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Xtrackers Stoxx Europe 600 UCITS ETF 2c Eur Hedged tracks the issuer-declared index: STOXX® Europe 600 INDEX (EUR). Mind the share class: this is the version hedged to EUR — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.25%, 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 accumulated and reinvested in the fund. The fund has assets of about 5.7 billion euro, was launched on 21 June 2018 and is domiciled in Luxembourg. In our registry it is the largest by assets among the 3 ETFs declaring the same index.
The fund is passively managed.
INVESTMENT OBJECTIVE:The aim is for your investment to reflect the performance of the STOXX® Europe 600 Index (index), while seeking to minimise foreign currency fluctuations at share class level.
DESCRIPTION OF INDEX:The index is designed to reflect the performance of shares of 600 companies in Western Europe. The index contains shares of large, medium and small companies, based on the combined value of a company’s readily available shares compared to other companies.
Keep reading the KID section ▾
A company’s weighting in the index depends on its relative size but cannot exceed 20% of the index at each quarterly review. The index composition is reviewed at least quarterly.
INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The index is administered by STOXX Ltd. 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.
INVESTMENT POLICY:To achieve the aim, the fund will i) attempt to replicate the index, before fees and expenses, by buying all or a substantial number of the securities in the index and ii) enter into financial contracts (derivatives) which attempt to reduce the effect of exchange rate fluctuations between the currency of the fund's assets and the currency of your shares. 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 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 |
|---|---|---|---|---|
| 19 Feb 2020 | 18 Mar 2020 | -33.39% | 09 Mar 2021 | 384 |
| 05 Jan 2022 | 29 Sept 2022 | -20.34% | 08 Dec 2023 | 702 |
| 03 Mar 2025 | 09 Apr 2025 | -15.42% | 20 May 2025 | 78 |
| 31 Jul 2018 | 27 Dec 2018 | -15.38% | 18 Apr 2019 | 261 |
| 27 Feb 2026 | 20 Mar 2026 | -9.54% | 25 May 2026 | 87 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.6 | 4.0 | -7.4 | 4.9 | 3.0 | 2.9 | 1.1 | 0.7 | -0.2 | 11.9 | |||
| 2025 | 6.7 | 2.9 | -3.5 | -0.5 | 4.6 | -0.7 | 1.1 | 1.0 | 1.6 | 2.5 | 1.0 | 2.6 | 20.7 |
| 2024 | 1.2 | 2.4 | 4.5 | -0.7 | 3.2 | -1.5 | 1.3 | 1.2 | -0.6 | -2.8 | 0.6 | -0.5 | 8.2 |
| 2023 | 6.9 | 1.5 | -0.1 | 2.4 | -2.9 | 2.4 | 1.7 | -2.4 | -1.4 | -3.5 | 6.0 | 3.5 | 14.4 |
| 2022 | -3.8 | -3.3 | 0.9 | -0.8 | -0.4 | -8.0 | 6.4 | -4.1 | -6.2 | 6.2 | 6.9 | -2.7 | -9.9 |
| 2021 | -1.0 | 2.3 | 6.1 | 2.5 | 2.9 | 1.0 | 1.7 | 2.3 | -3.3 | 3.8 | -2.4 | 5.0 | 22.5 |
| 2020 | -1.5 | -7.9 | -13.7 | 5.9 | 4.3 | 3.2 | -1.1 | 3.4 | -1.5 | -5.5 | 13.8 | 2.4 | -1.0 |
| 2019 | 6.0 | 3.6 | 2.0 | 4.1 | -4.4 | 4.6 | 0.6 | -1.6 | 3.0 | 0.6 | 2.4 | 1.7 | 24.8 |
| 2018 | 3.3 | -2.3 | 0.1 | -5.6 | -1.1 | -5.5 | -10.8 |
We do not publish a tracking difference for this share class — and it is not an oversight.
this share class is hedged to EUR; the index the issuer places next to it in its documents is the unhedged, foreign-currency version. Subtracting one from the other does not measure replication quality: it measures the exchange rate. In a year when the currency moves 5%, “the TD” would come out near 5 points — a plausible-looking number, with decimals, and wrong.
Other sites publish that number. We would rather show one figure less than one figure wrong: the TD will return here the day we have the EUR-hedged index series, which the issuer does not publish today.
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 11.78% | 12.02% | 13.71% | 15.50% |
| Max drawdown | -9.54% | -15.42% | -20.34% | -33.39% |
| Sharpe | 1.43 | 0.96 | 0.53 | 0.54 |
| Sortino | 2.18 | 1.35 | 0.74 | 0.73 |
| Fund | TER | Income | Fund size |
|---|---|---|---|
Xtrackers · 2 classes | 0.20% | Dist. · Acc. | 5.7 mld EUR |
Xtrackers · 2 classesnot on Borsa Italiana | 0.05% | Acc. · Dist. | 5 mln EUR |
| Exchange | Ticker | Trading since |
|---|---|---|
| Börse Düsseldorf | XSXE | 1 Aug 2018 |
| Börse Frankfurt | XSXE | 26 Jun 2018 |
| Börse Hamburg | XSXE | 14 Feb 2019 |
| Börse Hannover | XSXE | 9 Dec 2024 |
| Börse München / gettex | XSXE | 15 Feb 2019 |
| Börse Stuttgart | XSXE | 29 Jun 2018 |
| Tradegate Exchange | XSXE | 17 Oct 2019 |
| Xetra (Deutsche Börse) | XSXE | 26 Jun 2018 |