Openbookopenbook
Openbook
XXSC
+2.99 · +5.16%
£60.98 · LSE
db x-trackers MSCI Europe Small Cap UCITS DR 1C | Europe Small-Cap Equity
DWS Investment S.A. (ETF) · Luxembourg
AUM:£3.9B
#– of – in Europe Small-Cap Equity ETFs
ℹ️
Reward Rating
65
Good
3.84% 1Y return
ℹ️
Risk Rating
46
Moderate
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

XXSC returned +3.8% over the past year, broadly in line with flat market conditions.

Cost Efficiency

💰 Ongoing charge of 0.32% — competitive for the exposure provided.

What is XXSC?

db x-trackers MSCI Europe Small Cap UCITS DR 1C tracks Morningstar Dev Eur Sml TME NR EUR, providing diversified exposure across 49 holdings. Its ongoing charge is 0.32%.

Performance Highlights

Investment Breakdown

Modest 1-Year Return
XXSC returned 3.8% over the past year.
Moderate Cost
Ongoing charge of 0.32%. Consider how fees compound over a long holding period.
Broadly Diversified
Top 10 holdings represent just 6.2% of the ETF — exposure spread across many positions.

Openbook Analysis

Performance: Good (65)

The scoring profile reflects moderate historical performance, with a 3.8% 1-year return (historical). The ongoing charge of 0.32% should be considered against long-term return expectations. Risk indicators are moderate, in line with typical market exposure (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM£3.9B
Ongoing Charge0.32%
Dividend Yield4.20%
Holdings49
Inception DateJan 2008
DomicileLuxembourg
DistributionNA
IndexMorningstar Dev Eur Sml TME NR EUR
ProviderDWS Investment S.A. (ETF)
Beta–
CategoryEurope Small-Cap Equity
CurrencyGBX
Portfolio Impact

How would XXSC affect your portfolio?

Sign in to see exactly what adding this ETF changes — sector exposure, yield, diversification, volatility. Real numbers from your actual holdings.

Sign in
Example preview
6168
+7 points · better diversified
Alternatives
Similar ETFs to compare
CSP1
iShares Core S&P 500
TER 0.07%
1Y+18.1%
AUM£78B
Yield1.3%
VUAG
Vanguard S&P 500 Acc
TER 0.07%
1Y+18.0%
AUM£12B
Yield—
SWDA
iShares MSCI World
TER 0.20%
1Y+15.4%
AUM£62B
Yield1.6%
VWRP
Vanguard FTSE All-World
TER 0.22%
1Y+14.8%
AUM£14B
Yield1.8%

Chart Tools

My Portfolio

Sign in to overlay your portfolio on the chart.

Sign in
Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+10.3%
1Y
+17.7%
3Y
+43.7%
5Y
+25.9%
OpenBook InsightIf you had invested £10,000 in XXSC 5 years ago, it would have grown to £12,595 — a gain of £2,595.

Annual Returns

Calendar year performance

XXSC delivered positive returns in 4 of the last 5 calendar years.
YearXXSC
2026 YTD+7.7%
2025+21.6%
2024+1.7%
2023+9.3%
2022-17.9%
CAGR 4yr+2.6%
4/5 positive yearsAvg return: +4.5%Worst year: -17.9% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
13.1%
Low
Momentum
+3.1%
30-day change
Support Level
61.32
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.

Reward Rating Breakdown

Our reward rating analyses XXSC's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
65
Good REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
51/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
3.84%
Weak
3Y Return
2.39%
Weak
5Y Return
11.12%
Very Good
10Y Return
7.17%
Good
Sharpe Ratio
—
No Data

Moderate performance profile: 1-year return of 3.84%, 3-year annualised 2.39%, 5-year annualised 11.12%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
80/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.32%
Neutral
Net Expense Ratio
0.00%
Very Good
Annual Turnover
-1.92%
Very Good
Tracking Difference
—
No Data

Low-cost and efficient structure: ongoing charge of 0.32%, net expense ratio of 0.00%, annual turnover of -1.9%.

💵 Income

Weight: 15%
80/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield
4.20%
Good
Distribution Frequency
NA
No Data

Attractive income profile: distribution yield of 4.20%, na distributions.

🌐 Diversification Quality

Weight: 25%
56/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
49
Very Weak
Top 10 Concentration
6.18%
Very Good
Top Sector
Industrials26.8%
Neutral
Top Region
Europe Developed71.1%
Neutral

Moderate diversification: 49 holdings, top 10 at 6.2%, Industrials sector at 26.8%, Europe Developed at 71.1%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses XXSC using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
46
Moderate RISK
Data Coverage: 83%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
26/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
6.18%
Low Risk
Largest Holding
0.81%
Low Risk
Number of Holdings
49
Elevated
HHI (weight²)
4
Low Risk

Broadly diversified across holdings: top 10 holdings at 6.2%, largest single position at 0.81%, 49 total holdings.

🌍 Market Exposure

Weight: 25%
68/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
Europe Developed71.1%
Moderate
Top Sector
Industrials26.8%
Moderate
Top 2 Sectors
42.77%
Moderate
Cyclical Sectors
62.27%
High Risk

Notable regional or sector dependency: Europe Developed at 71.1%, Industrials sector at 26.8%, 62.3% in cyclical sectors.

📊 Volatility

Weight: 35%
35/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
9.94%
Lower Risk
Beta
—
No Data
Max Drawdown
—
No Data

Moderate volatility in line with broad market: 1Y volatility of 9.94% (historical).

💵 Income Reliability

Weight: 15%
67/100

How dependable is the fund's distribution yield? Heavy cyclical-sector exposure or unusually high yields can flag vulnerability to dividend cuts in a downturn.

Current Yield
4.20%
Moderate
Cyclical Sector Exposure
62.27%
High Risk
Top-Sector Dependency
Industrials26.8%
Moderate

Income has some cyclical dependency: yield of 4.20%, 62.3% in cyclical sectors (financials, energy, materials, industrials, real estate), Industrials sector at 26.8%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
openbook

Stock research for everyday UK investors. Make smarter decisions, faster.

Questions? Email us at contact@openbookanalytics.com

© 2026 Openbook Analytics Ltd · Company No. SC843579 · Registered in Scotland

256-bit encryption GDPR compliant UK data centres

Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.