Xtrackers MSCI China A Inclusion Equity ETF
ASHX
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- DE United States of America
- IPO Date
- Oct 21, 2015
- CIK
- 0001503123
- Similar Companies
- Business
- Xtrackers MSCI China A Inclusion Equity ETF (ASHX) is an exchange-traded fund managed by DBX Advisors LLC, a subsidiary of DWS Group GmbH & Co. KGaA, that seeks to track the performance, before fees and expenses, of the MSCI China A Inclusion Index. The fund normally invests at least 80% of its total assets in securities, including depositary receipts, of issuers that compose the underlying index, which is a market-cap-weighted benchmark designed to reflect the progressive partial inclusion of large- and mid-cap China A-shares accessible via the Stock Connect program between the Hong Kong, Shanghai, and Shenzhen stock exchanges; the index features representation across diversified sectors such as financials, consumer staples, and industrials, with quarterly reviews and semi-annual rebalances to maintain alignment with evolving equity market dynamics. Launched on October 20, 2015, and listed on NYSE Arca, the ETF is part of the DBX ETF Trust, domiciled in the United States, with assets under management of approximately $1.85 million and a net expense ratio of 0.60% as of recent data. The ETF provides investors with targeted exposure to onshore Chinese A-shares of growth and value stocks from large-cap companies operating in China, serving institutional and retail investors seeking efficient access to this emerging market segment without direct currency hedging. Geographic operations focus on China A-shares tradable through Stock Connect, enabling global investors to participate in mainland Chinese equities integrated into broader MSCI Emerging Markets benchmarks. In 2018, DWS repurposed the fund—previously the Xtrackers CSI 300 China A-Shares Hedged Equity ETF—by dropping its currency hedge, adopting the MSCI China A Inclusion Index as its benchmark, and renaming it to enhance cost efficiency, reducing the gross expense ratio to 60 basis points from 135 basis points; this strategic shift positioned ASHX as the most cost-effective pure China A-shares ETF in the U.S. market at the time. More recently, in February 2024, DWS announced product updates for ASHX alongside five other U.S.-listed ETFs as part of ongoing portfolio enhancements, though specific details for ASHX were not delineated beyond general maintenance. Xtrackers continues to expand its global ETF offerings under DWS, with headquarters in Frankfurt am Main, Germany, and a track record spanning over 20 years in passive index solutions.