How the Largest Stock ETFs in Denmark Performed

Each month, we check in on the performance of the largest Europe-domiciled stock exchange-traded funds available for sale in Denmark.

When evaluating ETFs, investors should focus on long-term returns across multiple years and market cycles. However, short-term returns can provide valuable information about biases within strategies.

Out of the 10 largest Europe-domiciled stock ETFs, the top performer last month was the DKK 298.5 billion iShares Core MSCI EM IMI UCITS ETF EIMI, which gained 3.26%. The bottom performer was the DKK 198.1 billion Xtrackers MSCI World UCITS ETF XDWD, which gained 1.61%.

Here’s more about the performance of the largest stock ETFs.

iShares Core S&P 500 UCITS ETF CSSPX

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : US Large-Cap Blend Equity

The iShares Core S&P 500 UCITS ETF gained 2.07% in August, outperforming the average fund in the US large-cap blend equity category, which rose 1.93%. The DKK 1 trillion fund has gained 21.59% over the past year, while the average fund in its category is up 19.37%. The iShares fund, which launched in May 2010, has climbed 18.28% over the past three years annualized and gained 13.04% annualized over the past five years.

iShares Core MSCI World UCITS ETF IWDA

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Global Large-Cap Blend Equity

The iShares Core MSCI World UCITS ETF gained 1.97% in August, performing roughly in line with the average fund in the global large-cap blend equity category, which rose 1.96%. The DKK 980.3 billion fund has gained 21.93% over the past year, while the average fund in its category is up 18.97%. The iShares fund, which launched in September 2009, has climbed 17.72% over the past three years annualized and gained 11.83% annualized over the past five years.

Vanguard S&P 500 UCITS ETF VUSD

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : US Large-Cap Blend Equity

In August, the Vanguard S&P 500 UCITS ETF rose 1.73%, while the average US large-cap blend equity fund gained 1.93%. The fund underperformed 63% of its peers. The DKK 574.9 billion fund has climbed 21.19% over the past year, outperforming the average fund in its category, which rose 19.37%. The Vanguard fund, which launched in May 2012, has climbed 18.15% over the past three years annualized and gained 12.96% annualized over the past five years.

Vanguard FTSE All-World UCITS ETF VWRD

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Global Large-Cap Blend Equity

In August, the Vanguard FTSE All-World UCITS ETF rose 1.77%, while the average global large-cap blend equity fund gained 1.96%. The fund underperformed 54% of its peers. The DKK 547.7 billion fund has climbed 23.41% over the past year, outperforming the average fund in its category, which rose 18.97%. The Vanguard fund, which launched in May 2012, has climbed 17.87% over the past three years annualized and gained 11.37% annualized over the past five years.

Invesco S&P 500 UCITS ETF SPXS

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : US Large-Cap Blend Equity

In August, the Invesco S&P 500 UCITS ETF rose 1.74%, while the average US large-cap blend equity fund gained 1.93%. The fund underperformed 61% of its peers. The DKK 379.7 billion fund has climbed 21.33% over the past year, outperforming the average fund in its category, which rose 19.37%. The Invesco fund, which launched in May 2010, has climbed 18.33% over the past three years annualized and gained 13.17% annualized over the past five years.

iShares Core MSCI EM IMI UCITS ETF EIMI

• Morningstar Medalist Rating
  : Bronze
• Morningstar Category
  : Global Emerging Markets Equity

The DKK 298.5 billion iShares Core MSCI EM IMI UCITS ETF rose 3.26% in August. The gain on the fund beat the 2.63% gain on the average fund in the global emerging markets equity category, outperforming 73% of its peers. Over the past year, the iShares fund rose 37.76%, while the average fund in its category rose 38.24%. The fund, which launched in May 2014, has climbed 19.64% over the past three years annualized and gained 8.64% annualized over the past five years.

State Street SPDR S&P 500 UCITS ETF SPY5

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : US Large-Cap Blend Equity

The DKK 280.3 billion State Street SPDR S&P 500 UCITS ETF rose 1.73% in August. The gain on the fund was shy of the 1.93% gain on the average fund in the US large-cap blend equity category, underperforming 63% of its peers. Over the past year, the State Street fund rose 21.20%, while the average fund in its category rose 19.37%. The fund, which launched in March 2012, has climbed 18.16% over the past three years annualized and gained 12.96% annualized over the past five years.

iShares V PLC - iShares MSCI ACWI UCITS ETF ISAC

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Global Large-Cap Blend Equity

The DKK 239.3 billion iShares V PLC - iShares MSCI ACWI UCITS ETF rose 2.02% in August. The gain on the fund was roughly in line with the 1.96% gain on the average fund in the global large-cap blend equity category, outperforming 58% of its peers. Over the past year, the iShares fund rose 23.93%, while the average fund in its category rose 18.97%. The fund, which launched in October 2011, has climbed 18.04% over the past three years annualized and gained 11.53% annualized over the past five years.

Amundi Core S&P 500 Swap LSPU

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : US Large-Cap Blend Equity

The DKK 232.6 billion Amundi Core S&P 500 Swap rose 1.74% in August. The gain on the fund was shy of the 1.93% gain on the average fund in the US large-cap blend equity category, underperforming 61% of its peers. Over the past year, the Amundi fund rose 21.35%, while the average fund in its category rose 19.37%. The fund, which launched in March 2010, has climbed 18.33% over the past three years annualized and gained 13.14% annualized over the past five years.

Xtrackers MSCI World UCITS ETF XDWD

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Global Large-Cap Blend Equity

The Xtrackers MSCI World UCITS ETF gained 1.61% in August, underperforming the average fund in the global large-cap blend equity category, which rose 1.96%. The DKK 198.1 billion fund has gained 21.55% over the past year, while the average fund in its category is up 18.97%. The Xtrackers fund, which launched in July 2014, has climbed 17.60% over the past three years annualized and gained 11.75% annualized over the past five years.