(XDEW) Xtrackers SP500 Equal - Ratings and Ratios

The Xtrackers S&P 500 Equal Weight UCITS ETF 1C EUR (XDEW) is an exchange-traded fund designed to provide exposure to large- and mid-cap companies in the United States. The fund is domiciled in Ireland, which is a common choice for ETFs due to its favorable regulatory environment and tax efficiency for international investors. It is managed by DWS, a well-established global asset manager.

The ETF tracks the Morningstar US Large-Mid NR USD Index, which is a cap-weighted index that includes large and mid-sized companies across various sectors in the United States. The fund employs a replication strategy, meaning it aims to hold all or a representative sample of the constituents of the index to closely track its performance. This approach ensures that investors gain diversified exposure to the US large-cap market.

From a structural perspective, the Xtrackers S&P 500 Equal Weight UCITS ETF 1C EUR is listed on XETRA under the ticker symbol XDEW. It is denominated in euros, making it accessible to European investors who want exposure to US equities without directly taking on currency risk. The fund is classified under the US Large-Cap Blend Equity category, reflecting its focus on large, established companies with a mix of growth and value characteristics.

In terms of size, the fund has a substantial assets under management (AUM) of 2732.23M EUR, indicating a high level of investor interest and liquidity. The absence of forward P/E, P/B, and P/S metrics is typical for index-tracking ETFs, as these funds are designed to replicate the performance of an index rather than actively manage it. Investors looking for valuation metrics should analyze the underlying index or its constituents rather than the ETF itself.