ETF · Xtrackers
XCSI Xtrackers CSI500 Swap UCITS ET
ISIN LU2788421340London Stock Exchange: XCSIDeutsche Bank AG
- Smaller companies
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE$46.81
on
- Ongoing charge
- 0.35% a year
- Fund size
- £55.8m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XCSI (Xtrackers CSI500 Swap UCITS ET, ISIN LU2788421340) closed at $46.81 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the year to 13/11/2026 its total return was +8.4%, or +4.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +8.4%
- +4.6% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET in pounds (price, with income reinvested in the fund): 2025 +49.5%; 2026 to 13/11/2026 −1.5%. Returns of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +18.7%; to 30/09/2025: +52.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −1.5% | −4.7% | |
| to | +49.5% | +44.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +18.7% | +14.5% |
| from | +52.7% | +46.8% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
26.3%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since August 2024
- −26.1%
- From to
- Lowest 12-month return
- −1.5%
- 12 months to
- Highest 12-month return
- +86.0%
- 12 months to
- Below its highest weekly close since August 2024
- 23.0%
- High of , latest
In words: Volatility of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET in pounds, annualised from weekly returns to 13/11/2026: 26.3% over 1 year. Largest fall in the price of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET since August 2024, in pounds: −26.1% from 26/06/2026 to 30/10/2026. The lowest 12-month return of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET in pounds (price, with income reinvested in the fund) since August 2024 was −1.5% (12 months to 30/10/2026); the highest was +86.0% (12 months to 19/06/2026). On 13/11/2026 the price of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET was 23.0% below its highest weekly close since August 2024 (26/06/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.35%
- a year
- On £10,000
- £35
- a year, roughly
- Over five years
- £174
- of £10,000, before growth
- 21 charge less
- 2 the same
- 13 charge more
Ongoing charge of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET 0.35% a year. Compared on 14/11/2026, 13 of the 36 other smaller-company funds charge more, 2 the same and 21 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET is an exchange-traded fund (ETF) from Xtrackers, launched in 2024.
It tracks the CSI Smallcap 500 Index - Benchmark TR Net.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Smaller companies: Smaller firms, which can grow faster than large ones but whose prices usually swing more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XCSI
- ISIN
- LU2788421340
- Provider
- Xtrackers
- Tracks
- CSI Smallcap 500 Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.35% a year · about £35 on £10,000
- Fund size
- £55.8m
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- Smaller companies
Price chart
Over the last year, the closing price went from $44.90 on 14/11/2025 to $46.81 on 13/11/2026 (+4.2%). The lowest close shown was $43.79 on 21/11/2025 and the highest $61.02 on 03/07/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history.
As of , at least 15 min delayed
Five years of prices, and after inflation
117 weekly closes, from 16/08/2024 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 101
- 109 reported in all
- Ten largest
- 28.1%
- of the whole fund
- Effective number of holdings
- 63
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 4.6%
- Amazon
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AmazonAMZNConsumer DiscretionaryUnited States | 4.61% |
| 2 | Alphabet · Class AGOOGLCommunication ServicesUnited States | 3.90% |
| 3 | MerckMRKHealth CareUnited States | 3.24% |
| 4 | NVIDIANVDAInformation TechnologyUnited States | 2.86% |
| 5 | SynopsysSNPSInformation TechnologyUnited States | 2.61% |
| 6 | Advanced Micro DevicesAMDInformation TechnologyUnited States | 2.60% |
| 7 | CenteneCNCHealth CareUnited States | 2.29% |
| 8 | Palantir Technologies · Class APLTRInformation TechnologyUnited States | 2.17% |
| 9 | TeslaTSLAConsumer DiscretionaryUnited States | 2.11% |
| 10 | Bank of New York MellonBNYFinancialsUnited States | 1.76% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 109 holdings; the ten largest make up 28.1% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 99.2% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Technology Services24.6%
- Electronic Technology20.1%
- Retail Trade10.3%
- Health Technology9.5%
- Finance6.4%
- Consumer Durables5.0%
- Producer Manufacturing4.8%
- Consumer Non-Durables4.0%
- Other classified sectors14.4%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountRolling returns
The full range of 65 rolling 12-month returns since August 2024, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since August 2024, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (113 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of XCSI?
The ongoing charge of XCSI is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Xtrackers SICAV - Xtrackers CSI500 Swap UCITS ET 0.35% a year. Compared on 14/11/2026, 13 of the 36 other smaller-company funds charge more, 2 the same and 21 less (share classes counted once).
What does XCSI track?
XCSI tracks the CSI Smallcap 500 Index - Benchmark TR Net.
Is XCSI accumulating or distributing?
XCSI is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of XCSI?
The ISIN of XCSI is LU2788421340. An ISIN identifies one exact share class of a fund; XCSI is its ticker on the London Stock Exchange.
What does XCSI hold?
XCSI is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 15/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.
What were XCSI’s returns in each of the last five years?
Calendar-year returns of XCSI in pounds (price, with income reinvested in the fund): 2025 +49.5%; 2026 to 13/11/2026 −1.5%. Past performance is not a guide to future returns.
How has XCSI done after inflation?
Over the year to 13/11/2026 XCSI’s total return was +8.4%, or +4.6% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- WLDSiShares MSCI World Small Cap UCITS ETF0.35% a year · £6.9bn
- R2SCState Street SPDR RUSSELL 2000 U.S. SMALL CAP UCITS ETF Accum Ptg USD0.30% a year · £3.6bn
- XXSCXtrackers MSCI Europe Small Cap UCITS ETF Capitalisation 1C0.33% a year · £2.9bn
- CUS1iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETF Accum.Ptg.Shs USD0.43% a year · £2.1bn
- ISP6iShares S&P SmallCap 600 UCITS ETF USD0.30% a year · £1.9bn
- WOSCState Street SPDR MSCI World Small Cap UCITS ETF0.45% a year · £1.3bn
- AVSGAvantis Global Small Cap Value UCITS ETF AccumUSD0.39% a year · £1.2bn
- USSCState Street SPDR MSCI USA Small Cap Value Weighted UCITS ETF Accum Ptg USD0.30% a year · £806m
Fund documents and methods
- Fund documents
- Fund page at Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
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