Published on 14 Jul 2023 on etf.com via Yahoo Finance
European asset manager DWS Group launched this week its first thematic ETFs in the U.S. market under its Xtrackers brand, while Dimensional Fund Advisors filed to use the ETF-as-a-share-class structure pioneered by Vanguard Group Inc.
The three funds, Xtrackers Semiconductor Select Equity ETF (CHPS), Xtrackers Cybersecurity Select Equity ETF (PSWD) and Xtrackers US Green Infrastructure Select Equity ETF (UPGR) launched Thursday and are the first thematic ETFs the company has launched in the U.S.