How to invest in Italy using ETFs
How do I invest in Italian stocks?
The easiest way to invest in the Italian stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Italian stock market you find 2 indices, which are tracked by ETFs.
Besides ETFs on Italy, there are no regional ETFs available with significant weight of Italian stocks. Even the European indices only hold 6% or less in Italy.
Performance of Italian stocks (FTSE MIB)
Indices in comparison
The best indices for ETFs on Italy
For an investment in the Italian stock market, 2 indices tracked by 4 ETFs are available. On the FTSE MIB index there are 3 ETFs. On the MSCI Italy index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is between 0.25% p.a. and 0.35% p.a..
|Index||Investment focus||Number of ETFs||Number of constituents||Short description|
|FTSE MIB||Italy||3 ETFs||The FTSE MIB (total return) index tracks the 40 largest Italian companies (real time).
|MSCI Italy||Italy||1 ETF||24
|The MSCI Italy index tracks the leading Italian stocks.|
in m GBP
|Use of profits||Fund domicile||Replication method|
|Lyxor FTSE MIB UCITS ETF EURFR0010010827||669||0.35% p.a.||Distributing||France||Unfunded swap|
|iShares FTSE MIB UCITS ETF (Dist)IE00B1XNH568||428||0.35% p.a.||Distributing||Ireland||Full replication|
|iShares FTSE MIB UCITS ETF (Acc)IE00B53L4X51||93||0.33% p.a.||Accumulating||Ireland||Full replication|
|Amundi ETF MSCI Italy UCITS ETFFR0010655720||21||0.25% p.a.||Accumulating||France||Unfunded swap|
Source: justETF.com; As of 28/02/17; Calculations in GBP based on the largest ETF of the respective index.
The best Italy ETFs
by 1 year return
|1||iShares FTSE MIB UCITS ETF (Acc)||21.18%|
|2||iShares FTSE MIB UCITS ETF (Dist)||20.90%|
|3||Lyxor FTSE MIB UCITS ETF EUR||20.37%|