EWG vs FGM
iShares MSCI Germany ETF against First Trust Germany AlphaDEX Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
34%
29 shared positions
Fee gap
31 bp
EWG is cheaper
1-year return gap
0.6 pts
FGM is ahead
Larger fund
EWG
$1.5B
Side by side
| EWG | FGM | |
|---|---|---|
| Fund | iShares MSCI Germany ETF | First Trust Germany AlphaDEX Fund |
| Issuer | iShares | First Trust |
| Category | Single Country | Single Country |
| Expense ratio | 0.49% | 0.80% |
| Assets | $1.5B | $86M |
| Average daily dollar volume | $45M | $273K |
| Listed | Mar 12, 1996 | Feb 14, 2012 |
| FrenzyCap score | 66 | 27 |
| 1-month return | −2.8% | −6.3% |
| 3-month return | +0.3% | −7.8% |
| Year to date | −2.5% | −7.1% |
| 1-year return | +0.1% | +0.8% |
| 30-day volatility | 14.3% | 16.0% |
| Worst drawdown, 1 year | −14.5% | −19.1% |
| Trailing 12-month yield | 2.01% | 1.85% |
| Holdings | 56 | 42 |
| Top 10 weight | 63.2% | 39.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$261M thru May 2026 | −$16M thru Jun 2026 |
| 30-day implied volatility | 19.7% | 25.5% |
| Holdings as of | as of Oct 19, 2026issuer data | as of Oct 19, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
66% of EWG · 68% of FGM| Holding | EWG | FGM |
|---|---|---|
| DHL AG | 3.21% | 2.89% |
| DEUTSCHE TELEKOM N AG | 5.26% | 2.85% |
| ALLIANZ | 9.81% | 2.74% |
| BAYER AG | 2.58% | 3.18% |
| SIEMENS N AG | 11.66% | 2.52% |
| INFINEON TECHNOLOGIES AG | 4.15% | 2.28% |
| BASF N | 2.77% | 2.00% |
| RWE AG | 2.23% | 1.79% |
| SIEMENS ENERGY N AG | 6.25% | 1.42% |
| HEIDELBERG MATERIALS AG | 1.16% | 2.31% |
| MERCK | 1.13% | 1.74% |
| BMW | 1.11% | 4.40% |
| HANNOVER RUECK | 1.00% | 1.00% |
| MUENCHENER RUECKVERSICHERUNGS-GESE | 4.17% | 0.98% |
| VOLKSWAGEN NON-VOTING PREF AG | 0.87% | 3.51% |
| E.ON N | 2.38% | 0.86% |
| MTU AERO ENGINES HOLDING AG | 1.13% | 0.84% |
| SYMRISE AG | 0.81% | 1.02% |
| VONOVIA SE | 0.72% | 3.40% |
| HENKEL & KGAA PREF AG | 0.72% | 2.84% |
| BEIERSDORF AG | 0.45% | 0.96% |
| TALANX AG | 0.45% | 1.99% |
| FRESENIUS MEDICAL CARE AG | 0.43% | 3.50% |
| KNORR BREMSE AG | 0.39% | 0.86% |
| HOCHTIEF AG | 0.34% | 3.27% |
Sector mix of the stock holdings
| Sector | EWG | FGM | Gap |
|---|---|---|---|
| Technology | 12.3% | 0.0% | +12.3% |
More: full overlap table · EWG holdings · FGM holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.