# Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS (0MVR)

**Page:** https://fundology.uk/fund/0mvr · ISIN LU0524480265

## 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, 0MVR (Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS, ISIN LU0524480265) closed at €174.67 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was −11.9%, or −31.3% after UK CPIH inflation.

## Summary

Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS is an exchange-traded fund (ETF) from Xtrackers, launched in 2010. It tracks the Markit iBoxx EUR Sovereigns Eurozone Yield Plus Index - EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 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: **€174.67** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0MVR |
| ISIN | LU0524480265 |
| Also listed as | XY4P (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | Markit iBoxx EUR Sovereigns Eurozone Yield Plus Index - EUR |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £866m |
| Launched | 2010 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/09/2010 |

## 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 | -8.44% | -11.68% | income reinvested |
| 3 years | +3.68% | -6.33% | income reinvested |
| 5 years | -11.95% | -31.27% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS in pounds (price, with income reinvested in the fund): 2022 −12.7%, 2023 +6.2%, 2024 −1.5%, 2025 +6.5%; 2026 to 13/11/2026 −7.2%. Returns of Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −5.5%; to 30/09/2025: +5.7%; to 30/09/2024: +7.8%; to 30/09/2023: −3.1%; to 30/09/2022: −14.9%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -12.7% | -20.1% | Price |
| 2023 | +6.2% | +2.0% | Price |
| 2024 | -1.5% | -4.9% | Price |
| 2025 | +6.5% | +2.8% | Price |
| 2026 to 13/11/2026 | -7.2% | -10.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.81% | -10.48% |
| 3 years | 6.34% | -10.48% |
| 5 years | 7.25% | -17.40% |

## Largest fall

Volatility of Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS in pounds, annualised from weekly returns to 13/11/2026: 6.8% over 1 year, 6.3% over 3 years, 7.2% over 5 years. Largest fall in the price of Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS since November 2021, in pounds: −17.4% from 17/12/2021 to 06/10/2023. The lowest 12-month return of Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS in pounds (price, with income reinvested in the fund) since January 2021 was −15.2% (12 months to 14/10/2022); the highest was +9.0% (12 months to 27/02/2026). On 13/11/2026 the price of Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS was 12.2% below its highest weekly close since November 2021 (17/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers II iBoxx Eurozone Government Bond Yield Plus UCITS 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** 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, 0MVR holds 211 positions, according to its published holdings. The largest is France (Republic Of) (FR0011883966) at 1.75% of the fund; the ten largest make up 15.1%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | France (Republic Of) (FR0011883966) | — | 1.75% |
| 2 | France (Republic Of) (FR0013286192) | — | 1.59% |
| 3 | France (Republic Of) (FR001400L834) | — | 1.58% |
| 4 | France (Republic Of) (FR0012993103) | — | 1.56% |
| 5 | France (Republic Of) (FR001400HI98) | — | 1.54% |
| 6 | France (Republic Of) (FR001400Z2L7) | — | 1.52% |
| 7 | France (Republic Of) (FR0013341682) | — | 1.45% |
| 8 | France (Republic Of) (FR001400PM68) | — | 1.43% |
| 9 | France (Republic Of) (FR001400BKZ3) | — | 1.36% |
| 10 | France (Republic Of) (FR0013407236) | — | 1.33% |

## 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 |
|---|---|
| France | 45.7% |
| Italy | 42.9% |
| Belgium | 9.6% |
| Slovakia | 1.5% |
| Bulgaria | 0.3% |
| Ireland | 0.1% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Bonds | 99.9% |
| Equity | 0.1% |

All 211 holdings: https://fundology.uk/fund/0mvr/holdings

## Questions people ask

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

The ongoing charge of 0MVR is 0.15% a year — about £15 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 iBoxx Eurozone Government Bond Yield Plus UCITS 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once).

**What does 0MVR track?**

0MVR tracks the Markit iBoxx EUR Sovereigns Eurozone Yield Plus Index - EUR.

**Is 0MVR accumulating or distributing?**

0MVR 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 0MVR?**

The ISIN of 0MVR is LU0524480265. An ISIN identifies one exact share class of a fund; 0MVR is its ticker on the London Stock Exchange. The same share class is also listed as XY4P (Xetra, euros).

**What does 0MVR hold?**

As of 15/11/2026, 0MVR holds 211 positions, according to its published holdings. The largest is France (Republic Of) (FR0011883966) at 1.75% of the fund; the ten largest make up 15.1%. Its ten largest holdings are France (Republic Of) (FR0011883966) (1.75%), France (Republic Of) (FR0013286192) (1.59%), France (Republic Of) (FR001400L834) (1.58%), France (Republic Of) (FR0012993103) (1.56%), France (Republic Of) (FR001400HI98) (1.54%), France (Republic Of) (FR001400Z2L7) (1.52%), France (Republic Of) (FR0013341682) (1.45%), France (Republic Of) (FR001400PM68) (1.43%), France (Republic Of) (FR001400BKZ3) (1.36%) and France (Republic Of) (FR0013407236) (1.33%).

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

Calendar-year returns of 0MVR in pounds (price, with income reinvested in the fund): 2022 −12.7%, 2023 +6.2%, 2024 −1.5%, 2025 +6.5%; 2026 to 13/11/2026 −7.2%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 0MVR’s total return was −11.9%, or −31.3% 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/LU0524480265-iboxx-eurozone-government-bond-yield-plus-ucits-etf-1c/)
- 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.