Skip to content
Find an ETF
← All ETFs

Available in 49 markets

Xtrackers Eurozone Government Bond UCITS ETF 1D

Xtrackers · LU0643975591

Xtrackers Eurozone Government Bond UCITS ETF 1D is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker X03F (ISIN LU0643975591). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread across its target market. Rather than a manager picking stocks, it simply replicates the IBOXX € SOVEREIGNS EUROZONE® Index index — the passive, low-cost approach, and its largest holdings include FRANCE (REPUBLIC OF), FRANCE (REPUBLIC OF) and FRANCE (REPUBLIC OF). Spread across roughly 561 holdings (the ten largest ≈ 7.6%), no one position makes or breaks the fund. By geography it is weighted towards ~23.7% France, ~21.9% Italy and ~19.1% Germany. By industry it concentrates most in ~99.8% Government. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.09% a year — about €9 a year on a €10,000 holding, taken automatically from the fund; counting the trading costs inside the fund, the all-in figure is around 0.1%. It is a distributing share class — dividends are paid to you as cash rather than reinvested. It holds the underlying investments directly (physical replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. On the standard KID risk scale it is rated 4 out of 7 and its price has swung about 4.6% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2011. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Xtrackers.)

· Tracks the IBOXX € SOVEREIGNS EUROZONE® Index index ?
Bond ?Distributing ?Physical ?LU ?
Low yearly feePays cash dividendsOwns the shares directlyEurozoneBroadly spread
Fund size (AUM) ?
€0
Risk level (SRI) ?
4 / 7 · Medium
1-year return ?
-2.3%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.09%
All-in cost ≈ 0.10%

About this fund

What you own

The IBOXX € SOVEREIGNS EUROZONE® Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 561 companies across Eurozone in a single purchase.

Dividends

The fund pays dividends out to you as cash, usually a few times a year.

Read more

You get the dividends as cash you can spend or move elsewhere, which some people like for a sense of income. If you would rather it compounded, you buy more units yourself — it will not reinvest on its own the way an accumulating version does. The same fund is often sold in both versions; what it holds underneath is identical.

How it works

The fund actually buys every share in the index it tracks (full replication).

Read more

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.09%Yearly fee (TER)
0.10%All-in cost

The yearly running cost of the fund, shown as a % of your money. €0.20 per €100 a year at 0.20%. Lower is cheaper.

Read more

It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
IBOXX € SOVEREIGNS EUROZONE® Index
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2011
15-year track record

Bond details

Credit quality ?
Investment Grade
Inflation-linked ?
No — nominal (fixed) payouts

Performance

98.2100102104106202420252026

Growth of €100 invested — both lines start at €100.

Xtrackers Eurozone Government Bond UCITS ETF 1D Average IBOXX € SOVEREIGNS EUROZONE® Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD-1.8%
1 year-2.3%
3 years-0.2%

Return, year by year

-20.5
+5.1
-0.9
-1.4
'22'23'24'25
1 of 4 up yearsBest: 2023 +5.1%Worst: 2022 -20.5%Calendar-year total returns, in EUR

How bumpy has it been?

4.6%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-5.9%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
-0.03
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

-21.1%
Since inception
Total growth since launch — about -4.7% a year.
+8.4%
Best 12 months
The strongest one-year stretch on record.
-21.1%
Worst 12 months
The weakest one-year stretch on record.
-25.3%
Worst fall on record ?
It has not fully recovered yet.

What's inside

The 10 biggest holdings make up 1.3% of the fund — the rest is spread across roughly 27 more companies.

Top 10 holdings

#CompanyWeight
59SPAIN0.3%
107SPAIN GOVERNMENT BOND0.3%
317BELGIUM GOVERNMENT BOND0.1%
334BUNDESREPUBLIK DEUTSCHLAND0.1%
335BELGIUM0.1%
346NETHERLANDS (KINGDOM OF)0.1%
384IRELAND (REPUBLIC OF)0.1%
389ITALY BUONI POLIENNALI DEL TESORO0.1%
392BELGIUM KINGDOM OF (GOVERNMENT)0.1%
409GERMANY (FEDERAL REPUBLIC OF)0.1%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
SIXX03FCHF★ Primary
EUR listings
AVX03FEUR
B2X03FEUR
B3DB57VEUR
B3X03FDEUR
B4X03FEUR
BWX03FEUR
E1X03FEUR
EBX03FDEUR
EOX03FEUR
EPX03FEUR
EZX03FEUR
FrankfurtX03FEUR
GDX03FEUR
GFX03FEUR
GHX03FEUR
GIX03FEUR
GMX03FEUR
GSX03FEUR
GTX03FEUR
GZX03FEUR
I2X03FDEUR
IXX03FDEUR
L1X03FDEUR
L1DB57VEUR
L3DB57VEUR
L3X03FDEUR
LAX03FEUR
LUX03FEUR
POX03FDEUR
PODB57VEUR
QEX03FDEUR
QTX03FEUR
QXX03FDEUR
T1X03FDEUR
T2X03FEUR
THX03FEUR
TQX03FDEUR
WTX03FEUR
X9X03FEUR
XAX03FEUR
XEX03FEUR
XFX03FEUR
XGX03FEUR
XHX03FEUR
XJX03FEUR
XLX03FEUR
XOX03FEUR
XSX03FEUR
XUX03FEUR
XVX03FEUR
XWX03FEUR
XXX03FEUR
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-17 · the fund's own published holdings.

#CompanyWeight
59SPAIN0.3%
107SPAIN GOVERNMENT BOND0.3%
317BELGIUM GOVERNMENT BOND0.1%
334BUNDESREPUBLIK DEUTSCHLAND0.1%
335BELGIUM0.1%
346NETHERLANDS (KINGDOM OF)0.1%
384IRELAND (REPUBLIC OF)0.1%
389ITALY BUONI POLIENNALI DEL TESORO0.1%
392BELGIUM KINGDOM OF (GOVERNMENT)0.1%
409GERMANY (FEDERAL REPUBLIC OF)0.1%
419IRELAND GOVERNMENT BOND0.1%
421HELLENIC (REPUBLIC OF)0.0%
431FRANCE (REPUBLIC OF)0.0%
439IRELAND (GOVERNMENT)0.0%
445PORTUGAL (REPUBLIC OF)0.0%
458GREECE REPUBLIC OF (GOVERNMENT)0.0%
460SLOVAKIA (REPUBLIC OF)0.0%
464FINLAND (REPUBLIC OF)0.0%
473BELGIUM (KINGDOM OF)0.0%
482AUSTRIA (REPUBLIC OF)0.0%
491SLOVAKIA GOVERNMENT BOND0.0%
493SLOVAK REPUBLIC (GOVERNMENT)0.0%
503REPUBLIKA SLOVENIJA0.0%
520SPAIN (KINGDOM OF)0.0%
523SLOVENIA (REPUBLIC OF)0.0%
534ESTONIA (REPUBLIC OF)0.0%
541SLOVENIA GOVERNMENT BOND0.0%
549BULGARIA (REPUBLIC OF)0.0%
552CROATIA (REPUBLIC OF)0.0%
554LITHUANIA (REPUBLIC OF)0.0%
555CYPRUS (REPUBLIC OF)0.0%
556LUXEMBOURG (GRAND DUCHY OF)0.0%
557ITALY (REPUBLIC OF)0.0%
558LATVIA (REPUBLIC OF)0.0%
559US DOLLAR0.0%
560POUND STERLING0.0%
561EURO CURRENCY0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 89% of similar ETFs💰 All-in cost cheaper than 83%📈 Higher 1-yr return than 22%📈 Higher 3-yr return than 12%📊 Behind its category by 2.4% (1-yr) (category average +0.1%)📊 Behind its category by 2.0% (3-yr) (category average +1.8%)

Versus the Bonds · Eurozone · EUR ETFs we track.

Advanced risk

-0.05
Sortino (3y) ?
-0.03
Calmar (3y) ?
3.4%
Downside deviation ?
58%
Up months (hit rate) ?
€173.95
52-week high ?
€166.97
52-week low ?

Concentration depth

~315 ?
Effective number of holdings

Roughly 561 companies are held, but the largest names carry most of the weight — so it behaves like ~315 equal-sized positions.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Eurozone bonds
Compare side by side
6 similar funds
Xtrackers Eurozone Government Bond UCITS ETF 1DXtrackersYou're viewingAmundi Prime Euro Government Bond UCITS ETF AccAmundiBroader matchAmundi Prime Euro Government Bond UCITS ETF DistAmundiBroader matchAmundi Euro Lowest Rated IG Government Bond UCITS ETF DistAmundiBroader matchAmundi Euro Lowest Rated IG Government Bond UCITS ETF AccAmundiBroader matchAmundi Euro Government Bond 0-6 M UCITS ETF AccAmundiBroader matchAmundi Italy BTP Government Bond 10Y UCITS ETF AccAmundiBroader match
Why it's similarThis is the fund on this page.
BondsPhysicalCheaper fee
Tracks a different index in the same category.
BondsDistributingPhysicalCheaper fee
Tracks a different index in the same category.
BondsDistributingPhysical
Tracks a different index in the same category.
BondsPhysical
Tracks a different index in the same category.
BondsPhysical
Tracks a different index in the same category.
BondsPhysical
Tracks a different index in the same category.
Index trackedIBOXX € SOVEREIGNS EUROZONE® IndexSolactive Eurozone Government Bond Index TRSolactive Eurozone Government Bond Index TRFTSE Eurozone Lowest-Rated Government Bond IG IndexFTSE Eurozone Lowest-Rated Government Bond IG IndexFTSE Eurozone Government Bill 0-6 Month Capped IndexFTSE Eurozone Target Maturity Government Bond Italy (Mid Price) Index
Yearly fee (TER)0.09%0.05%0.05%0.14%0.14%0.14%0.17%
All-in cost0.10%0.00%0.05%0.00%0.14%0.14%0.17%
Fund size€0€2B€2B€1.4B€1.3B€906.8M€688.3M
DomicileLULULULULUFranceLU
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.-0.2%+2.7%+1.4%+1.9%+2.8%+2.7%
5-yr return p.a.-2.5%-3.7%-2.2%+1.7%
# holdings561426426221221546

The fund on this page stays pinned on the left — scroll or use ‹ › to compare it against each one.

Open the full comparison tool →
Data as of 2026-07-17 · Source: issuer data, compiled by Finance Hamster

New to ETFs? Start with the basics →

Finance Hamster provides educational information about ETFs and investing. It is not investment, tax, or legal advice, and not a recommendation to buy or sell any security. Markets carry risk; do your own research or consult a licensed adviser.