Expat Hungary BUX
UCITS ETF
A passive exchange-traded fund tracking the BUX Index on the Budapest Stock Exchange through direct physical replication. Access Hungary’s dynamic economy with strong European Union integration.
| Market | Ticker | Bloomberg Ticker | Reuters Ticker | ISIN |
| XETRA | HUBE | HUBE GY | HUB1.DE | BGHUBUX01189 |
| BSE | HUBE | HUBE BU | BGHUBUX01189 |
BUX Index
BUX is the main equity index of blue-chip shares listed on the Budapest Stock Exchange (PSE), tracking the performance of the 16 largest and most liquid Hungarian companies and providing broad exposure to Hungary’s key economic sectors.
The index is weighted by market capitalization and represents the core of the Hungarian equity market. It includes leading companies from financials, energy, health care, communication services, industrials and IT sectors.
With a market capitalization of approximately €55 billion and an average daily trading volume of around €45 million, BUX offers sufficient liquidity for both institutional and retail investors.
Key Stats
Sector Allocation
- Financials
- Energy
- Health Care
- Communication
- Industrials
- Other
Top Holdings
Loading…
Hungary Economic Outlook
Hungary provides investors with exposure to a Central European economy closely integrated with the EU single market and regional supply chains. Its economic structure is diversified across manufacturing, automotive, energy, and services, with strong trade links across Europe and a relatively tight labor market supporting domestic activity.
Following a recent slowdown, economic growth is expected to recover gradually, supported by improving domestic demand, stabilizing external conditions, and a pickup in investment activity. Inflation is easing from recent highs, improving purchasing power and creating a more predictable operating environment for businesses.
While fiscal deficits and public debt remain relatively elevated, Hungary retains an investment-grade BBB– rating. and offers investors access to cyclical recovery potential and long-term regional convergence within the EU.
GDP Growth 2025
+0.5%
Inflation 2025
4.4%
Unemployment
4.5%
Debt / GDP
74.6%
EU Integration Milestones
EU Member
Since May 2004 – Full access to EU single market
Schengen Area
Since December 2007 – Border-free travel zone
Credit Rating
BBB- (Investment Grade) – Strong fiscal position
Expat Hungary
BUX UCITS ETF
Expat Hungary BUX UCITS ETF offers investors efficient exposure to Hungary’s equity market by tracking the BUX Index of the Budapest Stock Exchange through direct physical replication. The fund provides diversified access to Hungary’s leading listed companies within a fully UCITS-regulated structure.
The ETF invests in the shares of companies included in the BUX Index – the main equity index of the Budapest Stock Exchange, consisting of 16 companies. The fund invests in all BUX constituents in proportions closely matching those of the index, within applicable legal and regulatory limitations.
Listed on the Frankfurt Stock Exchange (XETRA) and Bulgarian Stock Exchange, the ETF provides broad accessibility to investors across Europe.
The ETF is an open-ended, passively managed collective investment scheme. The fund does not distribute dividends – all profits are reinvested, increasing the net asset value for the benefit of investors.
Risk Information
The fund is exposed to market and currency risk – the possibility of losses due to adverse changes in the value of the reference index. Other key risk factors include:
- The NAV of the shares and their returns may fall, the returns are not guaranteed. Investors take the risk that they may get back less than they originally invested.
- Unusual circumstances such as trading obstruction on the stock exchange, surcharges, extremely volatile markets and others can lead to significant differences between the performance of the Fund and the performance of the Index.
- Liquidity risk – under certain conditions it may become difficult to sell portfolio holdings.
- Other risks: credit risk, interest risk, tax risk, regulatory risk, political risk, operational risk, price risk, currency risk, concentration risk, systemic risk, risk of the passive fund management, risk of corporate events, tracking error risk, events that affect the Reference Index, etc.
More information about risks can be found in the Prospectus. Past performance does not guarantee future results.
Returns
Historical Annual Returns
Past performance does not guarantee future results.
Return Summary
YTD
+15.52%
2025
+41.69%
5-Year CAGR (2021–2025)
+9.38%
Since Inception (Annualized)
+4.86%
Documents
Main Documents
Ready to Invest in Hungary? 🇭🇺
Access the Expat Hungary BUX UCITS ETF
through your preferred brokerage platform or contact us for detailed fund information.
Invest Now
Explore more CEE ETFs
This web page is part of www.expat.bg