Skip to content
Find an ETF
← All ETFs

Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C

Xtrackers · IE000Y6L6LE6

Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XNZE (ISIN IE000Y6L6LE6). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the Solactive ISS ESG Developed Markets Eurozone Net Zero Pathway Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include ASML HOLDING NV, SIEMENS N AG and BANCO SANTANDER SA. It holds around 138 positions (the ten largest ≈ 35.4%), spreading risk so no single holding decides your outcome. By geography it is weighted towards ~25.9% Netherlands, ~22.3% Germany and ~21.3% France. Its heaviest sectors are ~25.4% Technology and ~20.8% Financials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.15% a year — about €15 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. On the standard KID risk scale it is rated 6 out of 7 and its price has swung about 17.3% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2022. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Xtrackers.)

· Tracks the Solactive ISS ESG Developed Markets Eurozone Net Zero Pathway Index index ?
Equity ?Accumulating ?Physical ?Ireland ?
Low yearly feeReinvests dividendsOwns the shares directlyEurozone
Fund size (AUM) ?
€0
Risk level (SRI) ?
6 / 7 · High
1-year return ?
+14.4%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.15%
All-in cost ≈ 0.15%

About this fund

What you own

The Solactive ISS ESG Developed Markets Eurozone Net Zero Pathway Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 138 companies across Eurozone in a single purchase.

Dividends

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

Read more

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).

Read more

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. €0.20 per €100 a year at 0.20%. Lower is cheaper.

Read more

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 Developed Markets Eurozone Net Zero Pathway Index
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2022
4-year track record

Performance

89.799.4109119129202420252026

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

Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C Average Solactive ISS ESG Developed Markets Eurozone 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+9.5%
1 year+14.4%
3 years+9.2%

Return, year by year

+12.7
+7.8
+12.0
'23'24'25
3 of 3 up yearsBest: 2023 +12.7%Worst: 2024 +7.8%Calendar-year total returns, in EUR

How bumpy has it been?

17.3%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-18.1%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.58
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+32.5%
Since inception
Total growth since launch — about +6.6% a year.
+24.9%
Best 12 months
The strongest one-year stretch on record.
-13.1%
Worst 12 months
The weakest one-year stretch on record.
-24.9%
Worst fall on record ?
It clawed back in about 4 months.

What's inside

By sector ?

Technology25.4%
Financials20.8%
Industrials12.0%
Consumer Discretionary11.8%
Health Care10.4%
Consumer Staples6.3%
Communication Services5.9%
Materials4.0%
Other / not shown3.5%

By country ?

NLNetherlands25.9%
DEGermany22.3%
FRFrance21.3%
ESSpain9.2%
ITItaly6.3%
BEBelgium4.7%
Other / not shown10.3%

The 10 biggest holdings make up 35.4% of the fund — the rest is spread across roughly 128 more companies.

Top 10 holdings

#CompanyWeight
1ASML HOLDING NV11.9%
2SIEMENS N AG3.7%
3BANCO SANTANDER SA3.0%
4INFINEON TECHNOLOGIES AG3.0%
5SCHNEIDER ELECTRIC2.9%
6SAP2.6%
7LVMH2.4%
8ALLIANZ2.1%
9BANCO BILBAO VIZCAYA ARGENTARIA SA2.0%
10LOREAL SA1.9%

Where to buy this fund

Where it trades

ExchangeTickerCurrency
SIXXNZECHF★ Primary
B3XNZEMEUR
Borsa ItalianaXNZEEUR
E1XNZECHFEUR
E1XNZEGBPEUR
E1XNZEEUREUR
EBXNZEMEUR
EPXNZECHFEUR
EPXNZEEUREUR
EUXNZECHFEUR
EUXNZEEUREUR
EUXNZEGBPEUR
EZXNZEEUREUR
EZXNZECHFEUR
FrankfurtXNZEEUR
GDXNZEEUR
GFXNZEEUR
GMXNZEEUR
GSXNZEEUR
GTXNZEEUR
GZXNZEEUR
I2XNZEMEUR
IXXNZEMEUR
L1XNZEMEUR
L3XNZEMEUR
LAXNZEEUR
LUXNZEEUR
POXNZELEUR
POXNZEMEUR
QTXNZEEUR
S1XNZEMEUR
S4XNZEMEUR
SEXNZEEUR
THXNZEEUR
X1XNZEGBPEUR
X1XNZEEUREUR
X1XNZECHFEUR
X2XNZECHFEUR
X2XNZEEUREUR
X2XNZEGBPEUR
X9XNZEEUREUR
XAXNZECHFEUR
XAXNZEEUREUR
XAXNZEGBPEUR
XEXNZEGBPEUR
XEXNZEEUREUR
XEXNZECHFEUR
XFXNZECHFEUR
XFXNZEEUREUR
XFXNZEGBPEUR
XGXNZEGBPEUR
XGXNZEEUREUR
XGXNZECHFEUR
XHXNZECHFEUR
XHXNZEEUREUR
XHXNZEGBPEUR
XJXNZEGBPEUR
XJXNZEEUREUR
XJXNZECHFEUR
XLXNZECHFEUR
XLXNZEEUREUR
XLXNZEGBPEUR
XOXNZECHFEUR
XOXNZEEUREUR
XOXNZEGBPEUR
XQXNZEGBPEUR
XQXNZEEUREUR
XQXNZECHFEUR
XSXNZECHFEUR
XSXNZEEUREUR
XSXNZEGBPEUR
XTXNZEGBPEUR
XTXNZECHFEUR
XUXNZECHFEUR
XUXNZEEUREUR
XUXNZEGBPEUR
XVXNZEGBPEUR
XVXNZEEUREUR
XVXNZECHFEUR
XWXNZECHFEUR
XWXNZEEUREUR
XWXNZEGBPEUR
XXXNZEGBPEUR
XXXNZEEUREUR
XXXNZECHFEUR
XZXNZECHFEUR
XZXNZEEUREUR
XZXNZEGBPEUR
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-17 · the fund's own published holdings.

#CompanyWeight
1ASML HOLDING NV11.9%
2SIEMENS N AG3.7%
3BANCO SANTANDER SA3.0%
4INFINEON TECHNOLOGIES AG3.0%
5SCHNEIDER ELECTRIC2.9%
6SAP2.6%
7LVMH2.4%
8ALLIANZ2.1%
9BANCO BILBAO VIZCAYA ARGENTARIA SA2.0%
10LOREAL SA1.9%
11INDUSTRIA DE DISENO TEXTIL SA1.9%
12NXP SEMICONDUCTORS NV1.8%
13UNICREDIT1.7%
14SANOFI SA1.7%
15NEBIUS NV CLASS A1.7%
16ASM INTERNATIONAL NV1.6%
17LAIR LIQUIDE SOCIETE ANONYME POUR1.6%
18DEUTSCHE TELEKOM N AG1.6%
19STMICROELECTRONICS NV1.5%
20ANHEUSER-BUSCH INBEV SA1.4%
21LEGRAND SA1.3%
22HERMES INTERNATIONAL1.3%
23FERRARI NV1.3%
24INTESA SANPAOLO1.3%
25ING GROEP NV1.2%
26ARGENX SE ADR1.2%
27BNP PARIBAS SA1.1%
28FERROVIAL NV1.1%
29DEUTSCHE BOERSE AG1.0%
30ESSILORLUXOTTICA SA1.0%
31MUENCHENER RUECKVERSICHERUNGS-GESE1.0%
32UCB SA1.0%
33AXA SA0.9%
34NOKIA0.9%
35PROSUS NV CLASS N0.9%
36JAMES HARDIE INDUSTRIES CDI PLC0.9%
37DSM FIRMENICH AG0.8%
38TERNA RETE ELETTRICA NAZIONALE0.8%
39ADIDAS N AG0.7%
40KERING SA0.7%
41BAYER AG0.7%
42VONOVIA0.7%
43MERCK0.7%
44ELIA GROUP SA0.7%
45MONCLER0.7%
46DEUTSCHE BANK AG0.7%
47CAIXABANK SA0.7%
48ORANGE SA0.6%
49PUBLICIS GROUPE SA0.6%
50LOTUS BAKERIES NV0.6%
51SAMPO CLASS A0.6%
52AMADEUS IT GROUP SA0.6%
53AIB GROUP PLC0.6%
54BIONTECH SE ADR0.6%
55NORDEA BANK0.6%
56RECORDATI INDUSTRIA CHIMICA E FARM0.6%
57CELLNEX TELECOM0.5%
58ORION CLASS B0.5%
59COMPAGNIE DE SAINT GOBAIN SA0.5%
60UNIVERSAL MUSIC GROUP NV0.5%
61WAREHOUSES DE PAUW NV0.5%
62DR ING HC F PORSCHE PRF AG0.5%
63PERNOD RICARD SA0.5%
64ADYEN NV0.5%
65SOCIETE GENERALE SA0.5%
66KONINKLIJKE KPN NV0.5%
67DANONE SA0.5%
68TELEFONICA SA0.5%
69SARTORIUS PREF AG0.5%
70PRADA S.P.A.0.5%
71VERBUND AG0.5%
72DEUTSCHE POST AG0.5%
73KINGSPAN GROUP PLC0.5%
74SIEMENS HEALTHINEERS AG0.5%
75BEIERSDORF AG0.4%
76KONINKLIJKE PHILIPS NV0.4%
77SARTORIUS STEDIM BIOTECH SA0.4%
78DASSAULT SYSTEMES0.4%
79KONE CORP CLASS B0.4%
80ICON PLC0.4%
81DAVIDE CAMPARI MILANO NV0.4%
82WOLTERS KLUWER NV0.4%
83METSO CORPORATION0.4%
84COMMERZBANK AG0.4%
85TELECOM ITALIA0.4%
86STORA ENSO CLASS R0.3%
87ELISA0.3%
88HEIDELBERG MATERIALS AG0.3%
89MERCEDES-BENZ GROUP N AG0.3%
90SOFINA SA0.3%
91INFRASTRUTTURE WIRELESS ITALIANE0.3%
92BAWAG GROUP AG0.3%
93GENERALI0.2%
94HENKEL & KGAA PREF AG0.2%
95HEINEKEN NV0.2%
96BOUYGUES SA0.1%
97RYANAIR HOLDINGS PLC0.1%
98FORTUM0.1%
99FRESENIUS MEDICAL CARE AG0.1%
100KBC GROEP NV0.1%
101HENKEL AG0.1%
102EURO CURRENCY0.1%
103ERSTE GROUP BANK AG0.1%
104WIENERBERGER AG0.0%
105BMW AG0.0%
106STRABAG0.0%
107THE NAVIGATOR COMPANY SA0.0%
108US DOLLAR0.0%
109HONG KONG DOLLAR0.0%
110AGEAS SA0.0%
111AUSTRALIAN DOLLAR0.0%
112HEINEKEN HOLDING NV0.0%
113COLRUYT GROUP NV0.0%
114BANCO COMERCIAL PORTUGUES SA0.0%
115RAIFFEISEN BANK INTERNATIONAL AG0.0%
116DIETEREN GROUP SA0.0%
117BANK OF IRELAND GROUP PLC0.0%
118AERCAP HOLDINGS NV0.0%
119VIENNA INSURANCE GROUP AG0.0%
120BANCA MEDIOLANUM0.0%
121POSTE ITALIANE0.0%
122HAPAG LLOYD AG0.0%
123ABN AMRO BANK NV0.0%
124TALANX AG0.0%
125BANCO BPM0.0%
126KNORR BREMSE AG0.0%
127CREDIT AGRICOLE SA0.0%
128FINECOBANK BANCA FINECO0.0%
129DAIMLER TRUCK HOLDING E AG0.0%
130KERRY GROUP PLC0.0%
131GROUPE BRUXELLES LAMBERT NV0.0%
132FRESENIUS SE AND CO KGAA0.0%
133SWISS FRANC0.0%
134EXOR NV0.0%
135BMW PREF AG0.0%
136UPM-KYMMENE0.0%
137STELLANTIS NV0.0%
138UNIPOL ASSICURAZIONI SPA0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 60% of similar ETFs💰 All-in cost cheaper than 62%📈 Higher 1-yr return than 50%📈 Higher 3-yr return than 31%📊 Beat its category by 2.6% (1-yr) (category average +11.9%)📊 Behind its category by 1.0% (3-yr) (category average +10.1%)

Versus the Equity (stocks) · Eurozone · CHF ETFs we track.

Advanced risk

0.82
Sortino (3y) ?
0.51
Calmar (3y) ?
11.2%
Downside deviation ?
75%
Up months (hit rate) ?
€52.51
52-week high ?
€42.70
52-week low ?

Concentration depth

~37 ?
Effective number of holdings

Roughly 138 companies are held, but the largest names carry most of the weight — so it behaves like ~37 equal-sized positions.

Tilt vs a world tracker

United States-70.4
Netherlands+24.4
Germany+20.1
France+18.8
Spain+8.2
Japan-5.9

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

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Eurozone stocks
Compare side by side
6 similar funds
Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1CXtrackersYou're viewingiShares Core MSCI EMU UCITS ETFiSharesBroader matchUBS Core MSCI EMU UCITS ETF hGBP disUBSBroader matchUBS Core MSCI EMU UCITS ETF hGBP accUBSBroader matchUBS Core MSCI EMU UCITS ETF hCHF accUBSBroader matchiShares Core MSCI EMU UCITS ETFiSharesBroader matchiShares Core MSCI EMU UCITS ETFiSharesBroader match
Why it's similarThis is the fund on this page.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedSolactive ISS ESG Developed Markets Eurozone Net Zero Pathway IndexMSCI EMU IndexMSCI EMUMSCI EMUMSCI EMUMSCI EmuMSCI Emu
Yearly fee (TER)0.15%0.12%0.12%0.12%0.12%0.12%0.12%
All-in cost0.15%0.12%0.00%0.00%0.00%0.00%0.00%
Fund size€0€9.1B€8.7B€8.7B€8.1B€7.9B€7.9B
DomicileIrelandIrelandLULULUIrelandIreland
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+9.2%+14.9%+14.5%+17.7%+13.5%+19.9%+15.2%
5-yr return p.a.+9.9%+9.5%+12.4%+9.3%+10.6%+8.6%
# holdings138230101010230230

The fund on this page stays pinned on the left — scroll or use ‹ › to compare it against each one.

Open the full comparison tool →
Data as of 2026-07-17 · Source: issuer data, compiled by Finance Hamster

New to ETFs? Start with the basics →

Finance Hamster provides educational information about ETFs and investing. It is not investment, tax, or legal advice, and not a recommendation to buy or sell any security. Markets carry risk; do your own research or consult a licensed adviser.