This study investigates the relationship between ethnic identity and self-feelings among minority and majority youth living in the Netherlands. Contrary to existing studies, not only global self-esteem is assessed but also self-concept stability, and in addition, not only ethnic group membership was studied but also different aspects of ethnic identity: ethnic group identification and ingroup evaluation. There were no significant differences between minority and majority youth for global self-esteem and for self-concept stability. In addition, among the various ethnic groups there was only a small group who reported fluctuating self-feelings. However, as predicted, minority youth identified more strongly with their ethnic group and evaluated their group more positively than Dutch contemporaries. It is concluded that research should pay attention to the different aspects involved in order to understand more fully the possible consequences of ethnic minority identity for psychological well-being.