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Xtrackers MSCI Thailand UCITS ETF 1C

Xtrackers · LU0514694701

Xtrackers MSCI Thailand UCITS ETF 1C is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XCX4 (ISIN LU0514694701). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. 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 MSCI Thailand TRN index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include DELTA ELECTRONICS THAI NVDR, PTT PCL NVDR and ADVANCED INFO SERVICE NVDR. Spread across roughly 23 holdings (the ten largest ≈ 78.7%), no one position makes or breaks the fund. Geographically it leans ~99.7% Thailand and ~0.2% Ireland. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. 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 Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. On the standard KID risk scale it is rated 6 out of 7 and its price has swung about 22% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2010. 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 MSCI Thailand TRN index ?
Equity ?Accumulating ?Physical ?LU ?
Low yearly feeReinvests dividendsOwns the shares directlyOtherConcentrated in a few names
Fund size (AUM) ?
€0
Risk level (SRI) ?
6 / 7 · High
1-year return ?
+41.6%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.00%
All-in cost ≈ 0.50%

About this fund

What you own

The MSCI Thailand TRN index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 23 companies across Other 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

0.00%Yearly fee (TER)
0.50%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.

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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 ?
MSCI Thailand TRN
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2010
16-year track record

Performance

70.584.197.8111125202420252026

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

Xtrackers MSCI Thailand UCITS ETF 1C Average MSCI Thailand TRN ETF (funds we track) ?

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

YTD+29.4%
1 year+41.6%
3 years+7.3%

Return, year by year

+10.6
-15.0
+7.3
-5.1
'22'23'24'25
2 of 4 up yearsBest: 2022 +10.6%Worst: 2023 -15.0%Calendar-year total returns, in USD

How bumpy has it been?

22.0%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-31.2%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.36
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+35.9%
Since inception
Total growth since launch — about +6.3% a year.
+59.7%
Best 12 months
The strongest one-year stretch on record.
-24.2%
Worst 12 months
The weakest one-year stretch on record.
-35.5%
Worst fall on record ?
It clawed back in about 11 months.

What's inside

The 10 biggest holdings make up 78.7% of the fund — the rest is spread across roughly 12 more companies.

Top 10 holdings

#CompanyWeight
1DELTA ELECTRONICS THAI NVDR25.7%
2PTT PCL NVDR8.9%
3ADVANCED INFO SERVICE NVDR8.8%
4AIRPORTS OF THAILAND PC NVDR6.3%
5CP ALL PCL NVDR6.0%
6GULF DEVELOPMENT PCL NVDR5.8%
7BANGKOK DUSIT MED SERVI NVDR5.3%
8SIAM CEMENT PCL NVDR4.5%
9PTT EXPLOR + PROD PCL NVDR4.0%
10CENTRAL PATTANA PCL NVDR3.4%

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
LSEXCX4USD★ Primary
EUR listings
FrankfurtXCS4EUR
USD listings
B2XCS4USD
B2XCS4USDUSD
B3XCS4DUSD
B3XCS4LUSD
B3XCX4LUSD
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EBXCS4DUSD
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EOLG7USD
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GDXCS4USD
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L1XCS4DUSD
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XWLG7EURUSD
XWLG7USD
XXLG7USD
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XXLG7EURUSD
XXLG7GBXUSD
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
1DELTA ELECTRONICS THAI NVDR25.7%
2PTT PCL NVDR8.9%
3ADVANCED INFO SERVICE NVDR8.8%
4AIRPORTS OF THAILAND PC NVDR6.3%
5CP ALL PCL NVDR6.0%
6GULF DEVELOPMENT PCL NVDR5.8%
7BANGKOK DUSIT MED SERVI NVDR5.3%
8SIAM CEMENT PCL NVDR4.5%
9PTT EXPLOR + PROD PCL NVDR4.0%
10CENTRAL PATTANA PCL NVDR3.4%
11TRUE CORP PCL/NEW NVDR3.4%
12KRUNG THAI BANK NVDR3.3%
13KASIKORNBANK PCL NVDR3.3%
14SCB X PCL NVDR3.1%
15BUMRUNGRAD HOSPITAL PCL NVDR2.8%
16CHAROEN POKPHAND FOODS NVDR1.8%
17MINOR INTERNATIONAL PCL NVDR1.8%
18TMBTHANACHART BANK PCL NVDR1.5%
20THAILAND BAHT0.1%
21EURO CURRENCY0.0%
22US DOLLAR0.0%
23ROBINSON PCL FOREIGN0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

💰 All-in cost cheaper than 42%📈 Higher 1-yr return than 95%📈 Higher 3-yr return than 46%📊 Beat its category by 31.4% (1-yr) (category average +10.2%)📊 Beat its category by 1.2% (3-yr) (category average +6.1%)

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

Advanced risk

0.53
Sortino (3y) ?
0.23
Calmar (3y) ?
13.9%
Downside deviation ?
67%
Up months (hit rate) ?
$25.81
52-week high ?
$17.84
52-week low ?

Concentration depth

~9 ?
Effective number of holdings

Roughly 23 companies are held, but the largest names carry most of the weight — so it behaves like ~9 equal-sized positions.

Tilt vs a world tracker

Thailand+99.7
United States-72.1
Japan-5.9
United Kingdom-3.5
Canada-3.4
France-2.4

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🌍 Other stocks
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Why it's similarThis is the fund on this page.
StocksPhysical
Tracks a different index in the same category.
StocksPhysical
Tracks a different index in the same category.
StocksAccumulating
Tracks a different index in the same category.
StocksPhysical
Tracks a different index in the same category.
StocksAccumulatingPhysical
Tracks a different index in the same category.
StocksPhysical
Tracks a different index in the same category.
Index trackedMSCI Thailand TRNTechnology Select Sector IndexFTSE Developed ex US IndexS&P 500® Total Return (Net) IndexFinancial Select Sector Index® ® S&p® 500 Mxn Hdg® ® S&p® 500 Hdg
Yearly fee (TER)0.00%0.08%0.03%0.05%0.08%0.05%0.05%
All-in cost0.50%0.00%0.00%0.12%0.00%0.06%0.06%
Fund size€0€100.3B€57.4B€50.3B€49.3B€36.7B€36.7B
DomicileLUUnited StatesUnited StatesIrelandUnited StatesIrelandIreland
ReplicationPhysical (full)Physical (full)Physical (full)Synthetic (swap)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+7.3%+26.5%+13.9%-73.9%+16.8%
5-yr return p.a.+18.6%+6.7%+9.0%
# holdings23771,49457280505505

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Data as of 2026-07-17 · Source: issuer data, compiled by Finance Hamster

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