# Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation (X71U) **Source:** https://fundology.uk/fund/x71u · ISIN LU2523865991 · 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, X71U (Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation, ISIN LU2523865991) closed at $8.97 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the three years to 30/09/2026 its total return was −7.2%, or −16.2% after UK CPIH inflation. ## Summary Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation is an exchange-traded fund (ETF) from Xtrackers, launched in 2022. It tracks the Markit iBoxx EUR Eurozone (DE ES FR IT NL) 7-10 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 0.2% a year — about £20 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: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **$8.97** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | X71U | | ISIN | LU2523865991 | | Category | Government bonds | | Type | ETF | | Provider | Xtrackers | | Tracks | Markit iBoxx EUR Eurozone (DE ES FR IT NL) 7-10 Index - EUR - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £329m | | Launched | 2022 | | 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 | -0.67% | -3.78% | income reinvested | | 3 years | -7.17% | -16.23% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation in pounds (price, with income reinvested in the fund): 2023 +5.1%, 2024 +3.7%, 2025 −3.5%; 2026 to 30/09/2026 −1.1%. Returns of Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −1.2%; to 30/09/2025: +2.4%; to 30/09/2024: +2.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +5.1% | +0.9% | Price | | 2024 | +3.7% | +0.1% | Price | | 2025 | -3.5% | -6.8% | Price | | 2026 to 30/09/2026 | -1.1% | -3.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.92% | -6.06% | | 3 years | 7.66% | -8.61% | ## Largest fall Volatility of Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation in pounds, annualised from weekly returns to 30/09/2026: 6.9% over 1 year, 7.7% over 3 years. Largest fall in the price of Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation since October 2022, in pounds: −11.5% from 04/11/2022 to 14/07/2023. The lowest 12-month return of Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation in pounds (price, with income reinvested in the fund) since October 2022 was −6.5% (12 months to 20/10/2023); the highest was +9.5% (12 months to 22/11/2024). On 30/09/2026 the price of Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation was 6.9% below its highest weekly close since October 2022 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation 0.20% a year, as of 01/10/2026: 54 of the 274 other government bond funds charge more, 24 the same and 196 less (share classes counted once). ## Funds tracking the same index 3 funds track Markit iBoxx EUR Eurozone (DE ES FR IT NL) 7-10 Index - EUR - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.20% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Xtrackers II Eurozone Government Bond 7-10 UCITS ETF -1D Hedged- Distribution | 0.20% | -1.9% | +0.6% | — | | Xtrackers II Eurozone Government Bond 7-10 UCITS ETF 2C Hedged- Capitalisation (this fund) | 0.20% | -0.7% | -7.2% | — | | Xtrackers II Eurozone Government Bond 7-10 UCITS ETF Capitalisation 1C | 0.15% | -5.6% | +5.3% | -15.7% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 01/10/2026): | Holding | Weight | |---|---| | Germany (Federal Republic Of) | 23.97% | | Italy (Republic Of) | 23.05% | | Spain (Kingdom Of) | 12.67% | | France (Republic Of) | 12.43% | | France (Republic OF)/25.11.33 | 7.73% | | France (Republic OF)/25.11.35 | 6.95% | | Spain (Kingdom OF)/31.10.33 | 3.65% | | Spain (Kingdom OF)/30.04.35 | 3.22% | | Netherlands (Kingdom OF)/15.07.35 | 1.92% | | Netherlands (Kingdom OF)/15.07.34 | 1.62% | ## 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 | |---|---| | France | 27.1% | | Germany | 25.1% | | Italy | 23.1% | | Spain | 19.5% | | Netherlands | 5.1% | | Ireland | 0.1% | | Not classified | 0.0% | ### By type of asset Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Type of asset | Weight | |---|---| | Bonds | 99.9% | | Equity | 0.1% | | Cash and money market | 0.0% | All 14 holdings: https://fundology.uk/fund/x71u/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.