New equity ETFs from Xtrackers on Xetra: access to companies from Europe, Japan, and the USA
New equity ETFs from Xtrackers on Xetra: access to companies from Europe, Japan, and the USA
Since Thursday, four new exchange-traded funds issued by Xtrackers are tradable on Xetra and via the trading venue Börse Frankfurt.
The four new Xtrackers ETFs offer investors access to a broadly diversified portfolio of companies based in Europe, Japan, and the USA.
The Xtrackers STOXX Europe 600 UCITS ETF invests in the 600 largest companies from 17 developed European countries, weighted by market capitalisation. In addition to eurozone countries such as France, Germany, Spain, the Netherlands, and Italy, these also include Great Britain, Switzerland, and Scandinavian countries.
The Xtrackers MSCI Japan UCITS ETF focuses on Japanese companies from different sectors, which together cover 85 per cent of the market capitalisation there.
With the Xtrackers S&P 500 Equal Weight UCITS ETF, investors can invest in the 500 largest US companies, each of which is equally weighted at 0.2 per cent. With about 130 more US companies, the X trackers MSCI USA Swap UCITS ETF also offers access to the US market. The weighting is based on market capitalisation and performance is tracked using a swap approach.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers STOXX Europe 600 UCITS ETF | Equity ETF | LU2581375156 | 0.18 per cent | distributing | STOXX Europe 600 Index |
Xtrackers MSCI Japan UCITS ETF | Equity ETF | LU2581375230 | 0.12 per cent | distributing | MSCI Japan Index |
Xtrackers S&P 500 Equal Weight UCITS ETF | Equity ETF | IE000CXLGK86 | 0.20 per cent | distributing | S&P 500 Equal Weight Index |
Xtrackers MSCI USA Swap UCITS ETF | Equity ETF | LU2581375073 | 0.07 per cent | distributing | MSCI USA Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,045 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.