Xtrackers MSCI USA Climate Action Equity ETF

DBX ETF Trust · 1 share class

U.S. equity index ETF
One fund, 1 share class:USCA
$3.25B NAV
407 positions · as of 2026-05-29 · filed 2026-07-29

Fund classification

Classified from what the fund holds · as of 2026 Q2

Xtrackers MSCI USA Climate Action Equity ETF is a U.S. equity index ETF that tracks the MSCI USA Climate Action Index. 24% of USCA’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q4

The fund seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA Climate Action Index.

Strategy · summarised

The fund tracks the MSCI USA Climate Action Index using a full replication strategy, holding component securities in the same weights as the index. The index selects large and mid-cap U.S. companies that lead their sector peers in climate action, excluding those with severe ESG controversies, involvement in fossil fuels or controversial industries, or weak climate risk management, then ranks remaining eligible companies by emission intensity, green revenue, climate management, and emission track record, selecting the top 50% from each sector. The fund is currently classified as non-diversified under the Investment Company Act of 1940. Because the fund may use representative sampling if full replication is not possible, tracking divergence from the index could occur.

Expenses
0.07%one share class
Share classExpense ratio
USCA0.07%

Portfolio turnover 12.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.60%
of net assets
Stocks99.24%
Cash & short-term0.32%
Derivatives0.04%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology40.4%
Communication Services12.2%
Consumer Discretionary10.4%
Health Care8.8%
10 smaller28.2%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
24%of stock holdings in top-quartile growers
covering 97% of the fund’s equity
Earnings growth
29%of stock holdings in top-quartile growers
covering 92% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 156 new24 exited

Largest new: AAPL, LRCX, MU, AMAT, GE, KLAC, INTC, COST

Largest exited: CRWD, ROYAL CARIBBEAN CRUISES LTD, KMI, XEL, CCI, EQT, RKLB, ATO

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+23.88%
3-year
+76.72%
5-year
37 of 60 months
Volatility
13.23%
Worst 3-yr fall
-8.40%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CORPNVDA9.07%$294.91M
APPLE INCAAPL8.52%$277.15M
MICROSOFT CORPMSFT5.91%$192.27M
AMAZON.COM INCAMZN4.86%$157.93M
ALPHABET INCGOOGL4.12%$133.89M
BROADCOM INCAVGO3.73%$121.16M
ALPHABET INCGOOG3.24%$105.40M
META PLATFORMS INCMETA2.58%$83.75M
TESLA INCTSLA2.27%$73.95M
ELI LILLY & COMPANYLLY1.65%$53.51M
Showing 10 of 407Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-29 — not a live quote, and not what the fund paid.

Top 10 positions are 45.93% of net assets, top 25 58.20%, across 404 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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