# Invesco MDAX UCITS ETF (PEAM) **Source:** https://fundology.uk/fund/peam · ISIN IE00BHJYDV33 · 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, PEAM (Invesco MDAX UCITS ETF, ISIN IE00BHJYDV33) closed at £43.52 on the London Stock Exchange. Its ongoing charge is 0.19% a year (about £19 on £10,000). Over the five years to 30/09/2026 its total return was −12.9%, or −31.9% after UK CPIH inflation. ## Summary Invesco MDAX UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2019. 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 0.19% a year — about £19 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: **£43.52** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | PEAM | | ISIN | IE00BHJYDV33 | | Category | European shares | | Type | ETF | | Provider | Invesco | | Tracks | Germany MDAX | | Income | Accumulating | | Ongoing charge | 0.19% a year (£19 per £10,000) | | Fund size | £456m | | Launched | 2019 | | Domicile | Ireland | ## 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 | +0.29% | -2.86% | income reinvested | | 3 years | +15.69% | +4.40% | income reinvested | | 5 years | -12.86% | -31.88% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco MDAX UCITS ETF in pounds (price, with income reinvested in the fund): 2026 to 30/09/2026 −0.4%. Returns of Invesco MDAX UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 30/09/2026 | -0.4% | -3.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 20.35% | -13.89% | ## Largest fall Volatility of Invesco MDAX UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 20.3% over 1 year. Largest fall in the price of Invesco MDAX UCITS ETF since April 2025, in pounds: −13.9% from 09/01/2026 to 27/03/2026. On 30/09/2026 the price of Invesco MDAX UCITS ETF was 8.7% below its highest weekly close since April 2025 (29/05/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco MDAX UCITS ETF 0.19% a year, as of 01/10/2026: 140 of the 225 other European share funds charge more, 6 the same and 79 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 (this fund) | 0.19% | +0.3% | +15.7% | -12.9% | | iShares MDAX UCITS ETF (DE) | 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): **0.19%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | Deutsche Lufthansa-Reg | 4.91% | | thyssenkrupp | 4.80% | | Talanx | 4.70% | | Knorr-Bremse | 4.52% | | Sartorius Ag-Vorzug EUR Npv Pfd | 4.36% | | Evonik Industries | 3.60% | | Dr ING Heur | 3.34% | | Nordex | 3.27% | | Hensoldt | 3.05% | | Aixtron | 2.86% | ## 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 Invesco, as of 30/09/2026. | Sector | Weight | |---|---| | Industrials | 29.4% | | Materials | 17.4% | | Consumer Discretionary | 16.9% | | Information Technology | 12.8% | | Financials | 7.9% | | Communication Services | 6.6% | | Real Estate | 4.6% | | Health Care | 4.4% | ### By country As published by Invesco, as of 30/09/2026. | Country | Weight | |---|---| | Germany | 96.6% | | South Korea | 2.5% | | Luxembourg | 0.7% | ### By type of asset Added up from the holdings Invesco publishes, as of 30/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.9% | | Cash and money market | 0.1% | All 51 holdings: https://fundology.uk/fund/peam/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.