# Xtrackers MSCI World UCITS ETF GBP Hedged Dist (XDWG)

**Page:** https://fundology.uk/fund/xdwg · ISIN IE00BZ1BS790

## 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, XDWG (Xtrackers MSCI World UCITS ETF GBP Hedged Dist, ISIN IE00BZ1BS790) closed at £31.57 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the five years to 13/11/2026 its total return was +67.0%, or +30.3% after UK CPIH inflation.

## Summary

Xtrackers MSCI World UCITS ETF GBP Hedged Dist is an exchange-traded fund (ETF) from Xtrackers, launched in 2017. It tracks the MSCI World Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.14% a year — about £14 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£31.57** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XDWG |
| ISIN | IE00BZ1BS790 |
| Category | Global shares |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | MSCI World Index |
| Income | Distributing |
| Ongoing charge | 0.14% a year (£14 per £10,000) |
| Fund size | £411m |
| Launched | 2017 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 31/07/2017 |

## 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 | +13.29% | +9.28% | income reinvested |
| 3 years | +75.24% | +58.32% | income reinvested |
| 5 years | +66.99% | +30.34% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers MSCI World UCITS ETF GBP Hedged Dist in pounds (price only, income paid out not included): 2022 −19.9%, 2023 +21.5%, 2024 +19.7%, 2025 +16.7%; 2026 to 13/11/2026 +10.5%. Returns of Xtrackers MSCI World UCITS ETF GBP Hedged Dist in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +14.5%; to 30/09/2025: +16.8%; to 30/09/2024: +27.8%; to 30/09/2023: +15.9%; to 30/09/2022: −16.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -19.9% | -26.7% | Price |
| 2023 | +21.5% | +16.7% | Price |
| 2024 | +19.7% | +15.6% | Price |
| 2025 | +16.7% | +12.7% | Price |
| 2026 to 13/11/2026 | +10.5% | +6.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 10.95% | -7.09% |
| 3 years | 12.20% | -14.29% |
| 5 years | 13.99% | -23.83% |

## Largest fall

Volatility of Xtrackers MSCI World UCITS ETF GBP Hedged Dist in pounds, annualised from weekly returns to 13/11/2026: 11.0% over 1 year, 12.2% over 3 years, 14.0% over 5 years. Largest fall in the price of Xtrackers MSCI World UCITS ETF GBP Hedged Dist since November 2021, in pounds: −23.8% from 31/12/2021 to 14/10/2022. The lowest 12-month return of Xtrackers MSCI World UCITS ETF GBP Hedged Dist in pounds (price only, income paid out not included) since January 2021 was −21.0% (12 months to 04/11/2022); the highest was +34.5% (12 months to 25/10/2024). On 13/11/2026 the price of Xtrackers MSCI World UCITS ETF GBP Hedged Dist was 3.1% below its highest weekly close since November 2021 (13/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers MSCI World UCITS ETF GBP Hedged Dist 0.14% a year. Compared on 14/11/2026, 172 of the 207 other global share funds charge more, 4 the same and 31 less (share classes counted once).

## Funds tracking the same index

32 funds track MSCI World Index, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.50% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core MSCI World UCITS ETF Accum 2 USD | 0.07% | — | — | — |
| Amundi Core MSCI World UCITS ETF Accum USD | 0.13% | +10.8% | — | — |
| Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- | 0.20% | +10.9% | +62.1% | — |
| Amundi MSCI World Swap -UCITS ETF- Capitalisation | 0.38% | +11.5% | +60.7% | +64.3% |
| Amundi MSCI World Swap II UCITS ETF Act -Dist- | 0.30% | +10.7% | +60.9% | +65.9% |
| Amundi MSCI World Swap II UCITS ETF Act -Monthly Hedged to EUR - Dist- | 0.30% | +4.9% | +56.7% | +51.6% |
| Amundi MSCI World Swap II UCITS ETF Act -Monthly Hedged to USD - Dist- | 0.30% | +12.5% | +60.2% | +75.8% |
| BNP Paribas Easy ICAV - BNP Paribas Easy MSCI World UCITS ETF Accum-CAP- USD | 0.10% | +11.5% | — | — |
| HSBC MSCI WORLD UCITS ETF | 0.15% | +11.3% | — | — |
| HSBC MSCI World UCITS ETF USD | 0.15% | +11.3% | +62.3% | +66.6% |
| Invesco Markets PLC - Invesco MSCI World UCITS ETF USD | 0.05% | — | — | — |
| Invesco MSCI World UCITS ETF | 0.05% | +11.4% | +62.4% | +66.6% |
| iShares Core MSCI World UCITS ETF | 0.20% | +11.3% | +62.1% | +66.2% |
| iShares Core MSCI World UCITS ETF Hedged (Dist) | 0.30% | +5.4% | +59.3% | +51.4% |
| iShares Core MSCI World UCITS ETF Hedged GBP | 0.30% | +13.1% | +74.3% | +66.3% |
| iShares III PLC - iShares Core MSCI World UCITS ETF USD | 0.20% | +11.3% | — | — |
| Ishares Msci World Swap Ucits Etf | 0.12% | +11.5% | — | — |
| iShares MSCI World UCITS ETF USD (Dist) | 0.50% | +10.9% | +60.6% | +63.7% |
| iShares VI PLC - iShares MSCI World Swap UCITS ETF AccumHedged GBP | 0.13% | +12.8% | — | — |
| State Street SPDR MSCI World UCITS ETF - USD | 0.12% | — | — | — |
| State Street SPDR MSCI World UCITS ETF Accum Shs USD | 0.12% | +10.9% | +62.2% | +66.8% |
| UBS (Irl) ETF PLC - UBS Core MSCI World UCITS ETF A- Hedged GBP | 0.09% | +13.3% | — | — |
| UBS (Irl) ETF PLC - UBS Core MSCI World UCITS ETF Accum A Hedged GBP | 0.09% | — | — | — |
| UBS (Lux) Fund Solutions SICAV - UBS MSCI World UCITS ETF -USD dis- Distribution | 0.30% | +10.7% | +60.6% | +63.7% |
| UBS Core MSCI World UCITS ETF Accum Shs -A- USD | 0.06% | +11.4% | +62.7% | +66.2% |
| UBS Core MSCI World UCITS ETF Class -A- USD | 0.06% | +11.4% | +62.7% | +66.2% |
| Xtrackers MSCI World Swap UCITS ETF | 0.19% | +11.4% | +62.8% | — |
| Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 1C | 0.45% | +11.7% | +61.7% | +65.5% |
| Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 4C | 0.39% | +5.4% | +59.7% | +52.0% |
| Xtrackers MSCI World UCITS ETF | 0.12% | +11.3% | +62.2% | +66.2% |
| Xtrackers MSCI World UCITS ETF Dist | 0.12% | +11.3% | +62.4% | +66.5% |
| Xtrackers MSCI World UCITS ETF GBP Hedged Dist (this fund) | 0.14% | +13.3% | +75.2% | +67.0% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.14%** per year (as of 10/11/2026)
- 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, XDWG holds 1,261 positions, according to its published holdings. The largest is Apple at 5.79% of the fund; the ten largest make up 26.4%.

### Top holdings

Largest positions (as of 15/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 5.79% |
| 2 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 4.24% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 4.10% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 2.88% |
| 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 1.95% |
| 6 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 1.83% |
| 7 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 1.53% |
| 8 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 1.52% |
| 9 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 1.27% |
| 10 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 1.26% |

## 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 | 28.6% |
| Financials | 16.5% |
| Industrials | 10.8% |
| Health Care | 10.3% |
| Consumer Discretionary | 9.1% |
| Communication Services | 7.5% |
| Consumer Staples | 5.4% |
| Energy | 4.2% |
| Other sectors | 7.4% |
| Not classified | 0.3% |

### By country

Added up from the fund’s published holdings, as of 15/11/2026.

| Country | Weight |
|---|---|
| United States | 72.1% |
| Japan | 5.5% |
| United Kingdom | 3.4% |
| Canada | 3.3% |
| Switzerland | 2.4% |
| France | 2.2% |
| Germany | 2.1% |
| Australia | 1.7% |
| Other countries | 7.2% |

### By type of asset

Added up from the fund’s published holdings, as of 15/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.7% |
| Cash and money market | 0.3% |

The 1,219 holdings on record (of 1,261 reported): https://fundology.uk/fund/xdwg/holdings

## Questions people ask

**What is the ongoing charge of XDWG?**

The ongoing charge of XDWG is 0.14% a year — about £14 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 World UCITS ETF GBP Hedged Dist 0.14% a year. Compared on 14/11/2026, 172 of the 207 other global share funds charge more, 4 the same and 31 less (share classes counted once).

**What does XDWG track?**

XDWG tracks the MSCI World Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is XDWG accumulating or distributing?**

XDWG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of XDWG?**

The ISIN of XDWG is IE00BZ1BS790. An ISIN identifies one exact share class of a fund; XDWG is its ticker on the London Stock Exchange.

**What does XDWG hold?**

As of 15/11/2026, XDWG holds 1,261 positions, according to its published holdings. The largest is Apple at 5.79% of the fund; the ten largest make up 26.4%. Its ten largest holdings are Apple (5.79%), NVIDIA (4.24%), Microsoft (4.10%), Amazon (2.88%), Alphabet · Class A (1.95%), Broadcom (1.83%), Alphabet · Class C (1.53%), Meta Platforms · Class A (1.52%), Eli Lilly (1.27%) and Tesla (1.26%).

**What were XDWG’s returns in each of the last five years?**

Calendar-year returns of XDWG in pounds (price only, income paid out not included): 2022 −19.9%, 2023 +21.5%, 2024 +19.7%, 2025 +16.7%; 2026 to 13/11/2026 +10.5%. Past performance is not a guide to future returns.

**How has XDWG done after inflation?**

Over the five years to 13/11/2026 XDWG’s total return was +67.0%, or +30.3% 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/IE00BZ1BS790-msci-world-ucits-etf-2d-gbp-hedged/)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.