Xtrackers Launches Europe Defence Technology ETF

The Xtrackers European Defence ETF tracks the performance of the STOXX Europe Total Market Defence Space and Cybersecurity Innovation Index. The ETF reflects the performance of European listed equities whose revenues or patent activities are linked to the themes of defence, space and cybersecurity. 

The STOXX Europe Total Market Defence Space and Cybersecurity Innovation Index tracks not only the performance of defence companies, but also manufacturers of satellite technology and developers of software to combat cyber attacks. To identify companies with significant revenue or innovation potential in these areas, STOXX uses a detailed breakdown of companies' revenues and patent data.

The index currently includes more than 20 European companies. The index members are weighted according to their market capitalisation. To diversify the portfolio and limit concentration risks, the maximum index weighting is capped at ten percent. The largest individual positions, each with an index weighting of around 10 percent, include Airbus, Rolls Royce, Safran, Rheinmetall, BAE Systems and DSV**.

‘With the launch of the Xtrackers European Defence ETF, we are offering investors an opportunity to invest in companies that can benefit from the growing momentum of the European defence sector,’ says Simon Klein, Global Head of Xtrackers Sales. ‘Our new ETF applies a diversified approach that also includes providers of space technology and cyber security, which are essential for modern defence systems,’ says Michael Mohr, Global Head of Xtrackers Product.

Product information

*Includes a temporary waiver of fees: The total expense ratio (TER) will be reduced from 25 basis points to 15 basis points for the first 12 months.

** The mention of individual securities is for illustrative purposes only and should not be construed as investment advice or a recommendation to buy or sell shares.

Source: DWS Group GmbH & Co. KGaA, as of 08/08/2025 

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, 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 1,010bn of total assets under management (as of 30 June 2025), is a leading European asset manager with global reach. With approximately 4,800 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 funds, 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 funds.

Investors can obtain these documents, including regulatory information and the current constitutional 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 a reliable indicator 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(s) 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 107 079, 21.08.2025