	16,668
Xtrackers Zurich ESG Allocation Equities UCITS ETF 1C	0.78%	Equity World Social/Environmental Climate Change	243
Invesco Global Enhanced Equity UCITS ETF EUR PfHdg Acc	0.40%	Equity World Multi-Factor Strategy	7
iShares MSCI Europe ESG Enhanced CTB UCITS ETF EUR (Acc)	1.48%	Equity Europe Social/Environmental	2,129
Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C	2.98%	Equity Europe Social/Environmental Climate Change	8
Vanguard ESG Developed Europe All Cap UCITS ETF (EUR) Distributing	1.69%	Equity Europe Social/Environmental	33
iShares MSCI World GBP Hedged UCITS ETF (Acc)	0.19%	Equity World	471
UBS Climate Aware Global Developed Equity CTB UCITS ETF USD acc	0.02%	Equity World Social/Environmental Climate Change	15
Amundi MSCI EMU Value Factor UCITS ETF Dist	4.99%	Equity Europe Value	228
iShares World Equity Enhanced Active UCITS ETF USD (Acc)	0.22%	Equity World Social/Environmental Multi-Asset Strategy	1,365
UBS Core MSCI EMU UCITS ETF hUSD dis	2.49%	Equity Europe	16
iShares Core EURO STOXX 50 UCITS ETF EUR (Dist)	3.32%	Equity Europe	5,163
Deka MSCI EMU Climate Change ESG UCITS ETF	2.31%	Equity Europe Social/Environmental Climate Change	214
Amundi MSCI World ESG Broad Transition UCITS ETF Acc	0.22%	Equity World Social/Environmental Climate Change	976
UBS Core MSCI Europe UCITS ETF EUR acc	1.34%	Equity Europe	187
HSBC MSCI Europe Climate Paris Aligned UCITS ETF EUR Acc	1.15%	Equity Europe Social/Environmental Climate Change	38
Amundi Prime All Country World UCITS ETF Dist	0.20%	Equity World	2,957
Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating	1.28%	Equity Europe	2,266
iShares MSCI Europe Screened UCITS ETF EUR (Dist)	1.53%	Equity Europe Social/Environmental	445
UBS MSCI ACWI Universal UCITS ETF hUSD acc	0.28%	Equity World Social/Environmental	1,179
BNP Paribas Easy ESG Enhanced World UCITS ETF USD Acc	0.22%	Equity World Social/Environmental	13
Xtrackers MSCI Europe UCITS ETF 1C	1.33%	Equity Europe	7,072
Amundi STOXX Europe 600 ESG II UCITS ETF Dist	1.50%	Equity Europe Social/Environmental	341
HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)	3.72%	Equity Europe	646
Xtrackers MSCI EMU UCITS ETF 2C - GBP Hedged	2.49%	Equity Europe	21
State Street SPDR MSCI Europe UCITS ETF EUR	1.34%	Equity Europe	377
Xtrackers MSCI World Financials UCITS ETF 1C	1.33%	Equity World Financials	2,375
iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)	2.22%	Equity Europe Value	86
Amundi MSCI World Climate Paris Aligned Umweltzeichen UCITS ETF	0.23%	Equity World Social/Environmental Climate Change	345
iShares MSCI EMU USD Hedged UCITS ETF (Acc)	2.48%	Equity Europe	226
UBS Core MSCI EMU UCITS ETF hGBP acc	2.49%	Equity Europe	32
iShares MSCI Europe ESG Enhanced CTB UCITS ETF EUR (Dist)	1.48%	Equity Europe Social/Environmental	4,237
Invesco FTSE All-World UCITS ETF CHF PfHdg Acc	0.30%	Equity World	31
UBS Core MSCI EMU UCITS ETF EUR acc	2.49%	Equity Europe	3,773
Amundi Euro Stoxx Banks UCITS ETF Acc	13.88%	Equity Europe Financials	4,640
iShares MSCI EMU CHF Hedged UCITS ETF (Acc)	2.43%	Equity Europe	157
Amundi S&P Eurozone Climate Paris Aligned UCITS ETF Acc	1.97%	Equity Europe Social/Environmental Climate Change	2,429
Finanzen.net MSCI World UCITS ETF Acc	0.22%	Equity World	13
WisdomTree Europe Equity UCITS ETF USD Hedged	5.81%	Equity Europe Dividend	25
Deka MSCI Europe Climate Change ESG UCITS ETF	1.23%	Equity Europe Social/Environmental Climate Change	429
Amundi Prime Eurozone UCITS ETF DR (C)	2.61%	Equity Europe	77
Ossiam Bloomberg World PAB UCITS ETF 1A (USD)	0.27%	Equity World Social/Environmental Climate Change	3
Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating	1.67%	Equity Europe	1,230
HSBC Developed World Screened Equity UCITS ETF USD	0.14%	Equity World Social/Environmental Climate Change	271
UBS MSCI EMU Value UCITS ETF EUR acc	4.96%	Equity Europe Value	79
iShares MSCI World ex-USA UCITS ETF USD (Acc)	0.77%	Equity World	2,411

Order fees

Here you can find information about different brokers that allow you to trade stocks. Select your preferred order volume to compare the fees charged by the respective brokers.

Order volume:

Order fee	Stock savings plans
0.99 €	4500	View offer**
0.00 €	8045	View offer*
0.00 €	7560	View offer*
1.00 €	2500	View offer*
9.95 €	5000	View offer*

Show all offers

Source: justETF Research; as of 3/2026. The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of stock savings plans. The number of stock savings plans is rounded. In addition to the fees charged by online brokers, additional costs may apply. The stated fees are thus exclusive of standard market spreads, commissions, product costs and third-party fees. Please note: No guarantee can be given for the completeness, correctness and accuracy of the content listed. The information on the online brokers' homepages is decisive. Investments in securities involve risks.
*Affiliate link
** Important note: We are part of the Scalable Group since 2021 and are a wholly owned subsidiary of Scalable GmbH. This means that we are economically connected, but operate with editorial independence. Conflicts of interest are avoided because brokers — including Scalable — are evaluated according to uniform, objective criteria. You can view these in our transparent rating system. Ultimately, it’s up to you to decide how and with whom you want to invest.

Savings plan offers

Here you can find information about the savings plan availability for the stock. You can use the table to compare savings plan offers for the selected savings rate.

Select your savings amount:

Broker	Rating	Execution fee	Account fee
		0.00 €	0.00 €	View offer**
		0.00 €	0.00 €	View offer*
		0.00 €	0.00 €	View offer*
		0.00 €	0.00 €	View offer*
		0.00 €	0.00 €	View offer*

Show all offers

Source: justETF Research; as of 3/2026. The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of stock savings plans. The number of stock savings plans is rounded. In addition to the fees charged by online brokers, additional costs may apply. The stated fees are thus exclusive of standard market spreads, commissions, product costs and third-party fees. Please note: No guarantee can be given for the completeness, correctness and accuracy of the content listed. The information on the online brokers' homepages is decisive. Investments in securities involve risks.
*Affiliate link
** Important note: We are part of the Scalable Group since 2021 and are a wholly owned subsidiary of Scalable GmbH. This means that we are economically connected, but operate with editorial independence. Conflicts of interest are avoided because brokers — including Scalable — are evaluated according to uniform, objective criteria. You can view these in our transparent rating system. Ultimately, it’s up to you to decide how and with whom you want to invest.

Performance

Returns overview

YTD	-0.89%
1 month	-7.49%
3 months	+3.84%
6 months	+17.90%
1 year	+67.67%
3 years	+185.19%
5 years	+237.04%
Since inception (MAX)	+63.83%
2025	+130.07%
2024	+15.83%
2023	+35.36%
2022	-4.44%

Monthly returns in a heat map

Risk

Risk metrics in this section:

Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.

ETF returns include dividend payments (if applicable).