← Search another ETF ⎙ Printable sheet (PDF)

ETF sheet · Issuer-declared data

Xtrackers Spain UCITS ETF 1cIndex, costs, backtest, listings and taxation

ISIN: LU0592216393Issuer: Xtrackers

Issuer-declared data

Declared index

Solactive Spain 40 Index (EUR)

TER

0.30%

Transaction costs

0.12% (issuer estimate, from the KID)

Management

Passive (index-tracking) (from the KID)

Replication

Physical

Income policy

Accumulating

SFDR

Article 6 — does not promote specific ESG characteristics — inferred (issuer documents do not declare art. 8/9) what does it mean?

Fund assets

281.8 mln EUR

Domicile

Luxembourg

Inception date

27 April 2011

Data as declared by Xtrackers in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.

📬 Follow the engine as we build it

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Description

Xtrackers Spain UCITS ETF 1c tracks the issuer-declared index: Solactive Spain 40 Index (EUR). The declared annual cost (TER) is 0.30%, plus 0.12% 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 282 million euro, was launched on 27 April 2011 and is domiciled in Luxembourg. In our registry it is the largest by assets among the 2 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 of the Solactive Spain 40 index (index) which is designed to reflect the performance of the shares of 40 major companies in Spain which are listed on certain Spanish stock exchanges.
DESCRIPTION OF INDEX:In order to be eligible for inclusion in the index, specific rules are applied to the eligible universe of shares upon rebalancing.
Keep reading the KID section ▾
The 60 shares most frequently traded over a 6 month period are identified. From this, the top 40 highest valued companies are elected for inclusion in the index, based on the value of a company's readily available shares.
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. Certain costs are deducted from the index.
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 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 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 0.30%: above the median of equity ETFs we track (0.22%).
Average tracking difference over the last 3 years: +0.49% p.a., against a declared TER of 0.30%.

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 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.

Fund performance

issuer-declared net asset value (NAV) · EUR · from Apr 2011 to Sept 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

+247.6%

Annualised

+8.4%

Volatility (ann.)

20.7%

Max drawdown

-40.68%

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

-40.68%

peak → trough

Trough

24 Jul 2012

from the 02 May 2011 peak

Recovery time

443 days

recovery only: trough to break-even · ≈ 1 year and 3 months

Underwater

892 days

decline + recovery: peak to break-even · ≈ 2 years and 5 months · → recovered on 10 Oct 2013

The five worst falls in the period

From the peak of	Trough	Depth	Back to break-even	Days underwater
02 May 2011	24 Jul 2012	-40.68%	10 Oct 2013	892
19 Feb 2020	16 Mar 2020	-39.44%	17 Jan 2023	1,063
13 Apr 2015	11 Feb 2016	-32.42%	04 May 2017	752
05 May 2017	27 Dec 2018	-19.21%	19 Feb 2020	1,020
05 Sept 2014	16 Oct 2014	-13.13%	23 Feb 2015	171

Calendar-year returns

2016

1.3%

2017

13.2%

2018

-12.6%

2019

14.6%

2020

-10.3%

2021

12.3%

2022

-2.1%

2023

27.0%

2024

15.0%

2025

57.9%

2026

19.9%

Month-by-month returns

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	4.2	2.5	-7.1	5.5	3.3	6.5	2.6	1.2	0.4				19.9
2025	7.5	8.6	-1.2	2.2	6.6	-0.8	3.6	4.1	3.8	3.8	3.0	5.7	57.9
2024	1.1	-0.1	11.5	-2.1	3.8	-5.8	2.9	2.2	3.1	-1.3	-0.1	-0.1	15.0
2023	9.0	5.0	-1.7	1.4	-2.4	6.7	1.6	-1.7	-1.0	-3.5	10.8	1.1	27.0
2022	-0.6	-1.5	0.3	2.5	3.0	-8.9	1.3	-3.0	-6.9	8.9	5.4	-1.3	-2.1
2021	-4.2	6.8	4.3	2.9	5.3	-2.8	-0.7	1.7	-1.4	3.9	-8.6	5.7	12.3
2020	-1.5	-6.4	-22.5	2.6	2.0	2.4	-4.3	4.5	-6.6	-2.8	27.2	1.4	-10.3
2019	7.1	2.7	-1.1	4.9	-7.0	2.9	-2.0	-2.3	4.8	0.7	1.5	2.3	14.6
2018	4.3	-5.6	-2.7	4.9	-5.3	2.1	3.7	-5.1	-0.1	-5.1	1.8	-5.4	-12.6
2017	0.1	2.6	9.5	3.0	1.6	-3.3	1.3	-1.7	1.1	2.0	-2.7	-0.6	13.2
2016	-8.2	-3.9	3.2	4.1	0.6	-9.1	5.9	1.5	0.8	4.6	-4.6	8.0	1.3
2015	1.7	7.4	3.2	-0.8	-1.0	-3.7	4.4	-8.1	-6.8	8.6	0.7	-6.9	-2.9
2014	0.6	1.9	2.5	1.6	3.7	1.4	-1.1	0.2	1.0	-2.9	3.3	-4.1	8.2
2013	3.2	-1.6	-3.8	6.9	-1.0	-6.5	9.9	-1.7	10.9	8.3	-0.3	1.0	26.3
2012	0.2	-0.5	-5.4	-11.8	-11.9	17.0	-4.0	10.1	3.9	2.2	1.3	3.3	0.9
2011					-2.5	-1.0	-6.4	-9.3	-1.8	5.1	-4.7	1.4	-17.2

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 7 of the last 10 calendar years: a past observation, not an indication of future outperformance.

Average TD (last 3 years)

+0.49% /anno

Declared TER

0.30%

Year	Fund	Index	Difference
2025	+57.85%	+57.27%	+0.58%
2024	+15.02%	+14.52%	+0.50%
2023	+27.03%	+26.62%	+0.40%
2022	-2.13%	-2.49%	+0.36%
2021	+12.33%	+12.33%	+0.00%
2020	-10.26%	-10.39%	+0.13%
2019	+14.58%	+13.35%	+1.23%
2018	-12.59%	-12.12%	-0.47%
2017	+13.22%	+12.72%	+0.51%
2016	+1.25%	+1.72%	-0.47%

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 year	Last 3 years	Last 5 years	Last 10 years	Full history
Volatility (ann.)	16.51%	15.49%	16.58%	18.47%	20.75%
Max drawdown	-9.93%	-12.82%	-18.47%	-39.44%	-40.68%
Sharpe	1.96	1.69	1.13	0.67	0.45
Sortino	3.07	2.47	1.60	0.93	0.63

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, the fund's currency; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio

Top-10 weight

80.2%

Top 10 holdings

BANCO SANTANDER

21.14%

BANCO BILBAO VIZCAYA ARGENTARIA SA

16.17%

IBERDROLA

15.63%

INDUSTRIA DE DISENO TEXTIL SA

7.33%

CAIXABANK SA

5.35%

REPSOL

3.58%

ARCELORMITTAL SA

3.12%

AMADEUS IT GROUP

2.77%

FERROVIAL NV

2.72%

ACS ACTIVIDADES DE CONSTRUCCION Y

2.34%

Sectors

Financials

46.6%

Utilities

18.8%

Consumer Discretionary

9.1%

Industrials

6.3%

Energy

4.2%

Basic Materials

3.5%

Technology

3.4%

Countries

up to 1%1–5%5–15%15–30%over 30%

Hover a country for its percentage.

Top 7 countries

Spain91.9%

Luxembourg3.1%

Netherlands2.7%

United Kingdom1.8%

⬇ Download the full portfolio — Excel, 43 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 →

ETFs declaring the same index

Fund	TER	Income	Fund size
Xtrackers Spain UCITS ETF 1d compare ⇄ Xtrackersnot on Borsa Italiana	0.30%	Dist.	282 mln EUR

2 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.

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:

LU0592216393

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 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

Exchange	Ticker	Trading since
Börse Düsseldorf	XESP	10 Nov 2017
Börse Frankfurt	XESP	7 Jul 2017
Börse Hamburg	XESP	14 Feb 2019
Börse Hannover	XESP	9 Dec 2024
Börse München / gettex	XESP	29 Nov 2017
Börse Stuttgart	XESP	10 Jul 2017
Tradegate Exchange	XESP	17 Oct 2018
Xetra (Deutsche Börse)	XESP	7 Jul 2017

+ 19 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 Spain UCITS ETF 1c track?

The issuer Xtrackers declares the benchmark: Solactive Spain 40 Index (EUR).

How much does Xtrackers Spain UCITS ETF 1c cost?

The issuer-declared TER is 0.30% per year; the transaction costs estimated in the KID are 0.12%.

What is the fund size of Xtrackers Spain UCITS ETF 1c?

The fund size declared by Xtrackers is about 282 million euro.

When was Xtrackers Spain UCITS ETF 1c launched?

The fund was launched on 27 April 2011: it has 15 years of history.

How does Xtrackers Spain 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 Spain 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 Spain UCITS ETF 1c trade?

Per the official ESMA register it trades on 8 main exchanges, including Börse Düsseldorf (XESP), Börse Frankfurt (XESP), Börse Hamburg (XESP), Börse Hannover (XESP), Börse München / gettex (XESP), Börse Stuttgart (XESP).

What was Xtrackers Spain UCITS ETF 1c's worst fall?

Over the available history (since 2011), the maximum drawdown was -40.68%, reached in July 2012. Past performance is not indicative of future results.

What is Xtrackers Spain UCITS ETF 1c's tracking difference?

Over the last 3 complete calendar years the fund returned on average +0.49% per year versus its index (from issuer-declared series).

How many securities does Xtrackers Spain UCITS ETF 1c hold?

The declared portfolio holds 43 securities; the top 10 positions weigh 80.2%.

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.