# Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation (0DZF)

**Page:** https://fundology.uk/fund/0dzf · ISIN LU0942970798

## 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 13/11/2026, 0DZF (Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation, ISIN LU0942970798) closed at €20.44 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the five years to 13/11/2026 its total return was −11.9%, or −31.2% after UK CPIH inflation.

## Summary

Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation is an exchange-traded fund (ETF) from Xtrackers, launched in 2014. It tracks the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.14% a year — about £14 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. It is currency-hedged to euros, not to the pound: it aims to remove most of the effect of exchange-rate moves against euros, so a holder who counts in pounds still has currency risk.

Latest close: **€20.44** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0DZF |
| ISIN | LU0942970798 |
| Also listed as | XBAE (Xetra, euros) |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index - Benchmark TR Gross |
| Income | Accumulating |
| Ongoing charge | 0.14% a year (£14 per £10,000) |
| Fund size | £288m |
| Launched | 2014 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 06/03/2014 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -7.18% | -10.47% | income reinvested |
| 3 years | +2.28% | -7.59% | income reinvested |
| 5 years | -11.91% | -31.24% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −9.7%, 2023 +2.3%, 2024 −4.1%, 2025 +7.7%; 2026 to 13/11/2026 −6.4%. Returns of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −5.2%; to 30/09/2025: +5.3%; to 30/09/2024: +4.5%; to 30/09/2023: −3.3%; to 30/09/2022: −12.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -9.7% | -17.3% | Price |
| 2023 | +2.3% | -1.8% | Price |
| 2024 | -4.1% | -7.4% | Price |
| 2025 | +7.7% | +4.0% | Price |
| 2026 to 13/11/2026 | -6.4% | -9.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 4.56% | -8.04% |
| 3 years | 5.44% | -8.04% |
| 5 years | 5.96% | -15.54% |

## Largest fall

Volatility of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 4.6% over 1 year, 5.4% over 3 years, 6.0% over 5 years. Largest fall in the price of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation since November 2021, in pounds: −15.5% from 10/12/2021 to 06/10/2023. The lowest 12-month return of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −14.3% (12 months to 04/11/2022); the highest was +8.9% (12 months to 20/02/2026). On 13/11/2026 the price of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation was 12.4% below its highest weekly close since November 2021 (10/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation 0.14% a year. Compared on 14/11/2026, 332 of the 427 other corporate and other bond funds charge more, 10 the same and 85 less (share classes counted once).

## Funds tracking the same index

3 funds track Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.14% to 0.14% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP Hedged Distribution | 0.14% | -0.4% | +12.0% | -2.8% |
| Xtrackers II ESG Global Aggregate Bond UCITS ETF 4C CHF Hedged Capitalisation | 0.14% | -9.6% | -1.0% | -8.7% |
| Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation (this fund) | 0.14% | -7.2% | +2.3% | -11.9% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.14%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 15/11/2026, 0DZF holds 5,304 positions, according to its published holdings. The largest is Cash and other net assets at 0.51% of the fund; the ten largest make up 2.6%.

### Top holdings

Largest positions (as of 15/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Cash and other net assets | — | 0.51% |
| 2 | Treasury Note (US91282CLW90) | — | 0.32% |
| 3 | Treasury Note (US91282CMM00) | — | 0.26% |
| 4 | Treasury Note (US91282CCB54) | — | 0.25% |
| 5 | Treasury Note (US91282CKQ32) | — | 0.24% |
| 6 | Treasury Note (US91282CNC19) | — | 0.23% |
| 7 | Treasury Note (US91282CPZ85) | — | 0.22% |
| 8 | Treasury Note (US91282CPJ44) | — | 0.20% |
| 9 | Treasury Note (US91282CQD64) | — | 0.20% |
| 10 | Treasury Note (US91282CJJ18) | — | 0.19% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

Added up from the fund’s published holdings, as of 08/11/2026.

| Country | Weight |
|---|---|
| United States | 46.2% |
| Japan | 9.3% |
| France | 5.6% |
| Germany | 5.2% |
| United Kingdom | 5.1% |
| Canada | 4.3% |
| Italy | 3.1% |
| Spain | 2.5% |
| Other countries | 15.5% |
| Not classified | 2.9% |

### By type of asset

Added up from the fund’s published holdings, as of 08/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 88.0% |
| Cash and money market | 0.5% |
| Equity | 0.1% |
| Other | 11.3% |

The 4,499 holdings on record (of 5,304 reported): https://fundology.uk/fund/0dzf/holdings

## Questions people ask

**What is the ongoing charge of 0DZF?**

The ongoing charge of 0DZF is 0.14% a year — about £14 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C - EUR Hedged- Capitalisation 0.14% a year. Compared on 14/11/2026, 332 of the 427 other corporate and other bond funds charge more, 10 the same and 85 less (share classes counted once).

**What does 0DZF track?**

0DZF tracks the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index - Benchmark TR Gross.

**Is 0DZF accumulating or distributing?**

0DZF is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0DZF?**

The ISIN of 0DZF is LU0942970798. An ISIN identifies one exact share class of a fund; 0DZF is its ticker on the London Stock Exchange. The same share class is also listed as XBAE (Xetra, euros).

**What does 0DZF hold?**

As of 15/11/2026, 0DZF holds 5,304 positions, according to its published holdings. The largest is Cash and other net assets at 0.51% of the fund; the ten largest make up 2.6%. Its ten largest holdings are Cash and other net assets (0.51%), Treasury Note (US91282CLW90) (0.32%), Treasury Note (US91282CMM00) (0.26%), Treasury Note (US91282CCB54) (0.25%), Treasury Note (US91282CKQ32) (0.24%), Treasury Note (US91282CNC19) (0.23%), Treasury Note (US91282CPZ85) (0.22%), Treasury Note (US91282CPJ44) (0.20%), Treasury Note (US91282CQD64) (0.20%) and Treasury Note (US91282CJJ18) (0.19%).

**What were 0DZF’s returns in each of the last five years?**

Calendar-year returns of 0DZF in pounds (price, with income reinvested in the fund): 2022 −9.7%, 2023 +2.3%, 2024 −4.1%, 2025 +7.7%; 2026 to 13/11/2026 −6.4%. Past performance is not a guide to future returns.

**How has 0DZF done after inflation?**

Over the five years to 13/11/2026 0DZF’s total return was −11.9%, or −31.2% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/LU0942970798-esg-global-aggregate-bond-ucits-etf-5c-eur-hedged/)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.