# Xtrackers S&P 500 Swap II UCITS ETF -1D- USD (XISP)

**Source:** https://fundology.uk/fund/xisp · ISIN IE000FO05UG4 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (Xtrackers), ONS CPIH, FCA FIRDS

## 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 01/10/2026, XISP (Xtrackers S&P 500 Swap II UCITS ETF -1D- USD, ISIN IE000FO05UG4) closed at £31.69 on the London Stock Exchange. Its ongoing charge is 0.04% a year (about £4 on £10,000). Over the year to 01/10/2026 its total return was +14.7%, or +11.1% after UK CPIH inflation.

## Summary

Xtrackers S&P 500 Swap II UCITS ETF -1D- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2025. It tracks the S&P 500 — 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 0.04% a year — about £4 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.

Latest close: **£31.69** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XISP |
| ISIN | IE000FO05UG4 |
| Category | US shares |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | S&P 500 |
| Income | Distributing |
| Ongoing charge | 0.04% a year (£4 per £10,000) |
| Fund size | £172m |
| Launched | 2025 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +14.73% | +11.13% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers S&P 500 Swap II UCITS ETF -1D- USD in pounds (price only, income paid out not included): 2026 to 01/10/2026 +13.0%. Returns of Xtrackers S&P 500 Swap II UCITS ETF -1D- USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +18.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 01/10/2026 | +13.0% | +9.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 11.45% | -7.03% |

## Largest fall

Volatility of Xtrackers S&P 500 Swap II UCITS ETF -1D- USD in pounds, annualised from weekly returns to 01/10/2026: 11.5% over 1 year. Largest fall in the price of Xtrackers S&P 500 Swap II UCITS ETF -1D- USD since August 2025, in pounds: −7.0% from 16/01/2026 to 27/03/2026. On 01/10/2026 the price of Xtrackers S&P 500 Swap II UCITS ETF -1D- USD was 0.8% below its highest weekly close since August 2025 (23/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers S&P 500 Swap II UCITS ETF -1D- USD 0.04% a year, as of 02/10/2026: 201 of the 208 other US share funds charge more, 2 the same and 5 less (share classes counted once).

## Funds tracking the same index

41 funds track S&P 500, this one included and share classes counted once; their ongoing charges range from 0.03% to 0.45% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - S&P 500 UCITS ETF | 0.15% | +17.1% | +68.1% | +89.1% |
| Amundi Index Solutions - S&P 500 UCITS ETF | 0.15% | +17.5% | +70.6% | +35.5% |
| BNP PARIBAS EASY - S&P 500 II | 0.08% | +15.9% | — | — |
| BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG | 0.15% | +12.5% | +71.6% | +62.6% |
| BNP Paribas Easy S&P 500 UCITS ETF Class C USD | 0.15% | +18.0% | +69.8% | +90.2% |
| BNP Paribas Easy SICAV - S&P 500 II -UCITS ETF- Distribution | 0.08% | +15.9% | — | — |
| Global X ETFs ICAV-Global X S&P 500Covered Call UCITS ETF USD | 0.45% | +18.5% | +12.9% | — |
| HSBC ETFs PLC - HSBC S&P 500 UCITS ETF Accum USD | 0.09% | +17.0% | +24.8% | — |
| HSBC S&P 500 UCITS ETF USD | 0.09% | +17.0% | +67.7% | +88.1% |
| Invesco S&P 500 UCITS ETF | 0.05% | +17.2% | +68.6% | +90.0% |
| Invesco S&P 500 UCITS ETF | 0.05% | +17.7% | +71.3% | +92.7% |
| Invesco S&P 500 UCITS ETF Hedged GBP | 0.05% | +15.0% | +82.7% | +32.0% |
| iShares Core S&P 500 UCITS ETF | 0.07% | +17.0% | +67.8% | +88.3% |
| iShares Core S&P 500 UCITS ETF | 0.10% | +14.9% | +81.4% | +76.5% |
| iShares Core S&P 500 UCITS ETF | 0.12% | — | — | — |
| iShares Core S&P 500 UCITS ETF USD (Dist) | 0.07% | +17.0% | +67.8% | +88.2% |
| iShares S&P 500 GBP Hedged UCITS ETF (Acc) | 0.20% | +14.7% | +81.1% | +75.7% |
| iShares S&P 500 Swap UCITS ETF AccumUSD | 0.05% | +17.2% | +68.7% | +25.2% |
| iShares S&P 500 Swap UCITS ETF USD | 0.05% | +17.2% | +25.2% | — |
| iShares VI PLC - iShares S&P 500 Swap UCITS ETF Hedged USD | 0.05% | +15.1% | — | — |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap C-EUR | 0.09% | +26.1% | +66.2% | +94.2% |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap D USD | 0.05% | +17.2% | +68.6% | +89.8% |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap Daily Hedged D EUR | 0.07% | +10.9% | +71.4% | +65.9% |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap Daily Hedged to GBP D | 0.05% | +15.1% | +82.8% | +78.9% |
| State Street SPDR S&P 500 UCITS ETF Accum shs - USD | 0.03% | +17.1% | — | — |
| State Street SPDR S&P 500 UCITS ETF USD | 0.03% | +17.1% | +67.8% | +88.2% |
| UBS (Irl) Fund Solutions PLC- UBS S&P 500 SF UCITS ETF Accum Shs USD | 0.19% | +18.3% | +65.9% | +92.3% |
| UBS Core S&P 500 UCITS ETF -A- Hedged GBP | 0.06% | +15.3% | +83.3% | +78.1% |
| UBS Core S&P 500 UCITS ETF Accum -A- Hedged CHF | 0.06% | +7.3% | +62.6% | +71.4% |
| UBS Core S&P 500 UCITS ETF AccumUSD | — | +14.4% | — | — |
| UBS Core S&P 500 UCITS ETF Class -A- USD | 0.03% | +17.1% | +67.8% | +88.1% |
| Vanguard S&P 500 UCITS ETF | 0.07% | +17.4% | +68.2% | +88.8% |
| Vanguard S&P 500 UCITS ETF | 0.07% | +17.4% | +68.2% | +88.8% |
| Xtrackers S&P 500 Swap II UCITS ETF -1D- USD (this fund) | 0.04% | +14.7% | — | — |
| Xtrackers S&P 500 Swap UCITS ETF | 0.07% | +17.2% | +25.1% | — |
| Xtrackers S&P 500 Swap UCITS ETF | 0.20% | +14.8% | +81.5% | +31.3% |
| Xtrackers S&P 500 SWAP UCITS ETF Capitalisation 1C | 0.15% | +17.1% | +68.2% | +89.2% |
| Xtrackers S&P 500 UCITS ETF | 0.17% | +17.1% | +24.9% | — |
| Xtrackers S&P 500 UCITS ETF | 0.32% | +10.7% | +70.4% | +63.4% |
| Xtrackers S&P 500 UCITS ETF -4D- USD | 0.19% | +11.0% | — | — |
| Xtrackers S&P 500 UCITS ETF Accum Shs -2C- Hedged GBP | 0.21% | +14.9% | +81.5% | +76.0% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.04%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 01/10/2026, XISP holds 223 positions, according to the holdings Xtrackers publishes. The largest is Amazon at 5.46% of the fund; the ten largest make up 35.3%.

### Top holdings

Largest positions (as of 01/10/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 5.46% |
| 2 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 4.78% |
| 3 | Advanced Micro Devices | [AMD](https://fundology.uk/stock/AMD) | 4.01% |
| 4 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 3.70% |
| 5 | Home Depot | [HD](https://fundology.uk/stock/HD) | 3.45% |
| 6 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 2.98% |
| 7 | MercadoLibre | [MELI](https://fundology.uk/stock/MELI) | 2.95% |
| 8 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 2.75% |
| 9 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 2.61% |
| 10 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 2.60% |

Source: Xtrackers, holdings as published, as of 01/10/2026.

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

Added up from the holdings Xtrackers publishes, as of 01/10/2026.

| Sector | Weight |
|---|---|
| Information Technology | 40.5% |
| Consumer Discretionary | 17.4% |
| Financials | 11.4% |
| Industrials | 9.1% |
| Health Care | 6.7% |
| Consumer Staples | 4.6% |
| Energy | 4.2% |
| Communication Services | 3.9% |
| Other sectors | 2.3% |

### By country

Added up from the holdings Xtrackers publishes, as of 01/10/2026.

| Country | Weight |
|---|---|
| United States | 86.8% |
| Netherlands | 4.5% |
| Brazil | 3.0% |
| Germany | 2.9% |
| Portugal | 1.3% |
| Ireland | 0.6% |
| Finland | 0.5% |
| Luxembourg | 0.2% |
| Other countries | 0.3% |

All 223 holdings: https://fundology.uk/fund/xisp/holdings

## Questions people ask

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

The ongoing charge of XISP is 0.04% a year — about £4 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 Swap II UCITS ETF -1D- USD 0.04% a year, as of 02/10/2026: 201 of the 208 other US share funds charge more, 2 the same and 5 less (share classes counted once).

**What does XISP track?**

XISP tracks the S&P 500 — about 500 of the largest companies listed in the US.

**Is XISP accumulating or distributing?**

XISP 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 XISP?**

The ISIN of XISP is IE000FO05UG4. An ISIN identifies one exact share class of a fund; XISP is its ticker on the London Stock Exchange.

**What does XISP hold?**

As of 01/10/2026, XISP holds 223 positions, according to the holdings Xtrackers publishes. The largest is Amazon at 5.46% of the fund; the ten largest make up 35.3%. Its ten largest holdings are Amazon (5.46%), Micron Technology (4.78%), Advanced Micro Devices (4.01%), Tesla (3.70%), Home Depot (3.45%), NVIDIA (2.98%), MercadoLibre (2.95%), Apple (2.75%), Berkshire Hathaway · Class B (2.61%) and Microsoft (2.60%).

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

Calendar-year returns of XISP in pounds (price only, income paid out not included): 2026 to 01/10/2026 +13.0%. Past performance is not a guide to future returns.

**How has XISP done after inflation?**

Over the year to 01/10/2026 XISP’s total return was +14.7%, or +11.1% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.