D
WS has expanded its ESG ETF offerings with the launch of a green real estate fund on Deutsche Borse. The Xtrackers Developed Green Real Estate ESG UCITS ETF (XDRE) comes with a total expense ratio of 0.18%. It tracks the Dow Jones Developed Green Real Estate index, which focuses on global developed markets and uses a GRESB score to evaluate companies' environmental, social, and governance performance.

    The index excludes companies involved in tobacco, controversial weapons, and other sensitive industries. XDRE's portfolio is comprised of 85% real estate equities and 15% real estate investment trusts (REITS). This new ETF was previously announced for a second-quarter launch in DWS' Q1 2024 results.

    DWS has been actively expanding its ESG offerings, including the recent debut of the Xtrackers MSCI Global SDG 11 Sustainable Cities UCITS ETF. The firm also launched a global infrastructure ETF in October, providing exposure to companies that provide energy, transport, and communications infrastructure.