The only ETF needed
Core choice for a global portfolio
Core choice for a global portfolio
85% global market coverage
Cutting-edge hybrid replication
Core choice for a global portfolio
85% global market coverage
Cutting-edge hybrid replication
A global portfolio in one single ETF.
Powered by the combined capital market expertise of Scalable, Xtrackers & MSCI.
ISIN: LU2903252349
Scalable MSCI AC World Xtrackers UCITS ETF (Acc)
Replication: Hybrid (physical & synthetic)
Distribution policy: Accumulating
TER: 0.15% p.a.
Index: MSCI All Country World
Savings plan ready from €1
ISIN: LU3444998531
Scalable MSCI AC World Xtrackers UCITS ETF (Dist)
Replication: Hybrid (physical & synthetic)
Distribution policy: Distributing
TER: 0.15% p.a. after 31/12/2027
Index: MSCI All Country World
Savings plan ready from €1
1 The regular total expense ratio (TER) of 0.15% p.a. is waived until 31/12/2027. Further information can be found on the Xtrackers product page.
Cover almost 85% of the global investable markets across 23 developed and 24 emerging countries with just one ETF. A simple all-in-one solution for global diversification.
2 Data as of 31/08/2026
More details on the allocation of the ETF can be found on the Xtrackers product page.
The ground-breaking hybrid replication combines the best of both worlds, leveraging the advantages of physical and synthetic replication. This approach is designed to generate maximal structural outperformance through tax benefits and improved access to illiquid markets.
Realised relative outperformance

Note: Past performance is not a reliable indicator of future performance.
Explanations of the chart:
Realised Performance (ISIN: LU2903252349) after fees (including the temporary fee reduction of Scalable ETF, which reflects positively on the displayed performance) relative to MSCI ACWI Net Total Return Index and the MSCI World Net Total Return Index. Graph includes the equally-weighted average performance of the three largest MSCI ACWI UCITS ETFs (by fund volume and tradable on XETRA; ISINs: IE00B6R52259, IE00B44Z5B48, LU1829220216) relative to MSCI ACWI Net Total Return Index.
Source: Bloomberg
The graph is normalised to the index to ensure accurate comparison.
Past performance is not a reliable indicator of future performance. Investment involves risk.
Due to regulatory restrictions the performance of ISIN: LU3444998531 can only be reported after the first full year on 30/10/2027.

The following chart shows the ETF’s target allocation3, depending on the specific security type.
More precise tracking of hard-to-access or illiquid markets
Structural outperformance via 0% withholding tax on US dividends and structural advantages for China A-shares
Enhanced liquidity and tracking error minimisation
High transparency of single stocks directly held within the ETF
Direct ownership of equities across European, Pacific, and Canadian markets
Additional return generated through securities lending
Answers to further frequently asked questions about the Scalable MSCI AC World Xtrackers ETF are answered in our FAQs.