FGMvsIEURETF Comparison
VS
First Trust Germany AlphaDEX Fund ETF (FGM) and iShares Core MSCI Europe ETF (IEUR) belong to the same industry segment: Europe Blended Cap. FGM's top 3 sector exposures are Industrials, Finance and Non-Energy Materials. In contrast, IEUR's top sector exposures are Finance, Industrials and Healthcare. FGM is more expensive with a Total Expense Ratio (TER) of 0.8%, versus 0.1% for IEUR. FGM is up 2.13% year-to-date (YTD) with +$15M in YTD flows. IEUR performs better with 7.9% YTD performance, and +$1.28B in YTD flows. Run a side-by-side ETF comparison of FGM and IEUR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FGM vs IEUR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FGM IEUR | -2.67%+0.75% | -2.73%+0.69% | +2.13%+7.90% | +14.50%+17.75% | +65.81%+53.47% | +25.82%+58.24% |
| Flows | FGM IEUR | -+$61M | -$16M-$134M | +$15M+$1.28B | +$24M+$909M | +$65M+$2.45B | +$3M+$2.16B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FGM IEUR | +22.81%+17.24% | +21.67%+15.69% | +20.37%+15.01% | +23.22%+17.41% |
| Max drawdown | FGM IEUR | -7.99%-4.38% | -17.67%-11.85% | -17.67%-13.88% | -49.67%-32.66% |
| Max drawdown duration | FGM IEUR | 49d33d | 157d110d | 157d44d | 1347d902d |
Trading data
FGM | IEUR | |
Last sale 7/20/2026 at 1:30 PM | $61.90 | $74.31 |
| Previous close 07/17/2026 | $62.69 | $75.11 |
| Consolidated volume 07/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FGM | IEUR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/20/2026 at 1:30 PM
Live
Closed
FGM | IEUR | |
|---|---|---|
| Last price | $61.90 | $74.31 |
| 1D performance | -1.25% | -1.07% |
| AuM | $97.57 M | $8.76 B |
| E/R | 0.8% | 0.1% |
Characteristics
FGM | IEUR | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | iShares |
| Benchmark | NASDAQ AlphaDEX Germany Index | MSCI Europe IMI Index |
| N° of holdings | 35 | 997 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 14, 2012 | June 10, 2014 |
| ESG | No | No |
Advertisement
Exposure
Countries
FGM
Germany
82.49%
Other
17.51%
IEUR
United Kingdom
21.5%
Switzerland
14.85%
Germany
13.35%
France
13.06%
Netherlands
9.36%
Other
27.88%
Sectors
FGM
Industrials
35.86%
Finance
15.37%
Non-Energy Materi.
13.41%
Consumer Cyclical.
9.35%
Other
26.01%
IEUR
Finance
24.27%
Industrials
17.5%
Healthcare
11.82%
Technology
10.6%
Consumer Non-Cycl.
8.3%
Other
27.51%
Advertisement
Diversification
FGM
Total weight of top 15 holdings out of 15
56.69%
IEUR
Total weight of top 15 holdings out of 15
23.83%
Top 15 holdings
Data as of May 31, 2026
FGM
Aurubis AG
6.91%
Hochtief AG
5.68%
Nordex SE
4.66%
Deutsche Lufthansa AG
3.95%
thyssenkrupp AG
3.93%
Aroundtown SA
3.78%
Deutsche Post AG
3.51%
LEG Immobilien SE
3.50%
Siemens Energy AG
3.18%
Bayerische Motoren Werke AG
3.16%
Bilfinger SE
3.14%
Bayer AG
3.03%
Volkswagen AG
2.79%
Mercedes-Benz Group AG
2.74%
Vonovia SE
2.73%
IEUR
ASML Holding NV
4.00%
HSBC Holdings Plc
2.06%
Roche Holding AG
1.89%
AstraZeneca PLC
1.80%
Novartis AG
1.77%
Nestlé SA
1.67%
Shell Plc
1.50%
Siemens AG
1.50%
SAP SE
1.20%
Banco Santander SA
1.14%
TotalEnergies SE
1.10%
Schneider Electric SE
1.10%
Allianz SE
1.08%
ABB Ltd.
1.07%
Rolls-Royce Holdings Plc
0.96%
Frequently asked questions about FGM and IEUR
How have the FGM and IEUR ETFs performed in 2026?
As of July 16, 2026, FGM is up 2.13% year-to-date (YTD), while IEUR has returned 7.9%. That puts IEUR better performer ahead so far this year.
Which ETF is attracting more investor money: FGM or IEUR?
Year-to-date, the FGM ETF saw +$15M in flows, compared to +$1.28B for IEUR.
Which ETF is more volatile: FGM or IEUR?
Over the past year, FGM had a volatility of 21.67%, while IEUR experienced 15.69%.
Which ETF is bigger: FGM or IEUR?
As of July 16, 2026, FGM holds $97.57 M in assets under management (AUM), while IEUR manages $8.76 B.
What sectors do the FGM and IEUR ETFs invest in?
FGM leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, IEUR focuses on Finance, Industrials and Healthcare.
What are the top holdings of the FGM ETF and IEUR ETF?
FGM top holdings include Aurubis AG, Hochtief AG and Nordex SE. IEUR holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.
Which ETF is more diversified: FGM or IEUR?
FGM holds 35 securities with 56.69% of its assets in the top 15. IEUR has 1015 securities and a top 15 weight of 23.83%.
Advertisement
Latest news about FGM & IEUR
ETF Comparison: Vanguard FTSE Europe ETF (VGK) Versus iShares Core MSCI Europe ETF (IEUR)
April 22, 2025
IEUR
Should You Hedge Currency Risk in European Equity ETFs?
April 9, 2025
IEUR
European energy crisis - ETFs to speculate and hedge with
September 15, 2022
IEUR
Advertisement
Advertisement
