The best ETFs for European Mid Cap Stocks
How do I invest in European Mid Cap stocks?
Medium-sized companies are the backbone of the European economy. It is well known that companies with smaller market capitalizations generate higher returns over the long term. However, they also come with higher risks that investors should efficiently manage. Investing in mid cap stocks presents a good compromise for investors seeking higher returns with moderate risks.
There are essentially four indices available to invest with ETFs in European mid cap companies. This Investment Guide for European mid cap stocks will help you navigate between the peculiarities of the EURO STOXX® Mid, MSCI EMU Mid Cap, MSCI Europe Mid Cap, STOXX® Europe Mid 200 and ETFs tracking them. It will allow you to find the most suitable ETFs for you by ranking them according to your preferences.
The best European Mid Cap ETF by 1-year fund return as of 30-11-2024
| 1 | iShares MSCI EMU Mid Cap UCITS ETF | 15,70% | ||
| 2 | iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) | 15,36% | ||
| 3 | iShares MSCI Europe Mid Cap UCITS ETF | 15,30% |
All European mid cap ETFs ranked by fund return
The largest European Mid Cap ETF by fund size in EUR
| 1 | iShares EURO STOXX Mid UCITS ETF | 399 m | ||
| 2 | iShares STOXX Europe Mid 200 UCITS ETF (DE) | 387 m | ||
| 3 | iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) | 270 m |
All European mid cap ETFs ranked by fund size
The cheapest European Mid Cap ETF by total expense ratio
| 1 | iShares MSCI Europe Mid Cap UCITS ETF | 0,15% p.a. | ||
| 2 | iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) | 0,15% p.a. | ||
| 3 | iShares STOXX Europe Mid 200 UCITS ETF (DE) | 0,21% p.a. |
All European mid cap ETFs ranked by total expense ratio
Indices on European Mid Cap Stocks compared
Methodologies of the compared indices
| EURO STOXX® Mid | MSCI EMU Mid Cap | MSCI Europe Mid Cap | STOXX® Europe Mid 200 | |
|---|---|---|---|---|
| Number of ETFs | 1 ETF | 1 ETF | 2 ETFs | 1 ETF |
| Number of constituents | 93 (30-06-2021) | 120 (29-11-2024) | 227 (29-11-2024) | 200 |
| Investment universe | EURO STOXX® index: appr. 300 companies from Eurozone | MSCI EMU index: 222 (29-11-2024) companies from Eurozone countries | MSCI Europe index: 415 (29-11-2024) companies from Europe | STOXX® Europe 600 index: 600 companies from 17 European countries |
| Index rebalancing | Quarterly | Quarterly | Quarterly | Quarterly |
| Selection criteria | Companies ranked by size medium third of the underlying EURO STOXX® index | Companies ranked by size covering appr. 15% of the free float-adjusted market cap of the MSCI EMU index after large caps covering first 70% are subtracted | Companies ranked by size covering appr. 15% of the free float-adjusted market cap of the MSCI Europe index after large caps covering first 70% are subtracted | Companies ranked by size from position 201 to 400 in the STOXX® Europe 600 index |
| Index weighting | Market cap (free float) | Market cap (free float) | Market cap (free float) | Market cap (free float) |
Source: justETF Research; As of 31/03/2020
EURO STOXX® Mid index
The EURO STOXX® Mid index comprises medium sized companies from the underlying EURO STOXX® Index. EURO STOXX® index is a subset of STOXX® Europe 600 index. It includes appr. 300 companies from the Eurozone countries. Mid caps are determined as the medium 33% companies in the underlying index ranked by their market capitalisation. The stocks passing the selection screen are ranked in the index by the free float market cap.
Methodology of the EURO STOXX® Mid Factsheet Methodology
- 93 (30-06-2021) mid cap stocks from Eurozone
- Stock selection is based on the size of companies – the middle third of the EURO STOXX® Index is selected
- Index rebalancing takes place quarterly
- Index weighted by free float market capitalization
- Weight per constituent is capped at 20%
MSCI EMU Mid Cap index
The MSCI EMU Mid Cap index captures mid cap stocks across 10 developed countries in the Eurozone. With 120 constituents, the index represents appr. 15% of the free float-adjusted market capitalization of the MSCI EMU Index after the large cap stocks are subtracted. The index is based on free float market capitalization.
Methodology of the MSCI EMU Mid Cap Factsheet Methodology
- 120 (29-11-2024) mid cap stocks from Eurozone countries
- Index rebalancing takes place quarterly
- Investable index has minimum size, free float, liquidity and age of trading criteria
- Stock selection is based on free float market cap
- Selection criteria: Companies ranked by size covering appr. 15% of the free float-adjusted market cap of the MSCI EMU Index after large caps covering first 70% are subtracted
- Index weighted by free float market cap
MSCI Europe Mid Cap index
The MSCI Europe Mid Cap index includes mid cap stocks from 15 developed countries in Europe. With 227 constituents, the index represents appr. 15% of the free float-adjusted market capitalization of the MSCI Europe Index after the large cap stocks are subtracted. The index is based on free float market capitalization.
Methodology of the MSCI Europe Mid Cap Factsheet Methodology
- 227 (29-11-2024) mid cap stocks from the European countries
- Index rebalancing takes place quarterly
- Investable index has minimum size, free float, liquidity and length of trading criteria
- Stock selection is based on free float market cap
- Selection criteria: Companies ranked by size covering 15% of the free float-adjusted market cap of the MSCI Europe after large caps covering first 70% are subtracted
- Index weighted by free float market cap
STOXX® Europe Mid 200 index
The STOXX® Europe Mid 200 Index includes medium sized companies from the underlying STOXX® Europe 600 Index which consists of 600 companies from 17 European countries. STOXX® Europe Mid 200 includes the medium 200 stocks ranked by free float market capitalization.
Methodology of the STOXX® Europe Mid 200 Factsheet Methodology
- 200 stocks mid cap from STOXX® Europe 600 Index
- The index contains only stocks from European countries
- Index rebalancing on quarterly basis
- Stock selection is based on their free float market cap
- Selection criteria: stocks ranked from 201 to 400 by their free float market cap in STOXX® Europe 600 Index are selected
- Index weighted by free float market capitalization
- Weight per constituents is capped at 20%
European Mid Cap ETFs in comparison
When choosing a European mid cap ETF one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all European mid cap ETFs with details on size, cost, age, income, domicile and replication method ranked by fund size.
Compare all European mid cap ETFs in detail
Compare all European mid cap ETFs in a chart
| Provider ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares EURO STOXX Mid UCITS ETFIE00B02KXL92 | 399 | 0,40% p.a. | Distribueren | Ierland | Geoptimaliseerde sampling | |
| iShares STOXX Europe Mid 200 UCITS ETF (DE)DE0005933998 | 387 | 0,21% p.a. | Distribueren | Duitsland | Volledige replicatie | |
| iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc)IE00BF20LF40 | 270 | 0,15% p.a. | Accumulerend | Ierland | Geoptimaliseerde sampling | |
| iShares MSCI EMU Mid Cap UCITS ETFIE00BCLWRD08 | 140 | 0,49% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| iShares Edge MSCI Europe Size Factor UCITS ETFIE00BQN1KC32 | 22 | 0,25% p.a. | Accumulerend | Ierland | Geoptimaliseerde sampling | |
| iShares MSCI Europe Mid Cap UCITS ETFIE00BYXYX745 | 10 | 0,15% p.a. | Distribueren | Ierland | Geoptimaliseerde sampling |
Source: justETF.com; As of 20-12-2024
Return comparison of all Mid Cap ETFs on European equities
The table shows the returns of all European mid cap 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.
| ETF | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| iShares MSCI EMU Mid Cap UCITS ETF | 1,40% | 0,91% | -0,17% | 15,70% | 6,71% | |
| iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) | 1,35% | 0,54% | 1,49% | 15,36% | 6,37% | |
| iShares MSCI Europe Mid Cap UCITS ETF | 1,46% | 0,49% | 1,45% | 15,30% | 6,35% | |
| iShares Edge MSCI Europe Size Factor UCITS ETF | 0,00% | -1,03% | -0,11% | 12,13% | 3,82% | |
| iShares STOXX Europe Mid 200 UCITS ETF (DE) | 0,59% | -0,55% | -0,16% | 11,97% | 4,80% | |
| iShares EURO STOXX Mid UCITS ETF | 0,47% | -0,46% | -1,86% | 11,92% | 5,33% |
| ETF | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| iShares MSCI EMU Mid Cap UCITS ETF | 11,48% | 9,01% | -15,18% | 15,43% | 4,42% | |
| iShares MSCI Europe Mid Cap UCITS ETF | 9,42% | 14,33% | -18,83% | 21,38% | 4,06% | |
| iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) | 9,32% | 14,38% | -18,97% | 21,38% | 4,11% | |
| iShares EURO STOXX Mid UCITS ETF | 7,86% | 10,43% | -14,86% | 16,58% | 1,72% | |
| iShares STOXX Europe Mid 200 UCITS ETF (DE) | 6,68% | 15,87% | -19,41% | 18,57% | 0,95% | |
| iShares Edge MSCI Europe Size Factor UCITS ETF | 6,36% | 14,75% | -18,63% | 19,70% | 2,09% |
Source: justETF.com; As of 30-11-2024; Calculations in EUR including dividends