Xtrackers by DWS Launches Six ETFs on Nasdaq Stockholm, Expanding Passive Investment Options
Xtrackers by DWS, the ETF and ETC platform of Deutsche Bank's asset management arm, has listed its first suite of exchange-traded funds on Nasdaq Stockholm. The initial offering comprises six ETFs spanning global equities, emerging markets, and thematic exposures like AI & big data—a nod to growing investor appetite for tech-driven strategies.
With €288 billion in assets under management, Xtrackers brings one of Europe's most established passive investment franchises to the Nordic market. "This reflects the structural shift toward cost-efficient products," said Helena Wedin, Nasdaq's Head of ETF & ETP, highlighting the exchange's 20% year-to-date growth in ETF listings.
The MOVE strategically localizes access for Swedish investors—all funds trade in SEK—while leveraging DWS's two-decade index tracking record. Though crypto-specific products aren't included in this rollout, the thematic AI ETF may indirectly capture blockchain-adjacent tech exposure.