ETF · iShares
0MLH iShares Core DAX UCITS ETF (DE)
ISIN DE0005933931London Stock Exchange: 0MLHBlackRock, Inc.
- European shares
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE€220.10
on
- Ongoing charge
- 0.16% a year
- Fund size
- £7.5bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0MLH (iShares Core DAX UCITS ETF (DE), ISIN DE0005933931) closed at €220.10 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the five years to 13/11/2026 its total return was +58.1%, or +23.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +3.5%
- −0.2% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +61.8%
- +46.2% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +58.1%
- +23.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,581 on 13/11/2026 — about £1,234 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 Core DAX UCITS ETF (DE) in pounds (price, with income reinvested in the fund): 2022 −8.1%, 2023 +16.8%, 2024 +13.3%, 2025 +28.3%; 2026 to 13/11/2026 +3.8%. Returns of iShares Core DAX UCITS ETF (DE) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.6%; to 30/09/2025: +31.7%; to 30/09/2024: +20.1%; to 30/09/2023: +25.5%; to 30/09/2022: −19.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +3.8% | +0.5% | |
| to | +28.3% | +23.9% | |
| to | +13.3% | +9.5% | |
| +16.8% | +12.2% | ||
| −8.1% | −15.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +0.6% | −3.0% |
| from | +31.7% | +26.6% |
| from | +20.1% | +17.0% |
| from | +25.5% | +18.0% |
| from | −19.3% | −25.8% |
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)
15.9%over 5 years
| 1 year | 16.5% |
|---|---|
| 3 years | 14.6% |
| 5 years | 15.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −22.3%
- From to
- Lowest 12-month return
- −19.7%
- 12 months to
- Highest 12-month return
- +37.3%
- 12 months to
- Below its highest weekly close since November 2021
- 1.7%
- High of , latest
In words: Volatility of iShares Core DAX UCITS ETF (DE) in pounds, annualised from weekly returns to 13/11/2026: 16.5% over 1 year, 14.6% over 3 years, 15.9% over 5 years. Largest fall in the price of iShares Core DAX UCITS ETF (DE) since November 2021, in pounds: −22.3% from 19/11/2021 to 30/09/2022. The lowest 12-month return of iShares Core DAX UCITS ETF (DE) in pounds (price, with income reinvested in the fund) since January 2021 was −19.7% (12 months to 23/09/2022); the highest was +37.3% (12 months to 08/08/2025). On 13/11/2026 the price of iShares Core DAX UCITS ETF (DE) was 1.7% below its highest weekly close since November 2021 (28/08/2026), 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
- 0.16%
- a year
- On £10,000
- £16
- a year, roughly
- Over five years
- £80
- of £10,000, before growth
- 81 charge less
- 2 the same
- 159 charge more
Ongoing charge of iShares Core DAX UCITS ETF (DE) 0.16% a year. Compared on 14/11/2026, 159 of the 242 other European share funds charge more, 2 the same and 81 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 Core DAX UCITS ETF (DE) is an exchange-traded fund (ETF) from iShares, launched in 2000.
It tracks the DAX Index - EUR - Benchmark TR Gross.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.16% a year — about £16 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
- 0MLH
- ISIN
- DE0005933931
- Also listed as
- EXS1 (Xetra, euros)
- Provider
- iShares
- Tracks
- DAX Index
- 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
- 0.16% a year · about £16 on £10,000
- Fund size
- £7.5bn
- 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 €195.57 on 14/11/2025 to €220.10 on 13/11/2026 (+12.5%). The lowest close shown was €183.95 on 27/03/2026 and the highest €220.10 on 13/11/2026.
One close a week. Before 31/07/2026 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
- 41
- on record
- Ten largest
- 64.2%
- of the whole fund
- Effective number of holdings
- 17
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 12.0%
- SAP
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | SAPSAPInformation Technology | 11.96% |
| 2 | SiemensSIEIndustrials | 10.93% |
| 3 | AllianzALVFinancials | 9.69% |
| 4 | AirbusAIRIndustrials | 6.53% |
| 5 | Siemens EnergyENRIndustrials | 5.74% |
| 6 | Deutsche TelekomDTECommunication Services | 5.07% |
| 7 | Muenchener Rueckversicherungs-GeseFinancials | 4.08% |
| 8 | Deutsche Bank AktiengesellschaftDBKFinancials | 3.41% |
| 9 | Deutsche BoerseDB1Financials | 3.37% |
| 10 | Infineon TechnologiesIFXInformation Technology | 3.37% |
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
- Industrials32.0%
- Financials22.4%
- Information Technology15.3%
- Health Care7.3%
- Consumer Discretionary6.2%
- Communication Services5.4%
- Utilities4.7%
- Materials4.7%
- Other sectors1.9%
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 41 largest and what changed since .
More of the portfolio
The fund publishes 40 holdings; the ten largest make up 64.2% 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
6 funds track DAX Index - EUR - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.16% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi DAX II UCITS ETF AccAccumulating · 0.15% a year | 0.15% | +3.4% | +62.0% | +58.0% |
| Amundi Dax UCITS ETF FCP PartsAccumulating · 0.10% a year | 0.10% | +3.4% | +62.2% | +58.2% |
| Deka DAX ausschuettend UCITS ETFDistributing · 0.15% a year | 0.15% | +4.4% | +64.0% | +57.7% |
| Deka DAX UCITS ETFAccumulating · 0.15% a year | 0.15% | +4.3% | +63.9% | +57.7% |
| iShares Core DAX UCITS ETF (DE)This fundAccumulating · 0.16% a year | 0.16% | +3.5% | +61.8% | +58.1% |
| Xtrackers DAX UCITS ETFAccumulating · 0.09% a year | 0.09% | +4.5% | +64.3% | +57.9% |
As of
DAX 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 3 largest falls since November 2021, in pounds, with how many weeks each 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 0MLH?
The ongoing charge of 0MLH is 0.16% a year — about £16 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 Core DAX UCITS ETF (DE) 0.16% a year. Compared on 14/11/2026, 159 of the 242 other European share funds charge more, 2 the same and 81 less (share classes counted once).
What does 0MLH track?
0MLH tracks the DAX Index - EUR - Benchmark TR Gross.
Is 0MLH accumulating or distributing?
0MLH 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 0MLH?
The ISIN of 0MLH is DE0005933931. An ISIN identifies one exact share class of a fund; 0MLH is its ticker on the London Stock Exchange. The same share class is also listed as EXS1 (Xetra, euros).
What does 0MLH hold?
As of 06/11/2026, 0MLH holds 40 positions, according to its published holdings. The largest is SAP at 11.96% of the fund; the ten largest make up 64.2%. Its ten largest holdings are SAP (11.96%), Siemens (10.93%), Allianz (9.69%), Airbus (6.53%), Siemens Energy (5.74%), Deutsche Telekom (5.07%), Muenchener Rueckversicherungs-Gese (4.08%), Deutsche Bank Aktiengesellschaft (3.41%), Deutsche Boerse (3.37%) and Infineon Technologies (3.37%).
What were 0MLH’s returns in each of the last five years?
Calendar-year returns of 0MLH in pounds (price, with income reinvested in the fund): 2022 −8.1%, 2023 +16.8%, 2024 +13.3%, 2025 +28.3%; 2026 to 13/11/2026 +3.8%. Past performance is not a guide to future returns.
How has 0MLH done after inflation?
Over the five years to 13/11/2026 0MLH’s total return was +58.1%, or +23.4% 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
- XMEUXtrackers MSCI EUROPE UCITS ETF Capitalisation 1C0.13% a year · £6.9bn
- CS51iShares Core EURO STOXX 50 UCITS ETF0.10% a year · £6.5bn
- XDAXXtrackers DAX UCITS ETF0.09% a year · £6.0bn
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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