# Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD (XNGS)

**Page:** https://fundology.uk/fund/xngs · ISIN IE000XOQ9TK4

## 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, XNGS (Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD, ISIN IE000XOQ9TK4) closed at £54.54 on the London Stock Exchange. Its ongoing charge is 0.31% a year (about £31 on £10,000). Over the three years to 13/11/2026 its price changed by +78.3%, or +61.1% after UK CPIH inflation.

## Summary

Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2022. It tracks the MSCI ACWI IMI Next Generation Internet Innovation Select Screened 100 Index - USD - Benchmark TR Net — large and medium-sized companies across developed and emerging markets. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.31% a year — about £31 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: **£54.54** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XNGS |
| ISIN | IE000XOQ9TK4 |
| Also listed as | XNGI (London Stock Exchange, US dollars) |
| Category | Technology |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | MSCI ACWI IMI Next Generation Internet Innovation Select Screened 100 Index - USD - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.31% a year (£31 per £10,000) |
| Fund size | £53.1m |
| Launched | 2022 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/07/2022 |

## 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 | +5.66% | +1.92% | income reinvested |
| 3 years | +78.32% | +61.11% | price only |

Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund): 2023 +48.9%, 2024 +38.9%, 2025 +10.6%; 2026 to 13/11/2026 +9.6%. Returns of Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.5%; to 30/09/2025: +33.2%; to 30/09/2024: +32.2%; to 30/09/2023: +24.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2023 | +48.9% | +42.9% | Price |
| 2024 | +38.9% | +34.2% | Price |
| 2025 | +10.6% | +6.8% | Price |
| 2026 to 13/11/2026 | +9.6% | +6.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 26.36% | -16.35% |
| 3 years | 21.26% | -22.16% |

## Largest fall

Volatility of Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD in pounds, annualised from weekly returns to 13/11/2026: 26.4% over 1 year, 21.3% over 3 years. Largest fall in the price of Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD since July 2022, in pounds: −22.2% from 14/02/2025 to 04/04/2025. The lowest 12-month return of Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund) since July 2022 was −4.2% (12 months to 13/02/2026); the highest was +48.9% (12 months to 29/12/2023). On 13/11/2026 the price of Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD was 10.8% below its highest weekly close since July 2022 (09/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers MSCI Next Generation Internet Innovation UCITS ETF Accum-1C- USD 0.31% a year. Compared on 14/11/2026, 100 of the 119 other technology funds charge more, 2 the same and 17 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.31%** 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, XNGS holds 109 positions, according to its published holdings. The largest is Advanced Micro Devices at 5.81% of the fund; the ten largest make up 47.8%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Advanced Micro Devices | [AMD](https://fundology.uk/stock/AMD) | 5.81% |
| 2 | Visa · Class A | [V](https://fundology.uk/stock/V) | 5.32% |
| 3 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 5.18% |
| 4 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 5.00% |
| 5 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 4.70% |
| 6 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 4.66% |
| 7 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 4.65% |
| 8 | TSMC | [2330](https://fundology.uk/stock/2330) | 4.56% |
| 9 | Mastercard · Class A | [MA](https://fundology.uk/stock/MA) | 4.02% |
| 10 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 3.94% |

## 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 08/11/2026.

| Sector | Weight |
|---|---|
| Information Technology | 60.4% |
| Financials | 14.2% |
| Communication Services | 14.1% |
| Consumer Discretionary | 10.6% |
| Real Estate | 0.4% |
| Industrials | 0.1% |
| Health Care | 0.1% |
| Not classified | 0.1% |

### By country

Added up from the fund’s published holdings, as of 08/11/2026.

| Country | Weight |
|---|---|
| United States | 83.7% |
| Taiwan | 5.1% |
| China | 4.8% |
| South Korea | 1.9% |
| Germany | 1.5% |
| Canada | 1.0% |
| Netherlands | 0.6% |
| Japan | 0.4% |
| Other countries | 1.0% |

### By type of asset

Added up from the fund’s published holdings, as of 08/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.9% |
| Cash and money market | 0.1% |

The 101 holdings on record (of 109 reported): https://fundology.uk/fund/xngs/holdings

## Questions people ask

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

The ongoing charge of XNGS is 0.31% a year — about £31 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 Next Generation Internet Innovation UCITS ETF Accum-1C- USD 0.31% a year. Compared on 14/11/2026, 100 of the 119 other technology funds charge more, 2 the same and 17 less (share classes counted once).

**What does XNGS track?**

XNGS tracks the MSCI ACWI IMI Next Generation Internet Innovation Select Screened 100 Index - USD - Benchmark TR Net — large and medium-sized companies across developed and emerging markets.

**Is XNGS accumulating or distributing?**

XNGS 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 XNGS?**

The ISIN of XNGS is IE000XOQ9TK4. An ISIN identifies one exact share class of a fund; XNGS is its ticker on the London Stock Exchange. The same share class is also listed as XNGI (London Stock Exchange, US dollars).

**What does XNGS hold?**

As of 15/11/2026, XNGS holds 109 positions, according to its published holdings. The largest is Advanced Micro Devices at 5.81% of the fund; the ten largest make up 47.8%. Its ten largest holdings are Advanced Micro Devices (5.81%), Visa · Class A (5.32%), Apple (5.18%), Microsoft (5.00%), Meta Platforms · Class A (4.70%), Amazon (4.66%), Broadcom (4.65%), TSMC (4.56%), Mastercard · Class A (4.02%) and Micron Technology (3.94%).

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

Calendar-year returns of XNGS in pounds (price, with income reinvested in the fund): 2023 +48.9%, 2024 +38.9%, 2025 +10.6%; 2026 to 13/11/2026 +9.6%. Past performance is not a guide to future returns.

**How has XNGS done after inflation?**

Over the three years to 13/11/2026 XNGS’s price changed by +78.3%, or +61.1% 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/IE000XOQ9TK4-msci-next-generation-internet-innovation-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.