Best Europe ETFs (2026)
Which fund to use for European equity exposure — 9 funds ranked on cost, yield, return, risk and ETFValuer's overall grade.
Every figure on this page is recalculated from market data each day, so the ranking reflects current conditions rather than whenever this page was written. Educational content — not financial advice.
Top Picks Right Now
- best risk-adjusted return (Sharpe 0.96)
- lowest volatility at 14.9%
- strongest 3-year return at +59.3%
- cheapest in the group at 0.06%
- largest and most liquid at $37.9B
Ranked by ETFValuer's overall score. Recalculated every day from live market data — these positions change as the underlying numbers move.
At a Glance
Each superlative is measured within this group of 9 funds, not across the whole market.
All 9 Funds Ranked
| Fund | Category | Cost | Yield | 1Y | 3Y | Volatility | Max DD | Sharpe | AUM | Score | Grade |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 EWUiShares MSCI United Kingdom ETF | Single Country - Developed | 0.50% | 1.92% | +19.4% | +59.3% | 14.9% | -12.6% | 0.96 | $3.7B | 67.5 | B |
| 2 VGKVanguard FTSE Europe ETF | International Developed | 0.06% | 2.03% | +14.5% | +53.1% | 15.9% | -14.3% | 0.60 | $37.9B | 67.4 | B |
| 3 IEURiShares Core MSCI Europe ETF | International Developed | 0.10% | 3.19% | +14.1% | +52.4% | 15.8% | -14.2% | 0.57 | $8.6B | 64.3 | C |
| 4 EZUiShares MSCI Eurozone ETF | International Developed | 0.50% | 1.64% | +14.7% | +57.2% | 17.7% | -15.0% | 0.55 | $9.6B | 59.8 | C |
| 5 FEZState Street SPDR EURO STOXX 50 ETF | International Developed | 0.29% | 1.21% | +14.2% | +56.1% | 18.4% | -15.8% | 0.50 | $4.3B | 59.1 | C |
| 6 IEViShares Europe ETF | International Developed | 0.60% | 1.69% | +15.0% | +52.0% | 16.0% | -14.6% | 0.62 | $1.6B | 56.8 | C |
| 7 EWLiShares MSCI Switzerland ETF | Single Country - Developed | 0.50% | 1.03% | +12.4% | +37.8% | 15.9% | -13.5% | 0.47 | $2.0B | 54.8 | C |
| 8 EWGiShares MSCI Germany ETF | Single Country - Developed | 0.49% | 1.65% | -2.9% | +49.0% | 17.8% | -15.8% | -0.45 | $1.6B | 44.6 | D |
| 9 EWQiShares MSCI France ETF | Single Country - Developed | 0.50% | 1.33% | +4.2% | +25.3% | 17.6% | -15.2% | -0.05 | $381M | 44.5 | D |
Max DD is the deepest peak-to-trough fall over the measurement window. Sharpe ratio measures return per unit of volatility — higher is better. Every figure is recalculated daily.
What Makes a Good Fund Here
The main split is whether a fund covers all of Europe or only the eurozone — which decides how much UK and Swiss exposure you get, and those are two of the largest markets on the continent. Broad Europe funds are usually the simpler choice.
The ETFValuer score blends trailing return, risk-adjusted return, expense ratio, maximum drawdown, fund size and volatility, each percentile-ranked against the full tracked universe, into a single 0-100 figure graded A+ to F. It is a systematic summary of past data, not a forecast — read it alongside the individual columns rather than instead of them.
Frequently Asked Questions
What is the best Europe ETF?
EWU ranks highest of the 9 Europe funds tracked, scoring 67.5 (B). VGK is the cheapest at 0.06%.
Is a Europe ETF worth holding separately?
A broad international fund already holds Europe at roughly half its weight. A dedicated Europe fund is a deliberate regional overweight rather than a way of filling a gap.
Compare any of these funds directly
Side-by-side metrics, holdings overlap and return correlation for any pair.