Summary
iShares MSCI Germany ETF is an ETF - a fund traded on an exchange like a stock - run by IShares. Positions inside: 55. The ten largest make up 63% of the fund.
- Yearly costs
- 0.49%
- Fund size
- $1.55B
- Positions
- 55
- Dividend yield
- 2.03%
- Running since
- 1996
What speaks for it
- A large fund with $1.55B under management.
- Easy to buy and sell: about $41.3M changes hands a day.
- It has been running since 1996.
What to watch
- The ten largest positions make up 63% of the fund, so its result rests on a few names.
- 99% of the fund is in one country (Germany).
- Costs of 0.49% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 46% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.1%
- 3 months
- -0.4%
- This year
- -3.7%
- 1 year
- -1.6%
- 3 years
- +63%
- 5 years
- +21%
- 10 years
- +58%
- Avg. market cap
- $118.7B
- P/E
- 16.1x
- Forward P/E
- 15.2x
- P/S
- 1.2x
- P/B
- 1.9x
- P/FCF
- 11.8x
- EV/EBITDA
- 11.2x
- Dividend yield
- 2.57%
- ROIC
- 5.6%
- ROE
- 15.0%
- Gross margin
- 39.0%
- Operating margin
- 15.1%
- Net margin
- 10.5%
- Payout ratio
- 41.3%
- Net debt/EBITDA
- 1.8x
- Beta
- 0.96
Weighted average of the 50 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SASAP SE SAP.DE 12%
- 2 SISiemens SIE.DE 12%
- 3 ALAllianz ALV.DE 9.9%
- 4 ENSiemens Energy AG ENR.DE 6.2%
- 5 DTDeutsche Telekom AG DTE.DE 5.3%
- 6 MUMünchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München MUV2.DE 4.2%
- 7 IFInfineon IFX.DE 4.1%
- 8 DBDeutsche Börse AG DB1.DE 3.4%
- 9 DHDeutsche Post AG DHL.DE 3.2%
- 10 DBDeutsche Bank AG DBK.DE 3.0%
Positions in the fund: 55. The ten largest make up 63% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Industrials 30%
- Utilities 4.6%
- Real estate 0.7%
- Other 65%
By country
- Germany 99%
- Netherlands 0.5%
- United States 0.03%
- Other countries 0.1%
By company size
- Mega cap 24%
- Large cap 75%
- Mid cap 1.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Industrials (30%). Largest country: Germany (99%). Largest size group: Large cap (75%).
What does it cost me?
Expensive- A year from $10,000
- $49.00
- Over 20 years
- $2,370
From every $10,000 invested the fund takes $49.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,370.
How has it done?
Growing slowly- A year on average, 10 years
- +4.7%
- Deepest drop
- -46%
- Yearly volatility
- 18%
Average yearly growth over the last ten years: 4.7%. Deepest drop in these years: 46% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.03%
- Payments a year
- 1
- Last payment
- $0.83
Over the last 12 months it paid $0.83 per share, which is 2.03% of today's price. The last payment was $0.83 on Jun 15, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $41.3M
- Shares a day
- 1.0M
On an average day about $41.3M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.1
- Average Bulios Score
- 61 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 9.9%
- Overvalued 60%
On average the companies inside trade for 16.1 times their yearly profit. By Fair Price, 60% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
DE DEL2.DE L&G DAX Daily 2x Long UCITS ETF | Ireland | 0.40% | $39.0M | -0.7% | Reinvests | 96% |
FL FLGR Franklin FTSE Germany ETF | United States | 0.09% | $36.7M | -2.8% | Pays out | 95% |
EL EL4F.DE Deka DAX (ausschüttend) UCITS ETF | Germany | 0.15% | $1.14B | +1.4% | Pays out | 92% |
EL EL4A.DE Deka DAX UCITS ETF | Germany | 0.15% | $2.11B | +3.4% | Reinvests | 92% |
EX EXIC.DE iShares Core DAX UCITS ETF (DE) EUR (Dist) | Germany | 0.16% | $9.42B | +1.6% | Pays out | 92% |
ET ETFDAX.WA Amundi DAX II UCITS ETF Acc | Luxembourg | 0.15% | $1.50B | +6.8% | Reinvests | 92% |