DWS Expands Access to ESG Funds with Growth of Xtrackers S&P 500 ESG ETF and Xtrackers ESG ETF Suite

NEW YORK--(BUSINESS WIRE)--DWS, one of the world's leading asset managers, announced today that its Xtrackers S&P 500 ESG ETF (NYSE Arca: SNPE) has surpassed $230 million in AUM, raising the overall AUM of the Xtrackers ESG ETF product suite to $2.7 billion. With its increased scale and growth, DWS is reducing the fund’s net expense ratio from 0.11 percent to 0.10 percent effective July 28, 2020.1 Launched one year ago, the fund is the first ETF to provide exposure to an Environmental, Social and Governance (ESG) adjusted S&P 500 in the U.S. market. 2