ETF · Xtrackers
XEMN Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD
ISIN IE000TZT8TI0London Stock Exchange: XEMNDeutsche Bank AG
- Sustainable & clean energy
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE$62.36
on
- Ongoing charge
- 0.20% a year
- Fund size
- £17.2m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XEMN (Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD, ISIN IE000TZT8TI0) closed at $62.36 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the three years to 13/11/2026 its price changed by +73.0%, or +56.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +17.7%
- +13.5% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +73.0%
- +56.3% after inflation (UK CPIH)
Returns: as reported (delayed data) and worked out from recorded daily closes. 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 Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD in pounds (price, with income reinvested in the fund): 2023 +3.4%, 2024 +10.9%, 2025 +33.0%; 2026 to 13/11/2026 +14.2%. Returns of Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +34.1%; to 30/09/2025: +24.2%; to 30/09/2024: +17.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +14.2% | +10.6% | |
| to | +33.0% | +28.4% | |
| to | +10.9% | +7.1% | |
| +3.4% | −0.7% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +34.1% | +29.4% |
| from | +24.2% | +19.4% |
| from | +17.4% | +14.4% |
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)
17.6%over 3 years
| 1 year | 21.1% |
|---|---|
| 3 years | 17.6% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since December 2022
- −16.8%
- From to
- Lowest 12-month return
- −9.8%
- 12 months to
- Highest 12-month return
- +70.4%
- 12 months to
- Below its highest weekly close since December 2022
- 14.7%
- High of , latest
In words: Volatility of Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD in pounds, annualised from weekly returns to 13/11/2026: 21.1% over 1 year, 17.6% over 3 years. Largest fall in the price of Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD since December 2022, in pounds: −16.8% from 19/06/2026 to 06/11/2026. The lowest 12-month return of Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD in pounds (price, with income reinvested in the fund) since December 2022 was −9.8% (12 months to 02/02/2024); the highest was +70.4% (12 months to 19/06/2026). On 13/11/2026 the price of Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD was 14.7% below its highest weekly close since December 2022 (19/06/2026), 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
- 0.20%
- a year
- On £10,000
- £20
- a year, roughly
- Over five years
- £100
- of £10,000, before growth
- 42 charge less
- 15 the same
- 120 charge more
Ongoing charge of Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD 0.20% a year. Compared on 14/11/2026, 120 of the 177 other sustainable and clean-energy funds charge more, 15 the same and 42 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2022.
It tracks the Solactive ISS ESG Emerging Markets Net Zero Pathway PAB Index - USD - Benchmark TR Gross.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.2% a year — about £20 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.
Sustainable & clean energy: Funds that screen companies on environmental, social or governance grounds, or focus on clean energy.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XEMN
- ISIN
- IE000TZT8TI0
- Provider
- Xtrackers
- Tracks
- Solactive ISS ESG Emerging Markets Net Zero Pathway PAB 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
- 0.20% a year · about £20 on £10,000
- Fund size
- £17.2m
- Launched
- Domicile
- Ireland
- 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
- Sustainable & clean energy
Price chart
Over the last year, the closing price went from $53.72 on 14/11/2025 to $62.36 on 13/11/2026 (+16.1%). The lowest close shown was $52.14 on 21/11/2025 and the highest $73.15 on 19/06/2026.
One close a week. Before 07/08/2026 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
207 weekly closes, from 02/12/2022 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
- 773
- 843 reported in all
- Ten largest
- 44.4%
- of the whole fund
- Effective number of holdings
- 20
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 19.5%
- TSMC
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | TSMC2330Information TechnologyTaiwan | 19.54% |
| 2 | Samsung Electronics005930Information TechnologySouth Korea | 7.22% |
| 3 | SK hynix000660Information TechnologySouth Korea | 6.51% |
| 4 | Tencent700Communication ServicesChina | 3.64% |
| 5 | Alibaba GroupBABAConsumer DiscretionaryChina | 2.35% |
| 6 | MediaTek2454Information TechnologyTaiwan | 1.71% |
| 7 | China Construction Bank601939FinancialsChina | 1.10% |
| 8 | Samsung Electronics005930Information TechnologySouth Korea | 0.86% |
| 9 | Hon Hai Precision Industry2317Information TechnologyTaiwan | 0.75% |
| 10 | Industrial and Commercial Bank of China601398FinancialsChina | 0.68% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Information Technology44.1%
- Financials20.7%
- Consumer Discretionary7.4%
- Communication Services6.0%
- Industrials5.4%
- Health Care3.8%
- Consumer Staples3.3%
- Materials3.0%
- Other sectors2.7%
- Not classified3.6%
By country
- Taiwan32.1%
- China27.5%
- South Korea20.9%
- Brazil3.3%
- South Africa3.0%
- United Arab Emirates2.2%
- Mexico2.0%
- Thailand1.7%
- Other countries7.2%
By type of asset
- Equity99.6%
- Cash and money market0.4%
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 .
More of the portfolio
The fund publishes 843 holdings; the ten largest make up 44.4% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
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 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 155 rolling 12-month returns since December 2022, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since December 2022, 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 EM IMI UCITS ETF, over the three years to 13/11/2026 (156 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 XEMN?
The ongoing charge of XEMN is 0.20% a year — about £20 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 Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF -1C- USD 0.20% a year. Compared on 14/11/2026, 120 of the 177 other sustainable and clean-energy funds charge more, 15 the same and 42 less (share classes counted once).
What does XEMN track?
XEMN tracks the Solactive ISS ESG Emerging Markets Net Zero Pathway PAB Index - USD - Benchmark TR Gross.
Is XEMN accumulating or distributing?
XEMN 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 XEMN?
The ISIN of XEMN is IE000TZT8TI0. An ISIN identifies one exact share class of a fund; XEMN is its ticker on the London Stock Exchange.
What does XEMN hold?
As of 15/11/2026, XEMN holds 843 positions, according to its published holdings. The largest is TSMC at 19.54% of the fund; the ten largest make up 44.4%. Its ten largest holdings are TSMC (19.54%), Samsung Electronics (7.22%), SK hynix (6.51%), Tencent (3.64%), Alibaba Group (2.35%), MediaTek (1.71%), China Construction Bank (1.10%), Samsung Electronics (0.86%), Hon Hai Precision Industry (0.75%) and Industrial and Commercial Bank of China (0.68%).
What were XEMN’s returns in each of the last five years?
Calendar-year returns of XEMN in pounds (price, with income reinvested in the fund): 2023 +3.4%, 2024 +10.9%, 2025 +33.0%; 2026 to 13/11/2026 +14.2%. Past performance is not a guide to future returns.
How has XEMN done after inflation?
Over the three years to 13/11/2026 XEMN’s price changed by +73.0%, or +56.3% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- XESUXtrackers MSCI USA ESG UCITS ETF0.15% a year · £6.8bn
- SUSWiShares MSCI World SRI UCITS ETF Acc0.20% a year · £6.1bn
- XESWXtrackers MSCI World ESG UCITS ETF0.22% a year · £4.2bn
- UC44UBS ETF - MSCI World Socially Responsible UCITS ETF A Distribution0.20% a year · £3.7bn
- WESGAmundi MSCI World SRI Climate Paris Aligned UCITS ETF Accum EUR0.19% a year · £3.1bn
- IESGiShares MSCI Europe SRI UCITS ETF0.20% a year · £2.6bn
- SUUSiShares MSCI USA SRI UCITS ETF0.20% a year · £2.5bn
- PABGAmundi S&P Eurozone Climate Paris Aligned UCITS ETF Capitalisation0.28% a year · £2.4bn
Fund documents and methods
- Fund documents
- Fund page at Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.