ETF · iShares
0MLG iShares MDAX UCITS ETF (DE)
ISIN DE0005933923London Stock Exchange: 0MLGBlackRock, Inc.
- European shares
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE€249.03
on
- Ongoing charge
- 0.51% a year
- Fund size
- £1.1bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0MLG (iShares MDAX UCITS ETF (DE), ISIN DE0005933923) closed at €249.03 on the London Stock Exchange. Its ongoing charge is 0.51% a year (about £51 on £10,000). Over the five years to 13/11/2026 its total return was −18.7%, or −36.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −1.9%
- −5.4% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +10.3%
- −0.3% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −18.7%
- −36.6% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £813 on 13/11/2026 — about £634 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares MDAX UCITS ETF (DE) in pounds (price, with income reinvested in the fund): 2022 −24.9%, 2023 +5.1%, 2024 −10.1%, 2025 +25.2%; 2026 to 13/11/2026 −5.2%. Returns of iShares MDAX UCITS ETF (DE) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −2.8%; to 30/09/2025: +19.6%; to 30/09/2024: −1.4%; to 30/09/2023: +14.5%; to 30/09/2022: −33.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −5.2% | −8.2% | |
| to | +25.2% | +20.9% | |
| to | −10.1% | −13.2% | |
| +5.1% | +0.9% | ||
| −24.9% | −31.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −2.8% | −6.2% |
| from | +19.6% | +14.9% |
| from | −1.4% | −3.9% |
| from | +14.5% | +7.7% |
| from | −33.3% | −38.7% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
19.4%over 5 years
| 1 year | 19.6% |
|---|---|
| 3 years | 17.5% |
| 5 years | 19.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −36.0%
- From to
- Lowest 12-month return
- −35.1%
- 12 months to
- Highest 12-month return
- +30.1%
- 12 months to
- Below its highest weekly close since November 2021
- 17.4%
- High of , latest
In words: Volatility of iShares MDAX UCITS ETF (DE) in pounds, annualised from weekly returns to 13/11/2026: 19.6% over 1 year, 17.5% over 3 years, 19.4% over 5 years. Largest fall in the price of iShares MDAX UCITS ETF (DE) since November 2021, in pounds: −36.0% from 19/11/2021 to 14/10/2022. The lowest 12-month return of iShares MDAX UCITS ETF (DE) in pounds (price, with income reinvested in the fund) since January 2021 was −35.1% (12 months to 23/09/2022); the highest was +30.1% (12 months to 08/08/2025). On 13/11/2026 the price of iShares MDAX UCITS ETF (DE) was 17.4% below its highest weekly close since November 2021 (19/11/2021), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.51%
- a year
- On £10,000
- £51
- a year, roughly
- Over five years
- £252
- of £10,000, before growth
- 230 charge less
- 1 the same
- 11 charge more
Ongoing charge of iShares MDAX UCITS ETF (DE) 0.51% a year. Compared on 14/11/2026, 11 of the 242 other European share funds charge more, 1 the same and 230 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares MDAX UCITS ETF (DE) is an exchange-traded fund (ETF) from iShares, launched in 2001.
It tracks the Germany MDAX.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.51% a year — about £51 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- 0MLG
- ISIN
- DE0005933923
- Also listed as
- EXS3 (Xetra, euros)
- Provider
- iShares
- Tracks
- Germany MDAX
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.51% a year · about £51 on £10,000
- Fund size
- £1.1bn
- Launched
- Domicile
- Germany
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- EUR
- Category
- European shares
Price chart
Over the last year, the closing price went from €237.63 on 14/11/2025 to €249.03 on 13/11/2026 (+4.8%). The lowest close shown was €225.68 on 27/03/2026 and the highest €272.20 on 29/05/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 52
- on record
- Ten largest
- 40.5%
- of the whole fund
- Effective number of holdings
- 37
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 5.5%
- Deutsche Lufthansa
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Deutsche LufthansaLHAIndustrials | 5.46% |
| 2 | TalanxTLXFinancials | 5.25% |
| 3 | SartoriusSRTHealth Care | 4.92% |
| 4 | Knorr-BremseKBXIndustrials | 4.20% |
| 5 | thyssenkruppTKAMaterials | 3.95% |
| 6 | Evonik IndustriesEVKMaterials | 3.78% |
| 7 | NordexNDX1Industrials | 3.63% |
| 8 | Dr ING Hc F Porsche PrfConsumer Discretionary | 3.49% |
| 9 | HensoldtHAGIndustrials | 3.14% |
| 10 | Porsche Automobil Holding PrefConsumer Discretionary | 2.69% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Industrials30.0%
- Consumer Discretionary17.5%
- Materials16.1%
- Information Technology11.3%
- Financials8.0%
- Communication Services7.3%
- Real Estate5.0%
- Health Care4.9%
- Other sectors0.1%
By type of asset
- Equity99.9%
- Cash and money market0.1%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 52 largest and what changed since .
More of the portfolio
The fund publishes 50 holdings; the ten largest make up 40.5% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
3 funds track Germany MDAX, this one included and share classes counted once; their ongoing charges range from 0.19% to 0.51% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Deka MDAX UCITS ETFAccumulating · 0.30% a year | 0.30% | +0.2% | +15.3% | −17.7% |
| Invesco MDAX UCITS ETFAccumulating · 0.19% a year | 0.19% | −1.6% | +11.4% | −18.0% |
| iShares MDAX UCITS ETF (DE)This fundAccumulating · 0.51% a year | 0.51% | −1.9% | +10.3% | −18.7% |
As of
Germany MDAX funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since November 2021, in pounds, with how many weeks it took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 210 European share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (129 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of 0MLG?
The ongoing charge of 0MLG is 0.51% a year — about £51 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares MDAX UCITS ETF (DE) 0.51% a year. Compared on 14/11/2026, 11 of the 242 other European share funds charge more, 1 the same and 230 less (share classes counted once).
What does 0MLG track?
0MLG tracks the Germany MDAX.
Is 0MLG accumulating or distributing?
0MLG is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of 0MLG?
The ISIN of 0MLG is DE0005933923. An ISIN identifies one exact share class of a fund; 0MLG is its ticker on the London Stock Exchange. The same share class is also listed as EXS3 (Xetra, euros).
What does 0MLG hold?
As of 06/11/2026, 0MLG holds 50 positions, according to its published holdings. The largest is Deutsche Lufthansa at 5.46% of the fund; the ten largest make up 40.5%. Its ten largest holdings are Deutsche Lufthansa (5.46%), Talanx (5.25%), Sartorius (4.92%), Knorr-Bremse (4.20%), thyssenkrupp (3.95%), Evonik Industries (3.78%), Nordex (3.63%), Dr ING Hc F Porsche Prf (3.49%), Hensoldt (3.14%) and Porsche Automobil Holding Pref (2.69%).
What were 0MLG’s returns in each of the last five years?
Calendar-year returns of 0MLG in pounds (price, with income reinvested in the fund): 2022 −24.9%, 2023 +5.1%, 2024 −10.1%, 2025 +25.2%; 2026 to 13/11/2026 −5.2%. Past performance is not a guide to future returns.
How has 0MLG done after inflation?
Over the five years to 13/11/2026 0MLG’s total return was −18.7%, or −36.6% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- MEUDAmundi Core Stoxx Europe 600 -UCITS ETF Acc- Capitalisation0.07% a year · £19bn
- SMEAiShares Core MSCI Europe UCITS ETF EUR (Acc)0.12% a year · £14bn
- IMEUiShares Core MSCI Europe UCITS ETF0.12% a year · £9.2bn
- 0MLJiShares Core EURO STOXX 50 UCITS ETF (DE)0.11% a year · £8.3bn
- 0MLDiShares STOXX Europe 600 UCITS ETF0.20% a year · £8.2bn
- 0MLHiShares Core DAX UCITS ETF (DE)0.16% a year · £7.5bn
- XMEUXtrackers MSCI EUROPE UCITS ETF Capitalisation 1C0.13% a year · £6.9bn
- CS51iShares Core EURO STOXX 50 UCITS ETF0.10% a year · £6.5bn
Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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