Top FTSE MIB ETFs
The FTSE MIB index
The FTSE MIB index is the major stock market index for Italy and contains the 40 largest and most liquid Italian blue chip companies. The FTSE MIB index represents around 80% of the Italian total market capitalisation. The index constituents are weighted by free float market capitalisation. In order to avoid over-concentration the weight of each company is capped at 15%.
ETF investors profit from price gains and dividends of the FTSE MIB constituents. Currently, the FTSE MIB index is tracked by 3 ETFs.
Cost of FTSE MIB ETFs
The total expense ratio (TER) of FTSE MIB ETFs is between 0.33% p.a. and 0.35% p.a.. In comparison, an actively managed fund on Italy like the Fidelity Funds - Italy Fund A-EUR costs around 1.94% per year. Calculate your individual cost savings by using our cost calculator.
The best FTSE MIB ETF by 1-year fund return as of 31/12/16
|1||iShares FTSE MIB UCITS ETF (Acc)||8.12%|
|2||iShares FTSE MIB UCITS ETF (Dist)||7.77%|
|3||Lyxor UCITS ETF FTSE MIB EUR||6.79%|
The largest FTSE MIB ETF by fund size in GBP
|1||Lyxor UCITS ETF FTSE MIB EUR||724 m|
|2||iShares FTSE MIB UCITS ETF (Dist)||450 m|
|3||iShares FTSE MIB UCITS ETF (Acc)||109 m|
The cheapest FTSE MIB ETF by total expense ratio
|1||iShares FTSE MIB UCITS ETF (Acc)||0.33% p.a.|
|2||iShares FTSE MIB UCITS ETF (Dist)||0.35% p.a.|
|3||Lyxor UCITS ETF FTSE MIB EUR||0.35% p.a.|
FTSE MIB ETFs in comparison
Besides return, there are further important factors to consider when selecting a FTSE MIB ETF. In order to provide a sound decision basis, you find a list of all FTSE MIB ETFs with details on size, cost, age, use of profits, fund domicile and replication method ranked by fund size.
in m GBP
|Use of profits||Fund domicile||Replication method|
|Lyxor UCITS ETF FTSE MIB EURFR0010010827||724||0.35% p.a.||Distributing||France||Unfunded swap|
|iShares FTSE MIB UCITS ETF (Dist)IE00B1XNH568||450||0.35% p.a.||Distributing||Ireland||Full replication|
|iShares FTSE MIB UCITS ETF (Acc)IE00B53L4X51||109||0.33% p.a.||Accumulating||Ireland||Full replication|
Source: justETF.com; As of 25/01/17
Return comparison of all FTSE MIB ETFs
The table shows the returns of all FTSE MIB ETFs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.
|iShares FTSE MIB UCITS ETF (Acc)||14.08%||16.78%||23.52%||8.12%||11.99%|
|iShares FTSE MIB UCITS ETF (Dist)||14.00%||16.42%||23.25%||7.77%||11.07%|
|Lyxor UCITS ETF FTSE MIB EUR||14.11%||16.91%||22.85%||6.79%||10.17%|
Source: justETF.com; As of 31/12/16; Calculations in GBP including dividends