Global X EURO STOXX 50 ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global ex-Australia equity funds would cost $297 (0.59% a year), so ESTX is $115 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 50 securities · top 10 = 42.1%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.3 | 1.3 | −9.2 | 1.9 | 5.6 | 5.5 | 0.4 | 0.5 | −1.3 | −5.8 | −2.4YTD | ||
| 2025 | 8.4 | 2.6 | 1.1 | 0.9 | 4.4 | 1.2 | −0.0 | 0.3 | 2.1 | 2.5 | −0.2 | 1.2 | 27.2 |
| 2024 | 4.9 | 6.0 | 4.5 | −3.4 | 1.2 | −2.6 | 2.6 | −1.0 | 1.2 | −1.4 | −4.0 | 5.4 | 13.5 |
| 2023 | 5.6 | 4.9 | 4.4 | 5.0 | −2.4 | 1.6 | 2.8 | −1.1 | −6.2 | −1.3 | 7.5 | 1.2 | 23.3 |
| 2022 | −0.2 | −10.7 | −0.6 | −4.3 | 3.1 | −7.5 | 1.2 | −2.6 | −5.1 | 13.8 | 8.6 | −1.0 | −7.5 |
| 2021 | −2.0 | 0.9 | 6.8 | 3.4 | 3.9 | 1.4 | 0.8 | 3.6 | −2.5 | −1.3 | 0.2 | 2.6 | 19.0 |
| 2020 | 2.0 | −7.2 | −12.8 | 2.3 | 2.5 | 4.0 | 0.3 | 2.1 | −2.8 | −7.0 | 16.5 | 0.5 | −2.5 |
| 2019 | 3.9 | 4.1 | 1.4 | 5.5 | −3.0 | 5.3 | 0.5 | 0.3 | 2.1 | 1.9 | 3.0 | −0.4 | 27.1 |
| 2018 | 2.9 | −2.9 | −0.6 | 5.9 | −4.5 | 0.4 | 3.7 | −0.3 | 1.5 | −9.0 | −2.4 | −2.2 | −8.1 |
| 2017 | −3.5 | −0.6 | 6.5 | 6.8 | 4.5 | −3.5 | −0.7 | 0.4 | 4.9 | 3.4 | 0.9 | −3.5 | 16.0 |
| 2016 | 2.1 | −1.5 | −0.1 | −0.3 | 9.4 | 9.6 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
ESTX questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Global X EURO STOXX 50 ETF?
Global X EURO STOXX 50 ETF holds 50 securities, and its ten largest positions make up 42.1% of the fund, more concentrated than the 35.9% typical of Global ex-Australia equity funds. That makes it moderately diversified.
Its largest country exposure is France at 36.1%, based on holdings as at 2 Sept 2026.
Which ETFs does ESTX double up with most?
ESTX shares the most holdings with Betashares Europe ETF - Currency Hedged (HEUR) (76% overlap), iShares Europe ETF (IEU) (33% overlap) and Vanguard FTSE Europe Shares ETF (VEQ) (30% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 76%, owning both ESTX and HEUR would mostly double up on the same investments rather than spread your money further.
How is Global X EURO STOXX 50 ETF managed – active or passive?
Global X EURO STOXX 50 ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.
What will I pay in fees for ESTX?
ESTX charges a management fee of 0.35% a year, about $35 for every $10,000 invested. That is cheaper than 58% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.
Lower-cost funds with a similar focus include Vanguard MSCI Index International Shares ETF (VGS) at 0.18%, Vanguard MSCI Index International Shares (Hedged) ETF (VGAD) at 0.21% and Dimensional Global Core Equity Trust (Unhedged Class) - Active ETF (DGCE) at 0.30%.
If you would rather have a manager choose the investments, active options such as Vinva Global Alpha Fund - Active ETF (V1AC) at 1.35% and Hyperion Global Growth Companies Fund - Active ETF (HYGG) at 0.70% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.07% for ESTX.
Does Global X EURO STOXX 50 ETF follow a theme?
No. Global X EURO STOXX 50 ETF is a broad equity fund: it aims to cover a wide slice of its market (Global ex-Australia) rather than one theme or sector.
What is under the hood of ESTX?
As at 2 Sept 2026, ESTX's ten largest holdings are Asml Holding NV (8.7%), Siemens AG-Reg (4.5%), Banco Santander (4.2%), Sap SE (4.1%), Totalenergies SE (4.0%), Allianz SE-Reg (3.9%), Schneider Electr (3.7%), Bbva (3.2%), Unicredit Spa (2.9%) and Iberdrola SA (2.8%). Together they make up 42.1% of the fund.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for ESTX's index are in the issuer's PDS. Its top 10 weighting of 42.1% compares with 35.9% for similar funds.
How well has Global X EURO STOXX 50 ETF performed?
Based on its category, Global X EURO STOXX 50 ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned −1.5% over 1 year (median 6.3%; ranked 88 of 121), 15.1% a year over 3 years (median 16.8% a year; ranked 51 of 82) and 10.6% a year over 5 years (median 9.2% a year; ranked 22 of 66). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2016 it has returned 10.6% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for ESTX; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.35% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.