# Xtrackers II Eurozone Government Bond UCITS ETF -2D Hedged- Distribution (XGLB)

**Source:** https://fundology.uk/fund/xglb · ISIN LU2523866023 · 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 01/10/2026, XGLB (Xtrackers II Eurozone Government Bond UCITS ETF -2D Hedged- Distribution, ISIN LU2523866023) closed at £6.24 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the three years to 01/10/2026 its total return was +0.4%, or −9.4% after UK CPIH inflation.

## Summary

Xtrackers II Eurozone Government Bond UCITS ETF -2D Hedged- Distribution is an exchange-traded fund (ETF) from Xtrackers, launched in 2022. It tracks the iBoxx Euro Sovereigns. 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£6.24** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XGLB |
| ISIN | LU2523866023 |
| Category | Government bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | iBoxx Euro Sovereigns |
| Income | Distributing |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £52.8m |
| Launched | 2022 |
| 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 | -1.39% | -4.48% | income reinvested |
| 3 years | +0.38% | -9.42% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of Xtrackers II Eurozone Government Bond UCITS ETF -2D Hedged- Distribution 0.20% a year, as of 02/10/2026: 54 of the 275 other government bond funds charge more, 24 the same and 197 less (share classes counted once).

## Funds tracking the same index

3 funds track iBoxx Euro Sovereigns, this one included and share classes counted once; their ongoing charges range from 0.07% to 0.20% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Xtrackers II Eurozone Government Bond UCITS ETF | 0.07% | -4.9% | +5.3% | -14.6% |
| Xtrackers II Eurozone Government Bond UCITS ETF -2D Hedged- Distribution (this fund) | 0.20% | -1.4% | +0.4% | — |
| Xtrackers II Eurozone Government Bond UCITS ETF 2C-USD Hedged Capitalisation | 0.20% | +0.4% | +3.9% | +2.8% |

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

## Questions people ask

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

The ongoing charge of XGLB 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 Eurozone Government Bond UCITS ETF -2D Hedged- Distribution 0.20% a year, as of 02/10/2026: 54 of the 275 other government bond funds charge more, 24 the same and 197 less (share classes counted once).

**What does XGLB track?**

XGLB tracks the iBoxx Euro Sovereigns.

**Is XGLB accumulating or distributing?**

XGLB is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**What is the ISIN of XGLB?**

The ISIN of XGLB is LU2523866023. An ISIN identifies one exact share class of a fund; XGLB is its ticker on the London Stock Exchange.

**How has XGLB done after inflation?**

Over the three years to 01/10/2026 XGLB’s total return was +0.4%, or −9.4% 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.