The product has outperformed the most popular Vanguard FTSE Europe ETF ( VGK ), iShares MSCI EMU Index Fund ( EZU ) by wide margins. Click to get this free report >> ISHARS-GERMANY (EWG): ETF Research Reports ISHARS-EMU IDX (EZU): ETF Research Reports VANGD-FTSE EUR (VGK): ETF Research Reports To read this article on Zacks.com click here. Germany has a stable labor market, high level of employment with wage increases, moderate inflation and a low government deficit, suggesting that the country is still on a relatively solid footing compared to the other Euro zone members.