iShares MSCI Germany ETF

iShares MSCI Germany ETF

About

iShares MSCI Germany ETF (US4642868065) is a US-listed equity ETF tracking the MSCI Germany Index (Net). With a expense ratio of 0.49%, its costs are on the higher end for an ETF, paying distributions. The fund holds 60 positions across 1 region with 1.6B in assets, with heavy concentration — 100% in Germany, 31% in Industrials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.6 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.1
Liquidity (25%) 8.6 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker EWG
ISIN
Fund Size $1.6B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 1996
Base Currency USD
Index MSCI Germany Index (Net)
Asset Class Equities

Costs

7.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.49%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +5.34%
3 Years +18.43%
5 Years +6.55%
10 Years +7.88%
YTD +2.31%
Since Inception +6.43%

Holdings

This fund invests into 60 individual investments.
#1
Siemens AG
12.31%
#2
Allianz SE
9.20%
#3
SAP SE
8.46%
#4
Siemens Energy AG
7.90%
#5
Infineon Technologies AG
6.46%
#6
Deutsche Telekom AG
5.51%
#7
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
3.71%
#8
Deutsche Bank AG
3.41%
#9
Rheinmetall AG
3.38%
#10
Deutsche Post AG
2.85%
View all holdings (50)
# Holding Ticker Weight
1 Siemens AG SIE 1231.11%
2 Allianz SE ALV 919.55%
3 SAP SE SAP 845.63%
4 Siemens Energy AG ENR 790.32%
5 Infineon Technologies AG IFX 646.25%
6 Deutsche Telekom AG DTE 551.39%
7 Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen MUV2 371.48%
8 Deutsche Bank AG DBK 341.00%
9 Rheinmetall AG RHM 337.99%
10 Deutsche Post AG DHL 284.92%
11 Deutsche Boerse AG DB1 267.56%
12 BASF SE BAS 264.05%
13 E.ON SE EOAN 244.31%
14 Bayer AG BAYN 224.40%
15 Mercedes-Benz Group AG MBG 197.36%
16 RWE AG RWE 191.71%
17 adidas AG ADS 170.95%
18 Commerzbank AG CBK 150.01%
19 Heidelberg Materials AG HEI 147.48%
20 Daimler Truck Holding AG DTG 114.75%
21 MTU Aero Engines AG MTX 108.05%
22 Merck KGaA MRK 103.87%
23 Bayerische Motoren Werke AG BMW 101.42%
24 Fresenius SE & Co KGaA FRE 101.18%
25 Volkswagen AG VOW3 100.31%
26 Vonovia SE VNA 89.84%
27 Hannover Rueck SE HNR1 85.00%
28 Siemens Healthineers AG SHL 70.05%
29 Symrise AG SY1 68.76%
30 Henkel AG & Co KGaA HEN3 64.36%
31 GEA Group AG G1A 52.76%
32 Continental AG CON 48.20%
33 Fresenius Medical Care AG FME 46.94%
34 HOCHTIEF AG HOT 45.62%
35 Knorr-Bremse AG KBX 40.39%
36 QIAGEN NV QIA 40.05%
37 Beiersdorf AG BEI 39.39%
38 Talanx AG TLX 37.92%
39 Brenntag SE BNR 37.65%
40 Delivery Hero SE DHER 37.10%
41 Henkel AG & Co KGaA HEN 36.32%
42 Deutsche Lufthansa AG LHA 32.87%
43 Sartorius AG SRT3 32.49%
44 Scout24 SE G24 31.75%
45 Dr Ing hc F Porsche AG P911 31.72%
46 Zalando SE ZAL 30.99%
47 Porsche Automobil Holding SE PAH3 28.41%
48 Hensoldt AG HAG 26.57%
49 EUR CASH EUR 25.00%
50 Evonik Industries AG EVK 24.55%

Sectors

Allocation by industry sector.
 
Sector Weight
Industrials 3124.00%
Financials 2173.00%
Technology 1510.00%
Consumer Discretionary 766.00%
Health Care 619.00%
Communication Services 601.00%
Materials 505.00%
Utilities 436.00%
Consumer Staples 140.00%
Real Estate 90.00%
Unknown 36.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Germany 9963.00%
UNKNOWN 37.00%
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