Market trends

European equities have attracted growing inflows in recent quarters, as investors gravitate toward a region offering low valuations and strengthening economic momentum. In this interview with Asset TV, Jason Chen, Senior Portfolio Strategist at DWS Investment Management Americas, examines the key drivers behind that shift and the opportunities emerging across regional stocks.

ETFs tracking a STOXX or DAX European equity index received a net EUR 9.7 billion over the first quarter, or 36% of inflows in the segment. ETFs mirroring an equity index worldwide registered EUR 66.2 billion in net inflows last month even as markets tumbled, taking YTD inflows to EUR 318.2 billion.

The STOXX Europe 600 Energy index rose 37.2% in the first quarter, outperforming its benchmark by 38.1 percentage points, following a jump in crude oil prices. Several European nations have proposed a temporary tax on the industry’s windfall profits, while the European Union is set to unveil a new bill favoring electricity taxation across the bloc.

Experts from STOXX took part in four panels at the annual gathering organized by Eurex, shedding light on structural shifts in volatility markets, options-based strategies and thematic index innovation.

Products such as the Leverage Shares 3x Tesla ETP Securities and Leverage Shares 3x NVIDIA ETP Securities, which track STOXX indices, continue to see high demand as tactical tools for traders and investment firms seeking exposure to rising equity markets.

Thematic strategies aim to offer differentiated and often superior returns to those of traditional broad-market benchmarks. As STOXX celebrates the 15th anniversary of its Thematic indices suite, we take a look at how the indices have performed in recent years.

Assets under management in STOXX-linked ETFs grew 51% in 2025 to EUR 189 billion, following EUR 35.1 billion in net investments. The growth was largely driven by renewed interest in European equities, a segment where STOXX and DAX ETFs captured 44.6% of net new flows.

The EURO STOXX® Banks and STOXX® Europe 600 Banks indices climbed 80.3% and 67% respectively in 2025, the best performance among 20 ICB Supersectors and best year since 1987. In spite of strong gains in recent years, the banking sector remains significantly below the levels reached just before the global financial crisis.

Prices for the metal have climbed 24% this year amid ongoing structural demand and mining disruptions. The STOXX® Global Copper Miners index has performed more than twice as well — jumping 55% in 2025. We look at what’s inside the index.

Germany’s DAX is outperforming pan-European indices and its ETFs are luring record flows in 2025. Veronika Kylburg, Head of Global Benchmarks DAX at STOXX, discusses with the ETF publication what some of the drivers are behind this performance and explores the benchmark’s methodology changes since 2018.

The STOXX Global Junior Gold Miners and STOXX Global Silver Mining indices have each risen 126% in 2025 amid record prices for the underlying precious metals.

In a recent webinar, Lukas Ahnert, Senior Product Specialist at Xtrackers by DWS, and Arun Singhal, Head of Product Management and Client Success at STOXX, discussed the drivers behind Europe’s stock rally and the latest investment strategies designed in collaboration by both firms.