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Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C

Xtrackers · IE000HT7E0B1

Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XNZN (ISIN IE000HT7E0B1). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in…

· Tracks the Solactive ISS ESG Nordic Investable Universe Net Zero Pathway Index index ?

Equity ?Accumulating ?Physical ?Ireland ?

Low yearly feeReinvests dividendsOwns the shares directlyEurope

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Xtrackers funds Domiciled in Ireland Accumulating Physically replicated Europe stocks Yearly fee under 0.25%

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Fund size (AUM) ?

€0

Risk level (SRI) ?

6 / 7 · High

1-year return ?

+5.8%

Price Return · to 2026-10-15

Yearly fee (TER) ?

0.15%

All-in cost ≈ 0.15%

About this fund

What you own

The Solactive ISS ESG Nordic Investable Universe Net Zero Pathway Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 164 companies across Europe in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.15%Yearly fee (TER)

0.15%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?

Solactive ISS ESG Nordic Investable Universe Net Zero Pathway Index

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

2023

3-year track record

Performance

Growth of €100 invested — both lines start at €100.

Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C Average Solactive ISS ESG Nordic Investable Universe Net Zero Pathway Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+2.5%

1 year+5.8%

How bumpy has it been?

14.5%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-13.4%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

The bigger picture

+6.6%

Since inception

Total growth since launch — about +5.0% a year.

+12.1%

Best 12 months

The strongest one-year stretch on record.

+2.0%

Worst 12 months

The weakest one-year stretch on record.

-13.4%

Worst fall on record ?

It clawed back in about 2 months.

What's inside

By sector ?

Industrials21.9%

Health Care19.7%

Financials19.2%

Technology10.4%

Real Estate10.1%

Materials5.5%

Communication Services5.0%

Consumer Discretionary5.0%

Other / not shown3.3%

The 10 biggest holdings make up 31.0% of the fund — the rest is spread across roughly 154 more companies.

Top 10 holdings

#	Company	Weight
1	NOVO NORDISK CLASS B	6.9%
2	INVESTOR CLASS B	4.4%
3	SPOTIFY TECHNOLOGY	4.3%
4	NORDEA BANK	2.9%
5	NOKIA	2.8%
6	VESTAS WIND SYSTEMS	2.1%
7	DSV	2.0%
8	ASSA ABLOY CLASS B	2.0%
9	SWEDBANK CLASS A	1.9%
10	NOVOZYMES CLASS B	1.8%

Where to buy this fund

Where you live:

Set from your language & location — change it if it's wrong.

Where it trades

Exchange	Ticker	Currency
LSE	XNZN	EUR	★ Primary
EUR listings
B3	XNZND	EUR
E1	XNZNGBP	EUR
E1	XNZNEUR	EUR
EB	XNZND	EUR
EO	XNZNEUR	EUR
EO	XNZNGBP	EUR
EP	XNZNEUR	EUR
ER	XNZNGBP	EUR
ER	XNZND	EUR
ER	XNZN	EUR
EU	XNZNGBP	EUR
EU	XNZNEUR	EUR
EZ	XNZNEUR	EUR
Frankfurt	XNZN	EUR
GD	XNZN	EUR
GF	XNZN	EUR
GM	XNZN	EUR
GS	XNZN	EUR
GT	XNZN	EUR
GZ	XNZN	EUR
I2	XNZND	EUR
IX	XNZND	EUR
L1	XNZND	EUR
L3	XNZND	EUR
LA	XNZN	EUR
LU	XNZN	EUR
PO	XNZND	EUR
QT	XNZN	EUR
S1	XNZND	EUR
S4	XNZND	EUR
TH	XNZN	EUR
X1	XNZNEUR	EUR
X1	XNZNGBP	EUR
X2	XNZNGBP	EUR
X2	XNZNEUR	EUR
X9	XNZNEUR	EUR
XA	XNZNEUR	EUR
XA	XNZNGBP	EUR
XE	XNZNEUR	EUR
XE	XNZNGBP	EUR
XF	XNZNEUR	EUR
XF	XNZNGBP	EUR
XG	XNZNGBP	EUR
XG	XNZNEUR	EUR
XH	XNZNEUR	EUR
XH	XNZNGBP	EUR
XJ	XNZNEUR	EUR
XJ	XNZNGBP	EUR
XL	XNZNEUR	EUR
XL	XNZNGBP	EUR
XO	XNZNGBP	EUR
XO	XNZNEUR	EUR
XQ	XNZNEUR	EUR
XQ	XNZNGBP	EUR
XT	XNZNGBP	EUR
XU	XNZNEUR	EUR
XU	XNZNGBP	EUR
XV	XNZNEUR	EUR
XV	XNZNGBP	EUR
XW	XNZNGBP	EUR
XW	XNZNEUR	EUR
XX	XNZNEUR	EUR
XX	XNZNGBP	EUR
XY	XNZNEUR	EUR
XY	XNZNGBP	EUR
XZ	XNZNEUR	EUR
XZ	XNZNGBP	EUR

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-10-15 · the fund's own published holdings.

#	Company	Weight
1	NOVO NORDISK CLASS B	6.9%
2	INVESTOR CLASS B	4.4%
3	SPOTIFY TECHNOLOGY	4.3%
4	NORDEA BANK	2.9%
5	NOKIA	2.8%
6	VESTAS WIND SYSTEMS	2.1%
7	DSV	2.0%
8	ASSA ABLOY CLASS B	2.0%
9	SWEDBANK CLASS A	1.9%
10	NOVOZYMES CLASS B	1.8%
11	SKANDINAVISKA ENSKILDA BANKEN CLAS	1.8%
12	DANSKE BANK	1.8%
13	GENMAB	1.6%
14	HEXAGON CLASS B	1.5%
15	ERICSSON CLASS B	1.5%
16	SAMPO CLASS A	1.4%
17	KONE CLASS B	1.4%
18	DNB BANK	1.3%
19	ATLAS COPCO CLASS A	1.2%
20	INVESTOR CLASS A	1.2%
21	SVENSKA HANDELSBANKEN CLASS A	1.0%
22	METSO CORPORATION	1.0%
23	SVENSKA CELLULOSA AKTIEBOLAGET SCA	1.0%
24	TRELLEBORG CLASS B	1.0%
25	INDUTRADE	1.0%
26	VOLVO CLASS B	1.0%
27	SKANSKA CLASS B	0.9%
28	MYCRONIC	0.9%
29	ORION CLASS B	0.9%
30	BOLIDEN	0.9%
31	UPM-KYMMENE	0.8%
32	ESSITY CLASS B	0.8%
33	PANDORA	0.8%
34	SALMAR	0.8%
35	COLOPLAST CLASS B	0.8%
36	MOWI	0.7%
37	LIFCO CLASS B	0.7%
38	CARLSBERG CLASS B	0.7%
39	SWEDISH ORPHAN BIOVITRUM	0.7%
40	ADDTECH CLASS B	0.7%
41	SECURITAS CLASS B	0.6%
42	EQT	0.6%
43	TELIA COMPANY	0.6%
44	BRAVIDA HOLDING	0.6%
45	EVOLUTION	0.6%
46	GETINGE CLASS B	0.6%
47	HOLMEN CLASS B	0.6%
48	OERSTED	0.6%
49	STORA ENSO CLASS R	0.6%
50	DEMANT	0.5%
51	MIPS	0.5%
52	TELE2 CLASS B	0.5%
53	NORDIC SEMICONDUCTOR	0.5%
54	ALK-ABELLO CLASS B	0.5%
55	INDUSTRIVARDEN CLASS C	0.5%
56	HENNES & MAURITZ CLASS B	0.5%
57	TELENOR	0.5%
58	LOOMIS CLASS B	0.5%
59	CASTELLUM	0.5%
60	SAGAX CLASS B	0.5%
61	HIAB OYJ	0.5%
62	LAGERCRANTZ GROUP CLASS B	0.5%
63	BAVARIAN NORDIC	0.5%
64	ISS	0.5%
65	NCC CLASS B	0.5%
66	CAMURUS	0.5%
67	KONECRANES	0.5%
68	AL SYDBANK	0.4%
69	FASTIGHETS BALDER CLASS B	0.4%
70	GN STORE NORD	0.4%
71	TRYG	0.4%
72	SWECO CLASS B	0.4%
73	HMS NETWORKS	0.4%
74	ATLAS COPCO CLASS B	0.4%
75	NKT	0.4%
76	H. LUNDBECK CLASS B	0.4%
77	JYSKE BANK	0.4%
78	ALIMAK GROUP	0.4%
79	RINGKJOBING LANDBOBANK	0.4%
80	WIHLBORGS FASTIGHETER	0.4%
81	ELISA	0.4%
82	VITROLIFE	0.4%
83	NCAB GROUP	0.4%
84	ZEALAND PHARMA	0.4%
85	ALTRA FASTIGHETER	0.4%
86	THULE GROUP	0.3%
87	AMBU CLASS B	0.3%
88	SCATEC	0.3%
89	LUMO KODIT OYJ	0.3%
90	OEM INTERNATIONAL CLASS B	0.3%
91	PANDOX CLASS B	0.3%
92	BIOGAIA CLASS B	0.3%
93	CATENA	0.3%
94	HOIST FINANCE	0.3%
95	FABEGE	0.3%
96	WALLENSTAM CLASS B	0.3%
97	HEXPOL CLASS B	0.3%
98	HUFVUDSTADEN CLASS A	0.3%
99	VEIDEKKE	0.3%
100	ROYAL UNIBREW	0.3%
101	SPAREBANK SR-NORGE	0.3%
102	CLAS OHLSON CLASS B	0.3%
103	AVANZA BANK HOLDING	0.3%
104	HIMALAYA SHIPPING LTD	0.3%
105	BAKKAFROST	0.3%
106	PER AARSLEFF HOLDING CLASS B	0.3%
107	SAGAX CLASS D	0.3%
108	NP3 FASTIGHETER	0.3%
109	INDUSTRIVARDEN CLASS A	0.3%
110	ORKLA	0.3%
111	ATRIUM LJUNGBERG CLASS B	0.3%
112	ELEKTA CLASS B	0.3%
113	SECTRA CLASS B	0.3%
114	LUNDBERGFORETAGEN CLASS B	0.3%
115	SDIPTECH CLASS B	0.3%
116	HEMNET GROUP	0.3%
117	DIOS FASTIGHETER	0.3%
118	INTRUM	0.3%
119	PLATZER FASTIGHETER HOLDING CLASS	0.3%
120	NOLATO CLASS B	0.2%
121	NORDNET	0.2%
122	SAMHALLSBYGGNADSBOLAGET I NORDEN C	0.2%
123	JM	0.2%
124	NORSK HYDRO	0.2%
125	BORREGAARD	0.2%
126	BURE EQUITY	0.2%
127	VEND MARKETPLACES	0.2%
128	KINNEVIK CLASS B	0.2%
129	HUHTAMAKI	0.2%
130	CLOETTA CLASS B	0.2%
131	BUFAB	0.2%
132	PROTECTOR FORSIKRING	0.2%
133	INWIDO	0.2%
134	GJENSIDIGE FORSIKRING	0.2%
135	LINDAB INTERNATIONAL	0.2%
136	TIETO	0.2%
137	NETCOMPANY GROUP	0.2%
138	BOOZT	0.1%
139	MODERN TIMES GROUP MTG CLASS B	0.1%
140	SPAREBANKEN NORGE	0.1%
141	ROCKWOOL CLASS B	0.1%
142	AUTOSTORE HOLDINGS LTD	0.1%
143	ADDNODE GROUP CLASS B	0.1%
144	ATTENDO	0.1%
145	VITEC SOFTWARE GROUP CLASS B	0.1%
146	A P MOLLER MAERSK CLASS B	0.1%
147	SINCH	0.1%
148	MEDICOVER CLASS B	0.1%
149	SKF CLASS B	0.1%
150	SCANDIC HOTELS GROUP	0.1%
151	KEMIRA	0.1%
152	RAYSEARCH LABORATORIES CLASS B	0.1%
153	SWEDISH KRONA	0.1%
154	NORION BANK	0.1%
155	BETSSON CLASS B	0.0%
156	ADDLIFE CLASS B	0.0%
157	EURO CURRENCY	0.0%
158	US DOLLAR	0.0%
159	DOMETIC GROUPINARY SHARES	0.0%
160	NORWEGIAN KRONE	0.0%
161	CREADES CLASS A	0.0%
162	DANISH KRONE	0.0%
163	VOLVO CAR CLASS B	0.0%
164	HUSQVARNA CLASS B	0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 82% of similar ETFs💰 All-in cost cheaper than 86%📈 Higher 1-yr return than 14%📊 Behind its category by 8.4% (1-yr) (category average +14.2%)

Versus the Equity (stocks) · Europe · EUR ETFs we track.

Advanced risk

10.0%

Downside deviation ?

58%

Up months (hit rate) ?

€36.62

52-week high ?

€31.05

52-week low ?

Concentration depth

~59 ?

Effective number of holdings

Roughly 164 companies are held, but the largest names carry most of the weight — so it behaves like ~59 equal-sized positions.

Tilt vs a world tracker

United States-72.1

Sweden+52.3

Denmark+28.2

Technology-18.8

Finland+11.0

Health Care+10.4

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Documents

📄 KID (PDF)

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Index tracked	Solactive ISS ESG Nordic Investable Universe Net Zero Pathway Index	S&P 500 Daily Hedged Euro Net Total Return Index	S&P 500 Daily Hedged Euro Index Net TR	S&P 500 Daily Hedged Euro Index Net TR	STOXX Europe 600 (Net Return) EUR	STOXX Europe 600 (Net Return) EUR	STOXX Europe 600 (Net Return) EUR
Yearly fee (TER)	0.15%	0.05%	0.07%	0.07%	0.09%	0.15%	0.07%
All-in cost	0.15%	0.45%	0.00%	0.07%	0.09%	0.15%	0.07%
Fund size	€0	€53.6B	€30.7B	€30.6B	€22.1B	€21.8B	€21.6B
Domicile	Ireland	Ireland	LU	LU	LU	LU	LU
Replication	Physical (full)	Synthetic (swap)	Synthetic (swap)	Synthetic (swap)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.		+20.4%		+19.3%
5-yr return p.a.		+11.2%		+9.4%
# holdings	164	269	10	10	614	614	612

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Data as of 2026-10-15 · Source: issuer data, compiled by Finance Hamster

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