How the Largest Stock ETFs in Finland Performed

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

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 €39.9 billion iShares Core MSCI EM IMI UCITS ETF EIMI, which gained 3.26%. The bottom performer was the €26.5 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

In August, the iShares Core S&P 500 UCITS ETF rose 2.06%, while the average US large-cap blend equity fund gained 1.92%. The fund outperformed 61% of its peers. The €136.8 billion fund has climbed 21.41% over the past 12 months, outperforming the average fund in its category, which rose 19.20%. The iShares fund, which launched in May 2010, has climbed 18.16% over the past three years annualized and gained 12.92% 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 €131.2 billion iShares Core MSCI World UCITS ETF rose 1.97% in August. The gain on the fund was roughly in line with the 1.95% gain on the average fund in the global large-cap blend equity category, outperforming 55% of its peers. Over the past 12 months, the iShares fund rose 21.75%, while the average fund in its category rose 18.80%. The fund, which launched in September 2009, has climbed 17.60% over the past three years annualized and gained 11.71% annualized over the past five years.

Vanguard S&P 500 UCITS ETF VUSD

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

The Vanguard S&P 500 UCITS ETF gained 1.73% in August, underperforming the average fund in the US large-cap blend equity category, which rose 1.92%. The €76.9 billion fund has gained 21.02% over the past 12 months, while the average fund in its category is up 19.20%. The Vanguard fund, which launched in May 2012, has climbed 18.03% over the past three years annualized and gained 12.85% 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 1.76%, while the average global large-cap blend equity fund gained 1.95%. The fund underperformed 54% of its peers. The €73.3 billion fund has climbed 23.24% over the past 12 months, outperforming the average fund in its category, which rose 18.80%. The Vanguard fund, which launched in May 2012, has climbed 17.75% over the past three years annualized and gained 11.26% annualized over the past five years.

Invesco S&P 500 UCITS ETF SPXS

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

The Invesco S&P 500 UCITS ETF gained 1.74% in August, underperforming the average fund in the US large-cap blend equity category, which rose 1.92%. The €50.8 billion fund has gained 21.16% over the past 12 months, while the average fund in its category is up 19.20%. The Invesco fund, which launched in May 2010, has climbed 18.22% over the past three years annualized and gained 13.05% annualized over the past five years.

iShares Core MSCI EM IMI UCITS ETF EIMI

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

In August, the iShares Core MSCI EM IMI UCITS ETF rose 3.26%, while the average global emerging markets equity fund gained 2.63%. The fund outperformed 73% of its peers. The €39.9 billion fund has climbed 37.56% over the past 12 months, performing roughly in line with the average fund in its category, which rose 38.04%. The iShares fund, which launched in May 2014, has climbed 19.52% over the past three years annualized and gained 8.52% 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

In August, the State Street SPDR S&P 500 UCITS ETF rose 1.72%, while the average US large-cap blend equity fund gained 1.92%. The fund underperformed 63% of its peers. The €37.5 billion fund has climbed 21.03% over the past 12 months, outperforming the average fund in its category, which rose 19.20%. The State Street fund, which launched in March 2012, has climbed 18.04% over the past three years annualized and gained 12.84% 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

In August, the iShares V PLC - iShares MSCI ACWI UCITS ETF rose 2.02%, while the average global large-cap blend equity fund gained 1.95%. The fund outperformed 58% of its peers. The €32 billion fund has climbed 23.75% over the past 12 months, outperforming the average fund in its category, which rose 18.80%. The iShares fund, which launched in October 2011, has climbed 17.92% over the past three years annualized and gained 11.41% 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 €31.1 billion Amundi Core S&P 500 Swap rose 1.74% in August. The gain on the fund was shy of the 1.92% gain on the average fund in the US large-cap blend equity category, underperforming 61% of its peers. Over the past 12 months, the Amundi fund rose 21.17%, while the average fund in its category rose 19.20%. The fund, which launched in March 2010, has climbed 18.21% over the past three years annualized and gained 13.03% 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 1.95%. The €26.5 billion fund has gained 21.38% over the past 12 months, while the average fund in its category is up 18.80%. The Xtrackers fund, which launched in July 2014, has climbed 17.48% over the past three years annualized and gained 11.64% annualized over the past five years.