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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 ex­pands its Xtrack­ers lineup and launches a UCITS ETF fo­cused on elec­tri­fic­a­tion and smart grid tech­no­lo­gies

4/23/2026

  • Exposure to companies across the global electrification value chain

  • The ETF targets companies in power generation and storage technologies, smart grid solutions and intelligent technology

  • Tracks a patent-based index with broad diversification

For fur­ther in­form­a­tion, please con­tact:

DWS is expanding its range of thematic equity ETFs and, with the Xtrackers Electrification Technologies & Smart Grid UCITS ETF, is offering a new investment solution focused on the growing trend toward electrification and related technologies. The ETF tracks the performance of the Nasdaq Global Electrification Technologies and Smart Grid Index and invests in companies that provide technologies for the generation, storage, and transmission of electricity. The ETF was listed on the Deutsche Börse since April 22 and on the London Stock Exchange on April 24.

Electrification is considered one of the key structural trends of the coming decades. The trend is currently gaining additional momentum: Global electricity demand is growing at a rate not seen in years - driven, among other factors, by electromobility, industrial transformation, and the growing demand for computing power and digital infrastructure. In this environment, the focus is particularly on technologies that help generate electricity, modernize power grids, distribute energy efficiently, and reliably manage growing electricity demand.

The ETF covers the entire electrification value chain and comprises four key segments: grid technology, computing and power hardware, power generation and transmission, and energy applications. The ETF is based on a patent-driven approach developed by index provider Nasdaq. This approach is intended to identify companies that stand out through innovative technologies in these areas. Investors thus gain diversified exposure to global companies that can benefit from this long-term growth trend.

“Electrification is a long-term global trend. A wide range of new technologies is addressing the steadily increasing demand for electricity,” says Michael Mohr, Global Head of Xtrackers Products at DWS. “With the new ETF, we offer investors broadly diversified exposure to the companies driving this trend.”

Product information

ETF nameIndexISINBloomberg TickerDistribution of earningsTER p.a.
LongNameSCNasdaq Global Electrification Technologies and Smart Grid IndexIE000O7Q2E56WIREaccumulating0.35 %

Source: DWS, as of 20/04/2026


Risks of ETFs include, among others, the following:

  • The value of ETF shares may be negatively impacted by legal, economic, or political changes, market volatility, and/or fluctuations in the assets of the sub-fund and/or the underlying index.
  • The value of ETF shares may fall below the purchase price at any time, leading to losses. Currency fluctuations may also adversely affect value.
  • ETFs are not capital-protected. Share values may fall as well as rise. Past performance is not a reliable indicator of future performance.
  • There is no guarantee that a specific redemption amount will be paid at maturity. Redemption values may fall below the original investment. Investors must be prepared to bear losses up to the total investment amount.

About the DWS Group

DWS Group (DWS), with EUR 1,085bn of total assets under management (as of 31 December  2025), is a leading European asset manager with global reach. With approximately 5,000 employees in offices around the world, DWS offers individuals, institutions and large corporations access to comprehensive investment solutions and bespoke portfolios across the full spectrum of investment disciplines. Its diverse expertise in Active, Passive and Alternative asset management enables DWS to deliver targeted solutions for clients across all major liquid and illiquid asset classes.

This document is a marketing communication. Investors should read the prospectus and the Key Information Document (KID) before making an investment decision. ´

Important information

DWS is the brand name under which DWS Group GmbH & Co. KGaA and its subsidiaries conduct their business. The legal entities responsible for offering DWS products or services are identified in the relevant documents. 

The information contained in this document does not constitute investment advice. 

Full details of the fund, including all risks and costs, can be found in the current version of the relevant sales prospectus. This prospectus and the Key Information Document (KID) constitute the only binding sales documents for the fund.

Investors can obtain these documents, including regulatory information and the current founding documents, in German 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 writing 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

A summary of investor rights for investors in passive products is available at (Germany – German) https://etf.dws.com/de-de/ueber-uns/umgang-mit-beschwerden-etfs  (Austria – German) https://etf.dws.com/de-at/ueber-uns/umgang-mit-beschwerden-etfs (Luxembourg – English) https://etf.dws.com/en-lu/about-us/how-to-complain-etfs  The management company may decide to cease distribution at any time. 

Forecasts are not reliable indicators of future performance. Forecasts are based on assumptions, estimates, opinions and hypothetical models or analyses that may prove to be inaccurate or incorrect. 

Performance is calculated in accordance with the BVI Bundesverband Investment und Asset Management e.V. method, i.e. without taking into account any front-end load. 

More detailed tax information is provided in the sales prospectus. Past performance is not a reliable indicator of future performance. 

All opinions expressed are those of DWS Group GmbH KGaA at the time of publication and are subject to change without notice. 

This document is a marketing communication and not a financial analysis. Consequently, the information contained in this document does not meet all legal requirements for ensuring the impartiality of investment recommendations and investment strategy recommendations and is not subject to any prohibition on trading prior to the publication of such recommendations. As explained in the relevant sales prospectus, the distribution of the above-mentioned fund is subject to restrictions in certain jurisdictions. This document and the information contained herein may only be distributed or published in countries where this is permitted under the applicable legal provisions. This document may not be distributed directly or indirectly within the United States, to or on behalf of US persons or persons resident in the United States. 

Xtrackers® is a registered trademark of the DWS Group. 

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 110 012, April 22, 2026