# Xtrackers II Global Government Bond UCITS ETF -4D- Distribution (XGB4) **Page:** https://fundology.uk/fund/xgb4 · ISIN LU3284391318 ## 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, XGB4 (Xtrackers II Global Government Bond UCITS ETF -4D- Distribution, ISIN LU3284391318) closed at $10.05 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). ## Summary Xtrackers II SICAV - Xtrackers II Global Government Bond UCITS ETF -4D- Distribution is an exchange-traded fund (ETF) from Xtrackers, launched in 2026. It tracks the FTSE WGBI - Developed Markets (EUR). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% 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 paid out to holders as cash, usually a few times a year. Latest close: **$10.05** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XGB4 | | ISIN | LU3284391318 | | Category | Government bonds | | Type | ETF | | Provider | Xtrackers | | Tracks | FTSE WGBI - Developed Markets (EUR) | | Income | Distributing | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £67.1m | | Launched | 2026 | | Domicile | Luxembourg | ## Charges compared with similar funds Ongoing charge of Xtrackers II SICAV - Xtrackers II Global Government Bond UCITS ETF -4D- Distribution 0.20% a year. Compared on 14/11/2026, 62 of the 311 other government bond funds charge more, 30 the same and 219 less (share classes counted once). ## Funds tracking the same index 7 funds track FTSE WGBI - Developed Markets (EUR), this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Xtrackers II Global Government Bond UCITS ETF | 0.25% | -0.8% | +9.4% | -6.5% | | Xtrackers II Global Government Bond UCITS ETF 5C Capitalisation | 0.20% | -4.0% | -0.5% | -14.6% | | Xtrackers II Global Government Bond UCITS ETF Acc | 0.25% | -9.9% | -3.5% | -12.8% | | Xtrackers II Global Government Bond UCITS ETF Dist | 0.25% | -7.7% | -0.4% | -15.4% | | Xtrackers II Global Government Bond UCITS ETF EUR Hedged Acc | 0.25% | -7.7% | -0.4% | -15.5% | | Xtrackers II Global Government Bond UCITS ETF USD Hedged Acc | 0.25% | -1.2% | +1.8% | -3.4% | | Xtrackers II SICAV - Xtrackers II Global Government Bond UCITS ETF -4D- Distribution (this fund) | 0.20% | — | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** 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, XGB4 holds 1,300 positions, according to its published holdings. The largest is Treasury Note (US91282CNT44) at 0.39% of the fund; the ten largest make up 3.8%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury Note (US91282CNT44) | — | 0.39% | | 2 | Treasury Note (US91282CRF04) | — | 0.39% | | 3 | Treasury Note (US91282CJZ59) | — | 0.38% | | 4 | Treasury Note (US91282CLW90) | — | 0.38% | | 5 | Treasury Note (US91282CMM00) | — | 0.38% | | 6 | Treasury Note (US91282CQQ77) | — | 0.38% | | 7 | Treasury Note (US91282CJJ18) | — | 0.37% | | 8 | Treasury Note (US91282CKQ32) | — | 0.37% | | 9 | Treasury Note (US91282CPZ85) | — | 0.37% | | 10 | Treasury Note (US91282CGH88) | — | 0.36% | ## 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 | 47.2% | | Japan | 10.1% | | France | 6.8% | | Italy | 6.3% | | United Kingdom | 6.3% | | Germany | 5.7% | | Spain | 4.2% | | South Korea | 2.4% | | Other countries | 11.1% | ### By type of asset Added up from the fund’s published holdings, as of 08/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.7% | | Equity | 0.3% | The 1,294 holdings on record (of 1,300 reported): https://fundology.uk/fund/xgb4/holdings ## Questions people ask **What is the ongoing charge of XGB4?** The ongoing charge of XGB4 is 0.20% a year — about £20 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 SICAV - Xtrackers II Global Government Bond UCITS ETF -4D- Distribution 0.20% a year. Compared on 14/11/2026, 62 of the 311 other government bond funds charge more, 30 the same and 219 less (share classes counted once). **What does XGB4 track?** XGB4 tracks the FTSE WGBI - Developed Markets (EUR). **Is XGB4 accumulating or distributing?** XGB4 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **What is the ISIN of XGB4?** The ISIN of XGB4 is LU3284391318. An ISIN identifies one exact share class of a fund; XGB4 is its ticker on the London Stock Exchange. **What does XGB4 hold?** As of 15/11/2026, XGB4 holds 1,300 positions, according to its published holdings. The largest is Treasury Note (US91282CNT44) at 0.39% of the fund; the ten largest make up 3.8%. Its ten largest holdings are Treasury Note (US91282CNT44) (0.39%), Treasury Note (US91282CRF04) (0.39%), Treasury Note (US91282CJZ59) (0.38%), Treasury Note (US91282CLW90) (0.38%), Treasury Note (US91282CMM00) (0.38%), Treasury Note (US91282CQQ77) (0.38%), Treasury Note (US91282CJJ18) (0.37%), Treasury Note (US91282CKQ32) (0.37%), Treasury Note (US91282CPZ85) (0.37%) and Treasury Note (US91282CGH88) (0.36%). ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/LU3284391318-global-government-bond-ucits-etf-4d/) - Links checked 12/10/2026. --- 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.