DWS Undercuts Rivals with Ultra-Low-Cost European Equity ETFs

DWS is expanding its low-cost ETF range with the Xtrackers STOXX Europe 600 II UCITS ETF and Xtrackers Euro STOXX UCITS ETF. Charging 0.05% and 0.09% respectively, the funds enter the market below comparable offerings from Amundi and iShares. The first provides broad exposure to 600 companies across Europe, while the second covers around 300 large, mid- and small-cap eurozone stocks. Both will be available in Frankfurt in accumulating and distributing versions, reinforcing DWS’s recent push to compete aggressively on fees.