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ETF sheet · Issuer-declared data

Xtrackers Msci Emerging Markets Ex China UCITS ETF 1cIndex, costs, backtest, listings and taxation

ISIN: IE00BM67HJ62Issuer: Xtrackers
Issuer-declared data
Declared index
MSCI EM (Emerging Markets) ex China Index (GBP)
TER
0.16%
Transaction costs
0.05% (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
145.4 mln EUR
Domicile
Ireland
Inception date
27 February 2015
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 Emerging Markets Ex China UCITS ETF 1c tracks the issuer-declared index: MSCI EM (Emerging Markets) ex China Index (GBP). The declared annual cost (TER) is 0.16%, plus 0.05% 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 145 million euro, was launched on 27 February 2015 and is domiciled in Ireland.

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 Emerging Markets ex China Index (index).

DESCRIPTION OF INDEX:The index is based on the MSCI Emerging Markets Index (Parent Index), and is designed to reflect the performance of the shares of large and medium capitalisation companies in global emerging markets, excluding China.

Keep reading the KID section ▾

The index is a free float-adjusted market capitalisation weighted index.

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. The index is calculated in GBP on a daily 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 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 2 per cent. The currency of the fund is GBP. 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 0.16%: below the median of equity ETFs we track (0.22%).
  • Average tracking difference over the last 3 years: +0.02% p.a., against a declared TER of 0.16%.
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) · GBP · from Jan 2008 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+556.5%
Annualised
+10.6%
Volatility (ann.)
16.7%
Max drawdown
-37.60%
-36%+127%+290%+453%+616%Jan 2008Sept 2012May 2017Jan 2022Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+556%Jan 2008Sept 2026
Note — currency risk: the fund is denominated (or hedged) in GBP and the chart is in GBP. For a euro investor, returns also depend on the EUR/GBP 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%-10%-20%-30%-40%-50%2008201120142017202020232026−37.60% · 06 Mar 2009
Max drawdown
-37.60%
peak → trough
Trough
06 Mar 2009
from the 19 May 2008 peak
Recovery time
360 days
recovery only: trough to break-even · ≈ 12 months
Underwater
651 days
decline + recovery: peak to break-even · ≈ 1 year and 9 months · → recovered on 01 Mar 2010

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
19 May 200806 Mar 2009-37.60%01 Mar 2010651
20 Feb 202016 Mar 2020-25.05%24 Aug 2020186
07 Jul 201119 Aug 2011-19.54%02 Jan 2013545
08 Dec 202128 Oct 2022-18.87%16 May 2024890
22 Jun 202630 Jul 2026-18.07%ongoing78

Calendar-year returns

2016
29.3%
2017
14.2%
2018
-4.7%
2019
22.0%
2020
13.0%
2021
19.4%
2022
-9.6%
2023
3.3%
2024
4.2%
2025
25.5%
2026
38.9%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20268.211.8-13.114.814.41.6-7.23.63.038.9
20251.9-4.2-2.40.43.95.34.4-2.06.410.4-3.13.125.5
2024-4.65.52.51.5-1.24.9-1.2-0.6-0.80.4-2.20.34.2
20235.8-5.00.9-3.0-0.11.24.8-4.80.8-3.23.43.03.3
2022-4.1-2.84.2-1.3-0.2-2.9-0.74.7-8.2-6.111.2-2.4-9.6
2021-0.90.54.23.9-0.94.0-0.03.5-2.23.41.11.619.4
2020-0.6-5.0-10.88.96.73.3-0.95.0-0.4-2.68.62.013.0
20194.71.53.43.4-2.85.64.3-1.70.9-2.12.41.022.0
2018-0.3-0.9-4.12.63.60.23.82.00.2-5.61.8-7.3-4.7
20170.94.00.8-1.92.4-0.11.12.7-2.13.20.12.414.2
2016-2.41.14.3-0.50.88.55.11.61.34.9-1.43.229.3
20152.22.42.8-0.90.5-5.31.5-4.7-3.15.91.80.53.2
2014-3.22.51.3-0.72.90.00.04.0-0.82.23.9-1.510.9
20137.34.61.70.42.3-2.84.6-4.20.44.9-0.60.520.2
20124.63.70.7-3.0-3.72.81.50.61.6-0.51.80.911.1
2011-0.81.11.7-0.2-0.91.0-4.0-6.6-5.56.7-0.60.9-7.8
2010-3.56.76.9-0.7-4.7-5.83.0-1.87.02.00.46.816.1
2009-9.2-8.88.38.41.0-2.58.15.36.8-4.84.63.620.1
20080.1-1.35.92.0-9.3-1.76.3-10.0-11.7-1.511.4-14.9
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.
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 2 of the last 3 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
+0.02% /anno
Declared TER
0.16%
YearFundIndexDifference
2025+25.51%+25.34%+0.17%
2024+4.16%+4.03%+0.13%
2023+3.30%+3.55%-0.25%
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 yearsLast 10 yearsFull history
Volatility (ann.)25.42%18.89%17.98%17.05%17.31%
Max drawdown-17.35%-19.16%-20.56%-32.74%-44.43%
Sharpe1.931.020.570.700.56
Sortino2.961.490.820.980.80
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
630
Top-10 weight
42.6%

Top 10 holdings

TAIWAN SEMICONDUCTOR MANUFACTURING
19.10%
SAMSUNG ELECTRONICS LTD
8.95%
SK HYNIX
6.86%
MEDIATEK
1.98%
DELTA ELECTRONICS
1.15%
SAMSUNG ELECTRONICS NON VOTING PRE
1.12%
HON HAI PRECISION INDUSTRY
1.00%
HDFC BANK
0.86%
ICICI BANK
0.81%
RELIANCE INDUSTRIES LTD
0.80%

Sectors

Information Technology
50.0%
Financials
19.2%
Industrials
6.5%
Materials
6.2%
Consumer Discretionary
4.0%
Energy
3.4%
Communication Services
3.0%

Countries

AfghanistanAngolaAlbaniaUnited Arab Emirates: 1.5%ArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazil: 4.9%BruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChile: 0.6%China: 0.1%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombia: 0.2%Costa RicaCubaCyprusCzech Republic: 0.1%GermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgypt: 0.1%EritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFranceGabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreece: 0.8%GreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungary: 0.4%Indonesia: 0.7%India: 14.2%IrelandIranIraqIcelandIsraelItalyJamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth Korea: 25.8%KosovoKuwait: 0.7%LaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourg: 0.1%LatviaMoroccoMoldovaMadagascarMexico: 2.3%MacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysia: 1.1%NamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlandsNorwayNepalNew ZealandOmanPakistanPanamaPeru: 0.3%Philippines: 0.3%Papua New GuineaPoland: 1.4%Puerto RicoNorth KoreaPortugalParaguayQatar: 0.6%Romania: 0.1%RussiaRwandaWestern SaharaSaudi Arabia: 3%SudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailand: 1.2%TajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwan: 35.3%United Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 0.3%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth Africa: 3.9%ZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
Taiwan35.3%
South Korea25.8%
India14.2%
Brazil4.9%
South Africa3.9%
Saudi Arabia3%
Mexico2.3%
⬇ Download the full portfolio — Excel, 630 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 →

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:

IE00BM67HJ62
  • Directazero within the savings plan (buys)
  • Finecozero on buys (single orders and savings plan) — promo list renewed monthly: check it is still listed
  • Moneyfarmzero within the savings plan (buys), agreement until 22 May 2027
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 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.

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)XDEX12 Jan 2022
Börse DüsseldorfXDEX8 Aug 2024
Börse FrankfurtXDEX8 Aug 2024
Börse HamburgXDEX30 Mar 2021
Börse HannoverXDEX9 Dec 2024
Börse München / gettexXDEX8 Aug 2024
Börse StuttgartXDEX14 Aug 2024
Tradegate ExchangeXDEX19 Aug 2024
Xetra (Deutsche Börse)XDEX8 Aug 2024
+ 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 Emerging Markets Ex China UCITS ETF 1c track?
The issuer Xtrackers declares the benchmark: MSCI EM (Emerging Markets) ex China Index (GBP).
How much does Xtrackers Msci Emerging Markets Ex China UCITS ETF 1c cost?
The issuer-declared TER is 0.16% per year; the transaction costs estimated in the KID are 0.05%.
What is the fund size of Xtrackers Msci Emerging Markets Ex China UCITS ETF 1c?
The fund size declared by Xtrackers is about 145 million euro.
When was Xtrackers Msci Emerging Markets Ex China UCITS ETF 1c launched?
The fund was launched on 27 February 2015: it has 11 years of history.
How does Xtrackers Msci Emerging Markets Ex China UCITS ETF 1c replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Fisica (dal KID)”).
Does Xtrackers Msci Emerging Markets Ex China 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 Emerging Markets Ex China UCITS ETF 1c trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (XDEX), Börse Düsseldorf (XDEX), Börse Frankfurt (XDEX), Börse Hamburg (XDEX), Börse Hannover (XDEX), Börse München / gettex (XDEX).
What was Xtrackers Msci Emerging Markets Ex China UCITS ETF 1c's worst fall?
Over the available history (since 2008), the maximum drawdown was -37.60%, reached in March 2009. Past performance is not indicative of future results.
What is Xtrackers Msci Emerging Markets Ex China UCITS ETF 1c's tracking difference?
Over the last 3 complete calendar years the fund returned on average +0.02% per year versus its index (from issuer-declared series).
How many securities does Xtrackers Msci Emerging Markets Ex China UCITS ETF 1c hold?
The declared portfolio holds 630 securities; the top 10 positions weigh 42.6%.
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.