# Xtrackers MSCI China A UCITS ETF Capitalisation -1C- (XX25) **Page:** https://fundology.uk/fund/xx25 · ISIN LU0292109856 ## 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, XX25 (Xtrackers MSCI China A UCITS ETF Capitalisation -1C-, ISIN LU0292109856) closed at £26.61 on the London Stock Exchange. Its ongoing charge is 0.46% a year (about £46 on £10,000). Over the five years to 13/11/2026 its total return was −4.9%, or −25.8% after UK CPIH inflation. ## Summary Xtrackers MSCI China A UCITS ETF Capitalisation -1C- is an exchange-traded fund (ETF) from Xtrackers, launched in 2007. It tracks the MSCI China A Inclusion Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.46% a year — about £46 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: **£26.61** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XX25 | | ISIN | LU0292109856 | | Also listed as | XX2D (London Stock Exchange, US dollars), DBX9 (Xetra, euros) | | Category | Emerging markets | | Type | ETF | | Provider | Xtrackers | | Tracks | MSCI China A Inclusion Index | | Income | Accumulating | | Ongoing charge | 0.46% a year (£46 per £10,000) | | Fund size | £89.5m | | Launched | 2007 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2011 | ## 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 | -7.67% | -10.94% | income reinvested | | 3 years | +28.89% | +16.44% | income reinvested | | 5 years | -4.93% | -25.80% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers MSCI China A UCITS ETF Capitalisation -1C- in pounds (price, with income reinvested in the fund): 2022 −11.1%, 2023 −18.2%, 2024 +25.3%, 2025 +22.2%; 2026 to 13/11/2026 −9.2%. Returns of Xtrackers MSCI China A UCITS ETF Capitalisation -1C- in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +2.3%; to 30/09/2025: +15.7%; to 30/09/2024: +13.6%; to 30/09/2023: −4.8%; to 30/09/2022: −16.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -11.1% | -18.7% | Price | | 2023 | -18.2% | -21.5% | Price | | 2024 | +25.3% | +21.1% | Price | | 2025 | +22.2% | +18.0% | Price | | 2026 to 13/11/2026 | -9.2% | -12.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 17.02% | -20.20% | | 3 years | 22.47% | -20.20% | | 5 years | 26.19% | -41.60% | ## Largest fall Volatility of Xtrackers MSCI China A UCITS ETF Capitalisation -1C- in pounds, annualised from weekly returns to 13/11/2026: 17.0% over 1 year, 22.5% over 3 years, 26.2% over 5 years. Largest fall in the price of Xtrackers MSCI China A UCITS ETF Capitalisation -1C- since November 2021, in pounds: −40.2% from 19/11/2021 to 19/01/2024. The lowest 12-month return of Xtrackers MSCI China A UCITS ETF Capitalisation -1C- in pounds (price, with income reinvested in the fund) since January 2021 was −36.6% (12 months to 28/10/2022); the highest was +44.9% (12 months to 17/01/2025). On 13/11/2026 the price of Xtrackers MSCI China A UCITS ETF Capitalisation -1C- was 18.7% below its highest weekly close since November 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers MSCI China A UCITS ETF Capitalisation -1C- 0.46% a year. Compared on 14/11/2026, 65 of the 151 other emerging-market share funds charge more, 1 the same and 85 less (share classes counted once). ## Funds tracking the same index 5 funds track MSCI China A Inclusion Index, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.46% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | HSBC MSCI China A UCITS ETF AccumHedged USD | 0.40% | -11.2% | — | — | | HSBC MSCI China A UCITS ETF AccumUSD | 0.30% | -7.1% | +7.1% | — | | HSBC MSCI China A UCITS ETF USD | 0.30% | -7.6% | +17.4% | -14.4% | | iShares MSCI China A UCITS ETF | 0.40% | -7.7% | +17.2% | -15.2% | | Xtrackers MSCI China A UCITS ETF Capitalisation -1C- (this fund) | 0.46% | -7.7% | +28.9% | -4.9% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.46%** 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, XX25 holds 420 positions, according to its published holdings. The largest is US Dollar at 6.30% of the fund; the ten largest make up 22.2%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | US Dollar | — | 6.30% | | 2 | Kweichow Moutai | [600519](https://fundology.uk/stock/600519) | 3.83% | | 3 | Contemporary Amperex Technology | [300750](https://fundology.uk/stock/300750) | 2.29% | | 4 | China Merchants Bank | [600036](https://fundology.uk/stock/600036) | 1.91% | | 5 | China Yangtze Power | [600900](https://fundology.uk/stock/600900) | 1.57% | | 6 | Agricultural Bank of China | [601288](https://fundology.uk/stock/601288) | 1.34% | | 7 | Cambricon Technologies | [688256](https://fundology.uk/stock/688256) | 1.33% | | 8 | Ping An Insurance (Group) Company of China | [601318](https://fundology.uk/stock/601318) | 1.23% | | 9 | Zhongji Innolight | [300308](https://fundology.uk/stock/300308) | 1.23% | | 10 | Zijin Mining Group | [601899](https://fundology.uk/stock/601899) | 1.20% | ## 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 08/11/2026. | Sector | Weight | |---|---| | Information Technology | 25.3% | | Financials | 21.8% | | Industrials | 13.8% | | Materials | 12.1% | | Consumer Staples | 8.1% | | Health Care | 4.9% | | Consumer Discretionary | 4.5% | | Utilities | 3.8% | | Other sectors | 5.3% | | Not classified | 0.2% | The 417 holdings on record (of 420 reported): https://fundology.uk/fund/xx25/holdings ## Questions people ask **What is the ongoing charge of XX25?** The ongoing charge of XX25 is 0.46% a year — about £46 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 China A UCITS ETF Capitalisation -1C- 0.46% a year. Compared on 14/11/2026, 65 of the 151 other emerging-market share funds charge more, 1 the same and 85 less (share classes counted once). **What does XX25 track?** XX25 tracks the MSCI China A Inclusion Index. **Is XX25 accumulating or distributing?** XX25 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 XX25?** The ISIN of XX25 is LU0292109856. An ISIN identifies one exact share class of a fund; XX25 is its ticker on the London Stock Exchange. The same share class is also listed as XX2D (London Stock Exchange, US dollars) and DBX9 (Xetra, euros). **What does XX25 hold?** As of 15/11/2026, XX25 holds 420 positions, according to its published holdings. The largest is US Dollar at 6.30% of the fund; the ten largest make up 22.2%. Its ten largest holdings are US Dollar (6.30%), Kweichow Moutai (3.83%), Contemporary Amperex Technology (2.29%), China Merchants Bank (1.91%), China Yangtze Power (1.57%), Agricultural Bank of China (1.34%), Cambricon Technologies (1.33%), Ping An Insurance (Group) Company of China (1.23%), Zhongji Innolight (1.23%) and Zijin Mining Group (1.20%). **What were XX25’s returns in each of the last five years?** Calendar-year returns of XX25 in pounds (price, with income reinvested in the fund): 2022 −11.1%, 2023 −18.2%, 2024 +25.3%, 2025 +22.2%; 2026 to 13/11/2026 −9.2%. Past performance is not a guide to future returns. **How has XX25 done after inflation?** Over the five years to 13/11/2026 XX25’s total return was −4.9%, or −25.8% 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/LU0292109856-msci-china-a-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.