# Xtrackers II Eurozone Government Bond 1-3 UCITS ETF (0DML) **Source:** https://fundology.uk/fund/0dml · ISIN LU0290356871 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, 0DML (Xtrackers II Eurozone Government Bond 1-3 UCITS ETF, ISIN LU0290356871) closed at €173.38 on the London Stock Exchange. Its ongoing charge is 0.24% a year (about £24 on £10,000). Over the five years to 30/09/2026 its total return was +2.5%, or −19.9% after UK CPIH inflation. ## Summary Xtrackers II Eurozone Government Bond 1-3 UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2007. It tracks the iBoxx EUR Eurozone (DE ES FR IT NL) 1-3Y Index - EUR - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.24% a year — about £24 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **€173.38** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0DML | | ISIN | LU0290356871 | | Category | Government bonds | | Type | ETF | | Provider | Xtrackers | | Tracks | iBoxx EUR Eurozone (DE ES FR IT NL) 1-3Y Index - EUR - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.24% a year (£24 per £10,000) | | Fund size | £2.3bn | | Launched | 2007 | | Domicile | Luxembourg | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -1.94% | -5.02% | income reinvested | | 3 years | +6.28% | -4.10% | income reinvested | | 5 years | +2.52% | -19.86% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers II Eurozone Government Bond 1-3 UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +0.6%, 2023 +1.4%, 2024 −1.6%, 2025 +7.3%; 2026 to 30/09/2026 −2.2%. Returns of Xtrackers II Eurozone Government Bond 1-3 UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −1.9%; to 30/09/2025: +7.3%; to 30/09/2024: +1.1%; to 30/09/2023: −1.8%; to 30/09/2022: −1.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +0.6% | -7.9% | Price | | 2023 | +1.4% | -2.7% | Price | | 2024 | -1.6% | -4.9% | Price | | 2025 | +7.3% | +3.6% | Price | | 2026 to 30/09/2026 | -2.2% | -4.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.25% | -3.45% | | 3 years | 3.96% | -3.45% | | 5 years | 4.71% | -5.04% | ## Largest fall Volatility of Xtrackers II Eurozone Government Bond 1-3 UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 3.3% over 1 year, 4.0% over 3 years, 4.7% over 5 years. Largest fall in the price of Xtrackers II Eurozone Government Bond 1-3 UCITS ETF since October 2021, in pounds: −5.0% from 01/10/2021 to 07/07/2023. The lowest 12-month return of Xtrackers II Eurozone Government Bond 1-3 UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −8.2% (12 months to 07/01/2022); the highest was +8.7% (12 months to 07/11/2025). On 30/09/2026 the price of Xtrackers II Eurozone Government Bond 1-3 UCITS ETF was 3.4% below its highest weekly close since October 2021 (14/11/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers II Eurozone Government Bond 1-3 UCITS ETF 0.24% a year, as of 01/10/2026: 43 of the 274 other government bond funds charge more, 2 the same and 229 less (share classes counted once). ## Funds tracking the same index 2 funds track iBoxx EUR Eurozone (DE ES FR IT NL) 1-3Y Index - EUR - Benchmark TR Net, this one included and share classes counted once (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Xtrackers II Eurozone Government Bond 1-3 UCITS ETF (this fund) | 0.24% | -1.9% | +6.3% | +2.5% | | Xtrackers II Eurozone Government Bond 1-3 UCITS ETF -2D - GBP Hedged- Distribution | — | +0.9% | — | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.24%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 01/10/2026): | Holding | Weight | |---|---| | Italy (Republic Of) | 25.72% | | Germany (Federal Republic Of) | 13.91% | | Spain (Kingdom Of) | 13.43% | | France (Republic Of) | 12.49% | | France (Republic OF)/25.02.29 | 8.91% | | France (Republic OF)/25.02.28 | 7.05% | | Germany (Federal Republic OF)/15.10.27 | 5.69% | | Germany (Federal Republic OF)/19.10.28 | 4.20% | | Germany (Federal Republic OF)/14.06.28 | 3.10% | | Germany (Federal Republic OF)/16.12.27 | 2.97% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By country Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Country | Weight | |---|---| | Germany | 32.3% | | France | 28.4% | | Italy | 25.7% | | Spain | 13.4% | | Ireland | 0.2% | ### By type of asset Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Type of asset | Weight | |---|---| | Bonds | 99.9% | | Equity | 0.2% | All 12 holdings: https://fundology.uk/fund/0dml/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.