# Xtrackers MSCI World ex USA UCITS ETF 1C USD (XMWX)

**Page:** https://fundology.uk/fund/xmwx · ISIN IE0006WW1TQ4

## 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, XMWX (Xtrackers MSCI World ex USA UCITS ETF 1C USD, ISIN IE0006WW1TQ4) closed at £34.26 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the year to 13/11/2026 its total return was +12.6%, or +8.7% after UK CPIH inflation.

## Summary

Xtrackers MSCI World ex USA UCITS ETF 1C USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2024. It tracks the MSCI World ex USA — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it 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 0.15% a year — about £15 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: **£34.26** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XMWX |
| ISIN | IE0006WW1TQ4 |
| Also listed as | EXUS (London Stock Exchange, US dollars) |
| Category | Global shares |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | MSCI World ex USA |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £6.1bn |
| Launched | 2024 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 06/03/2024 |

## 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 | +12.64% | +8.65% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Xtrackers MSCI World ex USA UCITS ETF 1C USD in pounds (price, with income reinvested in the fund): 2025 +22.4%; 2026 to 13/11/2026 +11.9%. Returns of Xtrackers MSCI World ex USA UCITS ETF 1C USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.7%; to 30/09/2025: +16.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +22.4% | +18.2% | Price |
| 2026 to 13/11/2026 | +11.9% | +8.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.32% | -9.75% |

## Largest fall

Volatility of Xtrackers MSCI World ex USA UCITS ETF 1C USD in pounds, annualised from weekly returns to 13/11/2026: 12.3% over 1 year. Largest fall in the price of Xtrackers MSCI World ex USA UCITS ETF 1C USD since August 2024, in pounds: −9.8% from 27/02/2026 to 20/03/2026. The lowest 12-month return of Xtrackers MSCI World ex USA UCITS ETF 1C USD in pounds (price, with income reinvested in the fund) since August 2024 was +11.8% (12 months to 29/08/2025); the highest was +33.7% (12 months to 10/04/2026). On 13/11/2026 the price of Xtrackers MSCI World ex USA UCITS ETF 1C USD was 1.8% below its highest weekly close since August 2024 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers MSCI World ex USA UCITS ETF 1C USD 0.15% a year. Compared on 14/11/2026, 163 of the 207 other global share funds charge more, 8 the same and 36 less (share classes counted once).

## Funds tracking the same index

5 funds track MSCI World ex USA, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.16% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi MSCI World ex USA UCITS ETF | 0.15% | +11.7% | — | — |
| iShares III PLC - MSCI World ex-USA UCITS ETF USD | 0.16% | — | — | — |
| iShares MSCI World ex-USA UCITS ETF AccumUSD | 0.16% | +12.3% | — | — |
| Xtrackers (IE) plc - Xtrackers MSCI World ex USA UCITS ETF -1D- USD | 0.15% | +10.1% | — | — |
| Xtrackers MSCI World ex USA UCITS ETF 1C USD (this fund) | 0.15% | +12.6% | — | — |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year
- 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, XMWX holds 748 positions, according to its published holdings. The largest is ASML at 2.39% of the fund; the ten largest make up 12.7%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 2.39% |
| 2 | Roche | [RO](https://fundology.uk/stock/RO) | 1.38% |
| 3 | HSBC | [HSBA](https://fundology.uk/stock/HSBA) | 1.24% |
| 4 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 1.19% |
| 5 | Royal Bank of Canada | [RY](https://fundology.uk/stock/RY) | 1.14% |
| 6 | AstraZeneca | [AZN](https://fundology.uk/stock/AZN) | 1.13% |
| 7 | Shell | [SHEL](https://fundology.uk/stock/SHEL) | 1.13% |
| 8 | Nestle | [NESN](https://fundology.uk/stock/NESN) | 1.08% |
| 9 | Deutsche Global Liquidity Seri | — | 1.06% |
| 10 | SAP | [SAP](https://fundology.uk/stock/SAP) | 0.96% |

## 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 |
|---|---|
| Financials | 27.5% |
| Industrials | 17.1% |
| Health Care | 9.8% |
| Information Technology | 9.4% |
| Consumer Discretionary | 7.6% |
| Materials | 6.9% |
| Consumer Staples | 6.6% |
| Energy | 5.5% |
| Other sectors | 9.5% |
| Not classified | 0.2% |

### By country

Added up from the fund’s published holdings, as of 15/11/2026.

| Country | Weight |
|---|---|
| Japan | 20.1% |
| United Kingdom | 12.0% |
| Canada | 11.9% |
| Switzerland | 8.6% |
| France | 8.0% |
| Germany | 7.7% |
| Australia | 6.3% |
| Netherlands | 4.9% |
| Other countries | 20.3% |

### By type of asset

Added up from the fund’s published holdings, as of 15/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 98.8% |
| Cash and money market | 1.2% |

The 741 holdings on record (of 748 reported): https://fundology.uk/fund/xmwx/holdings

## Questions people ask

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

The ongoing charge of XMWX is 0.15% a year — about £15 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 World ex USA UCITS ETF 1C USD 0.15% a year. Compared on 14/11/2026, 163 of the 207 other global share funds charge more, 8 the same and 36 less (share classes counted once).

**What does XMWX track?**

XMWX tracks the MSCI World ex USA — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is XMWX accumulating or distributing?**

XMWX 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 XMWX?**

The ISIN of XMWX is IE0006WW1TQ4. An ISIN identifies one exact share class of a fund; XMWX is its ticker on the London Stock Exchange. The same share class is also listed as EXUS (London Stock Exchange, US dollars).

**What does XMWX hold?**

As of 15/11/2026, XMWX holds 748 positions, according to its published holdings. The largest is ASML at 2.39% of the fund; the ten largest make up 12.7%. Its ten largest holdings are ASML (2.39%), Roche (1.38%), HSBC (1.24%), Novartis (1.19%), Royal Bank of Canada (1.14%), AstraZeneca (1.13%), Shell (1.13%), Nestle (1.08%), Deutsche Global Liquidity Seri (1.06%) and SAP (0.96%).

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

Calendar-year returns of XMWX in pounds (price, with income reinvested in the fund): 2025 +22.4%; 2026 to 13/11/2026 +11.9%. Past performance is not a guide to future returns.

**How has XMWX done after inflation?**

Over the year to 13/11/2026 XMWX’s total return was +12.6%, or +8.7% 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/IE0006WW1TQ4-msci-world-ex-usa-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.