DWS ISIN IE0004KLW911

DWS Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF

DWS Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF is a passive bond ETF from DWS, ISIN IE0004KLW911.

  • Passive
  • Bond
  • Global
  • Fund size (GBP) £190.3M

The fund aims to reflect the performance of the iBoxx MSCI ESG USD Emerging Markets Sovereigns Quality Weighted Index (index).The index is designed to represent the performance of USD denominated bonds issued by governments or central banks in emerging market countries. The index considers fundamental economic indicators and MSCI ESG Government Ratings (ESG Ratings) for selection and weighting purposes.Bonds issued by countries with favourable fundamental economic indicators and higher ESG Ratings will have higher representation in the index compared to countries with weaker economic fundamental indicators and lower ESG Ratings. Bonds are only eligible for inclusion in the index if they meet certain pre determined selection and eligibility criteria including a minimum credit rating. Following the application of all financial screening criteria as described above, the index ranks countries still eligible for inclusion by their ESG Rating. Starting with the lowest rating, countries will be excluded until the cumulative market value weight of such exclusions reaches a minimum 20% threshold (effectively a "best-in-universe" approach).The index is administered by IHS Markit Benchmark Administration Limited. The index is calculated on a total return gross basis, meaning all distributions paid by the issuers of the bonds are treated as being reinvested. The index is rebalanced on a monthly basis and country weightings are re-allocated quarterly.To achieve the aim, the fund will attempt to replicate the index, before fees and expenses, by buying a portfolio of securities that may comprise the constituents of the index or other unrelated investments as determined by DWS entities. The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of derivatives.

How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
−1.1%
1 year return
+6.8%
3 year return
–
5 year return
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
  • 1 month −1.5%
  • 3 months −5.0%
  • Volatility, 3 years 6.7%
  • Ongoing charge (OCF)
  • Fund size (GBP) £190.3M

What the fund holds

Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 8 Oct 2026. Swipe or use the arrows for more panels.

By sector

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 8 Oct 2026.
Government Related99.2%
Treasuries0.8%

By country

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 8 Oct 2026.
Türkiye8.0%
Indonesia8.0%
Qatar8.0%
See all countriesA free account shows the full list.

By asset class

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 8 Oct 2026.
GCC Fixed Interest31.6%
American Emerging Fixed Interest17.0%
Middle East & African Fixed Interest8.0%
See all asset classesA free account shows the full list.

Largest holdings

The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 8 Oct 2026.
  1. 1. REPUBLICA ARGENTINA FRN 09/07/35 USD11.7%
  2. 2. QATAR(STATE OF) 5.103% BDS 23/04/48 USD2000001.0%
  3. 3. QATAR(STATE OF) 4.817% BDS 14/03/49 USD2000001.0%
  4. 4. REPUBLICA ARGENTINA FRN 09/01/38 USD11.0%
  5. 5. KUWAIT INTL BOND0.9%
See all holdingsA free account shows the full list.

Macro events and this fund

Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.

Performance, risk and facts

Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.

Against its benchmark

How the fund compares with its benchmark over the same period.

Risk

How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years6.7%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)0.00
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−8.2%

Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.

Sharpe, alpha, beta: FE fundinfo, as at 7 Jul 2026.

Fund facts

Legal and cost facts for a client note. As reported by the manager.
ISIN
IE0004KLW911
Management company
Xtrackers (IE) Public Limited Company
Depositary
State Street Custodial Services (Ireland) Limited
Benchmark
iBoxx MSCI ESG USD Emerging Markets Sovereigns Quality Weighted Index
Ongoing charge
Share class launch date
15 Jun 2022
Domicile
IE
Fund type
open-ended fund
SRRI
4 of 7

What a sum would have become

What an amount would have grown to over the period.
n/a

Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.