Relevance of strategy
This ETF represents passive exposure to the German large cap equities.
Liquidity
The ETF is listed on multiple Europe exchanges in various currencies.
Xtrackers is the branding of the ETF and ETC business from DWS Group, a German-based global asset management company. DWS was originally Deutsche Bank’s asset management business and was spun off via IPO in 2018, though Deutsche Bank still holds majority shares in DWS. DWS manages over 1tn EUR of assets with majority from Germany and EMEA. The Xtrackers products are part of the passive investment solution offerings that comprise 1/3 of the overall assets.
The Xtrackers DAX UCITS ETF is a passive index solution that tracks the DAX Index using a full physical replication approach. The index is a free float-adjusted market cap index that tracks the 40 largest and most liquid German companies listed in EUR on the Frankfurt Stock Exchange, with a component cap of 15%. The ETF has ~40 holdings similar to the index.