Risk Considerations
Investors should note that the Xtrackers ETFs & ETCs are not capital protected or guaranteed and investors in each Xtrackers ETF or ETC should be prepared and able to sustain losses up to the total capital invested. The value of an investment in an Xtrackers ETF or ETC may go down as well as up and past performance does not predict future returns. Investment in Xtrackers ETFs or ETCs involve risks. For a list of related risks please click on the Risks and Terms tab.
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DWS lowers fees for seven Xtrackers ETFs
03/03/2026
More attractive terms for equity and bond ETFs with €20 billion in assets under management as of the end of January 2026
Technological efficiency gains and increased volumes lead to cost advantages for investors
Commitment to high standards in index tracking remains unchanged despite lower fees
For further information, please contact:
Effective 1 March 2026, DWS has permanently reduced the annual flat fees (TER) for seven Xtrackers ETFs comprising a total of 23 share classes. The adjustments provide more favourable terms for investors in equity and bond ETFs with approximately €20 billion in assets under management as of the end of January 2026. In addition, the fee for the Xtrackers MSCI Emerging Markets Swap UCITS ETF will be reduced temporarily until 1 September 2026.
The objective of the fee adjustment is to provide investors with sustainably competitive cost structures while maintaining the high standards applied to index tracking. DWS regularly reviews the fee structure of its Xtrackers product range as part of its long-term growth and product strategy. Reflecting this growth, assets under management in Xtrackers UCITS ETFs exceeded €300 billion for the first time on 20 February[1].
One of the largest equity ETFs benefiting from a lower flat fee is the Xtrackers MSCI USA UCITS ETF 1C (ISIN: IE00BJ0KDR00). Its annual flat fee has been reduced from 0.07% to 0.03%. Fees have also been reduced for selected bond ETFs. For example, the TER of the Xtrackers II Eurozone Government Bond 1–3 UCITS ETF 1C (ISIN: LU0290356871) has been lowered from 0.15% to 0.10%.
"The fee structure is an important element of what makes an ETF competitive," says Simon Klein, Global Head of Xtrackers Sales, at DWS. "Economies of scale, technological efficiency gains and increased volumes enable us to pass on cost advantages to our investors. Precise index tracking and liquidity remain key features under the new fee structure."
Michael Mohr, Global Head of Xtrackers Products, adds: "The ETF market in Europe has evolved from a niche segment into a core investment for a broad range of investors. Broadly diversified ETFs in key asset classes with competitive costs are therefore a central component of the overall package of price, liquidity and tracking quality. With these adjustments, we are sending a clear signal by positioning Xtrackers ETFs as building blocks for strategic equity and bond allocations."
Product information
| ETF-Name | Flat fee p.a. in % previously | Flat fee p.a. in % new | ISIN | Bloomberg Ticker |
|---|---|---|---|---|
0.15 % | 0.10 % | LU0290356871 | DBXP GY | |
0.15 % | 0.10 % | LU0614173549 | X03B GY | |
0.12 % | 0.09 % | LU1920015366 | XEMU GY | |
0.12 % | 0.09 % | LU0846194776 | XD5E GY | |
0.17 % | 0.12 % | LU1127516455 | XD5S LN | |
0.07 % | 0.03 % | IE00BJ0KDR00 | XD9U GY | |
0.07 % | 0.03 % | IE00BK1PV445 | XD9D GY | |
0.12 % | 0.08 % | IE00BG04LZ52 | XD9C SW | |
0.12 % | 0.08 % | IE00BG04M077 | XD9E GY | |
0.05 % | 0.04 % | IE000HY30YW6 | X50U GY | |
0.05 % | 0.04 % | IE000FO05UG4 | X5UD GY | |
0.05 % | 0.03 % | IE000Z9SJA06 | XDPU GY | |
0.05 % | 0.03 % | IE000UP2BIZ9 | X5SP GY | |
0.09 % | 0.05 % | IE00BM67HX07 | XDPG LN | |
0.20 % | 0.05 % | IE00BM67HW99 | XDPE GY | |
0.20 % | 0.05 % | IE00B8KMSQ34 | XDPC SW | |
0.20 % | 0.05 % | IE00BGJWX091 | XDPD GY | |
0.17 % | 0.14 % | IE00BZ1BS790 | XDWG LN | |
0.17 % | 0.14 % | IE000ONQ3X90 | XWEU GY | |
0.17 % | 0.14 % | IE0009KLWT21 | XWCH SW | |
**Xtrackers USD High Yield Corporate Bond UCITS ETF 4D GBP Hedged | 0.25 % | 0.20 % | IE00BG04LV15 | XUHG LN |
0,49 % | 0.12 % | LU0292107645 | XMEM GY | |
0.18 % | 0.12 % | LU2675291913 | XMCM GY |
* Currently temporary adjustment that will be converted into a permanent fee reduction
** Share class not registered for distribution in Germany
*** Fee reduction temporary from 1 March 2026 to 1 September 2026
About the DWS Group
With total assets under management of €1,085 billion (as of 31 December 2025), DWS Group (DWS) is a leading asset manager in Europe with a global reach. With approximately 5,000 employees in locations around the world, DWS offers private individuals, institutions and large corporations access to comprehensive investment solutions and tailor-made portfolios across the entire spectrum of investment disciplines. Its broad expertise as an asset manager in active, passive and alternative businesses enables DWS to offer clients targeted solutions in all major liquid and illiquid asset classes.
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The information contained in this document does not constitute investment advice.
Complete information on the funds, including all risks and costs, can be found in the current version of the respective sales prospectus. This prospectus and the "Basic Information Sheet (BIB)" are the only binding sales documents for the funds.
Investors can obtain these documents, including regulatory information and the current founding documents in German, free of charge in writing from DWS Investment GmbH, Mainzer Landstraße 11-17, 60329 Frankfurt am Main, and, in the case of Luxembourg funds, from DWS Investment S.A., 2, Boulevard Konrad Adenauer, L-1115 Luxembourg, free of charge in written form or electronically in the relevant languages at: www.dws.de for Germany and https://funds.dws.com/ for Austria and Luxembourg and for passive investments www.etf.dws.com
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The registered office of Xtrackers (RCS No.: B-119.899), a company registered in Luxembourg, is located at 49, Avenue J.F. Kennedy, L-1855 Luxembourg, Luxembourg
DWS Group GmbH & Co. KGaA, CRC 109 327, 27.02.2026