ETF · Xtrackers
XSWS Xtrackers MSCI World Small Cap UCITS ETF -1D- USD
ISIN IE000ISS8DB2London Stock Exchange: XSWSDeutsche Bank AG
- Smaller companies
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£23.83
on
- Ongoing charge
- 0.25% a year
- Fund size
- £13.0m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XSWS (Xtrackers MSCI World Small Cap UCITS ETF -1D- USD, ISIN IE000ISS8DB2) closed at £23.83 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 +15.5%, or +11.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +15.5%
- +11.4% after inflation (UK CPIH)
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 Small Cap UCITS ETF -1D- USD in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +12.3% | +8.7% |
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)
12.5%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2025
- −7.5%
- From to
- Below its highest weekly close since October 2025
- 4.0%
- High of , latest
In words: Volatility of Xtrackers MSCI World Small Cap UCITS ETF -1D- USD in pounds, annualised from weekly returns to 13/11/2026: 12.5% over 1 year. Largest fall in the price of Xtrackers MSCI World Small Cap UCITS ETF -1D- USD since October 2025, in pounds: −7.5% from 27/02/2026 to 27/03/2026. On 13/11/2026 the price of Xtrackers MSCI World Small Cap UCITS ETF -1D- USD was 4.0% below its highest weekly close since October 2025 (14/08/2026), in pounds.
As of , price only — income paid out is not included
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
- 6 charge less
- 3 the same
- 27 charge more
Ongoing charge of Xtrackers MSCI World Small Cap UCITS ETF -1D- 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).
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 Small Cap UCITS ETF -1D- 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 paid out to holders as cash, usually a few times a year.
Smaller companies: Smaller firms, which can grow faster than large ones but whose prices usually swing more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XSWS
- ISIN
- IE000ISS8DB2
- Also listed as
- XSWD (London Stock Exchange, US dollars)
- Provider
- Xtrackers
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.25% a year · about £25 on £10,000
- Fund size
- £13.0m
- 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
- Smaller companies
Price chart
Over the last year, the closing price went from £20.83 on 14/11/2025 to £23.83 on 13/11/2026 (+14.4%). The lowest close shown was £20.59 on 21/11/2025 and the highest £24.83 on 14/08/2026.
One close a week. Before 02/10/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
58 weekly closes, from 10/10/2025 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
- 3,054
- 3,420 reported in all
- Ten largest
- 11.5%
- of the whole fund
- Effective number of holdings
- 114
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 9.1%
- Xtrackers MSCI Europe Small Cap UCITS ETF 1C
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Xtrackers MSCI Europe Small Cap UCITS ETF 1CLuxembourg | 9.07% |
| 2 | ModernaMRNAHealth CareUnited States | 0.75% |
| 3 | Tenet HealthcareTHCHealth CareUnited States | 0.24% |
| 4 | US FoodsUSFDConsumer StaplesUnited States | 0.24% |
| 5 | ViatrisVTRSHealth CareUnited States | 0.23% |
| 6 | Royal GoldRGLDMaterialsUnited States | 0.21% |
| 7 | WoodwardWWDIndustrialsUnited States | 0.20% |
| 8 | IttITTIndustrialsUnited States | 0.19% |
| 9 | Guardant HealthGHHealth CareUnited States | 0.18% |
| 10 | East West BancorpEWBCFinancialsUnited States | 0.17% |
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
- Industrials16.9%
- Financials13.3%
- Information Technology11.6%
- Health Care11.3%
- Consumer Discretionary9.7%
- Other funds9.1%
- Materials7.3%
- Real Estate7.3%
- Other sectors13.5%
- Not classified0.1%
By country
- United States61.3%
- Japan12.4%
- Other funds9.1%
- Canada4.2%
- Australia3.6%
- United Kingdom1.8%
- Israel1.4%
- Switzerland0.7%
- Other countries5.5%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 3,420 holdings; the ten largest make up 11.5% 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
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 | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares MSCI World Small Cap UCITS ETFAccumulating · 0.35% a year | 0.35% | +16.1% | +58.5% | +36.1% |
| State Street SPDR MSCI World Small Cap UCITS ETFDistributing · 0.46% a year | 0.46% | +13.7% | Not reported | Not reported |
| State Street SPDR MSCI World Small Cap UCITS ETFAccumulating · 0.45% a year | 0.45% | +14.6% | +53.1% | +33.1% |
| Xtrackers MSCI World Small Cap UCITS ETF -1D- USDThis fundDistributing · 0.25% a year | 0.25% | +15.5% | Not reported | Not reported |
| Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USDAccumulating · 0.25% a year | 0.25% | +13.5% | Not reported | Not reported |
As of
MSCI World Small Cap funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2025, 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 and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of XSWS?
The ongoing charge of XSWS 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 -1D- 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 XSWS track?
XSWS 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 XSWS accumulating or distributing?
XSWS 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 XSWS?
The ISIN of XSWS is IE000ISS8DB2. An ISIN identifies one exact share class of a fund; XSWS is its ticker on the London Stock Exchange. The same share class is also listed as XSWD (London Stock Exchange, US dollars).
What does XSWS hold?
As of 15/11/2026, XSWS 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 XSWS’s returns in each of the last five years?
Calendar-year returns of XSWS in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.3%. Past performance is not a guide to future returns.
How has XSWS done after inflation?
Over the year to 13/11/2026 XSWS’s total return was +15.5%, or +11.4% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- WLDSiShares MSCI World Small Cap UCITS ETF0.35% a year · £6.9bn
- R2SCState Street SPDR RUSSELL 2000 U.S. SMALL CAP UCITS ETF Accum Ptg USD0.30% a year · £3.6bn
- XXSCXtrackers MSCI Europe Small Cap UCITS ETF Capitalisation 1C0.33% a year · £2.9bn
- CUS1iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETF Accum.Ptg.Shs USD0.43% a year · £2.1bn
- ISP6iShares S&P SmallCap 600 UCITS ETF USD0.30% a year · £1.9bn
- WOSCState Street SPDR MSCI World Small Cap UCITS ETF0.45% a year · £1.3bn
- AVSGAvantis Global Small Cap Value UCITS ETF AccumUSD0.39% a year · £1.2bn
- USSCState Street SPDR MSCI USA Small Cap Value Weighted UCITS ETF Accum Ptg USD0.30% a year · £806m
Fund documents and methods
- Fund documents
- Fund page at Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
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