MSCI Europe Index | Level, Chart & ETFs
The MSCI Europe covers large- and mid-caps from 15 developed European markets – from the UK and France through Germany and Switzerland to Scandinavia.
2026+9.6 %
1J+17.5 %
52W
ETFs4
The chart shows the Vanguard FTSE Developed Europe ETF (VGK), tracking FTSE Developed Europe — nearly the same companies as the MSCI Europe, but a different index family with slightly different country and size cut-offs.
ETFs tracking this index
- IMEA EU iShares Core MSCI Europe UCITS ETF EUR (Acc) · TER 0.12 %
- SPYE EU State Street® SPDR® MSCI Europe UCITS ETF · TER 0.08 % · 402 Mio. cheapest largest
- XMEU EU Xtrackers MSCI Europe UCITS ETF 1c
- XIEE EU Xtrackers MSCI Europe UCITS ETF 1d
Composition – 50 largest holdings
Based on: Xtrackers MSCI Europe UCITS ETF 1c · as of 2026-08-27 · 400 holdings
| # | Stock | Ticker | Sector | Country | Weight |
|---|---|---|---|---|---|
| 1 | ASML Holding Adr Representing | ASML | IT | Niederlande | 4.60 % |
| 2 | HSBC Holdings plc | HSBA | Finanzwesen | Vereinigtes Königreich | 2.44 % |
| 3 | Roche PS Par AG | ROP | Gesundheitsversorgung | Schweiz | 2.21 % |
| 4 | Novartis AG | NOVN | Gesundheitsversorgung | Schweiz | 1.97 % |
| 5 |  Shell plc | SHEL | Energie | Niederlande | 1.77 % |
| 6 | Nestle S.A. | NESN | Nichtzyklische Konsumgüter | Schweiz | 1.76 % |
| 7 |  Astrazeneca plc | AZN | Gesundheitsversorgung | Vereinigtes Königreich | 1.70 % |
| 8 | Siemens N AG | SIE | Industrie | Deutschland | 1.66 % |
| 9 | SAP SE | SAP | IT | Deutschland | 1.56 % |
| 10 | Banco Santander | Finanzwesen | Spanien | 1.44 % |
Show holdings 11 to 50
Allianz SE 1.35 %- Suncor Energy Inc (Canada) 1.27 %
TotalEnergies SE 1.19 %
Rolls-Royce Holdings plc 1.17 %- UBS Group AG 1.17 %
Banco Bilbao Vizcaya Argentaria S.A. 1.12 %
ABB Ltd. 1.04 %- Novo Nordisk A/S Class B 1.03 %
Iberdrola SA 0.99 %- Unilever plc 0.97 %
Airbus Group 0.96 %
Safran SA 0.93 %- Siemens Energy N AG 0.92 %
LVMH Moet Hennessy Louis Vuitton SE 0.91 %
UniCredit S.p.A. 0.91 %- Compagnie Financiere Richemont SA 0.86 %
BNP Paribas S.A. Class A 0.84 %- Deutsche Telekom N AG 0.79 %
- British American Tobacco p.l.c. 0.78 %
BP plc 0.78 %- RIO Tinto Ltd. 0.76 %
Intesa Sanpaolo S.p.A. 0.76 %
Zurich Insurance Group Ltd 0.75 %- Glaxosmithkline 0.71 %
- ING Groep N.V. 0.70 %
- Banco Santander S.A. 0.68 %
- Barclays plc 0.63 %
- L Air Liquide 0.61 %
- Lloyds Banking Group plc 0.61 %
Enel SpA 0.58 %
BAE Systems plc 0.57 %- Infineon Technologies AG 0.56 %
AXA SA 0.55 %- National Grid plc 0.54 %
- Munchener Ruckversicherungs-Gesellschaft AG 0.54 %
- L'Oreal S.A. 0.54 %
- Spotify Technology SA 0.54 %
- Glencore plc 0.52 %
- Investor AB Class B 0.51 %
Natwest Group plc 0.51 %
Sectors
Countries
Performance
| Year to date | +9.6 % | 1 month | +4.3 % |
|---|---|---|---|
| 3 months | +3.8 % | 1 year | +17.5 % |
| Calendar year 2025 | +31.7 % | ||
| Calendar year 2026 | +10.9 % |
Risk metrics
Max drawdown-14.7 %
Volatility p.a.16.7 %
Best year2025: +31.7 %
Worst year2026: +10.9 %
Correlations (90 trading days)
The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.
| Instrument | r | −1 … +1 |
|---|---|---|
| MSCI EMU | +0.95 | |
| MSCI World ex USA | +0.95 | |
| Euro STOXX 50 | +0.94 | |
| USD/CHF | -0.57 | |
| Heating oil | -0.45 | |
| USD/JPY | -0.43 |
Next events
Latest Investment Intelligence News: Indices
· MixedPOL tumbles 9.4% – August 26, 2026
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· Risk-offSelling pressure hits markets, with only 30% of assets higher – August 24, 2026
· MixedCrypto, commodities & FX this week: Sui -9.0% · August 17–21, 2026
· MixedThe week in markets: MSCI Emerging Markets sets the tone for the week (+1.6%) · August 17–21, 2026