iShares Core DAX UCITS ETF
Price
€217.25
YTD
+12.50%
Expense
0.16%
Yield
0.00%
🇩🇪 Germany
Best Germany ETFs 2026
The best Germany ETFs for investing in Europe's largest economy. DAX 40 blue-chips, MDAX mid-caps, and US-listed German market funds compared.
Best Germany ETFs for 2026
Germany is Europe's largest economy and home to world-leading companies like SAP, Siemens, Allianz, and Mercedes-Benz. These ETFs provide access to the German market through both Xetra-listed UCITS funds and US-listed options.
DAX 40 — Germany's Premier Index
The DAX 40 contains Germany's largest blue-chip companies. EXS1 (iShares) and DBXD (Xtrackers) are the two largest DAX trackers, with DBXD offering lower costs at 0.09% vs 0.16%.
Beyond the DAX
For broader German exposure, consider EXSA (MDAX mid-caps) or EXS2 (TecDAX tech stocks). US investors can access Germany via EWG or the ultra-low-cost FLGR.
🏆 Winner — #1 pick
Xtrackers DAX UCITS ETF
Price
€246.05
YTD
+12.20%
Expense
0.09%
Yield
0.00%
iShares MDAX UCITS ETF
Price
€65.21
YTD
+6.50%
Expense
0.51%
Yield
0.00%
iShares MSCI Germany ETF
Price
€44.58
YTD
+14.85%
Expense
0.50%
Yield
2.15%
Franklin FTSE Germany ETF
Price
€34.68
YTD
+13.50%
Expense
0.09%
Yield
2.80%
iShares TecDAX UCITS ETF
Price
€35.85
YTD
+8.00%
Expense
0.51%
Yield
0.00%
iShares DivDAX UCITS ETF
Price
€23.24
YTD
+8.50%
Expense
0.31%
Yield
3.80%
iShares Euro Stoxx 50 UCITS ETF
Price
€95.91
YTD
+10.50%
Expense
0.10%
Yield
2.80%
Frequently asked questions
What are Germany ETFs?
Germany ETFs are exchange-traded funds that provide exposure to German equities, ranging from large-cap DAX 40 companies to mid-cap MDAX and tech-focused TecDAX stocks.
Why invest in Germany ETFs?
Germany is Europe's largest economy with world-leading companies in automotive, industrials, technology, and financial sectors. ETFs provide diversified exposure to these blue-chip firms.
Which Germany ETF is the top pick for 2026?
EXS1 — iShares Core DAX UCITS ETF is the #1 pick, tracking Germany's DAX Index of 40 largest blue-chip companies with €8.6B in assets.
What is the price of EXS1?
EXS1 trades around €191.38 per share.
What is the YTD return of EXS1?
EXS1 has a year-to-date return of +12.50%.
What is the expense ratio of EXS1?
EXS1 has an expense ratio of 0.16%.
Does EXS1 pay dividends?
EXS1 currently does not pay dividends (0% yield).
Which ETF offers the lowest cost DAX exposure?
DBXD — Xtrackers DAX UCITS ETF offers DAX exposure at just 0.09% TER, the cheapest DAX tracker available.
Which ETF tracks Germany's mid-cap companies?
EXSA — iShares MDAX UCITS ETF tracks Germany's MDAX, composed of 50 mid-cap companies ranked below the DAX 40.
Which ETF is best for US investors wanting German exposure?
EWG — iShares MSCI Germany ETF provides exposure to German equities via the NYSE, including automotive, industrial, and technology leaders.
Which ETF is ultra-low-cost with broad German exposure?
FLGR — Franklin FTSE Germany ETF offers exposure to German equities at 0.09% expense ratio, tracking the FTSE Germany Capped Index.
Which ETF focuses on German tech stocks?
EXS2 — iShares TecDAX UCITS ETF tracks the TecDAX, Germany's 30 largest technology companies like SAP, Infineon, and Deutsche Telekom.
Which Germany ETF focuses on high-dividend stocks?
EXSB — iShares DivDAX UCITS ETF tracks the 15 highest-yielding stocks from the DAX 40, offering approximately 3.80% dividend yield.
Which ETF offers broader European exposure including Germany?
EXHE — iShares Euro Stoxx 50 UCITS ETF tracks the 50 largest eurozone companies, providing exposure beyond just Germany.
What is the typical yield for German ETFs?
DAX and TecDAX trackers usually have 0% yield, while dividend-focused ETFs like EXSB offer ~3.8%, and broader European ETFs like EXHE provide ~2.8%.
How does DAX differ from MDAX and TecDAX?
DAX 40 represents Germany's largest blue-chip firms, MDAX covers 50 mid-cap companies, and TecDAX tracks 30 of Germany's top technology companies.
Are Germany ETFs suitable for dividend income?
Yes, but only dividend-focused ETFs like EXSB or broader European ETFs like EXHE provide meaningful yields; DAX and TecDAX ETFs are growth-focused.
Which ETFs are available in both Xetra and US markets?
DAX ETFs like EXS1 and DBXD are Xetra-listed UCITS ETFs; EWG and FLGR are US-listed options providing German equity exposure.
How do expense ratios compare among German ETFs?
Xtrackers DAX (DBXD) and FLGR are ultra-low cost at 0.09%, DAX trackers like EXS1 charge 0.16%, TecDAX and MDAX ETFs around 0.51%, and EWG charges 0.5%.