This article needs to be updated.(November 2025) |
This is a list of notable European exchange-traded funds, or ETFs. These are ETFs that are traded on European exchanges. (This list does not include ETFs that invest in European stocks but trade on other exchanges, such as the New York Stock Exchange. For example, the list below does not include the large Vanguard Europe ETF (ticker: VGK; name: Vanguard MSCI Europe ETF) which trades in the United States.)
In the European Union many ETFs are traded as cross-border UCITS III funds. For example the UK iShares and ETF Securities are Irish registered UCITS funds and trade on the London Stock Exchange. Other ETFs are offered by Indexchange Investments AG, whose funds are listed in Germany on the Deutsche Börse. Indexchange was a subsidiary of HypoVereinsbank. It has been acquired by Barclays Global Investors. [1]
Deutsche Börse provides trading for more than 1000 ETFs in Frankfurt in its Xetra system. The ten largest ETFs on Xetra by fund volume are [2]
Many other ETFs (relevant or not) are also traded at this and other German exchanges.
Listed at Oslo Stock Exchange Oslo Stock Exchange
In Sweden XACT Fonder is the largest provider of ETFs with Nordic exposure. As of September 2010, 20 ETFs were provided by XACT: Updated 02.05.15 there are 10 active today:
The main ETF provider in the CEE region by country coverage is Sofia-based Expat Asset Management [3] . Expat launched its first ETF product in 2016. As of January 2026, the company has 11 passive index UCITS ETFs listed in Frankfurt on Xetra and in Sofia on the Bulgarian Stock Exchange, with one fund listed on the London Stock Exchange too. The ETFs are following the major local equity indices of Greece (Athex Composite), Bulgaria (SOFIX), Serbia (BELEX15), North Macedonia (MBI10), Croatia (CROBEX), Slovenia (SBI TOP), Hungary (BUX), Romania (BET), Slovakia (SAX), Czechia (PX) and Poland (WIG20):
| No. | Fund Name | Ticker | ISIN | Exchange |
| 1 | Expat Greece ASE UCITS ETF | GRX [4] | BGGRASE06174 | Xetra, BSE |
| 2 | Expat Czech PX UCITS ETF | CZX [5] | BGCZPX003174 | Xetra, BSE |
| 3 | Expat Macedonia MBI10 UCITS ETF | MKK1 [6] | BGMACMB06181 | Xetra, BSE |
| 4 | Expat Bulgaria SOFIX UCITS ETF | BGX [7] | BG9000011163 | Xetra, LSE, BSE |
| 5 | Expat Romania BET UCITS ETF | ROX [8] | BGROBET05176 | Xetra, BSE |
| 6 | Expat Slovakia SAX UCITS ETF | SK9A [9] | BGSKSAX04187 | Xetra, BSE |
| 7 | Expat Slovenia SBI TOP UCITS ETF | SLQX [10] | BGSLOBI02187 | Xetra, BSE |
| 8 | Expat Hungary BUX UCITS ETF | HUBE [11] | BGHUBUX01189 | Xetra, BSE |
| 9 | Expat Poland WIG20 UCITS ETF | PLX [12] | BGPLWIG04173 | Xetra, BSE |
| 10 | Expat Serbia BELEX15 UCITS ETF | ESNB [13] | BGSRBBE05183 | Xetra, BSE |
| 11 | Expat Croatia CROBEX UCITS ETF | ECDC [14] | BGCROEX03189 | Xetra, BSE |
The funds are traded in euro and are designed to give international investors convenient exposure to country-specific risk in the CEE region in a well-known European UCITS ETF wrapper, where issues with market access, various local currencies, higher transaction and FX costs and wider spreads make it generally more difficult for non-local investors to allocate risk. The ETFs are functioning as conduits for capital flows between the international financial markets (Xetra, the London Stock Exchange) and the local capital markets of the countries in Central and Eastern Europe.
Expat also manages two AIF ETFs - an inverse (short) ETF on the SOFIX index of the Bulgarian capital market and a gold price tracker. Both funds are listed in Sofia on the Bulgarian Stock Exchange and traded in euro:
As of January 2026, Expat Asset Management is the only ETF provider from the CEE region on Xetra [17] and the London Stock Exchange [18] . Expat is also the only ETF provider for many of the local indices (i.e. in Bulgaria, Czechia, Slovakia, Serbia, North Macedonia) and the only provider with products readily accessible to international investors (traded on major international exchanges in EUR).
Other local ETF managers exist in Romania (Patria Asset Management [19] ), Croatia (InterCapital ETF [20] ), Hungary (OTP Investment Fund Management [21] ) and Poland (AgioFunds [22] ). However, their funds are listed on the their respective local markets only, traded mainly in local currency (i.e. Romanian lei, Hungarian forints and Polish zloty) and therefore generally less accessible to international investors.