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ETF sheet · Issuer-declared data

Xtrackers Msci Usa Swap Ii UCITS ETF 1cIndex, costs, backtest, listings and taxation

ISIN: IE000PDUVTF3Issuer: Xtrackers
Issuer-declared data
Declared index
MSCI Total Return Net USA Index (USD)
TER
0.04%
Transaction costs
0.00% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
Synthetic (swap) (from the KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics — inferred (issuer documents do not declare art. 8/9) what does it mean?
Fund assets
259.8 mln EUR
Domicile
Ireland
Inception date
18 March 2026
Data as declared by Xtrackers in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Xtrackers Msci Usa Swap Ii UCITS ETF 1c tracks the issuer-declared index: MSCI Total Return Net USA Index (USD). The declared annual cost (TER) is 0.04%, plus 0.00% in transaction costs estimated by the issuer in the KID. Income is accumulated and reinvested in the fund. The fund has assets of about 260 million euro, was launched on 18 March 2026 and is domiciled in Ireland. In our registry 3 other ETFs declare the same index.

The fund’s objective — in the issuer’s words

The fund is passively managed.

INVESTMENT OBJECTIVE:The aim is for your investment to track the performance, before fees and expenses, of the MSCI USA Index (index) which is designed to reflect the performance of shares of certain large and medium capitalisation companies in the USA.

DESCRIPTION OF INDEX:The companies making up the index are large and medium sized companies based on the combined value of a company’s readily available shares as compared to other companies.

Keep reading the KID section ▾

A company’s weighting in the index depends on its relative size.

INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The index is administered by MSCI Limited. The index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax. The index is reviewed and rebalanced on a quarterly basis, and may also be rebalanced at other times in order to reflect corporate activity such as mergers and acquisitions.

INVESTMENT POLICY:To achieve the aim, the fund will invest in transferable securities and enter into financial contracts (derivatives) with one or more counterparties relating to the transferable securities and the net or gross total return version of the index (swap index), in order to obtain the return on the swap index. The gross total return version of the index calculates the performance of the stocks assuming that all dividends and distributions are reinvested on a gross basis. The swap index shall be selected in the absolute discretion of the Investment Manager. FURTHER INFORMATION: Certain information (including the latest share prices of the fund, indicative net asset values, full disclosure on the composition of the fund's portfolio and information on the index constituents) are available on your local DWS website or at www.Xtrackers.com. Transaction costs and taxes, unexpected fund costs and market conditions such as volatility or liquidity issues may affect the ability of the fund to track the index. The anticipated level of tracking error in normal market conditions is 1 per cent. The currency of the fund is USD. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.04%: below the median of equity ETFs we track (0.22%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Mar 2026 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+16.6%
Annualised
+38.0%
Volatility (ann.)
13.7%
Max drawdown
-4.56%
-7%+0%+7%+15%+22%Mar 2026May 2026Jun 2026Jul 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+17%Mar 2026Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%2026−4.56% · 10 Jun 2026
Max drawdown
-4.56%
peak → trough
Trough
10 Jun 2026
from the 02 Jun 2026 peak
Recovery time
54 days
recovery only: trough to break-even
Underwater
62 days
decline + recovery: peak to break-even · ≈ 2 months · → recovered on 03 Aug 2026

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
02 Jun 202610 Jun 2026-4.56%03 Aug 202662
18 Mar 202630 Mar 2026-4.22%08 Apr 202621
13 Aug 202601 Sept 2026-2.20%ongoing26
14 May 202619 May 2026-1.96%26 May 202612
17 Apr 202621 Apr 2026-0.82%22 Apr 20265
Source: Xtrackers. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Risk indicators· EUR

Full history
Volatility (ann.)13.19%
Max drawdown-4.09%
Sharpe2.14
Sortino3.36
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.27%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
52
Top-10 weight
52.9%

Top 10 holdings

NASDAQ INC
9.89%
FRANKLIN TEMPLETON
7.93%
NETFLIX
6.54%
HAMILTON LANE CLASS A
4.63%
ATI
4.56%
JAZZ PHARMACEUTICALS PLC
4.25%
TERAWULF
4.05%
PLANET LABS CLASS A
4.00%
WALMART INC
3.63%
BROADCOM INC
3.38%
⬇ Download the full portfolio — Excel, 52 rows
Full portfolio declared by Xtrackers, as of 2 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding. Synthetic replication: the list shows the substitute basket (securities held as swap collateral), which can differ substantially from the replicated index. The fund’s economic exposure is that of its declared index.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

ETFs declaring the same index

FundTERIncomeFund size
Xtrackers · 3 classes
0.03%Acc. · Dist.12.8 mld EUR
Xtrackers · 2 classes
0.15%Acc. · Dist.7.8 mld EUR
Xtrackersnot on Borsa Italiana
0.04%Dist.260 mln EUR
4 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)XIUS20 May 2026
Börse DüsseldorfXIUS22 Apr 2026
Börse FrankfurtXIUS22 Apr 2026
Börse HamburgXIUS19 Jun 2026
Börse HannoverXIUS27 Apr 2026
Börse München / gettexXIUS22 Apr 2026
Börse StuttgartXIUS28 Apr 2026
Tradegate ExchangeXIUS4 May 2026
Xetra (Deutsche Börse)XIUS22 Apr 2026
+ 8 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Xtrackers Msci Usa Swap Ii UCITS ETF 1c track?
The issuer Xtrackers declares the benchmark: MSCI Total Return Net USA Index (USD).
How much does Xtrackers Msci Usa Swap Ii UCITS ETF 1c cost?
The issuer-declared TER is 0.04% per year; the transaction costs estimated in the KID are 0.00%.
What is the fund size of Xtrackers Msci Usa Swap Ii UCITS ETF 1c?
The fund size declared by Xtrackers is about 260 million euro.
When was Xtrackers Msci Usa Swap Ii UCITS ETF 1c launched?
The fund was launched on 18 March 2026: it has been trading for 176 days: the page fills up as the issuer publishes data.
How does Xtrackers Msci Usa Swap Ii UCITS ETF 1c replicate its index?
It is a passively managed ETF: it follows the declared index. Synthetic (swap) (declared in the KID objectives).
Does Xtrackers Msci Usa Swap Ii UCITS ETF 1c pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating”).
Where does Xtrackers Msci Usa Swap Ii UCITS ETF 1c trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (XIUS), Börse Düsseldorf (XIUS), Börse Frankfurt (XIUS), Börse Hamburg (XIUS), Börse Hannover (XIUS), Börse München / gettex (XIUS).
What was Xtrackers Msci Usa Swap Ii UCITS ETF 1c's worst fall?
Over the available history (since 2026), the maximum drawdown was -4.56%, reached in June 2026. Past performance is not indicative of future results.
How many securities does Xtrackers Msci Usa Swap Ii UCITS ETF 1c hold?
The declared portfolio holds 52 securities; the top 10 positions weigh 52.9%.
Transparency note
The data in this sheet is declared by Xtrackers in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.