- Business
- Xtrackers MSCI Europe Energy ESG Screened UCITS ETF 1C (DXSD.DE) is an exchange-traded fund that seeks to track the performance of the MSCI Europe Energy ESG Screened 20-35 index, which includes large- and mid-cap European companies in the energy sector filtered for environmental, social, and governance (ESG) criteria. The ETF employs full physical replication by holding all index constituents, including top holdings such as Shell Plc (29.34%), BP Plc (17.79%), TotalEnergies SE (15.88%), Eni SpA (9.51%), and Equinor ASA (7.96%); it accumulates dividends for reinvestment, charges a total expense ratio (TER) of 0.20% p.a., maintains assets under management of approximately EUR 60 million, and operates without securities lending. Launched on June 26, 2007, and domiciled in Luxembourg as a UCITS-compliant SICAV structure, the fund is issued and managed by Xtrackers, the ETF platform of DWS Group GmbH, with headquarters in Frankfurt, Germany; it primarily targets institutional and retail investors seeking ESG-screened exposure to European energy equities across the United Kingdom, France, Norway, Italy, and other regions, excluding companies involved in weapons, tobacco, thermal coal, oil sands, or non-compliance with UN Global Compact principles, while capping the largest constituent at 35% and others at 20%.
In recent developments, DWS announced updates to ESG exclusion criteria for select Xtrackers ETFs effective January 5, 2026, removing certain thresholds for nuclear and conventional weapons while retaining screens for controversial weapons, MSCI ESG Rating 'CCC' companies, UN Global Compact violators, and revenue limits on tobacco, thermal coal, unconventional oil & gas, and coal expansion per the Urgewald Global Coal Exit List, though these changes do not directly impact DXSD.DE's policy. Xtrackers expanded its offerings through a partnership with Levler, launching six new ETFs on the Swedish digital savings platform in August 2025 to tap retail demand via commission-free trading until December 2026. Earlier in 2024, DWS partnered with Galaxy Digital Holdings to launch Xtrackers crypto ETCs providing institutional-grade bitcoin and ethereum exposure, alongside custody arrangements with Zodia Custody, reflecting broader strategic growth in passive products; the firm also outlined a multi-year plan emphasizing Xtrackers' global expansion, retail focus, and alternatives via partnerships in Europe, Americas, and Asia-Pacific. Note that a related product, Xtrackers MSCI Europe Energy ESG Screen UCITS ETF (XSER), was terminated in March 2024 due to MSCI index methodology changes reducing viable constituents, but DXSD.DE continues operations with 11 holdings. DWS Group, Xtrackers' parent, maintains administration via State Street Bank International GmbH Luxembourg Branch and investment advice from DWS Investments UK Ltd, with no reported acquisitions or reorganizations specific to this ETF in the last 1-2 years.