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Xtrackers by DWS Repositions Equity ETF to Provide Access to Large U.S. Companies with Reduced Dependence on Big Tech
NEW YORK, February 12, 2026--DWS, a leading European asset manager with global reach, today announced the repositioning and renaming of one of its equity ETFs: The Xtrackers S&P 500 Value Scored & Screened ETF has become the Xtrackers S&P 100 Ex Top 20 ETF (CBOE: XOEX) (the "Fund"). As part of its repositioning, the Fund has changed its underlying index and now tracks the S&P 100 Ex-Top 20 Select Index.
About this update from Dws Group Gmbh & Co. Kgaa
NEW YORK, February 12, 2026--(BUSINESS WIRE)--DWS, a leading European asset manager with global reach, today announced the repositioning and renaming of one of its equity ETFs: The Xtrackers S&P 500 Value Scored & Screened ETF has become the Xtrackers S&P 100 Ex Top 20 ETF (CBOE: XOEX) (the "Fund"). As part of its repositioning, the Fund has changed its underlying index and now tracks the S&P 100 Ex-Top 20 Select Index. The S&P 100 Ex-Top 20 Select Index is designed to measure the capped market capitalization weighted performance of companies in the S&P 100, excluding the largest 20 companies ranked by float-adjusted market capitalization. The exclusion of the top 20 companies results in a "Next 80" exposure that remains rooted in large-cap, blue-chip stocks from a diverse range of industries. "The S&P 100 Ex Top 20 ETF is particularly attractive to investors who want to improve their diversification, seek alternative sources of return outside of big tech, and prefer a more balanced risk/return profile," said Salvador Gomez, Head of Sales Xtrackers Americas. "Those who already hold large tech positions—for example, via Nasdaq ETFs, S&P 500 ETFs, or individual tech stocks—can use XOEX to deliberately deconcentrate their portfolios without having to forego U.S. large-caps." "At Xtrackers, we aim to provide investors innovative investment solutions that are clear and effective," said Henry Wu, Head of Xtrackers Products U.S. "While the top mega-cap names often remain at the front and center of media attention, the remaining U.S. mega and large-cap companies offer a meaningful representation of the long-term mega and large-cap US equity landscape via a more balanced sector profile." "The S&P 100 Ex-Top 20 Select Index is designed to measure the performance of a defined segment of the U.S. large-cap equity market by applying exclusions within the S&P 100 universe," said Hamish Preston, Head of U.S. Equities at S&P Dow Jones Indices. "The index is calculated and maintained in accordance with S&P Dow Jones Indices’ established methodologies and governance standards, providing market participants with an additional benchmark to analyze equity market composition and concentration." Key Features and Potential Uses of XOEX Effective Decembe...
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