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Amundi Italy MIB ESG UCITS ETF Acc

Amundi · LU1681037518

Amundi Italy MIB ESG UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker FMI (ISIN LU1681037518). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. At its core it is a focused, thematic fund: it concentrates on the financials part of the market,…

· Tracks the MIB ESG NR index ?
Equity ?Accumulating ?Physical ?LU ?
Low yearly feeReinvests dividendsOwns the shares directlyEuropeConcentrated in a few names
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Fund size (AUM) ?
€192.1M
Risk level (SRI) ?
3 / 7 · Medium
1-year return ?
+27.4%
Total return · to 2026-08-26
Yearly fee (TER) ?
0.18%
All-in cost ≈ 0.18%

About this fund

What you own

The MIB ESG NR index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 39 companies across Europe in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.18%Yearly fee (TER)
0.18%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
MIB ESG NR
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
Jan 2018
8-year track record
Recommended holding period
5 years

Performance

69.7119169218268202120242026

Growth of €100 invested — the line starts at €100.

Amundi Italy MIB ESG UCITS ETF Acc

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD+20.4%
1 year+27.4%
3 years+27.9%
5 years+19.7%

Return, year by year

-9.0
+33.2
+17.3
+35.2
'22'23'24'25
3 of 4 up yearsBest: 2025 +35.2%Worst: 2022 -9.0%Calendar-year total returns, in EUR

How bumpy has it been?

16.7%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-17.6%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
1.72
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+153.2%
Since inception
Total growth since launch — about +19.8% a year.
+46.4%
Best 12 months
The strongest one-year stretch on record.
-18.5%
Worst 12 months
The weakest one-year stretch on record.
-26.0%
Worst fall on record ?
It clawed back in about 4 months.

What's inside

By sector ?

Financials50.0%
Utilities14.4%
Consumer Discretionary12.1%
Industrials11.1%
Technology5.6%
Communication Services2.6%
Energy2.3%
Health Care1.0%

The 10 biggest holdings make up 68.1% of the fund — the rest is spread across roughly 29 more companies.

Top 10 holdings

#CompanyWeight
1INTESA SANPAOLO11.3%
2UNICREDIT SPA10.7%
3ENEL SPA9.7%
4FERRARI NV MILAN7.1%
5GENERALI MILAN6.8%
6PRYSMIAN SPA6.1%
7STMICROELECTRONICS/MILAN4.6%
8BANCA MONTE DEI PASCHI SIENA REGR4.2%
9BPER BANCA SPA3.8%
10LEONARDO SPA3.7%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
EOFMIEUR★ Primary
EUR listings
B2FMIEUR
B3FMIMEUR
B3FMIPEUR
Borsa ItalianaFMIEUR
E1FMIEUR
EBFMIPEUR
EBFMIMEUR
EPFMIEUR
EUFMIEUR
Euronext ParisFMIEUR
EZFMIEUR
FrankfurtX13HEUR
GDX13HEUR
GSX13HEUR
GZX13HEUR
I2FMIMEUR
I2FMIPEUR
IXFMIPEUR
IXFMIMEUR
L1FMIMEUR
L1FMIPEUR
L3FMIMEUR
L3FMIPEUR
LAX13HEUR
LUX13HEUR
POFMIMEUR
POFMIPEUR
QTX13HEUR
S1FMIMEUR
S1FMIPEUR
S4FMIPEUR
S4FMIMEUR
T2FMIEUR
THX13HEUR
WTFMIEUR
X1FMIEUR
X2FMIEUR
XAFMIEUR
XEFMIEUR
XETRAFMIEUR
XFFMIEUR
XGFMIEUR
XHFMIEUR
XJFMIEUR
XLFMIEUR
XOFMIEUR
XUFMIEUR
XXFMIEUR
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-08-26 · the fund's own published holdings.

#CompanyWeight
1INTESA SANPAOLO11.3%
2UNICREDIT SPA10.7%
3ENEL SPA9.7%
4FERRARI NV MILAN7.1%
5GENERALI MILAN6.8%
6PRYSMIAN SPA6.1%
7STMICROELECTRONICS/MILAN4.6%
8BANCA MONTE DEI PASCHI SIENA REGR4.2%
9BPER BANCA SPA3.8%
10LEONARDO SPA3.7%
11BANCO BPM SPA2.9%
12FINECOBANK SPA2.5%
13TERNA-RETE ELETTRICA NAZIONA2.4%
14TELECOM ITALIA SPA2.2%
15POSTE ITALIANE SPA2.1%
16UNIPOL ASSICURAZIONI SPA1.9%
17MONCLER SPA1.8%
18STELLANTIS MILAN1.6%
19TENARIS SA1.3%
20RECORDATI INDUSTRIA CHIMICA1.0%
21LOTTOMATICA GROUP SPA1.0%
22ITALGAS SPA1.0%
23SAIPEM SPA1.0%
24BANCA MEDIOLANUM SPA0.9%
25TECHNOPROBE SPA0.9%
26AZIMUT HOLDING SPA0.7%
27DAVIDE CAMPARI-MILANO NV0.6%
28A2A SPA0.6%
29BANCA GENERALI SPA0.6%
30MEDIOBANCA SPA0.6%
31HERA SPA0.5%
32NEXI SPA0.5%
33INTERPUMP GROUP0.5%
34BRUNELLO CUCINELLI SPA0.5%
35BUZZI SPA0.5%
36IVECO GROUP NV0.4%
37INFRASTRUTTURE WIRELESS ITALIANE0.3%
38FINCANTIERI SPA0.3%
39FTSE/MIB IDX 09/26 IM0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 66% of similar ETFs💰 All-in cost cheaper than 73%📈 Higher 1-yr return than 87%📈 Higher 3-yr return than 95%📈 Higher 5-yr return than 95%📊 Beat its category by 9.7% (1-yr) (category average +17.7%)📊 Beat its category by 15.5% (3-yr) (category average +12.4%)📊 Beat its category by 12.4% (5-yr) (category average +7.3%)

Versus the Equity (stocks) · Europe · EUR ETFs we track.

Advanced risk

2.46
Sortino (3y) ?
1.59
Calmar (3y) ?
11.0%
Downside deviation ?
83%
Up months (hit rate) ?
€132.80
52-week high ?
€99.49
52-week low ?

Concentration depth

~17 ?
Effective number of holdings

Roughly 39 companies are held, but the largest names carry most of the weight — so it behaves like ~17 equal-sized positions.

Tilt vs a world tracker

Italy+99.2
United States-72.1
Financials+33.7
Technology-23.6
Utilities+11.8
Health Care-8.3

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Estimated fund flows

+€3.5M
Estimated net flow, last month

Estimated from fund-size changes.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Europe stocks
Compare side by side
6 similar funds
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Why it's similarThis is the fund on this page.
StocksAccumulatingCheaper fee
Tracks a different index in the same category.
StocksAccumulatingCheaper fee
Tracks a different index in the same category.
StocksCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
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Index trackedMIB ESG NRS&P 500 Daily Hedged Euro Net Total Return IndexS&P 500 Daily Hedged Euro Index Net TRS&P 500 Daily Hedged Euro Index Net TRSTOXX Europe 600 (Net Return) EURSTOXX Europe 600 (Net Return) EURSTOXX Europe 600 (Net Return) EUR
Yearly fee (TER)0.18%0.05%0.07%0.07%0.07%0.09%0.15%
All-in cost0.18%0.45%0.00%0.07%0.07%0.09%0.15%
Fund size€192.1M€50.6B€28.8B€28.4B€21.7B€21.7B€21.4B
DomicileLUIrelandLULULULULU
ReplicationPhysical (full)Synthetic (swap)Synthetic (swap)Synthetic (swap)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+27.9%+18.1%+18.4%
5-yr return p.a.+19.7%+9.8%+9.0%
# holdings392821010613613613

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Data as of 2026-08-26 · Source: issuer data, compiled by Finance Hamster

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