ETF sheet · Issuer-declared data

Xtrackers S P 500 UCITS ETF 4cIndex, costs, backtest, listings and taxation

ISIN: IE000Z9SJA06Ticker: XDPUIssuer: Xtrackers

North America Equity tracking the S&P 500 INDEX (USD), physical replication, accumulating. Share class in US dollars (USD).

0.03% + 0.10%

TER + KID transaction costs ✓ declared by the issuer

510

rows published by the issuer · holdings ↓ ✓ declared by the issuer

3.7 bn €

fund assets ✓ declared by the issuer

+0.20 pt /year

average tracking difference 2023–2025 · year by year ↓ ≈ computed by Rebalix

Every figure carries its provenance: ✓ declared by the issuer in its documents · ≈ computed by Rebalix on the declared data.

Fund

Name

Xtrackers S P 500 UCITS ETF 4c

Declared index

S&P 500 INDEX (USD)

Management

Passive (index-tracking) (from the KID)

Replication

Physical

SFDR

not declared in the sources we read ≈ Rebalix reading: Article 6 (issuer documents do not declare art. 8/9) what does it mean?

Fund assets

3.7 bn EUR

Domicile

Ireland

Share class · this page

ISIN

IE000Z9SJA06

Ticker

XDPU

Share-class currency

US dollars (USD)

TER

0.03% (period and nature not declared by the source)

Transaction costs

0.10% (issuer estimate, from the KID)

Income policy

Accumulating

Share-class launch

27 February 2015

Data as declared by Xtrackers in the issuer’s official files and endpoints · collected on 17 October 2026 (monthly refresh). Facts only, no recommendation.

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OverviewIn this sectionQuick reads Fund objective What changed over time

Quick reads

TER 0.03%below the median of equity ETFs we track (0.23%).≈ computed by Rebalix
Assetslarger than 89% of equity ETFs we track.≈ computed by Rebalix
Average tracking difference over the last 3 years+0.20% p.a., against a declared TER of 0.03%.≈ computed by Rebalix
Information Technology 39.8%first sector from the declared portfolio✓ declared by the issuer
510 rowspublished by the issuer; completeness of the list not declared✓ declared by the issuer
Top 10 = 38.8%of the fund✓ declared by the issuer

✓ declared by the issuer · ≈ computed by Rebalix on the declared data in our census. They describe the past and are not indicative of future results.

Description and fund objective

Xtrackers S P 500 UCITS ETF 4c tracks the issuer-declared index: S&P 500 INDEX (USD). The declared annual cost (TER) is 0.03%, plus 0.10% 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 3.7 billion euro, was launched on 27 February 2015 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 reflect the performance of the S&P 500 Index (index) which is designed to reflect the performance of shares of 500 companies representing all major US industries.
Keep reading the KID section ▾
DESCRIPTION OF INDEX:The index is calculated in U.S. Dollars. The index contains shares of large companies traded on certain eligible US exchanges.
A company’s weighting in the index depends on its relative size based on the combined value of a company’s readily available shares as compared to other companies on the stock markets.
INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The index is calculated on a total return net basis. This means that any dividends and distributions made by the companies in the index are reinvested in the shares after tax.
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). The fund may also engage in secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the fund. 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 · KID acquired on 4 August 2026 · original document ↓

Text generated from the data the issuer declares in official product lists. No recommendation.

What has changed in the fund over time

Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.

Share-class launch
27 February 2015
declared by the issuer
Basket snapshots
3 monthly
since August 2026
Dated events
none so far
TER, index, name, tax: every change is an event

Open the history →

Italian taxation

Ordinary rate on income and gains: 26%
Share of tax-favoured government bonds: not available in the issuer sources consulted by Rebalix
Effective rate for this fund: cannot be determined by Rebalix with the available data

For individuals resident in Italy, outside business activity. Any tax-favoured component may reduce the effective levy. The intermediary may hold tax information not published on the issuer’s website; the absence of the figure on Rebalix does not imply a zero favoured share.

Deep-dive into this fund’s taxation →

PerformanceIn this sectionChart Backtest Tracking difference

Fund performance

issuer-declared net asset value (NAV) · USD (loading exchange rates) · from Jun 2022 to Oct 2026

Adjusted for inflationCompare with the index

Compare with another ETF

Only funds we hold a history for. Three at a time, at most.

Return

+95.7%

Annualised

+16.7%

Volatility (ann.)

16.1%

Max drawdown

-18.77%

08 Jun 2022 → 16 Oct 20264 years and 4 months · +95.7%

Accumulating class: income is reinvested inside the fund and already reflected in the NAV; no distribution is left out of the chart.

Calculations on the NAV: issuer total-return series not available.

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.

Max drawdown

-18.77%

peak → trough

Trough

08 Apr 2025

from the 19 Feb 2025 peak

Recovery time

79 days

recovery only: trough to break-even · ≈ 3 months

Underwater

127 days

decline + recovery: peak to break-even · ≈ 4 months · → recovered on 26 Jun 2025

The five worst falls in the period

From the peak of	Trough	Depth	Back to break-even	Days underwater
19 Feb 2025	08 Apr 2025	-18.77%	26 Jun 2025	127
16 Aug 2022	12 Oct 2022	-16.70%	02 Jun 2023	290
08 Jun 2022	16 Jun 2022	-10.86%	29 Jul 2022	51
31 Jul 2023	27 Oct 2023	-9.99%	30 Nov 2023	122
27 Jan 2026	30 Mar 2026	-8.93%	14 Apr 2026	77

Calendar-year returns

2022

-6.0%

partial, from 8 Jun

2023

25.9%

2024

24.7%

2025

17.6%

2026

12.7%

2022, partial: the available series starts on 8 June 2022 (share class launched on 27 February 2015); the return runs from that date to 30 December 2022 and is not comparable with a full year.

Month-by-month returns

2026Year 12.7%

Jan

1.4

Feb

-0.8

Mar

-5.0

Apr

10.5

May

5.2

Jun

-1.0

Jul

-0.1

Aug

2.7

Sept

-0.4

Oct

0.1

Nov

Dec

2025Year 17.6%

Jan

2.8

Feb

-1.3

Mar

-5.7

Apr

-0.7

May

6.3

Jun

5.1

Jul

2.2

Aug

2.0

Sept

3.6

Oct

2.3

Nov

0.2

Dec

0.0

2024Year 24.7%

Jan

1.7

Feb

5.3

Mar

3.2

Apr

-4.1

May

4.9

Jun

3.6

Jul

1.2

Aug

2.4

Sept

2.1

Oct

-0.9

Nov

5.8

Dec

-2.4

2023Year 25.9%

Jan

6.3

Feb

-2.5

Mar

3.6

Apr

1.5

May

0.4

Jun

6.6

Jul

3.2

Aug

-1.6

Sept

-4.8

Oct

-2.1

Nov

9.1

Dec

4.5

2022Year -6.0%(partial)

Jan

Feb

Mar

Apr

May

Jun

Jul

9.2

Aug

-4.1

Sept

-9.2

Oct

8.1

Nov

5.5

Dec

-5.8

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	1.4	-0.8	-5.0	10.5	5.2	-1.0	-0.1	2.7	-0.4	0.1			12.7
2025	2.8	-1.3	-5.7	-0.7	6.3	5.1	2.2	2.0	3.6	2.3	0.2	0.0	17.6
2024	1.7	5.3	3.2	-4.1	4.9	3.6	1.2	2.4	2.1	-0.9	5.8	-2.4	24.7
2023	6.3	-2.5	3.6	1.5	0.4	6.6	3.2	-1.6	-4.8	-2.1	9.1	4.5	25.9
2022							9.2	-4.1	-9.2	8.1	5.5	-5.8	-6.0(partial)

From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested: where declared). Deeper colour = larger move.

Method and sources

Source: Xtrackers. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available August 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.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 3 of the last 3 calendar years: a past observation, not an indication of future outperformance.

Average annual TD, 2023–2025

+0.20 pt /year

Declared TER

0.03%

Year	Fund	Index	Difference (pt)
2025	+17.60%	+17.43%	+0.17 pt
2024	+24.69%	+24.50%	+0.19 pt
2023	+25.91%	+25.67%	+0.24 pt

Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

RiskIn this sectionRisk

Risk indicators· EUR

Last year

Volatility (ann.)12.55%

Max drawdown-7.48%

Sharpe1.36

Sortino2.02

Last 3 years

Volatility (ann.)15.77%

Max drawdown-22.60%

Sharpe0.98

Sortino1.41

Full history

Volatility (ann.)17.05%

Max drawdown-22.60%

Sharpe0.74

Sortino1.08

	Last year	Last 3 years	Full history
Volatility (ann.)	12.55%	15.77%	17.05%
Max drawdown	-7.48%	-22.60%	-22.60%
Sharpe	1.36	0.98	0.74
Sortino	2.02	1.41	1.08

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: 2.25%), 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.

PortfolioIn this sectionHoldings

Portfolio holdings

Rows in the published list

510

Top-10 weight

38.8%

Top 10 holdings

NVIDIA CORP

8.44%

APPLE INC

7.28%

MICROSOFT CORP

5.75%

AMAZON.COM INC

3.68%

ALPHABET INC CL A

3.00%

BROADCOM INC

2.47%

META PLATFORMS INC CLASS A

2.42%

ALPHABET INC CL C

2.40%

MICRON TECHNOLOGY INC

1.87%

ADVANCED MICRO DEVICES

1.52%

Sectors

Information Technology

39.8%

Financials

11.4%

Communication Services

9.8%

Health Care

9.1%

Consumer Discretionary

8.6%

Industrials

8.1%

Consumer Staples

4.3%

Countries

up to 1%1–5%5–15%15–30%over 30%

Hover a country for its percentage.

Countries

United States98.2%

Ireland1%

Switzerland0.3%

Bermuda0.1%

Netherlands0.1%

United Kingdom0.1%

Breakdown computed by Rebalix by aggregating the full-precision per-position weights declared by the issuer. Cash and derivatives are not artificially attributed to a country. Values are not rescaled.

⬇ Download the published holdings — Excel, 510 rows

Holdings as published by Xtrackers, holdings as at 2 October 2026: 510 rows archived by Rebalix, summarised here. Rebalix has no statement from the issuer on the completeness of this list. How Rebalix verifies portfolio holdings →

StructureIn this sectionIndex Same index Exchanges

Index tracked

S&P 500 INDEX (USD)

This fund belongs to the S&P 500 family: compare all census ETFs in this family →

ETFs declaring the same index

Fund	TER	Income	Fund size
Xtrackers S P 500 Swap Ii UCITS ETF 1c compare ⇄ Xtrackers · 2 classes	0.04%	Dist. · Acc.	5.2 mld EUR
Xtrackers S P 500 UCITS ETF 1c Eur Hedged compare ⇄ Xtrackers · 2 classes	0.05%	Acc.	3.7 mld EUR
Xtrackers S P 500 Swap UCITS ETF 1d compare ⇄ Xtrackers · 3 classes	0.07%	Dist. · Acc.	8.6 mld 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 as follows: Milan-listed classes first, then the others; within each group by ascending TER, then by descending assets. A dash “—” = not declared by the issuer in the files we read — not a zero.

Where it shows up commission-free in Italy

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:

IE000Z9SJA06

Directazero within the savings plan (buys)
Moneyfarmzero within the savings plan (buys), agreement until 22 May 2027
XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans

Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 15 October 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.

Stock exchange listings

Exchanges with a ticker available· in alphabetical order

Exchange	Ticker	Exchange source	Registered since
Borsa Italiana (ETFplus)	XDPUfrom mapping	ESMA register (FIRDS)	12 Jul 2022
Börse Düsseldorf	XDPUfrom mapping	ESMA register (FIRDS)	16 Jun 2022
Börse Frankfurt	XDPUfrom mapping	ESMA register (FIRDS)	14 Jun 2022
Börse Hamburg	XDPUfrom mapping	ESMA register (FIRDS)	24 Jun 2022
Börse Hannover	XDPUfrom mapping	ESMA register (FIRDS)	9 Dec 2024
Börse München / gettex	XDPUfrom mapping	ESMA register (FIRDS)	14 Jun 2022
Börse Stuttgart	XDPUfrom mapping	ESMA register (FIRDS)	28 Jul 2022
Tradegate Exchange	XDPUfrom mapping	ESMA register (FIRDS)	14 Nov 2022
Xetra (Deutsche Börse)	XDPUfrom mapping	ESMA register (FIRDS)	14 Jun 2022

from mapping — ticker obtained by ISIN→exchange mapping under the open FIGI standard, not read from the exchange’s list.

Each row is one exchange: the operator with all its markets and segments (regulated market and Freiverkehr included). “Registered since”: admission date in the ESMA register (FIRDS), not necessarily the first trading day; a dash = date not recorded in the sources.

Other exchanges on record · 1 · show

Exchange	Ticker	Exchange source	Registered since
Nasdaq Stockholm	not available	ESMA register (FIRDS)	20 Aug 2025

For these exchanges none of the listing sources Rebalix covers provides a ticker; the listing is known from the ESMA register (FIRDS) or declared by the issuer.

+ 7 other trading platforms (platforms for professional participants and segments without admission to listing, such as an exchange operator’s dark books or auctions): they are not exchanges and are not listed.

Exchanges are taken from the official ESMA register (FIRDS) and, where FIRDS does not cover the exchange (London, Zurich) or does not record the current listing, from the issuers’ product lists and documents: the “Exchange source” column says so row by row. Each exchange is a single row, with all its markets and segments. Tickers come from the issuers’ product lists and tax documents or, where indicated, from ISIN→exchange mapping under the open FIGI standard (OpenFIGI). Activity on a dark book, an auction or an ancillary platform does not prove a listing on the exchange that operates it. Rebalix mainly covers venues in the European Economic Area, Switzerland and the United Kingdom: when the issuer declares current listings in other jurisdictions too, they appear with their source, outside the ESMA register perimeter. Terminated or cancelled listings are not shown. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker.

DocumentsIn this sectionDocuments FAQ

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed version ProspectusPDF in English, from the issuer’s site — the fund’s full legal document FactsheetPDF 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.

Frequently asked questions

Which index does Xtrackers S P 500 UCITS ETF 4c track?

The issuer Xtrackers declares the benchmark: S&P 500 INDEX (USD).

How much does XDPU cost?

The issuer-declared TER is 0.03% per year (period and nature not declared by the source); the transaction costs estimated in the KID are 0.10%.

What is the fund size of XDPU?

The fund size declared by Xtrackers is about 3.7 billion euro.

When was XDPU launched?

The fund was launched on 27 February 2015: it has 11 years of history.

How does XDPU replicate its index?

It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Fisica (dal KID)”).

Does XDPU pay dividends?

No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating”).

Where does XDPU trade?

Per the official ESMA register (FIRDS) and the issuer’s documents it is listed on 9 exchanges with a ticker available, including Borsa Italiana (ETFplus) (XDPU), Börse Düsseldorf (XDPU), Börse Frankfurt (XDPU), Börse Hamburg (XDPU), Börse Hannover (XDPU), Börse München / gettex (XDPU).

What was XDPU's worst fall?

Over the available history (since 2022), the maximum drawdown was -18.77%, reached in April 2025. Past performance is not indicative of future results.

What is XDPU's tracking difference?

Over the three most recent complete calendar years (2023–2025) the fund returned on average +0.20 percentage points per year versus its index: the annual mean of the differences, from issuer-declared series.

How many positions does XDPU publish?

The list published by the issuer and archived by Rebalix has 510 rows; the top 10 weigh 38.8%. The issuer does not declare the list as complete: rows are reported as published, weights included, even where a position has zero weight.

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.

Do you represent the issuer? Report a correction or an update