Bringing you live news and features since 2006 

db X-trackers launches Christian-oriented ETF


db X-trackers, Deutsche Bank’s exchange-traded funds platform, has launched an exchange-traded fund for Christians who wish to invest in line with their faith.

The db x-trackers Stoxx Europe Christian Index ETF (DR) tracks the performance of a basket of stocks selected to comply with the values and principles of Christianity.

Companies are chosen from the broader Stoxx Europe 600 Index, with suitability for inclusion determined by an independent Christian faith commission.

Companies active in certain areas, such as the arms trade or gambling, are excluded from the index.

“The db x-trackers Stoxx Europe Christian Index ETF (DR) is a meaningful addition to our product range, giving faith and ethics-driven investors the flexibility to invest in line with their beliefs,” says Thorsten Michalik, global head of db X-trackers.  

“The Stoxx Europe Christian Index offers a broad coverage of European companies that act in an ethically and environmentally conscious and socially responsible manner and thus are in line with Christian values,” adds Hartmut Graf, chief executive officer of Stoxx. “By licensing the Stoxx Europe Christian Index, Deutsche Bank offers the first ETF based on the index.”

Unlike previously launched db x-trackers ETFs, the db x-trackers Stoxx Europe Christian Index ETF (DR) aims to replicate the performance of its underlying index by directly investing in a portfolio of liquid securities.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by