DWS Launches Xtrackers US 0-1 Year Treasury ETF (TRSY)

NEW YORK, NY – October 09, 2024 – DWS, one of the world’s leading asset managers, announced today the launch of the Xtrackers U.S. 0-1 Year Treasury ETF (CBOE: TRSY), designed to track the performance of the ICE U.S. Treasury Short Bond Index (IDCOTS). This new ETF provides investors exposure to U.S. Treasuries with a remaining maturity between one month and one year.

TRSY aims to address institutional and retail client needs, from cash management to portfolio diversification.

“As a versatile addition to our lineup to help investors manage risk and asset liquidity, this ETF highlights DWS’s commitment to providing investors with the tools to navigate market volatility,” says Henry Wu, Head of Xtrackers Products, U.S.

Amanda Rebello, Head of Xtrackers Sales, U.S. Onshore, said: “In the current interest rate environment, TRSY has the potential to offer investors with an opportunity to capitalize on yields at the short end of the curve, which are still higher than the historical average, despite the recent Fed action. Moreover, in periods of market uncertainty, it could serve as a useful risk-off tool to help preserve capital, providing a conservative risk-return profile.”  

Description of Underlying Index and Expense Ratios

The Xtrackers US 0-1 Year Treasury ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the ICE U.S. Treasury Short Bond Index, which is designed to track the performance of certain U.S. Treasury securities that have a remaining maturity between one month and one year. To qualify for the Index, a U.S. Treasury security must have (i) a greater than one-month and less than or equal to one-year remaining term to final maturity as of the Index’s rebalancing date; (ii) a fixed coupon schedule; and (iii) an adjusted amount outstanding of at least $300 million.

The ETF is competitively priced with net/gross expense ratios of 0.06%.

Xtrackers U.S., Global Product Suite, and AuM Update

The addition of TRSY expands the Xtrackers U.S. product suite to 41 funds, and as of June 30, 2024, approximately USD 21 billion in assets under management. Xtrackers globally now consists of over 200 UCITS ETFs as of June 30, 2024, with approximately EUR 291 billion in assets under management. Since January 2023, Xtrackers by DWS in the U.S. has launched 10 ETFs and has plans to continue to approach the market with innovative, cost-disruptive indexing strategies that give investors building blocks to various types of exposures.

To learn more about Xtrackers ETFs available in the U.S., please visit www.etf.dws.com/en-us/etf-products/