How to invest in Germany using ETFs

How do I invest in German stocks?

The easiest way to invest in the whole German stock market is to invest in a broad market index. This can be done at low cost by using ETFs.

On the German stock market you'll find 1 index which is tracked by ETFs. Besides these indices, 1 alternative index is available.

As further alternative, you can consider indices on the Eurozone.

0.07% p.a.
annual total expense ratio (TER) of Germany ETFs
on the German stock market, which is tracked by ETFs
on the German stock market
 
The best indices for Germany ETFs

Performance of German stocks (DAX®)

1 month: -1.89%
1 year: 17.69%
3 years: 60.08%
5 years: 73.71%
 

Indices in comparison

The best indices for ETFs on Germany

For an investment in the German stock market, there is 1 index available which is tracked by 1 ETF. On the FTSE Germany All Cap index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is around 0.07% p.a..

Index Investment focus Number of ETFs Number of constituents Short description

FTSE Germany All Cap

Germany 1 ETF 154
(28/06/2024)
The FTSE Germany All Cap index tracks large, mid and small cap securities from Germany.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
Vanguard Germany All Cap UCITS ETF (EUR) DistributingIE00BG143G97 249 0.07% p.a. Distributing Ireland Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
FTSE Germany All Cap -0.91% -1.40% -2.57% 18.38% 56.96%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
FTSE Germany All Cap 17.37% 16.24% 19.22% -17.57% 13.36%

Source: justETF.com; As of 30/11/2025; Calculations in EUR based on the largest ETF of the respective index.

 

The best Germany ETFs
by 1 year return

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The cheapest Germany ETFs
by total expense ratio (TER)

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Alternative investment opportunities

Germany indices on small and mid caps or dividend strategies

Alternatively, you can consider indices on small and mid caps, single sectors or dividend strategies. In order to compare the ETFs for the best German dividend strategies have a look at the Investment Guide on German Dividend Strategies. In total you can invest in 1 alternative index on Germany tracked by 1 ETF. The total expense ratio (TER) of ETFs on these alternative indices is around 0.20% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MDAX® Germany
Mid Cap
1 ETF 50
The MDAX® index tracks 50 German mid cap stocks which are listed on the Prime Standard segment of the Frankfurt Stock Exchange.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
Amundi MDAX UCITS ETF DistFR0011857234 178 0.20% p.a. Distributing France Unfunded swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MDAX® 0.10% -1.40% -2.63% 13.44% 15.50%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
MDAX® 16.14% -6.03% 7.86% -28.65% 13.54%

Source: justETF.com; As of 30/11/2025; Calculations in EUR based on the largest ETF of the respective index.

 

Europe indices with a large share of Germany

Besides Germany ETFs you may consider ETFs on the European stock markets. In total, you can invest in 3 indices on the Eurozone tracked by 8 ETFs. The total expense ratio (TER) of ETFs on the Eurozone is between 0.05% p.a. and 0.20% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
EURO STOXX® 50 Europe
Germany: 30.90%
(30/11/2022)
4 ETFs 50
The EURO STOXX® 50 index tracks the 50 largest companies in the eurozone.
Index factsheet
MSCI EMU Europe
Germany: 25.37%
(30/11/2022)
3 ETFs 223
(28/11/2025)
The MSCI EMU index tracks large and mid cap stocks from countries in the European Economic and Monetary Union.
Index factsheet
Solactive GBS Developed Markets Eurozone Large & Mid Cap Europe
Germany: 24.40%
(30/11/2022)
1 ETF 195
(28/06/2024)
The Solactive GBS Developed Markets Eurozone Large & Mid Cap index tracks large and mid cap securities from Eurozone countries.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
Xtrackers EURO STOXX 50 UCITS ETF 1DLU0274211217 5,313 0.09% p.a. Distributing Luxembourg Full replication
iShares Core EURO STOXX 50 UCITS ETF EUR (Dist)IE0008471009 4,865 0.10% p.a. Distributing Ireland Full replication
Amundi EURO STOXX 50 II UCITS ETF AccFR0007054358 3,640 0.20% p.a. Accumulating France Full replication
Xtrackers MSCI EMU UCITS ETF 1DLU0846194776 2,087 0.12% p.a. Distributing Luxembourg Full replication
UBS Core MSCI EMU UCITS ETF EUR disLU0147308422 1,512 0.12% p.a. Distributing Luxembourg Full replication
Amundi Core EURO STOXX 50 UCITS ETF EUR DistLU1681047319 812 0.09% p.a. Distributing Luxembourg Full replication
Amundi Core MSCI EMU UCITS ETF DistLU1646360971 666 0.12% p.a. Distributing Luxembourg Full replication
Amundi Prime Eurozone UCITS ETF DR (D)LU1931974429 56 0.05% p.a. Distributing Luxembourg Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
EURO STOXX® 50 -0.37% 6.32% 6.29% 21.42% 56.25%
MSCI EMU -0.23% 5.68% 6.38% 23.05% 53.43%
Solactive GBS Developed Markets Eurozone Large & Mid Cap -0.25% 5.83% 6.88% 24.72% 54.23%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
EURO STOXX® 50 19.29% 11.53% 22.80% -9.05% 23.99%
MSCI EMU 21.65% 9.94% 19.28% -12.12% 22.62%
Solactive GBS Developed Markets Eurozone Large & Mid Cap 22.02% 9.90% 20.10% -12.04% 25.58%

Source: justETF.com; As of 30/11/2025; Calculations in EUR based on the largest ETF of the respective index.