ETF · Xtrackers
XMCM Xtrackers MSCI Emerging Markets Swap UCITS ETF
ISIN LU2675291913London Stock Exchange: XMCMDeutsche Bank AG
- Emerging markets
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE$16.02
on
- Ongoing charge
- 0.12% a year
- Fund size
- £118m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, XMCM (Xtrackers MSCI Emerging Markets Swap UCITS ETF, ISIN LU2675291913) closed at $16.02 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the three years to 30/09/2026 its total return was +52.4%, or +37.5% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +33.0%
- +28.9% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +52.4%
- +37.5% after inflation (UK CPIH)
Returns: TradingView (delayed data). Inflation: ONS 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 MSCI Emerging Markets Swap UCITS ETF in pounds (price only, income paid out not included): 2024 +8.2%, 2025 +20.1%; 2026 to 30/09/2026 +23.9%. Returns of Xtrackers MSCI Emerging Markets Swap UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +28.9%; to 30/09/2025: +12.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +23.9% | +20.4% | |
| +20.1% | +16.0% | ||
| +8.2% | +4.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +28.9% | Not available |
| from | +12.7% | +8.3% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
15.7%over 3 years
| 1 year | 18.8% |
|---|---|
| 3 years | 15.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2023
- −12.1%
- From to
- Lowest 12-month return
- −3.9%
- 12 months to
- Highest 12-month return
- +54.4%
- 12 months to
- Below its highest weekly close since November 2023
- 5.4%
- High of , latest
In words: Volatility of Xtrackers MSCI Emerging Markets Swap UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 18.8% over 1 year, 15.7% over 3 years. Largest fall in the price of Xtrackers MSCI Emerging Markets Swap UCITS ETF since November 2023, in pounds: −12.1% from 21/02/2025 to 04/04/2025. The lowest 12-month return of Xtrackers MSCI Emerging Markets Swap UCITS ETF in pounds (price only, income paid out not included) since November 2023 was −3.9% (12 months to 04/04/2025); the highest was +54.4% (12 months to 19/06/2026). On 30/09/2026 the price of Xtrackers MSCI Emerging Markets Swap UCITS ETF was 5.4% below its highest weekly close since November 2023 (19/06/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, 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
- 0.12%
- a year
- On £10,000
- £12
- a year, roughly
- Over five years
- £60
- of £10,000, before growth
- 2 charge less
- 1 the same
- 137 charge more
Ongoing charge of Xtrackers MSCI Emerging Markets Swap UCITS ETF 0.12% a year, as of 01/10/2026: 137 of the 140 other emerging-market share funds charge more, 1 the same and 2 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Xtrackers MSCI Emerging Markets Swap UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2023.
It tracks the MSCI EM (Emerging Markets) — 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 0.12% a year — about £12 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.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XMCM
- ISIN
- LU2675291913
- Provider
- Xtrackers
- Tracks
- MSCI EM (Emerging Markets)
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.12% a year · about £12 on £10,000
- Fund size
- £118m
- Launched
- Domicile
- Luxembourg
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- USD
- Category
- Emerging markets
Price chart
Since 31/07/2026, the closing price went from $15.59 on 31/07/2026 to $16.02 on 30/09/2026 (+2.8%). The lowest close shown was $15.59 on 31/07/2026 and the highest $16.27 on 28/08/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
9 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS 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
Funds tracking the same index
21 funds track MSCI EM (Emerging Markets), this one included and share classes counted once; their ongoing charges range from 0.12% to 0.55% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- CapitalisationAccumulating · 0.18% a year | +30.8% | +53.1% |
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- DistributionDistributing · 0.24% a year | +31.3% | +54.7% |
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- DistributionDistributing · 0.25% a year | +30.8% | +66.4% |
| Amundi MSCI Emerging Markets Swap -UCITS ETF USD C- CapitalisationAccumulating · 0.20% a year | +31.7% | +55.5% |
| Amundi MSCI Emerging Markets Swap II UCITS ETF Act -USD Acc-Accumulating · 0.55% a year | +31.1% | +52.8% |
| BNP PARIBAS EASY MSCI EMERGING Capitalisation -UCITS ETF-Accumulating | Not reported | Not reported |
| HSBC MSCI Emerging Markets UCITS ETFDistributing · 0.15% a year | +31.7% | +54.9% |
| HSBC MSCI EMERGING MARKETS UCITS ETF AccumUSDAccumulating · 0.15% a year | +31.7% | +55.8% |
| Invesco MSCI Emerging Markets UCITS ETFAccumulating · 0.19% a year | +30.8% | +52.6% |
| iShares MSCI EM UCITS ETF USD (Acc)Accumulating · 0.18% a year | +31.4% | +55.9% |
| iShares MSCI EM UCITS ETF USD (Dist)Distributing · 0.18% a year | +31.4% | +55.6% |
| iShares MSCI EM Swap UCITS ETF Accum- USDAccumulating · 0.14% a year | Not reported | Not reported |
| Multi Units LU - Amundi MSCI Emerging Markets IIDistributing · 0.14% a year | +31.7% | Not reported |
| Multi Units LU - Amundi MSCI Emerging Markets IIAccumulating · 0.14% a year | +31.3% | Not reported |
| State Street SPDR MSCI Emerging Markets UCITS ETFAccumulating · 0.18% a year | +31.1% | +54.0% |
| UBS MSCI EM SF UCITS ETFAccumulating · 0.14% a year | +31.1% | +54.0% |
| UBS ETF - MSCI Emerging Markets UCITS ETF A DistributionDistributing · 0.15% a year | +31.6% | +56.4% |
| Xtrackers MSCI Emerging Markets Swap UCITS ETFThis fundDistributing · 0.12% a year | +33.0% | Not reported |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF Capitalisation 1CAccumulating · 0.12% a year | +31.4% | +54.0% |
| Xtrackers MSCI Emerging Markets UCITS ETFAccumulating · 0.18% a year | +32.7% | +56.4% |
| Xtrackers MSCI Emerging Markets UCITS ETF USDDistributing · 0.18% a year | +32.8% | Not reported |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- Xtrackers MSCI Emerging Markets Swap UCITS ETF Capitalisation 1CAccumulating · 0.12% a year · LU0292107645
- Xtrackers MSCI Emerging Markets UCITS ETFAccumulating · 0.18% a year · IE00BTJRMP35
- Xtrackers MSCI Emerging Markets UCITS ETF USDDistributing · 0.18% a year · IE000GWA2J58
Read more:Share classesAccumulating or incomeCurrency hedging
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 99 rolling 12-month returns since November 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2023, 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
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Rank among similar funds
Rank by total return over 1 and 3 years among up to 125 emerging-market share funds, not currency-hedged, highest first.
ProMoves 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 30/09/2026 (146 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and 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 XMCM?
The ongoing charge of XMCM is 0.12% a year — about £12 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 Emerging Markets Swap UCITS ETF 0.12% a year, as of 01/10/2026: 137 of the 140 other emerging-market share funds charge more, 1 the same and 2 less (share classes counted once).
What does XMCM track?
XMCM tracks the MSCI EM (Emerging Markets) — companies in emerging economies such as China, India, Taiwan and Brazil.
Is XMCM accumulating or distributing?
XMCM is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of XMCM?
The ISIN of XMCM is LU2675291913. An ISIN identifies one exact share class of a fund; XMCM is its ticker on the London Stock Exchange.
What were XMCM’s returns in each of the last five years?
Calendar-year returns of XMCM in pounds (price only, income paid out not included): 2024 +8.2%, 2025 +20.1%; 2026 to 30/09/2026 +23.9%. Past performance is not a guide to future returns.
How has XMCM done after inflation?
Over the three years to 30/09/2026 XMCM’s total return was +52.4%, or +37.5% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- EMIMiShares Core MSCI EM IMI UCITS ETF0.18% a year · £26bn
- XMMSXtrackers MSCI Emerging Markets UCITS ETF0.18% a year · £8.2bn
- SEMAiShares MSCI EM UCITS ETF USD (Acc)0.18% a year · £6.0bn
- IEEMiShares MSCI EM UCITS ETF USD (Dist)0.18% a year · £5.8bn
- EDG2iShares MSCI EM CTB Enhanced ESG UCITS ETF0.26% a year · £5.0bn
- CEA1iShares MSCI EM Asia UCITS ETF0.20% a year · £5.0bn
- SEGMiShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD0.21% a year · £3.6bn
- E127Multi Units LU - Amundi MSCI Emerging Markets II0.14% a year · £3.6bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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