ETF · Xtrackers
XSMW Xtrackers MSCI World Materials UCITS ETF
ISIN IE00BM67HS53London Stock Exchange: XSMWDeutsche Bank AG
- Single sectors
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£58.44
on
- Ongoing charge
- 0.25% a year
- Fund size
- £601m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XSMW (Xtrackers MSCI World Materials UCITS ETF, ISIN IE00BM67HS53) closed at £58.44 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its total return was +43.9%, or +12.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +19.5%
- +15.2% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +41.6%
- +27.9% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +43.9%
- +12.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,439 on 13/11/2026 — about £1,123 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK 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 World Materials UCITS ETF in pounds (price, with income reinvested in the fund): 2024 −4.2%, 2025 +16.9%; 2026 to 13/11/2026 +13.3%. Returns of Xtrackers MSCI World Materials UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +18.1%; to 30/09/2025: +1.5%; to 30/09/2024: +13.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +13.3% | +9.6% | |
| to | +16.9% | +12.9% | |
| to | −4.2% | −7.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +18.1% | +13.9% |
| from | +1.5% | −2.5% |
| from | +13.6% | +10.7% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
16.1%over 3 years
| 1 year | 20.5% |
|---|---|
| 3 years | 16.1% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since August 2023
- −15.2%
- From to
- Lowest 12-month return
- −13.7%
- 12 months to
- Highest 12-month return
- +43.2%
- 12 months to
- Below its highest weekly close since August 2023
- 5.9%
- High of , latest
In words: Volatility of Xtrackers MSCI World Materials UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 20.5% over 1 year, 16.1% over 3 years. Largest fall in the price of Xtrackers MSCI World Materials UCITS ETF since August 2023, in pounds: −15.2% from 10/05/2024 to 04/04/2025. The lowest 12-month return of Xtrackers MSCI World Materials UCITS ETF in pounds (price, with income reinvested in the fund) since August 2023 was −13.7% (12 months to 04/04/2025); the highest was +43.2% (12 months to 10/04/2026). On 13/11/2026 the price of Xtrackers MSCI World Materials UCITS ETF was 5.9% below its highest weekly close since August 2023 (28/08/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.25%
- a year
- On £10,000
- £25
- a year, roughly
- Over five years
- £124
- of £10,000, before growth
- 66 charge less
- 7 the same
- 91 charge more
Ongoing charge of Xtrackers MSCI World Materials UCITS ETF 0.25% a year. Compared on 14/11/2026, 91 of the 164 other single-sector funds charge more, 7 the same and 66 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Xtrackers MSCI World Materials UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2016.
It tracks the MSCI World Index / Materials -SEC — 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 0.25% a year — about £25 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.
Single sectors: Funds focused on one industry — banks, energy, defence, mining and so on.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XSMW
- ISIN
- IE00BM67HS53
- Also listed as
- XDWM (London Stock Exchange, US dollars)
- Provider
- Xtrackers
- Tracks
- MSCI World Index / Materials -SEC
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.25% a year · about £25 on £10,000
- Fund size
- £601m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Single sectors
Price chart
Over the last year, the closing price went from £49.67 on 14/11/2025 to £58.44 on 13/11/2026 (+17.7%). The lowest close shown was £48.45 on 21/11/2025 and the highest £62.11 on 28/08/2026.
One close a week. Before 17/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
170 weekly closes, from 18/08/2023 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 92
- 100 reported in all
- Ten largest
- 42.8%
- of the whole fund
- Effective number of holdings
- 35
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.4%
- Linde
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | LindeLINMaterialsIreland | 8.40% |
| 2 | BHP GroupBHPMaterialsAustralia | 7.17% |
| 3 | Air LiquideAIMaterialsFrance | 4.61% |
| 4 | Rio TintoRIOMaterialsAustralia | 4.43% |
| 5 | NewmontNEMMaterialsUnited States | 4.14% |
| 6 | Agnico Eagle MinesAEMMaterialsCanada | 3.14% |
| 7 | Freeport-McMoRanFCXMaterialsUnited States | 3.02% |
| 8 | Sherwin-WilliamsSHWMaterialsUnited States | 2.79% |
| 9 | EcolabECLMaterialsUnited States | 2.68% |
| 10 | Air Products and ChemicalsAPDMaterialsUnited States | 2.39% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Materials99.8%
- Other funds0.1%
- Not classified0.2%
By country
- United States29.1%
- Australia16.9%
- Canada12.1%
- Ireland11.4%
- Japan6.4%
- Switzerland5.3%
- France4.6%
- Germany3.4%
- Other countries10.7%
- Not classified0.1%
By type of asset
- Equity99.8%
- Cash and money market0.2%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 92 largest and what changed since .
More of the portfolio
The fund publishes 100 holdings; the ten largest make up 42.8% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
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 118 rolling 12-month returns since August 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since August 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
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (154 weeks).
Pro
Pro — currently by invitation
Pro includes 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 XSMW?
The ongoing charge of XSMW is 0.25% a year — about £25 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 Materials UCITS ETF 0.25% a year. Compared on 14/11/2026, 91 of the 164 other single-sector funds charge more, 7 the same and 66 less (share classes counted once).
What does XSMW track?
XSMW tracks the MSCI World Index / Materials -SEC — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.
Is XSMW accumulating or distributing?
XSMW 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 XSMW?
The ISIN of XSMW is IE00BM67HS53. An ISIN identifies one exact share class of a fund; XSMW is its ticker on the London Stock Exchange. The same share class is also listed as XDWM (London Stock Exchange, US dollars).
What does XSMW hold?
As of 15/11/2026, XSMW holds 100 positions, according to its published holdings. The largest is Linde at 8.40% of the fund; the ten largest make up 42.8%. Its ten largest holdings are Linde (8.40%), BHP Group (7.17%), Air Liquide (4.61%), Rio Tinto (4.43%), Newmont (4.14%), Agnico Eagle Mines (3.14%), Freeport-McMoRan (3.02%), Sherwin-Williams (2.79%), Ecolab (2.68%) and Air Products and Chemicals (2.39%).
What were XSMW’s returns in each of the last five years?
Calendar-year returns of XSMW in pounds (price, with income reinvested in the fund): 2024 −4.2%, 2025 +16.9%; 2026 to 13/11/2026 +13.3%. Past performance is not a guide to future returns.
How has XSMW done after inflation?
Over the five years to 13/11/2026 XSMW’s total return was +43.9%, or +12.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
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