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XOEX

GradeBChicago Board Options Exchange

Xtrackers S&P 100 Ex Top 20 ETF

Major Indexes · Xtrackers · Inception 2022-11-09

$40.19−0.12 (−0.30%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Nov 9, 2022.
Intraday session: down, 9 prints from 40.31 to 40.19. Range 40.17 to 40.37. Use the arrow keys to read each point.$40.15$40.25$40.30$40.3510 AM12 PM2 PM4 PM
Expense ratio
0.15%
Fund size
$291M
1Y return
+17.6%
Yield · Last 12 months
1.47%
Holdings
80
Volume · 30D
0.1M sh
NAV per share
$40.35
52W range
low $34.64high $41.99

The ETF.net XOEX Grade

B

68/ 100

Rank 12 of 44 in Other Major Indexes

Confidence High

Six-pillar profile for XOEX. Scores out of 100: Cost 65, Risk 78, Mission 83, Tradability 52, Holdings 65, Durability 53. Strongest: Mission (83). Weakest: Tradability (52). Leans toward Mission and Risk.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 68 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 65
    Category rank17/44 · top 39%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 83
    Category rank16/31 · mid-pack
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 78
    Category rank5/43 · top 12%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    Category rank18/44 · top 41%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank17/42 · top 40%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 53
    Category rank22/44 · top 50%

Graded as of Sep 22, 2026

Our read on XOEX

ETF.net Research

BTake the S&P 100 and delete the 20 biggest names. What's left is about 80 blue chips sitting just behind the mega-cap crowd, wrapped at 0.15% a year.

Stated mandate

The fund seeks to provide results that generally correspond, before fees and expenses, to the S&P 100 Ex-Top 20 Select Index.

Why people hold it

  1. 01One rule, clearly stated: the S&P 100 minus that index's 20 largest members by float-adjusted market cap, leaving roughly 80 large caps to share the weight.indexologyblog.com
  2. 02Costs 0.15% a year, a third of the typical fee among the plain index wrappers we grade.
  3. 03Tracks its index closely and sits in the top quartile of its index-wrapper peer group, a strong build for a narrow idea.
  4. 04Rules-based S&P index, US large-cap stocks only, cash paid out quarterly.

Worth knowing

  1. 01Thinly traded and modest in size, so spreads can run wider than in household-name index funds.
  2. 02Not the cheapest shelf: broad wrappers like SCHK, VXF and VT charge less. The exclusion rule is what the extra buys.
  3. 03It deliberately owns none of the S&P 100's 20 largest members, so results can diverge from standard large-cap funds in either direction.indexologyblog.com

XOEX Holdings

As of Sep 21, 2026, 3:56 PM
Asset class
Stocks
Holdings
80
Top-10 weight
26%
Largest holding
ABBV3.1%

Sectors

  • Technology18.2%
  • Health Care18.0%
  • Financials17.9%
  • Industrials14.7%
  • Cons. Staples9.4%
  • Communication7.1%
  • Consumer Discr.6.2%
  • Energy3.8%
  • Utilities2.3%
  • Materials1.4%
  • Real Estate1.0%

Geography

  • United States97.09%
  • Ireland1.51%
  • United Kingdom1.40%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ABBVAbbVie Inc3.13%34,223$9M511
002MAMastercard Inc-Class A3.06%15,656$9M512
003CVXChevron Corp2.78%38,317$8M468
004PLTRPalantir Technologies Inc Class A2.74%44,555$8M503
005BACBank of America Corp2.51%125,862$7M440
006CATCaterpillar Inc2.49%8,903$7M448
007MRKMerck & Co Inc2.43%47,775$7M506
008LRCXLAM RESEARCH CORP2.42%24,237$7M591
009AMATApplied Materials Inc2.37%15,378$7M558
010KOCoca-Cola Co2.29%74,967$7M457
011PGProcter & Gamble Co2.28%44,991$7M433
012UNHUnitedHealth Group Inc2.27%17,420$7M474
013GEGeneral Electric Co2.18%20,088$6M404
014NFLXNetflix Inc2.01%80,806$6M493
015HDHome Depot Inc2.00%19,282$6M436

Showing 1–15 of 78 holdings

XOEX Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

XOEX$11,759
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. XOEX $11,759. SPY $11,723. Use the arrow keys to read each point.$9,318$10,867$12,416Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for XOEX. Periods over one year show the average yearly return.
PeriodXOEX
Year to date+11.2%
1 month−3.5%
3 months+1.0%
1 year+17.6%
3 years+18.8%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for XOEX
YearReturn barXOEX
2026 YTD+11.2%
2025+18.9%
2024+12.1%
2023+16.0%
2022+3.0%

Since listing, Nov 9, 2022

XOEX in the news

ETF.net Research hasn’t filed on XOEX yet — coverage lands here as it’s written.

XOEX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.47%Last 12 months
Payout per share
$0.59Last 12 months
Upcoming payment
$0.16 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2022–2026

One bar per payment. 16 payments from 2022 to 2026 YTD. Dec 16, 2022 $0.11; Mar 17, 2023 $0.11; Jun 23, 2023 $0.15; Sep 15, 2023 $0.12; Dec 15, 2023 $0.12; Mar 15, 2024 $0.13; Jun 21, 2024 $0.17; Sep 20, 2024 $0.16; Dec 20, 2024 $0.19; Mar 21, 2025 $0.16; Jun 20, 2025 $0.17; Sep 19, 2025 $0.15; Dec 19, 2025 $0.23; Mar 20, 2026 $0.09; Jun 18, 2026 $0.12; Sep 18, 2026 $0.16. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Pays Sep 25, 2026$0.16
Jun 18, 2026Jun 26, 2026$0.12
Mar 20, 2026Mar 27, 2026$0.09
Dec 19, 2025Dec 29, 2025$0.23
Sep 19, 2025Sep 26, 2025$0.15
Jun 20, 2025Jun 27, 2025$0.17
Mar 21, 2025Mar 28, 2025$0.16
Dec 20, 2024Dec 30, 2024$0.19
Sep 20, 2024Sep 27, 2024$0.16
Jun 21, 2024Jun 28, 2024$0.17
Mar 15, 2024Mar 22, 2024$0.13
Dec 15, 2023Dec 22, 2023$0.12

XOEX Risk

How much the fund’s monthly returns vary, scaled to a year.
12.9%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.02
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−14.7%
46 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.87
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

XOEX Cost

Expense ratio0.15%
  • The middle half of Other Major Indexes funds
  • Median 0.29%

14 of the 42 Other Major Indexes funds charge less.

XOEX costs $15.00 a year on $10,000. The median Other Major Indexes fund costs $29.00.