# Xtrackers IE Physical Gold ETC (XGDP)

**Page:** https://fundology.uk/fund/xgdp · ISIN DE000A2T0VU5

## 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, XGDP (Xtrackers IE Physical Gold ETC, ISIN DE000A2T0VU5) closed at £45.13 on the London Stock Exchange. Its ongoing charge is 0.11% a year (about £11 on £10,000). Over the three years to 13/11/2026 its total return was +91.6%, or +73.1% after UK CPIH inflation.

## Summary

Xtrackers IE Physical Gold ETC is an exchange-traded commodity (ETC) from Xtrackers, launched in 2020. It tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.11% a year — about £11 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Latest close: **£45.13** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XGDP |
| ISIN | DE000A2T0VU5 |
| Also listed as | XGDU (London Stock Exchange, US dollars) |
| Category | Gold & commodities |
| Type | ETC |
| Provider | Xtrackers |
| Tracks | LBMA Gold Price PM - USD - Benchmark Price Return |
| Ongoing charge | 0.11% a year (£11 per £10,000) |
| Fund size | £4.8bn |
| Launched | 2020 |
| Domicile | Germany |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/10/2025 |

## 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 | -3.67% | -7.08% | income reinvested |
| 3 years | +91.60% | +73.10% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Xtrackers IE Physical Gold ETC in pounds (price only; the fund pays no income): 2025 +50.4%; 2026 to 13/11/2026 −8.4%. Returns of Xtrackers IE Physical Gold ETC in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +8.4%; to 30/09/2025: +45.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +50.4% | +45.2% | Price |
| 2026 to 13/11/2026 | -8.4% | -11.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.60% | -25.20% |

## Largest fall

Volatility of Xtrackers IE Physical Gold ETC in pounds, annualised from weekly returns to 13/11/2026: 21.6% over 1 year. Largest fall in the price of Xtrackers IE Physical Gold ETC since August 2024, in pounds: −25.2% from 27/02/2026 to 30/10/2026. The lowest 12-month return of Xtrackers IE Physical Gold ETC in pounds (price only; the fund pays no income) since August 2024 was −5.9% (12 months to 13/11/2026); the highest was +71.7% (12 months to 27/02/2026). On 13/11/2026 the price of Xtrackers IE Physical Gold ETC was 24.6% below its highest weekly close since August 2024 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers IE Physical Gold ETC 0.11% a year. Compared on 14/11/2026, 149 of the 149 other gold and commodity funds charge more, 0 the same and 0 less (share classes counted once).

## Funds tracking the same index

20 funds track LBMA Gold Price PM - USD - Benchmark Price Return, this one included and share classes counted once; their ongoing charges range from 0.11% to 0.69% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Physical Gold ETC | 0.12% | -7.3% | +84.9% | +109.2% |
| Gold Bullion Securities | 0.40% | -7.5% | +83.4% | +106.3% |
| Invesco Physical Gold ETC | 0.12% | -3.7% | +91.6% | +116.7% |
| Invesco Physical Gold GBP Hedged ETC | 0.35% | -3.9% | +100.8% | — |
| iShares Gold ETF (CH) Class A | 0.19% | -3.2% | +91.3% | +116.4% |
| iShares Physical Gold ETC | 0.12% | -3.7% | +91.6% | +116.7% |
| iShares Physical Gold GBP Hedged ETC | 0.25% | -3.6% | — | — |
| Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged | 0.27% | -6.4% | +78.5% | +117.0% |
| Royal Mint Responsibly Sourced Physical Gold ETC | 0.25% | -3.8% | +90.8% | — |
| Swisscanto (CH) Gold ETF Anteile -EAH (GBP)- | 0.40% | +1.7% | +104.3% | +111.7% |
| UBS ETF (CH) - UBS Gold ETF Units -USD acc- | 0.23% | -3.3% | +91.1% | +116.0% |
| UBS Gold hCHF ETF Units -CHF acc- | 0.36% | -12.8% | +78.1% | +93.5% |
| UBS Gold hEUR ETF Units -EUR acc- | 0.31% | -10.2% | +84.6% | +85.9% |
| Wisdomtree Core Physical Gold | 0.12% | -7.3% | +84.9% | — |
| WisdomTree Physical Gold | 0.39% | -7.5% | +83.4% | +106.4% |
| WisdomTree Physical Swiss Gold | 0.15% | -7.3% | +84.8% | +108.9% |
| Xtrackers IE Physical Gold ETC (this fund) | 0.11% | -3.7% | +91.6% | — |
| Xtrackers IE Physical Gold GBP Hedged ETC | 0.33% | -3.9% | +100.7% | — |
| Xtrackers Physical Gold ETC 2010-15.6.60 Physical Gold Commodity | 0.25% | -3.3% | +90.9% | +115.8% |
| Xtrackers Physical Gold GBP Hedged ETC | 0.69% | -4.1% | +99.7% | +100.7% |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.11%** 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.

## Questions people ask

**What is the ongoing charge of XGDP?**

The ongoing charge of XGDP is 0.11% a year — about £11 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 IE Physical Gold ETC 0.11% a year. Compared on 14/11/2026, 149 of the 149 other gold and commodity funds charge more, 0 the same and 0 less (share classes counted once).

**What does XGDP track?**

XGDP tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold.

**What is the ISIN of XGDP?**

The ISIN of XGDP is DE000A2T0VU5. An ISIN identifies one exact share class of a fund; XGDP is its ticker on the London Stock Exchange. The same share class is also listed as XGDU (London Stock Exchange, US dollars).

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

Calendar-year returns of XGDP in pounds (price only; the fund pays no income): 2025 +50.4%; 2026 to 13/11/2026 −8.4%. Past performance is not a guide to future returns.

**How has XGDP done after inflation?**

Over the three years to 13/11/2026 XGDP’s total return was +91.6%, or +73.1% after UK CPIH inflation. Past performance is not a guide to future returns.

---

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.