Xtrackers S&P 100 Ex Top 20 ETF (XOEX)

The Xtrackers S&P 100 Ex Top 20 ETF (XOEX) is an exchange-traded fund offered by DWS under its Xtrackers brand. It seeks to track an index that starts from the S&P 100, a group of the largest U.S. blue-chip companies, and removes the twenty largest constituents.

The result is a passive large-cap U.S. equity portfolio focused on established companies just below the very top of the market-capitalization ranking. The approach aims to reduce the concentration in a handful of mega-cap technology and communication names that characterizes broad cap-weighted indexes.

Holdings are drawn from multiple sectors and are adjusted when the underlying S&P Dow Jones index is reconstituted.