# Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation (XMAS) **Page:** https://fundology.uk/fund/xmas · ISIN LU0292107991 ## 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, XMAS (Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation, ISIN LU0292107991) closed at £70.50 on the London Stock Exchange. Its ongoing charge is 0.65% a year (about £65 on £10,000). Over the five years to 13/11/2026 its total return was +46.1%, or +14.1% after UK CPIH inflation. ## Summary Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation is an exchange-traded fund (ETF) from Xtrackers, launched in 2007. It tracks the MSCI Emerging Markets Asia Select Screened Index - Benchmark TR Net — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.65% a year — about £65 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: **£70.50** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XMAS | | ISIN | LU0292107991 | | Also listed as | XMAD (London Stock Exchange, US dollars) | | Category | Emerging markets | | Type | ETF | | Provider | Xtrackers | | Tracks | MSCI Emerging Markets Asia Select Screened Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.65% a year (£65 per £10,000) | | Fund size | £282m | | 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 | +16.74% | +12.60% | income reinvested | | 3 years | +75.37% | +58.45% | income reinvested | | 5 years | +46.12% | +14.06% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −12.2%, 2023 +0.2%, 2024 +16.3%, 2025 +26.7%; 2026 to 13/11/2026 +13.7%. Returns of Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +32.7%; to 30/09/2025: +20.7%; to 30/09/2024: +19.2%; to 30/09/2023: +1.5%; to 30/09/2022: −14.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -12.2% | -19.6% | Price | | 2023 | +0.2% | -3.8% | Price | | 2024 | +16.3% | +12.3% | Price | | 2025 | +26.7% | +22.4% | Price | | 2026 to 13/11/2026 | +13.7% | +10.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 22.72% | -18.37% | | 3 years | 18.31% | -18.37% | | 5 years | 18.08% | -26.65% | ## Largest fall Volatility of Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 22.7% over 1 year, 18.3% over 3 years, 18.1% over 5 years. Largest fall in the price of Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation since November 2021, in pounds: −25.3% from 19/11/2021 to 28/10/2022. The lowest 12-month return of Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −23.4% (12 months to 28/10/2022); the highest was +66.9% (12 months to 19/06/2026). On 13/11/2026 the price of Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation was 15.7% below its highest weekly close since November 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers MSCI EM Asia Screened Swap UCITS ETF-1C- Capitalisation 0.65% a year. Compared on 14/11/2026, 21 of the 151 other emerging-market share funds charge more, 12 the same and 118 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.65%** 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 XMAS 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. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | T-Mobile US | [TMUS](https://fundology.uk/stock/TMUS) | 5.16% | | 2 | CME Group · Class A | [CME](https://fundology.uk/stock/CME) | 5.07% | | 3 | Blackstone | [BX](https://fundology.uk/stock/BX) | 4.78% | | 4 | Slb | [SLB](https://fundology.uk/stock/SLB) | 3.94% | | 5 | Public Service Enterprise Group | [PEG](https://fundology.uk/stock/PEG) | 3.88% | | 6 | Cisco Systems | [CSCO](https://fundology.uk/stock/CSCO) | 3.85% | | 7 | Realty Income | [O](https://fundology.uk/stock/O) | 3.24% | | 8 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 3.12% | | 9 | Roblox · Class A | [RBLX](https://fundology.uk/stock/RBLX) | 3.08% | | 10 | Wells Fargo | [WFC](https://fundology.uk/stock/WFC) | 2.68% | The 83 holdings on record (of 85 reported): https://fundology.uk/fund/xmas/holdings ## Questions people ask **What is the ongoing charge of XMAS?** The ongoing charge of XMAS is 0.65% a year — about £65 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 EM Asia Screened Swap UCITS ETF-1C- Capitalisation 0.65% a year. Compared on 14/11/2026, 21 of the 151 other emerging-market share funds charge more, 12 the same and 118 less (share classes counted once). **What does XMAS track?** XMAS tracks the MSCI Emerging Markets Asia Select Screened Index - Benchmark TR Net — companies in emerging economies such as China, India, Taiwan and Brazil. **Is XMAS accumulating or distributing?** XMAS 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 XMAS?** The ISIN of XMAS is LU0292107991. An ISIN identifies one exact share class of a fund; XMAS is its ticker on the London Stock Exchange. The same share class is also listed as XMAD (London Stock Exchange, US dollars). **What does XMAS hold?** XMAS 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 XMAS’s returns in each of the last five years?** Calendar-year returns of XMAS in pounds (price, with income reinvested in the fund): 2022 −12.2%, 2023 +0.2%, 2024 +16.3%, 2025 +26.7%; 2026 to 13/11/2026 +13.7%. Past performance is not a guide to future returns. **How has XMAS done after inflation?** Over the five years to 13/11/2026 XMAS’s total return was +46.1%, or +14.1% 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/LU0292107991-msci-em-asia-screened-swap-ucits-etf-1c/) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.