Xtrackers MSCI Korea UCITS ETF 1C (DBX8.DE) is an exchange-traded fund that seeks to track the performance of the MSCI Korea 20/35 Custom Index, providing exposure to large- and mid-cap companies listed in South Korea across diversified sectors including technology, consumer discretionary, financials, and industrials; the fund employs full physical replication by holding all index constituents in their benchmark weightings, with the largest constituent capped at 35% and others at 20%, subject to a 10% buffer at rebalances. Launched on July 5, 2007, and domiciled in Luxembourg, the ETF is issued and managed under the Xtrackers brand by DWS Group, with assets under management of approximately EUR 63 million, a total expense ratio of 0.45% per annum, and accumulating distribution policy where dividends are reinvested. It trades primarily on the Xetra exchange in Germany under ticker DBX8, with additional listings including the London Stock Exchange (XKS2) and Hong Kong Stock Exchange (2848), targeting institutional and retail investors seeking unhedged USD-denominated South Korean equity exposure amid currency risk.
In December 2020, the ETF underwent a significant strategic change by switching its benchmark from the MSCI Korea Total Return Net Index to the current MSCI Korea 20/35 Custom Index to impose concentration limits and mitigate single-stock dominance risks. No major partnerships, acquisitions, funding rounds, or new product launches specific to this ETF have been announced in the last 1-2 years; however, the broader Xtrackers platform by DWS has focused on retail investor growth across Europe and geographic expansion as of late 2025, contributing to record assets under management for the parent firm. The fund maintains UCITS compliance, with administration by State Street Bank International GmbH Luxembourg Branch and investment advice from DWS Investments UK Limited, operating without sustainability screens or leverage.