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

**Source:** https://fundology.uk/fund/xgig · ISIN LU0641007264 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (Xtrackers), 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 01/10/2026, XGIG (Xtrackers II Global Inflation-Linked Bond UCITS ETF, ISIN LU0641007264) closed at £24.30 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 01/10/2026 its total return was −11.2%, or −30.6% after UK CPIH inflation.

## Summary

Xtrackers II Global Inflation-Linked Bond UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2011. It tracks the Bloomberg Barclays World Government Inflation-Linked Bond Hedged to GBP Index - GBP. 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 paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£24.30** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XGIG |
| ISIN | LU0641007264 |
| Category | Government bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | Bloomberg Barclays World Government Inflation-Linked Bond Hedged to GBP Index - GBP |
| Income | Distributing |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £149m |
| Launched | 2011 |
| Domicile | Luxembourg |

## Past returns (periods to 01/10/2026)

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 | -0.42% | -3.54% | income reinvested |
| 3 years | +9.26% | -1.41% | income reinvested |
| 5 years | -11.19% | -30.57% | 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 only, income paid out not included): 2022 −18.9%, 2023 +2.6%, 2024 −2.3%, 2025 +3.5%; 2026 to 01/10/2026 −1.5%. Returns of Xtrackers II Global Inflation-Linked Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −1.0%; to 30/09/2025: −0.6%; to 30/09/2024: +7.1%; to 30/09/2023: −3.1%; to 30/09/2022: −17.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -18.9% | -25.7% | Price |
| 2023 | +2.6% | -1.5% | Price |
| 2024 | -2.3% | -5.6% | Price |
| 2025 | +3.5% | -0.0% | Price |
| 2026 to 01/10/2026 | -1.5% | -4.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 3.60% | -4.09% |
| 3 years | 5.22% | -4.67% |
| 5 years | 7.50% | -24.36% |

## Largest fall

Volatility of Xtrackers II Global Inflation-Linked Bond UCITS ETF in pounds, annualised from weekly returns to 01/10/2026: 3.6% over 1 year, 5.2% over 3 years, 7.5% over 5 years. Largest fall in the price of Xtrackers II Global Inflation-Linked Bond UCITS ETF since October 2021, in pounds: −24.4% from 03/12/2021 to 14/10/2022. The lowest 12-month return of Xtrackers II Global Inflation-Linked Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −22.2% (12 months to 14/10/2022); the highest was +8.8% (12 months to 04/03/2022). On 01/10/2026 the price of Xtrackers II Global Inflation-Linked Bond UCITS ETF was 18.7% below its highest weekly close since October 2021 (03/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers II Global Inflation-Linked Bond UCITS ETF 0.25% a year, as of 02/10/2026: 28 of the 275 other government bond funds charge more, 14 the same and 233 less (share classes counted once).

## Charges & eligibility

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

## What it holds

As of 01/10/2026, XGIG holds 55 positions, according to the holdings Xtrackers publishes. The largest is Treasury (Cpi) Note at 48.74% of the fund; the ten largest make up 84.9%.

### Top holdings

Largest positions (as of 01/10/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Treasury (Cpi) Note | — | 48.74% |
| 2 | UK I/L Gilt | — | 17.98% |
| 3 | Italy (Republic Of) | — | 6.37% |
| 4 | United Kingdom of Great Britain An | — | 2.58% |
| 5 | France (Republic Of) | — | 2.14% |
| 6 | United Kingdom (Government Of) | — | 1.62% |
| 7 | Treasury (Cpi) NOTE/15.04.30 | — | 1.57% |
| 8 | Treasury Note | — | 1.48% |
| 9 | Spain (Kingdom Of) | — | 1.28% |
| 10 | Canada (Government) | — | 1.13% |

Source: Xtrackers, holdings as published, as of 01/10/2026.

## 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 |
|---|---|
| United States | 51.8% |
| United Kingdom | 22.2% |
| France | 8.5% |
| Italy | 7.0% |
| Spain | 3.3% |
| Germany | 1.9% |
| Japan | 1.6% |
| Canada | 1.3% |
| Other countries | 2.3% |

### By type of asset

Added up from the holdings Xtrackers publishes, as of 01/10/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.9% |
| Cash and money market | 0.1% |

All 55 holdings: https://fundology.uk/fund/xgig/holdings

## Questions people ask

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

The ongoing charge of XGIG 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. Platform and dealing fees are charged separately. Ongoing charge of Xtrackers II Global Inflation-Linked Bond UCITS ETF 0.25% a year, as of 02/10/2026: 28 of the 275 other government bond funds charge more, 14 the same and 233 less (share classes counted once).

**What does XGIG track?**

XGIG tracks the Bloomberg Barclays World Government Inflation-Linked Bond Hedged to GBP Index - GBP.

**Is XGIG accumulating or distributing?**

XGIG 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 XGIG?**

The ISIN of XGIG is LU0641007264. An ISIN identifies one exact share class of a fund; XGIG is its ticker on the London Stock Exchange.

**What does XGIG hold?**

As of 01/10/2026, XGIG holds 55 positions, according to the holdings Xtrackers publishes. The largest is Treasury (Cpi) Note at 48.74% of the fund; the ten largest make up 84.9%. Its ten largest holdings are Treasury (Cpi) Note (48.74%), UK I/L Gilt (17.98%), Italy (Republic Of) (6.37%), United Kingdom of Great Britain An (2.58%), France (Republic Of) (2.14%), United Kingdom (Government Of) (1.62%), Treasury (Cpi) NOTE/15.04.30 (1.57%), Treasury Note (1.48%), Spain (Kingdom Of) (1.28%) and Canada (Government) (1.13%).

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

Calendar-year returns of XGIG in pounds (price only, income paid out not included): 2022 −18.9%, 2023 +2.6%, 2024 −2.3%, 2025 +3.5%; 2026 to 01/10/2026 −1.5%. Past performance is not a guide to future returns.

**How has XGIG done after inflation?**

Over the five years to 01/10/2026 XGIG’s total return was −11.2%, or −30.6% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.