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›ETF Issuers›Xtrackers by DWS›XMAF
ETF screener
XMAF
LU0592217524
Passive ETFEquity

XMAF ETF · Xtrackers MSCI Africa Top 50 Swap UCITS ETF

The XMAF Exchange Traded Fund (ETF) is provided by Xtrackers by DWS. It is built to track an index: MSCI EFM Africa Top 50 Capped Index. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). The dividend policy is capitalization.
Last update 6/12/2026, 7:00 AM UTC
LIVE
CLOSED
This fund is part ofEmerging Market Blended Cap1M perf.-1.31%
Last price
$10.31
1M perf.
-9.21%
1M flows
N/A
AuM
€71M
TER
0.65%
Rating
ESG Consensus®
esg grade icon
XMAF
$10.31

Performance & flows

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March 11, 2026 → June 11, 2026
0-5%0%5%10%15%20%APRMAYJUNAPRMAYJUN
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XMAF
$10.06
-3.05%
Emerging Market Blended Cap
+10.49%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-9.21%
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-3.05%
icon
+12.78%
icon
+56.11%
icon
+20.34%
icon
-5.61%
+2.03%
-6.30%
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Flows

Key fund info

Segment for quartile rank
Main characteristics
ISIN
LU0592217524
AuM
€71M
icon
TER
0.65%
icon
Replication rating
icon
ESG Consensus®
esg grade icon
More details
NAV
6/11/2026
$10.06
1D NAV change
-1.10%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
N/A
Inception date
5/9/2011
Jurisdiction
Luxembourg
Distribution
Ireland
Norway
Sweden
United Kingdom
Germany
Legal structure
SICAV
Base currency
USD
Classification
Product type
Asset class
Factors
N/A
Investment strategy
The investment objective of the Fund is to track the performance of the MSCI EFM Africa Top 50 Capped TRN Index which is designed to reflect the performance of the shares of 50 companies in African emerging and frontier market countries, as classified by MSCI Inc.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
-3.05%
icon
+12.78%
icon
+56.11%
icon
+20.34%
icon
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
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Exposure

The XMAF ETF provides synthetic exposure. It uses derivatives to replicate the index's performance, so we do not display its exposure breakdown.

To find out more about XMAF's exposure, please refer to the as provided by Xtrackers by DWS.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
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Replication

Trackinsight replication rating:
1-year trailing difference
As of May 29, 2026
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XMAF
N/A
Replication quality
Calculated over 12m, as of May 29, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

Xtrackers by DWS
Xtrackers by DWS ID Card
Number of funds
503
Total AuM
€350.58B
Expense ratio range
0.03% - 0.95%
Average expense ratio
0.2419%

Frequently asked questions about XMAF

What does Xtrackers MSCI Africa Top 50 Swap UCITS ETF, XMAF, invest in?

XMAF is a Passive ETF. This ETF provides exposure to Large Cap African Equities.

Which benchmark or index does XMAF replicate?

XMAF tracks the MSCI EFM Africa Top 50 Capped Net Total Return Index - USD, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of XMAF?

XMAF carries a total expense ratio (TER) of 0.65%, indicating the annual cost for holding the fund.

When was XMAF launched?

XMAF was introduced to the market on May 9, 2011. It trades on Ireland, among other exchanges

Who is the ETF issuer of XMAF?

Xtrackers MSCI Africa Top 50 Swap UCITS ETF, XMAF, is provided by Xtrackers by DWS. Learn more about Xtrackers by DWS here.

What is the current assets under management (AUM) of XMAF?

XMAF oversees €71M in assets as of June 11, 2026.

How has XMAF performed lately?

Based on data from June 11, 2026, XMAF returned -9.21% over the past month, -3.05% over the last three months and -6.30% year-to-date.

What are the latest inflows or outflows for XMAF?

As of June 11, 2026, XMAF recorded net flows of +€13M year-to-date.

Does XMAF distribute dividends?

XMAF follows a capitalizing, meaning it reinvests income within the fund.

What is the base currency of XMAF?

The base currency of XMAF is USD.

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