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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…

· 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 ?
+9.7%
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 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 131 companies across Eurozone in a single purchase.

Dividends

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

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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).

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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.

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

Performance

98.4104110116122202620262026

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+8.2%
1 year+9.7%
3 years+11.9%

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?

17.8%
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.
0.76
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+30.8%
Since inception
Total growth since launch — about +5.9% 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%

The 10 biggest holdings make up 36.1% of the fund — the rest is spread across roughly 121 more companies.

Top 10 holdings

#CompanyWeight
1ASML HOLDING11.6%
2SIEMENS N AG3.7%
3SAP3.3%
4BANCO SANTANDER3.3%
5SCHNEIDER ELECTRIC3.0%
6ALLIANZ2.9%
7BANCO BILBAO VIZCAYA ARGENTARIA SA2.3%
8LAIR LIQUIDE SOCIETE ANONYME POUR2.0%
9LVMH1.9%
10UNICREDIT1.9%

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
SIXXNZECHF★ Primary
EUR listings
B3XNZEMEUR
Borsa ItalianaXNZEEUR
E1XNZECHFEUR
E1XNZEEUREUR
E1XNZEGBPEUR
EBXNZEMEUR
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ERXNZEDEUR
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FrankfurtXNZEEUR
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For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

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

#CompanyWeight
1ASML HOLDING11.6%
2SIEMENS N AG3.7%
3SAP3.3%
4BANCO SANTANDER3.3%
5SCHNEIDER ELECTRIC3.0%
6ALLIANZ2.9%
7BANCO BILBAO VIZCAYA ARGENTARIA SA2.3%
8LAIR LIQUIDE SOCIETE ANONYME POUR2.0%
9LVMH1.9%
10UNICREDIT1.9%
11INFINEON TECHNOLOGIES AG1.7%
12LOREAL SA1.7%
13DEUTSCHE TELEKOM N AG1.6%
14INDUSTRIA DE DISENO TEXTIL SA1.6%
15BNP PARIBAS SA1.6%
16INTESA SANPAOLO1.5%
17SANOFI SA1.5%
18FERRARI1.5%
19ANHEUSER-BUSCH INBEV SA1.4%
20ING GROEP1.3%
21ASM INTERNATIONAL NV1.2%
22AXA SA1.2%
23DHL N AG1.2%
24MUENCHENER RUECKVERSICHERUNGS-GESE1.1%
25ARGENX SE ADR1.1%
26LEGRAND SA1.1%
27HERMES INTERNATIONAL1.0%
28DEUTSCHE BOERSE AG1.0%
29BAYER AG1.0%
30FERROVIAL NV0.9%
31NOKIA0.9%
32ESSILORLUXOTTICA SA0.9%
33NEBIUS NV CLASS A0.9%
34PROSUS NV CLASS N0.8%
35STMICROELECTRONICS0.8%
36METSO CORPORATION0.8%
37KONE CLASS B0.7%
38KINGSPAN GROUP PLC0.7%
39DANONE SA0.7%
40NORDEA BANK0.7%
41TERNA RETE ELETTRICA NAZIONALE0.7%
42CAIXABANK SA0.7%
43VONOVIA0.7%
44DEUTSCHE BANK AG0.7%
45UCB SA0.6%
46VERBUND AG0.6%
47GENERALI0.6%
48MERCEDES-BENZ GROUP N AG0.6%
49KERING SA0.6%
50ADIDAS N AG0.6%
51AEDIFICA NV0.6%
52STORA ENSO CLASS R0.6%
53WAREHOUSES DE PAUW NV0.6%
54ELIA GROUP SA0.5%
55ADYEN0.5%
56PUBLICIS GROUPE0.5%
57AMADEUS IT GROUP0.5%
58AIB GROUP PLC0.5%
59ORANGE SA0.5%
60RYANAIR HOLDINGS PLC0.5%
61ERSTE GROUP BANK AG0.5%
62DR ING HC F PORSCHE PRF AG0.5%
63COMPAGNIE DE SAINT GOBAIN SA0.5%
64KERRY GROUP PLC0.5%
65UPM-KYMMENE0.5%
66MERCK0.5%
67HEINEKEN NV0.5%
68SAMPO CLASS A0.5%
69SIEMENS HEALTHINEERS AG0.5%
70COMMERZBANK AG0.5%
71KONINKLIJKE PHILIPS0.5%
72MONCLER0.5%
73BMW0.4%
74SOCIETE GENERALE SA0.4%
75ORION CLASS B0.4%
76PERNOD RICARD SA0.4%
77SARTORIUS STEDIM BIOTECH SA0.4%
78SARTORIUS PREF AG0.4%
79LOTUS BAKERIES NV0.4%
80BIONTECH SE ADR0.4%
81DASSAULT SYSTEMES0.4%
82BOUYGUES SA0.4%
83ABN AMRO BANK NV0.4%
84DAVIDE CAMPARI MILANO NV0.4%
85CELLNEX TELECOM0.4%
86PRADA S.P.A.0.4%
87RECORDATI INDUSTRIA CHIMICA E FARM0.4%
88BANCA MONTE DEI PASCHI DI SIENA SP0.4%
89BEIERSDORF AG0.4%
90TELEFONICA SA0.3%
91ICON PLC0.3%
92UNIVERSAL MUSIC GROUP0.3%
93KONINKLIJKE KPN NV0.3%
94DIETEREN GROUP SA0.3%
95BAWAG GROUP AG0.3%
96TELECOM ITALIA0.3%
97HEIDELBERG MATERIALS AG0.3%
98HEINEKEN HOLDING NV0.3%
99DSM FIRMENICH AG0.2%
100ELISA0.2%
101SOFINA SA0.2%
102AGEAS0.2%
103HENKEL & KGAA PREF AG0.2%
104POSTE ITALIANE0.2%
105KBC GROEP NV0.2%
106WIENERBERGER AG0.1%
107UNIPOL ASSICURAZIONI SPA0.1%
108CONTINENTAL AG0.1%
109FRESENIUS MEDICAL CARE AG0.1%
110EURO CURRENCY0.1%
111HENKEL AG0.1%
112STRABAG0.1%
113BANCA MEDIOLANUM0.0%
114HONG KONG DOLLAR0.0%
115US DOLLAR0.0%
116AUSTRALIAN DOLLAR0.0%
117BANCO COMERCIAL PORTUGUES SA0.0%
118BANK OF IRELAND GROUP PLC0.0%
119VIENNA INSURANCE GROUP AG0.0%
120HAPAG LLOYD AG0.0%
121TALANX AG0.0%
122BANCO BPM0.0%
123KNORR BREMSE AG0.0%
124FRESENIUS N0.0%
125CREDIT AGRICOLE SA0.0%
126FINECOBANK BANCA FINECO0.0%
127DAIMLER TRUCK HOLDING E AG0.0%
128GROUPE BRUXELLES LAMBERT NV0.0%
129EXOR NV0.0%
130SWISS FRANC0.0%
131STELLANTIS0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 54% of similar ETFs💰 All-in cost cheaper than 50%📈 Higher 1-yr return than 50%📈 Higher 3-yr return than 36%📊 Beat its category by 1.3% (1-yr) (category average +8.4%)📊 Behind its category by 0.2% (3-yr) (category average +12.1%)

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

Advanced risk

1.07
Sortino (3y) ?
0.66
Calmar (3y) ?
12.0%
Downside deviation ?
58%
Up months (hit rate) ?
€53.62
52-week high ?
€42.70
52-week low ?

Concentration depth

~38 ?
Effective number of holdings

Roughly 131 companies are held, but the largest names carry most of the weight — so it behaves like ~38 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
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Index trackedSolactive ISS ESG Developed Markets Eurozone Net Zero Pathway IndexMSCI EMUMSCI 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€9.2B€8.8B€8.8B€8B€7.9B€7.9B
DomicileIrelandIrelandLULULUIrelandIreland
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+11.9%+14.3%+16.7%+19.9%+15.0%+19.9%+15.2%
5-yr return p.a.+9.5%+9.0%+11.5%+8.5%+10.6%+8.6%
# holdings131230101010230230

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

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