Euro ETFs: Wie du mehr Rendite durch Diversifikation erreichst

Euro ETFs bieten eine einfache Möglichkeit, an den europäischen Märkten zu investieren.

Eine Diversifikation ist ein wichtiger Bestandteil einer erfolgreichen Anlagestrategie.

Durch die Kombination von verschiedenen Euro ETFs kannst du deine Rendite erhöhen und das Risiko minimieren.

Ein Beispiel dafür ist die Kombination von Euro- und US-Dollar-ETFs, die es ermöglicht, auf die Wirtschaftsentwicklung in Europa und den USA zu reagieren.

Let's take a closer look at the different euro ETFs and their performance. The Euro Stoxx 50, for example, is a well-known index that's often followed by investors. It's a bit more volatile than some of the other options, so it's worth keeping an eye on.

One of the key differences between the various euro ETFs is their geographic focus. The Stoxx Europe 600, for instance, covers 17 European countries, while the Euro Stoxx 50 is limited to the Eurozone. The MSCI Europe index, on the other hand, represents around 85% of the European market, but only covers 15 countries.

Here's a breakdown of the top countries represented in each index:

As you can see, the composition of each index is quite different. This can have a significant impact on their performance, so it's essential to choose the right one for your investment goals.

When evaluating euro ETFs, it's essential to consider the trade-off between return and risk. The Stoxx Europe 600 index, for example, had a return of 7.2% per year between 2015 and 2019.

The Schwankungsbreite, or volatility, of the Stoxx Europe 600 index was 15.2% per year, indicating a relatively high level of risk. In contrast, the MSCI World index had a return of 10.4% per year during the same period, with a volatility of 13.4%.

Here's a summary of the returns and volatilities of the mentioned indices:

The MSCI World index, which includes over 1,400 stocks, had the highest return among the mentioned indices, while also having relatively low volatility.

Having more companies in an index can lead to higher returns. The Stoxx Europe 600, which includes a broader range of companies, has outperformed the MSCI Europe and the Stoxx Europe 50 in both short-term and long-term gains.

The Stoxx Europe 600's broader scope allows it to tap into the potential of more companies, resulting in better performance. This is evident in its ability to outperform the MSCI Europe.

In contrast, the Stoxx Europe 50, which focuses on the 50 largest companies in Europe, has struggled to keep pace with the Euro Stoxx 50, which is limited to companies in the Eurozone.

The Euro Stoxx 50's narrower focus has actually allowed it to outperform the Stoxx Europe 50 in the long term.

The performance of various stock market indices between 2015 and 2019 is a fascinating topic. The Stoxx Europe 600 index had a return of 7.2% per year during this period.

The MSCI Europe index, on the other hand, had a slightly lower return of 6.9% per year. Both indices had a relatively high volatility of 15% per year.

The Stoxx Europe 50 index, which tracks the 50 largest European companies, also performed well with a return of 6.2% per year. Its volatility was similar to the other two indices at 15.2% per year.

The Euro Stoxx 50 index had a return of 7.0% per year, with a higher volatility of 17.0% per year. In contrast, the Dax index, which tracks the 30 largest German companies, had a lower return of 5.8% per year and a higher volatility of 17.5% per year.

The MSCI World index, which tracks over 1,400 companies worldwide, had the highest return of 10.4% per year, with a relatively low volatility of 13.4% per year.

The European stock market has underperformed the U.S. equities market in the past year.

If you're looking for a Europe ETF with strong one-year trailing total returns, consider TUR, EWU, and DBEU. These three ETFs have outperformed the rest, with TUR being the best-performing Europe ETF.

Here are the top three Europe ETFs with the best one-year trailing total returns, along with their top holdings:

More than half of the companies listed in European indices are from countries outside the Eurozone, with the UK being the largest contributor, followed by Switzerland and Sweden. This means that changes in the value of their local currencies relative to the Euro can significantly impact the value of your Euro-denominated ETF.

If the value of the British Pound, Swiss Franc, or Swedish Krona increases relative to the Euro, the value of the ETF will also rise, as the cost of the underlying stocks in these currencies will be higher in Euro terms. Conversely, if these currencies fall against the Euro, the value of the ETF will decrease.

The impact of currency fluctuations can be significant, so it's essential to consider this factor when investing in Euro-denominated ETFs.

The exchange rate plays a significant role in the performance of your ETF portfolio. More than half of the companies listed in European indices are from non-Eurozone countries, with the UK, Switzerland, and Sweden having the largest weights.

This means that fluctuations in the value of their currencies can impact the value of your ETF in euros. For example, if the British pound, Swiss franc, or Swedish krona appreciates against the euro, the value of your ETF will increase.

On the other hand, if these currencies depreciate against the euro, the value of your ETF will decrease. This is because the prices of the underlying stocks are converted to euros, and a weaker currency means the stocks are cheaper in euros.

To illustrate this, consider the following example: if the British pound strengthens against the euro, the value of a UK-based company's shares will increase in euros, boosting the value of your ETF.

This can create a mismatch between the performance of the individual stocks and the overall value of your ETF. As an investor, you need to weigh the benefits of diversification across countries, industries, and company sizes against the potential impact of currency fluctuations.

Here's a rough breakdown of the countries outside the Eurozone that have a significant presence in European indices:

In the European Union, many ETFs are traded as cross-border UCITS III funds. This means they can be traded across different countries without any issues.

These funds are often registered in one country, but traded in another. For example, the UK iShares and ETF Securities are Irish registered UCITS funds and trade on the London Stock Exchange.

Indexchange Investments AG is another company that offers cross-border ETFs, with its funds listed in Germany on the Deutsche Börse. They were previously a subsidiary of HypoVereinsbank, but have since been acquired by Barclays Global Investors.

Some popular cross-border ETFs include ETFS All Commodities DJ-AIGCISM, ETFS Energy DJ-AIGCISM, and iShares DJ STOXX 50. These ETFs allow you to invest in a variety of assets, such as commodities and energy, while taking advantage of the benefits of cross-border trading.

Here are some examples of cross-border ETFs: