IE000Y6L6LE6Issuer: XtrackersOne email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
Xtrackers Emu Net Zero Pathway Paris Aligned UCITS ETF 1c tracks the issuer-declared index: Solactive ISS ESG Developed Markets Eurozone Net Zero Pathway Index (EUR). The declared annual cost (TER) is 0.15%, plus 0.06% in transaction costs estimated by the issuer in the KID. Replication is physical replication (the KID declares buying all or a substantial number of the index constituents); income is accumulated and reinvested in the fund. The fund has assets of about 9 million euro, was launched on 17 February 2022 and is domiciled in Ireland.
The fund is passively managed.
INVESTMENT OBJECTIVE:The fund aims to reflect the performance of the Solactive ISS ESG Developed Markets Eurozone Net Zero Pathway Index (index).
DESCRIPTION OF INDEX:The Reference Index is designed to reflect the performance of large and medium capitalisation companies across developed market countries in the European Economic and Monetary Union which are selected and weighted with the aim of seeking alignment with EU Paris-aligned Benchmark (EU PAB) standards and certain net zero frameworks.
Keep reading the KID section ▾
The index uses ESG data from Institutional Shareholder Services Inc. (ISS), which provides expertise across a variety of sustainable and responsible investment issues. The index first removes companies from the Solactive GBS Developed Markets Eurozone Large & Mid Cap Index (parent index) which do not meet certain ESG criteria, including those involved in industries with a high potential for negative ESG impacts, companies which have been involved in severe ESG related controversies, companies below a certain ESG rating or without an ESG rating, those that have a significant negative impact on certain United Nations Sustainable Development Goals (SDGs), and finally those without sufficient sustainability data available. Stocks passing these exclusions are then scored and weighted based on three pillars (Tilted Weights) (i) Science-based targets relating to reducing carbon emissions (ii) Climate disclosure standards, and (iii) Green revenue relating to SDG 13. Tilted Weights are then further adjusted to ensure alignment with EU PAB requirements, with weights subject to capping and individual and sector weight deviation limits compared to the parent index also applied. The index is administered by Solactive AG.
INDEX REBALANCING, CALCULATION AND ADMINISTRATION: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 at least a semi-annual basis. The index is calculated in Euros on a daily basis.
INVESTMENT POLICY:To achieve the aim, the fund will attempt to replicate the index, before fees and expenses, by buying all or a substantial number of the securities in the index. The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of financial contracts (derivatives). 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 EUR. 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 peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 17 Feb 2022 | 29 Sept 2022 | -20.40% | 01 Feb 2023 | 349 |
| 18 Feb 2025 | 09 Apr 2025 | -17.03% | 02 Oct 2025 | 226 |
| 28 Jul 2023 | 27 Oct 2023 | -12.51% | 14 Dec 2023 | 139 |
| 25 Feb 2026 | 20 Mar 2026 | -11.55% | 20 May 2026 | 84 |
| 06 Jun 2024 | 05 Aug 2024 | -9.68% | 22 Jan 2025 | 230 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.1 | 2.8 | -10.1 | 7.8 | 6.7 | 4.6 | -3.0 | 1.8 | -0.1 | 12.2 | |||
| 2025 | 7.1 | 2.2 | -6.0 | 0.5 | 4.4 | -1.0 | -0.4 | 0.6 | 2.2 | 2.1 | -0.7 | 1.8 | 12.9 |
| 2024 | 2.1 | 3.5 | 3.6 | -2.3 | 2.8 | -1.1 | -0.6 | 1.6 | 0.7 | -4.5 | -0.3 | 1.5 | 7.0 |
| 2023 | 10.8 | 1.2 | 1.2 | 0.7 | -1.2 | 3.9 | 2.0 | -3.8 | -4.0 | -4.0 | 8.7 | 3.8 | 19.7 |
| 2022 | -0.4 | -2.4 | 0.6 | -9.2 | 8.1 | -6.0 | -6.7 | 6.7 | 9.0 | -4.2 | -10.1 |
| Year | Fund | Index | Difference |
|---|---|---|---|
| 2025 | +12.94% | +12.71% | +0.24% |
| 2024 | +6.95% | +6.66% | +0.29% |
| 2023 | +19.72% | +19.32% | +0.40% |
| Last year | Last 3 years | Full history | |
|---|---|---|---|
| Volatility (ann.) | 15.18% | 14.52% | 16.51% |
| Max drawdown | -11.55% | -17.03% | -20.40% |
| Sharpe | 1.03 | 0.67 | 0.41 |
| Sortino | 1.59 | 0.97 | 0.60 |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE000Y6L6LE6Official lists verified on 10 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Trading since |
|---|---|---|
| Borsa Italiana (ETFplus) | XNZE | 15 Mar 2022 |
| Börse Düsseldorf | XNZE | 9 Mar 2022 |
| Börse Frankfurt | XNZE | 3 Mar 2022 |
| Börse Hamburg | XNZE | 2 May 2022 |
| Börse Hannover | XNZE | 9 Dec 2024 |
| Börse München / gettex | XNZE | 3 Mar 2022 |
| Börse Stuttgart | XNZE | 5 May 2022 |
| Tradegate Exchange | XNZE | 2 Jun 2022 |
| Xetra (Deutsche Börse) | XNZE | 3 Mar 2022 |