DWS has lowered the total expense ratios (TER) for seven Xtrackers ETFs effective March 1, 2026, affecting a total of 14 share classes.
Article created by the editorial staff of ETFWorld.co.uk
Simon Klein, Global Head of Xtrackers Sales at DWS
The adjustment involves equity and bond funds that managed approximately €20 billion in assets as of the end of January 2026.
The move is part of the periodic review of the commission structure for the Xtrackers product range. The reduction takes effect just days after the assets under management in Xtrackers UCITS ETFs exceeded the €300 billion mark for the first time on February 20 [quoted from the press release].
Among the funds benefiting from the permanent reduction is the Xtrackers MSCI USA UCITS ETF 1C (ISIN: IE00BJ0KDR00), whose fee drops from 0.07% to 0.03%. According to market data, this is one of the largest equity ETFs in the range to benefit from the cut. On the fixed income side, the Xtrackers II Eurozone Government Bond 1–3 UCITS ETF 1C (ISIN: LU0290356871) sees its TER reduced from 0.15% to 0.10%.
In addition to the permanent reductions, DWS has applied a temporary reduction until September 1, 2026, for the Xtrackers MSCI Emerging Markets Swap UCITS ETF 1C (ISIN: LU0292107645), with its fee dropping from 0.49% to 0.12%. The fund, which synthetically replicates the MSCI Emerging Markets index, had a TER of 0.49% prior to this adjustment.
Simon Klein, Global Head of Xtrackers Sales at DWS, stated: “The fee structure is an important component that contributes to making an ETF competitive. Economies of scale, technological efficiency gains, and increased volumes allow us to pass on these cost advantages to our investors. Precision in index tracking and liquidity remain unchanged even with the new fee structure.”
Michael Mohr, Global Head of Xtrackers Products, added: “The European ETF market has evolved from a niche to a core investment for broad investor groups. For this reason, broadly diversified ETFs on major asset classes with competitive costs represent a central element in the overall package of price, liquidity, and tracking quality. With these adjustments, we are sending a clear signal to position Xtrackers ETFs as building blocks for strategic equity and bond allocations.”
Below are the details of the changes communicated by DWS:
| ETF Name | Previous TER | New TER | ISIN |
|---|---|---|---|
| Xtrackers II Eurozone Government Bond 1-3 UCITS ETF 1C | 0.15% | 0.10% | LU0290356871 |
| Xtrackers II Eurozone Government Bond 1-3 UCITS ETF 1D | 0.15% | 0.10% | LU0614173549 |
| Xtrackers MSCI EMU UCITS ETF 1D | 0.12% | 0.09% | LU0846194776 |
| Xtrackers MSCI USA UCITS ETF 1C | 0.07% | 0.03% | IE00BJ0KDR00 |
| Xtrackers MSCI USA UCITS ETF 1D | 0.07% | 0.03% | IE00BK1PV445 |
| Xtrackers MSCI USA UCITS ETF 3C – CHF Hedged | 0.12% | 0.08% | IE00BG04LZ52 |
| Xtrackers MSCI USA UCITS ETF 2C – EUR Hedged | 0.12% | 0.08% | IE00BG04M077 |
| Xtrackers S&P 500 Swap II UCITS ETF 1C* | 0.05% | 0.04% | IE000HY30YW6 |
| Xtrackers S&P 500 UCITS ETF 4C | 0.05% | 0.03% | IE000Z9SJA06 |
| Xtrackers S&P 500 UCITS ETF 1C EUR Hedged | 0.20% | 0.05% | IE00BM67HW99 |
| Xtrackers S&P 500 UCITS ETF 3C CHF Hedged | 0.20% | 0.05% | IE00B8KMSQ34 |
| Xtrackers S&P 500 UCITS ETF 1D EUR Hedged | 0.20% | 0.05% | IE00BGJWX091 |
| Xtrackers MSCI World UCITS ETF 3C – CHF Hedged** | 0.17% | 0.14% | IE0009KLWT21 |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1C*** | 0.49% | 0.12% | LU0292107645 |
*The current temporary reduction will be converted into a permanent fee reduction.
**Share class not registered for trading in Germany.
***Temporary reduction from March 1, 2026, to September 1, 2026.
Source: ETFWorld.co.uk
Subscribe to Our Newsletter
