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.
Important security note: Warning of attempted fraud in the name of DWS
We have detected that fraudulent individuals are misusing the "DWS" trademark and the names of DWS employees on the internet and social media. These fraudsters are operating fake websites, Facebook pages, WhatsApp groups and Mobile Apps. Please be aware that DWS does not have any Facebook Ambassador profiles or WhatsApp chats. If you receive any unexpected calls, messages, or emails claiming to be from DWS, exercise caution and do not make any payments or disclose personal information. We encourage you to report any suspicious activity to info@dws.com, including any relevant documents and the original fraudulent email. Additionally, if you believe you have been a victim of fraud, please notify your local authorities and take steps to protect yourself.
through active management in a cost-efficient ETF wrapper
in times of changing market conditions – with active strategies
and tradability – enabled by the ETF structure
Active ETFs combine the advantages of traditional investment funds and passive ETFs in an innovative investment concept. At DWS, we blend over 60 years of experience in active portfolio management with the expertise of Xtrackers, one of Europe's leading ETF providers. Gain access to exciting innovations in the ETF product landscape, with new strategies for your ETF portfolio.
Xtrackers Active ETFs combine our and our partners’ expertise in active strategies with the benefits of the ETF structure. This combination gives investors access to actively managed strategies with alpha potential. Alpha refers to the possible excess return compared to a benchmark, which can be achieved by taking targeted risks, though excess returns are not guaranteed. These strategies are efficiently implemented through ETFs, whose structure offers cost efficiency, liquidity, and transparency. Active ETFs are particularly well-suited for markets with inefficiencies, thematic funds, or concentrated stock selection approaches, where taking active risks versus a benchmark can become a strategy worth pursuing. In addition, they are gaining increasing importance within the fixed-income spectrum. In general, Active ETFs are experiencing a rapidly growing popularity among investors. By the end of 2024, $1.1 trillion was being managed in active ETFs – an increase of approximately 60 percent from the previous year.[1] The trend is particularly evident in the US, where almost 90 percent of all new ETF launches in 2024 were Active ETFs. In Europe, inflows into this product innovation are gaining momentum. The global trend is unmistakable – with financial experts expecting this emerging sector to reach $3 trillion in market value by 2029.[2]

While passive ETFs replicate an index, active ETFs pursue strategies that aim to achieve excess returns in the market. A manager or team actively manages the portfolio to generate better returns – unlike passive ETFs, which aim to track a certain index as precisely as possible. However, the benefits of ETFs remain intact with active ETFs: they are cost-efficient, transparent, and can offer high liquidity, meaning they can be easily bought or sold without significantly affecting their price. They can be traded like stocks while simultaneously providing diversified[3], actively managed exposure to a specific market or strategy. By combining active management with the structural advantages of ETFs, active ETFs fill a gap in the investment landscape. They can offer you access to excess returns without having to sacrifice the familiar benefits, even though active management typically involves somewhat higher costs than passive ETFs.
With our new Xtrackers Enhanced Equity Active ETFs, you can benefit from DWS's long-standing expertise in active portfolio management. These ETFs are based on a systematic investment process that our Quantitative Research & Investment (Qi) team has continuously refined since 2001. The strategies aim for excess returns compared to their benchmarks while strictly limiting the associated active risk. Our Qi strategies provide you with an active investment opportunity for global, European, and US equity markets. Additionally, as one of Europe's largest ETF providers, Xtrackers has been offering active ETFs with external partners since 2010.
| Xtrackers Active ETFs | ISIN | WKN | TER |
|---|---|---|---|
| Europe Equity Enhanced Active UCITS ETF 1C | IE00002ZKAP0 | DBX0WM | 0.25% |
| US Equity Enhanced Active UCITS ETF 1C | IE0002PGSLZ5 | DBX0WN | 0.20% |
| World Equity Enhanced Active UCITS ETF 1C | IE00094GSCQ4 | DBX0WP | 0.25% |
| Xtrackers Active ETFs with the expertise of external partners | ISIN | WKN | TER |
|---|---|---|---|
| World Green Tech Innovators UCITS ETF 1C | LU2859392081 | DBX0V8 | 0.35% |
| World Small Cap Green Tech Innovators UCITS ETF 1C | LU2859297330 | DBX0V9 | 0.45% |
| Portfolio UCITS ETF 1C | LU0397221945 | DBX0BT | 0.70% |
| Portfolio Income UCITS ETF 1D | IE00B3Y8D011 | A1C1G8 | 0.65% |
You can easily integrate active ETFs into your portfolio – as a complement to passive ETFs in a core-satellite approach or for targeted diversification. Buying and selling active ETFs works just like investing in their passive counterparts; you can trade ETFs through your broker or bank.
