Xtrackers MSCI USA Banks

American companies

(XUFB)
£22.70
Previous business day’s close price
+£9.09 (+66.76%)
max available period
£10.02
£22.70

06 Dec 18
06 Nov 24

Details

ETF description

This ETF is designed to track the performance of a group of U.S. banks, providing investors with exposure to the American banking sector. It includes shares of large and mid‑sized banks that are involved in a range of financial services, such as lending, deposit‑taking, investment banking, and wealth management. By investing in this ETF, you gain access to a variety of institutions that play a key role in the U.S. financial system.

This ETF may appeal to investors who are interested in the financial industry and want to focus on the banking sector in particular. It offers a way to invest in a basket of companies that are integral to the U.S. economy, benefiting from factors such as economic growth, interest rate changes, and consumer spending.

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 Banks 20/35 Capped Indexaims to reflect the performance of large and mid‑cap companies listed in the USA, that are classified for the industry group as banks according to the Global Industry Classification Standard (GICS). Weighted by free‑float adjusted market capitalization with the largest group entity in the index limited to 35% and the weight of the other entities limited to 20% with a buffer of 10% applied on these limits at each index rebalancing

This ETF is in collections:

ETF Breakdown

JPMorgan Chase & Co.
30.6%
Bank Of America Corp.
18.4%
Wells Fargo & Co.
15.8%
Citigroup Inc
8.6%
PNC Financial Services Group Inc
5.5%
U.S. Bancorp.
5.3%
Truist Financial Corporation
4.2%
M&T Bank Corp
2.2%
Fifth Third Bancorp
2.2%
Huntington Bancshares, Inc.
1.6%
Regions Financial Corp.
1.6%
First Citizens BancShares Inc (Delaware)
1.5%
Citizens Financial Group Inc
1.4%
Keycorp
1.2%
Others
0%
£22.70
Previous business day’s close price

Capital at risk

Why InvestEngine

Unbeatable value

From commission‑free investing, to zero‑ISA fees, we’re proud of our low fees.
Here's how we're able to do it

Choice of 700+ ETFs

Low cost, diversified, index‑tracking of stock markets, bonds and commodities.
View our ETF range

Actionable insights

Know exactly which companies, sectors and regions are in your portfolio.

Powerful automation

Grow your wealth the easy way with automated investing features

Easy diversification

Fractional investing lets you put as little as £1 in any ETF.

DIY or Managed

Build and manage your own portfolio or leave it to us.
ETFs have spreads and annual charges and come with risks like market volatility, liquidity, and concentration, and may not always accurately track their index. Past performance and forecasts are not reliable indicators of future results. The value of your investments, including any income, can rise or fall. You may get back less than you originally invested.
Whenever you invest, your capital is at risk
This could mean the value of your investments goes down as well as up.
Understand more about investment risk.
© InvestEngine Limited 2024. All rights reserved.