iShares MSCI Germany ETF (EWG)
Look-through valuation · Country · Expense ratio 0.50 % · ISIN US4642868065
Price history (since 1996)
Monthly close since 1996. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Siemens Aktiengesellschaft SIE | 12.2 % | −48.3 % | 59 |
| Allianz SE VNA O.N. ALV | 9.6 % | −11.3 % | 67 |
| SAP SE SAP | 8.6 % | −8.4 % | 63 |
| Siemens Energy AG ENR | 7.2 % | −77.1 % | 58 |
| Infineon Technologies AG IFX | 5.6 % | −78.7 % | 61 |
| Deutsche Telekom AG DTE | 5.5 % | +63.8 % | 54 |
| Münchener Rück AG MUV2 | 4.0 % | +22.3 % | 53 |
| Deutsche Bank Aktiengesellschaft DBK | 3.4 % | n/a | n/a |
| Deutsche Post AG DHL | 3.2 % | −7.9 % | 69 |
| Bayer AG NA BAYN | 2.9 % | +3.5 % | 53 |
| Deutsche Börse AG DB1 | 2.8 % | −45.4 % | 64 |
| Rheinmetall AG RHM | 2.7 % | −59.8 % | 43 |
| BASF SE BAS | 2.6 % | −16.1 % | 55 |
| E.ON SE EOAN | 2.6 % | −39.5 % | 49 |
| RWE AG RWE | 2.2 % | +6.0 % | 53 |
| Mercedes-Benz Group AG MBG | 2.0 % | +129.4 % | 51 |
| adidas AG ADS | 1.8 % | −36.9 % | 57 |
| Commerzbank AG CBK | 1.5 % | −18.2 % | 68 |
| Heidelberg Materials AG HEI | 1.3 % | −3.6 % | 54 |
| Daimler Truck Holding AG DTG | 1.2 % | +10.6 % | 53 |
| MTU Aero Engines AG MTX | 1.1 % | −12.2 % | 58 |
| Bayerische Motoren Werke Aktiengesellschaft BMW | 1.1 % | +163.9 % | 45 |
| Merck KGaA MRK | 1.1 % | n/a | n/a |
| Fresenius SE & Co. KGaA FRE | 1.0 % | −23.4 % | 53 |
| Vonovia SE VNA | 0.9 % | +73.4 % | 49 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 52 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives iShares MSCI Germany ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 17, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.