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Xtrackers Eurozone Government Bond 1 3 UCITS ETF 2D GBP Hedged

Xtrackers · LU3003217638

Xtrackers Eurozone Government Bond 1 3 UCITS ETF 2D GBP Hedged is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XE2D (ISIN LU3003217638). 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. It follows the Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include FRANCE (REPUBLIC OF), FRANCE (REPUBLIC OF) and FRANCE (REPUBLIC OF). It holds around 34 positions (the ten largest ≈ 52.6%), spreading risk so no single holding decides your outcome. Geographically it leans ~31.4% Germany, ~29.5% France and ~26.8% Italy. By industry it concentrates most in ~99.9% 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 0.2% a year — about €20 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 0.21%. Income such as dividends is paid out to you as cash (a distributing share class). 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 GBP. On the standard KID risk scale it is rated 2 out of 7 — a gauge of how much the value moves, not a judgement of quality. It launched in 2025. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Xtrackers.)

· Tracks the Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 Index index ?
Bond ?Distributing ?Physical ?LU ?
Low yearly feePays cash dividendsOwns the shares directlyEurozone
Fund size (AUM) ?
€0
Risk level (SRI) ?
2 / 7 · Low
1-year return ?
+1.4%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.20%
All-in cost ≈ 0.21%

About this fund

What you own

The Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 34 companies across Eurozone in a single purchase.

Dividends

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

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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).

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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

0.20%Yearly fee (TER)
0.21%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.

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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 ?
Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 Index
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2025

Bond details

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

Performance

99.6101102103105202520252026

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

Xtrackers Eurozone Government Bond 1 3 UCITS ETF 2D GBP Hedged Average Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 Index ETF (funds we track) ?

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

YTD+0.3%
1 year+1.4%

How bumpy has it been?

1.5%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-1.7%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

+3.3%
Since inception
Total growth since launch — about +2.5% a year.
+2.1%
Best 12 months
The strongest one-year stretch on record.
+1.3%
Worst 12 months
The weakest one-year stretch on record.
-1.7%
Worst fall on record ?
It has not fully recovered yet.

What's inside

The 7 biggest holdings make up 10.9% of the fund.

Top 10 holdings

#CompanyWeight
4FRANCE (REPUBLIC OF)6.2%
26ITALY (REPUBLIC OF)2.0%
28SPAIN (KINGDOM OF)1.7%
30GERMANY (FEDERAL REPUBLIC OF)1.1%
32POUND STERLING0.0%
33US DOLLAR0.0%
34EURO CURRENCY0.0%

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
LSEXE2DGBP★ Primary
EUR listings
FrankfurtXE2DEUR
GBP listings
E1XE2DEURGBP
E1XE2DGBXGBP
EOXE2DEURGBP
EOXE2DGBXGBP
EUXE2DEURGBP
EUXE2DGBXGBP
GIXE2DGBP
GTXE2DGBP
THXE2DGBP
X1XE2DGBXGBP
X1XE2DEURGBP
X2XE2DEURGBP
X2XE2DGBXGBP
XAXE2DEURGBP
XAXE2DGBXGBP
XFXE2DGBXGBP
XFXE2DEURGBP
XGXE2DEURGBP
XGXE2DGBXGBP
XHXE2DGBXGBP
XHXE2DEURGBP
XJXE2DEURGBP
XJXE2DGBXGBP
XLXE2DEURGBP
XLXE2DGBXGBP
XOXE2DGBXGBP
XOXE2DEURGBP
XQXE2DEURGBP
XQXE2DGBXGBP
XUXE2DGBXGBP
XUXE2DEURGBP
XVXE2DEURGBP
XVXE2DGBXGBP
XWXE2DEURGBP
XWXE2DGBXGBP
XXXE2DGBXGBP
XXXE2DEURGBP
XYXE2DEURGBP
XYXE2DGBXGBP
XZXE2DEURGBP
XZXE2DGBXGBP
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
4FRANCE (REPUBLIC OF)6.2%
26ITALY (REPUBLIC OF)2.0%
28SPAIN (KINGDOM OF)1.7%
30GERMANY (FEDERAL REPUBLIC OF)1.1%
32POUND STERLING0.0%
33US DOLLAR0.0%
34EURO CURRENCY0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 0% of similar ETFs💰 All-in cost cheaper than 0%

Versus the Bonds · Eurozone · GBP ETFs we track.

Advanced risk

1.2%
Downside deviation ?
67%
Up months (hit rate) ?
$7.68
52-week high ?
$7.53
52-week low ?

Concentration depth

~23 ?
Effective number of holdings

Roughly 34 companies are held, but the largest names carry most of the weight — so it behaves like ~23 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
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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.
BondsDistributingPhysicalCheaper fee
Tracks a different index in the same category.
BondsPhysicalCheaper fee
Tracks a different index in the same category.
BondsPhysicalCheaper fee
Tracks a different index in the same category.
BondsPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedMarkit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 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)0.20%0.05%0.05%0.14%0.14%0.14%0.17%
All-in cost0.21%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.+2.7%+1.4%+1.9%+2.8%+2.7%
5-yr return p.a.-2.5%-3.7%-2.2%+1.7%
# holdings34426426221221546

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Data as of 0000-00-00 · Source: issuer data, compiled by Finance Hamster

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