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 3 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%.
Performance of Spanish stocks (MSCI Spain)
Indices in comparison
The best indices for ETFs on Spain
For an investment in the Spanish stock market, there are 3 indices available which are tracked by 5 ETFs. On the IBEX 35 index there are 2 ETFs. On the MSCI Spain 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 between 0,25% p.a. and 0,38% p.a..
Index | Investment focus | Number of ETFs | Number of constituents | Short description |
---|---|---|---|---|
IBEX 35 | España | 2 ETFs | 35 |
The IBEX 35 index tracks the 35 largest Spanish stocks. |
MSCI Spain | España | 1 ETF | 19 (31/1/23) |
The MSCI Spain index tracks leading stocks on the Spanish market. |
Solactive Spain 40 | España | 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 | |
---|---|---|---|---|---|---|
Lyxor IBEX 35 (DR) UCITS ETF - DistFR0010251744 | 339 | 0,30% p.a. | Distribución | Francia | Replicación física perfecta | |
BBVA Acción IBEX 35 ETF FI Cotizado Armonizado (EUR)ES0105336038 | 125 | 0,38% p.a. | Distribución | España | Replicación física perfecta | |
Amundi ETF MSCI Spain UCITS ETF EUR (C)FR0010655746 | 43 | 0,25% p.a. | Acumulación | Francia | Swap sin fondos | |
Xtrackers Spanish Equity UCITS ETF 1CLU0592216393 | 38 | 0,30% p.a. | Acumulación | Luxemburgo | Replicación física perfecta | |
Xtrackers Spanish Equity UCITS ETF 1DLU0994505336 | 5 | 0,30% p.a. | Distribución | Luxemburgo | Replicación física perfecta |
Index | 1 month in % |
3 months in % |
6 months in % |
1 year in % |
3 years in % |
|
---|---|---|---|---|---|---|
Solactive Spain 40 | 9,01% | 13,42% | 11,51% | 7,37% | 9,19% | |
MSCI Spain | 9,26% | 13,42% | 11,83% | 7,80% | 3,44% | |
IBEX 35 | 10,25% | 14,46% | 12,17% | 8,55% | 5,13% |
Index | 2023 in % |
2022 in % |
2021 in % |
2020 in % |
2019 in % |
|
---|---|---|---|---|---|---|
Solactive Spain 40 | 9,01% | -2,11% | 12,33% | -10,27% | 14,59% | |
MSCI Spain | 9,26% | -1,51% | 8,72% | -12,92% | 13,96% | |
IBEX 35 | 10,25% | -2,34% | 10,37% | -12,97% | 16,26% |
Source: justETF.com; As of 31/1/23; Calculations in EUR based on the largest ETF of the respective index.
The best Spain ETFs
by 1 year return
1 | Lyxor IBEX 35 (DR) UCITS ETF - Dist | 8,55% |
2 | Amundi ETF MSCI Spain UCITS ETF EUR (C) | 7,80% |
3 | Xtrackers Spanish Equity UCITS ETF 1C | 7,37% |
The cheapest Spain ETFs
by total expense ratio (TER)
1 | Amundi ETF MSCI Spain UCITS ETF EUR (C) | 0,25% p.a. |
2 | Lyxor IBEX 35 (DR) UCITS ETF - Dist | 0,30% p.a. |
3 | Xtrackers Spanish Equity UCITS ETF 1C | 0,30% p.a. |