# iShares Core DAX UCITS ETF (DE) (0MLH) **Source:** https://fundology.uk/fund/0mlh · ISIN DE0005933931 · 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, 0MLH (iShares Core DAX UCITS ETF (DE), ISIN DE0005933931) closed at €208.55 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the five years to 30/09/2026 its total return was +60.7%, or +25.7% after UK CPIH inflation. ## Summary iShares Core DAX UCITS ETF (DE) is an exchange-traded fund (ETF) from iShares, launched in 2000. It tracks the DAX Index - EUR. 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. Latest close: **€208.55** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0MLH | | ISIN | DE0005933931 | | Category | European shares | | Type | ETF | | Provider | iShares | | Tracks | DAX Index - EUR | | Income | Accumulating | | Ongoing charge | 0.16% a year (£16 per £10,000) | | Fund size | £5.5bn | | Launched | 2000 | | 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 | +4.13% | +0.87% | income reinvested | | 3 years | +60.58% | +44.90% | income reinvested | | 5 years | +60.75% | +25.66% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 +13.2%, 2025 +27.5%; 2026 to 30/09/2026 +1.4%. 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: +4.4%; to 30/09/2025: +26.9%; to 30/09/2024: +20.1%; to 30/09/2023: +25.5%; to 30/09/2022: −20.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -8.1% | -15.9% | Price | | 2023 | +16.8% | +12.2% | Price | | 2024 | +13.2% | +9.4% | Price | | 2025 | +27.5% | +23.1% | Price | | 2026 to 30/09/2026 | +1.4% | -1.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 16.15% | -13.05% | | 3 years | 14.47% | -13.05% | | 5 years | 15.82% | -23.49% | ## Largest fall Volatility of iShares Core DAX UCITS ETF (DE) in pounds, annualised from weekly returns to 30/09/2026: 16.1% over 1 year, 14.5% over 3 years, 15.8% over 5 years. Largest fall in the price of iShares Core DAX UCITS ETF (DE) since October 2021, in pounds: −23.5% from 12/11/2021 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 30/09/2026 the price of iShares Core DAX UCITS ETF (DE) was 4.7% below its highest weekly close since October 2021 (28/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares Core DAX UCITS ETF (DE) 0.16% a year, as of 01/10/2026: 150 of the 225 other European share funds charge more, 1 the same and 74 less (share classes counted once). ## Funds tracking the same index 6 funds track DAX Index - EUR, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.16% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi DAX II UCITS ETF Acc | 0.15% | +4.5% | +60.8% | +61.0% | | Amundi ETF DAX UCITS ETF (DR) FCP | 0.10% | +4.5% | +60.9% | +59.5% | | Deka DAX ausschuettend UCITS ETF | 0.15% | +4.2% | +60.6% | +60.9% | | Deka DAX UCITS ETF | 0.15% | +4.1% | +60.6% | +60.9% | | iShares Core DAX UCITS ETF (DE) (this fund) | 0.16% | +4.1% | +60.6% | +60.7% | | Xtrackers DAX UCITS ETF | 0.09% | +4.6% | +61.1% | +61.5% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.16%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Siemens N | 11.88% | | SAP | 10.69% | | Allianz | 9.23% | | Siemens Energy N | 7.21% | | Airbus | 6.44% | | Deutsche Telekom N | 5.25% | | Infineon Technologies | 4.45% | | Muenchener Rueckversicherungs-Gese | 3.70% | | Deutsche Bank | 3.48% | | Dhl | 3.09% | ## 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 | 35.0% | | Financials | 21.3% | | Information Technology | 15.1% | | Health Care | 6.6% | | Consumer Discretionary | 5.8% | | Communication Services | 5.5% | | Utilities | 4.6% | | Materials | 4.3% | | Other sectors | 1.8% | ### 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 41 holdings: https://fundology.uk/fund/0mlh/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.