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ETF sheet · Issuer-declared data

Xtrackers Msci Usa UCITS ETF 1dIndex, costs, backtest, listings and taxation

ISIN: IE00BK1PV445Issuer: Xtrackers
Issuer-declared data
Declared index
MSCI Total Return Net USA Index (USD)
TER
0.03%
Transaction costs
0.01% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
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
12.8 bn EUR
Domicile
Ireland
Inception date
18 February 2021
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 UCITS ETF 1d tracks the issuer-declared index: MSCI Total Return Net USA Index (USD). The declared annual cost (TER) is 0.03%, plus 0.01% 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 distributed to investors. The fund has assets of about 12.8 billion euro, was launched on 18 February 2021 and is domiciled in Ireland. In our registry it is the largest by assets among the 4 ETFs declaring 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, before fees and expenses, of the MSCI Total Return Net USA Index (index) which is designed to reflect the performance of the shares of certain companies of the United States of America.

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 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 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. The fund distributes up to four times per annum. 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 0.03%: below the median of equity ETFs we track (0.22%).
  • Assets larger than 97% of equity ETFs we track.
  • Average tracking difference over the last 3 years: +0.18% p.a., against a declared TER of 0.03%.
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 Feb 2021 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+103.3%
Annualised
+13.6%
Volatility (ann.)
16.8%
Max drawdown
-25.55%
-12%+19%+50%+82%+113%Feb 2021Jul 2022Dec 2023Apr 2025Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+103%Feb 2021Sept 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%-5%-10%-15%-20%-25%-30%202120222023202420252026−25.55% · 12 Oct 2022
Max drawdown
-25.55%
peak → trough
Trough
12 Oct 2022
from the 29 Dec 2021 peak
Recovery time
428 days
recovery only: trough to break-even · ≈ 1 year and 2 months
Underwater
715 days
decline + recovery: peak to break-even · ≈ 1 year and 11 months · → recovered on 14 Dec 2023

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
29 Dec 202112 Oct 2022-25.55%14 Dec 2023715
19 Feb 202508 Apr 2025-19.16%26 Jun 2025127
27 Jan 202630 Mar 2026-9.10%15 Apr 202678
16 Jul 202405 Aug 2024-8.57%19 Sept 202465
28 Mar 202419 Apr 2024-5.52%15 May 202448

Calendar-year returns

2021
21.0%
2022
-19.7%
2023
26.7%
2024
24.7%
2025
17.5%
2026
12.7%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20261.3-0.9-4.910.55.2-0.9-0.12.7-0.112.7
20253.0-1.6-5.9-0.56.45.12.31.93.62.40.0-0.017.5
20241.55.33.2-4.14.73.61.22.42.1-0.86.2-2.624.7
20236.6-2.43.51.30.66.63.4-1.7-4.7-2.39.44.726.7
2022-5.7-3.03.5-9.1-0.2-8.39.3-4.0-9.37.95.4-5.9-19.7
20213.75.40.52.82.32.9-4.77.0-1.03.921.0
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.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
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.

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 4 of the last 4 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
+0.18% /anno
Declared TER
0.03%
YearFundIndexDifference
2025+17.45%+17.31%+0.14%
2024+24.73%+24.58%+0.15%
2023+26.75%+26.49%+0.26%
2022-19.71%-19.85%+0.14%
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? →

Risk indicators· EUR

Last yearLast 3 yearsLast 5 yearsFull history
Volatility (ann.)12.72%15.96%18.13%17.74%
Max drawdown-7.90%-23.13%-23.13%-23.13%
Sharpe1.230.820.540.66
Sortino1.801.170.760.95
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: 2.21%), 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
519
Top-10 weight
36.9%

Top 10 holdings

NVIDIA
7.59%
APPLE
7.25%
MICROSOFT
5.37%
AMAZON COM INC
3.75%
ALPHABET CLASS A
2.98%
BROADCOM INC
2.54%
ALPHABET CLASS C
2.36%
META PLATFORMS CLASS A
1.93%
MICRON TECHNOLOGY
1.60%
TESLA INC
1.55%

Sectors

Information Technology
37.4%
Financials
12.0%
Communication Services
9.6%
Health Care
9.5%
Consumer Discretionary
9.1%
Industrials
8.5%
Consumer Staples
4.4%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazil: 0.1%BruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFranceGabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIreland: 0.6%IranIraqIcelandIsraelItalyJamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 0.1%NorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 98.9%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States98.9%
Ireland0.6%
Brazil0.1%
Netherlands0.1%
Cayman Islands0.1%
United Kingdom0.1%
⬇ Download the full portfolio — Excel, 519 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.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
0.0664 USD
ex 19 Aug 2026 · paid 3 Sept 2026
Dividends, last 12 months
0.25 USD
Dividend yield
0.85%
12-month sum over the NAV as of 8 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year0.25 USD1.00 %
20250.24 USD1.05 %
20240.28 USD1.50 %
20230.21 USD1.42 %
20220.15 USD0.83 %

Dividend contribution to total return

-30%-20%-10%0%10%20%30%+18.79 %1 year+17.35 %2025+24.57 %2024+26.57 %2023−19.67 %2022
dividendsprice changeprice decline

Calendar per share (USD)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.060.060.07
20250.060.060.060.06
20240.110.060.060.06
20230.050.050.050.05
20220.050.050.05

Latest dividends

Per shareEx-dividend dateRecord datePayment
0.0664 USD19 Aug 202620 Aug 20263 Sept 2026
0.0646 USD20 May 202621 May 20263 Jun 2026
0.0608 USD18 Feb 202619 Feb 20265 Mar 2026
0.0594 USD19 Nov 202520 Nov 20254 Dec 2025
0.059 USD20 Aug 202521 Aug 20254 Sept 2025
0.0595 USD21 May 202522 May 20255 Jun 2025
0.0607 USD19 Feb 202520 Feb 20256 Mar 2025
0.0563 USD13 Nov 202414 Nov 202429 Nov 2024
Per-share dividends as declared by the issuer, in USD, since the first payment (8 Jun 2022). Past dividends are not indicative of future ones.

ETFs declaring the same index

FundTERIncomeFund size
Xtrackers · 2 classes
0.03%Acc.12.8 mld EUR
Xtrackers · 2 classes
0.04%Acc. · Dist.260 mln EUR
Xtrackers · 2 classes
0.15%Acc. · Dist.7.8 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 by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Stock exchange listings

ExchangeTickerTrading since
Börse DüsseldorfXD9D8 Mar 2021
Börse FrankfurtXD9D23 Feb 2021
Börse HamburgXD9D19 Oct 2022
Börse HannoverXD9D9 Dec 2024
Börse München / gettexXD9D23 Feb 2021
Börse StuttgartXD9D14 Nov 2022
Tradegate ExchangeXD9D8 Nov 2021
Xetra (Deutsche Börse)XD9D23 Feb 2021
+ 5 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 UCITS ETF 1d track?
The issuer Xtrackers declares the benchmark: MSCI Total Return Net USA Index (USD).
How much does Xtrackers Msci Usa UCITS ETF 1d cost?
The issuer-declared TER is 0.03% per year; the transaction costs estimated in the KID are 0.01%.
What is the fund size of Xtrackers Msci Usa UCITS ETF 1d?
The fund size declared by Xtrackers is about 12.8 billion euro.
When was Xtrackers Msci Usa UCITS ETF 1d launched?
The fund was launched on 18 February 2021: it has 5 years of history.
How does Xtrackers Msci Usa UCITS ETF 1d replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Fisica (dal KID)”).
Does Xtrackers Msci Usa UCITS ETF 1d pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distributing”).
Where does Xtrackers Msci Usa UCITS ETF 1d trade?
Per the official ESMA register it trades on 8 main exchanges, including Börse Düsseldorf (XD9D), Börse Frankfurt (XD9D), Börse Hamburg (XD9D), Börse Hannover (XD9D), Börse München / gettex (XD9D), Börse Stuttgart (XD9D).
What was Xtrackers Msci Usa UCITS ETF 1d's worst fall?
Over the available history (since 2021), the maximum drawdown was -26.02%, reached in October 2022. Past performance is not indicative of future results.
What is Xtrackers Msci Usa UCITS ETF 1d's tracking difference?
Over the last 3 complete calendar years the fund returned on average +0.18% per year versus its index (from issuer-declared series).
How many securities does Xtrackers Msci Usa UCITS ETF 1d hold?
The declared portfolio holds 519 securities; the top 10 positions weigh 36.9%.
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.