# iShares MDAX UCITS ETF (DE) (0MLG) **Source:** https://fundology.uk/fund/0mlg · ISIN DE0005933923 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, 0MLG (iShares MDAX UCITS ETF (DE), ISIN DE0005933923) closed at €250.85 on the London Stock Exchange. Its ongoing charge is 0.51% a year (about £51 on £10,000). Over the five years to 30/09/2026 its total return was −13.9%, or −32.7% after UK CPIH inflation. ## Summary 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. Latest close: **€250.85** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0MLG | | ISIN | DE0005933923 | | Category | European shares | | Type | ETF | | Provider | iShares | | Tracks | Germany MDAX | | Income | Accumulating | | Ongoing charge | 0.51% a year (£51 per £10,000) | | Fund size | £913m | | Launched | 2001 | | Domicile | Germany | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -0.44% | -3.56% | income reinvested | | 3 years | +14.57% | +3.38% | income reinvested | | 5 years | -13.85% | -32.66% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 −10.4%, 2025 +24.0%; 2026 to 30/09/2026 −1.0%. Returns of iShares MDAX UCITS ETF (DE) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.4%; to 30/09/2025: +16.8%; to 30/09/2024: −1.4%; to 30/09/2023: +14.5%; to 30/09/2022: −35.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -24.9% | -31.3% | Price | | 2023 | +5.1% | +0.9% | Price | | 2024 | -10.4% | -13.5% | Price | | 2025 | +24.0% | +19.8% | Price | | 2026 to 30/09/2026 | -1.0% | -3.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 19.69% | -13.96% | | 3 years | 17.70% | -13.96% | | 5 years | 19.39% | -37.16% | ## Largest fall Volatility of iShares MDAX UCITS ETF (DE) in pounds, annualised from weekly returns to 30/09/2026: 19.7% over 1 year, 17.7% over 3 years, 19.4% over 5 years. Largest fall in the price of iShares MDAX UCITS ETF (DE) since October 2021, in pounds: −37.2% from 05/11/2021 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 30/09/2026 the price of iShares MDAX UCITS ETF (DE) was 16.5% below its highest weekly close since October 2021 (05/11/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares MDAX UCITS ETF (DE) 0.51% a year, as of 01/10/2026: 13 of the 225 other European share funds charge more, 1 the same and 211 less (share classes counted once). ## 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 (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Deka MDAX UCITS ETF | 0.30% | -0.2% | +15.2% | -13.2% | | Invesco MDAX UCITS ETF | 0.19% | +0.3% | +15.7% | -12.9% | | iShares MDAX UCITS ETF (DE) (this fund) | 0.51% | -0.4% | +14.6% | -13.9% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.51%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Deutsche Lufthansa | 4.94% | | Talanx | 4.78% | | thyssenkrupp | 4.77% | | Knorr Bremse | 4.58% | | Sartorius Pref | 4.36% | | Evonik Industries | 3.50% | | Dr ING Hc F Porsche Prf | 3.32% | | Nordex | 3.22% | | Hensoldt | 3.02% | | Aixtron | 2.75% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector As published by iShares, as of 29/09/2026. | Sector | Weight | |---|---| | Industrials | 29.5% | | Materials | 17.2% | | Consumer Discretionary | 16.9% | | Information Technology | 12.6% | | Financials | 8.0% | | Communication Services | 6.8% | | Real Estate | 4.6% | | Health Care | 4.4% | | Other sectors | 0.1% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.9% | | Cash and money market | 0.1% | All 52 holdings: https://fundology.uk/fund/0mlg/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.