# Xtrackers MSCI World Materials UCITS ETF (XSMW) **Page:** https://fundology.uk/fund/xsmw · ISIN IE00BM67HS53 ## 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, 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. ## Summary 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. Latest close: **£58.44** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XSMW | | ISIN | IE00BM67HS53 | | Also listed as | XDWM (London Stock Exchange, US dollars) | | Category | Single sectors | | Type | ETF | | Provider | Xtrackers | | Tracks | MSCI World Index / Materials -SEC | | Income | Accumulating | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £601m | | Launched | 2016 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 16/03/2016 | ## 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 | +19.46% | +15.23% | income reinvested | | 3 years | +41.58% | +27.92% | income reinvested | | 5 years | +43.93% | +12.35% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year 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 CPIH inflation | Measured as | |---|---|---|---| | 2024 | -4.2% | -7.4% | Price | | 2025 | +16.9% | +12.9% | Price | | 2026 to 13/11/2026 | +13.3% | +9.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 20.51% | -14.60% | | 3 years | 16.14% | -15.17% | ## Largest fall 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. ## Charges compared with similar funds 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). ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** 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, 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%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Linde | [LIN](https://fundology.uk/stock/LIN) | 8.40% | | 2 | BHP Group | [BHP](https://fundology.uk/stock/BHP) | 7.17% | | 3 | Air Liquide | [AI](https://fundology.uk/stock/AI) | 4.61% | | 4 | Rio Tinto | [RIO](https://fundology.uk/stock/RIO) | 4.43% | | 5 | Newmont | [NEM](https://fundology.uk/stock/NEM) | 4.14% | | 6 | Agnico Eagle Mines | [AEM](https://fundology.uk/stock/AEM) | 3.14% | | 7 | Freeport-McMoRan | [FCX](https://fundology.uk/stock/FCX) | 3.02% | | 8 | Sherwin-Williams | [SHW](https://fundology.uk/stock/SHW) | 2.79% | | 9 | Ecolab | [ECL](https://fundology.uk/stock/ECL) | 2.68% | | 10 | Air Products and Chemicals | [APD](https://fundology.uk/stock/APD) | 2.39% | ## 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 | |---|---| | Materials | 99.8% | | Other funds | 0.1% | | Not classified | 0.2% | ### By country Added up from the fund’s published holdings, as of 15/11/2026. | Country | Weight | |---|---| | United States | 29.1% | | Australia | 16.9% | | Canada | 12.1% | | Ireland | 11.4% | | Japan | 6.4% | | Switzerland | 5.3% | | France | 4.6% | | Germany | 3.4% | | Other countries | 10.7% | | Not classified | 0.1% | ### By type of asset Added up from the fund’s published holdings, as of 15/11/2026. | Type of asset | Weight | |---|---| | Equity | 99.8% | | Cash and money market | 0.2% | The 92 holdings on record (of 100 reported): https://fundology.uk/fund/xsmw/holdings ## 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. ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/IE00BM67HS53-msci-world-materials-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.