Xtrackers MSCI China A Inclusion Equity ETF

C000138368 Fund Overview

Xtrackers MSCI China A Inclusion Equity ETF is a US ETF managed by Dbx ETF Trust, categorised as Emerging Markets Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Dbx ETF Trust
• Category: Emerging Markets Blend / Core Equity
• Assets under management: $4.63M
• 1-year return: -17.2%
• SEC CIK: 0001503123
• SEC series ID: S000044470
• Share class ID: C000138368

C000138368 Investment Objective and Strategy

Xtrackers MSCI China A Inclusion Equity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Dbx ETF Trust.

Investment objective

The Xtrackers MSCI China A Inclusion Equity ETF (the “Fund”) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI China A Inclusion Index (the “Underlying Index”).

Principal investment strategy

The Fund, using a passive or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the Underlying Index, which is designed to track the equity market performance of China A-Shares that are accessible through the Shanghai-Hong Kong Stock Connect program (Shanghai Connect) or the Shenzhen-Hong Kong Stock Connect program (Shenzhen Connect, and together with Shanghai Connect, Stock Connect). A-Shares are equity securities issued by companies incorporated in mainland China and are denominated in renminbi (RMB). Certain eligible A-Shares are traded on the Shanghai Stock Exchange (SSE) or Shenzhen Stock Exchange (SZSE). The Underlying Index is designed to track the inclusion of A-Shares in the MSCI Emerging Markets Index over time and is constructed by MSCI, Inc.

(the Index Provider or MSCI) by applying eligibility criteria for the MSCI Global Investable Market Indexes (GIMI), and then excluding mid- and small-capitalization A-Shares (as determined by MSCI), A-Shares suspended for trading for more than 50 days in the past 12 months and A-Shares that are not accessible through Stock Connect. The Underlying Index is weighted by each issuers free float-adjusted market capitalization (i.e., includes only shares that are readily available for trading in the market) available to foreign investors and includes only large-capitalization companies, as determined by MSCI. The Fund intends to invest in A-Shares included in the Underlying Index primarily through Stock Connect. Stock Connect is a securities trading and clearing program with an aim to achieve mutual stock market access between the Peoples Republic of China (China or the PRC) and Hong Kong.

Stock Connect was developed by Hong Kong Exchanges and Clearing Limited, the SSE (in the case of Shanghai Connect) or the SZSE (in the case of Shenzhen Connect), and China Securities Depository and Clearing Corporation Limited (CSDCC). Under Stock Connect, the Funds trading of eligible A-Shares listed on the SSE or the SZSE, as applicable, would be effectuated through DBX Advisors LLC (the Adviser). Trading through Stock Connect is subject to a daily quota (Daily Quota), which limits the maximum net purchases on any particular day by Hong Kong investors (and foreign investors trading through Hong Kong) trading PRC listed securities and PRC investors trading Hong Kong listed securities trading through the relevant Stock Connect, and as such, buy orders for A-Shares would be rejected once the Daily Quota is exceeded (although the Fund will be permitted to sell A-Shares regardless of the Daily Quota balance).

The Daily Quota is not specific to the Fund, but to all investors investing through the Stock Connect. From time to time, other stock exchanges in China may participate in Stock Connect, and A-Shares listed and traded on such other stock exchanges and accessible through Stock Connect may be added to the Underlying Index, as determined by MSCI. Under current regulations in China, foreign investors can also invest in the PRCs domestic securities markets through certain market-access programs. These programs include the Qualified Foreign Institutional Investor (QFII) program and the Renminbi Qualified Foreign Institutional Investor (RQFII) program, where investors will be required to obtain a license from the China Securities Regulatory Commission (CSRC) in order to participate in these programs.

QFII and RQFII investors will also be granted a specific aggregate dollar amount of investment quota by Chinas State Administration of Foreign Exchange (SAFE) to invest foreign freely convertible currencies (in the case of a QFII) and RMB (in the case of an RQFII) in the PRC for the purpose of investing in the PRCs domestic securities markets. The Fund intends to invest directly in A-Shares through Stock Connect, but, in the future, may also utilize an RQFII quota applied for by and granted to the Adviser and/or a sub-adviser subsequently appointed for the Fund. In the event the Adviser obtains an RQFII quota, or appoints a sub-adviser that has such quota, under certain circumstances, including when the Funds ability to invest in A-Shares through Stock Connect is restricted as a result of the Daily Quota or otherwise, the Adviser and/or a sub-adviser, on behalf of the Fund, may invest in A-Shares and other permitted China securities listed on the SSE and SZSE up to the specified quota amount.

The Adviser and/or a sub-adviser may apply or file for an increase of the initial RQFII quota subject to certain conditions, including the use of all or substantially all of the initial quota. There is no guarantee that an application for additional quota will be granted or a filing for additional quota will not be revoked. Accordingly, the Funds direct investments in A-Shares will be limited by the Daily Quota of Stock Connect and by the quota allocated to the RQFII or QFII. Investment companies are not currently within the types of entities that are eligible for an RQFII or QFII license. The Adviser expects to use a full replication indexing strategy to seek to track the Underlying Index. As such, the Adviser expects to invest directly in the component securities (or a substantial number of the component securities) of the Underlying Index in substantially the same weightings in which they are represented in the Underlying Index.

If it is not possible for the Adviser to acquire component securities due to limited availability or regulatory restrictions, the Adviser may use a representative sampling indexing strategy to seek to track the Underlying Index instead of a full replication indexing strategy. Representative sampling is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield), and liquidity measures similar to those of the Underlying Index. The Fund may or may not hold all of the securities in the Underlying Index when the Adviser is using a representative sampling indexing strategy.

The Fund will normally invest at least 80% of its total assets in securities (including depositary receipts in respect of such securities) of issuers that comprise the Underlying Index. The Fund will seek to achieve its investment objective by primarily investing directly in A-Shares. Because the Fund does not satisfy the criteria to qualify as an RQFII or QFII itself, the Fund intends to invest directly in A-Shares via Stock Connect and, in the future, may also utilize any quota applied for by and granted to the Adviser and/or a sub-adviser. While the Fund intends to invest primarily and directly in A-Shares, the Fund also may invest in securities of issuers not included in the Underlying Index, futures contracts, swap contracts and other types of derivative instruments, and other pooled investment vehicles, including exchange-traded funds (ETFs), whether or not managed by the Adviser, as well as foreign investment companies, that the Adviser believes will help the Fund to achieve its investment objective.

The remainder of the Funds assets will be invested primarily in money market instruments and cash equivalents. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in A-Shares of Chinese issuers or in derivative instruments and other securities that provide investment exposure to A-Shares of Chinese issuers. As of July 31, 2018 the Underlying Index consisted of 226 securities with an average market capitalization of approximately $3.34 billion and a minimum market capitalization of approximately $622 million. The Underlying Index is rebalanced quarterly in February, May, August and November, and thus the Fund rebalances its portfolio in a corresponding fashion. The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the 1940 Act).

The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to the extent that the Underlying Index is concentrated. As of July 31, 2018, a significant percentage of the Underlying Index was comprised of issuers in the financial services sector (33.5%). Prior to June 4, 2018, the Fund sought investment results that corresponded generally to the performance, before the Funds fees and expenses, of the CSI 300 USD Hedged Index (Prior Underlying Index).

C000138368 Holdings

Top 10 holdings of Xtrackers MSCI China A Inclusion Equity ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000138368 holdings

C000138368 Portfolio Allocation

Asset-class allocation of Xtrackers MSCI China A Inclusion Equity ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000138368 Performance

Total returns for C000138368 (as of 2026-10-01), from SEC filings.

C000138368 Risk Information

Risk metrics for C000138368, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 19.4%

C000138368 Costs and Fees

C000138368 costs about $60 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.60%
• Gross expense ratio: 0.60%
• Portfolio turnover: 12%
• Brokerage commissions: 0.55 bps of average net assets (SEC N-CEN)

C000138368 Cashflows

Over the 12 months to 2024-02, Xtrackers MSCI China A Inclusion Equity ETF had net inflows of $0, from monthly SEC N-PORT filings.

C000138368 Debt Constituents

No individual debt constituents are reported in Xtrackers MSCI China A Inclusion Equity ETF's latest SEC N-PORT filing.

C000138368 Prospectus and SEC Filings

Official Xtrackers MSCI China A Inclusion Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-09-27
• Prospectus (485BPOS) — filed 2022-09-27
• Prospectus (485BPOS) — filed 2021-09-27
• Portfolio holdings (N-PORT) — filed 2024-04-26
• Portfolio holdings (N-PORT) — filed 2024-01-25
• Portfolio holdings (N-PORT) — filed 2023-10-26
• Annual census (N-CEN) — filed 2023-08-14
• Annual census (N-CEN) — filed 2022-08-10

Related Funds

Other Emerging Markets Blend / Core Equity funds tracked on ABC INVEST:

• Strategic Advisers Fidelity Emerging Markets Fund (FGOMX)
• iShares MSCI South Korea ETF (EWY)
• Strategic Advisers Emerging Markets Fund (FSAMX)
• iShares MSCI Taiwan ETF (EWT)
• iShares MSCI Brazil ETF (EWZ)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.