Xtrackers MSCI USA Financials

ETF description

This ETF focuses on companies in the financial sector within the United States. These companies include banks, insurance providers, investment firms, and other financial service providers. The financial sector plays a key role in the economy, as it helps individuals, businesses, and governments manage money, access credit, and invest for the future.

The ETF includes a range of financial companies, from large multinational banks to specialized firms that focus on areas such as asset management, payment processing, or real estate financing. Because financial businesses often respond to factors like interest rates, economic growth, and regulatory changes, the performance of this ETF can be influenced by these trends.

This ETF may appeal to investors who want exposure to the U.S. financial sector as a whole, rather than investing in individual companies.

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 USA Financials Net Total Return USD Index aims to reflect the performance of large and mid cap companies from USA part of the Financial sector as classified by GICS and is weighted by free‑float adjusted market capitalisation.