flatexDEGIRO teams with DWS on two co-branded ETFs
flatexDEGIRO has partnered with DWS to develop two co-branded Xtrackers ETFs covering diversified global equities and euro bonds, according to Luxembourg registrations.
DWS has reduced the expense ratio on its Xtrackers FTSE All-World UCITS ETF from 0.12% to 0.07%, making it the lowest-cost ETF tracking the FTSE All-World Index. The fee cut undercuts competing offerings from BlackRock and widens the gap with Vanguard’s €62 billion FTSE All-World ETF, which charges 0.19%. The move is part of DWS’s broader pricing strategy as competition intensifies among European ETF providers, with further fee reductions expected across its lineup this year.
flatexDEGIRO has partnered with DWS to develop two co-branded Xtrackers ETFs covering diversified global equities and euro bonds, according to Luxembourg registrations.
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DWS has converted the Xtrackers MSCI EAFE Selection Equity ETF (EASG) into the Xtrackers Bloomberg Developed Markets Ex US Equity ETF (DMXU), effective September 14.
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