# Xtrackers II Global Inflation-Linked Bond UCITS ETF (XG7U)

**Source:** https://fundology.uk/fund/xg7u · ISIN LU0641007009 · 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, XG7U (Xtrackers II Global Inflation-Linked Bond UCITS ETF, ISIN LU0641007009) closed at $27.21 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 30/09/2026 its total return was −8.4%, or −28.4% after UK CPIH inflation.

## Summary

Xtrackers II Global Inflation-Linked Bond UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2013. It tracks the Bloomberg Barclays World Government Inflation-Linked Bond USD Hedged Index - USD. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 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: **$27.21** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XG7U |
| ISIN | LU0641007009 |
| Category | Government bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | Bloomberg Barclays World Government Inflation-Linked Bond USD Hedged Index - USD |
| Income | Accumulating |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £27.4m |
| Launched | 2013 |
| 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 | +1.17% | -2.00% | income reinvested |
| 3 years | +0.62% | -9.20% | income reinvested |
| 5 years | -8.36% | -28.37% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers II Global Inflation-Linked Bond UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −7.1%, 2023 −1.5%, 2024 +0.7%, 2025 −3.0%; 2026 to 30/09/2026 +0.8%. Returns of Xtrackers II Global Inflation-Linked Bond UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.2%; to 30/09/2025: +0.8%; to 30/09/2024: −0.6%; to 30/09/2023: −11.2%; to 30/09/2022: +4.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -7.1% | -14.9% | Price |
| 2023 | -1.5% | -5.4% | Price |
| 2024 | +0.7% | -2.7% | Price |
| 2025 | -3.0% | -6.3% | Price |
| 2026 to 30/09/2026 | +0.8% | -2.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.56% | -4.43% |
| 3 years | 7.44% | -9.07% |
| 5 years | 9.43% | -16.84% |

## Largest fall

Volatility of Xtrackers II Global Inflation-Linked Bond UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 6.6% over 1 year, 7.4% over 3 years, 9.4% over 5 years. Largest fall in the price of Xtrackers II Global Inflation-Linked Bond UCITS ETF since October 2021, in pounds: −16.8% from 10/12/2021 to 14/07/2023. The lowest 12-month return of Xtrackers II Global Inflation-Linked Bond UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −15.2% (12 months to 18/08/2023); the highest was +14.9% (12 months to 13/05/2022). On 30/09/2026 the price of Xtrackers II Global Inflation-Linked Bond UCITS ETF was 13.0% below its highest weekly close since October 2021 (10/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers II Global Inflation-Linked Bond UCITS ETF 0.25% a year, as of 01/10/2026: 28 of the 274 other government bond funds charge more, 14 the same and 232 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.