# Xtrackers MSCI USA Financials UCITS ETF (XSFN)

**Page:** https://fundology.uk/fund/xsfn · ISIN IE00BCHWNT26

## 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, XSFN (Xtrackers MSCI USA Financials UCITS ETF, ISIN IE00BCHWNT26) closed at £32.45 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +59.7%, or +24.7% after UK CPIH inflation.

## Summary

Xtrackers MSCI USA Financials UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2017. It tracks the MSCI USA / Financials -SEC. 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.

Latest close: **£32.45** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XSFN |
| ISIN | IE00BCHWNT26 |
| Also listed as | XUFN (London Stock Exchange, US dollars) |
| Category | Single sectors |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | MSCI USA / Financials -SEC |
| Income | Distributing |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £898m |
| Launched | 2017 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/09/2017 |

## 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 | +9.65% | +5.76% | income reinvested |
| 3 years | +68.94% | +52.63% | income reinvested |
| 5 years | +59.73% | +24.67% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Xtrackers MSCI USA Financials UCITS ETF in pounds (price only, income paid out not included): 2022 −4.6%, 2023 +6.6%, 2024 +32.8%, 2025 +4.6%; 2026 to 13/11/2026 +7.8%. Returns of Xtrackers MSCI USA Financials UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +1.4%; to 30/09/2025: +19.3%; to 30/09/2024: +24.5%; to 30/09/2023: −0.8%; to 30/09/2022: −2.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -4.6% | -12.7% | Price |
| 2023 | +6.6% | +2.4% | Price |
| 2024 | +32.8% | +28.2% | Price |
| 2025 | +4.6% | +1.0% | Price |
| 2026 to 13/11/2026 | +7.8% | +4.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.86% | -13.76% |
| 3 years | 14.99% | -18.35% |
| 5 years | 16.56% | -18.81% |

## Largest fall

Volatility of Xtrackers MSCI USA Financials UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 12.9% over 1 year, 15.0% over 3 years, 16.6% over 5 years. Largest fall in the price of Xtrackers MSCI USA Financials UCITS ETF since November 2021, in pounds: −18.8% from 07/01/2022 to 24/03/2023. The lowest 12-month return of Xtrackers MSCI USA Financials UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −17.5% (12 months to 24/03/2023); the highest was +46.8% (12 months to 22/11/2024). On 13/11/2026 the price of Xtrackers MSCI USA Financials UCITS ETF was at its highest weekly close since November 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers MSCI USA Financials UCITS ETF 0.12% a year. Compared on 14/11/2026, 158 of the 164 other single-sector funds charge more, 6 the same and 0 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** 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, XSFN holds 86 positions, according to its published holdings. The largest is JP Morgan Chase at 11.35% of the fund; the ten largest make up 55.3%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | JP Morgan Chase | [JPM](https://fundology.uk/stock/JPM) | 11.35% |
| 2 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 10.36% |
| 3 | Visa · Class A | [V](https://fundology.uk/stock/V) | 8.69% |
| 4 | Mastercard · Class A | [MA](https://fundology.uk/stock/MA) | 6.59% |
| 5 | Bank of America | [BAC](https://fundology.uk/stock/BAC) | 4.08% |
| 6 | Goldman Sachs Group | [GS](https://fundology.uk/stock/GS) | 3.36% |
| 7 | Wells Fargo | [WFC](https://fundology.uk/stock/WFC) | 3.23% |
| 8 | Morgan Stanley | [MS](https://fundology.uk/stock/MS) | 2.78% |
| 9 | Citigroup | [C](https://fundology.uk/stock/C) | 2.64% |
| 10 | BlackRock | [BLK](https://fundology.uk/stock/BLK) | 2.23% |

## 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 |
|---|---|
| Financials | 99.8% |
| Information Technology | 0.1% |
| Not classified | 0.1% |

### 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 85 holdings on record (of 86 reported): https://fundology.uk/fund/xsfn/holdings

## Questions people ask

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

The ongoing charge of XSFN 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 USA Financials UCITS ETF 0.12% a year. Compared on 14/11/2026, 158 of the 164 other single-sector funds charge more, 6 the same and 0 less (share classes counted once).

**What does XSFN track?**

XSFN tracks the MSCI USA / Financials -SEC.

**Is XSFN accumulating or distributing?**

XSFN 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 XSFN?**

The ISIN of XSFN is IE00BCHWNT26. An ISIN identifies one exact share class of a fund; XSFN is its ticker on the London Stock Exchange. The same share class is also listed as XUFN (London Stock Exchange, US dollars).

**What does XSFN hold?**

As of 15/11/2026, XSFN holds 86 positions, according to its published holdings. The largest is JP Morgan Chase at 11.35% of the fund; the ten largest make up 55.3%. Its ten largest holdings are JP Morgan Chase (11.35%), Berkshire Hathaway · Class B (10.36%), Visa · Class A (8.69%), Mastercard · Class A (6.59%), Bank of America (4.08%), Goldman Sachs Group (3.36%), Wells Fargo (3.23%), Morgan Stanley (2.78%), Citigroup (2.64%) and BlackRock (2.23%).

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

Calendar-year returns of XSFN in pounds (price only, income paid out not included): 2022 −4.6%, 2023 +6.6%, 2024 +32.8%, 2025 +4.6%; 2026 to 13/11/2026 +7.8%. Past performance is not a guide to future returns.

**How has XSFN done after inflation?**

Over the five years to 13/11/2026 XSFN’s total return was +59.7%, or +24.7% 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/IE00BCHWNT26-msci-usa-financials-ucits-etf-1d/)
- 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.