ETF · Xtrackers
XZEU Xtrackers MSCI Europe ESG UCITS ETF Accum EUR
ISIN IE00BFMNHK08London Stock Exchange: XZEUDeutsche Bank AG
- Sustainable & clean energy
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£30.90
on
- Ongoing charge
- 0.20% a year
- Fund size
- £738m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 01/10/2026, XZEU (Xtrackers MSCI Europe ESG UCITS ETF Accum EUR, ISIN IE00BFMNHK08) closed at £30.90 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 01/10/2026 its total return was +43.1%, or +11.9% after UK CPIH inflation.
Past returns
- 1 year to 01/10/2026
- +9.6%
- +6.2% after inflation (UK CPIH)
- 3 years to 01/10/2026
- +40.4%
- +26.7% after inflation (UK CPIH)
- 5 years to 01/10/2026
- +43.1%
- +11.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,431 on 01/10/2026 — about £1,119 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS 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 Europe ESG UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund): 2022 −7.8%, 2023 +14.2%, 2024 +6.6%, 2025 +12.9%; 2026 to 01/10/2026 +6.0%. Returns of Xtrackers MSCI Europe ESG UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +11.0%; to 30/09/2025: +4.4%; to 30/09/2024: +20.3%; to 30/09/2023: +17.8%; to 30/09/2022: −13.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +6.0% | +3.0% | |
| +12.9% | +9.1% | ||
| +6.6% | +2.9% | ||
| +14.2% | +9.7% | ||
| −7.8% | −15.6% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +11.0% | Not available |
| from | +4.4% | +0.3% |
| from | +20.3% | +17.2% |
| from | +17.8% | +10.7% |
| from | −13.8% | −20.8% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
13.9%over 5 years
| 1 year | 13.6% |
|---|---|
| 3 years | 12.5% |
| 5 years | 13.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −17.9%
- From to
- Lowest 12-month return
- −12.9%
- 12 months to
- Highest 12-month return
- +24.4%
- 12 months to
- Below its highest weekly close since October 2021
- 4.7%
- High of , latest
In words: Volatility of Xtrackers MSCI Europe ESG UCITS ETF Accum EUR in pounds, annualised from weekly returns to 01/10/2026: 13.6% over 1 year, 12.5% over 3 years, 13.9% over 5 years. Largest fall in the price of Xtrackers MSCI Europe ESG UCITS ETF Accum EUR since October 2021, in pounds: −17.9% from 12/11/2021 to 14/10/2022. The lowest 12-month return of Xtrackers MSCI Europe ESG UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund) since January 2021 was −12.9% (12 months to 14/10/2022); the highest was +24.4% (12 months to 18/10/2024). On 01/10/2026 the price of Xtrackers MSCI Europe ESG UCITS ETF Accum EUR was 4.7% below its highest weekly close since October 2021 (12/08/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.20%
- a year
- On £10,000
- £20
- a year, roughly
- Over five years
- £100
- of £10,000, before growth
- 37 charge less
- 14 the same
- 112 charge more
Ongoing charge of Xtrackers MSCI Europe ESG UCITS ETF Accum EUR 0.20% a year, as of 02/10/2026: 112 of the 163 other sustainable and clean-energy funds charge more, 14 the same and 37 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Xtrackers MSCI Europe ESG UCITS ETF Accum EUR is an exchange-traded fund (ETF) from Xtrackers, launched in 2018.
It tracks the MSCI Europe Low Carbon SRI Leaders Index - EUR - Benchmark TR Net — large and medium-sized European companies.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.2% a year — about £20 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.
Sustainable & clean energy: Funds that screen companies on environmental, social or governance grounds, or focus on clean energy.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XZEU
- ISIN
- IE00BFMNHK08
- Provider
- Xtrackers
- Tracks
- MSCI Europe Low Carbon SRI Leaders Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.20% a year · about £20 on £10,000
- Fund size
- £738m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Sustainable & clean energy
Price chart
Since 31/07/2026, the closing price went from £31.83 on 31/07/2026 to £30.90 on 01/10/2026 (−2.9%). The lowest close shown was £30.90 on 01/10/2026 and the highest £32.43 on 12/08/2026.
Chart: closing prices we have recorded since 31/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 01/10/2026. The same history in October 2026 pounds, adjusted with ONS 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
- 191
- on record
- Ten largest
- 39.4%
- of the whole fund
- Effective number of holdings
- 40
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 10.5%
- ASML
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | ASMLASMLInformation TechnologyNetherlands | 10.48% |
| 2 | HSBCHSBAFinancialsUnited Kingdom | 5.46% |
| 3 | NovartisNOVNHealth CareSwitzerland | 4.23% |
| 4 | Siemens NIndustrialsGermany | 3.69% |
| 5 | SAPSAPInformation TechnologyGermany | 3.39% |
| 6 | Schneider ElectricSUIndustrialsFrance | 2.94% |
| 7 | AllianzALVFinancialsGermany | 2.91% |
| 8 | ABBABJIndustrialsSwitzerland | 2.39% |
| 9 | Novo Nordisk · Class BNOVO_BHealth CareDenmark | 1.96% |
| 10 | Lair Liquide Societe Anonyme PourMaterialsFrance | 1.90% |
Source: Xtrackers, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- Financials28.7%
- Industrials21.1%
- Information Technology13.9%
- Health Care13.4%
- Consumer Staples5.7%
- Consumer Discretionary5.5%
- Materials5.3%
- Communication Services4.1%
- Other sectors2.2%
By country
- Switzerland16.9%
- Netherlands15.7%
- United Kingdom15.6%
- Germany15.3%
- France15.0%
- Denmark4.2%
- Sweden3.6%
- Italy2.6%
- Other countries11.1%
By type of asset
- Equity100.0%
- Cash and money market0.1%
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.
More of the portfolio
The fund publishes 191 holdings; the ten largest make up 39.4% 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
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, 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, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 01/10/2026 (133 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of XZEU?
The ongoing charge of XZEU is 0.20% a year — about £20 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 Europe ESG UCITS ETF Accum EUR 0.20% a year, as of 02/10/2026: 112 of the 163 other sustainable and clean-energy funds charge more, 14 the same and 37 less (share classes counted once).
What does XZEU track?
XZEU tracks the MSCI Europe Low Carbon SRI Leaders Index - EUR - Benchmark TR Net — large and medium-sized European companies.
Is XZEU accumulating or distributing?
XZEU 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 XZEU?
The ISIN of XZEU is IE00BFMNHK08. An ISIN identifies one exact share class of a fund; XZEU is its ticker on the London Stock Exchange.
What does XZEU hold?
As of 01/10/2026, XZEU holds 191 positions, according to the holdings Xtrackers publishes. The largest is ASML at 10.48% of the fund; the ten largest make up 39.4%. Its ten largest holdings are ASML (10.48%), HSBC (5.46%), Novartis (4.23%), Siemens N (3.69%), SAP (3.39%), Schneider Electric (2.94%), Allianz (2.91%), ABB (2.39%), Novo Nordisk · Class B (1.96%) and Lair Liquide Societe Anonyme Pour (1.90%).
What were XZEU’s returns in each of the last five years?
Calendar-year returns of XZEU in pounds (price, with income reinvested in the fund): 2022 −7.8%, 2023 +14.2%, 2024 +6.6%, 2025 +12.9%; 2026 to 01/10/2026 +6.0%. Past performance is not a guide to future returns.
How has XZEU done after inflation?
Over the five years to 01/10/2026 XZEU’s total return was +43.1%, or +11.9% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- XESUXtrackers MSCI USA ESG UCITS ETF0.15% a year · £5.1bn
- SUSWiShares MSCI World SRI UCITS ETF0.20% a year · £4.6bn
- XESWXtrackers MSCI World ESG UCITS ETF0.22% a year · £3.3bn
- UC44UBS ETF - MSCI World Socially Responsible UCITS ETF A Distribution0.22% a year · £2.8bn
- WESGAmundi MSCI World SRI Climate Paris Aligned UCITS ETF Accum EUR0.19% a year · £2.4bn
- IESGiShares MSCI Europe SRI UCITS ETF0.24% a year · £2.0bn
- SUUSiShares MSCI USA SRI UCITS ETF0.20% a year · £1.9bn
- SUESiShares MSCI EM SRI UCITS ETF0.25% a year · £1.9bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Xtrackers, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.