- CEO
- Steven van Rijswijk
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Oct 16, 2025
- Business
- Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF (NYSEARCA: ACSG), managed by DWS Group (formerly Deutsche Bank Asset Management), is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the MSCI ACWI ex USA ESG Leaders Index. The underlying index captures large- and mid-cap representation across developed markets (excluding the United States) and emerging markets, covering approximately 85% of the global equity opportunity set outside the US, while selecting companies that rank in the top 50% of each sector on environmental, social, and governance (ESG) criteria relative to sector peers. Launched on December 6, 2018, and domiciled in the United States, the ETF excludes issuers involved in controversial sectors such as alcohol, tobacco, gambling, weapons, nuclear power, and civilian firearms, with holdings weighted by free-float adjusted market capitalization to maintain sector alignment with the parent MSCI ACWI ex USA Index; top exposures as of recent data include Taiwan Semiconductor Manufacturing (10.24%), Tencent Holdings (6.58%), Alibaba Group (4.68%), Samsung Electronics (2.27%), and Pinduoduo (1.32%), with significant geographic allocations to China (31.13%), Taiwan (20.35%), India (17.79%), and South Korea (8.92%). The fund offers investors low-cost ESG leadership exposure (net expense ratio of 0.16%) to global ex-US equities, targeting institutional and retail investors focused on sustainable strategies under Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR).
In August 2021, the fund underwent a significant operational change, renaming from its original ticker ACSG to EMCR (Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF under EMCR on select platforms), though legacy references to ACSG persist in some financial databases amid a recent ticker reuse by American Century Investments' unrelated Small Cap Growth Insights ETF launched in October 2025. DWS continues to manage the ETF as part of its Xtrackers platform, which oversees over $25 billion in US assets and emphasizes physical replication with semi-annual index rebalancing. No major acquisitions, funding rounds, new product launches, or strategic partnerships specific to this fund have been announced in the last 1-2 years, reflecting stable operations amid broader Xtrackers developments like index name adjustments to replace "ESG Screened" with "Screened" in unrelated sub-funds effective February 2025.