The best ETFs for European Small Cap Stocks

How do I invest in European Small Cap stocks?

It is well known that companies with smaller market capitalizations generate higher returns over the long term. However, they also come with higher risks that investors should efficiently manage. Diversification of investments with ETFs is the safest bet for an independent investor to approach the small cap stocks.

There are essentially four indices available to invest with ETFs in European small cap companies. This Investment Guide for European small cap stocks will help you navigate between the peculiarities of the EURO STOXX® Small, MSCI EMU Small Cap, MSCI Europe Small Cap, STOXX® Europe Small 200 and the ETFs tracking them. It will allow you to find the most suitable European small cap ETFs for you by ranking them according to your preferences.

 
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0,20% p.a. - 0,58% p.a.
Les frais totaux sur encours annuels (TER) des European small cap ETFs
sur le secteur a European small cap ETF investissables via des ETF
sur le secteur a European small cap ETF
 
Les meilleurs ETF pour le secteur a European small cap ETF

Le meilleur European Small Cap ETF selon le rendement sur un an au 31/01/2023

Classement de tous les $rankingLink en fonction de leur rendement

 

Le plus grand European Small Cap ETF en fonction du volume du fonds en EUR

Classement de tous les $rankingLink en fonction du volume du fonds

 

L’European Small Cap ETF le plus avantageux en fonction des frais totaux sur encours

Classement de tous les $rankingLink en fonction des frais totaux sur encours

 
 

Indices on European Small Cap Stocks compared

Methodologies of the most important indices

EURO STOXX® Small MSCI EMU Small Cap MSCI Europe Small Cap STOXX® Europe Small 200
Number of ETFs 1 ETF 3 ETFs 2 ETFs 2 ETFs
Number of constituents 88
(30/06/2021)
443
(31/01/2023)
987
(31/01/2023)
200
Investment universe EURO STOXX® index: appr. 300 companies from the Eurozone MSCI EMU Investable Market Index: appr. 700 companies from the Eurozone MSCI Europe Investable Market Index: appr. 1,400 companies from Europe STOXX® Europe index: 600 companies from 17 European countries
Index rebalancing Quarterly Quarterly Quarterly Quarterly
Selection criteria The smallest firms (bottom third) of the underlying EURO STOXX® index The smallest firms (appr. 14 percent of the free float-adjusted market cap) of the MSCI EMU Investable Market Index The smallest firms (appr. 14 percent of the free float-adjusted market cap) of the MSCI Europe Investable Market Index The 200 smallest firms from the STOXX® Europe 600 index (ranked from 401 to 600 by their free float market cap)
Index weighting Market cap
(free float)
Market cap
(free float)
Market cap
(free float)
Market cap
(free float)

Source: justETF Research; As of 31/01/2020

 

EURO STOXX® Small index

The EURO STOXX® Small index comprises small sized companies from the underlying EURO STOXX® index. The EURO STOXX® index is a subset of the STOXX® Europe 600 index comprising only companies from countries in the Eurozone. Small caps are determined as the bottom 33 percent companies in the underlying index ranked by their market capitalization. The stocks passing the selection screen are weighted by their free float market capitalization.

 

Methodology of the EURO STOXX® Small FactsheetMethodology

  • 88 (as of 30/06/2021) small cap stocks from the Eurozone
  • Index rebalancing takes place quarterly
  • Stock selection is based on the size of companies
  • Selection criteria: the bottom third of the EURO STOXX® index is selected
  • Index weighted by free float market capitalization
 

MSCI EMU Small Cap index

The MSCI EMU Small Cap index captures small cap stocks across 10 developed countries in the Eurozone. The index represents the smallest firms (appr. 14 percent of the free float-adjusted market cap) of the MSCI EMU Investable Market Index. The stocks passing the selection screen are weighted by their free float market capitalization.

 

Methodology of the MSCI EMU Small Cap FactsheetMethodology

  • 443 (as of 31/01/2023) small cap stocks from developed Eurozone countries
  • Index rebalancing takes place quarterly
  • Index has minimum size, free float, liquidity and length of trading criteria
  • Stock selection is based on free float market cap
  • Selection criteria: smallest companies of the MSCI EMU Investable Market Index
  • Index weighted by free float market capitalization
 

MSCI Europe Small Cap index

The MSCI Europe Small Cap index includes small cap stocks from 15 developed countries in Europe. The index represents the smallest firms (appr. 14 percent of the free float-adjusted market cap) of the MSCI Europe Investable Market Index. The stocks passing the selection screen are weighted by their free float market capitalization.

 

Methodology of the MSCI Europe Small Cap FactsheetMethodology

  • 987 (as of 31/01/2023) small cap stocks from developed European countries
  • Index rebalancing takes place quarterly
  • Index has minimum size, free float, liquidity and length of trading criteria
  • Stock selection is based on free float market cap
  • Selection criteria: smallest companies of the MSCI Europe Investable Market Index
  • Index weighted by free float market capitalization
 

STOXX® Europe Small 200 index

The STOXX® Europe Small 200 index tracks the 200 smallest companies (as measured by free float market cap) from the underlying STOXX® Europe 600 index, which consists of 600 European companies. The stocks passing the selection screen are weighted by their free float market capitalization.

 

Methodology of the STOXX® Europe Small 200 FactsheetMethodology

  • 200 small cap stocks from European countries
  • Index rebalancing takes place quarterly
  • Stock selection is based on their free float market cap
  • Selection criteria: The 200 smallest stocks (ranked from 401 to 600) from the STOXX® Europe 600 index are selected
  • Index weighted by free float market capitalization
 

Comparaison des European Small Cap ETF

Les principales caractéristiques en un coup d’œil

Pour la sélection d’un European small cap ETFs, outre la méthodologie de l’indice et les performances, d’autres facteurs jouent un rôle important lors de la décision. Pour faciliter la comparaison, vous trouverez une liste des European small cap stocks avec les indications relatives à la taille, aux frais, à l’utilisation des revenus, au domicile du fonds et à la méthode de réplication classée en fonction de la taille des fonds.

Comparaison détaillée de tous les $rankingLink
Comparaison graphique de tous les $rankingLink

ETF
ISIN
  Taille fonds
en M EUR
Frais
en %
Utilisation
des revenus
Domicile
du fonds
Méthode de
réplication
Xtrackers MSCI Europe Small Cap UCITS ETF 1CLU0322253906 737 0,30% p.a. Capitalisation Luxembourg Échantillonnage optimisé
iShares MSCI EMU Small Cap UCITS ETF (Acc)IE00B3VWMM18 544 0,58% p.a. Capitalisation Irlande Échantillonnage optimisé
iShares EURO STOXX Small UCITS ETFIE00B02KXM00 482 0,40% p.a. Distribution Irlande Échantillonnage optimisé
iShares STOXX Europe Small 200 UCITS ETF (DE)DE000A0D8QZ7 442 0,20% p.a. Distribution Allemagne Réplication complète
Lyxor MSCI EMU Small Cap (DR) UCITS ETF - DistLU1598689153 273 0,40% p.a. Distribution Luxembourg Réplication complète
SPDR MSCI Europe Small Cap Value Weighted UCITS ETFIE00BSPLC298 144 0,30% p.a. Capitalisation Irlande Échantillonnage optimisé
SPDR MSCI Europe Small Cap UCITS ETFIE00BKWQ0M75 131 0,30% p.a. Capitalisation Irlande Échantillonnage optimisé
UBS ETF (LU) MSCI EMU Small Cap UCITS ETF (EUR) A-disLU0671493277 102 0,33% p.a. Distribution Luxembourg Réplication complète
BNP Paribas Easy MSCI Europe Small Caps SRI S-Series PAB 5% Capped UCITS ETFLU1291101555 72 0,25% p.a. Capitalisation Luxembourg Swap non financé
WisdomTree Europe SmallCap Dividend UCITS ETFIE00BQZJC527 30 0,38% p.a. Distribution Irlande Réplication complète
WisdomTree Europe SmallCap Dividend UCITS ETF AccIE00BDF16114 10 0,38% p.a. Capitalisation Irlande Réplication complète
Invesco STOXX Europe Small 200 UCITS ETFIE00B60SWZ49 9 0,35% p.a. Capitalisation Irlande Swap non financé

Source : justETF.com ; situation au : 08/02/2023

 

Comparaison des performances des Small Cap ETFs on European equities

Le tableau suivant compare les performances de tous les European small cap ETFs. Toutes les indications relatives aux performances sont données à la fin du mois et comprennent les distributions. Outre les performances à une date de référence, l’évolution dans le temps est décisive pour la comparaison des ETFs. Pour cela, servez-vous aussi de nos comparaisons graphiques.

ETF   1 mois
en %
3 mois
en %
6 mois
en %
1 an
en %
3 ans
en %
SPDR MSCI Europe Small Cap Value Weighted UCITS ETF 9,26% 14,32% 4,76% -3,93% 19,83%
iShares EURO STOXX Small UCITS ETF 8,37% 13,20% 2,79% -4,76% 22,37%
UBS ETF (LU) MSCI EMU Small Cap UCITS ETF (EUR) A-dis 9,48% 14,22% 6,10% -4,95% 21,38%
iShares MSCI EMU Small Cap UCITS ETF (Acc) 9,49% 14,15% 6,10% -5,19% 20,38%
Lyxor MSCI EMU Small Cap (DR) UCITS ETF - Dist 9,41% 14,08% 6,04% -5,38% 19,81%
WisdomTree Europe SmallCap Dividend UCITS ETF Acc 6,10% 10,01% -1,49% -5,93% 11,73%
WisdomTree Europe SmallCap Dividend UCITS ETF 6,11% 10,00% -1,48% -5,99% 11,69%
SPDR MSCI Europe Small Cap UCITS ETF 7,37% 11,22% -1,21% -10,39% 9,91%
Xtrackers MSCI Europe Small Cap UCITS ETF 1C 7,63% 11,99% -0,98% -10,80% 9,77%
iShares STOXX Europe Small 200 UCITS ETF (DE) 6,98% 11,88% -1,72% -12,13% 6,79%
BNP Paribas Easy MSCI Europe Small Caps SRI S-Series PAB 5% Capped UCITS ETF 6,33% 10,98% -4,55% -12,53% 2,57%
Invesco STOXX Europe Small 200 UCITS ETF 7,00% 11,80% -1,90% -12,54% 5,81%
ETF   2023
en %
2022
en %
2021
en %
2020
en %
2019
en %
iShares MSCI EMU Small Cap UCITS ETF (Acc) 9,49% -16,80% 22,89% 5,68% 28,29%
UBS ETF (LU) MSCI EMU Small Cap UCITS ETF (EUR) A-dis 9,48% -16,58% 23,65% 5,66% 28,36%
Lyxor MSCI EMU Small Cap (DR) UCITS ETF - Dist 9,41% -16,91% 23,21% 5,13% 28,17%
SPDR MSCI Europe Small Cap Value Weighted UCITS ETF 9,26% -14,27% 28,28% -3,49% 26,92%
iShares EURO STOXX Small UCITS ETF 8,37% -15,48% 20,98% 9,01% 26,38%
Xtrackers MSCI Europe Small Cap UCITS ETF 1C 7,63% -22,68% 24,71% 4,28% 32,65%
SPDR MSCI Europe Small Cap UCITS ETF 7,37% -22,11% 23,72% 4,37% 31,55%
Invesco STOXX Europe Small 200 UCITS ETF 7,00% -24,23% 22,43% 4,42% 28,64%
iShares STOXX Europe Small 200 UCITS ETF (DE) 6,98% -24,11% 22,27% 4,53% 31,07%
BNP Paribas Easy MSCI Europe Small Caps SRI S-Series PAB 5% Capped UCITS ETF 6,33% -22,82% 18,38% 3,79% 31,55%
WisdomTree Europe SmallCap Dividend UCITS ETF 6,11% -15,90% 27,99% -4,66% 29,33%
WisdomTree Europe SmallCap Dividend UCITS ETF Acc 6,10% -15,85% 28,02% -4,63% 29,27%

Source : justETF.com ; situation au : 31/01/2023 ; indications en EUR, distributions comprises