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XZSE ETF · Xtrackers MSCI Europe Small Cap ESG UCITS ETF
The XZSE Exchange Traded Fund (ETF) is provided by Xtrackers by DWS. It is built to track an index: MSCI Europe Small Cap Low Carbon SRI Screened Select Index. The XZSE ETF provides physical exposure, so by buying it you actually own parts of all the 628 underlying holdings. The dividend policy is capitalization.
Real-time data unavailable for XZSE
LIVE
CLOSED
This fund is part ofEurope Small Cap1M perf.-7.60%
Last price
N/A
1M perf.
-4.37%
1M flows
N/A
AuM
€6.5M
E/R
0.25%
Rating
Not rated
ESG Consensus®
XZSE
N/A
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
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XZSE
€30.05
+1.91%
Europe Small Cap
+0.52%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -4.37%  | +1.91% | N/A | N/A | N/A | -5.71% | -1.19% | -1.19% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/12/2026
€30.05
1D NAV change
-0.51%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
628
Inception date
8/5/2025
Jurisdiction
Ireland
Distribution
Italy
United Kingdom
Sweden
Norway
Netherlands
Legal structure
Open-end Investment Company
Base currency
EUR
Classification
Product type
Benchmark
MSCI Europe Small Cap Low Carbon SRI Screened Select Index
Asset class
Factors
N/A
Investment strategy
The aim is for your investment to track the performance, before fees and expenses, of the MSCI Europe Small Cap Low Carbon SRI Screened Select Index (index).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.91%  | N/A | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Learn more about Trackinsight EnterpriseExposure
Countries
United Kingdom
28.40%
Sweden
11.45%
Switzerland
11.36%
Germany
7.85%
France
6.63%
Denmark
5.09%
Belgium
3.93%
Norway
3.80%
Unavailable
0.20%
Other
21.29%
Sectors
Industrials
23.39%
Financials
18.33%
Real Estate
10.62%
Consumer Discretionary
9.88%
Materials
7.61%
Health Care
7.07%
Information Technology
5.96%
Communication Services
4.80%
Unavailable
7.35%
Other
5.00%
Diversification
Total weight of top 15 holdings out of 628
Top 15 holdings
Data as of January 31, 2026
BAWAG GROUP AG
WEIR GROUP
ST.JAMES'S PLACE
DIPLOMA
BEAZLEY PLC
PSP SWISS PROPERTY
CH1169360919
KONECRANES OYJ
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SPIE PROMESSES
GAMES WORKSHOP GROUP
INTERMEDIATE CAPITAL
UNI STOREBRAND
NKT
ACKERMANS V.HAAR
HISCOX
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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
Yes
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about XZSE ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
XZSE’s has a Final Sustainability Grade of either A+, A, or A-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
95.27% of holdings have positive scoring
4.73% of holdings have negative scoring
34.35%
50.85%
10.07%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
MSCI Europe Small Cap Low Carbon SRI Screened Select NTR Index - EUR
Index ticker
NE758488 Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Xtrackers by DWS
Xtrackers by DWS ID Card
Number of funds
490
Total AuM
€323.47B
Expense ratio range
0.03% - 0.95%
Average expense ratio
0.2452%
Top 5 funds by Xtrackers by DWS
| AuM | ||
|---|---|---|
XEON | Xtrackers II EUR Overnight Rate Swap UCITS ETF | €19.33B |
XDWD | Xtrackers MSCI World UCITS ETF | €16.51B |
XMME | Xtrackers MSCI Emerging Markets UCITS ETF | €9.66B |
XD9U | Xtrackers MSCI USA UCITS ETF | €9.25B |
XDEW | Xtrackers S&P 500 Equal Weight UCITS ETF | €9.22B |
Frequently asked questions about XZSE
What does Xtrackers MSCI Europe Small Cap ESG UCITS ETF, XZSE, invest in?
XZSE is a Passive ETF. This ETF provides exposure to Small Cap European Equities.
Which benchmark or index does XZSE replicate?
XZSE tracks the MSCI Europe Small Cap Low Carbon SRI Screened Select NTR Index - EUR, through a full replication replication method.
What is the Total Expense ratio (TER) of XZSE?
XZSE carries a total expense ratio (TER) of 0.25%, indicating the annual cost for holding the fund.
When was XZSE launched?
XZSE was introduced to the market on August 5, 2025. It trades on Italy, among other exchanges
Who is the ETF issuer of XZSE?
Xtrackers MSCI Europe Small Cap ESG UCITS ETF, XZSE, is provided by Xtrackers by DWS. Learn more about Xtrackers by DWS here.
What is the current assets under management (AUM) of XZSE?
XZSE oversees €6.5M in assets as of March 12, 2026.
How has XZSE performed lately?
Based on data from March 12, 2026, XZSE returned -4.37% over the past month, 1.91% over the last three months and -1.19% year-to-date.
What are the latest inflows or outflows for XZSE?
As of March 12, 2026, XZSE recorded net flows of +€1.3M year-to-date.
Does XZSE distribute dividends?
XZSE follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of XZSE?
As of January 31, 2026, XZSE has significant geographic allocations in United Kingdom, Sweden and Switzerland.
In which sector or theme does XZSE invest in?
As of January 31, 2026, XZSE focuses largely on Industrials, Financials and Real Estate.
How many securities does XZSE hold and how diversified is it?
As of January 31, 2026, XZSE holds 628 positions in its portfolio, with 10.50% of assets concentrated in its top 15 holdings.
What are the main positions in XZSE?
As of January 31, 2026, XZSE top three holdings include BAWAG GROUP AG, WEIR GROUP and ST.JAMES'S PLACE.
What is the base currency of XZSE?
The base currency of XZSE is EUR.
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