# Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation (XMLA) **Page:** https://fundology.uk/fund/xmla · ISIN LU0292108619 ## 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, XMLA (Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation, ISIN LU0292108619) closed at £40.70 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was +41.3%, or +10.3% after UK CPIH inflation. ## Summary Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation is an exchange-traded fund (ETF) from Xtrackers, launched in 2007. It tracks the MSCI EM Latin America Low Carbon SRI Leaders 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 0.4% a year — about £40 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: **£40.70** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XMLA | | ISIN | LU0292108619 | | Also listed as | XMLD (London Stock Exchange, US dollars), DBX3 (Xetra, euros) | | Category | Sustainable & clean energy | | Type | ETF | | Provider | Xtrackers | | Tracks | MSCI EM Latin America Low Carbon SRI Leaders Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.40% a year (£40 per £10,000) | | Fund size | £70.8m | | 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 | +4.38% | +0.68% | income reinvested | | 3 years | +23.83% | +11.88% | income reinvested | | 5 years | +41.26% | +10.26% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation in pounds (price, with income reinvested in the fund): 2022 +15.6%, 2023 +19.3%, 2024 −27.7%, 2025 +46.6%; 2026 to 13/11/2026 +6.4%. Returns of Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +24.5%; to 30/09/2025: +18.2%; to 30/09/2024: −7.7%; to 30/09/2023: −0.9%; to 30/09/2022: +11.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +15.6% | +5.8% | Price | | 2023 | +19.3% | +14.5% | Price | | 2024 | -27.7% | -30.2% | Price | | 2025 | +46.6% | +41.6% | Price | | 2026 to 13/11/2026 | +6.4% | +3.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 26.71% | -17.37% | | 3 years | 20.11% | -27.73% | | 5 years | 23.05% | -29.86% | ## Largest fall Volatility of Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 26.7% over 1 year, 20.1% over 3 years, 23.1% over 5 years. Largest fall in the price of Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation since November 2021, in pounds: −29.9% from 04/11/2022 to 03/01/2025. The lowest 12-month return of Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −27.1% (12 months to 27/12/2024); the highest was +67.1% (12 months to 10/04/2026). On 13/11/2026 the price of Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation was 16.0% below its highest weekly close since November 2021 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation 0.40% a year. Compared on 14/11/2026, 56 of the 177 other sustainable and clean-energy funds charge more, 0 the same and 121 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.40%** 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 XMLA 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 | Tokyo Electron | [8035](https://fundology.uk/stock/8035) | 8.42% | | 2 | NTT | [9432](https://fundology.uk/stock/9432) | 8.05% | | 3 | Tokyo Ohka Kogyo | [4186](https://fundology.uk/stock/4186) | 8.03% | | 4 | Bandai Namco | [7832](https://fundology.uk/stock/7832) | 6.01% | | 5 | Taisei | [1801](https://fundology.uk/stock/TSE:1801) | 3.88% | | 6 | McKesson | [MCK](https://fundology.uk/stock/MCK) | 3.81% | | 7 | Obayashi | [1802](https://fundology.uk/stock/1802) | 3.73% | | 8 | Shizuoka Financial Group | [5831](https://fundology.uk/stock/5831) | 3.73% | | 9 | Hitachi Construction Machinery | [6305](https://fundology.uk/stock/6305) | 3.71% | | 10 | Japan Post | [6178](https://fundology.uk/stock/6178) | 3.67% | All 30 holdings: https://fundology.uk/fund/xmla/holdings ## Questions people ask **What is the ongoing charge of XMLA?** The ongoing charge of XMLA is 0.40% a year — about £40 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 SICAV - Xtrackers MSCI EM Latin America Swap UCITS ETF -1C-Capitalisation 0.40% a year. Compared on 14/11/2026, 56 of the 177 other sustainable and clean-energy funds charge more, 0 the same and 121 less (share classes counted once). **What does XMLA track?** XMLA tracks the MSCI EM Latin America Low Carbon SRI Leaders Index - Benchmark TR Net — companies in emerging economies such as China, India, Taiwan and Brazil. **Is XMLA accumulating or distributing?** XMLA 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 XMLA?** The ISIN of XMLA is LU0292108619. An ISIN identifies one exact share class of a fund; XMLA is its ticker on the London Stock Exchange. The same share class is also listed as XMLD (London Stock Exchange, US dollars) and DBX3 (Xetra, euros). **What does XMLA hold?** XMLA 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 XMLA’s returns in each of the last five years?** Calendar-year returns of XMLA in pounds (price, with income reinvested in the fund): 2022 +15.6%, 2023 +19.3%, 2024 −27.7%, 2025 +46.6%; 2026 to 13/11/2026 +6.4%. Past performance is not a guide to future returns. **How has XMLA done after inflation?** Over the five years to 13/11/2026 XMLA’s total return was +41.3%, or +10.3% 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/LU0292108619-msci-em-latin-america-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.