The new ETFs provide large and mid-cap exposure to stocks from the US, Europe, and Japan.

DWS has launched three new ETFs as an extension of its existing suite of climate-focused ETFs. To be listed in Europe, the three new Paris-aligned equity ETFs provide large and mid-cap exposure to stocks from the US, Europe, and Japan. (ETF Strategy)

DWS Xtracker Paris ETFs

The new ETFs are the Xtrackers USA Net Zero Pathway Paris Aligned UCITS ETF (XNUS GY), which comes with an expense ratio of 0.10%, and the Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF (XEPA GY) and Xtrackers Japan Net Zero Pathway Paris Aligned UCITS ETF (XNJP GY), both of which are priced at 0.15%.

The ETFs are classified as Article 9 products under the EU’s Sustainable Finance Disclosures Regulation (SFDR).

They track the Solactive ISS ESG Net Zero Pathway indices which satisfy the requirements of the EU’s Paris Aligned Benchmark (PAB) regulation, aligning with a trajectory to limit global warming to 1.5°C above pre-industrial levels by 2050.

Fundspeak

Simon Klein, Global Head of Passive Sales at DWS, said: “We see impact investing as one of the major future tasks for asset managers. With these new ETFs, we are expanding our range of climate agreement-oriented ETFs to include important investment regions with a view to performance potential and diversification. The recent CREATE Report has shown that institutional investors are looking for solutions to implement impact investing in their portfolios.”

DWS first launched its PAB ETF range in March with the unveiling of the Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF (XNZE) and the Xtrackers World Net Zero Pathway Paris Aligned UCITS ETF (XNZW).

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