Xtrackers MSCI Europe Utilities

ETF description

This ETF is designed to give investors exposure to shares of utilities companies in Europe — that means it holds stocks of firms that provide essential services such as electricity, gas and water across developed European countries. Its aim is to reflect the performance of a specific index of European utilities companies that meet certain environmental, social and governance (ESG) criteria, so only companies that pass these screening standards are included in the group of holdings.

Because this ETF concentrates on a specific industry — utilities in Europe — its value will generally move in line with how that sector performs, which can be affected by factors such as energy demand, regulation, costs of service delivery and broader economic conditions.

Issuer details

Xtrackers is a large and established provider of high quality ETFs and exchange traded commodities (ETCs). It is the ETF and ETC segment of the German asset manager DWS.

Xtrackers ETFs are listed on eleven stock exchanges globally and have over £169.53bn (as at June 2024) in assets under management, making Xtrackers one of the largest providers of ETFs and ETCs by AUM.

Index details

The MSCI World Utilities TRN Index aims to reflect the performance of large and mid‑cap companies from global developed markets part of the Utilities sector as classified by GICS, weighted by free‑float adjusted market capitalisation and reviewed on a quarterly basis.’