Overview
Description
Xtrackers S&P 500 Equal Weight UCITS ETF 1C is an equity exchange-traded fund that tracks the S&P 500 Equal Weight Index, providing balanced exposure to 500 large-cap U.S. companies. Unlike market-cap weighted benchmarks, it assigns equal weighting—approximately 0.2% per constituent—to each stock, mitigating concentration risk in mega-cap firms and enhancing diversification across sectors such as finance, technology services, electronic technology, utilities, and consumer cyclicals. The ETF uses a physical replication method, holding all index components directly, and follows an accumulating share class policy, reinvesting dividends to support compound growth without distributions. Launched on June 10, 2014, and domiciled in Ireland under Deutsche Bank AG's Xtrackers brand, it maintains a low total expense ratio of 0.20% and manages substantial assets around 7.6-7.8 billion euros. This passive vehicle plays a key role in offering European investors UCITS-compliant access to U.S. equities with a mid-cap tilt, promoting broader market participation beyond top-heavy indices.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+352 42101-1
Website
Instrument type
ETF
Country
Germany
MIC code
XETR