ETF sheet · Issuer-declared data

Xtrackers Scalable Msci Ac World Xtrackers UCITS ETF 1cIndex, costs, backtest, listings and taxation

ISIN: LU2903252349Ticker: SCWXIssuer: Xtrackers

Global Equity tracking the MSCI ACWI Index (USD), synthetic (swap) replication, accumulating. Share class in US dollars (USD).

0.15% + 0.04%

TER + KID transaction costs ✓ declared by the issuer

749

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

783 m €

fund assets ✓ declared by the issuer

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

Fund

Name

Xtrackers Scalable Msci Ac World Xtrackers UCITS ETF 1c

Declared index

MSCI ACWI Index (USD)

Management

Passive (index-tracking) (from the KID)

Replication

Synthetic (swap)

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

782.7 mln EUR

Domicile

Luxembourg

Share class · this page

ISIN

LU2903252349

Ticker

SCWX

Share-class currency

US dollars (USD)

TER

0.15% (period and nature not declared by the source)

Transaction costs

0.04% (issuer estimate, from the KID)

Income policy

Accumulating

Share-class launch

11 December 2024

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 0.15%below the median of equity ETFs we track (0.23%).≈ computed by Rebalix
749 rowspublished by the issuer; completeness of the list not declared✓ declared by the issuer
Top 10 = 15.6%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 Scalable Msci Ac World Xtrackers UCITS ETF 1c tracks the issuer-declared index: MSCI ACWI Index (USD). The declared annual cost (TER) is 0.15%, plus 0.04% in transaction costs estimated by the issuer in the KID. Replication is synthetic replication via a swap contract, as the KID declares; income is accumulated and reinvested in the fund. The fund has assets of about 783 million euro, was launched on 11 December 2024 and is domiciled in Luxembourg.

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 MSCI ACWI Index (index) which is designed to reflect the performance of the shares of large and medium capitalisation companies in global developed and emerging market countries.
Keep reading the KID section ▾
The sub-portfolio manager for the fund is DWS Investments UK Limited. DWS Investments UK Limited has appointed Scalable Capital GmbH (Portfolio Construction Advisor) to provide advisory services with regard to the construction of the portfolio (Proposed Composition).
DESCRIPTION OF INDEX:The selection universe of the index includes large and medium capitalisation listed equity securities from developed and emerging market countries globally. A company’s weighting in the index depends on its relative size.
INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The fund tracks a version of the index which is calculated in USD on an end of day basis. The index is reviewed and rebalanced quarterly. 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 administered by MSCI Limited.
INVESTMENT POLICY:To achieve the investment objective, the fund may invest in a variety of assets and/or instruments which may comprise: all or a representation of the equity securities comprised in the index, other transferablee securities, UCITS or other UCIs, including but not limited to funds of Xtrackers and Xtrackers (IE) plc, which are traded on a regulated market, and enter into financial contracts (derivatives) with one or more swap counterparties relating to the transferable securities and the index and/or other eligible financial indices that are closely related to the index, in order to obtain the return on the index. 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 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
11 December 2024
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 Dec 2024 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

+34.1%

Annualised

+17.2%

Volatility (ann.)

13.0%

Max drawdown

-16.11%

11 Dec 2024 → 16 Oct 20261 year and 10 months · +34.1%

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

-16.11%

peak → trough

Trough

08 Apr 2025

from the 18 Feb 2025 peak

Recovery time

55 days

recovery only: trough to break-even

Underwater

104 days

decline + recovery: peak to break-even · ≈ 3 months · → recovered on 02 Jun 2025

The five worst falls in the period

From the peak of	Trough	Depth	Back to break-even	Days underwater
18 Feb 2025	08 Apr 2025	-16.11%	02 Jun 2025	104
25 Feb 2026	30 Mar 2026	-9.26%	15 Apr 2026	49
29 Oct 2025	20 Nov 2025	-4.42%	11 Dec 2025	43
02 Jun 2026	10 Jun 2026	-4.33%	04 Aug 2026	63
16 Dec 2024	13 Jan 2025	-4.05%	22 Jan 2025	37

Calendar-year returns

2024

-3.0%

since launch, 11 Dec

2025

22.6%

2026

12.7%

2024: the share class was launched on 11 December 2024; the return runs from launch to 31 December 2024 and is not a full year.

Month-by-month returns

2026Year 12.7%

Jan

3.0

Feb

1.3

Mar

-7.2

Apr

10.2

May

5.2

Jun

-0.8

Jul

0.1

Aug

2.7

Sept

-1.1

Oct

-0.5

Nov

Dec

2025Year 22.6%

Jan

3.5

Feb

-0.6

Mar

-4.0

Apr

0.9

May

5.8

Jun

4.5

Jul

1.4

Aug

2.5

Sept

3.6

Oct

2.3

Nov

0.0

Dec

1.1

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	3.0	1.3	-7.2	10.2	5.2	-0.8	0.1	2.7	-1.1	-0.5			12.7
2025	3.5	-0.6	-4.0	0.9	5.8	4.5	1.4	2.5	3.6	2.3	0.0	1.1	22.6

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.

Declared TER

0.15%

Year	Fund	Index	Difference (pt)
2025	+22.63%	+22.34%	+0.30 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.)10.52%

Max drawdown-6.89%

Sharpe1.59

Sortino2.35

Full history

Volatility (ann.)13.18%

Max drawdown-19.98%

Sharpe0.80

Sortino1.09

	Last year	Full history
Volatility (ann.)	10.52%	13.18%
Max drawdown	-6.89%	-19.98%
Sharpe	1.59	0.80
Sortino	2.35	1.09

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

749

Top-10 weight

15.6%

Top 10 holdings

US DOLLAR

4.39%

ASML HOLDING NV

2.76%

HSBC HOLDINGS PLC

1.29%

ROCHE HOLDING AG

1.17%

SHELL PLC

1.09%

ROYAL BANK OF CANADA

1.07%

NOVARTIS AG REG

1.03%

MITSUBISHI UFJ FINANCIAL GRO

0.96%

ASTRAZENECA PLC

0.95%

NESTLE SA REG

0.92%

⬇ Download the published holdings — Excel, 749 rows

Holdings as published by Xtrackers, holdings as at 2 October 2026: 749 rows archived by Rebalix, summarised here. Rebalix has no statement from the issuer on the completeness of this list. Weights are reported without rescaling and may not sum to 100%. Synthetic replication: the list shows the substitute basket (securities held as swap collateral), which can differ substantially from the replicated index. The fund’s economic exposure is that of its declared index. How Rebalix verifies portfolio holdings →

StructureIn this sectionIndex Exchanges

Index tracked

MSCI ACWI Index (USD)

Deep dive: what this index is and how it is built →

This fund belongs to the World and global equity family: compare all census ETFs in this family →

Stock exchange listings

Exchanges with a ticker available· in alphabetical order

Exchange	Ticker	Exchange source	Registered since
Borsa Italiana (ETFplus)	SCWXfrom mapping	ESMA register (FIRDS)	14 Feb 2025
Börse Düsseldorf	SCWXfrom mapping	ESMA register (FIRDS)	20 Dec 2024
Börse Frankfurt	SCWXfrom mapping	ESMA register (FIRDS)	20 Dec 2024
Börse Hamburg	SCWXfrom mapping	ESMA register (FIRDS)	20 Dec 2024
Börse Hannover	SCWXfrom mapping	ESMA register (FIRDS)	20 Dec 2024
Börse München / gettex	SCWXfrom mapping	ESMA register (FIRDS)	20 Dec 2024
Börse Stuttgart	SCWXfrom mapping	ESMA register (FIRDS)	3 Jan 2025
Tradegate Exchange	SCWXfrom mapping	ESMA register (FIRDS)	20 Dec 2024
Xetra (Deutsche Börse)	SCWXfrom mapping	ESMA register (FIRDS)	20 Dec 2024

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.

+ 6 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 Scalable Msci Ac World Xtrackers UCITS ETF 1c track?

The issuer Xtrackers declares the benchmark: MSCI ACWI Index (USD).

How much does SCWX cost?

The issuer-declared TER is 0.15% per year (period and nature not declared by the source); the transaction costs estimated in the KID are 0.04%.

What is the fund size of SCWX?

The fund size declared by Xtrackers is about 783 million euro.

When was SCWX launched?

The fund was launched on 11 December 2024: it has 1 year of history.

How does SCWX replicate its index?

It is a passively managed ETF: it follows the declared index. Synthetic (swap) (issuer wording: “Sintetica - swap (dal KID)”).

Does SCWX pay dividends?

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

Where does SCWX 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) (SCWX), Börse Düsseldorf (SCWX), Börse Frankfurt (SCWX), Börse Hamburg (SCWX), Börse Hannover (SCWX), Börse München / gettex (SCWX).

What was SCWX's worst fall?

Over the available history (since 2024), the maximum drawdown was -16.11%, reached in April 2025. Past performance is not indicative of future results.

How many positions does SCWX publish?

The list published by the issuer and archived by Rebalix has 749 rows; the top 10 weigh 15.6%. 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