ETF · Xtrackers
XEQL Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USD
ISIN IE000FL46JJ1London Stock Exchange: XEQLDeutsche Bank AG
Latest close
LSE£30.26
on
- Ongoing charge
- 0.08% a year
- Fund size
- £20.3m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XEQL (Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USD, ISIN IE000FL46JJ1) closed at £30.26 on the London Stock Exchange. Its ongoing charge is 0.08% a year (about £8 on £10,000). Over the year to 13/11/2026 its total return was +18.8%, or +14.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +18.8%
- +14.6% 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 S&P 500 Equal Weight Swap UCITS ETF -1D- USD in pounds (price only, income paid out not included): 2026 to 13/11/2026 +16.9%. Returns of Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +11.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +16.9% | +13.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +11.3% | +7.4% |
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)
9.5%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since August 2025
- −5.5%
- From to
- Below its highest weekly close since August 2025
- 0.0%
- High of , latest
In words: Volatility of Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USD in pounds, annualised from weekly returns to 13/11/2026: 9.5% over 1 year. Largest fall in the price of Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USD since August 2025, in pounds: −5.5% from 27/02/2026 to 27/03/2026. On 13/11/2026 the price of Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USD was at its highest weekly close since August 2025, in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.08%
- a year
- On £10,000
- £8
- a year, roughly
- Over five years
- £40
- of £10,000, before growth
- 54 charge less
- 4 the same
- 196 charge more
Ongoing charge of Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USD 0.08% a year. Compared on 14/11/2026, 196 of the 254 other US share funds charge more, 4 the same and 54 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 S&P 500 Equal Weight Swap UCITS ETF -1D- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2025.
It tracks the S&P 500 Equal Weighted — about 500 of the largest companies listed 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 0.08% a year — about £8 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.
US shares: American companies, including the S&P 500 and Nasdaq-100 — the largest stock market in the world.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XEQL
- ISIN
- IE000FL46JJ1
- Also listed as
- XEQS (Xetra, US dollars)
- Provider
- Xtrackers
- Tracks
- S&P 500 Equal Weighted
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.08% a year · about £8 on £10,000
- Fund size
- £20.3m
- 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
- Pounds (GBP)
- Category
- US shares
Price chart
Over the last year, the closing price went from £25.84 on 14/11/2025 to £30.26 on 13/11/2026 (+17.1%). The lowest close shown was £25.50 on 21/11/2025 and the highest £30.26 on 13/11/2026.
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. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
63 weekly closes, from 29/08/2025 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
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How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 55
- 57 reported in all
- Ten largest
- 39.5%
- of the whole fund
- Effective number of holdings
- 37
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 5.3%
- Aon · Class A
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Aon · Class AAONFinancialsUnited States | 5.28% |
| 2 | MicrosoftMSFTInformation TechnologyUnited States | 4.41% |
| 3 | Bank of New York MellonBNYFinancialsUnited States | 4.25% |
| 4 | Berkshire Hathaway · Class BBRK.BFinancialsUnited States | 4.19% |
| 5 | Vivmark ResidentialVMRKReal EstateUnited States | 4.14% |
| 6 | WalmartWMTConsumer StaplesUnited States | 3.65% |
| 7 | IntelINTCInformation TechnologyUnited States | 3.61% |
| 8 | AmazonAMZNConsumer DiscretionaryUnited States | 3.56% |
| 9 | ExxonMobilXOMEnergyUnited States | 3.24% |
| 10 | Northern TrustNTRSFinancialsUnited States | 3.21% |
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 55 largest and what changed since .
All holdings
The fund publishes 57 holdings; the ten largest make up 39.5% 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. 100.0% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Finance34.8%
- Electronic Technology18.4%
- Technology Services13.6%
- Retail Trade7.2%
- Energy Minerals4.7%
- Health Technology3.9%
- Health Services3.5%
- Non-Energy Minerals3.3%
- Other classified sectors10.6%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
11 funds track S&P 500 Equal Weighted, this one included and share classes counted once; their ongoing charges range from 0.08% to 0.20% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi S&P 500 Equal Weight -UCITS ETF ACC- CapitalisationAccumulating · 0.12% a year | 0.12% | +18.2% | Not reported | Not reported |
| Invesco S&P 500 Equal Weight UCITS ETF USDDistributing · 0.20% a year | 0.20% | +16.7% | +50.1% | Not reported |
| Invesco S&P 500 Equal Weight Swap UCITS ETF AccumUSDAccumulating · 0.20% a year | 0.20% | +19.3% | Not reported | Not reported |
| Invesco S&P 500 Equal Weight UCITS ETF AccumUSDAccumulating · 0.20% a year | 0.20% | +16.7% | +50.1% | Not reported |
| iShares S&P 500 Equal Weight UCITS ETF AccumHedged GBPAccumulating · Currency hedged · 0.17% a year | 0.17% | +18.7% | Not reported | Not reported |
| iShares S&P 500 Equal Weight UCITS ETF AccumUSDAccumulating · 0.15% a year | 0.15% | +17.9% | Not reported | Not reported |
| UBS S&P 500 Equal Weight SF UCITS ETF AccumUSDAccumulating · 0.12% a year | 0.12% | +17.5% | Not reported | Not reported |
| Xtrackers S&P 500 Equal Weight UCITS ETF Accum-1D- Hedged GBPDistributing · Currency hedged · 0.17% a year | 0.17% | +18.6% | +62.7% | +29.3% |
| Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USDThis fundDistributing · 0.08% a year | 0.08% | +18.8% | Not reported | Not reported |
| Xtrackers S&P 500 Equal Weight UCITS ETFAccumulating · 0.15% a year | 0.15% | +17.8% | +52.6% | +50.1% |
| Xtrackers S&P 500 Equal Weight UCITS ETF 2D USDDistributing · 0.15% a year | 0.15% | +17.8% | Not reported | Not reported |
As of
S&P 500 Equal Weighted funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- Xtrackers S&P 500 Equal Weight UCITS ETF Accum-1D- Hedged GBPDistributing · Currency hedged · 0.17% a year · IE000N5GJDD7
- Xtrackers S&P 500 Equal Weight UCITS ETFAccumulating · 0.15% a year · IE00BLNMYC90
- Xtrackers S&P 500 Equal Weight UCITS ETF 2D USDDistributing · 0.15% a year · IE000CXLGK86
Read more:Share classesAccumulating or incomeCurrency hedging
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 accountLargest falls and recoveries
The 3 largest falls since August 2025, 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 and each large fall and its recovery
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Rank among similar funds
Rank by total return over 1 year among up to 192 US share funds, not currency-hedged, highest first.
Pro
Pro — currently by invitation
Pro includes the rank among similar funds
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 XEQL?
The ongoing charge of XEQL is 0.08% a year — about £8 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 S&P 500 Equal Weight Swap UCITS ETF -1D- USD 0.08% a year. Compared on 14/11/2026, 196 of the 254 other US share funds charge more, 4 the same and 54 less (share classes counted once).
What does XEQL track?
XEQL tracks the S&P 500 Equal Weighted — about 500 of the largest companies listed in the US.
Is XEQL accumulating or distributing?
XEQL is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of XEQL?
The ISIN of XEQL is IE000FL46JJ1. An ISIN identifies one exact share class of a fund; XEQL is its ticker on the London Stock Exchange. The same share class is also listed as XEQS (Xetra, US dollars).
What does XEQL hold?
XEQL 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 XEQL’s returns in each of the last five years?
Calendar-year returns of XEQL in pounds (price only, income paid out not included): 2026 to 13/11/2026 +16.9%. Past performance is not a guide to future returns.
How has XEQL done after inflation?
Over the year to 13/11/2026 XEQL’s total return was +18.8%, or +14.6% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- CSP1iShares Core S&P 500 UCITS ETF0.07% a year · £116bn
- VUSAVanguard S&P 500 UCITS ETF0.07% a year · £40bn
- SPXPInvesco S&P 500 UCITS ETF0.05% a year · £31bn
- VUAGVanguard S&P 500 UCITS ETF Acc0.07% a year · £29bn
- CNX1iShares NASDAQ 100 UCITS ETF USD0.30% a year · £21bn
- IUSAiShares Core S&P 500 UCITS ETF USD (Dist)0.07% a year · £17bn
- SPX5State Street SPDR S&P 500 UCITS ETF USD0.03% a year · £16bn
- SPXLState Street SPDR S&P 500 UCITS ETF0.03% a year · £15bn
Fund documents and methods
- Fund documents
- Fund page at Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
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