Since Thursday, four new ETFs issued by Xtrackers are tradable on Xetra and via the trading venue Börse Frankfurt.
The four new Xtrackers ETFs are designed to offer investors access to a broadly diversified portfolio of companies based in Europe, Japan, and the USA.
The Xtrackers STOXX Europe 600 UCITS ETF invests in the 600 largest companies from 17 developed European countries, weighted by market capitalisation. In addition to eurozone countries such as France, Germany, Spain, the Netherlands, and Italy, these also include Great Britain, Switzerland, and Scandinavian countries.
The Xtrackers MSCI Japan UCITS ETF focuses on Japanese companies from different sectors, which together cover 85 per cent of the market capitalisation there.
With the Xtrackers S&P 500 Equal Weight UCITS ETF, investors can invest in the 500 largest US companies, each of which is equally weighted at 0.2 per cent. With about 130 more US companies, the X trackers MSCI USA Swap UCITS ETF also offers access to the US market. The weighting is based on market capitalisation and performance is tracked using a swap approach.