# Xtrackers MSCI Emerging Markets Ex China UCITS ETF (XDEX) **Page:** https://fundology.uk/fund/xdex · ISIN IE00BM67HJ62 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, XDEX (Xtrackers MSCI Emerging Markets Ex China UCITS ETF, ISIN IE00BM67HJ62) closed at £126.14 on the London Stock Exchange. Its ongoing charge is 0.54% a year (about £54 on £10,000). Over the five years to 13/11/2026 its total return was +54.5%, or +20.6% after UK CPIH inflation. ## Summary Xtrackers MSCI Emerging Markets Ex China UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2015. It tracks the MSCI EM (Emerging Markets) ex China — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.54% a year — about £54 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. Latest close: **£126.14** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XDEX | | ISIN | IE00BM67HJ62 | | Also listed as | XDEG (London Stock Exchange, US dollars) | | Category | Emerging markets | | Type | ETF | | Provider | Xtrackers | | Tracks | MSCI EM (Emerging Markets) ex China | | Income | Accumulating | | Ongoing charge | 0.54% a year (£54 per £10,000) | | Fund size | £116m | | Launched | 2015 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 27/02/2015 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +27.48% | +22.96% | income reinvested | | 3 years | +71.06% | +54.55% | income reinvested | | 5 years | +54.49% | +20.59% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers MSCI Emerging Markets Ex China UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −10.2%, 2023 +2.9%, 2024 +4.9%, 2025 +26.7%; 2026 to 13/11/2026 +22.5%. Returns of Xtrackers MSCI Emerging Markets Ex China UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +48.8%; to 30/09/2025: +13.1%; to 30/09/2024: +10.4%; to 30/09/2023: +1.8%; to 30/09/2022: −5.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -10.2% | -17.8% | Price | | 2023 | +2.9% | -1.2% | Price | | 2024 | +4.9% | +1.3% | Price | | 2025 | +26.7% | +22.4% | Price | | 2026 to 13/11/2026 | +22.5% | +18.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 24.72% | -18.88% | | 3 years | 17.86% | -18.88% | | 5 years | 16.81% | -18.88% | ## Largest fall Volatility of Xtrackers MSCI Emerging Markets Ex China UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 24.7% over 1 year, 17.9% over 3 years, 16.8% over 5 years. Largest fall in the price of Xtrackers MSCI Emerging Markets Ex China UCITS ETF since November 2021, in pounds: −18.9% from 19/06/2026 to 06/11/2026. The lowest 12-month return of Xtrackers MSCI Emerging Markets Ex China UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −15.3% (12 months to 28/10/2022); the highest was +79.6% (12 months to 19/06/2026). On 13/11/2026 the price of Xtrackers MSCI Emerging Markets Ex China UCITS ETF was 15.2% below its highest weekly close since November 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers MSCI Emerging Markets Ex China UCITS ETF 0.54% a year. Compared on 14/11/2026, 45 of the 151 other emerging-market share funds charge more, 0 the same and 106 less (share classes counted once). ## Funds tracking the same index 3 funds track MSCI EM (Emerging Markets) ex China, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.54% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi MSCI Emerging Ex China Swap UCITS ETF Acc Capitalisation | 0.15% | +27.4% | +80.0% | +67.9% | | iShares MSCI EM ex-China UCITS ETF | 0.18% | +27.4% | +81.0% | +58.9% | | Xtrackers MSCI Emerging Markets Ex China UCITS ETF (this fund) | 0.54% | +27.5% | +71.1% | +54.5% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.54%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 15/11/2026, XDEX holds 627 positions, according to its published holdings. The largest is TSMC at 19.54% of the fund; the ten largest make up 41.4%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 19.54% | | 2 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 8.17% | | 3 | SK hynix | [000660](https://fundology.uk/stock/000660) | 5.82% | | 4 | MediaTek | [2454](https://fundology.uk/stock/2454) | 1.88% | | 5 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 1.13% | | 6 | HDFC Bank | [HDFCBANK](https://fundology.uk/stock/HDFCBANK) | 1.10% | | 7 | Hon Hai Precision Industry | [2317](https://fundology.uk/stock/2317) | 1.00% | | 8 | ICICI Bank | [ICICIBANK](https://fundology.uk/stock/ICICIBANK) | 1.00% | | 9 | Reliance Industries | [RELIANCE](https://fundology.uk/stock/RELIANCE) | 0.91% | | 10 | Delta Electronics | [2308](https://fundology.uk/stock/2308) | 0.82% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 15/11/2026. | Sector | Weight | |---|---| | Information Technology | 47.0% | | Financials | 20.9% | | Industrials | 6.3% | | Materials | 6.1% | | Consumer Discretionary | 4.0% | | Energy | 3.6% | | Communication Services | 3.4% | | Consumer Staples | 2.9% | | Other sectors | 4.9% | | Not classified | 0.8% | ### By country Added up from the fund’s published holdings, as of 15/11/2026. | Country | Weight | |---|---| | Taiwan | 34.7% | | South Korea | 22.9% | | India | 16.3% | | Brazil | 4.8% | | South Africa | 4.0% | | Saudi Arabia | 3.1% | | Mexico | 2.5% | | United Arab Emirates | 1.8% | | Other countries | 9.7% | ### By type of asset Added up from the fund’s published holdings, as of 15/11/2026. | Type of asset | Weight | |---|---| | Equity | 99.3% | | Cash and money market | 0.7% | The 605 holdings on record (of 627 reported): https://fundology.uk/fund/xdex/holdings ## Questions people ask **What is the ongoing charge of XDEX?** The ongoing charge of XDEX is 0.54% a year — about £54 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 MSCI Emerging Markets Ex China UCITS ETF 0.54% a year. Compared on 14/11/2026, 45 of the 151 other emerging-market share funds charge more, 0 the same and 106 less (share classes counted once). **What does XDEX track?** XDEX tracks the MSCI EM (Emerging Markets) ex China — companies in emerging economies such as China, India, Taiwan and Brazil. **Is XDEX accumulating or distributing?** XDEX 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 XDEX?** The ISIN of XDEX is IE00BM67HJ62. An ISIN identifies one exact share class of a fund; XDEX is its ticker on the London Stock Exchange. The same share class is also listed as XDEG (London Stock Exchange, US dollars). **What does XDEX hold?** As of 15/11/2026, XDEX holds 627 positions, according to its published holdings. The largest is TSMC at 19.54% of the fund; the ten largest make up 41.4%. Its ten largest holdings are TSMC (19.54%), Samsung Electronics (8.17%), SK hynix (5.82%), MediaTek (1.88%), Samsung Electronics (1.13%), HDFC Bank (1.10%), Hon Hai Precision Industry (1.00%), ICICI Bank (1.00%), Reliance Industries (0.91%) and Delta Electronics (0.82%). **What were XDEX’s returns in each of the last five years?** Calendar-year returns of XDEX in pounds (price, with income reinvested in the fund): 2022 −10.2%, 2023 +2.9%, 2024 +4.9%, 2025 +26.7%; 2026 to 13/11/2026 +22.5%. Past performance is not a guide to future returns. **How has XDEX done after inflation?** Over the five years to 13/11/2026 XDEX’s total return was +54.5%, or +20.6% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/IE00BM67HJ62-msci-emerging-markets-ex-china-ucits-etf-1c/) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.