# Xtrackers MSCI KOREA UCITS ETF (XKS2)

**Page:** https://fundology.uk/fund/xks2 · ISIN LU0292100046

## 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, XKS2 (Xtrackers MSCI KOREA UCITS ETF, ISIN LU0292100046) closed at £135.89 on the London Stock Exchange. Its ongoing charge is 0.62% a year (about £62 on £10,000). Over the five years to 13/11/2026 its total return was +105.5%, or +60.4% after UK CPIH inflation.

## Summary

Xtrackers MSCI KOREA UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2007. It tracks the MSCI Korea 20-35 Custom Index - EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.62% a year — about £62 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: **£135.89** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XKS2 |
| ISIN | LU0292100046 |
| Also listed as | XKSD (London Stock Exchange, US dollars), DBX8 (Xetra, euros) |
| Category | Emerging markets |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | MSCI Korea 20-35 Custom Index - EUR |
| Income | Accumulating |
| Ongoing charge | 0.62% a year (£62 per £10,000) |
| Fund size | £362m |
| Launched | 2007 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2011 |

## 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 | +57.85% | +52.26% | income reinvested |
| 3 years | +143.64% | +120.12% | income reinvested |
| 5 years | +105.49% | +60.40% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Xtrackers MSCI KOREA UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −19.6%, 2023 +13.4%, 2024 −18.6%, 2025 +85.0%; 2026 to 13/11/2026 +42.0%. Returns of Xtrackers MSCI KOREA UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +130.4%; to 30/09/2025: +28.9%; to 30/09/2024: +3.0%; to 30/09/2023: +14.4%; to 30/09/2022: −26.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -19.6% | -26.4% | Price |
| 2023 | +13.4% | +8.9% | Price |
| 2024 | -18.6% | -21.4% | Price |
| 2025 | +85.0% | +78.6% | Price |
| 2026 to 13/11/2026 | +42.0% | +37.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 47.25% | -35.89% |
| 3 years | 32.85% | -35.89% |
| 5 years | 28.58% | -35.89% |

## Largest fall

Volatility of Xtrackers MSCI KOREA UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 47.2% over 1 year, 32.9% over 3 years, 28.6% over 5 years. Largest fall in the price of Xtrackers MSCI KOREA UCITS ETF since November 2021, in pounds: −35.9% from 19/06/2026 to 06/11/2026. The lowest 12-month return of Xtrackers MSCI KOREA UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −29.6% (12 months to 01/07/2022); the highest was +253.7% (12 months to 29/05/2026). On 13/11/2026 the price of Xtrackers MSCI KOREA UCITS ETF was 34.1% below its highest weekly close since November 2021 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers MSCI KOREA UCITS ETF 0.62% a year. Compared on 14/11/2026, 34 of the 151 other emerging-market share funds charge more, 0 the same and 117 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.62%** per year (as of 13/11/2026)
- 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, XKS2 holds 74 positions, according to its published holdings. The largest is Samsung Electronics at 28.38% of the fund; the ten largest make up 65.9%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 28.38% |
| 2 | SK hynix | [000660](https://fundology.uk/stock/000660) | 16.55% |
| 3 | SK Square | [402340](https://fundology.uk/stock/402340) | 4.03% |
| 4 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 3.94% |
| 5 | KB Financial Group | [105560](https://fundology.uk/stock/105560) | 2.82% |
| 6 | Samsung Electro-Mechanics | [009150](https://fundology.uk/stock/009150) | 2.74% |
| 7 | Hyundai Motor | [005380](https://fundology.uk/stock/005380) | 1.96% |
| 8 | Shinhan Financial Group | [055550](https://fundology.uk/stock/055550) | 1.95% |
| 9 | Hana Financial Group | [086790](https://fundology.uk/stock/086790) | 1.78% |
| 10 | Celltrion | [068270](https://fundology.uk/stock/068270) | 1.75% |

## 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 | 54.3% |
| Industrials | 17.2% |
| Financials | 11.5% |
| Consumer Discretionary | 5.8% |
| Health Care | 3.4% |
| Communication Services | 3.0% |
| Materials | 1.7% |
| Consumer Staples | 1.6% |
| Other sectors | 1.3% |

All 74 holdings: https://fundology.uk/fund/xks2/holdings

## Questions people ask

**What is the ongoing charge of XKS2?**

The ongoing charge of XKS2 is 0.62% a year — about £62 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 KOREA UCITS ETF 0.62% a year. Compared on 14/11/2026, 34 of the 151 other emerging-market share funds charge more, 0 the same and 117 less (share classes counted once).

**What does XKS2 track?**

XKS2 tracks the MSCI Korea 20-35 Custom Index - EUR.

**Is XKS2 accumulating or distributing?**

XKS2 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 XKS2?**

The ISIN of XKS2 is LU0292100046. An ISIN identifies one exact share class of a fund; XKS2 is its ticker on the London Stock Exchange. The same share class is also listed as XKSD (London Stock Exchange, US dollars) and DBX8 (Xetra, euros).

**What does XKS2 hold?**

As of 15/11/2026, XKS2 holds 74 positions, according to its published holdings. The largest is Samsung Electronics at 28.38% of the fund; the ten largest make up 65.9%. Its ten largest holdings are Samsung Electronics (28.38%), SK hynix (16.55%), SK Square (4.03%), Samsung Electronics (3.94%), KB Financial Group (2.82%), Samsung Electro-Mechanics (2.74%), Hyundai Motor (1.96%), Shinhan Financial Group (1.95%), Hana Financial Group (1.78%) and Celltrion (1.75%).

**What were XKS2’s returns in each of the last five years?**

Calendar-year returns of XKS2 in pounds (price, with income reinvested in the fund): 2022 −19.6%, 2023 +13.4%, 2024 −18.6%, 2025 +85.0%; 2026 to 13/11/2026 +42.0%. Past performance is not a guide to future returns.

**How has XKS2 done after inflation?**

Over the five years to 13/11/2026 XKS2’s total return was +105.5%, or +60.4% 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/LU0292100046-msci-korea-ucits-etf-1c/)
- 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.