This month’s product in the spotlight is the equal weight S&P 500 ETF that led DWS’s strong recent asset-gathering as investors hunted for ways to side-step overconcentration in US large caps.
According to data from ETFbook, DWS booked $7.5bn inflows into their UCITS ETFs in Q3 – equivalent to almost 20% of all flows into exchange-traded funds (ETPs).
Spearheading this was the $5.1bn Xtrackers S&P 500 Equal Weight UCITS ETF (XDEW), which amassed $1.7bn net new assets – meaning one product in DWS’s more than 200-strong ETF range accounted for over a fifth of all its inflows...
This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.
