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.
Performance of German stocks (DAX®)
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
Show all The cheapest Germany ETFs
by total expense ratio (TER)
Show all 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.
