USNZ ETF — Xtrackers Net Zero Pathway Paris Aligned US Equity ETF

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ)

Updated October 15, 2026.

USNZ is a low-cost ETF. its distribution rate is 0.84%, its trailing-12-month yield is 0.90%, its expense ratio is 0.10%. Dividend Vision Distribution Safety Score™ is 99/100 (Safe). Total return is 110.8% over the past 4.3 years, 3.6 points behind SPY at 114.4%.

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF is an ETF that tracks large and mid-capitalization U.S. companies selected for alignment with the Paris Agreement climate goals and the Net Zero Investment Framework, applying ESG criteria to its selection process. The fund carries a low expense ratio and distributes quarterly with a modest current yield. This fund appeals to investors seeking U.S. equity exposure with an explicit focus on climate-aligned and sustainability-screened holdings.

USNZ performance versus SPY

Price and return data through 2026-10-15.

Total return is 110.8% over the past 4.3 years, 3.6 points behind SPY at 114.4%. Over the past year its total return — price change plus distributions reinvested — is 17.5%. Its deepest 1-year drawdown was 11.1%.

USNZ key facts

Distribution Safety Score™

99 · Safe

Safety-Adjusted Yield

0.83%

Issuer

DWS

Asset type

ETF

Asset class

Equity

Inception date

06/27/2022

Expense ratio

0.10%

Distribution rate

0.84%

Distribution frequency

Quarterly

Trailing yield

0.90%

Last close

$49.05 (as of 2026-10-15)

AUM

$303,881,204

Average volume

100.0

Dividend

$0.103

Ex-dividend date

09/18/2026

Payment date

09/25/2026

Beta

1.09

How Dividend Vision calculates yield and returns

Distribution rate (0.84%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.90%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: DWS; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

USNZ risks and drawbacks

USNZ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.1%.

Who may consider USNZ — and who may not

USNZ may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (USNZ pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on USNZ

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Frequently asked questions

More securities from DWS.