The WIG20 is a capitalization-weighted stock market index of the twenty largest companies on the Warsaw Stock Exchange. Established on April 16, 1994. WIG is an acronym for "Warszawski Indeks Giełdowy", which translates to Warsaw Stock Index in Polish. However, so that no sector would dominate the index, the rule was introduced that there can be a maximum of 5 companies per sector. In this way, for example, there are 5 banks in the index. Companies also have different shares in the index, with clear consequences.
The all-time high of the index is 3,940.53 points, set during the intraday on 29 October 2007.
In 2013, a new stock market index WIG30 was created. It lists the 30 major Polish blue chip companies on the WSE Main Market.
Annual Returns The following table shows the annual development of the WIG20 since 1991. YearClosing levelChange in indexin pointsChange in indexin % 1991 90.90 1992 102.90 12.00 13.20 1993 1,229.80 1,126.90 1,095.14 1994 732.00 −497.80 −40.48 1995 791.90 59.90 8.18 1996 1,441.80 649.90 82.07 1997 1,487.20 45.40 3.15 1998 1,241.20 −246.00−16.54 1999 1,788.60 547.40 44.10 2000 1,816.19 27.59 1.54 2001 1,208.34 −607.75 −33.47 2002 1,175.64 −32.70 −2.71 2003 1,574.04 398.40 33.89 2004 1,960.57 386.53 24.56 2005 2,654.95 694.38 35.42 2006 3,285.49 630.54 23.75 2007 3,456.05 170.56 5.19 2008 1,789.73 −1,666.32 −48.21 2009 2,388.72 598.99 33.47 2010 2,744.17 355.45 14.88 2011 2,144.48 −599.69 −21.85 2012 2,582.98 438.50 20.4520132,400.98−182.00−7.0520142,315.94−85.04−3.5420151,859.15−456.79−19.7220161,947.9288.774.7720172,461.21513.2926.3520182,276.63−184.58−7.5020192,150.09 −126.54−5.5620201,983.98−166.11−7.7320212,266.92282.9414.2620221,792.01−474.91−20.9520232,342.99550.9830.7520242,192.01−150.98−6.4420253,184.02992.0145.26
Composition
2026
PKO BP PKN Orlen Pekao KGHM PZU LPP Erste Bank Polska (formerly Santander Bank Polska, rebranded in April 2026) Allegro CD Projekt Dino mBank Żabka Alior Bank
Tauron PGE
Pepco (formerly CCC)
Investing in WIG20
Index ETFs Exchange-traded funds that track the index include:
Expat Poland WIG20 UCITS ETF - a passive index fund traded in euro and listed in Frankfurt on Xetra (ticker PLX, ISIN BGPLWIG04173). The fund acts as a conduit for capital flows between the international financial markets and the Polish capital market.
Beta ETF WIG20TR - a passive index fund traded in Polish złoty and listed on the Warsaw Stock Exchange (ticker ETFBW20TR, ISIN PLBTETF00015). PZU ETF WIG20 TR + mWIG40 TR - a passive index fund managed by TFI PZU, traded in Polish złoty and listed on the Warsaw Stock Exchange (ticker ETFPZUW20M40, ISIN PLPZUTR00013).
References
External links Bloomberg page for WIG20:IND WIG20 on the Warsaw Stock Exchange PLX ETFBW20TR