# Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD (XSWC)

**Page:** https://fundology.uk/fund/xswc · ISIN IE000F354Q61

## 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, XSWC (Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD, ISIN IE000F354Q61) closed at $31.89 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the year to 13/11/2026 its total return was +13.5%, or +9.5% after UK CPIH inflation.

## Summary

Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2025. It tracks the MSCI World Index Small Cap — 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: **$31.89** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XSWC |
| ISIN | IE000F354Q61 |
| Category | Smaller companies |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | MSCI World Index Small Cap |
| Income | Accumulating |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £119m |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2025 |

## 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 | +13.51% | +9.49% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +12.7%. Returns of Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | +12.7% | +9.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.87% | -8.09% |

## Largest fall

Volatility of Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD in pounds, annualised from weekly returns to 13/11/2026: 12.9% over 1 year. Largest fall in the price of Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD since September 2025, in pounds: −8.1% from 27/02/2026 to 20/03/2026. On 13/11/2026 the price of Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD was 3.5% below its highest weekly close since September 2025 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD 0.25% a year. Compared on 14/11/2026, 27 of the 36 other smaller-company funds charge more, 3 the same and 6 less (share classes counted once).

## Funds tracking the same index

5 funds track MSCI World Index Small Cap, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.46% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares MSCI World Small Cap UCITS ETF | 0.35% | +16.1% | +58.5% | +36.1% |
| State Street SPDR MSCI World Small Cap UCITS ETF | 0.46% | +13.7% | — | — |
| State Street SPDR MSCI World Small Cap UCITS ETF Accum.Shs USD | 0.45% | +14.6% | +53.1% | +33.1% |
| Xtrackers MSCI World Small Cap UCITS ETF -1D- USD | 0.25% | +15.5% | — | — |
| Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD (this fund) | 0.25% | +13.5% | — | — |

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

## 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, XSWC holds 3,420 positions, according to its published holdings. The largest is Xtrackers MSCI Europe Small Cap UCITS ETF 1C at 9.07% of the fund; the ten largest make up 11.5%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C | — | 9.07% |
| 2 | Moderna | [MRNA](https://fundology.uk/stock/MRNA) | 0.75% |
| 3 | Tenet Healthcare | [THC](https://fundology.uk/stock/THC) | 0.24% |
| 4 | US Foods | [USFD](https://fundology.uk/stock/USFD) | 0.24% |
| 5 | Viatris | [VTRS](https://fundology.uk/stock/VTRS) | 0.23% |
| 6 | Royal Gold | [RGLD](https://fundology.uk/stock/RGLD) | 0.21% |
| 7 | Woodward | [WWD](https://fundology.uk/stock/WWD) | 0.20% |
| 8 | Itt | [ITT](https://fundology.uk/stock/ITT) | 0.19% |
| 9 | Guardant Health | [GH](https://fundology.uk/stock/GH) | 0.18% |
| 10 | East West Bancorp | [EWBC](https://fundology.uk/stock/EWBC) | 0.17% |

## 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 |
|---|---|
| Industrials | 16.9% |
| Financials | 13.3% |
| Information Technology | 11.6% |
| Health Care | 11.3% |
| Consumer Discretionary | 9.7% |
| Other funds | 9.1% |
| Materials | 7.3% |
| Real Estate | 7.3% |
| Other sectors | 13.5% |
| Not classified | 0.1% |

### By country

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

| Country | Weight |
|---|---|
| United States | 61.3% |
| Japan | 12.4% |
| Other funds | 9.1% |
| Canada | 4.2% |
| Australia | 3.6% |
| United Kingdom | 1.8% |
| Israel | 1.4% |
| Switzerland | 0.7% |
| Other countries | 5.5% |

The 3,054 holdings on record (of 3,420 reported): https://fundology.uk/fund/xswc/holdings

## Questions people ask

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

The ongoing charge of XSWC 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 Small Cap UCITS ETF Accum-1C- USD 0.25% a year. Compared on 14/11/2026, 27 of the 36 other smaller-company funds charge more, 3 the same and 6 less (share classes counted once).

**What does XSWC track?**

XSWC tracks the MSCI World Index Small Cap — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is XSWC accumulating or distributing?**

XSWC 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 XSWC?**

The ISIN of XSWC is IE000F354Q61. An ISIN identifies one exact share class of a fund; XSWC is its ticker on the London Stock Exchange.

**What does XSWC hold?**

As of 15/11/2026, XSWC holds 3,420 positions, according to its published holdings. The largest is Xtrackers MSCI Europe Small Cap UCITS ETF 1C at 9.07% of the fund; the ten largest make up 11.5%. Its ten largest holdings are Xtrackers MSCI Europe Small Cap UCITS ETF 1C (9.07%), Moderna (0.75%), Tenet Healthcare (0.24%), US Foods (0.24%), Viatris (0.23%), Royal Gold (0.21%), Woodward (0.20%), Itt (0.19%), Guardant Health (0.18%) and East West Bancorp (0.17%).

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

Calendar-year returns of XSWC in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +12.7%. Past performance is not a guide to future returns.

**How has XSWC done after inflation?**

Over the year to 13/11/2026 XSWC’s total return was +13.5%, or +9.5% 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/IE000F354Q61-msci-world-small-cap-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.