# Xtrackers S&P Europe ex UK UCITS ETF (XUEK) **Source:** https://fundology.uk/fund/xuek · ISIN IE00BGV5VM45 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, XUEK (Xtrackers S&P Europe ex UK UCITS ETF, ISIN IE00BGV5VM45) closed at £75.36 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the five years to 30/09/2026 its total return was +57.1%, or +22.8% after UK CPIH inflation. ## Summary Xtrackers S&P Europe ex UK UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2019. It tracks the S&P Europe x United Kingdom LargeMidCap. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.09% a year — about £9 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: **£75.36** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XUEK | | ISIN | IE00BGV5VM45 | | Category | European shares | | Type | ETF | | Provider | Xtrackers | | Tracks | S&P Europe x United Kingdom LargeMidCap | | Income | Distributing | | Ongoing charge | 0.09% a year (£9 per £10,000) | | Fund size | £413m | | Launched | 2019 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +15.47% | +11.85% | income reinvested | | 3 years | +53.29% | +38.32% | income reinvested | | 5 years | +57.12% | +22.83% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers S&P Europe ex UK UCITS ETF in pounds (price only, income paid out not included): 2022 −11.7%, 2023 +12.4%, 2024 0.0%, 2025 +23.1%; 2026 to 30/09/2026 +5.5%. Returns of Xtrackers S&P Europe ex UK UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +12.2%; to 30/09/2025: +10.1%; to 30/09/2024: +13.8%; to 30/09/2023: +16.2%; to 30/09/2022: −18.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -11.7% | -19.2% | Price | | 2023 | +12.4% | +7.9% | Price | | 2024 | +0.0% | -3.4% | Price | | 2025 | +23.1% | +18.9% | Price | | 2026 to 30/09/2026 | +5.5% | +2.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 13.43% | -10.88% | | 3 years | 12.93% | -10.88% | | 5 years | 14.66% | -22.26% | ## Largest fall Volatility of Xtrackers S&P Europe ex UK UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 13.4% over 1 year, 12.9% over 3 years, 14.7% over 5 years. Largest fall in the price of Xtrackers S&P Europe ex UK UCITS ETF since October 2021, in pounds: −22.3% from 12/11/2021 to 14/10/2022. The lowest 12-month return of Xtrackers S&P Europe ex UK UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −17.6% (12 months to 14/10/2022); the highest was +24.6% (12 months to 19/12/2025). On 30/09/2026 the price of Xtrackers S&P Europe ex UK UCITS ETF was 5.6% below its highest weekly close since October 2021 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers S&P Europe ex UK UCITS ETF 0.09% a year, as of 01/10/2026: 211 of the 225 other European share funds charge more, 6 the same and 8 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.09%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 01/10/2026): | Holding | Weight | |---|---| | ASML | 6.66% | | Roche Ps Par | 2.79% | | Novartis | 2.52% | | Nestle | 2.23% | | Siemens N | 2.18% | | SAP | 2.03% | | Banco Santander | 2.02% | | Allianz | 1.73% | | Schneider Electric | 1.73% | | TotalEnergies | 1.71% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Sector | Weight | |---|---| | Financials | 26.1% | | Industrials | 20.2% | | Health Care | 12.4% | | Information Technology | 12.4% | | Consumer Discretionary | 6.4% | | Consumer Staples | 6.1% | | Utilities | 4.7% | | Materials | 4.3% | | Other sectors | 7.4% | ### By country Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Country | Weight | |---|---| | Switzerland | 17.8% | | France | 17.7% | | Germany | 17.2% | | Netherlands | 11.6% | | Spain | 7.6% | | Italy | 7.0% | | Sweden | 6.6% | | Denmark | 3.2% | | Other countries | 11.2% | | Not classified | 0.1% | ### By type of asset Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Type of asset | Weight | |---|---| | Equity | 99.8% | | Cash and money market | 0.2% | All 309 holdings: https://fundology.uk/fund/xuek/holdings --- 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.